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I don't know, all the hand-wringing articles I see seem to ignore what seems interesting and notable to me. That is, the dollar has been strengthening for an e
by vba616 4y ago
I don't know, all the hand-wringing articles I see seem to ignore what seems interesting and notable to me.
That is, the dollar has been strengthening for an extended amount of time versus other industrialized nations' currencies, and it continues to. Just look up some multi-year currency charts.
So it seems to me that tells us that at least the Fed is being more aggressive at countering inflation than almost any other central bank.
It seems to me to put US government policy beyond most reasonable criticism, even if imperfect, it must be better than everyone else's.
But the pundits seem split between moaning about how especially terrible the Fed is and about how terrible all central banks are.
I don't think people realize how good the US has it, and what we have to lose.
- kayamon 4y ago
- athrowaway3z 4y agoThe greatest nation on earth: No security threats, large, extremely profitable, critical resources locally source-able, least-worst demographics, treasuries used as bank collateral around the globe. When people start complaining about criticism, especially "compared to others", is when I start to worry. Its apples and oranges. Yes, the US has it good. But there are so many things shockingly bad and there is no momentum to improve things. When the rioting starts I sincerely hope people who don't like criticism start fixing things instead of electing a non-idiot fascist to tell them they are better than the rest.
- vba616 4y agoAhhhh...people shouldn't complain about criticism that compares the US to others, but it's "apples and oranges". That phrase, apples and oranges, is a rebuke to an attempt to compare things. You sound like you're on the fence about this. But we know, it's not necessary to make sense, only to feel bad about the US. Just in case this thing, this time, will be its ultimate downfall. How bad would it be, not to feel bad enough about the US, in its last days? Think of what we would lose! ...