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1981  Economy / Economics / Re: Food prices doubled this year on: July 25, 2021, 03:09:39 AM
Have you heard the term Inflation before? It simple means more money has been printed every year while adds more in the circulating supply as a result of this the purchasing power of your money is going down every year.

According to the Keynesian theory, printing money will cause inflation. But according to Michael Hudson, an expert on Modern Monetary Theory (MMT), money printing does not always end in inflation as long as money printing is not used to pump demand through direct cash assistance, but money is printed to increase production or money is printed based on layered projects such as in China. The project itself should be independent, free from imported raw materials, free from foreign workers, and must be in the manufacturing industry sector, not in the service or trading sector.

The goal is a rotating economy, when the industry moves, purchasing power will be maintained, economic growth will occur and people's welfare will increase. So at times like this, the government of each industrial sector country can absorb a lot of labor so that it can boost domestic consumption figures and support the national economy when the global supply chain has not returned to normal, due to the pandemic which has hampered the export-import process.

Keynesian economic theory applies here because one, we already have the data available and that inflation currently exists in the US, but two, the funds that were being pumped out by the federal government were funds that were going to be torched the moment they hit people's bank accounts. Example - you have small businesses that took PPP loans and kept their staff on payroll, only for the restaurant/bar/pub to close down some number of months later. Is that loan money ever going to be paid back? Nope. So you have the government giving out loans to businesses that will never pay them back, handing millions of people unconditional 2k checks, and bailing out poorly run states so they can fund their social programs.

We know what the obvious result would be, yet some politicians seem keen on keeping the status quo of more reckless spending.

This is not even getting to the problem of a labor shortage, which will ofc increase the scarcity of commodities.
1982  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: July 24, 2021, 06:29:58 PM


My point is strictly about the inflated case numbers (inflated being people tested that don't really need to be tested), because the only metric that matters are COVID deaths, not cases. I’m not saying they are lying about the case counts, only alarmist hyperbolic propaganda being pushed by those that would say the pandemic is not over, even in the age of vaccination, by falsely attributing breakthrough cases with a need to mask up and lockdown. I know it’s coming, hell, it’s already here.
1983  Economy / Economics / Re: Bitcoin is key to the future of Twitter, Jack Dorsey says on: July 24, 2021, 06:09:24 PM
I thought we stopped trusting these billionaires for their takes on cryptocurrency, especially after the fiasco with Elon Musk. These people made billions off traditional institutions and traditional currencies, I’m not interested on their useless commentary. Dorsey should fix his social media platform and promote free speech first, then maybe I’d take his opinion serious
1984  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: July 24, 2021, 01:31:18 AM
5100 vaccinated individuals get Covid after jab, 80 have died: https://www.nbcboston.com/news/local/more-than-5100-breakthrough-covid-cases-reported-in-mass-at-least-80-have-died/2435719/

Tells you more about the PCR tests they use for Covid,  blood titers confirm the high level antibody presence for the spike proteins in double vaccinated individuals, so they might come in contact with the virus and have a mild form. But, if they were to get tested, the virus would still be present within their system, and recognized in a PCR test. Seems almost useless to test a vaxxed person unless they're extremely ill and in the hospital, and that is incredibly rare.
1985  Economy / Economics / Re: On Cuba and economy on: July 23, 2021, 07:11:52 PM
I think the latest revolt is fueled by food shortages and lack of medical support to treat COVID infection.

Many cubans could be dying from starvation or COVID. If they're already suffering dying, I guess they don't have a whole lot to lose at this point?

One interesting point here is americans were willing to travel to the other side of the planet to "liberate" iraq from an authoritarian dictator. While seeming unable to muster any enthusiasm to criticize cuban autocrats in their own backyard. I've only seen a few random florida mayors suggest lending aid to cubans and opposing the oppression there should be actual things.


It's mostly just against communism. These people aren't in the streets chanting about food or health supplies, they're directly protesting against government, meanwhile they get beaten into submission by government police. Vaccines and food are ancillary problems caused by communism. Biden administration has a tough time condemning communist directly so they'll blame these Cuban protests on social issues and not governmental issues.
1986  Other / Politics & Society / Re: Do you trust the co-vid19 vaccine ? on: July 23, 2021, 02:47:48 PM
https://twitter.com/JackPosobiec/status/1418562940458967046

Maybe members of the media are the reason why there's so much vaccine hesitancy? The US develops one of the first Covid shots that is safe and effective, but because orange cheeto and his Hitlerian antics, we were not allowed to trust the vaccine. I notice the script happen to produce a 180 the moment Joe Biden got elected, but for reasons unbeknownst to me, I don't believe the media will apologize for their vaccine misinformation campaign.
1987  Other / Archival / Re: El Salvadorans are not happy about accepting bitcoin as a means of payment on: July 22, 2021, 04:19:14 PM
I don't think their concerns are unreasonable, the biggest case against BTC as a day to day currency is volatility. I don't expect the low wage earners of El Salvador to understand why their local currency might even be more unstable than Bitcoin given the currency is attached to government and politics, but the easiest rebuttal is to expand the time frame they look at. BTC had its price cut in half over these last few months. But look over the course of the year? Where is BTC now?
1988  Other / Politics & Society / Re: Unvaccinated people dying and begging for vaccination on: July 22, 2021, 04:01:11 PM
Pretty disgusting fear porn piece, I'm glad this doctor wanted to interject that "young and healthy people" were coming in with serious illness because actually showing the data wouldn't do justice. Pushing sensationalist alarmism sounds about right for attention grabbers.

https://www.cdc.gov/nchs/nvss/vsrr/covid_weekly/index.htm - There is the data, find your age, factor underlying conditions, and consult your own doctor. If you are young, you have other things to worry about, period.

