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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 02:28:58 JST Bread up, Bro
- ????
I think a lot of people thought these things were just constantly increasing and guaranteed rather than increasing complexity with decreasing returns which without something special would result in a plateau.

Many have hoped that "AI" is that something special, but the level of base complexity in LLMs is so high that it isn't a silver bullet.

RT: https://poa.st/objects/6b5d66a5-93e3-4af7-9747-a613311d51b4
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 21-Aug-2024 02:40:15 JST Trevor Goodchild:verified::pondering_orb:
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  @sickburnbro @PraxisOfEvil This is something I've considered quite a bit, that a financial/societal system which is based on endless growth (the ideology of a cancer cell) would have to have some sort of pseudo-rationale behind it. In this case it looks like it was the assumption that productivity would endlessly increase to catch up and there would be predictable, periodic tech discoveries to help provide boosts and 'lift all boats'
  
  The plan didn't work out
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 02:42:41 JST Bread up, Bro
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  @TrevorGoodchild @BattleDwarfGimli @PraxisOfEvil Permanent Growth was seen as possible because for a long time it was pretty much true that if you could imagine it, you could do it.
  
  If you watch enough stuff from like the 50s-70s .. silly stuff like videos that GM made about creating a new car, things like that. ( I think I remember watching one about the creation of mid-engine car ) .. that sense of absolute optimism was everywhere.
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 21-Aug-2024 02:42:42 JST Trevor Goodchild:verified::pondering_orb:
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  - BattleDwarfGimli
  @BattleDwarfGimli @PraxisOfEvil @sickburnbro Because it makes boomers feel good to see 'big line go up'
  
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 21-Aug-2024 02:42:43 JST BattleDwarfGimli
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  - Trevor Goodchild:verified::pondering_orb:
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  I've always quietly wondered about that (because admittedly, I'm not great at macro economics) - why is permanent growth seen as desirable? It is self-evidently unsustainable.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:27:15 JST Bread up, Bro
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  @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil I think you can explain it well to even 95IQ when you present it well. I think it takes +1 to abstractly apply it to "should I do this"
  
  Video games like minecraft model compount interest in how grain is grown - put x seeds in get x*1.05 seeds out at time t+20. Most people will get it that if you want to be growing 40 wheat you need some time, and you'll start getting more "free" seeds as time goes on.
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 21-Aug-2024 04:27:16 JST Trevor Goodchild:verified::pondering_orb:
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  @Hertz @BattleDwarfGimli @PraxisOfEvil @sickburnbro Just understanding compound interest takes a +1 SD IQ minimum
  
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  Hertz (hertz@poa.st)'s status on Wednesday, 21-Aug-2024 04:27:17 JST Hertz
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  @TrevorGoodchild @BattleDwarfGimli @PraxisOfEvil @sickburnbro It's also partly the result of most people's inability to see beyond second order effects.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:30:11 JST Bread up, Bro
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  - Trevor Goodchild:verified::pondering_orb:
  @TrevorGoodchild yes, that's the latter half of the beginning: "takes +1 to abstractly apply to 'should I do this'"
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 21-Aug-2024 04:30:12 JST Trevor Goodchild:verified::pondering_orb:
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  @sickburnbro This is a good analogy but the popularity of ARMs would argue otherwise, I was gobsmacked by how many normies fell for those
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:33:56 JST Bread up, Bro
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  - Trevor Goodchild:verified::pondering_orb:
  @TrevorGoodchild This is why I really don't like financial tricks like ARMs. In order to enter a contract like that with full consent you need to understand not only compound interest, but market dynamics and history as well.
  
  You are basically betting, which packaging as a **HOME** loan, is immoral.
  
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 21-Aug-2024 04:37:24 JST BattleDwarfGimli
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  My first reaction when I fully understood compound interest in relation to loans and banking was, "this is fucking evil".
  
  But now I know the origins of it, and I understand that my reaction was justified.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:37:24 JST Bread up, Bro
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  @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil I don't think compound loans are evil, because if you are running a business and using loans in a business you already have to calculate things like holding costs and other things which compound.
  
  The problem is the application of these things to consumers.
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Wednesday, 21-Aug-2024 04:38:01 JST Trevor Goodchild:verified::pondering_orb:
  in reply to
  
  @sickburnbro There is a reason mortgages are structured the way they are, and that amortization exists in the first place. Getting a 'haha not-really' mortgage is idiotic and those that sell them are indistinguishable from Tony Soprano
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:38:29 JST Bread up, Bro
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  - Trevor Goodchild:verified::pondering_orb:
  @TrevorGoodchild And that's an insult to Tony, because at least he had style.
  
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 21-Aug-2024 04:53:58 JST BattleDwarfGimli
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  Being that I only understand the basics, and being that the following,
  "The problem is the application of these things to consumers." is about all I really apply it to, is probably the reason I feel the way I do.
  
