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So I’m no finance/money guy but it seems pretty obvious that people aren’t going to want to tie themselves to something that can be taken away/used as a weapon like the US dollar is. Even if you aren’t (currently) in amerikkka’s cross hairs you can see how they treat their enemies and former allies, and how easy it is for former buddies of amerikkka to be next on the chopping block.
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As always, I can’t tell if our masters are self consciously full of shit or just really stupid.
After the events of the past two years, I’m increasingly of the opinion that they are supremely dumb.
I think it’s arrogance, narcissism, and entitlement. At least, those are the things that are making them this stupid. Imagine how they’d freak the fuck out if they ever had to do any real labor.
indeed
Personally I like to assume it’s a combination: anyone whose name you recognize is a political appointee and a fucking idiot but a lot of the randos behind the scenes in the different agencies know what they’re doing.
Economics is a force of nature
Adaptation is a force of nature- “Force of Nature was a good episode.” “Force of Nature was standard season 7 lazy writing.”
Oops! 😅
Yellen? More like Yappin.
I remember watching a Richard Wolff vid about how he went to all the same classes with Yellen and managed to come to the opposite (but correct) conclusions. How fucking thick is Janet Yellen? Or is she just depraved?
The key thing to keep in mind is that her job is primarily to sell the system, not to understand it.
