[ExI] [tp] Thiel, Anissimov and Neo-reactionary Monarchism

[spike]

>... On Behalf Of BillK
>...
>
>>... In some ways we could argue that socialists are the reactionaries. 
> Margaret Thatcher has so eloquently identified its shortcoming: it 
> works fine until they run out of other people's money.
>


>...Can't the socialists just keep printing trillions as required, like the
US does????

;)

BillK
_______________________________________________

BillK, that only as long as someone somewhere will keep loaning actual
wealth to back it.  As soon as that stops, the government which has grown
fondly accustomed to a long line of willing lenders must choose one of two
difficult paths: suddenly figure out how to live within its means, or print
phony money.  I urge we try the former course and do it as quickly as
possible.  I would recommend to foreign lenders to stop buying US treasury
bills and buy US real estate instead.

spike