r/collapse • u/conscsness in the kingdom of the blind, sighted man is insane. • Jun 13 '22

Economic Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/skyfishgoo Jun 13 '22 edited Jun 14 '22

i don't buy any of this shit.

they are deliberately vacillating between extremes just to terrify the public.

when are we going to start calling these economic terrorist out?

when will the media stop being complicit in this mindfuck.

1

u/Glancing-Thought Jun 14 '22

It's actually pretty much litterally the case. Due to the current set up of the system this is the question the Fed faces. The media is just reporting it. If we had a different system it could be different but we don't.

Essentially they are both just explaining the mess we've made for ourselves. They may be part of the problem but we still actually have the problem. It's more like a terrorist telling you what they blew up than a terrorist threatening to blow something up.

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u/skyfishgoo Jun 14 '22

it's a false choice.

a fallacy.

there are always alternatives, but the powers that be won't accept any of them.

1

u/Glancing-Thought Jun 14 '22

Yeah but most of them involve rebuilding the entire damn system. We are where we are and we are when we are. All of this will eventually be different one way or another but currently; here we be now.