Re:Japan Bets $67B to Become a Global Chip Powerhouse Once A...
by simpletone on Wednesday February 21, 2024 @11:21AM
(#39455764)
> One of the reasons groups like the USSR
The 'USSR' starved in the 90s after the fall of communism.
> Serious Communist China ended with everyone starving
Oh this nonsense. Serious Communist China had to deal with nuclear threats from both the US and the USSR. Serious communist china tok a back water colonized nation to a nuclear power within a single generation.
> there is literally no known method to determine the correct price without mass signalling through a free market.
You have it backwards. 'Free markets' led to 'starvation'. That's why we, in the US, have farm subsidies. A form of 'price control' along with many other measures. There is no nation ( especially a major ) on earth that has a 'free market'. There was also never a time when we had 'free trade' either. I'll let you figure that one out by yourself.
Every industry, from housing to oil, has price controls on them. It's all a matter of the degree and levers used.
The same idiots who praise government subsidies to build up our own chip industry are whining about 'price controls'.
The 'USSR' starved in the 90s after the fall of communism.
> Serious Communist China ended with everyone starving
Oh this nonsense. Serious Communist China had to deal with nuclear threats from both the US and the USSR. Serious communist china tok a back water colonized nation to a nuclear power within a single generation.
> there is literally no known method to determine the correct price without mass signalling through a free market.
You have it backwards. 'Free markets' led to 'starvation'. That's why we, in the US, have farm subsidies. A form of 'price control' along with many other measures. There is no nation ( especially a major ) on earth that has a 'free market'. There was also never a time when we had 'free trade' either. I'll let you figure that one out by yourself.
Every industry, from housing to oil, has price controls on them. It's all a matter of the degree and levers used.
The same idiots who praise government subsidies to build up our own chip industry are whining about 'price controls'.