tag:blogger.com,1999:blog-328187388919034177.post4169696171247973859..comments2022-03-29T15:25:50.802-07:00Comments on HoltesThoughts: Balancing Budgets As Financial Warfare on Ordinary PeopleChris Holtehttp://www.blogger.com/profile/01776805168003457665noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-328187388919034177.post-2266528234401659532016-12-07T07:25:19.914-08:002016-12-07T07:25:19.914-08:00Unfortunately, reform of the financial system is s...Unfortunately, reform of the financial system is something of vital importance to the survival of 99% of us in any kind of free and secure state; as our privateering financial system is directly responsible for international insecurity, inequity, conflict and failure to end poverty, feed and clothe the masses or even modernize rationally.Chris Holtehttps://www.blogger.com/profile/01776805168003457665noreply@blogger.comtag:blogger.com,1999:blog-328187388919034177.post-9594663590554538242016-12-02T09:18:33.873-08:002016-12-02T09:18:33.873-08:00One reason I keep writing about the principles of ...One reason I keep writing about the principles of Subsidiarity, is that the macro-economic is an aggregate of the micro-economic, and macro economics like control of the money supply are a direct input into the health of local government.<br />Chris Holtehttps://www.blogger.com/profile/01776805168003457665noreply@blogger.comtag:blogger.com,1999:blog-328187388919034177.post-76630823398746520452016-11-30T02:01:44.817-08:002016-11-30T02:01:44.817-08:00Interesting post---looks good but i just skimmed i...Interesting post---looks good but i just skimmed it. One thing funny since you sort of equate Stalin and Hayek is that Haye's 'road to serfdom' i took as an explicit attack on stalinism, etc. So one could say one was a good cop, and the other a bad cop (depending on whether you were russian or american). <br /><br />To me control of the financial system is so far removed from my life i have mostly ignored it. I sortuh see the heads of the Fed---Rivlin, Greenspan --as having thier hands on a thermostat---changing the temperature is changing the interest rate. <br /><br />I was more interested in money supplies locally based and created--timebanks, alterntive currencies, sharing/gift economies, bitcoins/blockchain (which i dont really understand) and such---though none of these work for me in my area. <br /><br />I guess if one has an academic job like Randell Wray or Stiglitz, or a writing contract, or journalism job, etc one can think about reform of financial system. I could too as 'an indepndent scholar' but while i do some of that its more in microeconomics, econophysics, and complexity theory. Anonymousnoreply@blogger.com