any day now... just gotta let the suffering at home continue a little longer

@thatguyoverthere @11112011 @0 @dj @skells

I was going to say they could just print more money, but the idea of paying ever more exorbitant property taxes as a natural consequence of inflation is giving me palpitations.

@kakkerel @thatguyoverthere @0 @dj @skells
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@kakkerel @0 @dj @skells @thatguyoverthere if u can expain hows this bad i apriciate

@11112011 @0 @dj @skells @thatguyoverthere I just don't see how it's relevant. Is the central bank the defining factor for the performance of markets?

Do the money-changers working in the temple help anyone when the wheat is rotting in the fields?

@kakkerel @0 @dj @skells @thatguyoverthere Is the central bank the defining factor for the performance of markets?

@kakkerel @0 @dj @skells @thatguyoverthere no u dont live in a comie place

@11112011 @kakkerel @0 @dj @skells @thatguyoverthere
No but at the same time "A history of central banking and the enslavement of mankind" which is a book that are against private owned banks is banned in a lot of countries for anti-semitism

@11112011 @0 @dj @skells @thatguyoverthere

I mean, what you're talking about is how accessible you want to make capital.

But the accessibility of capital is kind of like a circle jerk if no-one is actually taking than capital and doing anything productive with it.

@kakkerel @thatguyoverthere @11112011 @0 @dj blitz you're chatting balls, inflation forces their hand there's nothing intentional or wise about what's going on, they just got it when the music stopped

@skells @kakkerel @thatguyoverthere @0 @dj yes i know u see a lotta yt vids and think they dont know shit wich is why u wrong

@11112011 @thatguyoverthere @kakkerel @0 @dj so explain what we're missing here, as you're so clued in

@skells @thatguyoverthere @kakkerel @0 @dj already did lol

So the fed stops buying assets and everything is butterflies and rainbows?

@thatguyoverthere @0 @dj @kakkerel @skells no a lotta hurt they gon sell to but inflation will be gone

@11112011 @thatguyoverthere @0 @dj @skells Who's in a position to buy all these assets?

@kakkerel @0 @dj @skells @thatguyoverthere gud question

@11112011 @thatguyoverthere @kakkerel @0 @dj yeah none of this speaks to genius work by the fed, even assuming that they hold their nerve and don't start printing when all this corporate debt starts bankrupting companies left and right

@11112011 @thatguyoverthere @kakkerel @0 @dj all they've done is facilitate a crash they should have let happen 14 years ago

@skells @thatguyoverthere @kakkerel @0 @dj so why is bad now?

and when combined with the already strained supply chains and food stores, the pain will be much greater than it would have been if they would have let the banks fail the first time around.

@11112011 @0 @dj @skells @thatguyoverthere So Blackrock and the like own the entire world and "private property" is a kind of cultural myth that keeps the plebs working their meaningless little service jobs.

@kakkerel @thatguyoverthere @11112011 @0 @skells @dj They'd like you to think that.

More like right now everything is financialized. It isn't being priced based on the worth of the actual thing, it's being priced based on the likelihood that it'll continue to go up.

Until now that process has meant that these guys have made tons of money, but we're in a moment where reality is about to come crashing down. You can have all the money in the world, but as we're seeing if you can't get stuff for that money then it's worthless.

It's going to continue happening, and the people who actually do stuff people want I think are going to come out ahead of people who just move piles of resources from one pile to the other.

@thatguyoverthere @0 @dj @kakkerel @skells saw that on reuters previosly tank u