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|    alt.politics.socialism    |    Everything thats yours is now mine    |    19,807 messages    |
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|    Message 18,667 of 19,807    |
|    New York Libertarians to All    |
|    Re: OT Lie-bertarian Armageddon Phantasm    |
|    30 Aug 19 16:29:01    |
      From: wernerhetzner@gmail.com              On Friday, August 30, 2019 at 6:39:50 PM UTC-4, Ördög wrote:       > > Central banks must then create money. Problem is: money       > > is just paper not capital. You can’t eat it or fuck it.        >        > The problem is of course that the capitalist central banking has fuck all        > to do with socialism.       >        > But never let capitalist lie-bertarian be confused by facts and reality.       >        > You'd better fuck off to some other forum with higher percentage of        > intellectual midget readers.       >                      Inflating the supply of money socializes costs. It reduces the standard of       living for most people, especially poor people. It also rewards debtors and       punishes creditors. It destroys markets, creates perverse incentives and       expands moral hazard.        Eventually it destroys the entire economic system. This is a characteristic of       socialism and its main drawback and principal consequence.               --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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