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Economies of Scale

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cognitivist posted on Wed, Aug 18 2010 9:15 AM

Why are US state economies inhibited by the Federal government? It's clearly not profitable to depress the states' economic output through taxation and commerce regulation.

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Please do not make a new thread for every question you have.  It would be preferred if you save them up and put them in one thread, or start a thread and keep adding questions to it.

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Copy that.

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cognitivist:
Why are US state economies inhibited by the Federal government?

Simple answer, they accept FRNs.

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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