The soviet union ultimately failed because it mispriced everything which meant shortages grew
In the west we have recessions because the central banks mal-price credit (favoring feudalism over work)
this will "misprice" government and quite quickly as people will not be allowed to say what they really want their government to prioiritise.
The soviet union ultimately failed because it mispriced everything which meant shortages grew
In the west we have recessions because the central banks mal-price credit (favoring feudalism over work)
this will "misprice" government and quite quickly as people will not be allowed to say what they really want their government to prioiritise.