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	<title>Comments on: The Death and Rebirth of Sound Money</title>
	<atom:link href="http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/feed/" rel="self" type="application/rss+xml" />
	<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/</link>
	<description>Parliamentary plots, rumours and conspiracy</description>
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		<title>By: Aethelred</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-16090</link>
		<dc:creator>Aethelred</dc:creator>
		<pubDate>Wed, 01 Apr 2009 10:40:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-16090</guid>
		<description>&quot;how do we get banks lending again?&quot;

You get a new prime minister who is prepared to tackle the problem rather than attempt to bullshit his way through it.

You get a new prime minister who will force the banks to show their balance sheets and the true extent of their liabilities.

The simplest mechanism is to call a general election now.</description>
		<content:encoded><![CDATA[<p>&#8220;how do we get banks lending again?&#8221;</p>
<p>You get a new prime minister who is prepared to tackle the problem rather than attempt to bullshit his way through it.</p>
<p>You get a new prime minister who will force the banks to show their balance sheets and the true extent of their liabilities.</p>
<p>The simplest mechanism is to call a general election now.</p>
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		<title>By: IEA Blog &#187; Blog Archive &#187; Guido Fawkes, Friedrich von Hayek and Milton Friedman</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-16075</link>
		<dc:creator>IEA Blog &#187; Blog Archive &#187; Guido Fawkes, Friedrich von Hayek and Milton Friedman</dc:creator>
		<pubDate>Wed, 01 Apr 2009 10:23:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-16075</guid>
		<description>[...] is a strange post on Guido&#8217;s blog suggesting that even the IEA is advocating quantitative easing (QE). He says [...]</description>
		<content:encoded><![CDATA[<p>[...] is a strange post on Guido&#8217;s blog suggesting that even the IEA is advocating quantitative easing (QE). He says [...]</p>
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		<title>By: Vienna Woods</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15988</link>
		<dc:creator>Vienna Woods</dc:creator>
		<pubDate>Wed, 01 Apr 2009 09:14:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15988</guid>
		<description>The use of a name, web address, or whatever likely to deceive, cause to divert customers, or deliberately seek to damage another&#039;s business is an offence. For instance one cannot set up a Drapery business known as &quot;Dolly&#039;s&quot; next door to an existing Drapery business called &quot;Dolly&#039;s Drapes&quot;. It&#039;s OK if the new business deals in producing &quot;Dick Heads&quot; as that is a different type of business.

Guido&#039;s web address and Dolly&#039;s http://www.order-order.co.uk, are to close to be an accident and Guido could successfully sue the prick for any money he doesn&#039;t have.

In the German speaking countries this offence is clearly set out in law as &quot;Berufs Schädigung&quot;. Some years ago I successfully sued a competitor for a very similar offence.</description>
		<content:encoded><![CDATA[<p>The use of a name, web address, or whatever likely to deceive, cause to divert customers, or deliberately seek to damage another&#8217;s business is an offence. For instance one cannot set up a Drapery business known as &#8220;Dolly&#8217;s&#8221; next door to an existing Drapery business called &#8220;Dolly&#8217;s Drapes&#8221;. It&#8217;s OK if the new business deals in producing &#8220;Dick Heads&#8221; as that is a different type of business.</p>
<p>Guido&#8217;s web address and Dolly&#8217;s <a href="http://www.order-order.co.uk" rel="nofollow">http://www.order-order.co.uk</a>, are to close to be an accident and Guido could successfully sue the prick for any money he doesn&#8217;t have.</p>
<p>In the German speaking countries this offence is clearly set out in law as &#8220;Berufs Schädigung&#8221;. Some years ago I successfully sued a competitor for a very similar offence.</p>
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		<title>By: Eddie George</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15973</link>
		<dc:creator>Eddie George</dc:creator>
		<pubDate>Wed, 01 Apr 2009 09:00:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15973</guid>
		<description>Printing money is a tacit admission of just how bad things are: there is now more debt in the system than there is cash to repay the debt. Which means in turn that if we gave the banks all our houses and all our businesses we still wouldn&#039;t have repaid all the debt in the system. So the system is now completely broken as Gordon and his gang of morons are a bunch of historians that don&#039;t understand basic arithmetic let alone the term &quot;fractional reserve banking&quot;.

