4 ms·
> what is the fair market price of global equities when some buyers can print money? You raise a good point. "Fair" has long gone out the window when one or mo
by unoti 11y ago
> what is the fair market price of global equities when some buyers can print money?
You raise a good point. "Fair" has long gone out the window when one or more participants has a standing army. Which of course ties in to which participants can print money.
- Zigurd 11y agoCertain powers having "standing armies" is a quaint way to describe it. The US is on a permanent war footing in the Global War on Terror and surveils its allies as assiduously as they would a hostile party in a hot war. Not even a small crack in the neoliberal hegemony is allowed. Not even internal doubt. Repatriate your gold? How amusing. We're all in this together. Or else.