Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 534504071089094679
an caps best caps
LOL
ancap has never been tried
I’m not even an an cap but I respect an caps
Boom and bust cycles are a result of supply-side economics. Every time we cut taxes and deregulate there is a crash.
And seniors have Medicare
@Neco2040 no we don’t
Tax cuts don’t cause recessions
Tax cuts don’t and never will cause recessions
What cause recessions are credit expansions
And loose monetary policies
Not deregulation
It was regulation in 2008 that caused the crash
Seniors having Medicare is nothing to do with hospital waiting times.
@bandit yeah but the most free market economies do the best
so lets take it to the absolute extreme
So if we free the economy up@more we do better
The free market allocated resources the best
10/10 logic
Allocated *
Allocates
10/10 logic if anything works we need to take it to the extreme
I mean the gilded age was a good example
Working hours went down while real wages increased
The period of huge economic expansion
But there was still not a free market
ok so lets take it even further
even though it has never been tried ever
I mean I’m not for it anyways
Just a thought
I’m just against the FED, Keynesian economics
they cause boom and bust cycles
Austrians have it right
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ I know we disagree on a lot of stuff but you'd really like this study http://borisnikolaev.com/wp-content/uploads/2014/08/Economic-Freedom-and-Quality-of-Life.pdf basically goes into much greater depth about the data behind the graph you posted earlier, with the same result
Damn that’s huge
I agree with it tho