  "Hey so I'm going to charge you interest on this loan and as time and interest accrue, I'm going to charge interest against that as well, essentially charging interest against money you never borrowed, mkay?"
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 04:53:58 JST Bread up, Bro
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  @BattleDwarfGimli @Hertz @PraxisOfEvil right, that's because how compounding interest work isn't explained well to people. Time is the key.
  
  If you have a 30 year loan and don't refinance and don't miss payments, the whole thing is pretty moot, as @TrevorGoodchild mentions. You know how much you are borrowing, you know how much interest they want, the schedule for repayment can be calculated; You pay more on interest in the beginning, less in the end; Result is same monthly payment for 30 years.
  
  It gets very perverse when credit cards get involved, because people don't realize that it works the same way and has a STUPID rate for balances carried.
  
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  brigrammer (brigrammer@poa.st)'s status on Wednesday, 21-Aug-2024 23:14:03 JST brigrammer
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  @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro I could get a mortgage and have a house now, which I pay the cost of over many years, or no house now but no interest. You may think the latter is more moral somehow, but it means renting which is paying for not having a house. You might contend families could loan, or a good state could give loans, or...but that is not going to be the case.
  
  Loans are a mechanism for moving money through time (see infographic I made). The problems of usury are in people making poor decisions, not in the ability to pay a premium for future funds. If the interest does not compound, the fixed cost must higher and the duration of the loan lower to net to zero.
  
  If I give a man a loan, I expect payment in excess of my principal - otherwise I would simply rent that the money was sought for. Anyone who thinks money works otherwise probably doesn't have much money or is consumed in debt.
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 23:14:03 JST Bread up, Bro
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  @brigrammer @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil I feel intuitively that the most immoral part of usury is using math to play a shell game to trick people into behavior where you can steal their money.
  
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  brigrammer (brigrammer@poa.st)'s status on Wednesday, 21-Aug-2024 23:14:04 JST brigrammer
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  @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro The only alternative to compound interest is either much steeper fixed interest or some sort of interest with extra steps.
  
  Present money is always worth more than future money, plus the risk of default and other costs.
  
  Debt is a powerful tool to do things now too expensive to afford by deferring the costs into the future - the problem is people who have no ability to make long term decisions being given such a dangerous tool. Most business and home ownership would be impossible without it.
  
  There is no free lunch when it comes to finance short of a nationalized banking scheme in a high trust ethnostate, which would require a whole lot of expulsion and executions to achieve.
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Wednesday, 21-Aug-2024 23:14:04 JST dubbub :windmill_of_friendship: ☦️
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  @brigrammer @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro There is no fixing usury, it's why the Bible forbids it. Money should be lent to family members at no interest, or by the state to deserving individuals. Fiat currency shouldn't exist either, that too is usury.
  
  Had we obeyed God we wouldn't have this problem. Sadly usury was always a tool of the powerful, used to finance wars, elections, and as a phantom tax, so maybe we need a world where usury isn't possible or necessarily anymore, and to take to heart Augustine's just war doctrine.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 23:16:46 JST Bread up, Bro
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  @brigrammer @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil If you only allowed fixed loans and you required everything to say "this loan means the house will cost you $500,000" it would make people a lot more sensitive to costs.
  
  But the entire game is designed to avoid people looking at that cost and stretching their budget, because the system WANTS people to load themselves up to their eyeballs with debt.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 23:19:18 JST Bread up, Bro
  in reply to
  @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub the system has a oddly large amounts of offices with a eruv.
  
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 21-Aug-2024 23:19:19 JST BattleDwarfGimli
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  This "the system" you speak of, does it tend to wear funny hats and eat dry, bland crackers, and occasionally suck baby dicks?
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 23:22:40 JST Bread up, Bro
  in reply to
  @brigrammer @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub a system serves people. Right now it serves people who have no qualms tricking people with 100 page terms of service.
  
  Right now the options that you are presented are basically "it has to be this way or the economy will collapse" or "business is evil, communism is the only solution"
  
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  brigrammer (brigrammer@poa.st)'s status on Wednesday, 21-Aug-2024 23:22:41 JST brigrammer
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  @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro > It is usurious rates - 8-30% interest - that I have issue with.
  
  The rate is a combination of the market and the risk. If I can get 4% putting money in a savings account, I will ask more to lend it out - if the savings account paid 8%, I would adjust upwards my ask because of the alternatives to giving out a loan.
  
  As to why the rates are X or Y, that is something not even economist agree on.
  
  And for those loans that are riskier, say on a card which rapidly loses value versus a home that does not, or a unsecured loan or credit card with no collateral, the rate reflects the risk.
  
