@rbreich
tricked who? i been feeling that piss from above my whole working life... from 1989 til today

@rbreich for a moment, I was like "Maybe Clinton isn't the neoliberal monster who destroyed our society like I thought..." and then I remember the tax hike between 1990 and 2000 was HW Bush...

@rbreich Its almost like giving a private for profit corporation called the federal reserve the ability to back up the banks ability to create infinite money out of thin air through moneychanging would result in a biforcated society where a small number of nonproductive useless elites would get advanced information and the ability to manipulate the market under the guise of monetary policy. The federal reserve is not federal, it has no reserves of anything and no constitutional justification. All of its assets were gained through legalized counterfeiting and fraud. There is an answer, the Chicago plan, which would require that banks hold 100% of all demand deposits, that only congress can pass a law that increases or decreases the money supply and that the credit pool must come from people willingly buying time deposits with the promise of interest plus principle when the time deposit matures. Also, cryptocurrencies and prediction markets should be completely segregated from the safe financial system and the government should declare that crypto or prediction markets are at your own risk. Yes, you might be able to make 100x returns, but the society shouldn't socialize the 100x losses. Also, fractional reserve banking should be completely illegal just like a ponzi scheme is illegal.