• relativestranger@feddit.nl
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    1 day ago

    they know what they’re doing. they’re lining all the right pockets. it’s just that they don’t give a fuck about anything else when it comes to ‘money’

    • Imperor@lemmy.world
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      1 day ago

      They know what they’re doing when it comes to funneling money into their own pockets, I agree here. But they’ll do it in such a hamfisted way, that it will bring down the entire house of cards, because they don’t understand or bother to understand the systems they’re pilfering. Though, this might very well be part of what they want to accomplish anyway.

    • JeremyHuntQW12@lemmy.world
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      21 hours ago

      No they don’t know what they are doing.

      There is an economic theory called the J-curve. The idea is that if you cut public spending whilst cutting limits to bank lending, the private sector will make up for the reduction in public spending. J curve theory was popular in the 1970s, that period known for low inflation (/s).

    • Rolder@reddthat.com
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      1 day ago

      Doesn’t really matter how many dollars you dish out if the dollar isn’t worth the paper it’s printed on