turnip

joined 3 days ago
[–] turnip@sh.itjust.works 2 points 9 hours ago

Make an alternative first, then stop using it. Build a new X alternative for Canadian government messaging, and then let anyone use it.

[–] turnip@sh.itjust.works 1 points 15 hours ago* (last edited 15 hours ago)

Its a better gold, Bitcoin is anyways. In the 90s gold did poorly as a hangover from the double digit rates of the 80s and the recession that ensued, but since then its done 10% a year as every bailout gets larger and larger and QE is now a staple of central banks.

Stocks can do well but are taxed pretty high, and things like tariffs can erode their performance. There is also no cap on competition outside of bureaucracy.

[–] turnip@sh.itjust.works 1 points 15 hours ago

The "middle class" is built on currency debasement and the nominal value of assets built on ever increasing debt loads. Then the scheme fails and we do ever larger bailouts until the currency fails.

[–] turnip@sh.itjust.works 2 points 16 hours ago

Cool I've never seen this.

[–] turnip@sh.itjust.works 4 points 18 hours ago* (last edited 18 hours ago)

Powell said the spending is unsustainable. No government other than Trump has so far reduced spending, even Reagan never cut spending he just spent Americas pension system replacing it with IOU's.

So is there room to ponder whether its extenuating circumstances?

[–] turnip@sh.itjust.works -4 points 3 days ago (1 children)

I'd say we will save money by forcing them to be healthy. The outrage is about this not being a social safety net but something closer to a minimum income.

[–] turnip@sh.itjust.works 3 points 3 days ago* (last edited 3 days ago) (19 children)

This is a great idea, it will make healthy food more abundant for everyone via economies of scale. Ban tartrazine and put a warning for high sugar content and trans fats.

[–] turnip@sh.itjust.works 1 points 3 days ago* (last edited 3 days ago) (1 children)

The incentives in a corporation are misaligned with the decision makers. They want promotions and more employees under them to justify their own raises, so we get this cosplay of efficient work as natural monopolies keep us all employed.