Comments by "Quizmaster China" (@QuizmasterLaw) on "Battlestorm Stalingrad E7 - Operation Nord" video.

TIK really needs to stick to central banks
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16 brave soviet soldiers STUCK TO TANKS
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Milton Friedman's not naive. Neither is Hayek. I don't even think Mises is naive. Sure, there are people who have thought more intently about banking and economics and have written volumes on it: but TIKs economics is basically correct.
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Jack Shit You mean communist soviet unterpanzern?
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@BrorealeK Hayek and Friedman are basically quite correct. Mises less so. But even Mises is sooo much better than Keynes....
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@TheImperatorKnight what if people advising others to "buy the dip" are lying? though, frankly, Austrian school is like Marx in constantly predicting an inevitable economic crash. For Marx it's capitalist over-production and exploitation (=underpayment) which leads to the inevitable crash. For Austrians its the inevitably inflationary fiat currency. Just like liars advise others to "buy the dip" so also the gold bugs (some believe the Austrian school others parrot it, what if some of them are lying too) those Austrian gold bugs are always wanting to get gold. Gold's a good store of value at least until we discover gold in Antarctica or the moon or even just some convenient asteroid. That's the problem with specie currency: the monetary supply is still not finite and fixed.
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@TheImperatorKnight cyclical boom and bust is inevitable in capitalism if only because of weather and seasons not to mention invention or discovery. Predicting a recession -- or a boom! -- is easy. But WHEN and HOW LONG they last -- no one has done that particularly well (some have tried).
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covered in flies pretend their raisins soaked in petrol use it for camping
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@johnlavers3970 I don't know how much you have studied economics but the fiscal (=budget, tax, monetary) policies Friedman advocate ended the recessions which Keynesian thinking trapped us all in between 1974-1980 and led to a very long economic boom basically from 1984-2008. There was a one year S&L crisis and a 3 month stock drop but otherwise the best performing global economy in human history. In other words, you're full of shit. Like most wrong this is a self correcting problem: having wrong ideas and persuading others to adopt them is no easy matter and mostly the people with wrong ideas got their from flaws which make them ineffective persuaders. Keynes was the exceptional person able to tout nonsense and make others believe it.
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