  People should not be taking on debt unless they have a very good reason to. That people do anyways reflects either they are not wise people or they have been put into bad situations. The latter should be fixed, the former cannot.
  
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Wednesday, 21-Aug-2024 23:22:42 JST BattleDwarfGimli
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  I don't have a problem with the concept of interest. The lender needs a reason, and the lendee needs incentive to pay. I get that. It is usurious rates - 8-30% interest - that I have issue with. It is clearly cynical, abusive, greedy, and hateful behavior - which is why it is practically the national sport of judaism.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 21-Aug-2024 23:23:30 JST Bread up, Bro
  in reply to
  @brigrammer @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub conservatives and progressives won't present their initial arguments as such, but that's really the heart of what they think.
  
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 02:50:27 JST Bread up, Bro
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  @dubbub @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil rome would like to have a word
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:29 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil @sickburnbro No, it's the other way around. The gold standard protects you from bad government, because it guarantees that the value of your money cannot be depreciated.
  
  With fiat you rely on the government being good, and that it will depreciate your money in your interest (by building schools, roads, etc.).
  
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  EvilSandmich (evilsandmich@poa.st)'s status on Thursday, 22-Aug-2024 02:50:30 JST EvilSandmich
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  @dubbub @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil @sickburnbro The only thing the Yen is tied to is goods that Japan can produce as they just live on a bunch barely arable rocks.
  
  The gold standard isn't needed if the government is disciplined and conversely if the government isn't disciplined, it does nothing, i.e. what you, well *we*, want is less a gold standard, than a government that can be run on a gold standard.
  
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 02:50:31 JST brigrammer
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  @dubbub @EvilSandmich @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil @sickburnbro a gold base currency isn't a reserve currency, the reserve would be gold
  
  look at the deflationary nightmare of Japan where everything gets "cheaper" and salaries keep falling and falling for an example of what insufficient inflation looks like
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:31 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @brigrammer @EvilSandmich @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil @sickburnbro From what I can see the Japanese love their "deflation" (it's more currency stability) and are furious about the recent inflation. Currency stability is the historical standard - which is natural when it's pegged to an actual commodity like gold.
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  EvilSandmich (evilsandmich@poa.st)'s status on Thursday, 22-Aug-2024 02:50:32 JST EvilSandmich
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  @dubbub @TrevorGoodchild @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro They could have handled the space program, the war, or, ugh, the outbreak of nigger-love, but not all three.
  Arguably the oil reserve currency status brought more power to the empire than holding on to some 19th century currency standard ever would, and it also ensured that debt spending would continue unabated since debt generation is all but required for a reserve currency in order to make sure there is enough liquidity to conduct transactions in it around the globe.
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:32 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @EvilSandmich @TrevorGoodchild @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro >debt generation is all but required for a reserve currency in order to make sure there is enough liquidity to conduct transactions in it around the globe.
  This is cope. Reserve currencies have existed throughout history and they were all gold-based.
  
  The only ones who need debt are the jew and his adjacents, so they can steal money straight out of your pocket.
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:33 JST dubbub :windmill_of_friendship: ☦️
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  @EvilSandmich @TrevorGoodchild @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro But the government was able to defend the standard, simply by cutting spending and repaying the debt.
  But the country was at war and it couldn't do that 🤡
  
  Here comes my belief that I don't see talked about often enough, that the Vietnam war was fabricated precisely to abolish the gold standard. Which is also why the US army wasn't allowed into NV -
  >"to avoid a repeat of Korea"
  is the reason given by historians, but a repeat of Korea would've aligned with the US' war goals, and surpassed the actual outcome.
  
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  EvilSandmich (evilsandmich@poa.st)'s status on Thursday, 22-Aug-2024 02:50:34 JST EvilSandmich
  in reply to
  @TrevorGoodchild @Hertz @brigrammer @dubbub @BattleDwarfGimli @PraxisOfEvil @sickburnbro As usual, this gets it (mostly) backwards though:
  >The drawback is that, in the years since the end of the gold standard, there’s been a significant and growing lack of discipline when it comes to government spending.
  
  Nixon had to end the gold standard precisely because a decade of proliferate spending meant that the government was unable to defend the standard. We see something similar happening today where the government is repeatedly abusing the underpinnings of the currency with no care for what will happen when it breaks. (For instance, some robot historian will say the dollar crashed in 2030 because the Saudis walked away from the Dollar-Oil agreement, when in actuality they walked away because of weakened faith in the dollar).
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Thursday, 22-Aug-2024 02:50:36 JST Trevor Goodchild:verified::pondering_orb:
  in reply to
  @Hertz @brigrammer @dubbub @BattleDwarfGimli @PraxisOfEvil @sickburnbro Here's the cheat sheet
  
  forbes.com/sites/greatspeculations/2021/01/25/the-gold-standard-ended-50-years-ago-federal-debt-has-only-exploded-since/
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    The Gold Standard Ended 50 Years Ago. Federal Debt Has Only Exploded Since
    
    from Frank Holmes
    
    Over the past 50 years, gold has expanded more than 46 times, with a compound annual growth rate (CAGR) of about 8%.
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  Hertz (hertz@poa.st)'s status on Thursday, 22-Aug-2024 02:50:37 JST Hertz
  in reply to
  @TrevorGoodchild @brigrammer @dubbub @BattleDwarfGimli @PraxisOfEvil @sickburnbro Looks like I have more reading to do.
  
