I really don't think America can afford another pandemic. Our financial system is way too fucked. Every time there's a disaster we have to throw trillions of dollars at the corporate elite in hopes they won't decide to shut down the world economy?
Yep. When you can print infinite amounts of money then you can keep doing this till people have no faith in your "money". That seems to take awhile, however I wonder if it will collide with the political reality unfolding these days. Will be interesting to watch.
Its really a hostage-taking situation being negotiated between big business and the Federal Reserve, where America is the hostage, and if the feds don't dole out $500 billion (1/4 of the total $2 trillion package) to big business, they just shut everything down. It is another bailout for people who made greedy choices, fucked themselves, and the rest of the country along with them.
Yep. And they will lay people off/use the money to boost stock anyway. No surprise there.
I am getting my hands on as much bitcoin as I can.
Reasonable move. My guess is if this continues at some point people with bitcoin will be tortured or "encouraged" to turn over their "wealth". But what really matters is not wealth but your ability to keep propping up the system till the last second. As a slave when it becomes time for that.
First tiny whiff of this is ex-army doctors being called up again to serve the President. Sure it's totally for a great cause and everything but isn't that just papering over the decisions made a few years ago to defund pandemic response and to put this whole thing in the hands of complete idiots from December-March? Isn't that just a way to make people not pay for their mistakes by forcing others to respond?
Ok, maybe second tiny whiff. First one was not learning one fucking lesson from 2008 other than don't worry about preparing for anything, someone else will be tapped to bail you out instead of you having to prepare yourself.
What do you think the response will be for the next disaster? Think they will change their ways? Get out of the way and let intelligent people run things?
Hm.
Might want to think about learning how to hide ability as well as bitcoin.