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Politics : Ask Michael Burke

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To: Dennis O'Bell who wrote (85857)	11/24/2000 5:06:00 PM
From: Freedom Fighter	of 132070

Dennis, >>how much is it with respect to the numerous other rather "socialist" expenses, such as farm subsidies and the like?<< I don't know if we can measure it because most of it comes in the form of inflation of the money supply via the Fed. The IMF amount is can be measured, but I don't know the numbers off hand. It's many many billions though. Just a note - I'm against farm subsidies too. >I really don't think it's clear which is the lesser evil, letting a failure like S&L risk destabilizing the whole economy...<< For me the key is reforming the monetary system. If we did, we wouldn't have had any of the excesses that were large enough to totally blow away the system. At least that's the way I see it.

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