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Thursday, 22-Aug-2024 02:50:39 JST Trevor Goodchild:verified::pondering_orb:
  in reply to
  @brigrammer @dubbub @BattleDwarfGimli @Hertz @PraxisOfEvil @sickburnbro Something did indeed
  
  wtfhappenedin1971.com
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    WTF Happened in 1971?
    
    from heavilyarmedclown
    
    Visit the post for more.
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 02:50:40 JST brigrammer
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  @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro Something happened in the 1970s?
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:41 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @brigrammer @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro >Houses were small and cheap because of lots of dead folks
  No, that's not the reason. The abolition of the gold standard and predatory loaning practices with the now freely printed money are.
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 02:50:42 JST brigrammer
  in reply to
  @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro > That's the reason why a blue-collar worker could buy a house debt-free with a few years of savings in the 60s, but now can't anymore.
  
  People point to a single time in history as if it is the norm. Houses were small and cheap because of lots of dead folks, a lot of surplus production after the end of the war economy, and the government creating tons of debt we are paying for today.
  
  > It's from the Bible.
  
  It still does not match me. I am ambition and anxiety made flesh.
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:44 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @brigrammer @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro No, debt enables the jew to pit the competing poor into a no-limits bidding war for base necessities. That's the reason why a blue-collar worker could buy a house debt-free with a few years of savings in the 60s, but now can't anymore.
  
  >This very statement offends me at a spiritual level
  It's from the Bible.
  
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 02:50:45 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @brigrammer @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro People lived well enough for the longest time before mortgages, and I know plenty of people who bought real estate without loaning a cent. Rather than facilitate home ownership loans have driven prices through the roof, and as is with all usury have traded short-term benefit (having the home sooner) for long-term detriment (paying it off much, much longer). The solution to loans, and something modernites struggle to understand, is "be content with your wages".
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 02:50:45 JST brigrammer
  in reply to
  @dubbub @BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro How does this work in America where people are trying to escape the ever encroaching nigger menace? Or to buy things like machines for their businesses? In the past, people did not change social class except after multiple generations.
  
  Debt enables the competent but poor to escape poverty by using their future earnings today. I came from a poor family and if I was shackled to my wages I wouldn't be doing well. It also mean the incompetent wealthy can be put to ruin by their own folly.
  
  > "be content with your wages"
  
  This very statement offends me at a spiritual level, I was not made for such a sentiment and my soul screams at it with wrath and the threat of action.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 03:00:48 JST Bread up, Bro
  in reply to
  @dubbub @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil What possibly do you mean by "fiat currency"
  
  In conversation about 9 months ago permalink
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 03:00:50 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @sickburnbro @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil Rome illustrates my point perfectly, there fiat currency + bad government wrecked the country too.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 03:41:21 JST brigrammer
  in reply to
  @dubbub @EvilSandmich @doctorsex @sickburnbro @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild gold standard was gone in the twenties, Nixon only killed the foreign note convertibility when the UK called the greenback bluff and began converting stacks into bricks
  
  the gold standard was removed because it slows the velocity of money and puts a severe cap on the size of the government AND businesses (and the GS even constrains things like global population size)
  
  In conversation about 9 months ago permalink
  
  Bread up, Bro likes this.
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  EvilSandmich (evilsandmich@poa.st)'s status on Thursday, 22-Aug-2024 03:41:22 JST EvilSandmich
  in reply to
  @doctorsex @sickburnbro @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub Not sure which way you fall on that yourself but arguing with gold bugs is much like arguing with libertarians: mostly agree on the kind of world we'd like to live in, but wildly disagree on the feasibility of that vision.
  
  In conversation about 9 months ago permalink
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 03:41:22 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @EvilSandmich @doctorsex @sickburnbro @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer >but wildly disagree on the feasibility of that vision
  Nigga, it was like 50 years ago. Reintroducing the gold standard is not magic. BRICS will probably reintroduce it.
  
