Re:Why inflation is not a threat
by jkhdigital on Sunday March 14, 2021 @01:28PM
(#26457006)
Because in a democracy, effectively granting the legislature the power to print money and hand it to citizens is fraught with some pretty obvious conflicts of interest.
(yes I know the Fed is “independent” but it is the tail on a government dog—the two are separated only in name)
Re:Why inflation is not a threat
by lumost on Monday March 15, 2021 @09:36AM
(#26465919)
Is the peril greater than giving money to large financial corporations? Extremely Large corporations often lobby or directly corrupt their surrounding regulatory authorities.
(yes I know the Fed is “independent” but it is the tail on a government dog—the two are separated only in name)