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true, true, I just found a lot of the early twitter ranty commentary missing the point -- OMG THE ECB IS ATTACKING US, and they think it's payments yada-yada.
I actually appreciated the thought experiment/toy model these guys provided. Redistribution of wealth, basically.
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The best kind of redistribution, from parasites to plebs.
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How is the slack "undeserved" exactly? Seems entirely deserved to me, for all the reasons you mention in your article and for all the commentary I've seen on social media as well. Good article otherwise.