Benjamin Wilson
@wilbenjamin.bsky.social did:plc:d2o3mjpaazbqqydu66udftaw
🏂🌅🌆💰📓♾️
No Bluesky desde
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- 469
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Resumo
Benjamin Wilson (@wilbenjamin.bsky.social) é um usuário do Bluesky desde 20 setembro 2023. Tem 469 seguidores, segue 122 contas e publicou 146 posts.
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Very generative lecture and discussion. “Poetry,” as one participant puts it. And thanks for the shout out, @wilbenjamin.bsky.social
Ver postAn ideological commitment to the loanable funds model, and the resulting worldview, prevents people from seeing what's really going on with housing prices. Individual private banks mimic being financial intermediaries and this makes it seem like the banking system loans accumulated savings.
Ver postShoutout to Thomas Hanna, Tom Sgouros & Halah Ahmad! Their Climate and Community Institute report ran 1,000 simulations of an SF Public Bank: 5,000-6,000 affordable homes, 1,200 small business loans & 5x more local lending. climateandcommunity.org/research/the...
Ver postTreating the banking industry's accumulated knowledge of financial shenanigans as a reason to defer to it is like hiring arsonists because they're experts in how fires spread. I understand wanting to defer to expertise in the era of RFK Jr., but banking is not a science, it's civics.
Ver post“The tragedy of the neoliberal “bailout state” is not that it courts “moral hazard,” violating the apparently sacred principle that all institutions &orgs should be self-funding…bailouts are unjust simply because they mobilize public credit…2 rescue big capital, while abandoning the rest of us...”
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