I said so many disparate things, I’m not regurgitating a blog I read, there is no single source.
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turnip@lemm.eeto Canada@lemmy.ca•Poilievre dodges questions about repealing national handgun banEnglish1·3 hours agoSorry I mean drug treatment.
turnip@lemm.eeto Memes@lemmy.ml•"If you didn't want fascism you should have voted!"English1·7 hours agoAccepting gays is definitely the same as funding sex change for prisoners and sending them to a female prison, which was one of the most successful ads in history.
It went from Backtrack to Kali. I’ve never heard of whoppix tho.
turnip@lemm.eeto Lemmy Shitpost@lemmy.world•i get most of my news something like thatEnglish5·7 hours agoWhy Alvin tho?
turnip@lemm.eeto Canada@lemmy.ca•‘We have a lot to offer’: Why Canada may appeal to American physiciansEnglish2·9 hours ago“Leave your 500k mansion for a 2 million dollar crack shack in one of our fine cities; though you will need to pay higher taxes you’ll luckily be in a lower tax bracket since you’ll be making half as much!”
I still remember when Vancouver was trying to entice tech companies to move there by advertising Vancouvers low salaries.
turnip@lemm.eeto Canada@lemmy.ca•Poilievre dodges questions about repealing national handgun banEnglish13·3 hours agoWell forcing the drug treatment
lockupof people addicted to hard drugs would probably do a lot to hurt the gangs that are funded via selling hard drugs. I’m assuming most of the gun crime is gang related violence.
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.eeto Canada@lemmy.ca•Canada’s housing market was poised for a comeback. Then trade war jitters set inEnglish5·11 hours agoThe real problem I see is its tied to our money supply.
-The mortgage acts as a gatekeeper for an inelastic good that is necessary for life and procreation, hence the youth are forced to sign up for it, which grows the money supply when they take out the mortgage. This means the price is always being bid up and will fill whatever available debt bucket people can attain.
-This newly created currency goes from the bank to the boomer, the boomer spends the money, and it grows aggregate demand.
-This then funnels down into goods prices, counteracting deflation due to technological progress; counteracting CPI deflation such as hedonic adjustments and subtitutions; counteracting money taken out of circulation rather than being spent, by it being invested into alternative investments; leading to our 2% inflation target.
If the price of homes fall then you get a virtuous cycle of people no longer taking out mortgages, as no one wants to catch a falling knife, leading to a dramatic fall in the money supply. So instead we push the bubble higher until it finally becomes unsustainable. Its really a fundamental problem with our entire monetary system as far as I see it, and will inevitably always lead to the kind of demographic collapse we are seeing.
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.
turnip@lemm.eeto Fuck AI@lemmy.world•Russia seeds chatbots with lies. Any bad actor could game AI the same wayEnglish1·12 hours agoDo we not also assume the US is doing this?
It seems like its just another tool of modern warfare. This could be an example right here, painting Russia and China as if they are somehow different, an AI is going to reinforce on that.
Which part are you skeptical of, I’m assuming the petro Canada part?
It was my comprehension of this:
https://liberal.ca/cstrong/costing/
We have dwinding productivity investment in Canada, as the Bank of Canada always points out in their pressers, and have had for a while now. Much of this is high tax, regulation, and bureacracy; this is being combated by trying to seed private investment using tax dollars, as Freeland has been talking about for a while now.
Just consider yourself when you go to invest, would you invest in the US who is cutting regulation and corporate taxes, or Canada who is worried about indigenous groups and is talking about having corporations pay their fair share? The answer is likely why the US is 62.70% of the global marketcap, and that is what we are trying to entice while not cutting our regulatory burden. This is my take on it anyways, but I’m just some guy.
No you misunderstand, I want him to act like a dictator, since his entire cabinet has been the worst thing to happen to Canada the last 10 years. As I said Carney basically crapped on their performance himself, in a more or less polite way.
turnip@lemm.eeto Canada@lemmy.ca•NDP wealth tax would raise $94.5B, pay for worker tax cut and health-care improvementsEnglish34·13 hours agoCarney has already cut the capital gains tax, that we were told was created to create generational fairness. As well as the carbon tax, which we were told was a net benefit to the poor. Given the polls seemingly Canadians arent progressive, and they hate taxes on the rich.
I feel like the NDP and the conservatives are both better than the Liberals. The NDP will raise taxes to actually fund the programs, which will lead to higher average standards of living and less future austerity; where the Conservatives will cut and lead to greater productivity gains and greater foreign investment into Canada.
Whereas the Liberals seem to be low taxes, tighter regulation, more unfunded programs, and now using even more debt in an attempt to force capital formation as if it will be different from the last decade. They just seem to say whatever they have to to get elected at any given time with no static leanings left or right, a party of non-denominational opportunists.
I lived, I laughed, I ate avocado toast.
I’d always assumed they gave them a salary as well. Thats what I have at my job.
turnip@lemm.eeto World News@lemmy.world•China accuses US of new pressure campaign on global trade: Beijing warns of retaliation after reports that Washington is urging allies to cut trade with China.English2·14 hours agoModern war will soon look like an autonomous drone light show moving towards your military base, and the winner will be whoever can starve their enemy of advanced components and rare earth elements, hence China ceasing their exports of rare earths which make up 80% of the US supply.
turnip@lemm.eetoPersonal Finance@lemmy.ml•My salery is decent but I somehow can't afford anythingEnglish01·15 hours agoYou’re near the bottom for wages.
Shut up uncle Joe, Charlie needs to cook!
Thats it, nobody can do anything now because the US voted for an fat orange turd after running their finances in the worst way they possibly could for the last 50 years?