Austrian Revivalist on Nostr: Fiat money and Keynesianism is a global problem. Inflation data is manipulated ...
Fiat money and Keynesianism is a global problem.
Inflation data is manipulated everywhere and reported as being less than actual numbers.
Releasing Money supply data is everywhere a 'trust me bro' exercise that is unreliable.
It's an epidemic that has been a primary cause for the rise of socialism in the last century.
Extensive welfare, freebies and subsidies exist everywhere in the world which has fiat money, whether it's a democracy, one party system, dictatorship, monarchy or oligarchy.
Inflation data is manipulated everywhere and reported as being less than actual numbers.
Releasing Money supply data is everywhere a 'trust me bro' exercise that is unreliable.
It's an epidemic that has been a primary cause for the rise of socialism in the last century.
Extensive welfare, freebies and subsidies exist everywhere in the world which has fiat money, whether it's a democracy, one party system, dictatorship, monarchy or oligarchy.