Subnostr

so not Keynesian like the quote then

No, that's too much nonsense. It's pretty straight forward - government intervention in times of crisis. A bail out, a policy of economic growth through money supply and other factors.

It's the reason why Keynesian model economics works all over and is implemented into they system.

Ultimately, people need government intervention or they get rugged by the free market. Also, externally, other economies effect another countries economics, and without government intervention (tariffs, taxes, sanctions,) local industry collapses, job losses etc etc.

So we ultimately have this big brother policy with government to nail the FTXs or Enron's of the world as a form of retribution and stabilisation. Think car bailouts in 2008 and banks bailouts in 2008.

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Discussion

Hanshan 8mo ago

didn't have you pegged as a Keynesian

but ok

but I will point out that quote is by Keynes himself

S!ayer 8mo ago

We learnt all the models in university. The reason I know this is because Keynesian is globally adopted DE facto and works in the locale specific scenario.

I mean we used to debate this in lectures and stuff all the time.

It was good, I do miss the energy of university sometimes.

Kip Ashlynn 8mo ago

Ever think of going back? I've been debating with myself if I have it in me to do the doctorate but I don't want to be a poor PhD student 😭

S!ayer 8mo ago

No, now I attend Andrew Tate's hustler university

😉😘🤑

Kip Ashlynn 8mo ago

S!ayer 8mo ago

"Some hustle for respect. Some hustle for love. Others hustle for truth. We all hustle to survive"

Kip Ashlynn 8mo ago

I hustle for cosmic transcendence 🌌🌠💖

S!ayer 8mo ago

To where?

S!ayer 8mo ago

Send you to mars

Kip Ashlynn 8mo ago

I've heard that's where the men are 👀😉😊

S!ayer 8mo ago

Largest cocks in the milky way

Kip Ashlynn 8mo ago

I'm no size queen but if it gives them confidence then they're doing alright. Too many menfolk here look at me as competition and I'm not into that 😅

S!ayer 8mo ago

here being earth?

Kip Ashlynn 8mo ago

Third rock from the sun 🌞

Where are you? Venus?

S!ayer 8mo ago

I'm in Uranus 😉

Kip Ashlynn 8mo ago

S!ayer 8mo ago

my dad joke humour is on form

S!ayer 8mo ago

I would like to do an MBA given its the next level for me, but yeah it's also much the same that I learnt myself.

It's more profitable to pick a university that will allow you access to contacts, i.e. being in Stellenbosch university for the MBA and being in the same class as the (Paypal Mafia) for instance.

Now that's where the real value is, not in the degree itself or its knowledge bases (imho)

Kip Ashlynn 8mo ago

What an excellent rational decision making process. Did you know if you get a PhD in Finland you graduation regalia includes a top hat and sword? I didn't get to have either of my masters degree graduation ceremonies (thanks covid) so a big part of me wants an ostentatious ceremony like that. But obviously stacking sats is a much better use of resources than networking with Finns 🤣