This is the worst way to convince people to get vaccinated, it comes off as vindictive. Nothing like a "I told ya so" to dying patients as this doctor runs to the media to tell the story of her dying patients' final moments. With how many Americans dying of preventable diseases from smoking to drinking to obesity related illnesses, I'm rather shocked that there aren't doctors which share the last moments of their dying patients as they succumb to other preventable illness.
1989  Other / Politics & Society / Re: [Poll] At what point will you stop complying with Covid restrictions? on: July 21, 2021, 02:12:12 PM

You are only vaccinated against some variants.  We don't know what variants are out there.

Yeah, we do know what variants are out there. The delta variant is the only one that shows evidence of higher transmissibility and there isn't any evidence that shows vaccinated people should be worried about it. The vaccines are extremely effective against variants, so if you are vaxxed and are worried about variants, you are paranoid and fearful without any evidence to support your concerns.

That is why all measures need to be taken by everyone.  The dodo birds who refuse to wear masks and get vaccinated make things worse
as they prolong the pandemic and give a chance for a virus to mutate into something that might be difficult to manage.

This thing is not over.  Get vaccinated asap, and wear the fucking mask at all times.


It is *never* going to be over. Ask any virologist that is honest and won't sugar coat things. Coronavirus is too transmissible and it is impossible to inoculate every man, women, and child in the world to prevent its spread completely. They will tell you Covid will be here forever, and will become like the flu, something seasonal. This is never going away. For Covid to go away you need to vaccinate the entirety of the world simultaneously. Isn't going to happen. Say Europe and North America vaccinate enough to reach herd immunity. Do you think India is going to be able to vaccinate their 1 billion plus population in time for Covid to not mutate and produce a new variant? Eventually, there will be a variant that the vaccines will not be effective against. Do we start the doom and gloom process over again, restricting liberties and shutting down businesses over a virus with a 99.5+ percent survival rate?
1990  Other / Politics & Society / Re: Do you think COVID19 is a scam? on: July 20, 2021, 03:39:26 PM
BA-ha-ha-ha!  You've been chumped.  If you would have listened to us 'anti-vaxer conspiracy theorists' you would have seen this coming a mile away.  Now run along and burn down the city.  That is exactly what 'they' want.  And need.

You're acting as if I did not see this coming, I did. I am not surprised the commies in California chose to reinstate their mask mandate, or for the US to start masking up 3 year olds, or for Israel to reinstate their mask mandate after one of the most successful vaccine roll out programs in the world.

Paranoia and fear do not allow for rational decision making.
1991  Other / Politics & Society / Re: [Poll] At what point will you stop complying with Covid restrictions? on: July 20, 2021, 03:32:31 PM
~

You're talking about symptomatic spread, which I don't dispute masks probably help. I'm talking about masking up if you do not exhibit any symptoms, regardless if you've got the jab or not.

But a general rule has to be applied, surely?

If masks prevent symptomatic spread, then it makes sense that everyone who has symptoms should have to wear a mask.

So how to best ensure that everyone with symptoms wears a mask?

A) Make everyone wear masks. Simple. And despite the vociferous objections from certain quarters, there is almost zero inconvenience. It's the obvious answer.

B) Tell people that you should wear a mask if you have symptoms. Result: some people with symptoms wear masks. Other people with symptoms see the request as (and I have no idea why) some sort of outrageous imposition on their human rights, and don't wear a mask, claiming not to have symptoms. Other people with symptoms don't wear a mask because "it's just a cough, it's not Covid", etc.

Option A is clearly preferable. Same reason that motorways have a speed limit. The blanket rule ensures optimum safety. Professional racing drivers would probably still be capable of driving safely at much higher speeds... but this isn't a reason to abandon the speed limit and ask people to drive at whatever speed they find comfortable.

Since when is lying a good public health strategy? Be clear, be honest. Bureaucrats have been telling people that "the science" says masks help reduce Covid transmission, they make no distinction between symptomatic and asymptomatic people.

If you're vaccinated, there is almost a zero percent chance you'll be symptomatic and have the ability to transmit the virus, so why mask up vaccinated individuals? It's ridiculous.

This is the Trump effect in action, where politicians will do a complete 180 given his position. We're at dementia levels of delusion when you tell people to start masking up 3 year olds. