• @HappycamperNZ
    link
    22 days ago

    Because those will end up in poverty regardless - either due to disinflation measures or due to inflation when we do nothing.

    Big difference with the disinflation measures is that these an end point.

    • Flying Squid
      link
      12 days ago

      Please provide evidence that poverty would have ballooned this much whether or not Milei started implementing his libertarian ideas.

      • @HappycamperNZ
        link
        12 days ago

        I cant, because it didn’t happen (these ideas were implemented) and therefore its evidence of poverty increasing by not putting them in place doesn’t exist.

        What I can give you is the known and proven link between between income, spending, GDP and inflation, which is a combination of Okuns law and the Phillips curve. Both of which have been used by pretty much every country to control inflation since the Great depression- which happened because these wernt known and applied.

        • Flying Squid
          link
          12 days ago

          You made the claim. If you can’t back it up, it’s a worthless claim. Either they would have been in poverty regardless as you claimed, in which case you can back that up, or libertarian policies hurt people.

          I’m going with the latter until you can show me some evidence.

          • @HappycamperNZ
            link
            12 days ago

            The fact I can show you the two key economic laws that address inflation, and the effects that a triple digit inflation rate has on a country and its population, and that you consider that not evidence tells me you are about 6 weeks of tertiary education short of knowing what you are actually talking about. I can link you the damn text book if thats good enough evidence, but I doubt that you would consider an internationally recognized and developed, peer reviewed document as evidence.

            For the record - im not calling you stupid or uneducated. I suspect you actually give a shit about people and are blinded to the fact that reality doesn’t give a shit about feelings and being nice. You’re argument is the same as saying that a starving population shouldn’t be made to work a fallow farm to feed themselves and others because its putting more pressure on them. They will starve regardless - but this gives a way out.

            • Flying Squid
              link
              2
              edit-2
              2 days ago

              And people can show you economic “laws” that counter them, because there’s absolutely no such consensus about economics.

              Saying I’m uneducated and then saying you’re not calling me uneducated doesn’t make much sense either.

              Also, saying someone is uneducated because they don’t agree with libertarian economic theories is peak libertarian. Good job.

              • @HappycamperNZ
                link
                117 hours ago

                I think its your turn to pony up some evidence to support your claims - manipulating GDP to offset inflation is done by virtually every country. You disagree, and state that other economic theory disagrees. What ones, and where was it applied?

                • Flying Squid
                  link
                  117 hours ago

                  I very much did provide evidence for my claims. You have yet to provide any evidence that Milei’s cruel libertarian policies were the only way to bring down inflation or even the best way.