That is without a doubt the biggest line of BS. It's a talking point without facts.
tdsrnest wrote:
That is without a doubt the biggest line of BS. It's a talking point without facts.
What would you know about facts?
Perception Is The Putrescence Of Politics And The Plague Of The People
(Article with a lot of detail)
In the following piece I want to lay to rest any notion that the accepted state of the economy has anything to do with any other than perception. My hope is that by the end there will be very few that can continue to believe there is anything left to the idea that the underlying economy is either strong or improving; a perception substantiated by current market valuations rather than a reality substantiating current market valuations.
Capitalism is, in its most honest and basic form (i.e. its true and only form), simply the trade off of something for something else, with the value of trade being determined by supply and demand dynamics on both sides of the t***saction. Thats it. And so then it becomes a very difficult task to understand how that can be the evil force so many around the world attribute to capitalism. It is also a very trying task then to see how the current system has anything to do with capitalism. But as does Krugman with Keynesian economics the definition of things that most dont understand very well can be easily mutated for public consumption to make a particular stance seem much stronger than t***h would merit. And there is that other evil term that goes hand in hand with capitalism, merit.
http://www.zerohedge.com/news/2015-06-02/perception-putrescence-politics-and-plague-people
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