Top Tweets for #EconomicsFail
@GamerMermaid93 @ewarren Wow: #economicsfail and #civicsfail in one moronic post. A twofer!
It’s not your fault you’re another victim of failed government institutions of indoctrination masquerading as schools, with subjects like “math is racist” taught by government bureaucrats. Right?
Wow. #economicsfail
All tariffs are taxes, but not all taxes are tariffs. Tariffs are, in essence, targeted sales taxes. They are voluntary - if you don't want to pay the tariff, don't buy products that are tariffed. It's not theft if I can choose to not pay it.
They also have the effect of capturing economic activity that isn't otherwise taxed - for example, we pay income & payroll taxes (which is theft). But illegals frequently work under the table for cash and don't pay income or payroll taxes. But they have to buy things, and anything we can do to "make them pay their fair share" is a good thing, at least until we can deport them.
I'm sorry your failed government schools didn't teach you this.
@EconWsu @malcolm_reavell GARBAGE. Feel free to post actual evidence of your assertion.
Noting you will have to explain 20 years where Central Banks around world tried to generate inflation through increasing money supply without success.
Incredible how this stupid myth refuses to die #economicsfail
Surpluses certainly increase the chance of falling into recession
And in that regard I guess you could argue this will likely place downward pressure on inflation.
Not a clever way to do it though, is it #auspol #Insiders #economicsfail #mediafail
@StevenHailAus Stephen is not interested in learning anything new.
He seems very happy to be consistently and fundamentally wrong. #economicsfail #LearnMMT #MMT
@GrogsGamut Not one word on the massive stimulus being propagated every day through interest rates on Government Bonds.
Yet, lets bleat about a $300 cash injection to working people.
AFR is PR arm of the rich & corporations. #auspol #mediafail #economicsfail
@TheKouk Its particularly embarrassing when a so-called 'economics' expert totally ignores the successful aplication of rent control around the world, let alone here in Australia.
Its like he doesn't know or maybe just doesn't care. Sad day for him. #auspol #economicsfail
As our media remains ignorant of how economy works...
A surplus BY DEFINITION rips money OUT of the economy, which acts as a brake on economic activity. Not a clever idea as we teeter on the edge of recession.
The stupid is so bad it hurts #auspol #economicsfail #mediafail
@dlacalle_IA @mises Mises Austrian economics is the best economics money can buy.
Let that sink in
#economicsfail #economics
@mises @PerBylund Hand out all the self-congratulatory prizes you want…makes no difference to the facts. This will not age well.
Mises institute @mises best economics money can buy. Personally would insist on a refund. #economicsfail #economics
No wonder Australia recording income recession when Govt is projecting a surplus.
By definition surplus rips money OUT of economy & acts as brake on economic activity. Another budget like this & recession is assured. #auspol #ALPfail #economicsfail
https://t.co/T0NybGdhqe
A lot of people seem to think that markets do not work unless they are "perfectly competitive," as the model taught in economics courses. No, it's the other way around: they work because the world isn't perfect. #EconomicsFail
@MichaelPascoe01 Reality is interest rates are a terrible way to address inflation let alone manage the broader economy & based on failed economic ideology.
That's what Govt & RBA needs to get called out on, but never will be #auspol #economicsfail
@MarxOutThere Thats the mainstream economic view on inflation, and aligns with how Central Bank operates.
Evidence over decades does not support this view & there are alternatives. As a start how about addressing the causes of inflation & alleviating the impact #economicsfail #economics
@pontus_rendahl Given the complete failure of mainstream economics to explain how the real world works, not only is this statement indicative of massive lack of self awareness…
But also ‘non-trivial’ level of hubris.
#economicsfail
In the Q&A with the university president Kelton responds to a question: "well, the constrains? I mean, they're all self-imposed. That's the worst part of this, the constraints aren't real." #economicsfail
#Insiders once again: Australia is a fiat currency system. Gov is ISSUER of the currency. Taxes dont 'pay' for ANYTHING at the federal level. That is neither their role or purpose.
For God sake, you your damn job #auspol #mediafail #economicsfail
@0xReaperMadness @c21markm #EconomicsFail #CivicsFail #HistoryFail
But I don’t blame you - you’re probably a brainwashed victim of failed government schools & union ideologies, and meet the low-to-non existent standards of critical thought we’ve come to expect from products of those failing institutions.
@DaveTaylorNews What a shame she doesn't understand monetary policy is utterly useless on its own & laughable as a tool to address inflation. #auspol #duopolyfail #economicsfail
#Insiders about time mainstream media called out obvious contradiction of Treasury making announcements about inflation while #RBA meant to be 'independent' body dealing with inflation.
Maybe its not so independent as they pretend & why should it ge? #auspol #economicsfail
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