@LesterB99

2 Followers
10 Following
90 Posts
@interfluidity That's an insane bar.
@interfluidity central banking has democratic accountability.... it's supposed to be independent because it's supposed to adjust for fiscal policy. You don't want inflation at 10% and a capped policy rate of 6%. That's where you get Argentina bullshit.
@interfluidity I don't see how one is better than the other. I also think you know how central banking works so... it would be quite the upheaval or policy contortions to simply reduce interest paid for the poor.
@interfluidity and low rates are how the institutions make the rich richer
@interfluidity Biden admin read them the riot act.
@interfluidity "defund NASA" lol
@interfluidity This is some kind of democratic version of peter principle
@interfluidity *looks up Roko's basilisk*
@interfluidity You know it's true when it's officially denied.
@interfluidity Everyone thinks there's a grand conspiracy against them today when the reality is that everything is spiraling and nobody is at the helm.