3 ms·
Dumb article with a dumb headline, which shows no understanding of what central planners are or the authoritarian systems from which they arise. They're using
by blueyes 4y ago
Dumb article with a dumb headline, which shows no understanding of what central planners are or the authoritarian systems from which they arise.
They're using Wework as a whipping boy, and pointing at Softbank as a typical VC, although Softbank, even its Vision Fund, is really more like private equity.
- imtringued 4y agoI also don't get why people call the Fed a central planner, the Fed has very limited powers by design, it doesn't get to tell savers, borrowers etc what to do, they just change the profitability and ease of borrowing. Each private bank gets to decide who gets to borrow and for what purpose. There is competition between banks, if one rejects you, just go to another next week.
- Proven 4y ago