Post
Topic
Board Speculation
Re: [poll] - The U.S. Dollar Collapse Is Accelerating
by
Qoheleth
on 30/01/2013, 19:29:12 UTC
Yes, all government does is waste capital because it has no pricing mechanism to perform economic calculation like the market that arises from voluntary human action.
Come now. It's totally possible to have a government that spends money without totally invalidating its nation's markets. If the US doesn't have a pricing mechanism, who's telling the grocery store how much to charge for my peanut butter?

The economic calculation problem is the wogly in command economies, not all government spending everywhere.