Jock's Place blog by Jock Coats is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 UK: England & Wales License. Based on a work at www.jockcoats.org.uk. Permissions beyond the scope of this license may be available at http://www.jockcoats.org.uk/copyright.
Atom - articles RSS - articles RSS - comments
Latest Ten Articles
-
Internet Outlaws
17-Nov-08
-
We, the leaders of the Group of Twenty...
15-Nov-08
-
Baby P: where are the others?
15-Nov-08
-
Imagine that: Government in "making matters worse" shock!
13-Nov-08
-
Libertarians: torch bearers for big business?
11-Nov-08
-
Repent! For the end of the state is nigh!
03-Nov-08
-
Paying for Higher Education
29-Oct-08
-
Libertarian Alliance Conference, 2008 (Part II)
28-Oct-08
-
Libertarian Alliance Conference, 2008 (part I)
27-Oct-08
-
If you speed...
27-Oct-08
...and to ones that made be mad!
Five Random Articles & Links
The Revolutionary Liberalism series
User login
-
Repent! For the end of the state is nigh! -
Discontent on Lib Dem benches? -
Private charity, voluntary co-operation or state welfare -
Evan harries the invincible Cable -
"Lib Dem" donorgate...bring it on -
Faraz Bhatti - I'm not doing my job... -
Karim defection a blow for Nick Clegg? -
Revolutionary Liberalism: 1 - Leadership -
General Erection -
Putting the genie back in the bottle




















...which of course is the
...which of course is the message of the other one from Mises Institute!
I have to say that is not the usual solution, even from the "left" of the monetary reform spectrum - having politicians fighting over how much to create and when to win elections. Most solutions suggest an independent agency doing the economic sums and creating money not on "demand" from the government of the day but the financial markets. Which, other than the mechanics of it, we already have today with the MPC at the Bank of England. And they seem pretty much trusted.
On the Mises one, they call for absolutely hard money. Me, I'm torn. Actually I think Hayek had the right idea privatizing currencies and letting people choose. But I suspect that he may have been too optimistic about peoples' financial understanding and thus open to fraud - but I'm sure they'd soon learn! And it doesn't stop some people presently trusting their money to the oddest of people!
As to the anti-semitic stuff. I'm sorry that Meyer Amstel happenes to have been Jewish. But I think he's the only Jewish banker mentioned in either film - certainly the Mises one holds most ire for J P Morgan and J D Rockefeller. Rothschild did, however, make that most astonishing claim about not caring who makes a country's laws if he has control of the currency. Are people not to quote him just because as well as being a banker, whom as a group we are blaming for the debt money system, because of all of them he happens to be Jewish?
1930s Germany was wrong - they conflated race with profession. It IS the bankers who have inherited the earth and suck it dry, not any one nationality or race of banker.