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	<title>Comments on: Book Review: The Dollar Meltdown by Charles Goyette</title>
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	<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/</link>
	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>By: Jeros</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-19094</link>
		<dc:creator>Jeros</dc:creator>
		<pubDate>Mon, 23 Nov 2009 04:54:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-19094</guid>
		<description>A few points:

&quot;But isn’t China, increasingly prosperous as it is, still a command economy? Goyette addresses this by saying that “as China freed its command economy, growth came.” Yes, but that doesn’t mean China is free from command. Nor does it mean that America won’t stop the top-down action until it becomes the USSA.&quot;

America&#039;s path of government growth has been incrementally consistent since the days of Lincoln. The pace has quickened since the days of Roosevelt. Since Clinton, government growth has been breakneck. The hundred+ year trend is clear. There has not been a decade when government size &amp; power decreased. We are closer than you think to a soviet style economy. We will be there eventually. 

The level of government intrusion in Chinese markets has been consistently decreasing for decades. The level of government intrusion in American markets has been consistently increasing for decades. The level of government intrusion is markets is inversely proportional to wealth. This is the point Goyette makes, and your attempt to misrepresent is was misdirected to say the least.

&quot;Goyette later recommends buying an ETN (exchange-traded note) issued by the (socialist) government of Sweden. We hate central command, but we support it when it’s in our own interest?&quot;

Socialist governments are necessarily inefficient. If you don&#039;t know why, read Human Action. With that said, in a world of socialist governments that redistribute and confiscate wealth through force, there is a possibility of investing in a government backed securities that could increase one&#039;s wealth because, well, governments that confiscate wealth and print money can be reliable when paying their bills. Government is socialism. Goyette realizes the Swedish government is socialist. 

You criticisms are not very well thought out. Please think of the potential simple explanations to your arguments before commenting on the incredibly diverse subjects of economic and social theory. 

&quot;If you can get over a couple of belief-system rabbit holes, and the occasional divisive language&quot;

If you can prove a certain theory to be incorrect, or certain Rhetoric to be unnecessary, do so already, but just don&#039;t state as much without providing any specific criticism. That was a cheap shot. It was an intellectually lazy attempt to disparage a philosophy that obviously hits a sore spot of yours.</description>
		<content:encoded><![CDATA[<p>A few points:</p>
<p>&#8220;But isn’t China, increasingly prosperous as it is, still a command economy? Goyette addresses this by saying that “as China freed its command economy, growth came.” Yes, but that doesn’t mean China is free from command. Nor does it mean that America won’t stop the top-down action until it becomes the USSA.&#8221;</p>
<p>America&#8217;s path of government growth has been incrementally consistent since the days of Lincoln. The pace has quickened since the days of Roosevelt. Since Clinton, government growth has been breakneck. The hundred+ year trend is clear. There has not been a decade when government size &amp; power decreased. We are closer than you think to a soviet style economy. We will be there eventually. </p>
<p>The level of government intrusion in Chinese markets has been consistently decreasing for decades. The level of government intrusion in American markets has been consistently increasing for decades. The level of government intrusion is markets is inversely proportional to wealth. This is the point Goyette makes, and your attempt to misrepresent is was misdirected to say the least.</p>
<p>&#8220;Goyette later recommends buying an ETN (exchange-traded note) issued by the (socialist) government of Sweden. We hate central command, but we support it when it’s in our own interest?&#8221;</p>
<p>Socialist governments are necessarily inefficient. If you don&#8217;t know why, read Human Action. With that said, in a world of socialist governments that redistribute and confiscate wealth through force, there is a possibility of investing in a government backed securities that could increase one&#8217;s wealth because, well, governments that confiscate wealth and print money can be reliable when paying their bills. Government is socialism. Goyette realizes the Swedish government is socialist. </p>
<p>You criticisms are not very well thought out. Please think of the potential simple explanations to your arguments before commenting on the incredibly diverse subjects of economic and social theory. </p>
<p>&#8220;If you can get over a couple of belief-system rabbit holes, and the occasional divisive language&#8221;</p>
<p>If you can prove a certain theory to be incorrect, or certain Rhetoric to be unnecessary, do so already, but just don&#8217;t state as much without providing any specific criticism. That was a cheap shot. It was an intellectually lazy attempt to disparage a philosophy that obviously hits a sore spot of yours.</p>
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		<title>By: George Whitfield</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-19063</link>
		<dc:creator>George Whitfield</dc:creator>
		<pubDate>Sun, 22 Nov 2009 20:28:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-19063</guid>
		<description>I think that Charles Goyette is recommending gold because of what is coming in the future: continuously and ever larger dollars printed based on nothing.</description>
		<content:encoded><![CDATA[<p>I think that Charles Goyette is recommending gold because of what is coming in the future: continuously and ever larger dollars printed based on nothing.</p>
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		<title>By: K</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-19028</link>
		<dc:creator>K</dc:creator>
		<pubDate>Sun, 22 Nov 2009 03:02:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-19028</guid>
		<description>With all due respect, I am not sure that I understand Travis&#039; point.  In 2004 many &quot;wise&quot; investors could read the underlying data which indicated a real estate bubble that had to burst at some point.  Those investors got out of the market.  The same can be said today of those who look at the underlying data and fundamentals and not simply at trends.  We are $12 trillion in debt.  The 2009 deficit was $1.3 trillion (give or take a hundred billion).  We are wearing out the federal printing presses issueing new money, and the fed no longer reports M3 money supply.  Can you say &quot;inflation&quot;?</description>
		<content:encoded><![CDATA[<p>With all due respect, I am not sure that I understand Travis&#8217; point.  In 2004 many &#8220;wise&#8221; investors could read the underlying data which indicated a real estate bubble that had to burst at some point.  Those investors got out of the market.  The same can be said today of those who look at the underlying data and fundamentals and not simply at trends.  We are $12 trillion in debt.  The 2009 deficit was $1.3 trillion (give or take a hundred billion).  We are wearing out the federal printing presses issueing new money, and the fed no longer reports M3 money supply.  Can you say &#8220;inflation&#8221;?</p>
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		<title>By: Bruce Koerber</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-19024</link>
		<dc:creator>Bruce Koerber</dc:creator>
		<pubDate>Sun, 22 Nov 2009 00:50:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-19024</guid>
		<description>Please review:

