Keynesians believe that if there is a bout of inflation, central banks can slowly guide the economy to a “soft landing” which minimizes unemployment and income losses. Such policies, however, only leads to further boom-and-bust scenarios.
Keynesians believe that if there is a bout of inflation, central banks can slowly guide the economy to a “soft landing” which minimizes unemployment and income losses. Such policies, however, only leads to further boom-and-bust scenarios.
Totalitarianism is not compatible with a functioning economic system based upon free exchange and private property.
This might sound radical or extreme, but the US somehow managed to get along for more
