4 ms·
The debt will be inflated away, we'll lose access to cheap debt, and tech-company bonds will be the new treasuries. ultimately we may be better off over the lo
by siliconc0w 10mo ago
The debt will be inflated away, we'll lose access to cheap debt, and tech-company bonds will be the new treasuries.
ultimately we may be better off over the long term since the firehose of government money creates a lot of market distortions and inefficiencies.
- reilly3000 10mo agoBetter not skip the ads or your retirement savings will tank…
- exceptione 10mo ago> since the firehose of government money creates a lot of market distortions and inefficiencies. You mean elite capture¹ of government resources. Government money has repeatedly shown to create a lot of wealth, but the government should be free from the oligarchy. The monopolist sponsored narratives don't match with the data. 1. https://en.wikipedia.org/wiki/Elite_capture https://en.wikipedia.org/wiki/Elite_capture