Frank Lee

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Frank Lee

Frank Lee

@FrankMLeeFML

Gun & history nerd. Rothbard & Mencken fanboy. Theoretical physicist (dumb PhD cost me my 20's). Proud Busan kid. 자랑스런 부산아.

NowherE, USA Beigetreten Temmuz 2024
119 Folgt121 Follower
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Frank Lee
Frank Lee@FrankMLeeFML·
I finally wrote a thing and interneted it. Read it hard and show it to your mom; I'm sure she'll like it. fmlatrine.com/p/president-of…
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Frank Lee
Frank Lee@FrankMLeeFML·
@BobMurphyEcon Post something dumb and get millions of views. Now you know what it's like to be catturd.
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Robert P. Murphy
Robert P. Murphy@BobMurphyEcon·
i make jokes about capital theory: 8 hearts i make jokes about credit cards:
Robert P. Murphy tweet media
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Frank Lee
Frank Lee@FrankMLeeFML·
@clnuponaisle5 @scotthortonshow @DennisMarburge1 I don't know if you knew about this already, but in CPI, the scumbags at BLS don't use house prices directly. Instead, they use some bogus made up shit that's something like hypothetical replacement rent or some such.
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Michael Scarn, Star of Threat Level Midnight
@scotthortonshow @DennisMarburge1 I found that post you shared the other day to be interesting about how the BLS was assessing health insurance prices. I don't spend enough time staring at the propaganda numbers, but good God, what a bald faced act of book cooking the liars, damned liars, and statisticians did.
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Frank Lee
Frank Lee@FrankMLeeFML·
"...expenditure reduction and the reprioritization of public spending through targeted subsidies and improved provision of education and healthcare for lower-income segments of society, viewed as a form of human capital investment; tax reform aimed at broadening the tax base with moderate rates; interest rate liberalization; a competitive exchange rate; trade liberalization alongside limited and temporary support for nascent domestic industries..." "Beyond the contributions that brought him fame, Williamson’s efforts to emphasize economic stability, engage logically with business cycles, and develop frameworks for the more effective management of exchange rate fluctuations firmly established him among the leading scholars of economics." Looks like socialism to me.
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Oscar Grau
Oscar Grau@ograu90·
@rothbard_brasil The decline of the Mises Institute is very evident when pieces like this are published. How can an institute considered to be Rothbard’s legacy allow an explicit and laudatory defense of the Washington Consensus that raises absolutely no objections to it? mises.org/mises-wire/mem…
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Oscar Grau
Oscar Grau@ograu90·
While the Mises Institute will probably continue to benefit for quite some time from the prestige built up over decades, Hans-Hermann Hoppe's latest testimony further highlights the Institute's moral and intellectual decline. My piece in @rothbard_brasil. rothbardbrasil.com/the-mises-inst…
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Robert P. Murphy
Robert P. Murphy@BobMurphyEcon·
@A1an_M but how many spell their name A1an the walls are closing in, A1an buy stuff while you can
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Alan
Alan@A1an_M·
@BobMurphyEcon All Visa card numbers being with 4.
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Frank Lee
Frank Lee@FrankMLeeFML·
I have to say, not that you should necessarily care about the opinion of some rando internet "faux Rothbardian" as you put it, but your behavior on X has really changed my opinion of you. I used to respect you quite a lot after reading your writing and seeing your talks, and even though I still have some respect for you despite all this, I can't help but notice how petty and disrespectful you are to your fellow ancaps. It is true afterall what Rothbard said, just because someone is a good libertarian, it really doesn't mean he's also a good person generally.
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Frank Lee
Frank Lee@FrankMLeeFML·
Milei is basically Argentina's Donald Trump currently. His ancap rhetoric was just the typical politician's ruse to get elected. The vast majority of his actions/policies have been unequivocally anti-libertarian. Anybody who claims to be an ancap while strongly supporting Milei definitely should have his true motives questioned. I feel like this is obvious. Imagine someone claiming to be a libertarian while taking every opportunity to praise Trump. Would you really take that person seriously in 2026? x.com/i/status/20420…
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Per Bylund
Per Bylund@PerBylund·
I've not seen either of the people you mention praise any of the objectionable statements or policies of Milei; they've only celebrated the rather libertarian policy changes and results. After all, people are multifaceted, which makes them "an easy target for the all-too-familiar type of the 'intellectual nitpicker': the type who gets obsessed or even enraged about one particular statement or comment made by someone and consequently roundly rejects and condemns anything and everything said or done by this very person."
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Per Bylund
Per Bylund@PerBylund·
@feritobr @SDLPeru Right, you can obviously read his mind and therefore know that he's lying in what he says. You have not surprised me one bit. I had hoped you would, but it's clear you're pure trash.
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MisesLover69
MisesLover69@MisesLover69·
This clown literally argued that if you stopped further expansion of fiduciary media & froze the monetary base (as Hoppe proposed), that *hyperinflation* would essue lol. Why? Because Milei believes the demand for the peso would collapse to zero, based on the unsubstantiated presumption that the peso is a form of credit money. He believes that the market anticipates the peso will eventually be redeemable in USD, & that this drives MOST OF THE DEMAND for the currency lmao. He also thinks that if a contraction were to occur & the govt repudiated its debts, that ALL pesos would be driven from circulation. Both are fucking nonsensical for obvious reasons. 1. People haven't been holding pesos for the past 50 years thinking they'll eventually get dollars at a favorable exchange rate 😂 2. Not all pesos would be destroyed in the aftermath of a contraction in fiduciary media. It'd still remain in circulation, just as the dollar did prior to the FED. 3. Hoppe never proposed undergoing such a contraction! You can backstop existing demand deposits, institute full-reserve requirements, & *then* freeze the monetary base going forward. This would serve to freeze the broad money supply, without risk of monetary contraction. 4. Even in the event of such contraction, it wouldn't be the end of the world. A bust will occur regardless of whether there's a contraction or a freeze in the broad money supply. That's unavoidable. 5. You could back the remaining pesos in dollars if you so wish, just as the dollar was backed in gold before the FED. 6. I THOUGHT YOU WANTED TO DOLLARIZE?!?! Driving the peso from circulation is kinda the goal, correct? I thought you wanted the separation of money & state? The mf doesn't even know what he wants lol. Milei knows fuck all about monetary affairs. He could've pulled a Germany Post-WW2 & crushed practically all inflation overnight, but instead he half-assed it & is dragging out the pain with his pragmatist gradualism. Not to say everything would be smooth sailing under Hoppe's proposal. The demand for the currency may fluctuate in anticipation of future expansion (from his political opposition returning to power). Painful reforms hurt your political prospects, but he's already secured power for the next couple years! He could easily undergo these reforms & the economy would be roaring by the end of his term, securing further political influence in self-perpetuating cycle, but he's either too chicken shit, stupid, or compromised to think this far ahead.
DutchLibertarian@LibertarianDuty

