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The Fine print: The following are owned by whoever posted them. We are not responsible for them in any way.

Journal by fustakrakich

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

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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
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  • (Score: 1, Funny) by Runaway1956 on Friday December 24 2021, @06:16AM (5 children)

    by Runaway1956 (2926) on Friday December 24 2021, @06:16AM (#1207551) Homepage Journal

    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)

      by Azuma Hazuki (5086) on Friday December 24 2021, @05:23PM (#1207612) Journal

      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)

        by Anonymous Coward on Friday December 24 2021, @05:38PM (#1207617)

        Posting ad hominems is easier than playing dominoes.

        • (Score: 0) by Anonymous Coward on Thursday December 30 2021, @08:08PM (1 child)

          by Anonymous Coward on Thursday December 30 2021, @08:08PM (#1208773)

          Yeah

          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.

          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

            by Anonymous Coward on Friday December 31 2021, @01:24AM (#1208848)

            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

      by fustakrakich (6150) on Friday December 24 2021, @08:04PM (#1207647) Journal

      Obviously corporate Marixsm and its market collective is ok, so what's yer beef?

      --
      La politica e i criminali sono la stessa cosa..
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