[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 46 KB, 620x450, Robert Rubin - Alan Greenspan - Lawrence Summers.jpg [View same] [iqdb] [saucenao] [google]
57362669 No.57362669 [Reply] [Original]

>Price goes up.
This is inflation.
>Price goes down.
This is a recession.
>Price stay the same.
This is stagnation.

I've been watching Bloomberg and Fox Business for the past 15 years. What exactly do they want? Give it to me straight.

>> No.57362698

>>57362669
more money

>> No.57362700

>>57362669
they want to extract fiat money from you
they will meme whatever to make you not have money

>> No.57362738

>>57362669
infinite esg good goy points.

>> No.57362775

>>57362669
They want more power, more money, especially over you.

>> No.57362797

They want you to always feel defeated and to continue working until you die.

>> No.57362799

>>57362669
After the financial apocalypse, neoliberalism rose from the dead—stronger than ever

At the onset of the Great Recession, as house prices sank and joblessness soared, many commentators thought that neoliberalism itself was in its death throes. And yet it seems that—post-apocalypse—we’ve awoken into a second nightmare more ghastly than the first: a political class still blaming government intervention, a global drive for austerity, stagflation, and exploding sovereign debt crises.
Philip Mirowski argues that, as in classic studies of cognitive dissonance, neoliberal thought has become so pervasive that any countervailing evidence serves only to further convince disciples of its ultimate truth. Once neoliberalism became a Theory of Everything—a revolutionary account of self, knowledge, information, markets, and government—it could no longer be falsified by mere data from the ‘real’ economy.
In this sharp, witty and deeply informed account—taking no prisoners in his pursuit of ‘zombie’ economists—Mirowski surveys the wreckage of what passes for economic thought, and finally provides the basis for an anti-neoliberal account of the current crisis and our future prospects.

>> No.57363403
File: 78 KB, 748x538, sbf.jpg [View same] [iqdb] [saucenao] [google]
57363403

>>57362669
they want to transfer the money in your pocket into theirs by way of fear, uncertainty, and doubt.

>> No.57363695
File: 99 KB, 774x710, 1705568591506578.jpg [View same] [iqdb] [saucenao] [google]
57363695

>>57362669
They want low rates so they can take out a bazillion dollars of cheap debt and dump it in assets, then cash out at the cycle top crashing the markets, ruining old folks pensions, forcing the fed to cut rates, then do it all over again until the 1% own 99% of stuff. Also own all houses on cheap debt so the common wagie has nowhere to live