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Old November 22nd, 2017, 05:52 AM   #151
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Originally Posted by TNVolunteer73 View Post
I didn't come from Trees, but You know your family tree better than I.

All I know is the individual that is a better hunter will have trade the food he gathers for tools, housing, and even women.

capitalism, goods and services are used as money

Capitalism has peaks and troughs. Socialism has a peak then comes failure unless they introduce capitalism into the mix.
Unfettered capitalism will fail unless socialism is introduced into the mix.

The capitalism or socialism debate is yet another artificial schism over which people carry on endlessly, with the proponents of pure capitalism or pure socialism sharing one attribute.

They're both wrong.
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Old November 22nd, 2017, 06:00 AM   #152
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Unfettered capitalism will fail unless socialism is introduced into the mix.

The capitalism or socialism debate is yet another artificial schism over which people carry on endlessly, with the proponents of pure capitalism or pure socialism sharing one attribute.

They're both wrong.
Then, once you mix socialism into capitalism, that society still fails. Do you think there may be a difference between capitalism and a free market economy? How do you think the Republic was supposed to impact our economy?
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Old November 22nd, 2017, 06:02 AM   #153
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Unfettered capitalism will fail unless socialism is introduced into the mix.

The capitalism or socialism debate is yet another artificial schism over which people carry on endlessly, with the proponents of pure capitalism or pure socialism sharing one attribute.

They're both wrong.
No it will not Now will there be periods of economic downturns yes.

But.. sooner are later you will need new tires, new Computer, new car... and people will have to purchase them

lets look at the last 2 recessions and the Great Depression

the Great depression was caused by debt, It should be called the Great margin call. We recovered because the economy was boosed by war production. Companies built arms for profit sold them to England, then to the US.

The Tech bubble was caused by Y2K.. to prepare for Y2K the economy grew because everyone was purchasing new equipment and computers to prepare for Y2K after January 1 2000, everyone had new computers, so the market tanked, ~4-5 years later everyone needed a new computer because technology changed and the computers purchased for Y2K were beginning to fail, then there was a market for mobile devices.


The housing market, houses prices were growing people were buying houses selling houses and flipping houses, well Government began via the Federal Reserve forced banks to give loans to people that could not afford a mortgage, what happened so many people had homes so the market cooled housing prices became stagnant. also the Economy began to slow and peoplelost jobs, they had mortages they could not pay, they had NO emergency funds.. so the bubble burst..

Today housing is growing again because people are starting back to work...

you see capitalism has cycles.. Socailism peaks then total failure.

The problem today is that government has so much debt it must take money out of the economy to service the debt.
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Old November 22nd, 2017, 06:07 AM   #154
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Then, once you mix socialism into capitalism, that society still fails. Do you think there may be a difference between capitalism and a free market economy? How do you think the Republic was supposed to impact our economy?
The Republic was set up to insure free commerce... But in ~1915 the government created a national bank and gave it the power to create Debt (federal reserve note) and created a fiat currency. Which now has created a devalued currency, and the government has created massive debt to pay for pet projects that have failed. So the socialist indroduction to our economy has caused a failure to be on the horizon.
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Old November 22nd, 2017, 06:17 AM   #155
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The Republic was set up to insure free commerce... But in ~1915 the government created a national bank and gave it the power to create Debt (federal reserve note) and created a fiat currency. Which now has created a devalued currency, and the government has created massive debt to pay for pet projects that have failed. So the socialist indroduction to our economy has caused a failure to be on the horizon.
If we went back and corrected what went wrong in 1915, we would have fewer economic woes and no pretext to try and emulate socialist countries that inevitably fail.
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Old November 23rd, 2017, 04:30 AM   #156
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Originally Posted by TNVolunteer73 View Post
I didn't come from Trees, but You know your family tree better than I.

All I know is the individual that is a better hunter will have the ability to trade the food he gathers for tools, housing, and even women.

capitalism, goods and services are used as money

Capitalism has peaks and troughs. Socialism has a peak then comes failure unless they introduce capitalism into the mix.
Total and utter codswallop. You know nothing about prehistory, and little about history. Capitalism replaced feudalism from about the Seventeenth Century, and proceeded on a huge career of looting and thieving, allowing it to set up a society suitable for human beings, which it didn't.. I don't suppose you have many of those where you live: you should meet some.
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