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0 pointsSideQuark3y ago0 comments

One example does not negate the evidence I just posted including 51 examples, nor does it change the vastly better trends under the Fed.

So why pick a single event, ignore 50 others, ignore the trends shown in US (and 100's of other country) datasets, covering hundreds of years?

I just posted a decent intro to the evidence. Please read it. The economic evidence for the benefits of central banking versus not having a central bank are so thoroughly answered in economic literature that not a single country is stupid enough to go without one, despite those 100s of countries having a lot of other variety.

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moistly3y ago

Because feels before reals is how so many people live their life these days. Reality doesn’t let them blame the people they want to blame, or reality doesn’t assuage the fears they fear, or reality doesn’t let them feel smarter than everyone else, so they fall back to empty platitudes and fantasies to protect themselves from reality.

j / k navigate · click thread line to collapse

0 pointsSideQuark3y ago0 comments

One example does not negate the evidence I just posted including 51 examples, nor does it change the vastly better trends under the Fed.

So why pick a single event, ignore 50 others, ignore the trends shown in US (and 100's of other country) datasets, covering hundreds of years?

0 comments

moistly3y ago

j / k navigate · click thread line to collapse