  In conversation about 9 months ago permalink
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  Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Thursday, 22-Aug-2024 03:41:23 JST Dr. Sex, Ph.d, Esq.
  in reply to
  Fuck my ass brother we already had this retarded fuckin thread a couple weeks ago
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 03:43:45 JST Bread up, Bro
  in reply to
  @dubbub @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil there is no intrinsic value to gold
  
  In conversation about 9 months ago permalink
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 03:43:46 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @sickburnbro @EvilSandmich @brigrammer @TrevorGoodchild @Hertz @BattleDwarfGimli @PraxisOfEvil Currency that derives its value not intrinsically but from government regulation. Roman coins were debased so often they had barely any precious metal left in the end.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 03:46:34 JST Bread up, Bro
  in reply to
  @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub the intrinsic value of gold is based solely on primarily how good it has been for making coins, and the relative stability and rarity of supply.
  
  But this means as soon as someone finds a new unexpected gold vein, the "currency" is debased.
  
  In conversation about 9 months ago permalink
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  BattleDwarfGimli (battledwarfgimli@nicecrew.digital)'s status on Thursday, 22-Aug-2024 03:46:35 JST BattleDwarfGimli
  in reply to
  nope. It is basically some form of strange global agreement.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 03:59:59 JST Bread up, Bro
  in reply to
  @WilhelmIII @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub yes, in fact that's what a lot of people are talking about. And what's interesting is that since minting new bitcoins is done by solving an algorithmic problem, it is directly equitable with energy use.
  
  The problem is that people don't want gold as a currency. Gold as a currency is horrible. It's heavy and inconvenient to prove it's valid.
  
  What most people want is a currency which is backed by gold, which just means they don't want the currency agent inflating the currency for their benefit.
  
  In conversation about 9 months ago permalink
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  WilhelmIII (wilhelmiii@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:00:00 JST WilhelmIII
  in reply to
  True, but there tends to be an intrinsic stability to the value of gold, regardless of what its actual, demonstrable value is.
  
  There's probably an argument to be made for a new standard that is based on a unit of energy or something, something that has true intrinsic value.
  
  But gold has worked for thousands of years as a stable currency. Whoever wants it replaced with something else, or even nothing else, has the burden of explaining how the new system is better for the people using it.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 04:08:04 JST Bread up, Bro
  in reply to
  @WilhelmIII @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub That's why I mentioned bitcoin, it's already essentially an international standard which is both a currency and has a well defined path for growth.
  
  Everyone has EFTs for it because that's basically people betting on the collapse of the dollar.
  
  In conversation about 9 months ago permalink
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  WilhelmIII (wilhelmiii@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:08:05 JST WilhelmIII
  in reply to
  Correct, the subject is not: We want gold
  
  The subject is: We want a stable currency.
  
  Currently, gold seems to be the quick and easy answer.
  
  No one reasonable is hostile to other options, but bring a Powerpoint and convince people it will be better for them.
  
  In conversation about 9 months ago permalink
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  Dr. Detroit (placebo@poa.st)'s status on Thursday, 22-Aug-2024 04:14:44 JST Dr. Detroit
  in reply to
  @WilhelmIII @sickburnbro @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub Tally sticks took England from provincial backwater to preeminent global power.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 04:14:44 JST Bread up, Bro
  in reply to
  @placebo @WilhelmIII @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub tally sticks were a ledger, iirc.
  
  In conversation about 9 months ago permalink
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  Trevor Goodchild:verified::pondering_orb: (trevorgoodchild@poa.st)'s status on Thursday, 22-Aug-2024 04:17:18 JST Trevor Goodchild:verified::pondering_orb:
  in reply to
  @EvilSandmich @dubbub @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro >was able to print up infinite debt while suffering only comparatively minor issues in comparison . . . until the whole scheme fell apart
  
  Wait, I've seen this one before, it's a classic
  
  In conversation about 9 months ago permalink
  
  Bread up, Bro likes this.
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  EvilSandmich (evilsandmich@poa.st)'s status on Thursday, 22-Aug-2024 04:17:19 JST EvilSandmich
  in reply to
  @dubbub @TrevorGoodchild @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro None of those had anywhere near the scope of the petro-dollar. One of the ones that came the closest, and is interestingly not on that list, was the old Reichsbank marks which became a de facto "global currency" in Europe due to Germany paying off their reparations with them. Contrary to popular belief, the currency blew up not (directly) because of the reparations but because Germany was able to print up infinite debt while suffering only comparatively minor issues in comparison...until the whole scheme fell apart 🙄
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:18 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro or, they can continue to be in power because they have money and you can complain that your niche financial belief isn't being taken seriously by even internet racists like myself
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 04:59:18 JST Bread up, Bro
  in reply to
  @brigrammer @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub you are already using a currency that isn't dollars. When you pay for something with a credit card, your credit card could be in canukabucks, but neither you nor the merchant cares. Could be in reverse to.
  
