I like how every layman said that this is what was happening but in the moment you could find half a dozen ‘economists’ on national news networks explaining it as if it was all just normal and no one was benefiting from it. Economics is a fake science, it’s not even worthy of the title social science. It’s literally just learning how to justify rich peoples actions and nothing else.
Your thinking of the stock market. The basic principles of Economics are alive and well. Despite all the screwed up stuff the basics of supply and demand have held true the entire way.
Just like any other field of study, you can buy an expert pretty easily. It doesn’t mean Economics is fake. It Means those guys got paid to say that by someone like the US Chamber of Commerce. (Which isn’t a government agency, no matter how much they try to seem like one)
I like how every layman said that this is what was happening but in the moment you could find half a dozen ‘economists’ on national news networks explaining it as if it was all just normal and no one was benefiting from it. Economics is a fake science, it’s not even worthy of the title social science. It’s literally just learning how to justify rich peoples actions and nothing else.
Economics is just astrology but for bros in business suits and without all the fun parts of astrology.
Cocaine and hookers aren’t fun?
They’re not part of astrology. (Yes, yes, I’ll make my own astrology etc. etc.)
Your thinking of the stock market. The basic principles of Economics are alive and well. Despite all the screwed up stuff the basics of supply and demand have held true the entire way.
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Just like any other field of study, you can buy an expert pretty easily. It doesn’t mean Economics is fake. It Means those guys got paid to say that by someone like the US Chamber of Commerce. (Which isn’t a government agency, no matter how much they try to seem like one)