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michael
Robert Reich
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Comments by "michael" (@michaeld4861) on "You've Been Lied to About Inflation I 10 Economic Myths Debunked #9" video.
@MelMelMelDrMEL Increasing profits doesn't increase profits? Okay Mr. I-so-smart.
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@KevinThomas-ok2ev No they don't. Keynesian economics literally built the world while Free Market nonsense has been a disaster everywhere. ie the current crisis, the asian financial crisis, the great recession, all the shock therapy programs. Endless financial crisis etc. etc.
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We literally refer to the Keynesian period as the golden era of economic growth.
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Raising interest rates also crushes small businesses concentrating more power at the top and allows wall street to buy up competitors for pennies on the dollar.
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