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Politics : Formerly About Advanced Micro Devices

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To: sylvester80 who wrote (1129380)4/11/2019 6:41:21 PM
From: RetiredNow  Read Replies (1) of 1574489
 
You obviously didn't read my post. You repeat what I said as if I disagree with you. Socialism for the 1% (QE) is a bad thing. We agree. Socialism for the 99% (MMT or Democratic Socialism) is also a bad thing. That's where we disagree. You think it's a good thing. However, this historical record proves that both of those Socialisms will destroy our economy as surely as night follows day. The QE of the last 10 years has already created so many malformations, malinvestments, and destructive forces in our economy that it's impossible not to see. I don't want more of that, but rather, I want a complete reversal of what's already been done and a return to capitalism where rates are set by the free market, not by the Fed.

That's where you and I part ways. You want more QE, but this time for the 99%. That will complete the destruction of our economy, its institutions, and our country. The end will be poverty on a scale never before seen and tyranny. You think you want that, but you really don't, if only you could see clearly the consequences that will bring.
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