tag:blogger.com,1999:blog-3758330678390419129.post4323039865966085687..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: On Being Too Rigid & Dogmatic & Inflexible on Free TradeRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-3758330678390419129.post-1300292597245339342016-12-19T21:31:07.810-05:002016-12-19T21:31:07.810-05:00Douglas, I agree with your main points!
This elec...Douglas, I agree with your main points!<br /><br />This election has warped every perception of anything controversial, even here!!!RDF2https://www.blogger.com/profile/14340534647561133098noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-29852262743375280262016-12-19T17:42:47.193-05:002016-12-19T17:42:47.193-05:00by the way you could criticize a comment without c...<br />by the way you could criticize a comment without calling someone "ignorant". I said a post ignores some fact in my opinion not that the poster was ignorant.douglashttps://www.blogger.com/profile/10269205712944353490noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-18552125321171440592016-12-19T17:41:05.700-05:002016-12-19T17:41:05.700-05:00The Fed cannot tolerate deflation because the US e...The Fed cannot tolerate deflation because the US economy is so over leveraged that mass defaults and insolvancy would result from any systemwide decline in prices (including asset prices). For that reason when international trade exploded essentially China exported deflation - ie they produced at lower cost, and this was repeated with other countries. In response the Fed started extraordinary douglashttps://www.blogger.com/profile/10269205712944353490noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-27890857529053865552016-12-19T13:40:07.234-05:002016-12-19T13:40:07.234-05:00haha :)haha :)skylienhttps://www.blogger.com/profile/08160738385436843080noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-90085342445576276642016-12-19T13:00:52.281-05:002016-12-19T13:00:52.281-05:00@douglas,
─ The analogy of a person buying from a...@douglas,<br /><br />─ The analogy of a person buying from an expensive source or a less expensive source ignores one thing. ─<br /><br />I have the feeling the ignorance comes from the other direction. Let's see how this goes...<br /><br />─ the American consumer did not get the benefit of lower prices because the Fed fought deflation tooth and nail with ZIRP and quantitative easing. ─<br /OldMexicanhttps://www.blogger.com/profile/16111465436836633221noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-3603283494912626972016-12-19T12:19:47.557-05:002016-12-19T12:19:47.557-05:00SitSitAnonymoushttps://www.blogger.com/profile/02514260366241042732noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-22694320158314291202016-12-19T11:39:50.687-05:002016-12-19T11:39:50.687-05:00─ You [Mr. Glenn] accuse me [professor Boudreaux]...─ You [Mr. Glenn] accuse me [professor Boudreaux] of being "too rigid & dogmatic & inflexible" in my support of free trade. ─<br /><br />This exact accusation seems to be the favorite among anti-market ideologues on the left, as well: "You are just too committed to the gods of the free market". In yet another iteration of the notion that up is down and freedom is OldMexicanhttps://www.blogger.com/profile/16111465436836633221noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-16822832377362536182016-12-19T11:22:19.937-05:002016-12-19T11:22:19.937-05:00The analogy of a person buying from an expensive s...The analogy of a person buying from an expensive source or a less expensive source ignores one thing. No doubt the explosion of international trade led to deflation of prices for American consumers, but the American consumer did not get the benefit of lower prices because the Fed fought deflation tooth and nail with ZIRP and quantitative easing. Hence banks and financiers got the benefit of free douglashttps://www.blogger.com/profile/10269205712944353490noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-20834863823670052612016-12-19T10:50:13.267-05:002016-12-19T10:50:13.267-05:00What are you going to do when China makes all the ...What are you going to do when China makes all the sofas and the U.S. makes nothing?<br /><br />/sarccavalier973https://www.blogger.com/profile/16018249706585207161noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-81342397026761978002016-12-19T09:38:07.206-05:002016-12-19T09:38:07.206-05:00It's the nationalists/protectionists who are b...It's the nationalists/protectionists who are being "too rigid & dogmatic & inflexible" in their insistence that exchange can only be beneficial when it occurs entirely within the confines of the US government's regulatory sphere, and that someone who trades with the remaining 95% of the world's population is somehow "hurting the country."Anonymoushttps://www.blogger.com/profile/11968441656658845395noreply@blogger.com