{"id":12983,"date":"2020-04-15T17:10:11","date_gmt":"2020-04-15T21:10:11","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12983"},"modified":"2020-04-15T23:04:19","modified_gmt":"2020-04-16T03:04:19","slug":"one-mans-financialization-is-another-mans-liability-and-short-fall","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/one-mans-financialization-is-another-mans-liability-and-short-fall\/","title":{"rendered":"One Man\u00e2\u20ac\u2122s Financialization Is Another Mans Liability and Short Fall"},"content":{"rendered":"<div>\n<div dir=\"ltr\">By Larry Chiang<\/div>\n<div dir=\"ltr\">Pretty much no one knows what\u00e2\u20ac\u2122s going on<\/div>\n<div dir=\"ltr\">Even the engineering educated people like me and Chamath Palihapitiya are confused&#8230;<\/p>\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1226923018422648833\/7H2BhMz6_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/td>\n<td><b>Chamath Palihapitiya (<a href=\"https:\/\/twitter.com\/chamath?s=11\">@chamath<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/chamath\/status\/1250454584339791872?s=11\">4\/15\/20, 11:02 AM<\/a><\/div>\n<div>Inequality and anti-capitalism in one chart.<\/p>\n<div>\n<p>The Fed, for the last 25 years, have used their tools and $$$ to preserve equity and credit prices at all costs. As a result, when economies contract, avg people get hurt.<\/p>\n<p>Capitalists and Progressives should both puke this chart up. <a href=\"https:\/\/t.co\/79xlE5zeUc\"><span>pic.twitter.com\/79xlE5zeUc<\/span><\/a><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica\"><span style=\"font-size: 12pt; direction: ltr; unicode-bidi: embed\">Is that 5.6x or 5.6%<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica\"><span style=\"font-size: 12pt\">Goodness, I hate finance majors.&nbsp;<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica\"><span style=\"font-size: 12pt\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2020\/04\/image1-7.jpeg\" alt=\"image1.jpeg\" id=\"F48CA586-C620-4672-A684-E89DB25736B4\"><span style=\"font-size: 12pt\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; font-size: 12px; line-height: normal; font-family: Helvetica\">Who was driving the ship that steered us into $350 Trillion in debt on a $80T GDP<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Larry Chiang Pretty much no one knows what\u00e2\u20ac\u2122s going on Even the engineering educated people like me and Chamath Palihapitiya are confused&#8230; Chamath Palihapitiya (@chamath) 4\/15\/20, 11:02 AM Inequality and anti-capitalism in one chart. The Fed, for the last 25 years, have used their tools and $$$ to preserve equity and credit prices at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-12983","post","type-post","status-publish","format-standard","hentry","category-deep-underground-capital-knowledge"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12983"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12983\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}