gondron.bsky.social
The only true wisdom is in knowing you know nothing…
Bill and Ted’s friend Socrates
271 posts
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Regular Contributor
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Welcome aboard
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The DOGE is the US equivalent of the two Bobs.
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It’s everywhere
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I’m wondering who will live next to the Narco trafficker families they just cut a deal with and brought into the country from Mexico. Did the each pay for the gold citizen card? www.latimes.com/california/s...
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So he breaks even on Coachella?
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Alito is exactly what he pretends not to be (nah man, my wife can fly whatever flags she wants)
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Real-World Example:Paul Volcker (Fed Chair, 1979–1987) raised interest rates aggressively to fight inflation, despite political backlash.
, A less independent Fed might have caved to political pressure, leading to prolonged inflation.
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If a central bank is not independent:
• It may print money to finance government deficits, leading to hyperinflation (e.g., Zimbabwe, Venezuela).
• It may delay necessary tightening (raising rates) to avoid short-term pain, which creates worse problems (e.g., stagflation or asset bubbles).
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3. Better Long-Term Planning
• Predictable and stable monetary policy encourages business investment and hiring.
• Volatile or politically driven policy creates uncertainty, which harms growth.
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2. Increased Market Credibility
• Markets trust that the central bank will maintain price stability.
• This reduces inflation expectations, which in turn keeps interest rates and borrowing costs lower in the long run.
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Long-Term Economic Stability 1. Lower Long-Term Inflation :Studies show more independent central banks tend to produce lower and more stable inflation, Politicians may be tempted to stimulate the economy before elections (a.k.a. the “political business cycle”), leading to inflation later
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The Federal Reserve mostly has instrument independence, while its goals are broadly set by Congress (price stability and full employment).
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There are two main types:
1. Instrument independence – The central bank can choose how to achieve its goals (e.g. raising rates to fight inflation).
2. Goal independence – The central bank sets its own policy targets (e.g. inflation target vs. employment target).
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Central Bank Independence: What It Means
Central bank independence refers to the freedom of a nation’s central bank (like the Federal Reserve in the U.S.) to set monetary policy (interest rates, money supply, etc.) without direct political interference.
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Here is a why we need an independent Fed:
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They really think Americans are this stupid.
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Rock ridge!
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Go Jo(Jo)
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Pretty much this on repeat ♾️
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Why am I repulsed by this ? Call me a skeptic but wouldn’t this be more thrilling if it were a group of woman with PhD’s in nuclear physics , civil rights lawyers , Doctors , Novelists etc ?
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Fall down 20 rungs on a ladder, climb 3 rungs … declare victory !
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Ethics are a quaint phase of yesteryear with King Snake oil in charge
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Stay strong JoJo
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Christians in the US are certainly not helping the perception of “ Christians being for the good of all humanity “
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Not so sure about this. At one time , not that long ago, religion and politics were not live streamed on social media , we may have had disagreements but it’s was not “politics is war” disclaimer: I despise all that MAGA stands for AND I believe the USA needs more than one healthy political party
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In simpler terms
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Public transportation, something for the common good , what a novel concept . Let’s try to keep DOGE away from it.
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Go Corey Go
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Piper nooooooooooowa!
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Oh man President Musk is gonna be mad
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Isn’t this the personal evolution we want people to go through ? If you think one way in your lifetime, you become educated through life’s experiences + wisdom + education … you then come to a different conclusion of your youth. Later in life you can strive to improve.
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Just your usual daily … what’s up happening folks, here’s my agenda for the day…
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George throwing down some facts
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Ohhh that is good and timely
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The reason it’s not even a false equivalence is he says that was a “peaceful gathering filled with love”