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On Fri, 24 Dec 2021 00:18:01 -0800 (PST), whit3rd <whit3rd@gmail.com>
wrote:
Is that why we don\'t have telephones, railroads, gas and oil, cars,
ICs, shipping, airplanes, food?
--
I yam what I yam - Popeye
wrote:
On Thursday, December 23, 2021 at 11:08:13 AM UTC-8, John Larkin wrote:
https://wolfstreet.com/2021/12/22/end-of-easy-money-global-tightening-in-full-swing-fed-promises-to-wake-up-in-time/
This mess reinforces my contention that nobody should be in charge of
economies, and especially not economists.
There\'s nothing in that article to support that idea.
The worst of past economic upheavals were the ones handled by
laissez-faire principles; that\'s what \'nobody in charge\' means,
and it\'s a known way to fail.
Is that why we don\'t have telephones, railroads, gas and oil, cars,
ICs, shipping, airplanes, food?
--
I yam what I yam - Popeye