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All of this can also be a part of my perception of the Global Street. It really is one of several places in order to meet, recognize one, strategize, and stay witnesses to historical processes, including small, specific initiatives of powerful actors which will have unwanted effects on some social sectors. That's not me making the argument that it is actually a historic beats studio gold quest international vanguard.

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  1. December 12, 2013 at 3:05 pm

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  2. December 12, 2013 at 3:18 pm

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    • F. Beard
      December 12, 2013 at 3:44 pm

      This isn't meant to excuse deficits, youtube

      Deficits by the monetary sovereign should be monster beats forum saradas fitness the norm, not the exception. Otoh, fiat should only be legal tender* for government debts, not private ones. That should optimize the fiat creation rate since if the monetary monster beats forum saradas fitness sovereign overspends relative to taxation and the real beats studio gold quest international growth rate then only the monetary sovereign and its payees should suffer; i.e. the stealth inflation tax is abolished. beats studio gold quest international

      *But voluntarily useable for private debts too.

  3. December 12, 2013 at 3:22 pm

    I put the "not" in the wrong place. I meant to say that a deficit in the public sector is defined as "going into debt" while a deficit in the household sector is defined as "not paying debt obligations when the payments come due" .

  4. F. Beard
    December 12, 2013 at 3:23 pm

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    The separation of State and private money creation was implied nearly 2000 years in Matthew 22:16-22 ("Render to Caesar..." ). It's too bad we have not yet learned that lesson or if we ever knew it to have forgotten it. Such is the price of Biblical ignorance beats studio gold quest international.

  5. December 14, 2013 at 7:03 pm

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  6. December 20, 2013 at 1:27 am

    Awesome article!

    One could further emphasise money as flow vs.beats studio laptop encryption money as quantity. Private wealth is largely concerned about accumulating money as quantity, an inherently unstable or "energy condensing" pursuit. The stock market values companies according to their ability to push money uphill to investors monster beats red 06 dodge and out of the real economy.

    Real people act according to money as flow. We work contently when money flows in our direction and become distressed when disconnected beats by dre black and yellow solo hd from the flow. Our macro problems are largely due to broken circuits of money flow, also known as corporations and assets, and monetary easing is a poor substitute for this broken surplus recycling.

    The sooner economics becomes a science of graphs and flow, instead of scalar aggregates, the more relevant and useful it will be beats studio gold quest international.




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