@thatguyoverthere @skells @0 @dj @kakkerel maybe someone here can explain to me how bursting a 30 years buble is doing a bad ob
@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.
@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? :0530:
@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

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

@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

Follow

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

· · SubwayTooter · 2 · 0 · 3

@11112011 @thatguyoverthere @kakkerel @0 @dj never said it's bad, just said you'd be a fool to award kudos to those in charge

@11112011 @thatguyoverthere @kakkerel @0 @dj although you could make a damn good case it's much worse because they spent 14 years propping it up rather than necessity in Obama's 3rd term, after he let it all hang out his first 2

@11112011 @thatguyoverthere @kakkerel @0 @dj you shitpost on fedi bro, reality has nothing to do with ot

@skells @thatguyoverthere @kakkerel @0 @dj Fed's Bullard (2022 voter) says rates can be cut in 2023 or 2024 if we get inflation under control :02lul:
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.
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