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947

I bet the pentagon or wherever supposedly does central planning for the USA is empty and the building is just for show.

Maybe it's full of dusty pinball machines and a single fridge full of 1990's snapple.

It's as if the people in control of the USA don't plan to stay here. Maybe they're planning on going to Israel, or were before it became apparent Israel's done for.

What are we doing here, as a country?

Is the totality of the USA's priorities jacking up property prices?

Is that really it? That's what the USA's big plan is? Market fixing schemes, get "rich", and then retire abroad somewhere that hasn't been as damaged by incompetence and neglect?

I bet the pentagon or wherever supposedly does central planning for the USA is empty and the building is just for show. Maybe it's full of dusty pinball machines and a single fridge full of 1990's snapple. It's as if the people in control of the USA don't plan to stay here. Maybe they're planning on going to Israel, or were before it became apparent Israel's done for. What are we doing here, as a country? Is the totality of the USA's priorities jacking up property prices? Is that really it? That's what the USA's big plan is? Market fixing schemes, get "rich", and then retire abroad somewhere that hasn't been as damaged by incompetence and neglect?

(post is archived)

[–] 0 pt

Central Planning always fails

What? That's not true at all. China's doing great and our economy is centrally planned. Economies don't arise organically because without laws governing transactions you can just stick a gun in someone's face and tell them to give you everything they've got.

[–] 0 pt (edited )

Don’t confuse correlation with causation. Chinas current apparent success is based on those sections of Chinese economy that are free to adopt emergent behavior free market capitalism. The CCP has delusions of grandeur whenever they try to claim credit. The smart members know it and are terrified of the implications.

Mercantilism is not free market capitalism. Mercantilism fails over time due to its quasi-central planning and syndicate nature. Those sections of US economy subject to mercantilism forces are currently imploding along with all centrally planned sections.

Economies arise as a consequence of trust. High trust groups need no transaction enforcement. Low trust groups require high level security to protect transactions. The goal should never be high security, as that is fundamentally inefficient and adds an unnecessary premium on transactions. The goal should be to develop high trust groups and maximize transaction efficiency.