[Marxism] The Republicans and the gold standard

Tom Cod tomcod3 at gmail.com
Wed Aug 29 13:56:42 MDT 2012


I'm not sure what you mean.  Surely the homeowner facing foreclosing
because of predatory and usurious mortgages will suffer less if his
loan is discharged in bankrutpcy or through a favorable change in the
value of money or some other "gimmick".  The losses to the capitalist
and and the banker is a form of "suffering" he is more equipped to
cope with.  Moreover, the costs to society of allowing these debts to
remain is much greater.

On Wed, Aug 29, 2012 at 11:22 AM, Daniel Rocha <danieldiniz at gmail.com> wrote:
> Either way, easing debt just mean delaying suffering.
>




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