Aristotle-to-Ricardo-to-Hayek turn the double play way better than Plato-to-Rousseau-to-Rawls
> With interest rates today cut to 1.5 percent, i.e., given inflation, nominally negative, we're in for substantial deflationWell, the economy shrinking, that may not be a bad thingAnd I suspect that the usual "equation" for that includes other relevant variables, like the overall state of the economy, which probably balances out.
It seems as though greedy, dishonest capitalists are destroying capitalism.
Anony:This isn't about fraud--which, in some ways, makes it more troubling.
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