11–20 of 35 posts
There's almost an underlying assumption that taxpayers will bail you out, or you that you won't go to jail for all these securities frauds, or miscalculating risk on pension funds assets is okay. Rip away all these away and the Emperor is called out to be naked very quickly.
Earlier quoted context omitted.
Why has inflation been low then? I know there was a covid spike and it's a little higher now, but if money printing was out of control, wouldn't we have Venezuela or Zimbabwe levels of inflation?
because printed money mostly goes to stocks, private family funds + overseas. That level of inflation requires failed financial system + lack of fiancial people. Why do you think sp500 and stocks are at ATH? they get printed fiat that's why. you as a worker dont get printed fiat now so you dont add to consumer inflation. They gave covid checks and business loans when inflation increased, you dont get that benefit any…
Do they exist to ensure fairness, or to prop up the winners?
Pretty obvious answer.
Content aside, I find it sad that "journalists" don't even bother tagging their opinion articles with "Opinion" or "Editorial" any more.
In 2008, the SEC made it illegal to short financial institutions. Do they exist to ensure fairness, or to prop up the winners? Pretty obvious answer.
Content aside, I find it sad that "journalists" don't even bother tagging their opinion articles with "Opinion" or "Editorial" any more.
Do you really need to be told that "It’s better to be rich than right" cannot be an objective fact?
It's not about being told. It's about the publication's attitude towards producing impartial content.