What is Nostr?
freddms / Fred Johnston
npub1cpv…arth
2024-08-16 17:03:19
in reply to nevent1q…4z7q

freddms on Nostr: Well..... Hold on a sec... Reagan gets the credit, but the USSR was in steep decline ...

Well.....

Hold on a sec...

Reagan gets the credit, but the USSR was in steep decline LONG before Reagan. I want to give Reagan all the credit but he gets 10%.

It is a fact that Centrally controlled economies ALWAYS fail. China will fail. US on it's current path, will fail.

ALL current socialist/communist countries have significantly less living standards than the LESS centrally directed countries! I say 'less centrally' because we have NO democracy or republics left. They have all gravitated to centrally controlled.

So why?

It's the money. The Government controls the the circulation of money so they can ALWAYS print and enrich themselves (and their doners). Then regulate private business to the point of compliance with Government influenced by special interests monopolies).

Historically this always fails, we go badk to hard money (it's been the gold standard) and representitive republics and democracies re-emerge.

Hardest money the last few thousand years: Gold.

Hardest money today: #Bitcoin.

Bitcoin will win - either soon or the next bust in a 100 years!

Never the less, thank you Reagan for finishing off the USSR. Russia should be thankful too (and I think they are).
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