Redirect all that Wall Street bailout money to the real economy, and all your infrastructure financing issues will go away. Doesn't kill interest entirely, but it's a good step
Playing with matches that could trigger a $30 trillion debt bomb is obviously something the Fed should avoid. Prof. Werner would probably argue that its policy mistake, like Japan’s in the 1980s, has been to inject credit so that it has gone into speculative assets, inflating asset prices. The Fed’s liquidity fire hose needs to be directed at local production. This can be done through local community or public banks, or by making near-zero interest loans to state and local governments, perhaps mediated through a National Infrastructure Bank.
The article is ok, the commenters are nuts.. I guess it's open mic nite
(Score: 1, Funny) by Runaway1956 on Friday December 24 2021, @06:16AM (5 children)
WTF is Scheerpost? Is Robert Scheer another privileged white liberal who hates 'Murica? That's my first impression as I scroll through his site. Fekkin' Marxists and Globalists.
Abortion is the number one killed of children in the United States.
(Score: 3, Troll) by Azuma Hazuki on Friday December 24 2021, @05:23PM (3 children)
Commit all the fallacies you want, but know it means you can't be taken seriously. GIGO, as they say in the world of coders :) Thanks for at least letting us know the truth means as much to you as any other MAGA moron! God, what an awful way to spend your last years...
I am "that girl" your mother warned you about...
(Score: 1, Insightful) by Anonymous Coward on Friday December 24 2021, @05:38PM (2 children)
Posting ad hominems is easier than playing dominoes.
(Score: 0) by Anonymous Coward on Thursday December 30 2021, @08:08PM (1 child)
Yeah
No shit, what do you think Azuma was pointing out? Not too blessed in the ol' brainz department?
(Score: 0) by Anonymous Coward on Friday December 31 2021, @01:24AM
My dear Khan. You are still thinking in two dimensions. No wonder the world looks flat to you.
Desperados don't fear any woman who ain't carrying a badge.
Get 'Zumi to explain it to you sometime.
(Score: 1) by fustakrakich on Friday December 24 2021, @08:04PM
Obviously corporate Marixsm and its market collective is ok, so what's yer beef?
La politica e i criminali sono la stessa cosa..