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Politics : Ask Michael Burke

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To: Tommaso who wrote (76919)	3/3/2000 9:43:00 AM
From: Mike M2	Read Replies (1) of 132070

tommasso, back in the 1920s Ludwig von Mises predicted that the Soviet economy would collapse because there was no price mechanism. Austrian economics is based upon sound principles while the FIAT money game and its supporting economists seem to think that debt can expand without limits and without consequences. If Mises were alive today I think he would agree that a most severe dose of TL & EV is unavoidable. mike ho ho ho

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