News for hackers. Stuff that matters.

A comment on What the world will be like in a hundred years (1922). Parent comment

Re:What the world will be like in a hundred years (1922) by jollybean on Thursday January 06, 2022 @10:49AM (#29825042)
" why the freedoms you mention are the result primarily of central banking and not social and technological change?"

I didn't mean to imply that.

Most of those things didn't come from Central Banking.

That said, modern finance has 'enabled everything' just like having a highly literate education 'enables everything' as well.

[ Parent | on HN ]
Re:What the world will be like in a hundred years (1922) by toomanydoubts on Thursday January 06, 2022 @12:13PM (#29826339)
They have also enabled commercial banks loaning other people money irresponsibly and getting obscenous bailouts when the loan takers default because "the banks are too big to fail". What a great world to live in.
[ Parent | on HN ]