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> Cue Pikachu face when the economy doesn't improve. It was never about the "economy". It has always been about pumping up the profit-generating machinery. It
by titzer 5y ago
> Cue Pikachu face when the economy doesn't improve.
It was never about the "economy". It has always been about pumping up the profit-generating machinery. It used to be that profit-generating machinery had real meatspace jobs backing it, and real machines and factories to feed. But now, given that machinery is now fully virtualized, first in the stock market, then in financial instruments, then tech, now in the unholy marriage of finance and technology and crypto currencies, I think the money'd elites would consider everything "working as intended". The stock market is generating record profits, therefore nothing is broken.
- toss1 5y agoYou are right that it was never about "the economy". It was merely a trope to market the new rules as somehow being beneficial to the general public who was about to be fleeced, so they didn't protest and riot and let it go through. No different from the Grinch's claim to Cindy Lou Who that he'd be fixing the tree and bring it back - just say anything to keep someone who sees they're being robbed from raising the alarm. Except with the real story here, the Grinch's heart only keeps shrinking.
- titzer 5y ago100% agree with this.