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There's too much risk of privately-funded research having a hidden agenda, which has been proven time and again. Do you really want research on the risks of smoking to be handled by the tobacco companies, or science research to be handled by corporations interested in "proving" their products aren't harmful? I don't.
There's not much I agree with in this post, but I agree with this point.
I really don't want the determination of "truth" to be handled by Facebook, Twitter and Google.
It seems like you're saying central planning would have worked better than free supply and demand. It might have in that case, but it doesn't work in most cases.
But we have plenty of central planning going on now, as I said. The Fed's interventions and bailouts. And the tax-payer funded vaccine development.
The pandemic has been an excuse for the rulers to increase their power.
No where close to communism - the feds control the money supply, not own all private property and not controlling what gets produced with what resources. I think you need to relook at the definition of communism.
- Communism is an economic ideology that advocates for a classless society in which all property and wealth are communally-owned and distributed, with central control of production.
No where close to communism - the feds control the money supply, not own all private property and not controlling what gets produced with what resources. I think you need to relook at the definition of communism.
- Communism is an economic ideology that advocates for a classless society in which all property and wealth are communally-owned and distributed, with central control of production.
Never let facts get in the way of the ops good stories about their fear of things
No where close to communism - the feds control the money supply, not own all private property and not controlling what gets produced with what resources. I think you need to relook at the definition of communism.
- Communism is an economic ideology that advocates for a classless society in which all property and wealth are communally-owned and distributed, with central control of production.
We are going towards communism, as the central bank owns more and more shares of private business.
You think it's perfectly ok for central banks to have unlimited power.
I don’t really have an opinion on it because I don’t know all the ramifications on both sides to have a valid opinion ...all I know is what works for me or how to play what I am dealt .....
I don’t bother wasting time dwelling on what I can’t control.... I just take lemons and make lemonade , that is all I know with enough knowledge to have an opinion on.
I don’t pretend to be an amateur arm chair economist or wannabe armed with half a head of knowledge on the subject
I don’t really have an opinion on it because I don’t know all the ramifications on both sides to have a valid opinion ...all I know is what works for me or how to play what I am dealt .....
I don’t bother wasting time dwelling on what I can’t control.... I just take lemons and make lemonade , that is all I know with enough knowledge to have an opinion on.
I don’t pretend to be an amateur arm chair economist or wannabe armed with half a head of knowledge on the subject
If you prefer to stay ignorant, why not ignore my posts on this subject? Why should it bother you if I don't want to be ignorant?
Blind faith in experts is destroying this country. People underestimate their ability to read and understand.
But unfortunately we are quickly losing our free market economy in the US. Central planners who think they are geniuses have taken control. The Fed decides who gets bailed out. The Fed buys corporate bonds, and indirectly buys equities. Central banks are buying up businesses. How is that free enterprise?
You really don't like these low interest rates. Isn't that so?
You really don't like these low interest rates. Isn't that so?
No non investors like them..they still don’t understand that at higher rates and higher inflation they still have negative real returns
Last edited by mathjak107; 09-27-2020 at 10:32 AM..
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