Printing money is now the only way to patch up the broken system. But it sure isn&#039;t an easy way out. If the printed money was used to simply take all the debt in the system and halve it, maybe it would be because for each £ of printed money there would be a £ of debt cancelled leaving the money supply as is,  but in fact the new cash will simply be squeezed into the banking system direct leaving the personal, corporate and government debt intact. With all the debt left unpaid and all the new &quot;noddy&quot; cash added to the system the total amount of money will grow causing inflation. This scheme is therefore so inefficient at directing the new cash where it is needed it will require simply enormous amounts of new cash in the hope of getting the debt paid down - and thus simply enormous levels of inflation. We will be thrown back to the 70s. Inflation at 20% for ten years or more and workers on the streets demanding more money at a time when unemployment is rising leading to collapsing output, a chronic balance of payments deficit and yet more debt that can only be paid for by printing yet more £. Zimbabwe II? You&#039;d better believe it.

It is a disaster of epic proportions that only a political party as incompetent as the Labour party could manage to create in just ten years. The only silver lining to this black-as-night cloud is that our head of state is now so concerned about the situation that she has called a meeting with the BoE governor. We can only hope she is seriously considering dissolving Parliament and calling for a new election in the Autumn when Parliament relinquishes its power back to her at the start of the Summer recess. God knows we need all the help we can get to rid ourselves of this power-crazed muppet before he is allowed to visit any more damage on us in his mad aim to cling to power by all means possible.</description>
		<content:encoded><![CDATA[<p>Printing money is a tacit admission of just how bad things are: there is now more debt in the system than there is cash to repay the debt. Which means in turn that if we gave the banks all our houses and all our businesses we still wouldn&#8217;t have repaid all the debt in the system. So the system is now completely broken as Gordon and his gang of morons are a bunch of historians that don&#8217;t understand basic arithmetic let alone the term &#8220;fractional reserve banking&#8221;.</p>
<p>Printing money is now the only way to patch up the broken system. But it sure isn&#8217;t an easy way out. If the printed money was used to simply take all the debt in the system and halve it, maybe it would be because for each £ of printed money there would be a £ of debt cancelled leaving the money supply as is,  but in fact the new cash will simply be squeezed into the banking system direct leaving the personal, corporate and government debt intact. With all the debt left unpaid and all the new &#8220;noddy&#8221; cash added to the system the total amount of money will grow causing inflation. This scheme is therefore so inefficient at directing the new cash where it is needed it will require simply enormous amounts of new cash in the hope of getting the debt paid down &#8211; and thus simply enormous levels of inflation. We will be thrown back to the 70s. Inflation at 20% for ten years or more and workers on the streets demanding more money at a time when unemployment is rising leading to collapsing output, a chronic balance of payments deficit and yet more debt that can only be paid for by printing yet more £. Zimbabwe II? You&#8217;d better believe it.</p>
<p>It is a disaster of epic proportions that only a political party as incompetent as the Labour party could manage to create in just ten years. The only silver lining to this black-as-night cloud is that our head of state is now so concerned about the situation that she has called a meeting with the BoE governor. We can only hope she is seriously considering dissolving Parliament and calling for a new election in the Autumn when Parliament relinquishes its power back to her at the start of the Summer recess. God knows we need all the help we can get to rid ourselves of this power-crazed muppet before he is allowed to visit any more damage on us in his mad aim to cling to power by all means possible.</p>
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		<title>By: The big D</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15883</link>
		<dc:creator>The big D</dc:creator>
		<pubDate>Wed, 01 Apr 2009 07:46:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15883</guid>
		<description>Just a shame they have to kill some others earlier with C.Diff to balance the books.</description>
		<content:encoded><![CDATA[<p>Just a shame they have to kill some others earlier with C.Diff to balance the books.</p>
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		<title>By: Notts Al</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15830</link>
		<dc:creator>Notts Al</dc:creator>
		<pubDate>Wed, 01 Apr 2009 04:48:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15830</guid>
		<description>Yeah, links to a series of these vids have popped up everywhere lately, almost like a smear campaign by the Republicans/Tories. But I remember the furore back in the 70s and 80s- reds under the bed stuff and communist threat etc. During the good times our fears havee been subordinated.

If the vids are genuine then they are indeed apocryphal. I am beginning to believe that they are.

If Brown Blair Prescott are Maxists, they have been incredibly successful. PC, retro-Racism and H&amp;S have completely terminated any possibility of thought outside of the party-line. Is this EU sponsered or a UK phenomenom?

It has all come to pass and easy to make a case in the mind for sleepers supported by the Fabian Soc. Demos, Tavistock, Smith etc all held together now by Common Purpose. WHAT ABOUT COMMON PURPOSE?? - delivering to a completely demoralised nation, absolute State control.

