The fact that this comment is even showing up on HN is a testament to how far gone the U.S. populace is lol.
U.S. economy had the best standing of any other economy thanks directly to the policies set forth by the fed-res, yet this guy thinks they were trying to engineer the exact opposite outcome that happened.
Like a doctor giving a patient medicine, the patient being cured, and the patient then claiming "I didn't need the medicine you were just trying to kill me all along!"
Truly incredible.
We are not a serious country anymore, if we ever were.
The amount MAGA apologists spouting off bs on HN in the last 2 years has been disappointing. I've been on HN for about 8 years now and lately the pervasive brain rot has made a home even here. Truly disappointing.
It's not brain rot, it's populist messaging doing what it does. Trump built a foundation in people's minds on emotional appeals. He drew a picture of a country under attack, and one only He can reverse course on. Through careful messaging and constantly appealing to the lowest common denominator, He has made himself a God. And, as such, his supporters are nothing more than believers. What they lack in evidence or reasoning they more than make up for in blind faith.
Sure but how is blindly following an ignorant buffoon not a clear indication of brain rot? You'd expect people would be more able to see through his constant lying, severe ineptitude and other bs but apparently there is no use of critical thinking going on within his cult
There never was rampant inflation (in the sense of the term of expanding money supply). It was all driven by the increased prices supply shock driven "inflation". The solution to high prices ("inflation") is high prices, not increased interest rates.
