You’re making the classic mistake of cherry picking one bad event and using it to undermine an entire system. The list of pros and cons of a hard money standard is insanely weighted toward hard money. As I mentioned, the biggest reason for this is it defunds the military industrial complex (wars). But there are many others. The collapse of one or two banks should not undermine the entire economic system. They should be allowed to fail and deal with the consequences. Instead they try and stop the collapse and inflate a bubble which will cause much more pain.
Why would I hate to hear it?
Controlled immigration has always been good.
Uncontrolled mass immigration is bad.
Of course immigration is important when we need it. Right now we don’t. England can’t cope with the people here. Also we are not vetting people harshly enough.
A good example of failed immigration policy is illustrated by this graph from Denmark, where they record violent crime figures based on nationality:
You must log in or register to see images
As you can see, those of Danish origin are way down the list.
The exact same thing is happening here, except we don’t publish this data.
