• YosemiteGromit@lemmygrad.ml
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    23 hours ago

    The worst part about Keynesian economics is that it scapegoats the capitalist class which shouldn’t exist in the first place. They get away with not paying Jack shit because people believe deficit spending is this neat little inflationary trick that doesn’t hurt the capitalist class on the back end because they control prices. After our debt crisis when the dollar loses its world reserve status the system will blame social programs instead of its inherent rot born of profit.

    • eldavi@lemmy.ml
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      29 minutes ago

      After our debt crisis when the dollar loses its world reserve status the system will blame social programs instead of its inherent rot born of profit.

      that’s already been happening and i bet it’ll kick into overdrive after the petro-dollar goes away