Subject:
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Re: It IS about Taxation
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 22 Dec 2000 19:16:39 GMT
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Viewed:
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306 times
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Christopher Weeks wrote:
>
> In lugnet.off-topic.debate, Frank Filz writes:
> > > ...
> > That would be a reasonable argument if:
> > ...
> > 3. The tax is closely related to the cost of managing the monetary
> > system.
>
> Disagree. If conditions one and two are in place, three needn't be. I don't
> care one whit what organization-x does with their internal policy. In a system
> of competing currencies, Bob's Green Bank could produce pretty USbob$10 bills
> with holographic pandas, charge more for the use and use their profits to save
> panda habitat. If there is freedom of competing currencies, then the
> USGovernment (just another large org) could charge whatever and do whatever
> with their money. Because then it wouldn't be _my_ money.
I'm not sure (I wasn't real sure about making that stipulation), but
there clearly are things which private organizations can be allowed to
do that governments can't (such as discrimination).
It probably does amount to a moot point since a monetary system which
had a higher usage fee than what was required to actually run the thing
would likely be pretty non-competitive (since if you support the idea of
whatever else is being supported with the fees it would probably be
easier to just directly fund that idea).
--
Frank Filz
-----------------------------
Work: mailto:ffilz@us.ibm.com (business only please)
Home: mailto:ffilz@mindspring.com
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Message is in Reply To:
 | | Re: It IS about Taxation
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| (...) Disagree. If conditions one and two are in place, three needn't be. I don't care one whit what organization-x does with their internal policy. In a system of competing currencies, Bob's Green Bank could produce pretty USbob$10 bills with (...) (24 years ago, 22-Dec-00, to lugnet.off-topic.debate)
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