Bernd
07/15/2019 (Mon) 17:19:34
No.28022
del
07/15/2019 (Mon) 17:19:34
No.28022
del
>>28014
More on planned economy:
I disagree it can work efficiently in a different environment than the Soviet Union had.
What I already mentioned the burden what the race in the Cold War meant was way to heavy for it to compete successfully with another economic system which aim is basically generating endless wealth via increasing consumption and debt infinitely.
One great problem you mention is the calculation one. Since planned economy works on hypothetical numbers existing only on paper the feedback from the working economy should be constant and precise, so the plan could be altered accordingly. But in the atmosphere of the Soviet Union where you could have been gulaged on a whim prevented such thing happening. One didn't just simply stood up and said "I don't have the number", this could resulted in a one way ticket to Siberia. In a freer society, without the fear of being punished they could work with accurate numbers and course correct anytime.
>>28020
>State owned companies are paid with taxes from private contractors and workers in the first place.
No. As you mentioned previously the payment was done with Mefo bills.
I can rationalize it's "essence" as a crossover of getting a loan and issuing more money. In that situation they could have either got a loan to gain more capital to invest into stuff but this would resulted the state in debt (to some Jewish bank no doubt). Or they could have print more money but that would have caused the Reichsmark devaluate (which at that time they felt undesirable - maybe the fear from hyperinflation was still too strong).
So basically they made more money without devaluating it, but with the promise that it will be paid and can be exchanged to real money.
And why it worked? Maybe because if people believe in some things those really work. Or maybe because the money devaluates only when it is available in too much supply. Or too little demand because it rests on the balance of supply and demand, and as long as there is enough demands to met the supply the new money won't lose it's value. And military spending, rearmament is a great way to spend that money, there one can always create enough demand. If I start building houses I'll arrive to a point where noone wants to move in because everyone has a house, but I can always spend it on more tanks, airplanes, ships and bullets, research new tech and build new models and scrap the old (or sell it to others), or spend the material in wars. It's an endless demand.
More on planned economy:
I disagree it can work efficiently in a different environment than the Soviet Union had.
What I already mentioned the burden what the race in the Cold War meant was way to heavy for it to compete successfully with another economic system which aim is basically generating endless wealth via increasing consumption and debt infinitely.
One great problem you mention is the calculation one. Since planned economy works on hypothetical numbers existing only on paper the feedback from the working economy should be constant and precise, so the plan could be altered accordingly. But in the atmosphere of the Soviet Union where you could have been gulaged on a whim prevented such thing happening. One didn't just simply stood up and said "I don't have the number", this could resulted in a one way ticket to Siberia. In a freer society, without the fear of being punished they could work with accurate numbers and course correct anytime.
>>28020
>State owned companies are paid with taxes from private contractors and workers in the first place.
No. As you mentioned previously the payment was done with Mefo bills.
I can rationalize it's "essence" as a crossover of getting a loan and issuing more money. In that situation they could have either got a loan to gain more capital to invest into stuff but this would resulted the state in debt (to some Jewish bank no doubt). Or they could have print more money but that would have caused the Reichsmark devaluate (which at that time they felt undesirable - maybe the fear from hyperinflation was still too strong).
So basically they made more money without devaluating it, but with the promise that it will be paid and can be exchanged to real money.
And why it worked? Maybe because if people believe in some things those really work. Or maybe because the money devaluates only when it is available in too much supply. Or too little demand because it rests on the balance of supply and demand, and as long as there is enough demands to met the supply the new money won't lose it's value. And military spending, rearmament is a great way to spend that money, there one can always create enough demand. If I start building houses I'll arrive to a point where noone wants to move in because everyone has a house, but I can always spend it on more tanks, airplanes, ships and bullets, research new tech and build new models and scrap the old (or sell it to others), or spend the material in wars. It's an endless demand.