This really has been Fed policy for much, much longer than 20 years. It's been known since the stagflation associated with the 1973 oil crisis that it doesn't really work very well, but it's practically the only lever they have, so they keep using it.

I mean fair, but then why did it cause wage stagnation back in the 70s and early 80s, and not since?

What do you mean, wage growth has been largely stagnant since the 70's. https://files.epi.org/charts/img/7894.png The mistake in my comment was being too specific.

The article claims that wages started growing again in the mid-90s: https://substackcdn.com/image/fetch/w_1456,c_limit,f_webp,q_...

I don't know enough economics to determine which graph is correct—yours or theirs. Or maybe they're measuring slightly different things?

> Yeah, makes me wonder where the author was during those decades.

Judging only from the date the author graduated from college: he wasn't around in the 70s, and he was a child for the 80s and much of the 90s. Apparently history began only when he was old enough to start paying attention to it.

Interestingly, the word "neoliberalism" never appears in this article.

It is legitimately hard to tell if this is a parody account.

Thats because youre conditioned in your culture to want the nice lies that tell you other people care by a society that wraps everything in BS.

Foreigners may consider my culture brutal and unforgiving, but at least its honest from the outset

The law, in its majestic equality, forbids the rich and poor alike to sleep under bridges, to beg in the streets, and to steal bread.

Most billionaires are pretty bad, and Musk is among the worst of them.

I had a think for a while about the least bad billionaire, and I'm going to go with Taylor Swift. The worst thing she does is have an astronomical personal carbon footprint, which is true of all billionaires.

Telix was good, as was CKermit for DOS. Neither supports modern perversions like 256 colors, but they both support VT220 or color ANSI.

Consciousness is already MALIGNANTLY USELESS[1] in humans. Spreading it to other species would be the greatest crime in human history.

[1] Ligotti, 2010

I have also come to this conclusion. Consciousness might be an evolutionary dead end.

The review on Chapo Trap House with Matt Bruenig was pretty good: https://www.youtube.com/watch?v=9w5rYhKL83E

I heard about it from this article a friend posted to a group chat: https://www.404media.co/vibe-coded-ai-app-generates-recipes-...

There are a lot of really weird recipes still on there, including cyanide ice cream.