Why Do We Have Government Intervention in Money?
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- Опубликовано: 9 апр 2024
- Larry Lepard talks about Keynesian economics and why growth at all costs leads to increasing government intervention in monetary policy.
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So just put everything on a credit card and the economy will blossom. How 3rd grade. The reality is that innovation attracts capital properly. Let the market decide what’s worthy and whats fraudulent. From time to time a little Keynes money printing can help keep things temporarily liquid but that should be very rare and limited.
Now we have Keynes on steroids it’s called MMT ,Modern Monetary Theory. Janet Yellon loves this
You just kinda like throwing stuff you don’t like together and acting like they’re all the same then huh? Sure, these are all liberal things, but they are in no way the same or even overlapping lol
Yes iam from Philippines iam significant control the world trade
Government intervention is inflationary, the free market is deflationary. How’s that for simplification?
Bought more btc tonight
This great explanation needs a little expanding. Still it's pretty darn good. There are some pros and cons that need consideration. "In the long run were all dead" ! The illusion of economic stability an be quite valuable, even if it is just an illusion.
Robert - you need to address the JQ
This is an extremely reductionist (maybe overly modern) idea of what Keynesian economics is about. It was never “growth at all costs” it is about mitigating long run disaster. The argument always started from the perspective that the government can spur demand to create unemployment when unemployment is too low for too long.
Growth at all costs is not a Keynesian idea, it is a capitalist idea and applies to neoclassical economics just as much.
EW Keynes Yuck
What nonsense. You can't boil keynes down to growth at any cost. Capital as an economic system is tied to growth at any cost. The keynes model saw the longest continuous equality and prosperity in modern times. Reagan and Thatcher screwed everything through their ideological neo liberal policies. Google productivity vs. wage renuneration since the 1930s. This is a settled fact.
Criminals!!!!!!