Comments on: Burden of Debt and Loss http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html Because everything has a reason! Sat, 14 Jan 2012 17:52:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mixed Economy or Interventionism | Reason for Liberty http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2775 Mixed Economy or Interventionism | Reason for Liberty Sat, 24 Oct 2009 14:40:26 +0000 http://www.reasonforliberty.com/?p=3080#comment-2775 [...] standard of living of the common man than private initiative and free market. Footnotes:Burden of debt and loss, Reason for Liberty [↩] [↩]Population, Poverty and production, Reason for Liberty [...] [...] standard of living of the common man than private initiative and free market. Footnotes:Burden of debt and loss, Reason for Liberty [↩] [↩]Population, Poverty and production, Reason for Liberty [...]

]]> By: Rathesh http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2188 Rathesh Sat, 21 Feb 2009 08:00:42 +0000 http://www.reasonforliberty.com/?p=3080#comment-2188 I have gone through the link included in your comment. I know that government regulation in India & China for several decades was the most important factor which was preventing both the countries from making any reasonable progress. But in a scenario when most of the banks are facing huge difficulties stimulus package will help them to regain some amount of stability which in turn will help them to help out other industries. I am a software engineer so my ideas are general observations which are not very bright from an economics point of view. But I have one doubt which is really confusing this is regarding Alan Greenspan policies for the last decade. By all means he was ensuring that market are totally liberalised everything was based on demand & supply but still something went horribly wrong . 'Is it like a perfect poker game designed which ensures a victory but it rarely happened the same way in real life as the game expected all the players to play the game in the most rational way which never happened 'so my question is what is the main reason from an economic system point of view which is the main cause behind this worldwide recession. I have gone through the link included in your comment. I know that government regulation in India & China for several decades was the most important factor which was preventing both the countries from making any reasonable progress. But in a scenario when most of the banks are facing huge difficulties stimulus package will help them to regain some amount of stability which in turn will help them to help out other industries. I am a software engineer so my ideas are general observations which are not very bright from an economics point of view. But I have one doubt which is really confusing this is regarding Alan Greenspan policies for the last decade. By all means he was ensuring that market are totally liberalised everything was based on demand & supply but still something went horribly wrong . ‘Is it like a perfect poker game designed which ensures a victory but it rarely happened the same way in real life as the game expected all the players to play the game in the most rational way which never happened ‘so my question is what is the main reason from an economic system point of view which is the main cause behind this worldwide recession.

]]> By: Unpretentious Diva http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2190 Unpretentious Diva Fri, 20 Feb 2009 19:28:54 +0000 http://www.reasonforliberty.com/?p=3080#comment-2190 <blockquote>In absence of money they will stop functioning and than the ripple effect will be felt by so many entites who might be just punished for breathing in same ecosystem.</blockquote> Currency is not responsible for any functioning of production system. Infact currency holds little worth in valuation. And nobody is trying to prove anything, things are being proved by themselves as time is showing off. Yet it is true that the foolhardy Keynesian steps taken by government and RBI which you are supporting or trying to support, will cause ripple effects. They will cause further increase in the tenure of crisis, the crisis which was caused by similar foolhardy steps by government and RBI. One more thing, the non-productive-activities you are trying to support here are the cause of all problems. Until those activities won't be purged out, there is no solution possible. Anyways, read out this to understand why actually such stimulus won't work <a href="http://www.reasonforliberty.com/government/economic-crisis-and-fiscal-stimulus-by-government.html" rel="nofollow"><strong>http://www.reasonforliberty.com/government/economic-crisis-and-fiscal-stimulus-by-government.html</strong></a>

In absence of money they will stop functioning and than the ripple effect will be felt by so many entites who might be just punished for breathing in same ecosystem.

Currency is not responsible for any functioning of production system. Infact currency holds little worth in valuation.
And nobody is trying to prove anything, things are being proved by themselves as time is showing off.
Yet it is true that the foolhardy Keynesian steps taken by government and RBI which you are supporting or trying to support, will cause ripple effects. They will cause further increase in the tenure of crisis, the crisis which was caused by similar foolhardy steps by government and RBI.
One more thing, the non-productive-activities you are trying to support here are the cause of all problems. Until those activities won’t be purged out, there is no solution possible.
Anyways, read out this to understand why actually such stimulus won’t work
http://www.reasonforliberty.com/government/economic-crisis-and-fiscal-stimulus-by-government.html

]]> By: Rathesh http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2189 Rathesh Fri, 20 Feb 2009 18:25:06 +0000 http://www.reasonforliberty.com/?p=3080#comment-2189 Stimulus package are not always harmful as everybody is trying to prove. Most of the banks require good amount of capital for its daily functioning though it may be correct to ask them to help themselves but still failing of financial instiution causes widespread damage. In absence of money they will stop functioning and than the ripple effect will be felt by so many entites who might be just punished for breathing in same ecosystem. Stimulus package are not always harmful as everybody is trying to prove. Most of the banks require good amount of capital for its daily functioning though it may be correct to ask them to help themselves but still failing of financial instiution causes widespread damage. In absence of money they will stop functioning and than the ripple effect will be felt by so many entites who might be just punished for breathing in same ecosystem.

]]> By: Sukrit http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2187 Sukrit Tue, 17 Feb 2009 12:49:44 +0000 http://www.reasonforliberty.com/?p=3080#comment-2187 While the wastage of taxpayer money through "stimulus" packages is an important issue, I personally think it's peanuts compared to the civil liberties and foreign policy issues, which not only waste money but cost thousands of lives. For example, India needs to resolve the domestic terrorism issue once and for all, and that means letting places like Kashmir form their own separate country. For more information on why secession is the libertarian thing to do, see this <a href="http://www.mises.org/store/Product.aspx?ProductId=88" rel="nofollow">book</a> (should also be available free online). Also, my home state of Assam is basically a police-state because of counter-terrorist activities. This needs to change. While the wastage of taxpayer money through “stimulus” packages is an important issue, I personally think it’s peanuts compared to the civil liberties and foreign policy issues, which not only waste money but cost thousands of lives. For example, India needs to resolve the domestic terrorism issue once and for all, and that means letting places like Kashmir form their own separate country. For more information on why secession is the libertarian thing to do, see this book (should also be available free online). Also, my home state of Assam is basically a police-state because of counter-terrorist activities. This needs to change.

]]> By: Amitabh http://www.reasonforliberty.com/current-affairs/burden-of-debt-and-loss.html#comment-2186 Amitabh Tue, 17 Feb 2009 03:28:47 +0000 http://www.reasonforliberty.com/?p=3080#comment-2186 I have spent the past 15 minutes browsing your blog. Excellent selection of topics. Intense views and great writing skills. Please keep blogging. I have spent the past 15 minutes browsing your blog. Excellent selection of topics. Intense views and great writing skills. Please keep blogging.

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