this post was submitted on 18 Mar 2025
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A Boring Dystopia

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[–] [email protected] 1 points 3 days ago

it's not just america. the entire west had to switch from the keynesian system to the friedman system after america and the uk's pinochet experiment. unfortunately friedmans system doesn't work if everyone does it; and the patch is currently to take advantage of the poor as new loan takers are born every day and it's currently the only way to inject more cash into the economy.