@ceviche_guevara @PeterSchiff I mean, to be clear, I don't think they're all faking it. But to the extent that there's suddenly an increase in people reporting to be sick just in time for Christmas, no one should be surprised. I'm not shitting on "workers," it's just human nature.
@ceviche_guevara @PeterSchiff What is so low about pointing out the obvious fact that most people would rather spend Christmas with family? People aren't complete idiots. They'll take advantage when they can. It's important to understand in a time when more and more moral hazards are being made/contemplated.
@JohnnySpasmodic @PeterSchiff Rates at 3%, for example, would likely cause problems, but real rates would still be quite negative, so it doesn't seem like it would deal with inflation (wouldn't encourage people to save instead of borrow and spend). What do you think?