European Tribune - Comments - Merkel steps into the inflation debate

Merkel steps into the inflation debate | 127 comments (127 topical, 0 editorial, 0 hidden)

We should expropriate the rich (4.00 / 2)

...to recover the riches we paid for, hey...

Patrice Ayme Patriceayme.com Patriceayme.wordpress.com http://tyranosopher.blogspot.com/

by Patrice Ayme on Wed Jun 3rd, 2009 at 01:50:44 PM EST
[ Parent ]

Re: We should expropriate the rich (none / 0)

The term you are looking for is "confiscate."

"Expropriate" implies compensation, which is counterproductive in this case.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Jun 4th, 2009 at 07:19:26 AM EST
[ Parent ]

Hmmmm.... (none / 0)

Certainly I want to confiscate... Seems to me ex-propriate was pretty clear, but OK...

Patrice Ayme Patriceayme.com Patriceayme.wordpress.com http://tyranosopher.blogspot.com/

by Patrice Ayme on Thu Jun 4th, 2009 at 07:18:48 PM EST
[ Parent ]

Re: We should expropriate the rich (4.00 / 2)

Buying shitpile at market would have been "expropiation", but it would also have bankrupted the banks because the market value was too low.

So instead shitpile is being bought from them at notional values... Ugh.

The brainless should not be in banking. — Willem Buitler

by Migeru (migeru at eurotrib dot com) on Sun Jun 7th, 2009 at 05:21:07 AM EST
[ Parent ]

Merkel steps into the inflation debate | 127 comments (127 topical, 0 editorial, 0 hidden)

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