Corporate America (bankers, markets, etc.) prefer it this way. This isn’t a conspiracy theory — bankers have run the show (entirely) since the early 70s.
Goddamnit, no, actual bankers of many faiths (or lack thereof) gained leverage and a majority “stake” at the table by buying munis and treasuries when literally ALL bids ceased during the stagflation era of the 70s.
Corporate America (bankers, markets, etc.) prefer it this way. This isn’t a conspiracy theory — bankers have run the show (entirely) since the early 70s.
Ah yes, “(((bankers)))”
Sure bud. Humans are terrible at this shit.
Goddamnit, no, actual bankers of many faiths (or lack thereof) gained leverage and a majority “stake” at the table by buying munis and treasuries when literally ALL bids ceased during the stagflation era of the 70s.