"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.

  • oo1@kbin.social
    1·
    7 months ago

    Wow, they’re dumber than I thought if they think this makes their point.

    Although then again, their general ideals have swayed the more mainstream of many large western governments and international financial institutions for 40-50 years.
    So there must be something to this tactic of making a hotch-potch of random graphs.

    • orrk@lemmy.world
      2·
      7 months ago

      because the average statistical literacy is somewhere below the ability to point out Kirghistan?