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  • The problem with socialism is that you eventually run out of other peop

    From JohnO@3:770/3 to All on Sunday, March 05, 2017 12:58:26
    Well said, Maggie.

    And here's a perfect example:

    http://money.cnn.com/2017/03/01/news/economy/venezuela-cash/index.html

    It is inevitable that when you allow a committee of politicians to operate the levers of supply and production that the economy is going to produce the wrong this at the wrong time in the wrong place.

    Let the market send the demand signals and let the market respond to them. Just
    like in nature.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From Gordon@3:770/3 to JohnO on Monday, March 06, 2017 06:45:31
    On 2017-03-05, JohnO <johno1234@gmail.com> wrote:
    Well said, Maggie.

    And here's a perfect example:

    http://money.cnn.com/2017/03/01/news/economy/venezuela-cash/index.html

    It is inevitable that when you allow a committee of politicians to operate
    the levers of supply and production that the economy is going to produce the wrong this at the wrong time in the wrong place.

    Let the market send the demand signals and let the market respond to them.
    Just like in nature.


    Look capayism does not scale well and if left alone goes through the crash
    and burn cycle. The irony is that no capatialist has the guts to let the
    market forces free to Govern. To let things run out of control to the great crash of xx year.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)
  • From JohnO@3:770/3 to All on Sunday, March 05, 2017 23:19:49
    Crashes weed out the dead wood. Despite them capitalist economies flourish while socialist economies decay.

    --- SoupGate-Win32 v1.05
    * Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)