Central banks and governments pretty much already committed to drive a planned economy. EU subsidises farmers (among others) to sell goods at cheap prices, whic

Central banks and governments pretty much already committed to drive a planned economy. EU subsidises farmers (among others) to sell goods at cheap prices, which causes consumer prices to drop and in the end the ECB says inflation is too low, so let's print money to buy more gov bonds. Governments then use the money to subsidise something else distorting the markets and it loops back to disinflation and the central bank printing even more money. It's a joke. Might as well just admit, semiconductors or not, the future of the economy is with the politically preselected winners who get the subsidies and the loans. Risk premiums, collateral, macroprudential regulation, insurance and so on is for the peasants.