"The Federal Reserve sets interest rates, blah blah"
Oh, crap. If the Fed said "This year make 10 millon cars, drill 10K wells, build 10 M houses, build 1000 miles of interstate, produce a billion hulu hoops, and open 500 megamalls, that would be a centrally planned economy. Now this is a CPE..
The five-year plans for the development of the national economy of the Soviet Union (USSR) ( Russian: ?????????, pyatiletka, literally: "five year-er") were a series of nation-wide centralized economic plans in the Soviet Union.
en.wikipedia.org
"Then let's talk about Obamacare. The US healthcare industry is also the very definition of central planning, with centrally set prices and government exchanges managing everything. Then there is Social Security, which is the largest centrally planned Socialist program in the world.
LMAO. No. that's just the same old nonsensical rhetoric we've been hearing since 1935. Prices are set by providers, exchanges hook up consumers and private sector health insurance companies, and SS is a pension plan. |
