• 17 Posts
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Joined 1 year ago
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Cake day: June 14th, 2023

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  • you being able to only get one internet service provider at that apartment, despite that being illegal now

    Your option is the Mediocre Internet everyone uses or the Shit Internet that exists pretty much exclusively to fulfill this requirement. Fuck Windstream, somehow managed to be worse than Comcast.








  • multiplying $5,000 a day by so many years is a silly comparison

    Sure.

    it ignores the dominating factors to building wealth

    It ignores the existence of wealth by focusing on income. And it neglects where income comes from.

    Billionaires shouldn’t exist but also they don’t exist because they stuff X dollars under their mattress every day.

    Something of a joke about the modern billionaire is how much debt they’re carrying around. You don’t become a billionaire by having a high salary. You become a billionaire by getting access to enormous volumes of low interest credit, in order to monopolize a limited stock of productive capital. It isn’t like being an employee with a sky-high salary so much as it is a member of an elite club with access to amenities nobody else is allowed to use.



  • they displaced the actual indigenous population that was native to the land.

    They also sterilized a bunch of Ethiopian and Mizrahi Jews, on the grounds that these non-European ethinic cohorts were having too many kids.

    Incidentally, Israel government has been grappling with a big childlessness crisis which threatens to tank their Jewish population.

    One big reason for the genocide in Gaza (which has been in effect since 2006, but recently hit a fevered pitch) is that - despite their best efforts - the Israeli government has failed to neuter the Palestinian population growth rate.

    So much of Israeli policy boils down to white nationalist eugenics.


  • UnderpantsWeevil@lemmy.worldto196@lemmy.blahaj.zoneDo you make $5,000/day?
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    6 days ago

    Gradually inflating the currency

    Gradual inflation that happens under the national growth rate is fine. You need more currency moving at a faster rate in an expanding economy.

    Gradual inflation in a contracting national growth rate is a huge problem.

    Thomas Picketty lays this all out mathematically in “Capitalism in the 21st Century”, and builds a strong economic case for a high graduated tax rate as a means of tying inflation back to real economic growth.