WA Delegate: The Republic of Belmaria (elected 126 days ago)
Founder: The Federated Realms of Distruzio
Embassies: Galts Gulch, Liberty Islands, Libertarians, Black Mesa Islands, Capitalist Libertarian Freedom Region, Libertatem, Anarchist Alliance, Anarchy, Eastern Roman Empire, Antifa, Hellenic Civilization, Renaissance, Snopesean Archipelago, Weed, Democrats, Castiana, and 52 others.Ankh Mauta, Eutopia, Monarchy, One big Island, the Land of Power, Lesser Blackledge, Ecnavian Federation, The Allied Republics, The National Alliance, Maltropian Puppet Confederacy, Persian Tricycle Riders, United Dictatorships, The Silver Isles, Capitalist Paradise, World Economic Alliance, Cashnatchee, Revolutionary Nation of Freedom, World Alliance, The Anti Communist State, The Alliance Pocket Universe, New Republica, The United Confederation of 9, International Commonwealth Of Nations, New Europe, Polandia, Zarathustra, The Royal Alliance, Federation of Free States, North Africa, Conservatopia, International Republican Union, Distributism, Dogbertland, Ageolia, The Northern Hemisphere, The Commonwealth Of Furry Peoples, The True Rebirth, United Empire of Islam, Glorious Nations of Iwaku, League of Christian Nations, United Catholic Nations, Darwin Allied Republics, the council of free nations, Next Generation Alliance, UCR, NationStates Sesquipedalian Countries, The Seafield Islands, Genuan Rebirth, Confederation of Nations, Strategos Prime, Atheist Empire, and Liberty Galaxy.
Tags: Anti-Fascist, National Sovereigntist, Offsite Forums, General Assembly, Anarchist, Industrial, Monarchist, Independent, Featured, Conservative, Liberal, Libertarian, and 11 others.Democratic, Capitalist, Social, Generalite, Large, Free Trade, Isolationist, Role Player, Anti-Communist, Serious, and World Assembly.
Regional Power: Moderate
Today's World Census Report
The Most Authoritarian in Laissez Faireholm
World Census staff loitered innocuously in various public areas and recorded the length of time that passed before they were approached by dark-suited officials.
As a region, Laissez Faireholm is ranked 16,452nd in the world for Most Authoritarian.
|1.||The United Socialist States of Marlencom||Psychotic Dictatorship||“Munire viam ad Communismum”|
|2.||The Dominion of One Authority||Father Knows Best State||“There is but One Authority”|
|3.||The People's Republic of Aikayla||Liberal Democratic Socialists||“The decadent consumption of monster munch”|
|4.||The Most Serene Republic of Ferrianona||Moralistic Democracy||“GABEN”|
|5.||The Free Land of Fenua||Scandinavian Liberal Paradise||“E Pluribus Unum”|
|6.||The Armed Republic of Packana||Inoffensive Centrist Democracy||“A good military”|
|7.||The Republic of Sixty-Nine Black Mamba||Democratic Socialists||“In Kobe We Trust”|
|8.||The People's Republic of Alyakia||Democratic Socialists||“A love that crushes like a mace”|
|9.||The Sultanate of Bunga Bunga||Compulsory Consumerist State||“Edamus, Bibamus, Gaudeamus!”|
|10.||The Dynastic Republic of Leocardia||Capitalist Paradise||“Be a leader, be a friend, be of service.”|
- 6 hours ago: The Voluntaryist Confederation of The New Sea Territory departed this region for The Silver Isles.
- 16 hours ago: Embassy cancelled between Axis Evil of Countries and Laissez Faireholm.
- 16 hours ago: Embassy cancelled between Hotel Quebec and Laissez Faireholm.
- 1 day 15 hours ago: The Fiefdom of Humanus arrived from The Land of Kings and Emperors.
- 1 day 15 hours ago: The Federal Republic of Vipertaria arrived from Libertatem.
- 1 day 17 hours ago: The Commonwealth of Ministry of Labour arrived from The South Pacific.
- 1 day 22 hours ago: The Republic of Xijiang Lou arrived from The National Alliance.
- 2 days 16 hours ago: The Protectorate of Subuni arrived from Malton.
- 2 days 17 hours ago: The Libertarian Republic of Darwinish Brentsylvania of the region The Darwin Allied Republics proposed constructing embassies.
- 2 days 18 hours ago: The Armed Republic of Packana arrived from Lazarus.
Laissez Faireholm Regional Message Board
The Great Depression was (mostly, but not entirely) caused by the Fed.
The banks issue their own money under free banking systems.
Nah, that would be just totalitarian. Fascism is a collection of turds polished by Mussolini.
Free market =/= free nation. You can believe in the free market and care nothing about the people.
"Under the influence of the free market-oriented neoliberal Chicago Boys, the new government also implemented economic reforms, including currency stabilization, tariff cutting, opening Chile's markets to global trade, restricting labor unions, privatizing social security, and the privatization of hundreds of state-controlled industries. These policies produced what has been referred to as the "Miracle of Chile," but critics claim the government policies dramatically increased economic inequality. But the devastating effect of the 1982 monetary crisis in the Chilean economy can be attributed to the Finance Minister Sergio de Castro's decision to peg Chile's currency to the U.S. dollar - to align Chile's high inflation rate with the U.S. inflation rate, but triggered a tremendous devaluation when the U.S. dollar fell, and set off a bank crisis. Economist Milton Friedman, whose ideas influenced the Chicago Boys, criticized de Castro for his decision as it distorted markets. Chile was, for most of the 1990s, the best-performing economy in Latin America, though academics continue to dispute the legacy of Pinochet's reforms."
And for comparison, a real fascist like hitler:
"The same could be said about all forms of central planning. It is wrong to attempt to examine the economic policies of any leviathan state apart from the political violence that characterizes all central planning, whether in Germany, the Soviet Union, or the United States. The controversy highlights the ways in which the connection between violence and central planning is still not understood, not even by the ADL. The tendency of economists to admire Hitler's economic program is a case in point.
In the 1930s, Hitler was widely viewed as just another protectionist central planner who recognized the supposed failure of the free market and the need for nationally guided economic development. Proto-Keynesian socialist economist Joan Robinson wrote that "Hitler found a cure against unemployment before Keynes was finished explaining it.'
What were those economic policies? He suspended the gold standard, embarked on huge public-works programs like autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on prices and production decisions, vastly expanded the military, enforced capital controls, instituted family planning, penalized smoking, brought about national healthcare and unemployment insurance, imposed education standards, and eventually ran huge deficits. The Nazi interventionist program was essential to the regime's rejection of the market economy and its embrace of socialism in one country."
but then how would you keep inflation in check? and how would the value hold if bills aren't being kept track of and regulated?
I understand that. What I am saying is that the basis of free markets are voluntary transactions. And Pinochet, was not in favor of the system being voluntary.
So you think money has value because of regulations? Historical evidence strongly disagrees. Money has value because of trust.
Why would banks print more money than they could back? Printing more, would cause a run on the bank and failure.
sounds like the US now.
Im not saying it brings value im being devils advocate what a normal person would ask you. Alright how do you keep track of the bills? and prevent counterfeiting? do you have a standard that is placed on the banks meaning style and design?
The banks keep track of the bills. And the banks design them in such a fashion to prevent counterfeiting. Banks are free to choose their designs. I mean, who cares what the actual bills look like?
but wouldent you run into the problem as with the orginal 13 colonies where every bank printed there own money?
Those were state chartered banks. That had nothing to do with free banking.