120 sats \ 2 replies \ @bitdern 25 Jan \ on: Scam 1992 and QE econ
Soft/covert QE! They’re doing something similar with the BTFP program, except this time, buying underwater assets at par value only 🤪🤘🙄
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I think it's likely because of all the jargon in combination with a decades-long propaganda campaign that finance/money is really difficult to understand.
also most people don't wanna do the legwork that you have done, analogies that normies can understand might work, but it could also just be a "slow boil the frogs" kinda deal
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