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Search: Posts Made By: Taciturn
Forum: Politics 06-23-2007, 09:04 PM
Replies: 12
Views: 79
Posted By Taciturn
Re: Federal Reserve

My understanding of this isn't very clear.

How is the amount that the Fed returns to the treasury calculated? The Fed can sell the bonds it has obtained with newly created money to other parties...
Forum: Politics 06-16-2007, 05:57 PM
Replies: 1,270
Views: 25,254
Posted By Taciturn
Re: ***Official Ron Paul video thread***

Ron Paul Question and Answer session in Kansas City 6/15(?)
http://video.google.com/videoplay?docid=-7497009651976207590&hl=en

On Tucker Carlson 6/14...
Forum: Politics 06-12-2007, 09:45 PM
Replies: 58
Views: 236
Posted By Taciturn
Re: an argument against the gold standard

Treasury bonds and other securities are taken into account when a bank calculates its deposits/assets, and calculates how much it can loan, right? So, when the Fed reduces the money supply by...
Forum: Science, Math, and Philosophy 06-12-2007, 04:33 PM
Replies: 45
Views: 581
Posted By Taciturn
Re: Is vengeance legitimate?

Is vengeful killing justified (or partially justified) when the judicial/legal system will not punish or bring to justice the initial wrongdoer?

Let's assume that the initial wrongdoer is likely...
Forum: Politics 06-10-2007, 08:54 PM
Replies: 58
Views: 236
Posted By Taciturn
Re: an argument against the gold standard

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and to increase the money supply the Fed BUYS debt from the public, ie retires debt. it doesnt increase debt.

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I really don't understand how it's like that. When they...
Forum: Politics 05-29-2007, 01:35 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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In my example the government already had the gold, it just hadnt issued the paper money in that quantity. It might have acquired that gold by its own mining...
Forum: Politics 05-29-2007, 01:04 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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In my example the government already had the gold, it just hadnt issued the paper money in that quantity. It might have acquired that gold by its own mining operations, by conquest...
Forum: Politics 05-28-2007, 03:32 AM
Replies: 34
Views: 143
Posted By Taciturn
Re: Capital Punishment

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Are the appeals more costly than the costs of food, clothing, housing, etc, that must be provided to the future inmate? (I am not trying to make a point here, I'm just curious)

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Forum: Politics 05-28-2007, 03:08 AM
Replies: 1,270
Views: 25,254
Posted By Taciturn
Re: ***Official Ron Paul video thread***

CNN interview on 5/27:

http://youtube.com/watch?v=zex8uW_9pqo
Forum: Politics 05-28-2007, 01:57 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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-- Is this what primarily makes up our national debt? (Treasury bonds acquired by the Fed, and possibly passed on to other parties). If it is, what are the consequences of...
Forum: Politics 05-28-2007, 01:22 AM
Replies: 34
Views: 143
Posted By Taciturn
Re: Capital Punishment

I tend to prefer deterrence as justification for criminal punishment more than retribution as justification. Though, I guess they aren't mutually exclusive.

There are some good points in the...
Forum: Politics 05-28-2007, 12:54 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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The Fed may or may not be getting something for nothing. As long as the money printed doesnt exceed the governments ability to tax and cover that money, there is no free ride, they are...
Forum: Politics 05-27-2007, 11:14 PM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

My understanding so far: new money enters circulation via the Fed purchasing Treasury bonds - these Treasury bonds become property of the Fed even though the Fed gave no real consideration in...
Forum: Politics 05-27-2007, 05:40 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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Maybe my question is basic or dumb: since the Fed creates money, what, if anything, do they give up for the Treasury bonds? From your answer, and other things, it seems as if...
Forum: Politics 05-27-2007, 04:09 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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I've been trying to get a better understanding of this myself.

What are the specifics of the transfer of money from the FED to the US gov't? Is this...
Forum: Politics 05-27-2007, 03:30 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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I've been trying to get a better understanding of this myself.

What are the specifics of the transfer of money from the FED to the US gov't? Is this what open market...
Forum: Politics 05-27-2007, 01:56 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

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I've been trying to get a better understanding of this myself.

What are the specifics of the transfer of money from the FED to the US gov't? Is this what open market...
Forum: Politics 05-27-2007, 12:46 AM
Replies: 88
Views: 301
Posted By Taciturn
Re: Could Someone Please Explain the Money Supply?

I've been trying to get a better understanding of this myself.

What are the specifics of the transfer of money from the FED to the US gov't? Is this what open market operations are? As I...
Forum: Politics 05-21-2007, 11:05 PM
Replies: 35
Views: 411
Posted By Taciturn
Re: Ron Paul Surging Online

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I'm not a huge fan of Ron Paul (other than a deep respect for libertarianism and his pro-rights stance) but this is awesome. The simple fact that someone that has no...
Forum: Politics 05-19-2007, 01:42 AM
Replies: 31
Views: 145
Posted By Taciturn
Re: How would an AC society not be worse off without antitrust law?

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Frequently, in this forum, the government is compared to a business. How would the business alliance that has the majority of mercenaries and military equipment be any...
Forum: Politics 05-19-2007, 12:32 AM
Replies: 31
Views: 145
Posted By Taciturn
Re: How would an AC society not be worse off without antitrust law?

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My intuition about the consolidation of businesses and power in anarchy is based more on human nature and desire for power than on current business theory. In AC land, isn't...
Forum: Politics 05-19-2007, 12:20 AM
Replies: 31
Views: 145
Posted By Taciturn
Re: How would an AC society not be worse off without antitrust law?

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I suppose, if I could start this thread over again, I would not put the focus on antitrust law, and certainly not present it this way. The problem I have with ACism (which may...
Forum: Politics 05-19-2007, 12:13 AM
Replies: 31
Views: 145
Posted By Taciturn
Re: How would an AC society not be worse off without antitrust law?

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My point, I think, is that a true anarchy is not possible when one makes a few basic and realistic assumptions about human nature and economics. The freest society...
Forum: Politics 05-18-2007, 02:09 AM
Replies: 707
Views: 2,691
Posted By Taciturn
Re: Reactions to AC

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I love this hypothetical. It's even better than the "coke and pepsi battling it out in the streets" hypothetical.

What prevents this? Who's going to *pay* for it? Bill Gates is...
Forum: Politics 05-17-2007, 10:45 PM
Replies: 216
Views: 623
Posted By Taciturn
Re: The justification for government

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How are you comparing utility across people?
Showing results 1 to 25 of 95

 
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