Stephen GentleOne really big thing I want to see in my lifetime - the mainstream acceptance that the central bank *simply cannot* fix inflation by raising rates.
It’s utter lunacy and it hurts millions of people. And it just doesn’t work.
bananamangodog@stephengentle Your post is forgetting that hurting millions of people is precisely the point. Hurting them just enough they're preoccupied enough with surviving that they don't have the energy to change anything; and not quite desperate enough that they revolt and burn it down.