Friday, July 11, 2014

Don't Assume They Know What They're Doing

I do think krgthulu's correct that our horrible economic policies exist in part because the super rich like it that way, but I think it's wrong to think they know what they're doing. Yes inflation is going to be worse for them than the rest of us, but a shit economy won't be great for them either. It's enough that they believe inflation will be horrible for them, it doesn't need to be true.

That rich elites weren't begging the government to take the health care nightmare off their hands taught me that they often don't have any idea what they're doing.