codelorado

3 ms·

1. 1.▲
   by codelorado 3y ago

   This video does a better job to explain the underlying reasons: https://www.youtube.com/watch?v=WaJFudED5FQ .
2. 2.▲
   by codelorado 4y ago

   This comment highlights the most crucial insight on QE: it is a relatively novel monetary policy innovation that was implemented as an emergency response to the 2008 crisis on a very large scale and, as such, we had no experience using it.
3. 3.▲
   by codelorado 4y ago

   As per Wikipedia, a distributed system is: "a system whose components are located on different networked computers, which communicate and coordinate their actions by passing messages to one another from any system." You're de
4. 4.▲
   by codelorado 4y ago

   There is a kernel of truth in there, I'll give you that. It is hard to extract social sciences from the zeitgeist. But let's call a spade a spade: this is just another iteration of Marxist epistemological ideas. For Marx, the divi