Comments by "Frederick Miles" (@frederickmiles8815) on "Krystal and Saagar: GOP Admits UTTER FAILURE On Opposition To Stimulus Bill" video.

  1. Biden 2024... I am pretty sure if you asked what is Twitter - his response would be a sound a bird makes; and that answer is ok with me :) On the other hand there is a massive bomb built on low interest monetary policy. When the bubble bursts the economy will be crushed, much worse then it currently is. No one seems to get that money is created in a Keynes inspired system through bank lending. Government spending drives short term misallocation of resources and creates sugar highs - but does not destroy the bad debt which prevents banks from lending. The biggest gap we have is obvious; the Fed and monetary / fiscal policy makers (Liz Warren, Paper Hands Powell, Yellen, etc...) are intellectually ill-equipped to manage the machines that they have inherited. The banks and funds know this and run circles around them; every regulation turns into an arbritrage opportunity. But at least in the short term there is money in the pocket and shots in arms.
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