U.S. farmers face $31 billion in losses as Iran war drives diesel and fertilizer costs up

resipsaloquitur@lemmy.cafe · 29 天前

U.S. farmers face $31 billion in losses as Iran war drives diesel and fertilizer costs up

im_fine_sandy@nord.pub · 29 天前

Actually the bond market is showing signs that the US really cant afford to bail out much of anything.

resipsaloquitur@lemmy.cafe · 28 天前

Not how fiat currency works.

im_fine_sandy@nord.pub · 28 天前

Oh yeah, because currency is just numbers on a computer right? Why bother with these pesky bonds and yield rates at all. Just fire anyone who says you can’t spend your way out of bad headlines.

resipsaloquitur@lemmy.cafe · 28 天前

Haha, yes, unironically.

https://jacobin.com/2026/09/bond-markets-securities-interest-treasury-fed

im_fine_sandy@nord.pub · 28 天前

Spare me the tech-bro finance.

Yes the fed does set yield rates but there are grave consequences to unreasonable manipulations - it’s the antithesis of the role of the central bank.

resipsaloquitur@lemmy.cafe · 28 天前

“Tech-bro finance”?!

Stephanie Kelton, a leading economist who teaches MMT, couldn’t be any further from tech bros.

You just don’t understand money. 😄

im_fine_sandy@nord.pub · 28 天前

That’s contrary to the consensus.

resipsaloquitur@lemmy.cafe · 28 天前

Do you still believe in the loanable funds theory? And the tooth fairy?

https://en.wikipedia.org/wiki/Criticism_of_the_theory_of_relativity#A_Hundred_Authors_Against_Einstein

im_fine_sandy@nord.pub · 28 天前

I believe in the consensus opinion of experts.