We are at emergency levels, page-195

  1. 12,377 Posts.
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    Oh Dear - you are really insistent on destroying your own credibility aren't you!

    The govt redistributed wealth to increase demand upon direction by their economists - in short they started a virtuous cycle of increasing demand and further prosperity as there was more wealth in more hands to feed into the cycle.

    This undid to a degree the problems that vested interests caused by concentrating wealth in their hands at the cost to the rest of society.

    Read Galbraith - I don't need to but you do!


 
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