Tracy 
MBTI: ENFP
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Posts:6
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| 02 Oct 2010 10:16 PM |
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I wish we had Ron Paul in Canada!
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ENFPGuy
MBTI: ENFP-Type 7
Age/Sex: M/30/Europe (from Dallas)
Relationship: Married to awesome INTJ
IM: Lordxred - (aol)
ENFP Tribe Leader Super Admin sbalbom
Administrator
Posts:438
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| 06 Oct 2010 12:31 PM |
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Great video here attacking the efficiency and epistemic problem of central planning. |
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Whatever is done for love always occurs beyond good and evil. |
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Rogarn
MBTI: INTJ
Age/Sex: M 19
Relationship: banned from loving
IM: shadowspirit1234
Earl
Posts:1796
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| 06 Oct 2010 04:18 PM |
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I love all these videos ENFP guy. These economists are amazing. If you look at the American government today, almost every single economist will cry out against what is being done because it goes against the very principles talked about in these videos. Every economist can see, that a free enterprise society is what provides the best oportunity for growth. It is GREED that makes a system grow. If you cant profit from your own work, why work? This is the principle of economics. This is why socialism fails. |
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zvezdar
MBTI: ENFP
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Novice Member
Posts:103
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| 06 Oct 2010 05:34 PM |
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rogarn, thats not really true. Most economists are keynsians and back what the govt is doing. The ones that are against it are still considered 'fringe'. Krugman is a good example, he doesnt believe the govt has done enough and needs to intervene more!
I have an economics degree and before i could understand what has been happening during this crisis period i had to unlearn most of what i learned in university. The 'mainstream' economists are not equipped to understand the real effects of govt policy and intervention because they are stuck in models that bear no resemblance to reality.
It all starts with "lets assume rational and efficient markets that have full information" which do not exist in a world of govt intervention. The models that flow from this will then ignore the actual effects of govt intervention. |
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Rogarn
MBTI: INTJ
Age/Sex: M 19
Relationship: banned from loving
IM: shadowspirit1234
Earl
Posts:1796
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| 06 Oct 2010 05:42 PM |
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The only thing you assume about the market is that it will 1. balance itself when allowed to and 2. everyone works for the own self interest |
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Mobocracy
MBTI: ENfP
Age/Sex: 28 Male
Relationship: Single
IM:
Novice Member
Posts:68
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| 06 Oct 2010 06:33 PM |
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I was a registered Libertarian for a while until recently - Libertarians are a little to unrealistic for me. So now, I am an independent, non-affiliated, although I really cant stand the "Christian Conservative" or the "Socialist Democrat".
Ideally, I believe in small government which main role would be infrastructure and defense, let the market handle what it can and will. |
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Mobocracy
MBTI: ENfP
Age/Sex: 28 Male
Relationship: Single
IM:
Novice Member
Posts:68
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| 06 Oct 2010 06:38 PM |
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Posted By Cuddles McKitten on 06 Dec 2009 06:50 AM
I'm utterly amazed that so many of you guys are libertarian-leaning. I would suspect that's more of the biased sample (internet people) rather than ENFPs just naturally being wise, wonderfully correct people, but it's certainly encouraging for me. I would've guessed that socially liberal/fiscally conservative people in the US were mostly NTs with an independent streak; you guys may have shattered my hypothesis.
Duh! We ENFPs ARE wonderfully correct people, that is our signature strength  , we also love our freedom to pursue adventure... government seems to stifle that. We also are turned off by most "structure" and government is the most suffocating structure out there....