First book in the sequence: 


          MORE THAN LAISSEZ-FAIRE (2008)      

Second book in the sequence: 


          The HUMAN ESSENCE of Economics (2009) 


A combination of the first and second book:


          MACRO &amp; MICRO Economics Renewed (2009)</description>
		<content:encoded><![CDATA[<p>Please review:</p>
<p>First book in the sequence: </p>
<p>          MORE THAN LAISSEZ-FAIRE (2008)      </p>
<p>Second book in the sequence: </p>
<p>          The HUMAN ESSENCE of Economics (2009) </p>
<p>A combination of the first and second book:</p>
<p>          MACRO &amp; MICRO Economics Renewed (2009)</p>
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		<title>By: Clark</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-19010</link>
		<dc:creator>Clark</dc:creator>
		<pubDate>Sat, 21 Nov 2009 08:36:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-19010</guid>
		<description>In 2004 the libertarians and Austrian Economist I was reading were telling me to stay away from real estate because it&#039;s unsustainable and houses are being bought like crazy by people who were clueless about economics and finance, not to mention how it was financed by Dollars created out of thin air. There were many who foresaw the financial collapse of 2008 too, so if this fella Goyette is a libertarian he may know a thing or two I could find useful, like for instance I&#039;m really curious what it is he has to say about silver.</description>
		<content:encoded><![CDATA[<p>In 2004 the libertarians and Austrian Economist I was reading were telling me to stay away from real estate because it&#8217;s unsustainable and houses are being bought like crazy by people who were clueless about economics and finance, not to mention how it was financed by Dollars created out of thin air. There were many who foresaw the financial collapse of 2008 too, so if this fella Goyette is a libertarian he may know a thing or two I could find useful, like for instance I&#8217;m really curious what it is he has to say about silver.</p>
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		<title>By: Travis</title>
		<link>http://www.businesspundit.com/book-review-the-dollar-meltdown-by-charles-goyette/comment-page-1/#comment-18981</link>
		<dc:creator>Travis</dc:creator>
		<pubDate>Fri, 20 Nov 2009 12:28:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.businesspundit.com/?p=16185#comment-18981</guid>
		<description>All I get from the summary is that the author can base a book on present day woes.  There is an overabundance of the dollar, so inflation is going to be a problem.  The value of gold has gone way up, so put money in gold.  That&#039;s almost like me saying &quot;Invest in summer clothes, the earth is getting hotter&quot;.  The economy is much too volatile to start telling people how to invest based on what is happening in the present.  Be smart about it and go with trends.  Imagine if you had invested money in real estate in 2004 because an author said &quot;Houses are being bought like crazy, invest in real estate.&quot;</description>
		<content:encoded><![CDATA[<p>All I get from the summary is that the author can base a book on present day woes.  There is an overabundance of the dollar, so inflation is going to be a problem.  The value of gold has gone way up, so put money in gold.  That&#8217;s almost like me saying &#8220;Invest in summer clothes, the earth is getting hotter&#8221;.  The economy is much too volatile to start telling people how to invest based on what is happening in the present.  Be smart about it and go with trends.  Imagine if you had invested money in real estate in 2004 because an author said &#8220;Houses are being bought like crazy, invest in real estate.&#8221;</p>
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