Why do we borrow our own currency when the government can just print more money?

binaryblob · 2024-05-04T18:03:52+00:00

What is the joke? From what I can see (according to Wikipedia) Bernstein doesn't have a degree in economics. Why would he act as if he doesn't have a clue? I don't really see anything remotely funny.

The truth is that the money supply effectively expands indefinitely causing inflation. The US dollar being a reserve currency in which oil is settled means the US has a huge advantage in the world.

Instead of paying tax, increasing the money supply has also been pointed out as an alternative. As such, it's a quite serious topic, I'd say.

According to https://www.foxbusiness.com/politics/white-house-economic-adviser-struggles-with-question-on-monetary-policy there is no joke, but he is just incompetent with his bachelor degree in Music. For fucks sake, can't you people find someone capable?

I'd imagine that the only reason you (I assume you and the OP are related) posted this, is because it allows one to attack Biden politically. It's a fair criticism, but Trump would be a much larger disaster. So both are senile men that have no place in government, but one is a lot worse. How hard can it be?

binaryblob · 2024-05-02T18:43:46+00:00

Whistleblower goes down, stock goes up.

The real "news" was that the CEO sticks around somewhat longer to train the next guy. Of course, why this would be good news seems odd. A great company should be able to switch CEO weekly without any fuss. If that's not possible, it should be considered a bad thing, so the stock should have gone down. Also a whistleblower dying should be considered a bad thing, because it lowers the reputation of the company regardless of whether they had anything to do with it.

When they change their ticker to HTMN, then perhaps that would be bullish, because they would be saying that indeed they run this world. For now, I think they would be happy if their factories were running.

binaryblob · 2024-05-02T12:35:18+00:00

They claim to have rules, but banning in general is excessive for anything but spamming at a ridiculous ratio.

binaryblob · 2024-05-06T19:01:28+00:00

Do you always ask such stupid questions?

binaryblob · 2024-05-05T22:08:29+00:00

I wish I believed the West had any actual power left, because if they don't they might need some help. All of the "weapons were designed to beat the Russians" doesn't really seem that impressive anymore. The Chinese claim they can track F-22s. Now, whether this is true, I don't know, but stealth aircraft can obviously be defeated using satellite technology. The F-22 is fairly old already, but I surely hope the Americans have some wonder weapons left, because if they don't, Europe might be fucked.

Europe doesn't even increase shell production 50 fold in a year. What are they? Stupid? Suicidal? If you have decades of "peace" and robots have existed for 50 years, how the fuck do you mess up military production?

It's like our "leaders" (see Merkel and Schröder (Gazprom payroll)) got a Russian paycheck to weaken Europe.

Can the US even win a major war with just their planes? Won't the air frames wear out too fast? AFAIK, the military can't produce more plans themselves, but they need cooperation from companies like Lockheed Martin. What if they say "No"? Or, what if they say "Well, perhaps for a trillion dollars we will remember how to build another"? I don't know how it works in Russia, but I doubt Putin needs to beg to get some shells produced. He can just march in and shoot whoever is running it in the head and appoint a new one (probably not a good idea, but you get the point).

A no fly zone would have been the best option and it should have been done before Crimea was invaded.

I fully expect Taiwan to fall if China really wants to have it. I don't know whether it will be nuked by the US if that happens, though. All US military planners talking about defending Taiwan don't have a clue, IMO.

binaryblob · 2024-05-05T16:22:13+00:00

I don't even care about the climate. I know CO2 is rising and I already know that's bad, regardless of the climate.

This documentary has some idiot claim that 2000ppm is fine. I think if we put him in a box at 2000ppm for the rest of his life, he is going to beg to leave the box.

binaryblob · 2024-05-05T16:07:49+00:00

You sound very stereotypical.

binaryblob · 2024-05-05T16:06:14+00:00

Where are you going to get your news? Real-time video manipulation kind of killed how news has worked in the past decades.

