| ▲ | boppo1 21 hours ago | |
I took multiple econ classes in college. Just because it's in the books doesn't mean it's true. Not to mention some of the books we studied were contributed to by people involved in the interventionist monetary regime. LIRP scooped the guts out of the middle class & handed it to the tech industry and I've seen nothing convincing to the contrary. Expecting everyday people to learn about inflation and manage a portfolio to try and make sure their earnings aren't eroded is borderline class-war. And I'm no socialist. | ||
| ▲ | margalabargala 21 hours ago | parent [-] | |
Did you miss the part in the classes where depressions happened ever decade or two before current policy? Those who refuse to learn from history are doomed to repeat it. History spent a lot of time being deflationary, and most of that time had abysmal economies for anyone who wasn't nobility. | ||