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by chiefalchemist 1200 days ago
To your point, it's always the consumers / taxpayers that pay. Fine a company? That ends up in the price? "Tax" a "service provider" (e.g., banks) and that will ultimately be paid by the consumer.

And so on.

The Fed (and others) are going to do what they're going to do. My only wish is they stop with the euphemisms and the insulting of our collective intelligence.

1 comments

> My only wish is they stop with the euphemisms

Yeah, it kind of stuns me that this apparently works well enough for them to bother with the deception. I suspect it depends on a significant portion of the media choosing to just print quotes without highlighting the obvious implications. Sadly, I've noticed that highlighting such 'polite fictions' (or not) tends to vary in relation to the media outlet's political alignment with the party in power at the moment.