They employ our politicians. Ask Steven donziger about it.

None of it is "taxpayer money" it is all US dollars of which the government creates. You're going to say anything except that the real problem around inflation is price gouging. It's a long way to go to beat around that bush but I respect it, a little.

Of course, I momentarily forgot the term "depositors"

Still pretty wild how the US back stopped them and so fast, I wonder how precedent will work going forward. Do think this "spending" will drive inflation more? By how many more basis points until jpow is happy with the unemployment numbers? This is a good opportunity for you to share your perspective but you only wanted to comment on what equates to a grammatical error.

This is 2023.

https://truthout.org/articles/the-10-largest-deposit-accounts-at-svb-held-13-billion-fdic-chair-says/

They didn't print money they moved a decimal on a computer and sent checks out. I know you have a hard time accepting that the dollar is a fiat currency but it's been that way for a while now, and the US government can pay for whatever it has the will and labor to do. Tell me, how do you feel about ten folks at SVB getting a mulligan on their $13 billion gamble?

Ok, while I'd love to send you more reading material I don't think we have all of the data necessary for me to completely irrefutably disprove your bullshit. Are we just name calling because we're upset or would you like to continue what I was talking about regarding the US Fed policy and the media's "inflation" narrative?

https://www.cnbc.com/2018/11/01/how-much-money-you-need-to-be-part-of-the-1-percent-worldwide.html

Still not there yet and this 2018, you're sadly proving my point while losing your own argument in the weeds.

https://www.knightfrank.com/research/article/2021-03-01-how-much-wealth-gets-you-into-the-global-top-1

You don't know what the heck you're talking about. You said I'm top 1% of global population? This link above says you're full of it. I can find more if you want to take another shot?

First of all, doubt. And B: we're not talking about that, we're talking specifically about US Fed and fiscal policies.

So thanks but no thanks on the reductive straw man argument.

What planet do you live on? I'm old enough to remember the bastards being bailed out during the 08 recession. Recession is big business for those 1%ers. Ask the ten folks from SVB who got 13bil when their bets didn't hold up to rate hikes. Those losers failed their way right on up.

Sure, if it was just inflation then that's kind of accurate, when we see cost of goods going up as well as record profits, that shit is price gouging. Record profits I'm talking about are much higher than the 10% inflation accounts for.

I have, that wasn't the lie, the lie is that this is to contain "inflation" that came about due to government spending actually helping working people. And they'd have you believe inflation has nothing to do with the record profits being recorded in just about every major industry.

They're lying to us (edit: about the inflation narrative, it's causes and it's cures) and the economy is going to get much worse, more unemployment, higher rates all before it gets better. Jpow is an old neoliberal austerity guy and it's well past his bedtime.

Assuming you're from a monetarily sovereign nation, Your tax dollars are deleted after payment and any new spending from the federal government is currency created by the federal government. Limited only by real resources; materials, logistics and labor.

Corporate media is a scourge upon our society in today's day and age. Like SOAD said all them years ago...

"Advertising's got you on the run..."

Controversial but I don't think pineapple goes on snoots.

Let's be honest, most of them won the birth lottery and are convinced that their own merits are what got them there.

Rich people are the worst people.

The real reason to hate Gates.

Problem is the companies would rather protect their patents than share them with other countries so poorer nations can develop their own mRNA vaccines and get their people vaccinated. If we have whole countries without the use of mRNA vaccines then the variants will just keep coming. Keeping those same companies wealthy and keeping the world sick. Capitalism kills again.

Pizzly sounds like Snoop was involved in the naming process.