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MountainHoliday

yea I guess everyone else on hackernews are experters on central banks and I shouldn't comment
Central banks were designed to suppress wages. This is where we get the 0 to 3% target. It will erode wages and the thinking was not lead to layoffs and unemployment. When the elites meddle with the economy and peoples lives it's a good thing

edit: There is a source for this, and quote by Janet Yellen, in a New York Times article discussing the modern theory on central bank governance if I can be bothered to find it

Re:When did New York start building slowly? on Thursday March 23, 2023 @11:31PM (#35284752)
Large government is just another form of monopoly control corruption
Re:When did New York start building slowly? on Thursday March 23, 2023 @11:30PM (#35284746)
These systems only work with freedom of movement. You get global rules and law that'll remove any correcting mechanism
Re:Do Kwon reportedly arrested in Montenegro on Thursday March 23, 2023 @10:36PM (#35284371)
No they are just criminals. And police target criminals
Re:Do Kwon reportedly arrested in Montenegro on Thursday March 23, 2023 @10:36PM (#35284363)
Crypto people are anti fiat. That's bitcoiners. Crypto people believe every VC should have their own private money
So it's the company SpaceX not Musk