john nannemann
UKC Forum Member
Registered: May 2008
Location: southcentral arkansas
Posts: 1581 |
rob, i know you know, and i know you know i know.
the ROOT is the roots of the socialist/redistributionist STATE. minimum "wage" laws, the beginning of the social engineering monkeyshine, is the destruction of the monetary base in an arbitrary fashion. a "solid" monetary system cannot EVER exist when the basic unit of "value", the actual production of one man's labor hour, is arbitrarily set. all pricing and estimates of value then become TOTALLY subjective, sending distortions throughout the ENTIRE system, further serving to deteriorate the monetary system. the gold standard was constraining and imperfect, but when you know 21 dollars= 1oz gold a simple division could be done to get an average "man hours to dig up 1oz", hence come up with a "natural" value base of man labor per hour, and a solid foundation to base the value of everything else to. FDR, the father of federalized communism, took the u.s. off the historical standard, made it illegal to own gold, and then ARBITRARILY(and i mean personally arbitrarily) set daily the gold/dollar exchange rate, at the same time manipulating wage and price of goods and services. sound familiar??? it is the ULTIMATE ENEMY of FREEDOM and LIBERTY loving men. it(the gold standard) also tended to be somewhat deflationary, something most governments have historically disliked due to the desire to inflate away their obligations, and also strongly disliked for the deflationary reason by large bankers trying to have steady inflation of the underlying assets to the loans. i know the problem, i know where it originates, what i am unsure of is what the cure is at this point and if there even is one. i'm thinking i might try the tin foil hat, get the alien rays and the communist thought, all in one whack. honestly, it's serious business, but what can a SERF do?
historically, many "new" societies are born of monetary chicanery.
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