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by imtringued 1619 days ago
Really? Abundance of capital is impossible? Scarcity is impossible to solve?

Honestly, this is really weird. Especially the zombie company myth. Peace does not make a profit, building weapons is highly profitable. Meanwhile taking care of the elderly or renewable energies have relatively low yields. If you insist that returns must always be positive then expect your society to turn to corruption and war because those are the bastions of eternal profit.

From my perspective, it's the market that is forcing the Fed, not the other way around. In fact, the Fed is so toothless, I don't know why anyone cares about it. The only thing people are justified to be angry about is that land has its own liquidity preference but hey, that problem is how homeowners and real estate investors got rich at the expense of the future generation so it won't be solved.