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When you replace a "central planned" public economy by a "central planned" private economy you have not done anything at all. The problem is being "central pla
by forgottenpaswrd 15y ago
When you replace a "central planned" public economy by a "central planned" private economy you have not done anything at all.
The problem is being "central planned" in the first place. Companies should not grow to a level in witch they get profits from monopolies and privileges, but for giving a service for the people.
We are learning this the hard way, in the west we have institutions that are "too big to fail". The politicians solutions? Make them even bigger so they can trick the people for a while until it makes a bigger boom in someone else election year.
The Federal Reserve and the ECB are central planning our economy and it is not working for the general population.