computers - developed for 30 years by the government. handed over for free to private sector when profitable
internet - the same
do you know what a principle of free markets is regarding risk and reward?
Did we just lose Target?
- Thread starter Hot Carl
- Start date
internet - the same
do you know what a principle of free markets is regarding risk and reward?
anonymous23456
Well-Known Member
Yes. publicize loss and privatize profits. No one saw the bail out of the Century in
Troubled Asset Relief Program
Thebrownblob
Well-Known Member
What Is a Free Market?
The free market is an economic system based on supply and demand with little or no government control
oldngray
nowhere special
He thinks free market means everything is free
so if the government invests in internet and computers for 30 years each, then the govt should get some profits right, if you believe in markets...
Thebrownblob
Well-Known Member
Who is the government?
Government Did Invent the Internet, But the Market Made It Glorious | Peter G. Klein
Government involvement accounts for the internet's continuing problems, while the market should get the credit for its glories.
Thebrownblob
Well-Known Member
So the government who doesn’t actually have any money, accept what it confiscates from citizens, takes their money and create something and wants to profit off it it, and then what do you get in return?
Thebrownblob
Well-Known Member
So explain to me how the government takes none of the risk, but gets all the reward?. It’s very easy to confiscate money from someone to invest in something and if it doesn’t work, you just take some more.
the government creates money too. i forget why it taxes, maybe to reduce private power.
the govt invested for 30 years, so it gets part of the reward when its profitable.
military specifically.Who is the government?
Government Did Invent the Internet, But the Market Made It Glorious | Peter G. Klein
Government involvement accounts for the internet's continuing problems, while the market should get the credit for its glories.mises.org
anonymous23456
Well-Known Member
Income tax was introduced in 1913. Gold standard was abolished in 1971.
Thebrownblob
Well-Known Member
So in your mind confiscating money from people with no risk involved then investing it means the confiscator should get reward? You don’t get much reward when there’s no risk in the actual free market.
You poor, misguided fool.
The process of getting rid of the gold standard also started in 1913.
Thebrownblob
Well-Known Member
He’s at least somewhat interesting because he does have the right questions just all the wrong answers.
Thebrownblob
Well-Known Member
It had to be abolished in order for them to have their way. Nothing would stop it. Many tried.
the govt (aka we the people) invested so we should get reward. why are you against the govt getting reward for its investment? do you want a poor govt?
Thebrownblob
Well-Known Member
I didn’t invest in anything, never was asked they just took it, that’s quite a bit different than investing. I don’t recall Apple, taking money out of my paycheck and investing it without my consent. I was unaware it’s the governments job to invest. I thought it was to protect us, and to provide basic services.
Thebrownblob
Well-Known Member
The account rep. I talk to today said we are not losing Target, but we are losing some of the volume sometime this summer. Fear of Work stoppage related possibly? I don’t know.
