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There's a steady history over the last 200 years of the economy becoming much less cyclical. Are you suggesting we return to the wild chaos of the booms and bu
by bryanlarsen 3y ago
There's a steady history over the last 200 years of the economy becoming much less cyclical. Are you suggesting we return to the wild chaos of the booms and busts of the 1800's?
- gndk 3y agoYes. Either that or get used to 10-20% inflation.
- boppo1 3y agoYes. We're having booms and busts anyway if you haven't noticed.
- bryanlarsen 3y agoLOL. Busts in the 1800's led to people starving to death. Nobody from that time period would call 4% unemployment a bust
- boppo1 3y agoInclude discouraged workers in that stat.
- bryanlarsen 3y agoIn a recession in the 1800's a "discouraged worker" would be thrilled they could buy food.