S o T o S p e a k | Ep. 945 | Keynesian Collapse
Jan 28th 2023 1:38pm EST
The Keynesian experiment and socialism may differ somewhat in form, but they have the same end result: Societal collapse. Rational resource allocation eventually breaks down in both cases because monetary systems can’t survive being decoupled from the scarcity of physical reality or the preferences of the people who exist within it. Human preferences are infinite; […]
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