It's $1.5T in LOANS, not free money
https://twitter.com/mtsw/status/1238173249634045953 …
-
-
Replying to @Noahpinion
I replied similarly to a suggestion to instead pay of student loans. But I certainly never learned sufficient basic economics to understand what that any of this means in school. Like not even inflation. Not to speak of how central banks work, and how they can affect the market.
2 replies 0 retweets 3 likes -
Replying to @AndresFreundPol @Noahpinion
Highly suggest watching the documentary -- Money for Free: Inside the Federal Reserve. Well done and insightful with several former Fed employees (including Volcker smacking down Greenspan and Bernanke).
1 reply 0 retweets 3 likes -
Replying to @SmallpoxJimmy @Noahpinion
Thanks for the suggestion! Seems like there'll be more time for watching documentaries in the next weeks :(.
1 reply 0 retweets 2 likes
To clarify, mostly for my ego: I was at first annoyed at the naivete of the fed action being compared to giving money away. Then realized that it takes plenty interest to learn enough economics to understand that it's not, given how little education general public gets about it.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.