If a government prints money and conducts open market operations to stop sell offs, the government is picking who is a winner and who is a loser. And if the government is picking winners and losers they government is controlling the means of production. That is a socialist gov
— hks55 (@hks55) February 17, 2020
Central banks constantly intervene to stop small corrections. All that does is push them forward into a big pile with all the others. Central banks will lose control …..hyperinflation will result if nothing else. They are far bigger danger to society than any foreign adversary.
— hks55 (@hks55) February 17, 2020
Bear markets/recessions are essential to functioning democracy b/c it reduces barriers to entry and allows new people to enter markets. Central banks prevent that thereby suppressing entire generations. It’s no coincidence millennials will be first to earn less than their parents t.co/uEzGf9aEB4
— hks55 (@hks55) February 17, 2020