  All that ultimately matters is that there is a price and a value is exchanged.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:19 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro my dude, when California made its GPR law to require deleting customer data which will never actually happen, it took my client months and millions of dollars to comply with deleting a couple of fields on demand (I spent a week screaming and swearing and wanting to kill the rich faggot who got the law passed because of his personal beef with Facebook)
  
  I have seen companies nope out of state over minor regulatory changes because the cost of compliance and implementation were more than tens of millions in lost revenue
  
  this would be changing the entire business model, revenue calculations, writing entirly new contracts, - oh, and nobody can actual propose what this would look like despite insistence that it is doable
  
  go look on a mortgage calculator for a home loan, chose you numbers, keep the term and calculate the sheet - now explain how you want that done differently
  
  I have found everything seems easy as long as you don't have to do it yourself
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:19 JST Paleface
  in reply to
  Nice. Then they can go out of business and the market will provide new, compliant ones.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:20 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro not the concept of banks, the system of banks - the current banks that enable me to buy holosuns and cans of 556 and ramen
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:20 JST Paleface
  in reply to
  Existing ones can easily change their form of operation if the law demands it.
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:21 JST Paleface
  in reply to
  None of those things are based on usury or on compound interest.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:21 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro banks and insurance companies and stocks aren't predicated on compound interest to operate? and all other mass market businesses aren't built on top of them in turn?
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:21 JST Paleface
  in reply to
  No, the concept of banks is not predicated on compound interest, just like public infrastructure is not predicated on banks, just like loans are not restricted by savings deposits.
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:22 JST Paleface
  in reply to
  Precisely zero of those things depend on usury or compound interest. The system would not collapse if it was banned, but some rent-seekers with funny noses would definitely jump out of tall financial district buildings.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:22 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro things based on a system cannot continue to exist without that system is a pretty simple axiom
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:23 JST Paleface
  in reply to
  Who the fuck cares about preserving current artificial ROIs? And do you think that the predatory part is the spread?
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:23 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro I care because I like having running water and electricity and being able to swipe the magic plastic card that lets me get food and guns in exchange for looking at boring code all day
  
  I see that the system collapsing makes these go away, what I don't see is any benefit for it other than my enemies suffer too
  
  except they have more money and power than me so I doubt it would hurt them
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:24 JST Paleface
  in reply to
  So unlike you tried to imply, the money does not come from savings deposits. Savers will be fine. They'll have myriad options, including participating in non-predatory lending schemes.
  
  By the way, fractional reserve is also largely a fiction today, easily circumvented by creative accounting (i.e.: pilpul).
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:24 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro > in non-predatory lending schemes
  
  can you define one where the depositor and the lender get the same ROI yet somehow it is better for the lendee?
  
  I keep hearing people say they would do something better without saying what that is but being rebuffed when I say that the ROI for those issuing the loans is what people are willing to put money into
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:25 JST Paleface
  in reply to
  No we don't, because none of that requires compound interest - or even interest - to exist. You're trapped within a made-up financial framework designed to benefit unproductive rent-seekers. And lol at "fixed by the market". Lmao, even.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:25 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro > designed to benefit unproductive rent-seekers
  
  I have money in savings, I get paid interest to keep it - when the saving accounts paid next to nothing I didn't bother keeping money in the banks and put it in other things
  
  when people act like this behavior, which is rational and optimal, is evil it means they are operating from an adversarial position
  
  you don't like people who have savings, you think that having savings is immoral - I don't know why, but I don't see how there could be a productive conversation with somebody who views savers as doing evil to debtors
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:25 JST Paleface
  in reply to
  Imagine thinking that the money lent by banks comes from people with savings.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:25 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro the loan money comes from fractional reserves, the bank pays me to not spend my money because they get an arbitrage on the money I deposit from the fed, who pay this rate because the money sunk in the account slows the speed of currency in the system
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:26 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro The value of future money has to be accounted for in the any loan scheme. When people try to break that equation people don't loan.
  
  The compound interest scheme is just one of many ways to model for future value, but if you made it illegal the same parameters would be reshuffled into something that outputs roughly the same return on investment.
  
  If you mandate the return to be lower, then the loans dry up as the money is better spent elsewhere.
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:26 JST Paleface
  in reply to
  Yes, it's just one of many ways to model for future value, which just happens to be the most predatory one and the most beneficial to the lender at the expense of not only the borrower but of the well-being of society itself. And if you eliminate usury and all other forms of financial rent-seeking hiding under other esoteric formats by law then that "elsewhere" will be limited to productive activities, which is an absolute positive.
  
