w2qw

joined 2 years ago
[–] w2qw@aussie.zone 2 points 2 years ago* (last edited 2 years ago) (6 children)

The dependency system takes a bit to understand but compared to like upstart it was a massive improvement.

[–] w2qw@aussie.zone -3 points 2 years ago (1 children)

The horseshoe political theory

[–] w2qw@aussie.zone 18 points 2 years ago
[–] w2qw@aussie.zone 3 points 2 years ago* (last edited 2 years ago) (4 children)

I don't even think you need to go to that. The vast majority of spending is discretionary. Is Jeff Bezos new yacht an essential? Deflation is particular bad for workers because it means less investment and lower salaries for those with a mortgage that's even worse. The people that benefit are those with huge stockpiles of cash.

This only really applies if it isn't just temporary though. It's also pretty for central banks to fix.

[–] w2qw@aussie.zone 4 points 2 years ago (1 children)

I think you are overthinking it they won't care. If you are worried could just ask your bank.

[–] w2qw@aussie.zone 4 points 2 years ago

I admire the optimism

[–] w2qw@aussie.zone 2 points 2 years ago

A lot of the build to rent tax concessions seem to be trying to pull in more institutional investors. I would think that individual homeowners would be the ones more affected by interest rates.

[–] w2qw@aussie.zone 7 points 2 years ago

Why wouldn't it? Unless they said to avoid sparkling water for some reason or another.

[–] w2qw@aussie.zone 2 points 2 years ago

Sucks that she got COVID after getting the vaccine

[–] w2qw@aussie.zone 6 points 2 years ago

Unfortunately the public voted out a carbon tax so I guess they are as much responsible.

[–] w2qw@aussie.zone 1 points 2 years ago

This is true but not a necessity of capitalism. Pigouvian can put the destruction of the commons back in that box.

[–] w2qw@aussie.zone 2 points 2 years ago

A socialist society would be better for the environment because all the people would starve /s

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