psychlops

6 ms·

1.
by psychlops 1y ago
Companies can make more baseball cards and beanie babies. Enforced scarcity gives bitcoin value.
2.
by psychlops 1y ago
Thank you for writing this. You are absolutely correct and made me step back to realize that the dollar is a global reserve currency and the US will do everything it takes to keep it that way.
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by psychlops 1y ago
Oh, Erdogan consolidated his power over the last few decades democratically. Rural turks came out in mass to vote for him over past decades. Incidentally, in the past he was actually jailed by his political opponents and banned from polit
4.
by psychlops 1y ago
You must be confusing my posts with someone else. Or claim doesn't mean what you think it means. Forgive me if it's difficult to forgive you when you place so much negative spin on what I wrote.
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by psychlops 1y ago
Or if the judiciary has any sort of bias as is implied in this case. (I don't pretend to know the details) I enthusiastically endorse the separation of powers and firmly believe that people should follow systems, not people. Perhaps
6.
by psychlops 1y ago
> The only thing anti-democratic is to allow someone that does not respect the democratic rules for running for office, for they will undermine democracy from within. Surely you see the catch in this belief. If there is a group of peopl
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by psychlops 1y ago
If we've learned anything from the California fires, the culprit will be global warming.
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by psychlops 1y ago
Thank you for clarifying, it did not occur to me that member states paid VATs. From outside the EU, the VAT is no different than a tariff. They are both taxes which inflate the cost to do business. From your example, I think it's f
9.
by psychlops 1y ago
I could be wrong, but think the German economy just broke last week when they blew the cap off their debt ceiling and kicked current day payments to future generations. Note that Germany protects its production with tariffs and VATs, the r
10.
by psychlops 1y ago
Oh, I think that's inevitable for the reasons you listed. DOGE would need to do way more to actually matter. Observing the current upheaval due to minimal cutting guarantees the future will be Argentina. The upside is the debt decr
11.
by psychlops 1y ago
> Who will afford to buy their expensive products? Fewer and fewer people. Yes, a shrinking of the consumer economy. It will work, just not like it has in the past. As I see it, you are absolutely correct in your assessment. Absent a
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by psychlops 1y ago
Perhaps? I can't imagine that either could take the loss of production capacity the way the US has. The global inflation of product prices alone is staggering to consider.
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by psychlops 1y ago
> Which parts will benefit from higher inflation? All domestic producers which produce products that cost less than imported competitors. I agree with you. The question to be answered is what kind of economy do americans want to have go
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by psychlops 1y ago
China would absolutely not want to have a reserve currency. Their export economy would be destroyed overnight.
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by psychlops 1y ago
Consider that this is the point of all the machinations. The US having the reserve currency is a liability in many ways and the direct reason why it's a consumer not producer economy. Losing reserve status will be damaging to some par
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by psychlops 1y ago
This sounds like a straw man. Do you have a link showing where supporters think Canada won't resist the US?
17.
by psychlops 1y ago
Columbia university can do whatever it wants. However, if they want to take free money from the federal government then they have to jump through more hoops. That article you reference says nothing about dissolving academic departments. P
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by psychlops 1y ago
Democracy works just fine either way. You just might not like the results. Also, because a person doesn't have an education doesn't mean they are stupid or can't think critically. Further, there are plenty of educated peop
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by psychlops 1y ago
Trump can't run for election again as it's his second term. Voting doesn't apply.
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by psychlops 1y ago
TIL, diplomas are not actually owned by the recipient.
21.
by psychlops 2y ago
I'm guilty of all your examples. It pains me so.
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by psychlops 2y ago
A legal procedure that protects citizens, which she isn't.
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by psychlops 2y ago
I'd invest large amounts of other people's money into it too.
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by psychlops 2y ago
One gamble her campaign made was that more people would vote for her specifically because she was black and/or female. I doubt there are any hard numbers, but I'd guess that number far overrode any racism/sexism vote. Walz
25.
by psychlops 2y ago
The ending of that comparison is that Twitter's strength is that it takes far more effort to build it's network effect. Air quality data is easy.
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by psychlops 2y ago
It's not needed. It's just easier if americans pay for things.
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by psychlops 2y ago
He won mostly because his opponent was even worse. The US deserves better choices.
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by psychlops 2y ago
> Your second point is silly. Basically you are saying that EVs are doomed because EVs are already selling too much. Thats like the old joke that nobody goes to this restaurant anymore because it is too crowded. I found it thought provok
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by psychlops 2y ago
I agree, except with your last sentence. There are many examples of efficient organizations that extract billions from the market from willing participants.
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by psychlops 2y ago
Private companies are funded by willing participants and have economic incentives to be efficient. The incentives for your electric company and other government programs for efficiency are not nearly so clear. It seems reasonable to favor

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