> I'm curious to know in what way you think FDR/Keynes got it wrong.
No, you shouldn't be. I'm just a random guy on the internet.
>> But why mess with the price signal? So that you can pick and choose winners and losers.
> Actually it's to regulate/moderate economic activity.
You see how you miss the point while restating my point? It's as though you're trolling me. We've literally said the same thing.
Ah well, I definitely can't read your long post, as well intentioned as it is because it's too long and I've already spent far too many years debating this stuff.
But thanks again. Maybe someone else will indulge you. I just happen to lack the energy and inclination.
It's simply a matter of first principles and values: If you believe in central planning and control of human activity, then you'll choose your adventure that way. If on the other hand, you don't want a cabal choosing winners and losers, and you truly believe in free markets, for money and everything else, then you'll choose a different path.
You and I can pontificate all day about our chosen interpretations of history, but to what end? You've already made up your mind. I used to believe what you do and buried interlocutors under endless citations extolling central banking.
What does debate with strangers accomplish? Nothing really.
No, you shouldn't be. I'm just a random guy on the internet.
>> But why mess with the price signal? So that you can pick and choose winners and losers.
> Actually it's to regulate/moderate economic activity.
You see how you miss the point while restating my point? It's as though you're trolling me. We've literally said the same thing.
Ah well, I definitely can't read your long post, as well intentioned as it is because it's too long and I've already spent far too many years debating this stuff.
But thanks again. Maybe someone else will indulge you. I just happen to lack the energy and inclination.
It's simply a matter of first principles and values: If you believe in central planning and control of human activity, then you'll choose your adventure that way. If on the other hand, you don't want a cabal choosing winners and losers, and you truly believe in free markets, for money and everything else, then you'll choose a different path.
You and I can pontificate all day about our chosen interpretations of history, but to what end? You've already made up your mind. I used to believe what you do and buried interlocutors under endless citations extolling central banking.
What does debate with strangers accomplish? Nothing really.
Anyway, merry Christmas and happy new year.