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Joined 9 years ago
Joined 9 years ago
Most economists, not all economists. And most of those economists are the ones destroying economies, in my opinion.
If you're interested in reading a counter-viewpoint on why deflation is actually good – it's the policies aimed at countering it that are really what's bad – here you go: https://mises.org/blog/deflation-always-good-economy
If you read back through the hierarchy to my comment here[1], you'll see that I ask the hypothetical question, What if gay marriage were rolled back in the U.S.?, to make the point that currently you'd have to move out of the country to escape the law. I do not believe in rolling it back! I used it as an example of a law/idea where there's a difference of opinion among worldviews.
We're actually on the same page here, gnaritas. People should have equal rights, regardless of their race, gender, sexual identity, etc. Nobody should be forcing their worldview on others. But that's exactly what the federal government does by making decisions that affect everyone. Every decision they make is made from a specific worldview. It's impossible for them to make a decision that complies with every unique worldview out there.
Who gets the money printed by the Federal Reserve first? Banks, where wealthy bankers then loan the money to others who are wealthy enough to be accepted for the loans. By the time the money reaches the poor and needy, inflation has already taken hold.
My point is, in the hypothetical situation that a state did allow child labor – which I do not at all condone – people could choose not to buy products from that state, as people already do in not buying products from certain brands and countries that use child labor.