Right now the USD, along with basically all other money in …

Twetch ·

Right now the USD, along with basically all other money in the world, is in complete chaos. Its function as an abstraction layer for the valuation of all goods is broken.

So the Fed's response is to throw newly printed money at the problem.

Idiots.

Replies

Twetch ·

New money being thrown at the problem is an additional shock to the system. To solve this problem, prices need to stabilize according to the new reality, not be "stimulated".

Less shocks, not more!

Twetch ·

"Yeah, but like, if someone is struck by lightning, then, umm, they might need another shock to get their heart going!!"

Stupid analogies aside, the point of administering a shock is to stop the heart from beating so it can restart itself.