Comments by "Tony Wilson" (@tonywilson4713) on "Why Republicans Can't Save Economy" video.

@rjung_ch You are right nobody really needs an Aston Martin. But the people who make them and the people who make all the bits that go into them do need somebody to buy them. You'd be right saying they could be doing something else, but if you don't have those few companies pushing the technology limits then development can simply stop. We wouldn't have things like safety cells, airbags, and ABS brakes if there weren't companies like Aston Martin. The problem isn't there are Aston Martins. It isn't even the person who can afford one. Its the people who can afford 1 for each day of the year. The Sultan of Brunei is rumoured to have a bunch of Ferrari F40s. Not a bunch of Ferrari's this is a bunch of just 1 type and most have barely been driven at all. That's simply absurd. The real problem are the super rich who collectively hoard TRILLIONS of Dollars, Euros, Pounds, Yen and other currencies in tax havens.
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So which MMT or MMT sympathetic college professor have you been listening too? Mark Blyth, Adam Tooze, Stephanie Kelton,..... Or do you listen to geopolitical people like Peter Zeihan?
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@thiosemicarbizidebenzoylal2921 Yeah I know that. Freidman was the guy behind both Reaganomics and Thatcherism. Thom's done a couple of great exposés on neoliberalism and at least 1 book. He's covered the history of how Freidman and others started their crap in the 1940s and had to wait until the 1970s to unleash it.
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