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    9 months ago

    I understand the Fed pretty well. I’m going to assume you listen to the Austrian economic school, or are just a crypto bro, whereas I tend to like the New Keyenesian school; as long as we’re keeping a capitalist system. Austrian school lacks mathematical rigor and libertarians just like it just because it’s prescriptions align with their ideaology, IMO.

    • CableMonster@lemmy.ml
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      9 months ago

      Of all the groups the libertarians are the only ones that actually understand economics. Both of the major parties live in imaginary money land where the fed solves problems and save the world. The issue with the fed is direct and obvious.