The Cringely Plan
september 2008 by nathanperetic
Great analogy to begin the article, terrible plan for saving the US economy. The Peretic Plan: stop inflating the money supply, reduce taxes across the board (specifically on businesses), decrease government spending, and let the market correct itself. Here's the key, recessions are not part and parcel of the free market system, they are the cruel side effect of fake booms caused by government credit injection. Spare the credit injection, spare the world.
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september 2008 by nathanperetic
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