CURIOUS THOUGHT: What Happens If We?……. So, lets say that tomorrow, all prop

CURIOUS THOUGHT: What Happens If We?…….

So, lets say that tomorrow, all property rights violations by corporations were immediately open to suit by any individual, albeit under loser-pays. What difference would there really be?

I am not sure that there would be much really.

Now, lets say one month later, all special privileges for all businesses and collective bargaining groups disappeared: all barriers to competition etc. How would the world be any different?

I think that there would be a bit of difference.

Now, lets say that one month later, all consumer credit (not producer credit) was provided directly from the treasury, at minimum interest, to individuals by credit card, bypassing the banks.

I think there would be a lot of difference. Mostly because the financial system would be cut out of the distribution of liquidity.

Now,let’s say, that one month later, instead of lowering interest rates, the treasury just distributed money directly to those consumer credit cards. What would change?

I think the change would be radical. And most of it for the good.

Particularly since no one would tolerate a single immigrant who was a non producer.

Interesting.


Source date (UTC): 2014-07-29 13:41:00 UTC

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