  As a bonus we get a few hangings as examples are made when they inevitably try to circumvent the spirit of the law using pilpul.
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:26 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro > And if you eliminate usury and all other forms of financial rent-seeking hiding under other esoteric formats by law
  
  then you get rid of most home ownership, business creation, the ability to create things like factories, and so on, and the alternatives to these loans are more complex, involved, and expensive to service and price
  
  the arguments boil down to it being bad because it costs lendees to much, and it is bad a priori
  
  I have already explained that the cost to lendees is fixed by the market, a loan with extra steps would cost the same if not more because people will only loan if they get enough of a return
  
  the claim that it is bad a priori sounds a little hollow when the government is killing millions to spread gay butt sex and child rape around the world and demanding the "right" to mass child sacrifice
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 04:59:27 JST brigrammer
  in reply to
  @Paleface @BattleDwarfGimli @Hertz @PraxisOfEvil @TrevorGoodchild @dubbub @sickburnbro > There are plenty of ways to compensate for time preference without resorting to compound interest
  
  The math of debt is algebraic, you can move the variables from one side of the equals to the other by an offsetting operation but only changing the parameters has an effect on the total.
  
  If houses cost too much, you *could* try to make houses cheaper. Or if too many people want them, you *could* reduce the number who can. Hell, just one mass casualty event or chemical leak can really reduce the price of a place.
  
  Improving the economy and reducing immigration and expelling illegals all would help the cost of homes. Simply paying the credit card in full each month means paying no interest at all. Opening a banking account instead of using a check casher means no fees. Etc.
  
  But people are blaming the equation for total and ignoring the parameters because those aren't as fun to talk about.
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:27 JST Paleface
  in reply to
  The equation is a made up one, dude. It's not the only possible way to lend money. A willing government could easily forbid it with little impact on the real economy (would devastate finance parasites, tho, I'll play a tiny violin in their memory).
  
  In conversation about 9 months ago permalink
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  Paleface (paleface@nicecrew.digital)'s status on Thursday, 22-Aug-2024 04:59:28 JST Paleface
  in reply to
  You're arguing from within the system. There are plenty of ways to compensate for time preference without resorting to compound interest; of course the end of compound interest on loans would necessarily mean the end of compound interest on deposits.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 05:02:08 JST Bread up, Bro
  in reply to
  @DMA @BattleDwarfGimli @Paleface @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub yes, currency devaluation is real.
  
  In conversation about 9 months ago permalink
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  DMA (dma@nicecrew.digital)'s status on Thursday, 22-Aug-2024 05:02:09 JST DMA
  in reply to
  Some visual to help.
  In conversation about 9 months ago permalink
  Attachments
  1. Untitled attachment
    https://media.nicecrew.digital/c8ff3d3729d2e4f001ff685ef076b0be86317c02155e31c4cb15e08788f03e40.png
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 05:03:07 JST Bread up, Bro
  in reply to
  @DMA @BattleDwarfGimli @Paleface @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub But we don't even need to worry about 100 year ago comparison, people are upset that food prices are 2x over 5 years ago. That's something way more people can relate to.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 05:04:12 JST Bread up, Bro
  in reply to
  @Dan_Hulson @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer "This constitution was designed for a moral people"
  
  In conversation about 9 months ago permalink
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 05:04:13 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro Just as gold was the financial standard back in the day and Hitler refused to play by it, so too is fiat the financial standard now, and we, Hitler's descendants, refuse to play by it now.
  
  Fiat will collapse, by design. The sooner people ween themselves off the better they will fare, that's why RWs have been saying buy commodities for years. Nobody in the developed world will die from the fiat collapse, but many will die from the resulting racial turmoil.
  
  In conversation about 9 months ago permalink
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  DM me cats :nv: (catlord@poa.st)'s status on Thursday, 22-Aug-2024 05:04:13 JST DM me cats :nv:
  in reply to
  @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro No, it won't collapse by design. Fiat just means its value is decided by the authority. Fiat can be extremely stable, just as you can see over history. Germany had a fiat currency... Credit/debt based economics are extremely good and useful, especially in the digital age. There is no need to have exploitative rape of the people in that system. The central bank or state issuing currency and controlling the money supply is fine.
  
  In conversation about 9 months ago permalink
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  Dan_Hulson (dan_hulson@poa.st)'s status on Thursday, 22-Aug-2024 05:04:13 JST Dan_Hulson
  in reply to
  @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro If you have a good supply of goods, price controls and no jewish banks controlling money supply fiat works perfectly.
  
  In conversation about 9 months ago permalink
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  Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Thursday, 22-Aug-2024 05:04:14 JST Dr. Sex, Ph.d, Esq.
  in reply to
  I don't think you understand how much in society hinges on a financialized and debt-centric economy.
  >oh well it's good if society collapses
  That all sounds cool until you've got a cholera infection and are trading scavenged funko pops for clean water.
  
