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Let’s sum up the Fed’s accomplishments: - wider and wider financial inequality - more money and assets in fewer hands - excessive federal gov debt - more fr
by chiefalchemist 1y ago
Let’s sum up the Fed’s accomplishments:
- wider and wider financial inequality
- more money and assets in fewer hands
- excessive federal gov debt
- more frequent bubbles of some sort (that lead to bailouts by taxpayers and consumers)
- etc.
What do we propose then? Keep lying to ourselves? Keep doubling down on insanity?
- aredox 1y agoWhat do you propose? Putting the economy under direct control of a "very stable genius" who is a know conman who managed to bankrupt a casino? State Economy à la Turkey/Türkiye?