You drank the Kool Aid. Printing money is inflationary poison that doesn't discern between profitable and non-profitable businesses.
Post by twetch#1489
I think you drank it. I am just pragmatic. I don't like the cusrrent system but after the shit hit the vent that was the right thing to do. I am all for a better system. What happens is that credit gets out of control, no matter the money you use.
What the chain says
- Block
- 635 519
- Time
- 2020-05-19T01:14:12Z
- Signer
- 1G7DLq695juhR7QFz5jn1AaXH55Hxn4kZS
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1489
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1G7DLq695juhR7QFz5jn1AaXH55Hxn4kZS VerifiedReplies (2)
It is just too easy to keep unaware and quiet when the credit creates bubbles and then blame the evil fed because they only have the same set of tools always.
Every fiat in history has failed due to governments printing money out of thin air. Credit out of hand is due to Fed screwing with interest rates. Economy shut down because govt shut it down on bad data. Are we seeing a theme here yet?