"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek 1984

(kinda) A great website to share if you have no idea how to explain the downfall of the US economy.

Edit: Thanks to everyone who provided insight on this website. I’ve had this in my bookmarks for a very long time and was curious how it held up.

  • LalSalaamComrade@lemmy.mlEnglish
    91·
    7 months ago

    Not an USian, neither an economist, but I can’t help but notice how this also the same period when the red-scare “activism” starts subsiding in the 50-60s, almost as if the quid pro quo was involved behind the backs of the public, passing policies in their favor. These rich scumbags were waiting for the response lag to hurt the working class at an exponential scale as the time passes.