Comments on: China and the Weakening Dollar http://www.believeallthings.com/3985/china-weakening-dollar/ Sat, 13 Mar 2010 19:59:04 -0700 http://wordpress.org/?v=abc hourly 1 By: Greg http://www.believeallthings.com/3985/china-weakening-dollar/comment-page-1/#comment-7243 Greg Tue, 27 Oct 2009 05:13:22 +0000 http://www.believeallthings.com/?p=3985#comment-7243 Yeah, you might enjoy reading it. Yeah, you might enjoy reading it.

]]> By: Mark D. http://www.believeallthings.com/3985/china-weakening-dollar/comment-page-1/#comment-7242 Mark D. Tue, 27 Oct 2009 04:54:46 +0000 http://www.believeallthings.com/?p=3985#comment-7242 No I haven't. I have read one of Hazlitt's other books. Sound's worth checking out. No I haven’t. I have read one of Hazlitt’s other books. Sound’s worth checking out.

]]> By: Greg http://www.believeallthings.com/3985/china-weakening-dollar/comment-page-1/#comment-7239 Greg Mon, 26 Oct 2009 15:36:22 +0000 http://www.believeallthings.com/?p=3985#comment-7239 Mark D. - Have you read Henry Hazlitt's <a href="http://mises.org/store/Product.aspx?ProductId=571&utm_source=Homepage&utm_medium=FeaturedProd&utm_term=Widget&utm_campaign=Featured_Widget" rel="nofollow">From Bretton Woods to World Inflation</a>? It would appear that the basis for government intervention (e.g. monetary central planning) was worked out many years ago. And parties of all stripes from left to right participate in the "spoils". Mark D. – Have you read Henry Hazlitt’s From Bretton Woods to World Inflation? It would appear that the basis for government intervention (e.g. monetary central planning) was worked out many years ago. And parties of all stripes from left to right participate in the “spoils”.

]]> By: Mark D. http://www.believeallthings.com/3985/china-weakening-dollar/comment-page-1/#comment-7237 Mark D. Mon, 26 Oct 2009 05:08:51 +0000 http://www.believeallthings.com/?p=3985#comment-7237 Weakening the currency is a classic share the wealth policy, especially common in Latin America. Print more money, run enormous deficits, or advocate policies that eventually leads to rescues / bailouts that cause the inflating of the money supply is an extraordinarily transparent way to take money from savers (i.e. "the old and the rich") and give it to debtors (i.e. "the young and the poor"). Our president sees himself as the next Abraham Lincoln. If the economy goes to h*** in a handbasket, that is all just collateral damage to him. Based on much of what he has said, "sharing the wealth" is as high a priority for him as saving the Union was for Lincoln. This is the type of stuff that makes left liberals get up in the morning. Weakening the currency is a classic share the wealth policy, especially common in Latin America. Print more money, run enormous deficits, or advocate policies that eventually leads to rescues / bailouts that cause the inflating of the money supply is an extraordinarily transparent way to take money from savers (i.e. “the old and the rich”) and give it to debtors (i.e. “the young and the poor”).

Our president sees himself as the next Abraham Lincoln. If the economy goes to h*** in a handbasket, that is all just collateral damage to him. Based on much of what he has said, “sharing the wealth” is as high a priority for him as saving the Union was for Lincoln. This is the type of stuff that makes left liberals get up in the morning.

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