tag:blogger.com,1999:blog-6427940.post3021377405722118061..comments2023-12-05T07:50:19.855-05:00Comments on No Oil for Pacifists: QOTD@nooil4pacifistshttp://www.blogger.com/profile/16688417615117569825noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6427940.post-24935907835023223282011-09-08T20:51:26.867-04:002011-09-08T20:51:26.867-04:00Wait a minute!
"The German government wants ...Wait a minute!<br /><br />"The German government wants the Greeks to slash the size of their government, but that will also slow economic growth and reduce tax revenues."<br /><br />How does a smaller Greek government slow growth and reduce tax collection?<br /><br />As the author notes, the current "crisis" is really a spending problem at root. For the press to continue to focus on the monentary aspects is to displace the proper focus.Whitehallnoreply@blogger.comtag:blogger.com,1999:blog-6427940.post-75193510788839466032011-09-03T16:51:24.804-04:002011-09-03T16:51:24.804-04:00The printing press does a remarkable job of collec...The printing press does a remarkable job of collecting funds for those "free lunches".<br /><br />One way or another, I suspect that's the technique which will be applied.OBloodyHellhttps://www.blogger.com/profile/09992539380115488567noreply@blogger.comtag:blogger.com,1999:blog-6427940.post-30795770940982034582011-09-03T12:01:02.731-04:002011-09-03T12:01:02.731-04:00"Trapped by an artificially strong currency&q..."Trapped by an artificially strong currency"? Nicht wahr. Es kann nicht sein.<br /><br />I don't buy the limit of the two alternatives: dumb German bankers or crooked Americans.<br /><br />I do buy the conclusion that politicos will have to face reality. Their "free lunches" creation can avoid payments only so long.Anonymousnoreply@blogger.com