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guise government enforced monopolies are terrible

guys why are you blaming the rioters when you can blame capitalism (the root cause)

hahahhaha shit I just saw this gem wow just wow just wow just wow WOW

I've never posited riskfree, I've just said that keynesianism generally trends from the fact that in the modern era governments can't be seen to 'do nothing' in response to crises. It's a great way to build up political capital and destroy actual capital.

yep little real world use except in all electronic devices ever little real world use incredible conductor

Given a big enough lever, etc...

If you say "the US has a free market health system and look how bad it is" someone will take you behind the sheds and hit you with a baseball bat

The vast majority of roads and transport expenditure is state based which is funded by the GST... so... Health funding well that's a poison pill anyway as we are ultrafucked in the long run. You promise free healthcare to people and they're going to start expecting it. This is one situation in...

They're divested much in the same way that trusts are. Sitting on money earns interest, spending money incurs consumption taxes, etc. Having nil corporate taxation saves us money (tax churn, wasted money on corporate accounting and auditing etc) and no back and forth on deductibles and the rest...

taxing companies is fucking retarded anyway, tax income (if you have to) and tax consumption, taxing companies is as stupid as taxing trusts (they will try to do it in australia)

There is one instance where a massive monetary expansion worked to offset a depression and that was in the gold rush in the US in like the 1840's. The influx of gold meant that the m3 expanded massively offsetting a collapse. M3 increased like 100x over so a comparative stimulus that would...

Cutting taxes during a recession works when it's not just for a small amount of people. Cutting taxes across the board is a valid stimulus, br8s. Reducing govt spending as a %GDP is the best way to get economy growing because people end up having more money in the long run.

so you don't believe people should own property and people should be free to trade and exchange with one another? Oh okay.

one trillion not big enough fucking hell it was considered massive back then - biggest stimulus ever and when actually proven to not gave worked people are like lol 'no we needed much much more' ugh blunt policy tools.

why would you side with the losers (the poor) when you could side with the winners (the rich [liberals])

ahahahhahahahahaha you fuckin retard

Also Keynes said to DRASTICALLY cut spending during booms, it's in the general theory you should check it out man

booms happen because go on

I think that's the whole point, a swift liquidation of capital is far better than wasting billions in the interim to try to put on hold that liquidation (that the usage of that capital for that use, whatever it is, is in and of itself unsustainable). Keynesianism just makes us all poorer and...

hahahahahahahahahahahahaha yep because that's what happened in the 70's Keynesianism has been thoroughly disproved both philosophically and in reality. Relegate it to the scrapheap of history.