Comments on: Wherein I Answer Lou Dobbs and Suspect He Is A Chinese Agent http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html Dispatches from a Small Business Sun, 12 Feb 2012 09:39:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: josh http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6474 josh Wed, 08 Aug 2007 07:07:58 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6474 <p>Come on, juggler, he didn't really mean that they are our enemies. They are, however, competitors. And as W.C. Fields said, you should never give a sucker an even break. It just keeps them stupid and impoverishes the both of you. Better to let them suffer from the consequences of their own actions and maybe learn something in the process.</p> Come on, juggler, he didn’t really mean that they are our enemies. They are, however, competitors. And as W.C. Fields said, you should never give a sucker an even break. It just keeps them stupid and impoverishes the both of you. Better to let them suffer from the consequences of their own actions and maybe learn something in the process.

]]> By: happyjuggler0 http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6473 happyjuggler0 Wed, 08 Aug 2007 04:51:22 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6473 <p>I agree with virtually your entire post except the part of Japan being our enemy. I am not sure where that came from, but trade is not a zero sum game.</p> <p>Are you better off, or worse off, because you can trade with skilled electricians, programmers, manufacturers etc.? Clearly you are better off with more such people around than with fewer such people, as you get a better price on their labor as a result, not to mention possibly a better product or a more varied choice of product available. The US is worse off with a poorer Japan (or China, or India, or Germany, or....) than a richer Japan.</p> I agree with virtually your entire post except the part of Japan being our enemy. I am not sure where that came from, but trade is not a zero sum game.

Are you better off, or worse off, because you can trade with skilled electricians, programmers, manufacturers etc.? Clearly you are better off with more such people around than with fewer such people, as you get a better price on their labor as a result, not to mention possibly a better product or a more varied choice of product available. The US is worse off with a poorer Japan (or China, or India, or Germany, or….) than a richer Japan.

]]> By: dearieme http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6472 dearieme Tue, 07 Aug 2007 21:38:33 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6472 <p>My father exlained these matters to me when I was still in short trousers. So clearly the fault lies with the father of Lou.</p> My father exlained these matters to me when I was still in short trousers. So clearly the fault lies with the father of Lou.

]]> By: markm http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6471 markm Tue, 07 Aug 2007 21:19:41 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6471 <p>Are the Chinese actually hoarding dollars? Do they imagine that little pieces of paper with green printing actually have intrinsic value?</p> Are the Chinese actually hoarding dollars? Do they imagine that little pieces of paper with green printing actually have intrinsic value?

]]> By: Artd0dger http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6470 Artd0dger Tue, 07 Aug 2007 20:31:10 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6470 <p>So true. Mercantilism never dies: the Chinese are hording money like the 17th century Spanish horded gold, and it will get them about as far.</p> <p>If the first fallacy of economics is "the seller wins, the buyer loses," then the second is to play tit-for-tat when encountering the first.</p> So true. Mercantilism never dies: the Chinese are hording money like the 17th century Spanish horded gold, and it will get them about as far.

If the first fallacy of economics is “the seller wins, the buyer loses,” then the second is to play tit-for-tat when encountering the first.

]]> By: trav.is http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6469 trav.is Tue, 07 Aug 2007 20:27:36 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6469 <p>In his native Mandarin it's: "Liu Dhabbs."</p> In his native Mandarin it’s: “Liu Dhabbs.”

]]> By: trav.is http://www.coyoteblog.com/coyote_blog/2007/08/wherein-i-answe.html/comment-page-1#comment-6468 trav.is Tue, 07 Aug 2007 20:26:47 +0000 http://coyote-blog.com/wordpress/2007/08/wherein-i-answe.html#comment-6468 <p>In his native Mandarin it's: "Liu Dhabbs."</p> In his native Mandarin it’s: “Liu Dhabbs.”

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