Discover and read the best of Twitter Threads about #homeequitylinesofcredit
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The tacit contract between the @WSJ and its readers is: ideology on the editorial page, reality in the news pages. Money talks, bullshit walks. Reality's well-known anticapitalist bias means hewing too closely to ideology will make you broke, and unable to push your ideology.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/06/04/vul…
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pluralistic.net/2023/06/04/vul…
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That's why the editorial page will rail against "printing money" while the news section will confine itself to asking which kinds of federal spending competes with the private sector (creating a bidding war that drives up prices) and which kinds are not.
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