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In Reply to: RE: gold has intrinsic value? posted by b.l.zeebub on March 10, 2021 at 14:23:15:
This is perfect evidence for the 'adaptability' of man.
As conditions change, response and actions change.
As an effect, the system is constantly being 'gamed' by people. An example from nature would be that microbes constantly adapt to whatever Anti-Biotic is being used and eventually become immune.
Current Covid-19 Virus has similar or same 'mutations' pop up basically simultaneously in very widely spaced places. TOO fast for people to have been the mediating agent.
If taxes were repealed on a certaint activity, you'd get a LOT more of it. One exception may be cigarettes where I'm not certain of the huge increases in taxation have resulted in lower demand. Additction is like that, maybe.
The problem, IMO with capitalism is Capitalists. And turning goverment to the service os business.
Bastiat might have had it right a couple hundred years ago.
Too much is never enough
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- RE: gold has intrinsic value? - pictureguy 03/10/2116:06:41 03/10/21 (0)
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