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Economist Warns That Elon Musk Is About to Cause a "Deep, Deep Recession" (lemmy.blahaj.zone)
submitted 1 day ago by florencia to c/whitepeopletwitter@sh.itjust.works
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Source: https://bsky.app/profile/jrothst.bsky.social/post/3liin7up3ck2z

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[-] Olgratin_Magmatoe@slrpnk.net 4 points 22 hours ago* (last edited 22 hours ago)

Every economy is controlled in some way.

[-] RowRowRowYourBot@sh.itjust.works 2 points 22 hours ago

Yes but “controlled/command/planned economy” refers to one where the state sets prices rather than letting market forces determine them. This is not possible to competently do right now with current technology.

this post was submitted on 21 Feb 2025
579 points (100.0% liked)

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