How are you going to determine what is and isn't real?

binaryblob · 2024-05-05T15:44:59+00:00

Is there even such a thing as a ghetto in any Japanese city?

binaryblob · 2024-05-05T15:34:27+00:00

I think they work to act as if they do anything for someone else, while not actually doing anything useful for patients, but if they can make an extra buck by fucking over patients, they will do that. Am I close?

binaryblob · 2024-05-05T15:16:54+00:00

How long are these legal issues expected to take?

binaryblob · 2024-05-05T15:16:26+00:00

But the very same principle applies to ignorance of overunity and cold fusion findings, which are also inexaustible sources of energy.

Can I have one of those over unity devices? Oh, you don't actually have one? How about you shut up until you have one then?

Regarding the "unbreakable glass", it's somewhat interesting, yes, but I think it's just that the glass isn't ultimately cheaper than its weaker competition. If it wasn't, someone would just start a new factory today producing the glass.

binaryblob · 2024-05-05T13:34:57+00:00

Some people have weakened immune systems and they do die when infected.

I think the most I hear are people that got sick and never recovered to the health they had before their infection.

My opinion is that pretty much everyone got infected before there even were vaccines and as such everyone that couldn't fight it naturally died already; that's why you don't hear them complaining anymore. About one in a million is still hospitalized per week with COVID, so it's not zero.

Did you ever lose your sense of smell? If not, it's kind of easy to not say it's a big deal. Some people claim they never got it back.

binaryblob · 2024-05-05T10:13:42+00:00

Of course it does. This guy has an association with Biden and as such Biden is unfit to be president. That's the argument. If you do not see that, you must be stupid.

binaryblob · 2024-05-04T22:55:46+00:00

It's completely insane to attribute inflation to Biden. Inflation is pretty much a US interest now, because how else are they going to repay the debt?

COVID mostly caused inflation (and in particular the government's questionable policies), the war in Ukraine caused a higher price of energy as well. I think at least 50 percent of what Biden did were strategically sound choices and even then, the idea that any single person actually makes these decisions is wrong. If a given leader gets a particular advice from his staff, there's not really room to think anything else anymore.

The US should probably have stationed troops in Ukraine, before the invasion. That would have been actual deterrence. Then again, perhaps the US is playing 5D chess and they just want to intentionally weaken Russia and have it fall apart under its own weight. As a citizen without my own intelligence apparatus, it's impossible to say whether the policy is good or not. The simplest explanation seems to be that Ukraine is now losing on the battlefield, because of widely reported artillery shell shortages.

Ultimately, there will be a standoff between NATO and Russia, so perhaps the US is just picking a better time or perhaps they just want to wait until Putin dies of some natural cause and hope for the next leader to be different. I think the NATO countries shouldn't just hold a 90,000 person exercise, but actually actively help defend to drive out Russia. What's Putin going to do? Threaten with nukes? Launch them? He can do that anyway. If the West didn't build some kind of working defense against nukes despite them knowing such weapons existing for literally decades, perhaps the West is just not the evolution nature has in mind. It seems that Europe doesn't even have enough nukes to cover every square inch of Russia. That's not even a MAD-strategy they can execute on their own.

From a distance, it seems that the US doesn't believe it's a world power anymore.

binaryblob · 2024-05-04T18:35:27+00:00

Instead of memes we now link to videos? I mean, it's an accurate video, I will give you that and I agree that even a child understands these concepts, so if you wanted to imply that Bernstein has a lesser developed intellect than a child of let's say 7 years old, I would also agree, but was that the point you were trying to make?

binaryblob · 2024-05-04T18:07:36+00:00

If all the people interested in global warming would spend $1,000 to fix the problem, it would already have been fixed.

