Economics

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A sub for discussing Marxist economics and how the bourgeois economists did us dirty.

founded 4 years ago
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Okay

I hate private equity and all...

But I hate nursing homes even more.

But whatever, watch the video, it's about 25 minutes long.

Your thoughts?

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He somewhat tries to wrap inflation into one theory which isn't necessary but it shows many of the base factors in where value goes & new money creation.

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The first paper attributed inflation primarily to demand shocks, contradicting widely held views and empirical evidence pointing to significant supply-side factors.

The second paper, while offering valuable insights into past interest rate cycles, used the same flawed methodology and also arrived at implausible results.

Another paper, analyzing geopolitical shocks and inflation, underestimated the impact of the Russian invasion of Ukraine on global inflation. The UK's new chancellor, Rachel Reeves, faces a challenging economic landscape, as indicated by a chart showing the UK's unfavorable economic indicators compared to 1997.

https://archive.ph/SMhkZ

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I recently bought a course on investing and that is what the course advices for survival under capitalism. Would this come out as being a class traitor? Does it sound snobby? Or is it a good advice?

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The interview with Professor Michael Hudson was conducted on 7 May 2018 in Beijing […]. Professor Hudson talked about his formative years, and his turn to economics from music as he found his mentor Terence McCarthy's speech about economics beautiful and asethetic. He recalled his experiences in research and teaching, and the background leading to his writing the many books on imperialism, balance of payment, history of debt, and fictitious capital.

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Interesting video.

Thoughts?

It's only 13 minutes long.

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