”People are suffering, people are dying, entire ecosystems are collapsing. We are in the beginning of a mass extinction and all you can talk about is money and fairytales of eternal economic growth.” Watch Greta Thunberg speak at the UN Monday morning. https://t.co/Akkxm9sXdr
Markets deliver to whoever bids highest; so they serve the richest best. All capitalists seek market control to limit supply & raise prices & profits. Competition drops many firms to a few who then control markets. US richest fund market enthusiasm for a reason.
Jim Bullard says there’s no need for an emergency rate cut but he is worried about too-low inflation expectations via @business @economics https://t.co/mbZugLEh2x