/biz/ - Business & Finance

>>9541314
THIS

Austrians are right.

>>9455368
>>9455293
>>9455329
>marx
>keynes
>hitler
Why do people listen to absolute brainlets on economic matters?

Please kill yourself.

>>7772012
this video is retarded FUD

Enjoy being wrong
Fuck you and fuck central banking.

>>6627243
USA was far better economically BEFORE the federal reserve.

>>6627359
>Induce spending
Spending isn't always a good thing.
Artificially low interest rates that cause less underconsumption and capital investment simply result in malinvestment and waste.
See the dot.com bubble and housing bubble.

>correct sticky prices and sticky wages
Another keynesian fairy tale.
https://mises.org/blog/slow-wage-growth-could-be-thanks-%E2%80%98sticky-wages%E2%80%99

>I do actually so did keynes.
No, both of you don't.
Man I debated with a keynesian here the other day that unironically believed that the capitalist dictates the wage of the worker and the labour market doesn't have anything to do with it.
Keynes wanted the state to put a price control on the interest rate.
If you believe in S/D you understand why price controls don't work.

>passed econ 103
Seeing how universities are filled with overpaid government subsidized pieces of shit that refuse to let anyone question their theories and get mad cash from central banks and bankers to spew their bullshit, I'd say econ 103 is mostly garbage.
Enjoy your SJW women's studies degree

>if you can give me a real academic to read up
Rothbard, who destroyed many of keynes' work. Robert Murphy is also good.

>google it
That's not an argument.
It is a meaningless fucking term created by leftists.
There's nothing new or "liberal" about the modern world.

>actual socialism
I never said it was actual socialism, just social democracy like demark or whatever, that mixed with corporate welfare.
In my opinion it's just leftist bullshit.
A real free market is far superior and has way more growth.

>Switzerland is fairly neoliberal.
No, they're economically free.
They have a central bank, yes, but they practice inflationism/keynesianism the least.