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Out of context: Reply #62775
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- bliznutty0
Here are my radical libertarian (or not?!) thoughts:
Where most libertarians on the right/conservative side of the spectrum, I find myself on the left side of it. As far as what I would implement if were I given the power, I would immediately make it a crime to charge interest on any and all loans (eliminating usury), as well as remove the current debts of society. Similar to how it was back in the day. In my opinion, this would greatly improve our society's wealth and would be the quickest way for the underprivileged to catch up with society. It would naturally bring us closer in terms of social balance and facilitate prosperity for all. I truly believe we should be teaching kids in school the global financial system, the basics of money creation and sound money policy (both historical and present), alongside free market economics. This would be a fast way to get the next generation moving on our main problems, and create a fair currency system, or maybe even potentially make banking a function of government. I'm not necessarily against government, and understand limited government is somewhat hypothetical, I just truly believe in liberty as I see the main problems in the world are, at the root, usually caused by money, and slavery (which is important to note that usury is a form of slavery), or the results thereof bad money or slavery
I really don't have any libertarian friends and just need some insight and feedback.
- as well i forgot to mention, we need to make law that money cannot be treated as a commodity on wall street.bliznutty
- I think you have a point on the nature of usry, but somehow it doesnt sound libertarian as soon as you said lets make a law.yurimon
- aside from the usry comment, banks used to compete and create currency n compete with other banks. libertarian ideas are more along light or no regulationyurimon
- that interfere with markets. a good book on the subjectyurimon
- http://www.amazon.co…yurimon
- libertarianism i think tries to solve the issue of force, coercion in a system and the threat of force to compel action. volunteer society which is the core ofyurimon
- the foundations of liberty. it does this by attempting to reflect historical on what has worked, nature of society, markets vs central planning, etc.yurimon
- some people see it as social Darwinism. it has that aspect of competition but at the same time thats when we most excel. of course society has to compassionateyurimon
- in the right way. i see no issue in helping people, if someone falls on hard times, willing to work. mistakes happen. just a question of what is the best way.yurimon
- noone would grant loans/impossible to take loans, complete industry paralysisdrgs
- drgs, maybe you are right, then again - interest is not necessarily the sole reason for investment, and investors still have opportunity to gain w/o interestbliznutty
- thanks for the input yuri. i will check out that book, i've already read 'a creature from jeckyll island', which led me to these solutions i suggestbliznutty