Guess you learn something new every day

Keynesians jump over joy because WW2 gave them a stimulus that was so large it "recovered the depression"

but it didn't

But was it real growth? Real growth is production of what people demand, thats entrepreneurship and not central planned.

An economy is so complex, you can't have GDP to measure it's success. Maybe in a primitive economy, but thats not the case anymore.

@toast

What do you believe in anyways?

It's been an interesting few days because like, Thursday, I was a hardcore liberal

lol

Then I actually met conservatives for the first time in my life

what about economics

Whats your belief

No I am talking about economics

o

I'm leaning towards more fiscal conservative now tbh

I see

It just makes more sense with the data

But I don't know enough about the subject to declare one way or another

Mhmm okay

What do you think about the free market?

Okay see this I actually have strong opinions on because I really hate too much government interference in the free market

ye

It has rarely worked in favor of the people

yea

What about a gold standard?

I know nothing about that

A money backed by gold

and the stopping of the increasing money supply

so the money supply doesn't increase

only if the gold increases

I haven't done much research on that

But logically it seems like it would prevent government manipulation

Mhm

Which could lessen the chances of inflation

What about deflation?

Idk

I've rarely heard economic discussions over anything but taxes

I'd reccomend a reading if you want to learn more

I've already started doing some of my own research

But theres many economic theories anyways

the mainstream is what you call Keynesian