Message from @BetterAntispam
Discord ID: 772252900365303808
this is the only channel that fully indorses anarchy
!d bump
Some country's need Keynesian economics
Austrian economics is always better in the long run
Keynesians tend to stacking up inflation over long run
austrian economics lmao
Keynesian? Austrian? Chicago!
https://www.youtube.com/watch?v=7uAUoz7jimg
@beni well the most importent missunderstanding of keynsesn politics is that its an theorie about money and most economics forget that part of it is, to reduce money in a high inflation phase and increase goverment investments in an deflation. Do not know australien school i am gesellianer where john maynard keynes said:
The world will learn more from gesell as from Marx.
And i know why.
In the long run we are all death.
> @beni well the most importent missunderstanding of keynsesn politics is that its an theorie about money and most economics forget that part of it is, to reduce money in a high inflation phase and increase goverment investments in an deflation. Do not know australien school i am gesellianer where john maynard keynes said:
>
> The world will learn more from gesell as from Marx.
>
> And i know why.
@hororizon44575
It seems good on paper but Keynesians are barely able to reduce money supply during inflationary phase (good times) the amount the pump into market during crisis or recession is never compensated completely in the long run.
> austrian economics lmao
@OprahWindFury
I am not surprised a commie don't know what it is.
@beni well i looked it up yes hayek bulshit i know
i mean why would anyone increase cost for money in an deflation phase
No, you are getting it wrong. The best thing to do during deflationary phase is to let free market recover without interfering in it.
Money velocity is determined by the availability of goods and services as well as sentiments of people not amount of paper in circulation. Keynesians fail to understand that.
if you do that banks will increase the cost for there money which leads into economical collaps
if you do not believe look at "wunder von wörgel" an economic crises becouse of no money in the system
Increasing cost of money does not mean economic collapse. Real value is not in the fiat currency but the labour done and goods produced, it will delfate currency and adjust itself.