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The dubious glories of Central Planning

Russia, China and the USA

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"Let the markets do what they want to do"

Russia and China tried to create more farmers and ended up creating famines.

What's the excuse of the US?

They're trying to create a risk-free world with guaranteed profits for a handful of chosen banks.

"When do you stop the tinkering?"

The theory of central banking is that a government agency can "smooth out" the economy and the markets.

How long will this delusion be maintained?

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