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Re:Fed’s Balance Sheet Exceeds $7T for First Time in History by mindslight on Friday May 22, 2020 @09:02PM (#23278840)
That's another piece of the mistaken middle class buy in - labor is not an end unto itself. At the same time we have massive technological progress focused on the goal of reducing human effort, the Federal Reserve is optimizing to keep everyone working full time. The entirely predictable result is a load of meaningless bullshit jobs, especially concentrated in the sectors that receive the new money.

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