the_shalashaska t1_jecbttd wrote on March 30, 2023 at 11:43 PM

Reply to How bears feel rn by NeedThoseGains69

PSA: Stock Market ROARED throughout the entirety of Volcker hikes in the 1980s.

the_shalashaska t1_jdkby4v wrote on March 25, 2023 at 12:36 AM

Reply to comment by DYTTIGAF in Fed Balance Sheet by Mega-Lithium

Ok, got it. You’re vouching for the same “let ‘em die” policies that led to the Great Depression and GFC.

You don’t understand the entire concept of fractional reserve banking is built on simple trust…trust that you will get paid back. When that trust goes away, everything falls apart.

The only way to maintain that trust is to print print print. There is no other way this system survives. Once you realize that, you just ride the waves.