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0 sats \ 2 replies \ @Rothbardian_fanatic OP 29 May \ parent \ on: The Immorality of Keynesian Economics econ
Yes, this is the result of raising the time preference of people in this country. There are no savings, therefore no investment. And, no, what the state does is not investment, they only consume. When the give aid to people, it is to spend, without saving and therefore no investments. Now, immigrants are coming for all the freebies from the pockets of the taxpayer, therefore crowding out taxpayer savings. We are now swirling down the toilet because of what you descirbed!
If I totally agree, although I do not consider that immigrants take the money of the taxpayers, that only happened in the past that governments used tax money, today I dare to say that the theft they apply to each of us (taxes) will stop to the pockets of politicians. In this century and under Keynesian doctrine, the State does not need to take money from citizens through taxes to carry out public works. Recall that the State has the ability to print the amount they need to cover all the expenses that government management can generate, so if they have that ability to create money from nothing, because they continue to remove money as a tribute? Because they are stealing us, there is no other reason.
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Stealing money through inflation hits the people further from the source of the newly printed money the hardest, thus get the most value fo money stolen. It is still theft whether they take it in taxes or inflation (only the increase in the supply of money).
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