Open Markets vs Big Government Debate: Is Dumping a "Form of Theft"?

IMG Auteur
Published : December 31st, 2018
350 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Dumping is a form of theft says Matt Stoller, a Fellow at the Open Markets Institute.

Here is a Tweet that caught my eye.

Curiously, Stoller is 180 degrees off target.

Mercy Me

Dumping steel, solar panels, etc, is to the explicit benefit of the US (assuming of course dumping is the accurate word).

In simple terms, people like Matt Stoller protest that fact that the US is getting a great deal.

Stoller supports tariffs to stop the US from getting a a good deal.

Now, how silly is that? And check this out.

More Government Control Demanded

While wanting more tariffs, Stoller wants more control of how and what farmers produce.

End Austerity

Like Krugman, Stoller wants to end austerity. Other than Greece, I am still waiting for someone to tell me where we have austerity.

Google Crackdown Requested

Corporations like Google and Microsoft exist in the US because socialists would not let them exist in Europe.

To save the bookstores, family farms, newspapers, or whatever, they would have been busted apart long ago if they ever thrived in the first place.

Google is an amazing corporation. People use its search engine because they like it. And Google took its profits and invested in amazing things like self-driving technology that will soon run cars everywhere.

This is the genius of free and open markets, unhampered by government interference.

The Not Open Market Society

Stoller and the allegedly "open market" committee both want more government spending, more tariffs, and more intervention by the government in virtually every aspect of our lives, even agriculture.

Committee to Support "Big Government"

Neither Stoller nor OpenMarkets.Org is one bit interested in "open markets" which I would define as free market enterprise.

Instead, Stoller, along with Krugman, ought to be on the Committee to Support "Big Government".

Big Government Madness

The irony in Stoller's and Krugman's madness is that the populist revolts in France and Italy are taking place precisely because those countries suffer from too much regulation, too much taxation, and too much government!

 

Source : moneymaven.io
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Comment this article
>Follow all commentairies
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Battle Royale
22 JanJ.-1
"Boundless rage", does seem to be a characteristic of the collectivist Left.
Coming Attractions
22 JanJ.0
You are correct, history does recycle. And it has been long enough that all those who remember first hand what the last cycle of collectivist revo...
Ecological Armageddon: “We Are Destroying Our Life Support Systems!”
19 Jankevthorne
In further support of the article's conclusions, I recommend this treatise written by Jeremy Grantham, a chief investment strategist: "The original...
Beware the "ZeroHedge Trap"
16 Janjohngaltfla@yahoo.com
Nicely done and very well written. The doom is coming but this asteroid misses Planet Earth in Q1. However, I think we are in for a substantially r...
Turbulence and Brexit Make Safer Options Like Gold and Cash Essential
15 Janallstarchuck
If investors included safe-haven assets in their portfolios possibly mistaking them for a hedge, they would potentially inflate their prices in nor...
Top Ten Trends Lead to Gold
14 JanAriana33
This is a good article, and I can agree with many points. I've been investing in gold, particularly the American Gold Eagles for quite some years n...
The Black Swan So Ugly No One Will Talk About It
14 JanS W.
A black swan is a highly improbable event. Obviously the author of the article does not understand that.
Fed’s Balance Sheet Reduction Reaches $402 Billion
07 JanRocco
Every time the FED speaks, gold skyrockets. Just buying some gold every time before the FED makes an announcement and then selling for a quick prof...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS