@OccuWorld Painfully true. That same lie of Reaganomics taken from the “Horse and Sparrow” bastards.
https://hartmannreport.com/p/is-the-horse-and-sparrow-economic
Then they usually try and shift to talking about Keynesian models which is more market manipulation, as shown in some (cheesy but rather clever) rap battles.
https://mises.org/library/brilliance-hayek-vs-keynes-rap
#KeynesVsHayek #HorseAndSparrow #Reaganomics #BoomAndBust #SocializedLosses #PrivatizedGains
Is the "Horse & Sparrow" Economic Scam Returning?

Back in 1896 & 1929 people didn’t need a detailed multi-decade, multi-country analysis of Horse & Sparrow to know it was bad news: the Great Panic & the Republican Great Depression convinced everybody

The Hartmann Report

Today the US government took over a failing bank and sold it to our largest bank. In order to sell it, it had to use $13,000,000,000 taxpayer dollars to split insurance on uninsured funds. Once again, we socialized losses of banks whose gains are private. Once again, we were told it was far better than the alternative.

So, what is the alternative? Well, the alternative is to unmask the system as a complete scam that redistributes wealth away from those who need it most. The maneuver was a slight adjustment to a house of cards.

#bank
#FirstRepublic
#SocializedLosses
#AgeOfImpunity
#finance

"Banks are a scam and all people working in one or supporting the fiat system are working on sustaining pure evil."
I'm not at all surprised why many crypto professionals now return the favor.

#socializedlosses #bankbailouts #creditsuisse #CBDC #BankRuns

https://www.youtube.com/live/VdCNCe1bWfs?feature=share

Markets and Contagion

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Kai Ryssdal (@[email protected])

RT @petchmo @kairyssdal $7,192,788,542 in PSP funds. Doesn't include contract awards that could reasonably be considered relief money.

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