fjskskfjfnss

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1. 1.▲
   by fjskskfjfnss 3y ago

   You’ve highlighted my point about the dumbing down of political economic debate. There’s very literal difference between “market is fundamental natural law of the universe” and any other belief that’s grounded purely in ideology. They have
2. 2.▲
   by fjskskfjfnss 3y ago

   Right, so the point still stands. The Fed is granted the power to literally set the interest rate the US government pays on its debt. Laws that are created through human political means, not natural physical laws. The challenge is that ther
3. 3.▲
   by fjskskfjfnss 3y ago

   And who sets the Fed’s function? The construction of the market — these very constraints are ideological economic constructions not physics. The government can implement price controls, or tax excess money out of the system. They can introd