You’re right, and that whole argument is sidestepping the fact what they really want is a separation between men and women so that they can attempt to force a safe space for women that appeals to their sensibilities of women being born weaker than men with lower bone density and testosterone while not allowing glaring loopholes. Which is how they really view women as an infantile subset of our species that needs protection from a minority of opportunists that would take advantage of them.

They created like 40% more money supply in the span of a single year. It then rises at about 10% a year on average, due to a CPI that does adjustments at the whims of some entity whose goal seems to be to understate inflation.

But I want to know how Bitcoin could be doing so well, it makes no sense, what demand is there for a finite commodity to store their value?

Shrinkflation you say?

Weird that the money supply can grow so fast, raising home values to ungodly levels, while we keep getting worse service; you cant even put an overhead bag or choose a seat on an airplane anymore, but nothing to see here inflation is only 2%.

Thats it, nobody can do anything now because the US voted for an fat orange turd after running their finances in the worst way they possibly could for the last 50 years?

It went from Backtrack to Kali. I’ve never heard of whoppix tho.

Well I think a big issue with that is monetary policy. Which bids up the price of goods using debt, as everything becomes financialized. It used to be a mortgage had a real physical cost as a lump of gold moved around, now its just numbers in a computer created out of the ether, and this bids up the cost of living in order to derive what we call economic growth. A transfer from the young to the old essentially.

The 2% inflation we attempt to achieve is after hedonic adjustments, substitutions, and investments are taken out, and so the money supply grows at 10% a year as people are clinging by the skin of their teeth to eek out more aggregate demand to attempt to infinitely grow an economy.

The 2% inflation was decided in the 90s with no real logic put forth as to where it would lead, and its obviously lead to huge bubbles and asset inequality as people try to profit off the first mover advantage of their debt being debased, as the CPI was progressively modified to loosen the money supply to promote more economic growth over time.

In the late 80’s they removed housing appreciation from the CPI for instance, and what do you expect that did to home prices? They did that to fix another problem with the CPI, which was that raising interest rates raised inflation during Volcker, making it a feedback loop that lead to the double digit increase in rates. So it was already broken and it was then patched like it was a car held together with duct tape.

I’d always assumed they gave them a salary as well. Thats what I have at my job.

Or just put a cap on donations and block corporate donations?

Dispensing freedom you mean.

We need low interest rates and skyrocketing asset prices so that people pay 2% more to buy this next year. Consumption must go up so that people have worthless jobs producing trash that our politicians call economic growth, as people applaud their stocks rising.

I’d support a ban on advertising in public spaces, but in digital spaces its a bit nonsense given it funds a lot of things people then dont need to pay for.

https://saifedean.com/the-fiat-standard-chapter-11

This ones got a good section on the great depression.

“The imposition of trade barriers in turn resulted in a further deterioration of economic conditions in the countries imposing them, even as their own citizens suffered from these very policies. The governments imposing such barriers, and the economists advocating them, would of course never admit that inflation, increasing centralization, and protectionist policies caused the progressively worsening depression. Instead, political leaders blamed other countries and local ethnic minorities. Years of scapegoating and growing hostility toward foreigners and minorities came to a head in 1939. The world’s totalitarian fiat regimes began to turn on each other and on their ethnic minorities. Hayek had identified this threat to global peace in his “Monetary Nationalism and International Stability” lectures in 1937.”

Ah good to know, i was thinking of buying this game.

I still cant sleep my computer with a 2070 Ti. I just shut it down and start it up every time, which is pretty shitty.

Its the crunchy nature that I find appealing, the flavor is only okay by itself.

I like them in salad rolls, with marinara dip, and deep fried.

You guys arent running your software off raspberry pi’s with sdcards from the gas station?

My allowance is 5$ a month!

Why are we doxxing these people, theyre running the same rat race as everyone else and doing a job the government we voted for is paying them to do. Is this supposed to be a petty revenge?

My thoughts are that China is no longer recycling their profits into US treasuries, and the BRICS countries seemed to be heading down the same path. The US cant sustain high interest rates and needs people to buy this debt, hence there is a lot of talk of tariffs and a “green new deal” type of tariff system on emissions in order to derive additional revenue without increasing taxes on citizens. Citizens want entitlement programs that are ponzi schemes that have already been spent long ago, but they dont want additional taxes, and so you need a scheme to get around their votes.

The same thing happened after the great depression where they rebased gold to a lower value after confiscating it, and some speculate it created an environment ripe for WWII. Our system of printing money tends to increase aggregate demand while misallocating capital, like houses in 2008, and thus it ends in suffering.