gwright

151 ms·

1. 1591.▲
   by gwright 16y ago

   * The government buying it back (by paying down the debt) takes that quasi-cash out of circulation, deflating the money supply. * We aren't talking about paying down the debt. We are talking about borrowing less money this month than we di
2. 1592.▲
   by gwright 16y ago

   If private investors purchase $100 billion in US bonds, that is $100 billion in cash that is not available to be invested elsewhere (i.e. in the private sector). When government borrowing goes down the cash flows to other investments it doe
3. 1593.▲
   by gwright 16y ago

   I'm not sure how you could ever manage to make $100 billion in government borrowing or spending not 'political'. If you reduce government borrowing by $100 billion that frees up $100 billion for use by the private sector. Quite a few people
4. 1594.▲
   by gwright 16y ago

   I'm usually impressed by the discussion on Hacker News but the amount of ignorance about the nature of the 1st Amendment and the difference between government and private actions in this discussion is disheartening. The US 1st Amendment is
5. 1595.▲
   by gwright 17y ago

   Huh? The hypothetical was about religion not about economic systems and/or government/social structures. So you've basically changed the subject as opposed to responding to the comment. It isn't really possible to respond in any substantial
6. 1596.▲
   by gwright 17y ago

   I'll bet the 200% tax on car purchases helps to encourage bike commuting: < http://wallstreetpit.com/12684-denmarks-200-pecent-car-tax-c... ;