[spiralx]

> Bitcoin, gold, and anti-fed fanboys have a tendency to have a poor understanding at best of global economics with very basic misunderstandings like thinking that bumping the rate bumps the rates of all previous bonds.

Discussion on this post is worse than the usual level of discussion here, and the usual level around these topics isn't great at best. Hard to discuss monetary policy with someone who doesn't know what monetary policy actually is.

[jeffalbertson]

Not trying to be a rude but why even make this comment? Just saying something is bad and inferring people are amateurs without offering any insight yourself is just as useless as the opinions you think are uninformed

[hackerfromthefu]

Seems like the point of the comment is a reality check against hubris. This can have value to help people who don't know what they don't know begin to understand what the things they don't know are. Possibly the most valuable kind of learning at all.