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You're a Free-market Capitalist, right anon?
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You're a Free-market Capitalist, right anon?
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Of course.

I dont know how anyone without at least a somewhat capitalist mindset makes any money at all.
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>>1385192
Subscribing religiously to any kind of ideology is what morons do, you need to cycle between fiscal conservatism and fiscal liberalism in times of economic affluence and crisis.
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>>1385207

Economic crisis sorts itself out very quickly in the free market though. Government involvement prolongs it.

It's no coincidence literally every developed nation got this way via capitalism.

Just look at Chile as a fine example.
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>>1385210
>Economic crisis sorts itself out very quickly in the free market though.
>1929
>Great Depression begins
>Just let it sort itself out guise
>1933
>A-any day now, just you wait g-g-guise
>New Deal begins
>Depression suddenly over

And lmao, using Chile as an example just shows how uninformed and disingenuous you are. They might have had a period of "free-market" (the copper industry never became fully privatized) but they did cycle between fiscal conservatism and liberalism during the 80's. Furthermore, you're literally saying it takes an authoritative government to enforce a free market.

Learn your history m8, otherwise you risk looking like a retard.
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>>1385229
>Learn your history m8
Uhh anon,not him, but the US wasn't operating under a free market pre new deal, the Fed itself had a hand in the crash and prolonging it.
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>>1385229
Also, take the 2008 crisis for example, the US immediately began to ease liquidity and credit rates while Europe stayed in austerity mode. 8 years later and the ECB is finally adopting NIRP and QE policies because they realized austerity will not take them out of a recession.

>>1385233
The Fed failed at not injecting liquidity to banks, and yes, America and most of the developed world was fiscally liberal pre-great depression, that's why keynesianism was such a revolutionary theory during the 30's
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>any form of intervention
>free market
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>>1385229
No one is saying that the government shouldn't interfere in a free market.

The reason the depression prolonged itself was due to the very fact the Fed didn't act in time.
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>>1385241
>The Fed failed at not injecting liquidity to banks, and yes, America and most of the developed world was fiscally liberal pre-great depression, that's why keynesianism was such a revolutionary theory during the 30's

Yes, but my point is using that time as an example why liberal economic policies fail, when the reason it become such a bad depression was that the Fed failed to act appropriately, doesn't really work. However your point on the recession is correct, thanks to the Fed's reaction the US economy recovered faster then Europe. Since you brought up Keynesians though, I would point out they were wrong about later Fed policies on QE
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Of course Milton. I have openly accepted the non aggression principle and believe trade should be freely done without regulation of 3rd parties.
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>>1385241
>America and most of the developed world was fiscally liberal pre-great depression

I meant to say conservative. Pre-great depression no one even thought governments could get involved in managing the economy (except maybe commies, but we're talking in a capitalistic framework). Granted after 50 years the model stagnated at we had to go back to fiscal conservative which resulted in further growth until 2008 where all the flaws became evident and we had to switch back yet again to fiscal liberalism, when we again stagnate in a few years we're going back to easing regulation. That's why I said subscribing religiously to one or the other is what morons do.
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>>1385251
>I would point out they were wrong about later Fed policies on QE

How come? QE was a reaction to the USD deflating and risking becoming another Japan, all the fear mongering about hyper inflation was completely wrong, America is still struggling on keeping a 2% inflation after 3 rounds of QE.
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>>1385192
Yes otherwise they would be on /lgbt/
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>Free-market

Actually no. Nobody sane advocates for a free-market system, just fringe crazies. I favor somewhere between mixed market and socialist approaches, with the later becoming more necessary as ladders of class mobility begin to collapse.

>Capitalist

You're only a Capitalist if your money works for you rather than vice versa. Introducing yourself as a Capitalist is like a medieval peasant introducing himself as a Baron because he lives under Feudalism.
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>>1385675

Get out of my board, fucking commie.
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>>1385249
>The reason the depression prolonged itself was due to the very fact the Fed didn't act in time.

Except that this is the exact opposite. The unemployement rates didn't reach double digits until the government started intervening, in a matter of fact it was already begining a recovery.
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