The Guardian is sort of sus but this article is interesting: https://www.theguardian.com/science/2021/apr/01/arabian-coins-found-in-us-may-unlock-17th-century-pirate-mystery
@Breaking911 Remember that all these companies are fully OK with actual honest to God ethnic concentration camps in China and think you're kind of a jerk for bringing it up.
@Gargron Listen here, kid! I'm gonna lecture you about how things were back in the day!
@djsumdog
>TFW you spend weeks testing in the testing environment and when you deploy the change it fails immediately because of a bug that only shows up when you're under full production loads
>TFW you spend weeks testing in the testing environment and when you deploy the change it fails immediately because of a bug that only shows up when you're under full production loads
@eff I'm certain that the solution will be to give billions of dollars to megacorps who will proceed to not do anything other than paying out dividends to stockholders. Just like every other time.
@djsumdog Unless you're andy ngo or one of those "white asians" that the left hates so much. Just lay down if you're one of those guys.
The hypocrisy is infuriating.
The hypocrisy is infuriating.
@aral The leftist is also using ground up paste made of poor people to fill the holes, and it doesn't work very well, but his buddy the richest guy on the boat says that's how you do it and we all have to make sacrifices for the greater good even though nobody that guy knows will be personally affected because he's got another boat right there anyway.
@doktorzhivago We were talking about tiktok today, and they said "China owns tiktok!" and so I said "You know who owns the social media I'm on most?" And they didn't know.
"ME."
"ME."
https://elements.visualcapitalist.com/shrinking-portions-visualizing-rising-food-prices/
I think the analysis of why is paint huffingly stupid, but it's a straight fact for anyone who doesn't have mommy or the butler buying their food knows it's been going way up.
Of course the main reason at first is going to be supply chain problems. Sending a bunch of people who do a bunch of things home really messes with the ability of getting food from the Vine to somebody's table. The farmers are likely mostly unaffected, but then you have truck drivers who are being affected, you have wholesalers who are being affected, you've got retailers who are being affected, and all of that drives down supply.
To me though, the biggest reason is the most obvious reason. In spite of a collapse in the productive economy, we've been paying everyone to stay at home. Besides that, we've been pumping a bunch of extra money into the economy. Besides that, we've been printing money like it's going out of style. Any monetarist knows that this is a recipe for inflation. The amount of things worth buying has shrunk dramatically, the number of dollars those things would buy his increased dramatically, so it's simple fundamentally economics that the amount of productive output that each one of those dollars will purchase has to go way up. There's an excess number of dollars and a deficiency of productive output so the price of the productive will naturally go up.
Fundamentally economics tells us three things. The first is that an extended period of monetary stimulus will result in growth reverting to the mean and inflation increasing. Second is that increasing the money supply will increase inflation. Third is that a period of low growth and high inflation is called stagflation and it is one of the most difficult economic problems to solve.
Basic mathematics also tells us one other thing: right now bonds from first world countries are near zero, record low. At the same time, a bunch of idiots have been advocating for running up massive debts because it's so cheap right now. Massive debts will cost massive amounts of money to maintain once rates go up. If inflation continues, rates will go up.
As much as everyone hates the boomers, ask them about what happened in the late 70s when stagflation occurred. Are you ready?
I think the analysis of why is paint huffingly stupid, but it's a straight fact for anyone who doesn't have mommy or the butler buying their food knows it's been going way up.
Of course the main reason at first is going to be supply chain problems. Sending a bunch of people who do a bunch of things home really messes with the ability of getting food from the Vine to somebody's table. The farmers are likely mostly unaffected, but then you have truck drivers who are being affected, you have wholesalers who are being affected, you've got retailers who are being affected, and all of that drives down supply.
To me though, the biggest reason is the most obvious reason. In spite of a collapse in the productive economy, we've been paying everyone to stay at home. Besides that, we've been pumping a bunch of extra money into the economy. Besides that, we've been printing money like it's going out of style. Any monetarist knows that this is a recipe for inflation. The amount of things worth buying has shrunk dramatically, the number of dollars those things would buy his increased dramatically, so it's simple fundamentally economics that the amount of productive output that each one of those dollars will purchase has to go way up. There's an excess number of dollars and a deficiency of productive output so the price of the productive will naturally go up.
Fundamentally economics tells us three things. The first is that an extended period of monetary stimulus will result in growth reverting to the mean and inflation increasing. Second is that increasing the money supply will increase inflation. Third is that a period of low growth and high inflation is called stagflation and it is one of the most difficult economic problems to solve.
Basic mathematics also tells us one other thing: right now bonds from first world countries are near zero, record low. At the same time, a bunch of idiots have been advocating for running up massive debts because it's so cheap right now. Massive debts will cost massive amounts of money to maintain once rates go up. If inflation continues, rates will go up.
As much as everyone hates the boomers, ask them about what happened in the late 70s when stagflation occurred. Are you ready?
Jeez, it's April 1st.
For years and years, the Internet becomes insufferable for 24 hours.
For years and years, the Internet becomes insufferable for 24 hours.
I find it interesting that people insist on keeping discussion about destroy lives to 140 characters or less. Shouldnt it take more thought?