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I think all these guys know everything is fucked but they need to play the game and drag the fiat system along for as long as they can.
To me, when it comes to the fiscal/monetary situation there are three sets of people: a) those that have no clue everything is broken b) those that know everything is broken and are doing something about it (bitcoiners would fall into this category) c) those who know everything is broken but are furiously trying to plug holes in the leaky boat because they are perversely incentivized to keep it afloat.
Most in government (ie Jared Bernstein) fall into category a. All of Wall Street is category c
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Sounds about right.
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