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this post was submitted on 01 Mar 2024
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Because the economy is so great. /S. Please ignore the fact that we just went through nearly 20% inflation and that now, small and mid-sized banks will begin crashing like dominos, because of their exposure to commercial real estate, when everybody wants to work from home. Mild recessions are necessary. Not severe ones, for sure, but some is necessary.
And this can all be laid at the feet of the Federal Reserve, which is not Federal, and has no reserves, and counterfeits money with the blessing of the government.
Seeing your @monero.town address made me love this comment even more
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