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/liberty/ - Liberty

Non-authoritarian Discussion of Politics, Society, News, and the Human Condition (Fun Allowed)
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Ya'll need Mises.

File: aa306a2f989a3ef⋯.webm (2.93 MB,1280x720,16:9,1553633331559.webm)

 No.100523

As we all know, war causes rampant inflation. Should the government intervene and raise the wages of workers with rampant inflation during a war?

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 No.100532

>>100523

War does not cause inflation, wartime policies do, as the state wants to have more money to spend on the war. Raising the wages of workers along with the inflation is just a bandaid, an intervention to deal with a prior intervention.

Sage for the sole reason that your webm is disgusting. I know that's a tradition on the chans, but that doesn't make it a good tradition.

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 No.100541

File: a11a228a714e24d⋯.png (114.15 KB,500x478,250:239,its-all-so-tiresome-888148….png)

>should govt intervene? [Thing] is really important

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 No.100582

>>100532

does rationing help?

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 No.100583

>>100582

Rationing will ensure goods don't end up where they're needed the most. You will always have some people in need of the good who cannot get it because of rationing, because the state cannot reliably estimate where it is needed, and you will have people buying all of the good solely because it is rationed, perhaps to sell it to the first group of people. The latter is actually a very productive acticity, it alleviates the bad effect of a system of rationing.

Besides, how would rationing help deal with inflation and artificial wage raises? It won't.

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 No.100585

>>100582

The only rationing that should happen in a market is price gouging.

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 No.100610

>>100523

What is that fucking thing? It looks like it's about to burst.

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 No.100627

>>100610

My phat dick being cleaned of smegma.

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 No.100637

File: 0683db06598fea2⋯.gif (1.09 MB,234x154,117:77,that has to hurt.gif)

>>100523

>As we all know, war causes rampant inflation. Should the government intervene and raise the wages of workers with rampant inflation during a war?

Jesus Christ your post reads like a nightmare. No, if the problem are policies of inflation that the state pursues for the sake of funding, the solution is not to create price floors in the form of arbitrary wage growth, that'll just fuck up the market even further and make things far worse for the average person.

I mean you've already started with the scenario of a war, and then the government proceeds to distort the market and essentially cause an inevitable higher rise in price then there already would have been along with other distortions in the market.

>>100627

Lewd.

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