• 0 Posts
  • 13 Comments
Joined 10 months ago
cake
Cake day: August 27th, 2023

help-circle







  • It’s been a farse well before 2008. That’s why it crashed. The fact that they decided to do QE was what made it worse. You had multiple QE programs after that, then you had lockdowns which not only injected more but stopped production. So now you have less goods and more money supply.

    You have a debt crisis. Most businesses and corporations are swimming in debt. That money is paid to someone, investments, projects, jobs… Which eventually finds its way into the economy.

    You have a housing problem. Your house prices have ballooned higher than 2008. You can’t say that’s corporation greed. That’s simply the debt fuelled economy which leads to a devalued dollar.

    And to your point, America didn’t collectively agree, the government fucked it’s people and will fuck them again purely because people just didn’t know. That’s why it’s so important to know where to direct your anger. Corporations? Yeah fuck them but there’s a root to all the problems. And that’s monetary policy.