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hospitalJail | karma 1814 | avg karma 1.58 · 2023-09-05 06:13:30

Seriously. The mental gymnastics of economists on the Federal Reserve is mind boggling. Its truly an orthodox religion with rigid rules to follow.

The Federal Reserve lies, and the economists continue to trust their every word.

My theory is that the deep state needs control of the currency, so they specifically put economists that teach the necessity of the Federal Reserve.

lotsofpulp | karma 34330 | avg karma 1.97 · 2023-09-05 07:18:22

A much simpler theory is that people still value relatively trustworthy entities even if they might not be absolutely trustworthy.

tekla | karma 2501 | avg karma 2.18 · 2023-09-05 08:32:28

I look forward to you deep and thorough analysis of the wrongness of the fed.