I wonder whether the people involved in climate protests are just all mentally ill or whether they are just stupid of whether they are paid actors or a combination of those. I am pretty sure that individually I could convince every single one of them to stay away, if they were just stupid. If they are paid to be there, then it's just organized crime.

binaryblob · 2024-05-03T22:01:02+00:00

My more complex queries go into AIs not made by Google. That's kind of bad for Google in the long run. Where do yours go?

binaryblob · 2024-05-03T21:59:06+00:00

You posted something from 2021. Perhaps next time post something that happened today?

binaryblob · 2024-05-03T10:04:58+00:00

What happens if you were to burn not just the Koran, but the Koran, the Bible and every other religious book in Sweden? Just burning the book of one religion suggests you think the others do make sense; I'd respect someone burning all of them, because all religions are ultimately institutions of violence (scientific fact).

I think it's scary when people believe in any god. What else are they going to imagine next?

binaryblob · 2024-05-03T05:57:58+00:00

If you interpret words in a particular way, you are right. I think what we currently have is a travesty of free speech. The word "free" has the established meaning of "without restrictions". In your interpretation presumably, I'd have to call it absolute free speech.

Such word games only show how indoctrinated most people are. If you advertise a product as "free", it can't be "not free", because it would be insane, but when it is about politics, suddenly we go all Double Speak over words.

The phrase "free speech" as use in common parlance, should be renamed to "limited free speech". That way, when someone says "we have free speech in this country", everyone knows that person is lying.

Not that it matters, because "free speech" is a retarded concept in itself. If you want freedom, you need to have the biggest stick on the planet. If you don't have that, you live in a prison of control of other people, no matter what you believe. You can't effectively own anything either, because someone else with the bigger stick can take it away, which happens to people all the time. If "property rights" need to be given to you, you don't actually have those rights.

All of those "universal human rights" sound nice on paper, but in the real world those do not exist in countries that supposedly implement them.

Laws only exist to serve whoever is holding the biggest stick. How many governments are run according to their own laws? Zero?

Let's say someday a virus appears which exterminates every race on the planet, but one immune race. According to your "free speech", none of the people of the other races can campaign to wipe out the immune, but virus spreading race. So, they literally all have to just shut up and die in your fantasy world. This example shows that in time of crisis, your limited "free speech" won't even be enforced either, which makes it a hollow concept. If you were to announce tomorrow that people of race X were carrying a deadly pathogen that would kill everyone else within a month, do you think you would be able to stop the resulting genocide? Would you even want to if you were not of race X? Where are your principles now?

The phrase "free speech" is only used to trick people in believing they have "freedom". The lie is working great

binaryblob · 2024-05-02T12:34:02+00:00

The only problem with these "reveals" by James O'Keefe is that there are so many. Why would anyone working for the CIA just say that they do?

One could say "Oh, no a democratic leader doesn't get to know all the secrets", but one could also say that it's hardly a surprise that someone chosen by the public is not fit to actually be the Commander in chief.

It some authoritarian regime wants to say that democracy sucks or given the actions of the CIA doesn't actually exist, they are completely right; it's just that authoritarian regimes also suck.

In the US having a shared role for commander in chief and leader of a country is somewhat special in itself. It's probably better when discussing budgets is a role of the political leader and making decisions about troop deployments is left to the pros (without them spilling the beans on secret tech).

binaryblob · 2024-05-02T12:15:42+00:00

The more interesting question is what happened to this guy and how the response is different or the same in different countries. I doubt they like it when you lie about such matters.

binaryblob · 2024-04-30T23:32:13+00:00

Can you show attack stats or if you can't do it publicly, just share them with me? I am very trustworthy.

I just find it hard to imagine that there are actually a lot of bots, because of the few users.

binaryblob · 2024-04-30T23:20:25+00:00

Imagine needing Cloudflare for 12 people. .

binaryblob · 2024-04-30T23:07:31+00:00

Anyone willing to spend that much time and money on plastic bins to cover ULEZ cameras will give up soon enough.

???

binaryblob