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Occam's Stubble
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I share Geoman's concern about limited deflation with unlimited inflation. I understand the need for continual inflation to keep people and businesses from losing their shirts on their capital investments. I just wonder if there would be a better way say, for example, the federal government auctions off the 1/3 of the US land it currently owns and offers the proceeds as a one-time payment to those with capital investments to pay down the balance on those loans. Also, one other need you say there is for the stipend is all the people technology will put out of work. I think that one of the things free market capitalism does best is to exploit resources, human or otherwise. The thing I like about this plan is that it seems to push government regulation and cronyism out of the way in favor of a free market in order to ensure continued upward prosperity. Anyway, I wish you good luck. I'm going to pass this around to some of my friends for their opinion.
Toggle Commented Jul 27, 2016 on 13. Conclusion at The ATOM
The problem you're going to have with politicians is that progressives, most Democrats and some Republicans, think it is their job to tinker with society trying to create their vision of Utopia. This idea of giving everyone an equal stipend and leaving the rest to the free market is not going to go over well with a lot of them.
Toggle Commented Jul 21, 2016 on 8. The ATOM Transformation by Sector at The ATOM
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Jul 21, 2016