You are confused b/c you want to believe China can’t get anywhere without US.
Countries have been stealing and innovating on stolen techs since the first cave man made fire.
You only to deride and ridicule, adds nothing substantive
u/iM_XXXL
>Yeah I agree. Weird that the VC/Podcaster types on Twitter shrieking about hyperinflation and/or bank runs and/or a massive crash landing haven't been proven right yet.
They simply lack education / understanding that the Fed is fundamentally different from pre-08. Many lessons were learned from GFC, one of them that acting too slowly deepened the crisis.
The operational framework and default policy stance of the Fed is now the "Ample Reserves Regime". It became official and formally adopted in 2019:
https://www.federalreserve.gov/econres/notes/feds-notes/implementing-monetary-policy-in-an-ample-reserves-regime-the-basics-note-1-of-3-20200701.html
This allows them A) far more cushion to react to and prevent crises and B) to be lender of first resort rather than last resort. Able to inject liquidity quickly and clean up problems like SVB (Fed threw around half a trillion at it) rather than sit with their hands tied. With the latter, they have to just sit and watch until people start losing jobs and credit has been frozen already for a long time.
**3 of the largest 4 bank failures in history occurred just in the past year. Only Wamu from GFC was bigger. And yet were our lives even slightly impacted? It's basically imperceptible and that's a remarkable achievement.**
The whole rescheduling thing, will this allow regular ole pharmacies to get “scripts”? Seems like a big headache with DOT and states, not well versed on if this helps with cash flow b/c of what already exists.
Legal states can already accept debit/credit cards (mine anyway) none of these companies are selling product in my dispo’s. Privately owned money makers. State determined how many and “lottery” system. They sell eachother’s products and keep the prices high. Bank in Oklahoma will allow you to bank with them/loans already lol. Population 35k city with 70+dispos and equivalent grow ops.
THCA kinda weird even though it converts to THC when lit (can legally order online in most states b/c of 2018 Farm Bill. THCA = good to go, THC > like .xx something perfect = illegal. No high from eating THCA unless baked.
Fuck this whack shit, it’s seed/grow time and/or back to the black market. People will see