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	Forums ›› Community Lounge ›› Politics & Religion ›› Obama: Capitalism dosen't work and it has never worked

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achilles28

Registered: Apr 2005
Posts: 7536

04-10-12 11:17 AM

Quote from 4thaugust1932:

What if Fed puts an expiry date on dollar notes?

How would that work.... ?

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4thaugust1932

Registered: Feb 2012
Posts: 222

04-10-12 11:40 AM

Quote from achilles28:

How would that work.... ?

Unlike capitalism, globalization is zero-sum.
To counter/regulate globalization Fed should put an expiry date on dollar notes.

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achilles28

Registered: Apr 2005
Posts: 7536

04-10-12 12:14 PM

Quote from 4thaugust1932:

Unlike capitalism, globalization is zero-sum.
To counter/regulate globalization Fed should put an expiry date on dollar notes.

How would that benefit dollar savers, including American citizens?

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zdreg

Registered: Oct 2003
Posts: 8340

04-10-12 12:39 PM

Quote from 4thaugust1932:

Unlike capitalism, globalization is zero-sum.
To counter/regulate globalization Fed should put an expiry date on dollar notes.

this is exactly the tactic that is used in 3rd world countries who believe that devaluing the currency is the road to prosperity.

it is quite a sight to watch the decline of the US.

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Brass

Registered: Jan 2012
Posts: 3509

04-10-12 05:38 PM

Quote from piezoe:

...If the Keynes prescription is not properly applied, you can't blame Keynes.

Yes, but the ET Crazy Right contingent is incapable of comprehending that very fact: if you don't follow the recipe, you can't blame the cookbook.

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Brass

Registered: Jan 2012
Posts: 3509

04-10-12 05:40 PM

Quote from Lucrum:

...I figure I know at least as much as your messiah, Odumbo.

I don't think you're sufficiently self-aware to even realize what you don't know. And while you may take it as an insult, it is a plain statement of fact.

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