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Cake day: February 16th, 2025

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  • https://saifedean.com/the-fiat-standard-chapter-11

    This ones got a good section on the great depression.

    “The imposition of trade barriers in turn resulted in a further deterioration of economic conditions in the countries imposing them, even as their own citizens suffered from these very policies. The governments imposing such barriers, and the economists advocating them, would of course never admit that inflation, increasing centralization, and protectionist policies caused the progressively worsening depression. Instead, political leaders blamed other countries and local ethnic minorities. Years of scapegoating and growing hostility toward foreigners and minorities came to a head in 1939. The world’s totalitarian fiat regimes began to turn on each other and on their ethnic minorities. Hayek had identified this threat to global peace in his “Monetary Nationalism and International Stability” lectures in 1937.”







  • turnip@lemm.eetoPolitical Memes@lemmy.worldTariffs
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    2 days ago

    Why does Europe like tariffs so much if tariffs are so bad?

    I’m assuming its Europeans themselves that are asking for the tariffs, and they have tariffs between countries in the EU as well, so what makes Europeans different from Americans. You’d assume they wouldnt have too different an outlook.


  • turnip@lemm.eetoPolitical Memes@lemmy.world*Tap tap tap*
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    6 days ago

    If the US is following Project 2025 that means they really will have 3% cap on money supply growth?

    The goal on the tariffs is really to erode foreign tariffs and allow unadulterated actual free trade between countries?

    I read it and those two stood out to me the most.