I agree. We are fast approaching a tipping point one way or another. We could guess that Lisbon was plan A, parked for MSM consumers, actually being implemented anyway, so plan B, the Civil Contingencies Act will do. Today might be all the excuse they need.

The argument for cock-up against conspiracy is now very difficult to sustain because no Gvernment could be this incompetent so consistently for so long by mistake-surely?

I do wonder.</description>
		<content:encoded><![CDATA[<p>Yeah, links to a series of these vids have popped up everywhere lately, almost like a smear campaign by the Republicans/Tories. But I remember the furore back in the 70s and 80s- reds under the bed stuff and communist threat etc. During the good times our fears havee been subordinated.</p>
<p>If the vids are genuine then they are indeed apocryphal. I am beginning to believe that they are.</p>
<p>If Brown Blair Prescott are Maxists, they have been incredibly successful. PC, retro-Racism and H&amp;S have completely terminated any possibility of thought outside of the party-line. Is this EU sponsered or a UK phenomenom?</p>
<p>It has all come to pass and easy to make a case in the mind for sleepers supported by the Fabian Soc. Demos, Tavistock, Smith etc all held together now by Common Purpose. WHAT ABOUT COMMON PURPOSE?? &#8211; delivering to a completely demoralised nation, absolute State control.</p>
<p>I agree. We are fast approaching a tipping point one way or another. We could guess that Lisbon was plan A, parked for MSM consumers, actually being implemented anyway, so plan B, the Civil Contingencies Act will do. Today might be all the excuse they need.</p>
<p>The argument for cock-up against conspiracy is now very difficult to sustain because no Gvernment could be this incompetent so consistently for so long by mistake-surely?</p>
<p>I do wonder.</p>
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		<title>By: Flashman</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15823</link>
		<dc:creator>Flashman</dc:creator>
		<pubDate>Wed, 01 Apr 2009 02:38:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15823</guid>
		<description>We&#039;ll be paying for it, our children will pay for it and our grandchildren will pay for it. Over 60% of your income will go to taxes be it income tax or VAT. It&#039;s like communism without parades.

Tra la! All hail Labour!</description>
		<content:encoded><![CDATA[<p>We&#8217;ll be paying for it, our children will pay for it and our grandchildren will pay for it. Over 60% of your income will go to taxes be it income tax or VAT. It&#8217;s like communism without parades.</p>
<p>Tra la! All hail Labour!</p>
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		<title>By: gosub</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15814</link>
		<dc:creator>gosub</dc:creator>
		<pubDate>Wed, 01 Apr 2009 01:27:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15814</guid>
		<description>Why gold standard? Russia is now etwinded with OPEC as is Brasil, why not a G20 ambush for a new oil backed currency, that is after all whats been proping up the US$</description>
		<content:encoded><![CDATA[<p>Why gold standard? Russia is now etwinded with OPEC as is Brasil, why not a G20 ambush for a new oil backed currency, that is after all whats been proping up the US$</p>
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		<title>By: Budgie</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15809</link>
		<dc:creator>Budgie</dc:creator>
		<pubDate>Wed, 01 Apr 2009 00:45:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15809</guid>
		<description>Dim_Pride said: &quot;Sometimes I think you people actually WANT a crisis.&quot;

You mean you don&#039;t think we actually already have a crisis?</description>
		<content:encoded><![CDATA[<p>Dim_Pride said: &#8220;Sometimes I think you people actually WANT a crisis.&#8221;</p>
<p>You mean you don&#8217;t think we actually already have a crisis?</p>
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		<title>By: Crackers</title>
		<link>http://order-order.com/2009/03/31/the-death-and-rebirth-of-sound-money/#comment-15808</link>
		<dc:creator>Crackers</dc:creator>
		<pubDate>Wed, 01 Apr 2009 00:45:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.order-order.com/?p=5115#comment-15808</guid>
		<description>No All_The Prides(Harman/Brown/Socialist) is one person, an employee of LabourList, whose function it is to post here. He/She uses a set of standard paragraphs thus producing reams of drivel without costs of thoughtful content. He/She/It is of dubious sexuality.

That any visitor here takes the comments seriously is a such of amazement to me and amusement to He/She/It.</description>
		<content:encoded><![CDATA[<p>No All_The Prides(Harman/Brown/Socialist) is one person, an employee of LabourList, whose function it is to post here. He/She uses a set of standard paragraphs thus producing reams of drivel without costs of thoughtful content. He/She/It is of dubious sexuality.</p>
<p>That any visitor here takes the comments seriously is a such of amazement to me and amusement to He/She/It.</p>
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