tag:blogger.com,1999:blog-1592992209402300549.post2744086849822660469..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: Monetary Policy Has Failed... Now What?SiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1592992209402300549.post-51119574719825950882016-09-28T23:10:26.087-04:002016-09-28T23:10:26.087-04:00It's the way the Soviet Union was! It's a...<i>It's the way the Soviet Union was! It's a nightmare.</i><br /><br />Our technological level today is higher than the Soviet Union was then, and there are more possibilities today. Imagine yourself as Laroy Starrett in 1905. You have a small factory, which you are busy improving with higher technology. This is <i>enough</i> capital, not what you deserve to have under freedom, but <i>enough</i> to get somewhere. Starrett made a name for himself with the combination square and the micrometer. What are you going to make? Some privacy-enhanced software defined radio, I hope? Manufactured in Asia, sold on the gray market as a kit through ebay, and imported past semi-open borders?Anonymousnoreply@blogger.com