Central Banks Are Destroying Our Economies \ stacker news ~econ

Central Banks Are Destroying Our Economies mises.org/mises-wire/central-banks-are-destroying-our-economies

291 sats \ 25 comments \ @Undisciplined 28 May econ

By André Marques

Central banks intervene in order to “create demand,” and then they intervene in order to try to mitigate the damage they caused earlier. This is a never-ending scenario of economic destruction.

Rothbard on inflation:

The supply of funds for investment apparently increases, and the interest rate is lowered. Businessmen, in short, are misled by the bank inflation into believing that the supply of saved funds is greater than it really is. Now, when saved funds increase, businessmen invest in “longer processes of production,” i.e., the capital structure is lengthened, especially in the “higher orders” most remote from the consumer.

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43 sats \ 3 replies \ @didiplaywell 28 May

What fascinates me is how successful they have been to always make themselves look as the godsend saviours of the problems only they create.

11 sats \ 2 replies \ @Undisciplined OP 28 May

They have Stockholm Syndrome working to their advantage.

21 sats \ 1 reply \ @didiplaywell 28 May

In my experience from speaking to common people while I was deep down in politics, it's not even that, but a pristine ZERO knowledge and awareness on anything related to the matter. Some people even thought that the whole problem was caused by "daemons"

0 sats \ 0 replies \ @Undisciplined OP 28 May

It probably differs by electorate.

42 sats \ 19 replies \ @Hamstr 28 May

Just end the fed, parliament in English/UK and whatever equivalent in other countries. Humans or the free market will find a way. They're importing more cattle, simply because they know the end is coming.

10 sats \ 18 replies \ @Undisciplined OP 28 May

I have a feeling that a lot of what they’re doing is because they think the end is coming.

21 sats \ 17 replies \ @Satosora 28 May

The end in what way?

62 sats \ 16 replies \ @Hamstr 28 May

Americans aren't having children, so if a country has fewer children, you don't have growth and less debtors/slaves to keep the country running. This destroys the system, so by importing new cattle/immigrants you gain new debtors(that are born/indoctrinated) under the guise of freedom, if you've been following along with @Lux then a lot of this make sense.

Also, have you noticed they aren't even encouraging Americans to have children? In S. Korea, the government won't shut up about it. They'll even support the family that does have children after two. They'll help fund the child's education and whatever. But even then few Koreans, Japanese are having less children. Which is insane because the people in these countries are krazy smart.

21 sats \ 2 replies \ @Satosora 28 May

Immigration has always been important to the USA. It is a shame we are having less children, but all developed societies end up this way. There is not enough support in the system to have many kids like in the past.

20 sats \ 1 reply \ @Hamstr 28 May

Well, from what I've seen in the US. Many Mexicans move to the US and live with extended families, so a typical 5room house can easily accommodate that. But the next generation of those children aren't going to want to live in extended homes. They'll want to have their own place and this has economical effects like having less children. Economics plays a huge role to if people will have children too. Afterall, we're not obligated to bare children.

10 sats \ 0 replies \ @Satosora 28 May

In general, they are catholic. They will keep having children. Maybe after a few generations, they will stop having as many.

20 sats \ 12 replies \ @Undisciplined OP 28 May

South Korea is in an unprecedented genetic collapse, though. If the current fertility rate doesn't increase, it will be the fastest population collapse ever recorded.

Up until now, that record is held by the Native American population after first contact with European diseases.

41 sats \ 8 replies \ @Hamstr 29 May

I feel like they're so many Koreans, I find this impossible unless we witness a "Spanish Influenza" like event again. Even though many people died during COVID-19, many survived too. Unless someone's got a graph of death to birth chart we can look up? @TomK

31 sats \ 1 reply \ @Undisciplined OP 29 May

There are lots of Koreans now, but the next generation will have many fewer, as will the one after.

I’m talking about inter generational population decline.

5 sats \ 0 replies \ @Satosora 29 May

Its happening everywhere, right?

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10 sats \ 4 replies \ @TomK 29 May

Sorry, but in the case of Covid I refuse the official opinion of the 'deadliest pandemic ever'

42 sats \ 0 replies \ @Satosora 29 May

Me too. I think they really tried to pull the wool over everyones eyes on that one.

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10 sats \ 2 replies \ @Hamstr 29 May

Was it labeled, “Deadliest pandemic ever” Really? That's a bit of a stretched. Goes to show, I'm not reading CNN, BBC or whatever.

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10 sats \ 0 replies \ @Satosora 29 May

I dont think people died from covid....many were reported but it wasnt true. Even cancer patients died of covid, everyone who was dying during that period was labeled as a covid death.

21 sats \ 2 replies \ @Satosora 28 May

South Korea and also Japan. They dont have the public works to support having children. What really bothered me in Taiwan is that they are exploiting having babies. Companies have a spa service so that they take advantage of the house sitting after childbirth. I feel it really takes away from the family structure and traditions.

10 sats \ 1 reply \ @Hamstr 28 May

it is, so the state can indoctrinate the child. Thus, it doesn't belong to the family but to the "state." Who will want to have children with such a bleak future like that? The solution is to END the FED, or point some guns to those that take away freedom.