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@ Affinity**For*Disobedience
2025-06-08 22:58:39
nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhkummnw3ezumtpd35kutn0dekqz9rhwden5te0dehhxarjwdshganp9ehx2aqkrad8wOverall I agree. I've gone through that whole journey myself. However I'd make a slight tweak. I'd say it's even more simple... "Government prints money". At first that sounds like a layman misunderstanding that a credentialist economist would scoff at " Government is not in charge of monetary policy you ignorant pleb hahaha, that is why we have an independent institution in the central bank." But once get to the bottom of the rabbit hole, it is in fact as simple as that, The Fed is just a tool that government uses to deflect blame and responsibility, in order to hide the money printing in plain sight.