if anyone is watching
I got annoyed at transient downvotes on this
and i'm tired of getting annoyed at websites
so i'm burning 12395 internet points
and locking myself out of my account
and throwing away the password
i would have you explain your sentence because it describes the concept of "reporting" as making an inference and i am no longer clear about how to interpret the words structurally
i tentatively take it to mean that you did the inference, and it's punishment by the university, but i am not sure, because the mechanism by which the university affects paypal is unclear
In principle, fiscal policy (taxing, spending) can substitute with monetary policy to some extent, and achieve many of the same goals, yes! But you'd be hard-pressed to find an economist who describes either recent or proposed fiscal policies of the Biden administration as something that's great at being remarkably anti-inflationary. Student loan forgiveness, for instance — some may say it's a worthy policy, but it's definitely freeing up money to be used on other things, and that's something that increases price pressures. I'm not sure it's on the table.
There's other disadvantages in that the impact of fiscal policy is usually somewhat on the slow side, leaving a risk that your fiscal tightening hits as you enter the recession or your fiscal stimulus hits as the economy is already booming after the recession. So it's not quite that simple. Take the case of the Inflation Reduction Act, for instance; it purports to reduce inflation by "making a historic down payment on the deficit". Let's take this at face value just to limit any possibility for argument: maybe that'll help!!! but ... if you look closely, this is actually kind of spread out over the next ten years, while we have real inflation now. Does it have an impact? Maybe. Does it have an impact today? Probably not as strong as one would like.
Network firewall virtualization certainly could be built on top of a new microkernel in Rust, such as this one, and it may gain some benefits in correctness — but looking at its site, the datacenter networking space doesn't really seem to be part of Redox's core ambitions.
People are great. Each person has intrinsic dignity and worth. Economic studies on safety and medicine spending and the like show us the demonstrated value of the lived experience of a single person is worth millions. All else being equal — a major caveat, of course — more people is better.
Imagine walking up to an arbitrary random person and saying “the world would be better off if you don’t exist.” Or better, imagine someone doing that to you. Not out of malice, not because you’re a bad person, not because you waste resources, just out of the premise that fewer people is a better thing intrinsically. That’d be a load of crap, right? Quod eras demonstrandum.
I do like that in this piece they call that out specifically and highlight the magnitude of what it would take to really move the needle on that (spending a double-digit percentage of GDP to actually compensate these women for their opportunity costs).
We've had many years of 0% rates and 2%ish inflation. A return to that status quo ante isn't exactly crushingly tight monetary policy. But perhaps inflation will fall before we hit 8%.
Yeah, this isn't just a one-time transient price spike that happened months ago. August fuel prices fell a lot (10.6%), a gift! — but core inflation erased all that progress, with a 0.1% month-to-month rise in the CPI overall. Food's up 0.8% in a month. Rent was up 0.7%. Cars were up 0.8%.
We probably can't rely on fuel prices falling 10% again next month.
… do you have the definition of “real” and “nominal” backwards?
Real wages are down. Specifically: prices are up 8.26%, and the raise was more like 5.5% ish. People can afford less rent. People can afford less food. People can afford less fuel. People can afford fewer goods. People can afford fewer services. People can afford less of everything. This is what “poorer” looks like.
(And remember, that isn’t 2.6% less discretionary income, that’s a total-income figure.)
Right now, in the Year of our Lord 2022, the BLS says wages are down 2.8% year over year. Maybe some people can negotiate a raise to meet inflation, but society overall just isn’t there right now. It is getting poorer.
Eh, we’re not at serious risk of hyperinflation here. We are at risk of regular old plain vanilla inflation, which is adequately obnoxious and harms real wages plenty.
As a net debtor, I might see see a 50% fall in the real value of my mortgage in 5-7 years at current inflation rates, if the politicians are feckless enough about it (“Milton Friedman isn’t in charge any more,” Biden tells me.) I seriously doubt I will see it in a month (the threshold cited in TFA).
You know what? You want to talk down Citizens United the organization, say I’m playing them as too scrappy and they’re really big money? … be my guest.
But don’t use your personal bank accounts to run businesses or charities, and don’t let anyone at the business or charities you might some day run do that either. That’s a massive red flag, the IRS will come auditing and looking for money laundering, and besides that there’s just an ocean of ways that can go wrong.
And the mechanism for sharing your account like you want already exists. It is called “incorporation”. That is like 85% of the point, easily. (That and doing things with the money, like entering into contracts or owning property.) You’re reinventing the corporation.
Anyway. The goal of CU was to air a movie (a stupid political hit-piece movie, I wouldn’t watch it, but it’s plenty politics).
It’s the same old “personhood” fiction for doing things in groups that’s been around since Dartmouth College vs Woodward, which is over 200 years at this point.
Corporations are also entitled to other rights that can be exercised by groups, like not having their property searched without a warrant or seized without just compensation, or their contracts broken. They are presumed innocent in court unless demonstrated guilty.
The actual Citizens in question were getting together (uniting, if you will) to spend money and engage in overtly political speech in a tradition that goes back to Thomas Paine. They used a non-charitable not-for-profit corporation to make and to show a stupid movie about Hillary Clinton. They used a corporation because that’s what you’re supposed to use for things like this and the alternative is sending the money to one private person’s individual bank account and that’s got all sorts of problems. And the court found that was a valid way for the people who contributed to exercise their rights to free speech, because of course it is.