whatever, even when it's not strictly warranted. And so I think you just enter this terminal cycle of massive expenditure. And I'd say we're in it in terms of you look at the size of the government spending relative to GDP. It seems to be growing virtually every year. And you depart from having a genuine capitalist economy. And you have something that looks more socialist, not to say that pejoratively, but just the scope of government expenditure and its influence on the economy grows, which I think has this zombifying effect on society, which is really my issue with bailouts, is that effectively you have the government determining what the allocative outcomes are and not the free market. Yeah, I'm kind of thing that I focused on of all the things that you said was this. I tend to describe what our economy is. I guess it depends on how we define terms. Like, is a capitalist economy a economy that has to be strictly free market in every single way? Well, then of course we're not a (24/97)
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