[deleted] t1_jec8sjc wrote
Reply to comment by diefreetimedie in The Fed Raised Rates But The Economy Is Cooling: Understanding The Current Macro Situation by HorrorCharacter5127
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diefreetimedie t1_jecavuu wrote
Ok, while I'd love to send you more reading material I don't think we have all of the data necessary for me to completely irrefutably disprove your bullshit. Are we just name calling because we're upset or would you like to continue what I was talking about regarding the US Fed policy and the media's "inflation" narrative?
[deleted] t1_jecb5hi wrote
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diefreetimedie t1_jecbqi9 wrote
They didn't print money they moved a decimal on a computer and sent checks out. I know you have a hard time accepting that the dollar is a fiat currency but it's been that way for a while now, and the US government can pay for whatever it has the will and labor to do. Tell me, how do you feel about ten folks at SVB getting a mulligan on their $13 billion gamble?
[deleted] t1_jeccdy8 wrote
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diefreetimedie t1_jecd5ab wrote
[deleted] t1_jecdkj7 wrote
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diefreetimedie t1_jechpni wrote
Of course, I momentarily forgot the term "depositors"
Still pretty wild how the US back stopped them and so fast, I wonder how precedent will work going forward. Do think this "spending" will drive inflation more? By how many more basis points until jpow is happy with the unemployment numbers? This is a good opportunity for you to share your perspective but you only wanted to comment on what equates to a grammatical error.
[deleted] t1_jecit9u wrote
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diefreetimedie t1_jeck9kw wrote
None of it is "taxpayer money" it is all US dollars of which the government creates. You're going to say anything except that the real problem around inflation is price gouging. It's a long way to go to beat around that bush but I respect it, a little.
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