You literally started off by dismissing economic theory and then you needed me to explain basic stuff to you. You can’t claim to have an informed opinion on this subject after that. Your analysis isn’t going to be particularly useful if you don’t understand the basics of a subject as you have already dine.

You clearly don’t understand the subject but rather than lashing out at people who can tell this why not fix it by learning the basics? You might be less angry if you actually understand the subject better.