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Joined 5 months ago
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Cake day: February 16th, 2025

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  • turnip@lemm.eetomemes@lemmy.worldHonest mistake
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    3 months ago

    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%.





  • I dont like the guy, but clearly it is an issue according to this MSN interview. So if he can figure it out I’d like that he did, so that the corporation causing it is held to account. Or what, do we just wait until a democrat is the one to do the same thing?

    RFK is also talking about the obesity epidemic, specifically tying it to our food quality that many large donors really dont want to hear. I think some of these things seem sane, and I’m glad the republicans are starting to appreciate these ideologies.







  • turnip@lemm.eetoProgrammer Humor@programming.devCorporate Branding
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    3 months ago

    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.


  • turnip@lemm.eetoMemes@lemmy.mlJerkoff
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    3 months ago

    The briefcase of money turns into velocity of money, which turns into jobs, which turns into wage pressure, which turns into higher wages for the poor, so they can buy the product or service with their own greatest marginal utility; so in their eyes they view the briefcase of money as the optimal empathetic choice.

    Well, assuming the right in this case are Ron Paul right-leaning and not Trump right-leaning. In Trumps case he does just want the briefcase of money for himself.




  • Musk already got what he wanted. He bought Trump, and Trump will give Palantir every ounce of government data to analyze, which was likely a sticking point for Palantir to cement them as the only viable product for the US governments future military applications. Once pandoras box is open for classified data its a little bit hard to close it, especially once they gain a dependence on it.

    Palantir then buys his crappy xAI platform that recently bought Twitter.


  • turnip@lemm.eetoPeople Twitter@sh.itjust.worksHow is this real life?
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    3 months ago

    Well he could just appreciate his culture and views it in a good light, they likely view him in the same way, its human nature to other people we dont fully take the time to understand. Love and hate are two sides of the same coin, our love of our own culture turns into hate of another due to human nature, a ying and a yang.

    Okay, now time to take another hit.


  • turnip@lemm.eetomemes@lemmy.worldEvery kid's dream
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    3 months ago

    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.