20 sats \ 2 replies \ @Satosora 18 Oct \ on: Chinese Authorities to Stop Economic Cleansing econ
"Austrian Business Cycle Theory tells us that recessions are an indication an economy is healing." This is the very important, which many people dont realize. Its important to have peaks and valleys, so that society and economy move forward.
write
preview
20 sats \ 1 reply \ @Undisciplined OP 18 Oct
That's not my view, at least not to the extent we currently have them. I'd say that valleys are inevitable after an artificial peak.
reply
36 sats \ 0 replies \ @Satosora 18 Oct
Its because we arent allowing the economy to heal. When we are pumping in all this excess money to "help," it just makes it worse.
reply