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Central Banks and Socialism Are Forever Linked Together | Jörg Guido Hülsmann

  • Article
  • Oct 20, 2021
  • #Economics
Jörg Guido Hülsmann
@JrgGuidoHlsmann
(Author)
mises.org
Read on mises.org
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It is well known that socialism is a shortage economy. It is the economy of inefficiency and corruption, of indifferent workers and of bigwigs, of lacking spare parts, of lacking fu... Show More

It is well known that socialism is a shortage economy. It is the economy of inefficiency and corruption, of indifferent workers and of bigwigs, of lacking spare parts, of lacking funds, of failure, of permanent reform needs and of constantly unsuccessful reforms.

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Stephan Livera @stephanlivera · Oct 24, 2021
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Excellent article by Guido Hülsmann for @mises. Central banks: - destabilize the economy - incite greed and avarice - create blatant inequalities They cannot be reformed, they must be abolished.
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