An immutable law: You get more of what you subsidize.— Carla Gericke, Live Free And Thrive! (@CarlaGericke) March 14, 2023
If you bail out:
Drug users, you get more junkies
Banks, you get more banksters
Pharma, you get more harma
Stop underwriting bad behavior & expecting different results.#EndTheFed#BankingCrisis#Crypto#LiveFreeAndThrive
The rise in poverty and homelessness is a direct result of the 2008 bank bailouts. The rise in drug use and overdose deaths is a direct result of the 2008 bank bailouts because people are suffering from economic malaise. This next bailout may be the straw that breaks the camel’s back… possibly even a full dollar collapse (definitely if the Petrodollar ends). You cannot allow the rich to reap rewards, but socialize their risk. This leads to moral hazards… which is where we are now.