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Poisonelle Misty
CNBC Television
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Comments by "Poisonelle Misty" (@PoisonelleMisty4311) on "Republicans walk out of debt ceiling talks, say White House isn't being 'reasonable'" video.
Monetarism and Fiscalism are two economic theories that have been heavily criticized for their role in creating income inequality and poverty. These theories center around the idea that governments should manipulate the money supply in order to control the economy. This can lead to an unfair distribution of wealth, as those with more money are able to benefit more from the manipulation of the economy. Additionally, these theories can lead to a decrease in investments, as the risk-incentive structure becomes less appealing. This, in turn, makes it more difficult for small businesses to gain a foothold in the economy. The current economic system has proven to be extremely detrimental to many citizens, which is why the government should strive to create a new economic system. This system should not be based on any ideology, but rather on humanism and the idea that everyone should have the opportunity to live their American dream. The government should focus on creating policies that will reduce income inequality and poverty, while also creating an environment conducive to investment and entrepreneurship.
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