andrey v oni

Engineer | Writer | Entrepreneur

[andrey v oni @andreyvoni]

@ATLCWorker My freedom are rich enough to be afraid of socialism. I cant hate it and be free at the same time.

[Brivael Le Pogam @brivael]

A huge share of young people now believe the problem is capitalism.

In the US, 62% of 18 to 29 year olds have a favorable view of socialism. In France, far-left Jean-Luc Mélenchon leads among 18 to 25 year olds in every 2027 scenario.

They're right about one thing: something is broken. They just have the wrong culprit.

The problem isn't the market. It's the State. And only the State.

Let's go back to the two crises they've been fed since school as proof that "capitalism collapses on its own."

Start with 1929. They're told about crazed speculators on Wall Street. What they're not told: the Federal Reserve tightened in 1928 and 1929 to cool the stock market. Then, as banks failed one after another from 1930 on, it watched. It did nothing. Between 1929 and 1933, the US money supply collapsed by a third. Nearly a third of all banks vanished.

A crash didn't cause the Great Depression. A central bank strangling the money supply did.

And that's not me saying it. It's the Fed itself. In 2002, Ben Bernanke, future Fed chairman, addressed Milton Friedman on his 90th birthday: "Regarding the Great Depression. You're right, we did it. We're very sorry."

Then the State piled on. The Smoot-Hawley tariffs in 1930, which helped crater world trade. A top marginal tax rate hiked from 25% to 63% in 1932. Then Roosevelt, in 1933, banned Americans from owning gold, bought it from them at $20.67 an ounce, and revalued it at $35 a few months later. A 40% devaluation with the stroke of a pen.

Now 2008. Same story: greedy bankers, deregulation. Look instead at who was pulling the levers.

After 2001, Greenspan cut the Fed's rate to 1% in June 2003, the lowest since 1958, and left it there for a year. Free money is a policy decision.

Fannie Mae and Freddie Mac, the two giants of American mortgage lending, were creatures of the State, backed by an implicit taxpayer guarantee. Starting in 1992, Congress imposed "affordable housing" quotas on them. To meet them, they bought $700 billion in subprime securities between 1997 and 2007. In 2003, an internal Fannie memo admitted that because of those goals, it was taking risks it would never have taken otherwise.

September 2008: both were placed under federal conservatorship. Then the State bailed out the banks with the money of people who had decided nothing.

Privatize the profits, socialize the losses. That's not capitalism. It's the exact opposite.

And behind all of it lies the original sin: they broke money.

As long as the dollar was convertible into gold, the State couldn't print without limit. On August 15, 1971, Nixon closed the gold window. "Temporarily." Fifty-five years later, it has never reopened.

Since then, the dollar has lost nearly 90% of its purchasing power. US federal debt went from about $400 billion to $40 trillion. A hundredfold.

Mises and Hayek described all of this back in the 1920s: artificially cheap money creates booms that always end in busts. Hayek won the Nobel for it in 1974. Nobody listened.

When you can print, you stop making trade-offs. You spend, you inflate bubbles, and when they burst, you print more to put out the fire. Every bailout sets up the next crisis.

That's the real mechanism. A central bank setting the price of money the way Gosplan set the price of bread. Governments guaranteeing risk to buy votes. A currency diluted to pay for all of it. And every time it blows up, the same defendant: the market.

Young people are right to be angry. Housing is out of reach, their savings are melting, their future is mortgaged by debts they never voted for.

But capitalism didn't do this to them. What replaced it did.

You don't cure poisoning by raising the dose.

[andrey v oni @andreyvoni]

@YinkaThatGuy One was preplanned and with the intention of murder and other was an accident and not preplanned.

[andrey v oni @andreyvoni]

@fevzy19 A factual take: if you hate communism your right are taken away, no opportunities, and prison time. You can’t criticize the system or politicians.

[andrey v oni @andreyvoni]

@Kadotttt You can’t hate socialism and yet live free. It’s prison, no rights, no opportunities. Just a slave.

[andrey v oni @andreyvoni]

@jackvlloyd I wonder how our economy would do if we got rid of the regulations that hurt us.

[Le Contemplateur @LeContempIateur]

Se moquer des Blancs → C'est possible.
Se moquer des non-Blancs → Racisme.

Se moquer des hommes → C'est possible.
Se moquer des femmes → Misogynie.

Se moquer des hétéros → C'est possible.
Se moquer des LGBTQ → Homophobie.

Se moquer de la droite → C'est possible.
Se moquer de la gauche → Fascisme.

Se moquer des catholiques → C'est possible.
Se moquer des musulmans → Islamophobie.

Se moquer des Français → C'est possible.
Se moquer des étrangers → Xénophobie.

Se moquer des conservateurs → C'est possible.
Se moquer des progressistes → Intolérance.

La liberté d'expression pour les uns, la censure pour les autres.

[andrey v oni @andreyvoni]

@visegrad24 Poland impeach him now and get a new, Brussels, Obama and the internationalist will destroy your country. They can’t have a country that is homogenous and Christian and has real freedom work because it’s an example to th rest of Europe of what a real society is.

[andrey v oni @andreyvoni]

@ozgal1965 It’s a witch hunt

[Richard @ricwe123]

The Germans are learning what mass immigration really means.

"Wir schaffen das"

[Jade Warwick @TheJadeWarwick]

UK judge gives Russel Brand 10 years 6 months for “rape”.
No forensic evidence. No DNA. No CCTV.

Same country and system:

Gave Hadush Gerberslasie Kebatu
12 months in prison for offences including sexual assault of a 14-year-old girl, sexual assault of an adult woman, attempted sexual assault, inciting a child to engage in sexual activity and harassment.

[andrey v oni @andreyvoni]

@PerodyMertesack @paalhhagen You support Muslim raping women in your country that get less time than that?

[Jen @JenX_78]

@leonhill Meanwhile in the UK Russell Brand is sentenced to 10 years because some skank who shoved her tongue up his ass immediately after meeting him has decided that all of a sudden 20 years later their consensual sexual encounter was assault.

[Catarina Senora Gatita @WyattCatarina]

Don Peebles is a democrat and he's NOT holdin' back. Here he's with Charles Payne's show.
“Republicans did not cause this. The left wing of my party did. Decades of NIMBY rules restricted housing supply and drove up costs. People upset about housing just need to look in the mirror.”
They started the fire. Watch!👀

[Anticommie @QueenAnticommie]

It’s weird that no one has pointed out that Prince Andrew isn’t going to prison but Russell Brand is.

[Amy E. Sousa, MA Depth Psychology @KnownHeretic]

King County thinks it's the king of everything, with a divine right to rule over the rest of Washington.

But look at the map. I-638 passed in 35 of 39 counties, with margins as high as 85% in Garfield and Lincoln. Statewide: 56% YES.

King County doesn't get to overrule the state. Respect the will of the people. #I638

[andrey v oni @andreyvoni]

@ZAvtomobil @edfraser @antikommunistic False, they got it from America in 1948. Spy gave the formula. No USSR didn’t figure it out.

[andrey v oni @andreyvoni]

@tanpukunokami Perfectly said, we need this more in our society.

[Austrian Economics Center | Hayek Institut @AustrianCenter]

Quote of the Week | Frédéric Bastiat

[andrey v oni @andreyvoni]

@ZAvtomobil @edfraser @antikommunistic The atomic bomb, if America wanted they would have conquered the USSR in 1946.