Re: USD, liberal democracy, etc.

Hi Michael,

i'll have to keep it short, cos i have't much time a.t.m., you wrote:

>Does the fact that enormous amounts of USD are circulating throughout
>the world as means of circulation, means of capital investment, as a store
>of value, etc. mean that the US state has "lost control" of its currency?

If f.i. Japan or China would suddenly decide to dump vast amouts
of their USD on the market (and they can because they hold very
large reserves), the USD would crash, leading i.a. to sky rocketing
gas prices in the U.S. and major social unrest. This is one scenario
of what i mean when i say the U.S. has lost control of its currency.

>The reason given for shutting down 'Al-Hawza al-Natiqa' was
>that Moqtada al-Sadr was using this mouthpiece to incite violence.
>That might even be true. If it is true that is legitimate reason enough
>to close it down according to democratic rules of play.

Yes, but you're making my point. The decision was not legitimate,
because the issue wasn't brought to an Iraqi Court of Law. Bremer
rules by decree, and see what happened in An-Najaf yesterday and
today.

>> JS:
>> No, not always in strife, i think. The corn grows while the farmer sleeps.
> ME: ......
> Corn is spared exposure to the openness of being.

I was speaking metaphorically here. "The corn grows while the farmer
sleeps." is from the parables in the Gospel of Marcus, see Mc.4, 26-29.

more later, deo volente
Jan




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