Embed Notice
HTML Code
Corresponding Notice
- Embed this notice
Greg Slepak (taoeffect@crib.social)'s status on Sunday, 04-Aug-2024 08:05:07 JST Greg Slepak
@ntnsndr You say "At least the Fed has to care about inflation & unemployment" as if that were true. I see little evidence for that. I see a lot of evidence to the contrary: https://wtfhappenedin1971.com/
The difference between the fed and cryptocurrency is that with cryptocurrency you at least know what the economics are. With the fed, there is no transparency, just a centralized cartel that creates inflation through money printing. Why worship this cartel? It's not like they care about you.
Money printing should not be something only one evil corrupt group on earth gets to do. Anyone should be able to do it. Let there be competition among the money printers.
The banking system as it exists should be replaced with a better system, because it's currently serving no one except this evil cartel, and it plans on morphing into something even worse with its CBDC nonsense.