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No Government, No Force

Tag: Fannie

Hyperinflation:Last Gasp of a Doomed Currency

Rather than solving the problems, the government’s bailouts merely confirm my worst fears, and increase the chances for a hyper-inflationary outcome. By nationalizing Freddie and Fannie, the government has merely delayed the crisis. The borrowed time will cost us dearly, as the day of reckoning will now likely involve much steeper losses. This was the […]

Freddie & Fanny — Don’t bail them out!

Mark Thornton explains that a bailout/nationalization will only make the problem worse, and even bring on Depression. The only reason answer, consistent with justice and good economics, is a full liquidation of Freddie and Fannie. … and all the others that are going under in coming weeks…! Striker:  Collapse began months before this, but this […]

The American Empire is Another Bubble

The situation is actually significantly worse than the mere bailout of Fannie, Freddie, and the FDIC would suggest. For the last sixty years, the United States has provided military protection for the European and Asian capitalist powers, all possessing economies governed by regulatory apparatuses analogous in character to the apparatuses of the Am read more […]

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