shouldn't right-libertarians and market-deifiers support floating currencies? (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
April 30, 2024, 05:28:39 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  Economics (Moderator: Torie)
  shouldn't right-libertarians and market-deifiers support floating currencies? (search mode)
Pages: [1]
Author Topic: shouldn't right-libertarians and market-deifiers support floating currencies?  (Read 803 times)
© tweed
Miamiu1027
Atlas Superstar
*****
Posts: 36,562
United States


« on: February 16, 2012, 10:25:11 AM »

I'm usually not into trying to play gotcha! on individual points with right-wing ideology, as I find it generally to be a very vapid and bankrupt thing, but I found this point to be especially interesting?  isn't a hard currency or gold standard a violation of market principles?  why should investors be prohibited from valuing the money-commodity on its own merits, as is the case (or, it is argued, should be the case) with any other commodity?
Logged
© tweed
Miamiu1027
Atlas Superstar
*****
Posts: 36,562
United States


« Reply #1 on: February 17, 2012, 06:15:34 AM »

And if the Clearing-House were to fail, it would almost certainly be bailed out.

how could it be bailed out if the state could no longer print money?
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.018 seconds with 12 queries.