Javier Milei on Hoppe | HE IS A LIBERIDIOT

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Oscar Grau
Oscar Grau@ograu90·
The Milei phenomenon demonstrated that most libertarians can be just as susceptible to government propaganda and political sensationalism in favor of statism as the average voter. At the request of Hans-Hermann Hoppe, a short article for @propfreedom. propertyandfreedom.org/2026/04/the-tr…
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Frank Lee
Frank Lee@FrankMLeeFML·
There is no room for debate on Milei for ancaps. Can a person who does the following be considered a libertarian at all, let alone a Rothbardian? - Appoint previous admin swamp creatures he called "evil" in the past - Allow the central bank to increase the money supply by a factor of 4 over the first two years in office - Continue price controls on the dollar - Call certain taxes "less bad" and then increase them - Increase military spending - Establish an Argentine equivalent of the FBI while publicly praising J Edgar Hoover - Escalate the war on drugs - Be a rabid Zionist and promise to convert to Judaism despite being Catholic - Be a neocon in favor of the Ukraine War, Gaza Genocide, and NATO There are many more. You and I both know the Mises Insitute would not have tolerated a pro-Reagan propagandist for very long as a Fellow during the 80's. Rothbard correctly saw Reagan as the anti-libertarian scum he was in near real time. Milei is the equivalent now, and anyone who cheerleads for him consistently as HdS and Bagus do should be permanently dissociated from the MI, if it cares at all about Rothbardian principles. Did the anti-Milei faculty at MI publicly criticize the MI leadership for promoting Milei propagandists? The difference is obviously that Hoppe has been adamant about this and other issues and is unafraid to speak the truth to the people he thinks are responsible. He was ousted for bringing uncomfortable truths to light, something the MI itself promotes as a virtue. If you honestly think Hoppe deserved to be kicked out for trying to steer the MI back to sanity, then I think you should spend some time to reflect. We outsiders can only speculate about what is actually going on, given that the MI leadership hasn't been forthright even with Hoppe himself. To us, it really looks like the MI has sold out its principles at the behest of some anti-libertarian forces. Unless you guys give us convincing explanations and evidence to the contrary, we principled Rothbardians will consider the MI a lost cause.
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