{quote} Russia is an imperfect democracy still in the infantile state but it's steadily improving and, unlike the US, is not spending money willy nilly as if there is no tomorrow. China is a dictatorship plain and simple although it tries to show itself otherwise. On the other hand China was the #1 economy of the world for more than 2000 years even during the time of the Roman Empire that had a great economy for over 1000 yearsYou might conclude that China is trying to recover its past economic glory but this is not the case since an article...
Social networks all over the world is full of guys like you my friend, mainly paid trolls with fake multiple accounts, sometimes spreading fake theories which emphasizes the negative aspects of the Western powers.
The problem is that you guys are too obvious in your influence stand, grossly obvious !
"Facebook Dilemma" doc. expose you guys, and you really have gone too far to be credible today with your anti-American inept BS.
I mean, nobody can be that stupid to think that a frozen money supply can do any good when recessions, since any sane economist knows damn well what means a deflationary spiral and what extreme harm can possibly do for everybody. Sooo, "printing" it is.
Printing/government-led-inflation is indeed a way to transfer the burden of a macro failure to the tax payer. But a crisis must be supported by everybody, tax payers included... as a small price to pay for freedom... well, for money launderes and tax evaders like you less, true
Not to mention that inflation is still a myth, buddy. Just a dream for anti-American trolls
It's a fact that lowering of interest rates has not increased the supply of money enough to make the prices of goods rise faster than wages.
Also the crypro morons fail to grasp that declining in the purchasing power may happen also in limited money supply crypto environment. Because bitcoin does not provide some sort of freeze in the purchasing power.
It's entirely possible for purchasing power to decline without vast increases in the supply of money! The price of housing is the best example.
Always a pleasure to talk to you, my friend !
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