Post
Topic
Board Economics
Re: Is the economy supposed to be a political tools?
by
Barnabe
on 26/06/2020, 15:02:31 UTC
I still find it hard to wrap my head over the fact that most economist analyst is aware that continuous printing of money is deterrent to the economy and quality of life in the long-run, but still, the government keeps issuing endless bills. It's not my desire to politicize my views but ideally, economists should run most of the economic policies but it seems the economist is only a remote control tool used by the government to achieve political interest.

It seems the world now runs policies for immediate gains while trashing policies that bring future gains. Maybe I am having a distorted view, but looking at most government policies around the world, even a non-economist can tell that this will be disastrous in the future.
This is easy to explain, for politicians everything is a tool that they can use for potential gain and if that means destroying the economy so be it, there are very few politicians that actually care about the people they are governing, they care about themselves and nothing more, and while an economic crisis is bad for the people it is good for them as it gives them a chance to pass even more exploitative laws, this is why we need to separate the currency from the government and bitcoin is the first real challenger to appear in hundreds of years to the current model.
I don't think they don't benefit directly from passing abusive law, but these last few years we have seen cases in which politicians literally sold their votes for a few thousands. If we could put a number on the damage some of them have done for a handful of dollars for their campaign, the public opinion would be outraged and push them out in an instant.