• 3 Posts
  • 717 Comments
Joined 2 years ago
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Cake day: June 17th, 2023

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  • Not really. Most money is actually just numbers on a spreadsheet. This is because loans actually create money in a virtual sense. If you want to reduce the money supply, a better approach is to up interest rates, which encourages people and companies to reduce how many loans they take and pay off the ones they have.

    And yes, this is what the Biden administration did to reduce inflation, and it worked. At the start of his term it was over 8%, and at the end it was under 4%.

    Unfortunately, people don’t understand that reduced inflation doesn’t mean reduced prices. It just means the prices don’t go up as fast. They also don’t understand that negative inflation, i.e. prices going down, is actually terrible for an economy since everyone is then encouraged to spend as little as possible, reducing cash flow


  • They’ll take any extra taxes gained and put it into the military budget

    Trump is actually trying to cut the military budget too. Which is actually problematic because we have a lot of equipment (particularly aircraft) that is aging out and we already can’t develop and/or manufacture replacements fast enough







  • I originally dropped Nebula due to them allowing the channel “Second Thought” on the service.

    While this particular creator may have been good in the beginning, over the years they have devolved into a source of tankie propaganda. The first video I saw from their channel was titled “Alternatives to capitalism”, which I had hoped would go through a few alternatives and list out pros, cons, and history. Instead, the video was summed up as “Amerikkka bad and therefore capitalism bad”, with 0 mention of any actual alternatives to capitalism as an economic system. Going through more videos showed that this was par for the course.

    I was disappointed that Nebula would allow this creator on their platform, as they advertise themselves as a hub of educational video content. Thankfully, Second Thought had a very angry falling out with Nebula over Second Thought’s celebration of Hamas’s attacks on Israel. To clarify, they were supporting Hamas, not Palestine.

    Recently I’ve started other Youtubers that have joined the platform. Combining that with Second Thought leaving is making me seriously consider signing up again.


  • I doubt this. Atheists (myself included) often get the frustrating question of “what stops you from harming people if you don’t believe in Hell?” when people learn about our lack of faith.

    Many of them think that promises of reward and punishment are the only thing ensuring that people act morally.

    If you’ve ever talked to a religious conservative American, many of them believe that religion, particularly Christianity, has a monopoly of defining what morality is.


  • This. ALL of this. I hate the story of Job because it just encourages people to accept abuse.

    Unfortunately, this plays into why Christianity spread so far to start with. Storues like this reinforce class dynamics, which means ruling classes around the world want to implement them, and since they have more political power they have that ability.

    This is a large part of why the vikings moved away from paganism to Christianity. It simply benefitted the rulers, from chiefs to kings. So they eventually forced their people to switch under threat of execution.



  • I like my zfold 6, but the main downside is that it’s made by Samsung. They’ve switched to a locked down bootloader over the past few years and you can’t get GrapheneOS or LineageOS to run on it.

    Because of this, once software updates stop being supported by Samsung, the phone increasingly become a security liability. Meanwhile my old S10e does support these 3rd party OS’s so I can theoretically keep using it safely for several more years