damogen

79875 pts ยท September 11, 2012


That is amazingly wrong. The value of a currency is directly decided by how much of it is available. The entire function of a central bank is to maintain the value of a currency by ensuring there is always a suitable amount available.

1 week ago | Likes 1 Dislikes 1

You're phrasing your comment as if this is just my personal opinion.
If you disagree then feel free to contact whatever central bank is controlling your currency and tell them that they are doing it wrong.

1 week ago | Likes 1 Dislikes 1

Well... In the before times, when things where working as intended. The goal was that prices should go up by 2% yearly. The idea is that when money gradually loose value over time, then hoarding money is stupid. So rich bastards have to invest their money, which is good for everyone. Better than hoarding at least.
And 2% is small enough that normal people don't have to worry about it. As long as salaries are increasing slightly faster. It's that last bit that a general strike can fix.

1 week ago | Likes 18 Dislikes 5

I think someone explained Trump about positive self-talk and he just didn't understand that you're supposed to say it to yourself in the mirror. So much of his incoherent ramblings makes sense if you imagine that he is talking to a mirror, trying to hype himself up.
"Everyone loves me" "everyone respects me" "Iran already lost the war" "The tariffs are working" etc...

1 week ago | Likes 3 Dislikes 0

To paraphrase a 400 year old book on capitalism: "profits are always highest in a country that is going to ruins. So never let rich bastards run you country."

1 week ago | Likes 6 Dislikes 1

Yeah, so either Proffitt is actively helping GOP or the person who wrote the article is angry, without really knowing the facts... Both options seems equally plausible to me... Welcome to the post-truth age.

2 weeks ago | Likes 26 Dislikes 0

It's honestly kinda impressive how quickly it happened. They must have had the diarrhea lettuce on stock ready to go as soon as it was legal.

2 weeks ago | Likes 2 Dislikes 0

I honestly prefer to not have drinkable running teeth

2 weeks ago | Likes 2 Dislikes 0

I have managed to reverse my instincts. Whenever I see a brand I recognize, without having tried it, my first thought is: "that must be shitty quality because must have spend their budget on ads"

2 weeks ago | Likes 3 Dislikes 0

It's actually worse than that. Trump has multiple times made it clear that he is actively using bombing as part of the negotiation strategy. So whenever they are close to a deal Trump will intensify the bombing to convince them to give more in the negotiation.

3 weeks ago | Likes 10 Dislikes 0

Don't forget all the people who refuse to vote because "democrats never do anything". And if you mention something democrats did, then that doesn't count because GOP destroyed it.

4 weeks ago | Likes 6 Dislikes 1

Knew a guy with ADHD in high school. He was so freaking weird.
Then in engineering college I met him again, and was happy for him that he had learned to manage it so you barely even noticed.
A few weeks later it dawned on me that he hadn't changed at all. Being in engineering for a few years had just shifted my perspective on what counts as normal behavior.

1 month ago | Likes 16 Dislikes 0

If you make an amazing sandwich with 10% shit in it. Then it is a shit sandwich. I don't give a fuck what the other ingredients are.

1 month ago | Likes 2 Dislikes 0

AOC pretty much wrote the biggest piece of legislation that was passed under Biden (IRA). They went super hard on progressive policies for the entire administration.

And then they lost...
You can't keep yelling the same old excuse after that.

1 month ago | Likes 2 Dislikes 4

... and where are you gonna get that bacon and butter from?

1 month ago | Likes 4 Dislikes 0

#8 You can use that flawed logic with any competitive game: "why bother playing football?, I'll never be as good as Ronaldo"
Just play with people on your own level and have fun!

1 month ago | Likes 5 Dislikes 0

It's not that. it is that most people doesn't buy the cheapest possible shit.

1 month ago | Likes 1 Dislikes 0

yeah, I'm sorry to say, but that is not how it works in real life. When the economy goes down, most people buy lower quality stuff so they can keep buying as much stuff as they are used to.
Well... that is what rich countries do. Poor countries get's a famine.

1 month ago | Likes 1 Dislikes 0

well, I can't disagree with that. However, I have no idea how to get people to make and buy high quality stuff and rampant inflation will only make it worse. When people feel they are getting poorer, they will buy even cheaper crap that breaks even faster.

1 month ago | Likes 1 Dislikes 0

This isn't just about the price of heating yor house or fueling your car. Energy prices affect everything. When the strategic oil reserves start to run low, we will see the full effect of the blockade of Hormuz and then we will start seeing double digit inflation again.
So unless you want to cut consumption of everything then your solution won't really do anything.

1 month ago | Likes 1 Dislikes 0

It is already set up. They just need to restart it.

1 month ago | Likes 1 Dislikes 0

It is going extremely fast. It is moving faster than any other physical industry. The issue is that we need to replace literally every piece of industry and infrastructure in the world... that is a big project. I know because I am one of the people actually doing the work.
Andy Burnham seems to be doing it exactly right. Big long term investments in green. Quick temporary solutions with fossil, to alleviate the effects of Trump being an idiot.

1 month ago | Likes 1 Dislikes 0

Use less energy was the strategy used in the 80'ies and 90'ies and it was a huge failure. It is the main reason why climate change deniers exist.

I am fully on board with nuclear, however, it will not be enough on its own, and besides it's more expensive and slower to build than most green energy

1 month ago | Likes 1 Dislikes 0

Sure it won't solve everything. But every little bit counts when we're in an energy crisis.

1 month ago | Likes 1 Dislikes 1

China is building renewables at an insane pace... but their fossil fuel consumption is also increasing. So it's actually a great example of what I mean. Even a dictatorship, which is the industrial powerhouse of the world and has it as a goal of national security to maximise green energy still can't build it as fast as they need it.

1 month ago | Likes 1 Dislikes 0

... That is the whole point... 25% of the worlds oil production has stopped because the Hormuz strait is closed. We have been running on the combined strategic reserves of all countries in the world these last months, and they are running out soon.

1 month ago | Likes 2 Dislikes 2

I actually think this is a necessary move. There is a limit to how fast the green transition can go. Especially with USA actively working against it, and in the mean time we will still need fossil fuels. And with the Hormuz strait closed oil prices are going to get massively fucked very soon.

1 month ago | Likes 4 Dislikes 18

I said most, not all and yes, I am sure. So many Americans are completely oblivious to how basic shit works and are equally ignorant about major recent legislation.

1 month ago | Likes 2 Dislikes 1

I am not saying it is literally everyone, I was just trying to get the feeling of frustration across. My point is that when many American left wingers are infuriating to left wingers from other countries (and to be clear this practically only happens for me with Americans). Then It is no surprise that American right wingers are permantly pissed off.

1 month ago | Likes 2 Dislikes 1