Apple, Microsoft, Google, Amazon, Facebook
Goldman Sachs, JP Morgan Chase, Citibank, BofA, Wells Fargo
Apple, Microsoft, Google, Amazon, Facebook
Goldman Sachs, JP Morgan Chase, Citibank, BofA, Wells Fargo
I think you have the order wrong there
Also, within the government there are groups, though they're a minority, that are against big tech.
But yes, the State gets private information [0] and influences content moderation [1] from tech companies, and on the other side big tech spends millions each year lobbying the federal government [2].
[0] - https://www.cloudwards.net/prism-snowden-and-government-surv...
[1] - https://en.wikipedia.org/wiki/Twitter_Files ( nos. 6-10 )
[2] - https://www.politico.com/newsletters/morning-tech/2022/01/24...
If gov/fed then don't print Y additional coins it leads to a crunch. Not only has the borrower to pay back the capital with interest (obviously) but that additional money has to exist for them to be able to do so.
When money supply is tightened, there's just less money in existence. In theory the value of the money should go up (I guess that's why people expect inflation to then go down).
But it doesn't change the fact that if you're on the hook to pay back money when the 'physical' or 'virtual' supply doesn't exist you are pretty screwed.