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20 sats \ 2 replies \ @frostdragon 24 Jul 2022 \ on: WSJ Opinion | The High Cost of Free Money bitcoin
“One lesson for Congress seems clear: Never again send out cash with no strings attached.”
Rather ominous.
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20 sats \ 1 reply \ @zuspotirko 24 Jul 2022
Well, what would have been good strings attached? Because no many handouts would not have been a compromise that 50% of congress would have accepted. And limiting it only to food/rent/utilities would have had an even bigger puchback.
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20 sats \ 0 replies \ @frostdragon 24 Jul 2022
CBDC would make strings pretty easy. Who knows if it’ll actually catch on, but I bet it’s looking pretty attractive to some of our politicians. And now that they can point to the failure of covid measures, they might try to use that to make more of a case for it.
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