American Presidential Politics and foreign affairs Message Board

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Politics : American Presidential Politics and foreign affairs

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To: Peter Dierks who wrote (26189)	2/18/2008 5:12:45 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

Capitalism is NOT a 'zero sum game'! Yes --- in most any given trade with two sides or more, there are clear winners and clear losers... but as a WHOLE the free flow of Capital creates far more wealth in societies then is ever possible when the heavy bureaucratic hand of central government tries to CONTROL the flow of capital by regulation (or, indeed, as in this particular example, by the government's active intervening in the markets in an attempt to maintain an artificial currency peg). I am very surprised to see you espouse a big government, Socialistic, command-economy line! (The only avoidable 'expense' the English people experienced was at the hands of their own government trying to hold a Socialistic line in the world's capital markets, with respect to their currency's exchange rates!)

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