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October 12, 2011
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:iconblamethe1st:
The pamphlet version of my Top 10 Economic Myths—Busted! essay.

Click here to download the PDF file. Requires an inkjet printer to print. For printing instruction, check your printer’s instruction manual.

Feel free to print a few copies and share them with others. Offer them to family, friends, and colleagues—especially those with socialist or Keynesian tendencies. Leave them in public places such as restrooms, gas stations, restaurants, hotels, or wherever. If you’re able, pass them out to protesters at your local Occupy Wall Street protest. Remember, the more people we can inform and the more minds we can change, the sooner we can fix the economy with real solutions, and a better place the world will be
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:iconmezkitsu:
*MezKitsu Mar 30, 2012  Student General Artist
I think you're looking in the wrong place. Everyone keeps arguing over the political and economic structure, but fails to look at the source of the problem. Your currency is fiat, it's not backed on anything other than a promise to pay, this means that debt and inflation WILL happen, and there is nothing you can do to stop it. Even if you back money on gold and silver, while this fixes debt and inflation, you are then restricted by the availability of gold and silver. Currency is a problem that is very difficult to make right.
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:iconblamethe1st:
~BlameThe1st Apr 1, 2012  Hobbyist General Artist
Indeed. That is the main crux of our current economic problems. Why are gas prices high? Why are so many students straddled with debt? Why are there so few jobs? Why have banks foreclosed on their mortgages? Simple: our dollar has been devalued. The less it’s worth, the more you have to pay for things. We need to fix our money, and that involves fixing the Fed (or rather, ending it!)

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Fluttershy Is Cute. Your Arguement Is Invalid.
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:iconmezkitsu:
*MezKitsu Apr 1, 2012  Student General Artist
The problem is how to fix money. Money has to be worth something, and what do you base it on? Everytime you trade with another country you create debt and inflation unless the transaction is 50/50 exactly (which would be extremely hard to regulate and impracticable). The issue of money is extremely difficult to work with. Your federal reserve is not a very good system, I agree.
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:icontitanicfan1000:
Oh, this would be perfect to give out at occupy wall street along with wearing the shirt with Somalia and Hong Kong.

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Fail Whale FTW!

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:iconblamethe1st:
~BlameThe1st Nov 13, 2011  Hobbyist General Artist
Yeah, right before they maul you! XD

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Fluttershy Is Cute. Your Arguement Is Invalid.
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:iconlordthawkeye:
It's always the same story. People bleat about TEH EVIL deregulation that caused the mess. I ask them simple questions like "Can you name me one regulation that was removed from the books that would have stopped the housing crisis?" and they won't answer. I could threaten them at gun point and they would refuse to answer.

And yet they call me close minded for not taking them at their word. Can you say narcisists?

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Give me the serenity to accept the things I cannot change, the courage the change the things I can't accept and the wisdom to...remember what I'm supposed to have the wisdom to do...
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:iconblamethe1st:
~BlameThe1st Oct 29, 2011  Hobbyist General Artist
Indeed. The pages in the Federal Register keep expanding, and apparently, so does the myth of deregulation.

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Fluttershy Is Cute. Your Arguement Is Invalid.
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:iconlordthawkeye:
Well, there is the odd one who does try to answer. Goes something like this...

Me: So can you name me one regulation that was removed from the books that caused the housing crisis?

Statist: Fannie and Freddie were allowed to create unsustainable bubbles.

Me: Fannie and Freddie are state owned and operated.

Statist: The banks were bailed out

Me: That's not deregulation.

Statist: ...

Me: Besides, I thought your argument was that LACK of state intervention was the problem. Maybe you should ask yourself how you could possibly be so sure that deregulation was the problem if you don't even know WHAT was deregulated.

They usually resort to name calling after that.

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Give me the serenity to accept the things I cannot change, the courage the change the things I can't accept and the wisdom to...remember what I'm supposed to have the wisdom to do...
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:icongryphon2001:
You Won't see these Facts anywhere in the commie/leftist 'mainstream media'...
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:iconblamethe1st:
~BlameThe1st Oct 18, 2011  Hobbyist General Artist
Then again, does anyone really expect facts period from them?

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Fluttershy Is Cute. Your Arguement Is Invalid.
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