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You are right that this won't happen by itself. We need another economic system, and not just hope that this time things will magically fix themselves.
by nextaccountic 5y ago
You are right that this won't happen by itself. We need another economic system, and not just hope that this time things will magically fix themselves.
- georgeplusplus 5y agoThis new economic system you want has been in use since the 70s. Everything about the economy is practically socially managed these days. What part of printing trillions of dollars to stimulate economic productivity is somehow a free market system?
- nextaccountic 5y agoI wasn't talking about free market, but the state of present economy. Unfortunately, those trillions of dollars aren't being distributed to the people, but instead is concentrated in the hands of the richest.
- georgeplusplus 5y agoIm pretty sure the people got 5000$ on average in stimulus checks at the tune of 9 trillion dollars these last few months.