  The irony is also not lost that you've got the symbol of national socialism in your username while talking about how much you love the gold standard.
  
  In conversation about 9 months ago permalink
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  dubbub :windmill_of_friendship: ☦️ (dubbub@poa.st)'s status on Thursday, 22-Aug-2024 05:04:14 JST dubbub :windmill_of_friendship: ☦️
  in reply to
  @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro >That all sounds cool until you've got a cholera infection and are trading scavenged funko pops for clean water.
  Yes, because people can't figure out how to exchange goods & services without the fiat jew. If we lose the fiat jew water treatment plants will literally vanish.
  
  While Hitler didn't introduce the gold standard - he didn't have gold - he didn't inflate the currency either.
  
  Btw, apropos water you should absolutely ensure your own clean water supply. Gotta plug those dudes here, love their content thus far:
  
  youtu.be/RtMeHyGwcK0
  In conversation about 9 months ago permalink
  Attachments
  1. Emergency Water Supply Plan for any Budget
    
    from Dirty Civilian
    
    The American water supply infrastructure is far more vulnerable than we realize and it's the most important resource that most people have no backup plan for...
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  Dr. Sex, Ph.d, Esq. (doctorsex@nicecrew.digital)'s status on Thursday, 22-Aug-2024 05:04:14 JST Dr. Sex, Ph.d, Esq.
  in reply to
  >Yes, because people can't figure out how to exchange goods & services without the fiat jew. If we lose the fiat jew water treatment plants will literally vanish.
  Is/ought failure. What I'm suggesting here is that a rapid collapse will be very bad. Now, there isn't really a moral dimension to saying "billions must die", but it there is a difference between just saying it and accepting it. All I'm hearing here is "everything needs to be destroyed and an incalculable number of people need to die for my niche economic system"
  >While Hitler didn't introduce the gold standard - he didn't have gold - he didn't inflate the currency either.
  He *actively avoided it*. The gold standard was the global norm for finance during that period, it would be ridiculous to posture against bankers and finance while playing by all of their rules.
  
  In conversation about 9 months ago permalink
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  DM me cats :nv: (catlord@poa.st)'s status on Thursday, 22-Aug-2024 05:07:17 JST DM me cats :nv:
  in reply to
  @Dan_Hulson @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro oh god don't mention price controls it will happen again
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 05:07:17 JST Bread up, Bro
  in reply to
  @CatLord @Dan_Hulson @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer price controls will certainly happen again, they always happen during war times.
  
  In conversation about 9 months ago permalink
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  Bread up, Bro (sickburnbro@poa.st)'s status on Thursday, 22-Aug-2024 09:26:58 JST Bread up, Bro
  in reply to
  @brigrammer @Dan_Hulson @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild exactly. In a nation that is healthy you by definition don't need *laws* to tell people they can only charge an exactly dollar and cent amount for a good. People know intuitivly when they are getting screwed over and you only need some bullshit law putting things in black letter when you already have a shitbucket place where you let people do bad shit, but need to curtail some of the raping to keep the people from chimping out
  
  In conversation about 9 months ago permalink
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  Dan_Hulson (dan_hulson@poa.st)'s status on Thursday, 22-Aug-2024 09:26:59 JST Dan_Hulson
  in reply to
  @brigrammer @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @sickburnbro Well everything our regime does is antithetical to us they are evil and hate us. In a good healthy nation though run by our own people price controls are a must. Still, though price controls could still do some good in the current system
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 09:26:59 JST brigrammer
  in reply to
  @Dan_Hulson @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @sickburnbro > In a good healthy nation
  
  I am really not worried about that, because we don't exist in such a nation. Any new power this government gets will be used to make White people suffer because this government is fully invested in bio-Leninism.
  
  > Still, though price controls could still do some good in the current system
  
  Could, but won't. They are evil. They will only do more evil.
  
  In conversation about 9 months ago permalink
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  Dan_Hulson (dan_hulson@poa.st)'s status on Thursday, 22-Aug-2024 09:27:00 JST Dan_Hulson
  in reply to
  @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @sickburnbro Price controls are a basic principle of Fascism. Businesses can still make good money but aren't allowed to squeeze and extort people. If you aren't for some basic price controls you are likely an uphill gardener, innit
  
  In conversation about 9 months ago permalink
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  brigrammer (brigrammer@poa.st)'s status on Thursday, 22-Aug-2024 09:27:00 JST brigrammer
  in reply to
  @Dan_Hulson @CatLord @dubbub @doctorsex @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @sickburnbro > Businesses can still make good money but aren't allowed to squeeze and extort people.
  
  So, the idea that this current government will use price controls for good seems implausible.
  
  The idea that people would be fool enough to follow price controls seems even more so.
  
  In conversation about 9 months ago permalink

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