But given our historical mistake of not making the state treasury the bank of th

But given our historical mistake of not making the state treasury the bank of the realm, and separating credit to the people, with credit in business and industry, we allowed creation of rents against the people that belong to them in the first place, not to the finance sector.


Source date (UTC): 2019-10-01 17:01:32 UTC

Original post: https://twitter.com/i/web/status/1179078909415104513

Replying to: https://twitter.com/i/web/status/1179078908299403265


IN REPLY TO:

Unknown author

There is precious little evidence that political competition does anything except undermine the nation. And by limiting people to voluntary means of cooperating, we deprive them of pursuit of rents.

Original post: https://x.com/i/web/status/1179078908299403265


IN REPLY TO:

@curtdoolittle

There is precious little evidence that political competition does anything except undermine the nation. And by limiting people to voluntary means of cooperating, we deprive them of pursuit of rents.

Original post: https://x.com/i/web/status/1179078908299403265

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