FNLN_taken
FNLN_taken t1_jdotkb7 wrote
Reply to comment by plumquat in Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy by Kl--------k
The fed can't raise taxes. They have said, pretty explicitly, "If noone else is going to do anything useful, we are going to have to do what we can".
Biden has proposed increasing capital gains tax, but for one congress moves too slow, and secondly the republicans will block it anyways.
Raising interest rates does affect large borrowers more, and most large-scale transactions are debt financed. It's not ideal for specific problems, like the housing market, but it will achieve the goal of cooling the economy.
FNLN_taken t1_j9nx81y wrote
Reply to comment by godisanelectricolive in Mary Elizabeth Winstead Joins Ewan McGregor in ‘A Gentleman in Moscow’ Series at Showtime & Paramount+ by DemiFiendRSA
There's going to be a character called Her-ass-in-dull-a ?
lol
FNLN_taken t1_j7czqtl wrote
Reply to comment by Smartnership in New analog quantum computers to solve previously unsolvable problems by jormungandrsjig
So, basically an FPGA with quantum components. The interesting part is the scalable solid-state quantum components, imo, which to my knowledge don't yet exist.
FNLN_taken t1_irgklx4 wrote
Reply to comment by yeah_yeah_therabbit in Simple/Short/Silly History Questions Saturday! by AutoModerator
Wait until you hear about the flaming pigs.
FNLN_taken t1_irget9c wrote
Reply to comment by CatJamarchist in “Scientific progress is thwarted by the ownership of knowledge.” How Karl Popper’s philosophy of science can overcome clinical corruption. by IAI_Admin
It's a play on a rotten apple spoils the bunch. If 1 trial out of 10000 gets an automatic pass, then the system is rigged, that sort of thing.
The problem here is what "being rigged" means. It's not enough to have a flaw in the system, the system must be intentionally designed to give unequal outcomes.
So unless I am given further proof that the trial system was designed such that big pharma can bypass it at a cost, I am saying that it isnt rigged.
FNLN_taken t1_jdpeypn wrote
Reply to comment by [deleted] in Too big for Switzerland? Credit Suisse rescue creates bank twice the size of the economy by Kl--------k
I'm just another wage slave who's spending power has decreased by 10% in half a year, I am just going off what can be learned from what economists say and what seems reasonable to expect from past experiences. Pretty much just as you do.
I just don't see, specifically regarding the fed rates, what else they could have done; because pumping trillions more into the banks is exactly what ended us up here.