The Obama administration inherited a vast economic crisis. They responded with Quantitative Easing, pumping trillions into the finance sector to rescue the banks that had knowingly gambled on bad mortgages, losing so much they were about to go under.
At the time, deficit hawks predicted inflation, which is a commonsense prediction: inflation is what happens when the amount of money chasing goods and services goes up faster than the supply of those goods and services, creating bidding wars.
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They were right...and wrong. What we got was asset bubbles, especially in housing markets, driving up the price of putting a roof over your head rewarding speculators and landlords, especially Wall Street landlords.
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HP never stopped innovating. From its origins in the 1930s as a leading electronics manufacturer to its role in the birth of PCs and performance servers, it has always demonstrated incredible ingenuity.
Today, that ingenuity is deployed in service of evil ink-based fuckery.
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The printer-ink business model has always been a form of commercial sadism in which you are expected to put giant manufacturers' interests ahead of your own with no expectation of any sort of reciprocity.
After all, when your profits depend on charging more for ink than vintage Veuve-Clicquot, you need to get up to some serious shenanigans to get your customers to drain their bank accounts to fill their printers.
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