yea but its about *who* is benefitting

and under pinochet, the people did shit

@GoldenGail3 pinoshit killed everyone who opposed him

so that included commies

argentina also had a US supported military dictatorship in the same time period

obviously they ran up a massive foreign debt which ruined the economy

you know

classic third world right wing economics

cut taxes, borrow foreign currency, increase interest rates (which makes economic growth low, which makes it hard to get enough capital to pay back the foreign debt, which leads to hyperinflations)

its actually a vicious cycle

@Green Syndicalism I heard that there was an anti-commi right-winged dicator that spent his days hunting commies in his country...

because once youre in that situation

the IMF loans you MORE MOney

under even stricter regulations

which make it even harder to pay them back

and it goes on an don

@GoldenGail3 isnt that basically all of them lol

@Green Syndicalism no

chile and argentina were both terrible on that front

I mean Hilter killed comnies and captalists alike

no i wasnt talking about him tho

friedman advised pinoshit to kill all economists who disagreed with him

good guy friedman

nazism is authorative shitty thing

tbh its mindblowing that anyone looks on friedman as a great economist

he had the simplest, dumbest and most empirically false system of beliefs

somehow still has credibility

What did I miss

My phone died

just read it lol

I see

Hold up

Pinochet only killed communists

Basically wiped them out

and remember allende was a socialist

and was elected in 1970

so there was a lot of commies back then

do you know which school of economics you support? @EJGalecio

Lemme see

this should be a snap answer if you knew economics

My major is not economics