07 May 2024

Do People Really Believe the Government Will Fix Things?

From Cafe Hayek - The Depth of Economic Ignorance Is Unfathomable

To everyone – left, right, and center – who believes that the market economy can and will be made to operate better if more power to superintended and intervene in the economy is given to government officials, spend the less than two minutes it takes to watch this performance by the current Chairman of the U.S. president’s Council of Economic Advisors. Then tell me, or tell even just yourself, why you have the faith that you do in government.

We are already printing so much money that its a problem. If one of these yahoos has their way, we will have hyperinflation. I guess there's a good chance we're headed there anyway.

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