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John Oliver on the Weirdest Autocrat in the World: Gurbanguly Berdimuhamedov [VIDEO]

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Blind Frog Belly White8/12/2019 5:10:05 pm PDT

re: #267 Anymouse 🌹🎃

Except the Federal Reserve is not directly controlled by the government. The member banks would slaughter every member of the Fed if they tried that.

Even if the Fed could do that, hyperinflation is essentially the same thing. It is not bankruptcy in the sense you can’t pay your bills, but you’ve effectively made it so you can never pay a bill again.

Also, no, hyperinflation is NOT the same thing. Hyperinflation would essentially zero out EVERYONE’S debts, because they’re ALL denominated in dollars.

There are a lot of ways for things to be completely fucked up without them all being the same thing.