n7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · il y a 6 moisEveryday AI looks more like the '08 housing bubbleimagemessage-square222linkfedilinkarrow-up11.2Karrow-down127cross-posted to: fuck_ai@lemmy.world
arrow-up11.18Karrow-down1imageEveryday AI looks more like the '08 housing bubblen7gifmdn@lemmy.ca to Technology@lemmy.worldEnglish · il y a 6 moismessage-square222linkfedilinkcross-posted to: fuck_ai@lemmy.world
minus-squarehenfredemarslinkfedilinkEnglisharrow-up53arrow-down2·il y a 6 moisYes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up24·il y a 6 moisThe amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
minus-squarehenfredemarslinkfedilinkEnglisharrow-up15arrow-down1·il y a 6 moisNonsense. We can print an unlimited amount of dollars.
minus-squareeatCasserole@lemmy.worldlinkfedilinkEnglisharrow-up17·il y a 6 moisWell if they want to devalue the US dollar…that’ll do it.
minus-squarehenfredemarslinkfedilinkEnglisharrow-up17·il y a 6 moisLast time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up8·il y a 6 moisThat sure sounds like “to save the economy, we need to destroy the economy”.
minus-squareDominusOfMegadeus@sh.itjust.workslinkfedilinkEnglisharrow-up7arrow-down1·edit-2il y a 6 moisLike onto tax paying individuals
Yes! The problem is that we won’t accept the full correction that is actually required. We print money, we buy securities, we find ways to prop to reduce the pain but we end up shifting the weakness to other areas of the economy.
The amounts going around now are getting too big for a government to cover. Instead of too big to fail, they’re now too big to bail.
Nonsense. We can print an unlimited amount of dollars.
Well if they want to devalue the US dollar…that’ll do it.
Last time I checked gold and silver were at all time highs and the dollar was down more than 10% YTD.
That sure sounds like “to save the economy, we need to destroy the economy”.
Like onto tax paying individuals