toddmantell
Graham SleightWhy do we call them “central banks” and not “apex creditors”?
So this blew up a bit. Hello, new followers. I don’t have a SoundCloud, but hope everyone has a wonderful holiday break.
Jeff@grahamsleight preditors seems more appropriate.
Ethan Marcotte
Josh "cortex" Millard@grahamsleight e.g. the Tyrannosaurus Forex
Rev. Watt deFalk, O.C.D.
lunchy
Kévin ⏚@lunch @wattdefalk @joshmillard @grahamsleight I mean only the 1% at the top of it are reaping the rewards....
@lunch @kc @wattdefalk @grahamsleight folks we gotta stay focused, this is an awful pun thread not a confrontation of the extractive horrors of capitalism thread
@joshmillard @lunch @kc @grahamsleight
Oh. Like, recapitulating means sewing back on the head of someone decapitated?
Oh. Like, recapitulating means sewing back on the head of someone decapitated?
@joshmillard @lunch @kc @grahamsleight
And I just thought of a pun on "apex," though not sure how to word it. It involves the ultimate achievement of our wise & good electronic masters capable of investing in important programs like Space-X, psychologically engineering a new perfect consumer sub-species via generation after generation of cell-phone staring from early childhood.
And I just thought of a pun on "apex," though not sure how to word it. It involves the ultimate achievement of our wise & good electronic masters capable of investing in important programs like Space-X, psychologically engineering a new perfect consumer sub-species via generation after generation of cell-phone staring from early childhood.
S. Z. Attwell ☕️💻@grahamsleight this is terrible and also made me literally snort
Doug 🇨🇦🌈@grahamsleight
Excellent question
Excellent question
Rob Hirschfeld@grahamsleight lendosaurus fex ?
Martin
Look, Here’s The Thing
Andrew F@grahamsleight I thought "Great White Bank" and whoa, that has ... connotations.
k_salberta@grahamsleight
Technically they are supposed to operate more as herders/field sowers than predators. If a person bought stock on margin in the last two years, perhaps the CBs now seem like predators. But --- perhaps you have seen a parade float go by, scattering toys or trinkets for the kids? Even those kids don't expect that to happen every day.
Technically they are supposed to operate more as herders/field sowers than predators. If a person bought stock on margin in the last two years, perhaps the CBs now seem like predators. But --- perhaps you have seen a parade float go by, scattering toys or trinkets for the kids? Even those kids don't expect that to happen every day.
Jersey Gryphon@k_salberta @grahamsleight Maybe debt for buying stock on margin shouldn’t be forgivable in bankruptcy? Student debt isn’t and is more useful to society.
@jerseygryphon @grahamsleight
When you buy stock on margin it is secured, and by regulation in the US more than 100% secured. So unlikely that this debt would show up in BK - generally if you exceed your margin you are sold out to maintain the margin by the broker. Bank would take control of the stock securing the loan with an assignment and security agreement on the stock. I cannot imagine how a margin loan would be forgiven in BK proceedings.
When you buy stock on margin it is secured, and by regulation in the US more than 100% secured. So unlikely that this debt would show up in BK - generally if you exceed your margin you are sold out to maintain the margin by the broker. Bank would take control of the stock securing the loan with an assignment and security agreement on the stock. I cannot imagine how a margin loan would be forgiven in BK proceedings.
Peter Principle@grahamsleight Because periodically they turn into road kill.
Roob@grahamsleight Jurassic Reserve Bank
Maude Nificent
Jonny Ell@grahamsleight Five stars
sparseMatrix ✅✅✅ 📻why not 'apex predators'
Toy Dragon@grahamsleight cuz they got to name themselves....
Alex White@grahamsleight because we are not cleve enough to come up with such a marvellous name, that’s why. It’s magical!
Brian Dear@grahamsleight love that! stealing it
Julio 🏳️🌈 🇨🇺 🇪🇸 🇺🇸@grahamsleight Because they control us.
Janet Vertesi@grahamsleight definitely using this from now on.
Steven Bodzin@grahamsleight much better than "supersenior." But I think the term applies better to the IMF and BIS.
Coach Pāṇini ®@grahamsleight this the rationale for Web3, tho
Juan Sosa@grahamsleight @HollyGoDarkly think a spider collecting from the center of its web.
55aw@grahamsleight Why do we call it Economic Growth instead of Economic Hunger?
You got to feed it more every year.
You got to feed it more every year.
🆃🆁🆄🅽🅳🅻🅴🆂@grahamsleight beautiful
@grahamsleight we will now
k
M.S. Bellows, Jr.@grahamsleight Instafollowed.
Elisabeth Anderson 
@grahamsleight Oh that is *good*!
Humm
bodhidave🤔 now I'm thinking about ... loan sharks
Jake Is Writing (Allegedly)@grahamsleight That's so good it deserves a boost and then a few thousand more haha.
Todd Crawshaw@grahamsleight Literally made me laugh.
+1
+1
OldTurk🗽Focus: #FreePeltier@grahamsleight I’m stealing that!
David Penfold 
@grahamsleight because they'll bail out the principal creditors (private banks) as required.
Wendy MsGator 🐊
Billy O'Neal@grahamsleight Only debts you can't discharge in bankruptcy can be apex
Peter Relph@grahamsleight Maybe because, whatever the appearances they are part of the central currency issuing government?