The Big Bust: An Essay

Nonfiction, Social & Cultural Studies, Political Science, Business & Finance
Cover of the book The Big Bust: An Essay by Edward E. Rochon, Edward E. Rochon
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Author: Edward E. Rochon ISBN: 9781370828524
Publisher: Edward E. Rochon Publication: October 18, 2016
Imprint: Smashwords Edition Language: English
Author: Edward E. Rochon
ISBN: 9781370828524
Publisher: Edward E. Rochon
Publication: October 18, 2016
Imprint: Smashwords Edition
Language: English

A preface notes how Ron Paul expounds dire warnings of doom. I note some flaws in his position. Chapter 1 notes that Paul's dire warnings (Pauliads) worry me and comfort me at the same time. If the dollar is doomed, how can the holders of them unload them? Who will buy them? They must keep the value of the dollar up or lose big time. The only place to unload them is in America, building up the economy. Chapter 2 attacks Say's Law, Comparative Advantage, the Gold Standard, the evil state proposition, the work ethic as a virtue. Chapter 3 proposes The Donald or Hillary become sole buyers of foreign goods in a crisis to get better deals for the the American consumer. They will give foreign sellers the option of bypassing sole buyer deals by paying tariffs on direct imports. This will remove the need for placating the demand for wage and price controls in the crisis. This must be done to avoid black markets and corruption, and resentments. The Donald also adds in deals for moving Chinese and other production to America while safeguarding essential American assets. I briefly comment on my bitter view of the current presidential election.

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A preface notes how Ron Paul expounds dire warnings of doom. I note some flaws in his position. Chapter 1 notes that Paul's dire warnings (Pauliads) worry me and comfort me at the same time. If the dollar is doomed, how can the holders of them unload them? Who will buy them? They must keep the value of the dollar up or lose big time. The only place to unload them is in America, building up the economy. Chapter 2 attacks Say's Law, Comparative Advantage, the Gold Standard, the evil state proposition, the work ethic as a virtue. Chapter 3 proposes The Donald or Hillary become sole buyers of foreign goods in a crisis to get better deals for the the American consumer. They will give foreign sellers the option of bypassing sole buyer deals by paying tariffs on direct imports. This will remove the need for placating the demand for wage and price controls in the crisis. This must be done to avoid black markets and corruption, and resentments. The Donald also adds in deals for moving Chinese and other production to America while safeguarding essential American assets. I briefly comment on my bitter view of the current presidential election.

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