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Alimentar @lemm.ee
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Comments 67
Is true that physical monetary systems are destined to disappear in the future and everything will be only digital stored data?
  • What about those that want more than they need? Like the greed for money translates to your purchasing power and how much you can get of what you want.

    So say someone works overtime, gets more money and can buy more things.

    In a world where there's no money, how does that individual get more of what they want?

  • How long would it take to create a Pyramid today?
  • They actually don't know, but mathematically in order for them to build it within the historical time constraints, it had to have been done one block per minute.

    Which some say is impossible with the technology they had, sparking conversation that there's more to the history of the pyramids than we think.

  • Elon Musk’s Neuralink reports trouble with first human brain chip
  • Through consent. The guy probably either has terminal illness and is happy to contribute to research or is completely paralysed, that an operation like this could benefit both parties.

    It's an agreement and I'm sure the risks are expressed to the individual.

  • [Serious] Any high-quality right-wing media, books, explainers?
  • I find the Austrian School of Economics really interesting.

    Particularly books written by American economist Murray Rothbard, who talks about free markets, government (particularly government intervention) and inflation.

    There's a very short book you can read called "What has Government Done to Our Money?”

  • Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time
  • It's been a farse well before 2008. That's why it crashed. The fact that they decided to do QE was what made it worse. You had multiple QE programs after that, then you had lockdowns which not only injected more but stopped production. So now you have less goods and more money supply.

    You have a debt crisis. Most businesses and corporations are swimming in debt. That money is paid to someone, investments, projects, jobs... Which eventually finds its way into the economy.

    You have a housing problem. Your house prices have ballooned higher than 2008. You can't say that's corporation greed. That's simply the debt fuelled economy which leads to a devalued dollar.

    And to your point, America didn't collectively agree, the government fucked it's people and will fuck them again purely because people just didn't know. That's why it's so important to know where to direct your anger. Corporations? Yeah fuck them but there's a root to all the problems. And that's monetary policy.

  • Bad news for Biden (and all Americans): Inflation is creeping higher at the worst time
  • When you have cheap money (low interest rates), fractional reserve banking, and a government borrowing trillions of dollars, you inflate the amount of currency units being injected into the system. The more currency you have chasing the same amount of goods, the higher prices go.

    There's definitely an element of greed as they will take advantage in certain areas but the underlying issue of inflation is those that I mentioned above.

  • What will happen to large companies once poor people have no more money to use?
  • The whole model they operate on is unsustainable. Either Blackrock and vanguard keep them afloat. Or they'll take on personal loans, issue out corporate debt. Or find ways to downscale, either job losses shrinkflation. Or raise prices. These are all desperate measures and are signs of an unsustainable company.

    Losing the middle class (if that's their target market) is a company's biggest downfall.

    And I feel that the little people will start to lose hope cause it feels like it doesn't matter... But it's similar to someone on credit card debt. You can only do it so long before it starts to catch up.

  • With the ubiquity of inflation and shrinkflation, why aren't there more boycotts? When will people say enough is enough?
  • We have that where I live and it honestly makes buying per weight / per sheet, incredibly helpful.

    There's been so many times, just looking at the packaging, I thought it was a great deal to then see the per weight price and release what a rip off it was.

    Massive quality of life for sure!

  • Account settings Show Avatars

    EDIT: This is now fixed. Thanks

    Settings shortcut: Account settings > Show avatars

    Doesn't seem to be saving despite turning it off and hitting save. I get a toast which says submitting and saving. But when I go back to the setting it's enabled again.

    Also to add, the setting stays turned off until I open up a post. Then when I go back the setting is turned back on.

    Thanks

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