Dusty Bake Activate
Fukk your corny debates
Defending Milton Friedman in 2019 is just 
Like, no...seriously.
Like, no...seriously.
Milton Friedman being a douchebag
- Thread starter Dusty Bake Activate
- Start date
theworldismine13
God Emperor of SOHH
Defending Milton Friedman in 2019 is just
I know being a socialist is whats hot in these streets but Im not a follower
Dusty Bake Activate
Fukk your corny debates
I didn’t say that because of trending popular opinion. I said it because there’s about 4 decades of empirical data that indicates Friedman’s ideology in action are a futile indefensible disaster...not even mentioning the sheer illogicalness of some of his most fundamental assumptions about society and the human condition.
nikka endorse MMT or Keynesian economics then rather than the proven dipshyt that is Friedman.You constantly showcase your own ignorance to alternatives when you assume it's a binary choice, you've show thousands of times on this forum that you're utterly incapable of nuance or admitting to being a dipshyt who was wrong.
theworldismine13
God Emperor of SOHH
Last time I checked the USSR doesn't exist anymore and China has had the greatest reduction in poverty in history
the sub prime market was because of deregulation of the practices of the banks..
and wall street incentivized the pushing of bad loans...
did you actually study the issue ?
theworldismine13
God Emperor of SOHH
Let A Fro Be A Fro
Superstar
You could have posted literally any video of Milton Friedman and the thread title would still be accurate.
milton friedman is trash, he was literally just there to sell greed being good, who can possibly buy into that argument? its laughable. what he said on Donahue was moronic. donahue asked a question about inequality and this fakkit is like "you think china runs on virtue?" what about ism, nobody fukkin asked you about china. i dont know how anyone with a brain could ever believe his arguments. yeah forget what your parents told you, its good to be selfish and greedy lmao people wanting to rationalize their shytty behavior
dude is doing nothing but parroting the talking points. its always governments fault. never the fault of the capitalist, ive heard the shytty argument of it somehow being the govs fault for 2008. its like these morons that say the new deal was bad and FDR actually extended the depression, or these people that claim nazis were actually socialist. straight up mythology.
Dusty Bake Activate
Fukk your corny debates
Voice of Reason
Veteran
You constantly showcase your own ignorance to alternatives when you assume it's a binary choice, you've show thousands of times on this forum that you're utterly incapable of nuance or admitting to being a dipshyt who was wrong.
What happened to this brother?
This is false. The conservative talking point is "oh the government gave FHA loans to a bunch of broke people who couldn't afford them". The mortgage crisis was caused by speculation on the high end of the market. There isn't enough money on the low end side to destroy the economy. The US still has trillions of mortgage-backed securities on the books; covering for Wall Streets shytting bets.
Just like the current crisis is caused by the speculators who bought up all that cheap real estate with free government money thinking they could rent AirBnBs to billionaire status.
EDIT: I'm an Obama stan but his administration adopted the "Let's bail out Wall Street to stop the economy from imploding" approach. Here's the current Federal balance sheet, I think about 1/3 of it is mortgage backed securities (can't find the number). Federal balance sheet size 2007-2023 | Statista
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