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by ur-whale 1918 days ago
> the correct finger pointing here is at monetary policy.

At this point, even calling it "policy" is utter delusion: it would somehow implies the people who hold the wheel have a minimal clue about what the impact of their decisions ("Policies") will have for the mid to long term future of the economy.

They absolutely don't. They are driving without a map, only worrying about the next turn in the road.

We are raised to believe our leaders are at least vaguely competent.

At best: they aren't. At worst: their actual competence is centered around how much they can do for themselves.

1 comments

It’s really akin to doctors centuries ago who would bleed out patients. Their cure is worse than the disease.