I... didn't say anything about the gold standard or austerity or whatever you think I implied. I also don't think the decade+ of ZIRP is a necessary consequence

I... didn't say anything about the gold standard or austerity or whatever you think I implied. I also don't think the decade+ of ZIRP is a necessary consequence of fiat money or the fed or whatever; it's one of many possible fiscal paths which could have been taken even staying within the constraints of liberal capitalism. I'm not even really attacking ZIRP, I'm attacking reconfiguring our whole industry around what was obviously a temporary financialization stage. Even then, I'm not even really attacking it - I'm just saying, if you hitched yourself to such a transient software ecosystem for whatever reason, don't come crying when it transitions out.