New Political Party - Expression of interest

Wrong, you can rip people off and then just move on to the next victim, happens all the time and people do very well out of it. Everyone - well most people knows of examples.

VW fudging test results, they will not go broke and will continue. Ripping off the eldery, aboriginals etc. The free market encourages it, Peter Foster is a good example.

https://www.accc.gov.au/media-relea...igenous-communities-to-sell-goods-or-services.

Look at what happened in the Libertarian community in Chile, they had no regulation paid in cash and PMs and they all lost their shirts and they will never get the cash back...... why? No regulation, paid in PMs and cash.

I think it was halarious how all the Libbertarians got taken for a ride and some lost their life savings and as a bonus it showed exactly what happens in a Libertarian society. It never even got off the ground before it imploded.

 

I keep mentioning Chile because Libertarian Nirvana land you speak of has never existed anywhere in the world. The only example I can find is Chile and them all being Libertarians you would think it should have at least become established before it imploded. All the examples you gave and all the principles you speak of were proven wrong in a very short period of time in spectacular fashion. They are still in court and it is costingbthem hundreds of thousands and they are getting nowhere and if they do have success in the courts they are not going to get there money back.

Yes people will still get ripped off in a regulated market but it will be to a much lesser of a degree.

 

Might be to hard to do with all the rules and regulations, maybe you should move to Chile I hear there is some cheap land being sold and it is in a Libertarian community. Dirt cheap and you get a discount for cash or PMs.

 

It ia rife in Libertarian societies, did I tell you about Chile - glowing example of what happens in a libertarian society. Luckily we live in Australia and regulations prevent a lot of businesses from ripping people off.

https://www.accc.gov.au/media-relea...igenous-communities-to-sell-goods-or-services

 

Yes Padawan, it is I, let go of your hate for your fellow man, return from the dark side.

Financial repression is how the act has come to be known - in your words 'how wealth is destroyed by inflation and how the government has planned this destruction'. Wealth transfer not destruction is more accurate. Wealth transfer from ordinary savers to the powerful. Plan of the govt - they are not that smart, rather the plan designed by the puppeteers of the govt - the oligarchy.
The author of the series is a US based accountant.

There is a design and implementation of wealth transfer that is at the heart of the ruling oligarch corporations. There is nothing free nor fair about the world economy. It is not merely the advantages of corporations that need to be kept in check. We need something other than GDP measures as an objective, rather we the people need something that takes into account the goals of a community. Quality of life and sharing in earned standards of living, the legacy built over generations. All taken away by anyone able to print 'cheap' money and charge interest on something created out of nothing, and corporations demanding excessive immigration for cheap labour to help their GDP measure yet doing nothing to maintain quality of life for citizens. It takes a dark soul to defend and propagate the lie.

 

The slur 'folk' economics I give the contempt it deserves, as with all public relation 'straw man' exercises that corporations spew through the media. We exchange trade tariffs for currency wars, send factories overseas and they demand cheaper labour through excessive immigration for the gutted businesses (or should I call them outlets) that remain resulting in hospital services etc etc etc declining. Take away all of this national treason by corporations what would the average worker/sole trader be left with? Higher wages and a better quality of life and standard of living that would rise as a % of GDP when compared to the income of the wealthy. The Anzacs didn't fight for a corporate takeover of our nation. Legacy of generations have been stolen from under us. Look at what the youngest generation now faces in trying to start a family. Only a cold dark soul can't see beyond their own selfishness - which is the corporate way.

Yes continue.

 

I think we are in vigorous agreement about the immoral, financial repression and wealth transfer effects of government mandated fiat currencies in the presence of central banks. That is a completely different thing to the free market economics shiney's discussing.

 

Is it? Some predators in the jungle are stronger than its prey. Freemarkets is where the law of the jungle rules. Unfortunately the dream of free markets is like letting your kids into a zoo without any cages. One way or another dominance in a 'free' market will result whereby that market is no longer in a state of being free. The killer of free markets is free markets when sharing the land with corporate giants. For example who decides to allocate capital to whom - is pure power allocation, the kingmakers in the jungle. Corporates favour one another through deals and we are back to an oligarchy again.

I have put forward some policy ideas to seek freer markets with fairness scales balanced back more equally towards citizens.

I have already discussed how a local food business will be destroyed by open 'free market' borders above.
Our nation cannot impose your system on other nations, so even if you changed our system - Australia's wealth will be ravaged by external non-players of our 'freedoms'.

So in practical terms if we agree that the present system is immoral, what policies are available to us to right this wrong against citizens?

 

You raise one very good point, no matter what system you have other countries may not play how you want them to. They can impose tarrifs etc.

 

I cited this data? You cited the GDP data, then accuse me of not answering your senseless arguments, and when I was answering a direct question, you now turn the content of a direct answer with your GDP quote to boost your position? You have taken your rhetoric to a new low. You comb my posts for any possible flaw to divert attention away from central issues.


But let me humour your ego, rising GDP in a nation ought to reflect rising wealth, however the measure has many flaws.

GDP is like a speedometer: it tells you whether your economy is going faster or slower. As in cars, a speedometer is useful but doesn't tell you everything you want to know. For example, it won't tell you whether you are overheating, or about to run out of fuel... It is, of course, entirely possible for an economy to go faster and faster without getting closer to meeting these goals indeed, while heading in the opposite direction.
https://www.weforum.org/agenda/2016/04/five-measures-of-growth-that-are-better-than-gdp/

 

Here are some central issues in bold.

And for the fourth time.