Austro-Libertarian Christmas

Saturday, December 15, 2012
Posted in category Music

During this season, I always like to point out those great lyrics from the holiday television special, Rudolph the Red-Nosed Reindeer. Burl Ives, as a snowman, sings about subjective value:

Silver and gold
Silver and gold
Ev’ryone wishes for silver and gold
How do you measure it’s worth?
Just by the pleasure it gives here on earth.

The squirrels in this snippet, however, are disappointed to find out they can’t eat the gold, so they may value the nuts over the gold. Additionally, Tom Mullen, in an article for the Washington Times Communities, points out other libertarian themes that pervade the wonderful specials of Christmas past.

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2 Responses to Austro-Libertarian Christmas

  1. jeannie queenie says:

    December 15th, 2012 at 5:20 pm

    Anyone in a market in last few months, knows we are headed into the scene when ‘food will be worth more than gold’. Especially if/when trucks can’t make it to stores, and the masses turn into asses by breaking and entering so as not to starve.  We have yet to see the worse boys and girls.
    Have yet to see anyone I know of, who is able to eat metal/gold/silver.

    Bummer, et al, has a whole lot of sht to serve on a plate for 2013 and beyond. For sure you don’t want to buy any of that govt crap silver or gold coin offers that come in your newspaper inserts…another con game by the guys that brought you massive theft of your portfolios…round two coming up with another mortgage default disaster for the damned in 2013.

  2. Wade says:

    December 15th, 2012 at 10:08 pm

    Hi jeannie queenie,

    i agree with you that gold and silver is not very palatable…lol…otoh, in a shtf scenario, you’ll likely be able to trade for more food with gold/silver than you can with a digital fiat currency that’s not worth the paper that it’s not printed on (as Gerald Celente might say)

    as for the form of gold/silver to hold, I agree with Ann Barnhardt (God bless her, she needs it): if it’s physical, tangible, and if you can stand in front of it with an assault rifle and protect it, it’s a real asset…otoh, if it’s a paper asset it’s nothing but a 1 or a 0 on a computer server somewhere…in other words, hold physical gold/silver, not an ETF

    Cheers

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