So laissez-faire with an allowance?
What do you regard as "basic" law and order, meaning what would you propose be excluded that is now included? And what happens when a major recession hits?
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Dalio goes full retard, likes MMT
- Thread starter nooby_mcnoob
- Start date
What do you regard as "basic" law and order, meaning what would you propose be excluded that is now included? And what happens when a major recession hits?
So laissez-faire with an allowance?
What do you regard as "basic" law and order, meaning what would you propose be excluded that is now included? And what happens when a major recession hits?
What causes recessions? Lack of growth in metrics that matter only to economists. I like the approach that Yang wants to take which is fuck GDP, focus on humans.
I tried to figure out a nicer way to say this but just couldn't come up with anything better than to ask why you're still talking then?What I say is irrelevant.
The whole 2008 recession was pretty damn harmful to a bunch of humans outside the finance world. The great depression was crushing for a good chunk of the humans on earth at the time. The premise that recessions are reflective only of meaningless numbers that don't impact humans isn't a sound one.What causes recessions? Lack of growth in metrics that matter only to economists. I like the approach that Yang wants to take which is fuck GDP, focus on humans.
The whole 2008 recession was pretty damn harmful to a bunch of humans outside the finance world. The great depression was crushing for a good chunk of the humans on earth at the time. The premise that recessions are reflective only of meaningless numbers that don't impact humans isn't a sound one.
In my system described in detail above, it wouldn't have happened.
That's a pretty bold claim, congratulations on outsmarting pretty much every economist who's ever studied the subject? Why not exactly?In my system described in detail above, it wouldn't have happened.
The common person in Venezuela will say your statement is the absolute truth. Of course if you don't think Venezuela peso is magical money you don't know the definition of magical money. The kids in the street have bundles of them which they paste together into soccer balls.Of course with hyperinflation it buys next to nothing.Magic money is equally distributed to the people.
MMT if adopted will lead us down the same path.
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The common person in Venezuela will say your statement is the absolute truth.
That's real socialism. I'm talking about "take this, gtfo, don't fuck it up"
MMT if adopted will lead us down the same path.
I agree, I'm not talking about MMT. MMT is socialism for the connected.