I don’t understand libertarian logic

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07.30.2022 08:38PM

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@zedvictor4

National Debt is a sort of fantasy concept.

If you REALLY believe this, are you willing to make tax revenue 0, double spending every year, and finance it all by going deeper into debt? Or is that ridiculous and the debt has to be paid off because the debt is a problem.

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07.30.2022 08:51PM

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@TheUnderdog

Not going to needless and unprofitable wars, would be a decent way not to increase our debt.

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#33

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07.30.2022 08:53PM

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@Lemming

Libetarians are anti war. But ending the wars won’t pay off the debt. It just reduces the deficit. The only way the debt can be reduced is with tax hikes and less spending.

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07.30.2022 09:01PM

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@TheUnderdog

I don't know much about national economics,

But I'd reckon there are ways to handle it.

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https://en.wikipedia.org/wiki/Korea_Electric_Power_Corporation

07.30.2022 09:55PM

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@TheUnderdog

I might be wrong here though.

You are.

France power is owned by the state (plus a lot of other things)

Just don’t call nuclear power libertarian; it’s statist.

It's not nearly as statist as green energy, not even close. And it's only become so in America recently. All it takes is popular demand to return control to the people.

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#36

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07.31.2022 01:59AM

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@Lemming

The most feisable way to pay off the debt is higher taxes and lower spending.

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@Greyparrot

It's not nearly as statist as green energy, not even close.

Wdym? Solar panels allow you to live off grid if you have batteries. That’s the least statist thing possible if you pay for your own panels.

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ebuc

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ebuc

07.31.2022 02:28AM

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@Greyparrot

All it takes is popular demand to return control to the people.

Lets see now, who was at Jan 6th self-guided tour of USA capital?

Democrats:........* *..........

Republicans:.....* * *.......

Libertarians: .....* * * *........

Lets see now who invited them once stealing election from the democratic win failed?

Democrat:.........................

Republican:......' @ ! @ '........angry orange-man

Libertarian:.......................

Which lawyers of recent politics have lost their license to practice?

Democrat:...* ? *.................

Republican: Rudy Gulliano LINK

Libertarian:....* ? *..............

#39

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07.31.2022 03:09AM

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@TheUnderdog

Wdym? Solar panels allow you to live off grid if you have batteries. That’s the least statist thing possible if you pay for your own panels.

It is when you can't afford groceries because a corrupt government printed money out of thin air to subsidize them.

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#40

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@Greyparrot

Groceries aren’t too expensive; people can still afford them. Otherwise you would see people starving.

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07.31.2022 03:30AM

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@Ehyeh

Left libertarian is an oxymoron. Libertarians want low taxes on the rich because they earned that money, leftists think billionaire’s shouldn’t exist because they get triggered over the successful.

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07.31.2022 04:14AM

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@TheUnderdog

If you like nuclear power, go for it. Just don’t call nuclear power libertarian; it’s statist.

the link is to a PRIVATE COMPANY developing NEW MODULAR REACTORS

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07.31.2022 04:16AM

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@TheUnderdog

The most feisable way to pay off the debt is higher taxes and lower spending.

this claim is provably false

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07.31.2022 04:17AM

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@zedvictor4

National Debt is a sort of fantasy concept.

exactly

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07.31.2022 04:18AM

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@Ehyeh

This only applies to right libertarians. Left libertarians are a thing too, libertarian was originally a word coined for leftist thinkers but got hijacked by people who are right leaning.

exactly

#46

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https://youtu.be/rFLYkT97064

07.31.2022 04:22AM

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@TheUnderdog

Left libertarian is an oxymoron. Libertarians want low taxes on the rich because they earned that money, leftists think billionaire’s shouldn’t exist because they get triggered over the successful.

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07.31.2022 05:13AM

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@TheUnderdog

leftists think billionaire’s shouldn’t exist

more specifically, leftists believe billionaires shouldn't receive government subsidies (CORPORATE WELFARE)

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zedvictor4

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07.31.2022 05:52AM

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@TheUnderdog

Who is the money owed to?

Where was it borrowed from?

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07.31.2022 04:10PM

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@TheUnderdog

Another way countries can pay off debt historically,

Is by allowing merchant ships to arm themselves, that they be able to fight off pirates,

Or in a time of war authorize privateers.

Such would decrease losses in trade or spending in navy.

More a wooden ships and iron men sort of age though.

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08.03.2022 06:41PM

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@3RU7AL

If the private sector can deliver cheap nuclear energy, then they should have no problem delivering it in a free market. The libertarian approach to energy should be the free market, not a bias towards nuclear power.

The most feisable way to pay off the debt is higher taxes and lower spending.
this claim is provably false

How else do you plan on paying off the debt?

more specifically, leftists believe billionaires shouldn't receive government subsidies (CORPORATE WELFARE)

Right wing libetarians agree. Right wing authoritarians don’t.

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#51

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08.03.2022 06:42PM

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@Lemming

How does that generate revenue for the government to pay off the debt?

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@TheUnderdog

It prevents loss of trade.

Creates gains from stealing enemies trade, both in treasure ships and trade routes.

Creates civilian militia of ships in times of war, to increase military power.

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#53

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@Lemming

That only can help the government if the ships get taxed, which libertarians argue is theft.

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https://youtu.be/iFDe5kUUyT0?t=61

08.04.2022 05:04PM

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@TheUnderdog

The most feisable way to pay off the debt is higher taxes and lower spending.
this claim is provably false
How else do you plan on paying off the debt?

The money itself is borrowed-into-existence

There is always more debt than money in a fiat system

This means

It is always impossible to pay off "the debt"

explained in detail,

#55

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Debates within libertarianism - Wikipedia

08.04.2022 08:00PM

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@TheUnderdog

I'm not sure that 'all Libertarians believe in 'No taxes 'anywhere?

"Taxation[edit]
Some deontological libertarians believe that consistent adherence to libertarian doctrines such as the non-aggression principle demands unqualified moral opposition to any form of taxation, a sentiment encapsulated in the phrase "Taxation is theft!".[59] They would fund all services through gratuitous contributions, private law and defense user fees as well as lotteries. Other libertarians support low taxes of various kinds, arguing that a society with no taxation would have difficulty providing public goods such as crime prevention and a consistent, unified legal system to punish rights violators. Geolibertarians in particular argue that only a single tax on the rental value of land, typically in conjunction with Pigovian pollution and severance fees to internalize negative externalities and curb natural resource depletion, are non-aggressive, non-distortionary and politically sustainable."

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