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5 sats \ 0 replies \ @Atreus 10h \ on: Fed's December rate cut looks increasingly like a toss-up econ
We're at the stage of capitalism where the plebs forget that central banking is a socialist, not capitalist, institution: it's the fifth principle of the Communist Manifesto, "Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly."
Capitalism would be an improvement over all these wizards and alchemy games they're playing in D.C.