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Rogarn
MBTI: INTJ
Age/Sex: M 19
Relationship: banned from loving
IM: shadowspirit1234
Earl
Posts:1796
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| 06 Oct 2010 06:47 PM |
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Ideally, I believe in small government which main role would be infrastructure and defense, let the market handle what it can and will. im pretty close to that. I think the government needs a small(STRESS!!) role in the economy. Protect people from getting completely taken advantage of by scammers and other such evil doers. |
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ENFPGuy
MBTI: ENFP-Type 7
Age/Sex: M/30/Europe (from Dallas)
Relationship: Married to awesome INTJ
IM: Lordxred - (aol)
ENFP Tribe Leader Super Admin sbalbom
Administrator
Posts:438
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| 06 Oct 2010 10:52 PM |
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I love all these videos ENFP guy. These economists are amazing. If you look at the American government today, almost every single economist will cry out against what is being done because it goes against the very principles talked about in these videos. Every economist can see, that a free enterprise society is what provides the best oportunity for growth. It is GREED that makes a system grow. If you cant profit from your own work, why work? This is the principle of economics. This is why socialism fails. @Rogarn, I`m glad you found them intellectually stimulating. Milton Freedman is a great place to start. He presents great and easy to understand arguments for individual liberty and self determination. Please feel free to watch more of his videos and let me know some points that you like. I think you will love this website. I don`t think it is above your head: http://mises.org/ @zev, I also work in finance. It makes me sick seeing the unintended consequences of Fed policy and fractional reserve banking. Today I can`t believe that we have institutionalized such a risky business model. |
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Whatever is done for love always occurs beyond good and evil. |
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ENFPGuy
MBTI: ENFP-Type 7
Age/Sex: M/30/Europe (from Dallas)
Relationship: Married to awesome INTJ
IM: Lordxred - (aol)
ENFP Tribe Leader Super Admin sbalbom
Administrator
Posts:438
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| 07 Oct 2010 01:15 PM |
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Whatever is done for love always occurs beyond good and evil. |
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zvezdar
MBTI: ENFP
Age/Sex:
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IM:
Novice Member
Posts:103
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| 07 Oct 2010 05:37 PM |
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ENFPguy: the systemic risk is only gonna get worse too. Basel III will mandate that banks hold a large amount of their liquid assets in govt securities. Insurance regulations like Solvency II will require the same of insurers. So we'll have a situation where the biggest financial corporations will rely on bond prices remaining high in order to satisfy liquidity rules. Bonds fall, the whole system is in crisis again, but at the same time govt's can fund huge deficits by manipulating the bond markets because banks will HAVE to buy the bonds if they want to grow.
Brilliant isnt it? Fractional reserve on life support... |
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ENFPGuy
MBTI: ENFP-Type 7
Age/Sex: M/30/Europe (from Dallas)
Relationship: Married to awesome INTJ
IM: Lordxred - (aol)
ENFP Tribe Leader Super Admin sbalbom
Administrator
Posts:438
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| 07 Oct 2010 06:09 PM |
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ENFPguy: the systemic risk is only gonna get worse too. Basel III will mandate that banks hold a large amount of their liquid assets in govt securities. Insurance regulations like Solvency II will require the same of insurers. So we'll have a situation where the biggest financial corporations will rely on bond prices remaining high in order to satisfy liquidity rules. Bonds fall, the whole system is in crisis again, but at the same time govt's can fund huge deficits by manipulating the bond markets because banks will HAVE to buy the bonds if they want to grow. Just what I was afraid of. We wont be able to restructure, Just cut benefits and have inflation. Who else is buying GLD???? GLD fucking $5000! Brilliant isnt it? Fractional reserve on life support... God bless the stooges.... |
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Whatever is done for love always occurs beyond good and evil. |
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LightSpider
MBTI: ENFP
Age/Sex: 21/M
Relationship:
IM:
Posts:10
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kurtistheturtle
MBTI: ENFP
Age/Sex: 20/M
Relationship: I've got a gal
IM:
Posts:69
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| 27 Nov 2010 07:34 AM |
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independent: conservative fiscal approach, democratic values, millitantly atheistic |
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Stripes
MBTI: intj
Age/Sex: M
Relationship:
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Senior Editor
Posts:404
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| 27 Nov 2010 08:22 AM |
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Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong.
-Richard Armour
and in the end
The Golden Rule: He who has the gold makes the rules.
– Unknown |
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| When all else fails, improvise! |
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