@rayotron @Raccoon I couldn't fit it because the server I use limits text size, but we also did quantitative easing as recently as 2020-2022 as a response to COVID-19
About the same amount, both times, ~1.7 trillion
@rayotron @Raccoon I couldn't fit it because the server I use limits text size, but we also did quantitative easing as recently as 2020-2022 as a response to COVID-19
About the same amount, both times, ~1.7 trillion
@ekis @Raccoon
Of course at the grocery store we can see inflation is real. I can see how one would think it's all price gouging because so much of it is.
You make great points, she hacked you. At least I think you do because you know the subject better than I do.
Looking at this grim list of economic crisis I wonder if there is any way possible to eliminate money.
@rayotron @ekis
Inflation that isn't really even happening, and isn't even the fault of the Biden administration. The fact that this is even the conversation shows just how haywire the priorities have gone.
That said, I really do hope everyone in this conversation is voting for Kamala Harris: things are bad, but change is still very achievable under a Harris presidency, and I cannot say that about Trump and his facists, who crave more war and genocide and want even acknowledging Climate Change to be illegal.
@Raccoon @rayotron Do you know what quantitative easing means? We did a lot of that, especially after 2008.
Yes it is, and its a long trend from specific events where we made major changes in the way our economy works, formalizing financial markets
And Bush's war's in Iraq, where we were sending pallets of money, at least one vanished.
Additionally fake 'super' notes
All these specifically price gouging and more are contributing factors
@ekis
Accurate summation of the situation, i.e. nailed it.
Our main voting issue is inflation and not the destruction of civilization and most life on Earth? Me me me and not us us us.
The fact that we are going to war, and building bombs while the entire globe faces climate catastrophe after climate catastrophe
Our priorities remain a genocide, and building nuclear power plants not for people, but so billionaire pseudo-technologists can continue to openly commit fraud, or treason
And not only can we not vote ourselves out of this suicide pact
We have to pretend like we are making progress while we slowly drown, otherwise you are telling the truth, and that is not allowed
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