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I'm no economist, but isn't this pumping of free money was one of the main reasons we have so much inflation to begin with? America's a great country and all, b
by throwaway23597 4y ago
I'm no economist, but isn't this pumping of free money was one of the main reasons we have so much inflation to begin with? America's a great country and all, but I don't think the people really know what they're talking about here. Let's leave the diagnosing to the doctors, and the economy to the economists.
- sharemywin 4y agoThat and a once in a lifetime pandemic that shifted demand back and forth across huge parts of the economy. and the tons of oil wells that got closed and alot of the investment community has a longer term outlook and doesn't really like what it see when it comes to fossil fuels.
- pjkundert 4y ago"Something magic happened in July 2020." https://twitter.com/maxjanderson/status/1546472693234470912 https://twitter.com/maxjanderson/status/1546472693234470912 Not only do they not understand what's going on (how could they?) -- but they've been financially strip-mined so thoroughly, for so long, for so great an amount of wealth, that it beggars the imagination. The "free money" that's been tossed to the masses is literally chump change, a rounding error. The Tsunami of the wealth transfer to the elites defies imagination. Take your eyes off these trinkets; they're distracting you from the gang-rape going on in the background.