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Recent content by bwv

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    Economy US National Debt from the perspective of a US retail investor

    As the US can always issue more dollars, default is less of a risk than inflation. the value of the debt comes from the same source as the value of the currency - the perceived ability of the sovereign to service the debt with future taxes - if bond holders lose confidence in this due to some...
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    Hi

    Wandered over from PF, just an aging white boring middle of the road classical liberal
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    Forgot a key liberal value: Property rights and free markets

    Property rights and free markets Cant have a functioning liberal democracy without them Also cant argue with socialists anymore than you can argue with fascists or maga cultists https://www.un.org/en/about-us/universal-declaration-of-human-rights Article 17 Everyone has the right to own...
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