3 ms·
Well the Brits just implemented Yield Curve Control, so I'd say the sky is at least drooping.
by boppo1 4y ago
Well the Brits just implemented Yield Curve Control, so I'd say the sky is at least drooping.
- nemo44x 4y agoAnd they’re just ahead of the pack. Printer is coming, heh. We should come to terms with the fact that central banks simply can’t raise us out of inflation in short order. It disrupts too much and will cascade. Not to mention politicians implementing policy that directly hinders their efforts.
- cinquemb 4y agoWe should come to terms with the fact that "central" banks aren't really that central... Decades of YCC in japan did fuck all for the Yen this year...
- nemo44x 4y agoYeah it feels like our economic systems are patches built on patches built on patches, etc. Like introducing a species to an ecosystem to control an invasive species which becomes one itself and requires the introduction of another species. Most our code bases look like this too. Why wouldn’t our financial systems become hairballs too?