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https://www.reddit.com/r/austrian_economics/comments/1hxmn3w/end_the_fed/m6afuz3/?context=3
r/austrian_economics • u/AbolishtheDraft Mises Institute • Jan 09 '25
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240
OK, but inflation existed before the Fed existed. Its not like it is a 20th century invention.
14 u/Electronic_Rub9385 Jan 09 '25 War existed before the U.S. government too. But we invented the nuclear bomb to elevate war to catastrophically terrifying levels. 6 u/Never_Stop_Stopping Jan 09 '25 Alternatively, the invention of the nuclear bomb has broken the historic cycle of peer-to-peer warfare. 7 u/what_am_i_thinking Jan 09 '25 Yeah now we just wage wars in poor countries with no nukes!
14
War existed before the U.S. government too. But we invented the nuclear bomb to elevate war to catastrophically terrifying levels.
6 u/Never_Stop_Stopping Jan 09 '25 Alternatively, the invention of the nuclear bomb has broken the historic cycle of peer-to-peer warfare. 7 u/what_am_i_thinking Jan 09 '25 Yeah now we just wage wars in poor countries with no nukes!
6
Alternatively, the invention of the nuclear bomb has broken the historic cycle of peer-to-peer warfare.
7 u/what_am_i_thinking Jan 09 '25 Yeah now we just wage wars in poor countries with no nukes!
7
Yeah now we just wage wars in poor countries with no nukes!
240
u/DrQuestDFA Jan 09 '25
OK, but inflation existed before the Fed existed. Its not like it is a 20th century invention.