4 ms·

Of course isn't a repeat, it's just another flavour with similar consequences: bailouts, money printing, rampant inflation, credit crunch, and so on. No matter

Of course isn't a repeat, it's just another flavour with similar consequences: bailouts, money printing, rampant inflation, credit crunch, and so on. No matter the language acrobatics and fancy terms used to describe it.

tzs 4y ago
Where was the "rampant inflation" from 2008? I don't see it here [1]. [1] https://www.macrotrends.net/countries/USA/united-states/inflation-rate-cpi https://www.macrotrends.net/countries/USA/united-states/infl...
- spaceman_2020 4y ago
  Chart assets instead of prices and you’ll see it. This has social and political consequences. Populists haven’t started popping up across the western world for no reason. Half the country feels priced out of basic dignities like housing.
  - pixelfarmer 4y ago
    That is because housing is coupled to the stock market. Stock market and real economy are two different things by now, or should be treated as such conceptually.
    - spaceman_2020 4y ago
      Try telling that to someone in the bottom 50%ile. “Sorry that you’ll never own a house - our free money policies have decoupled the real economy and stock market. Now get back to work.”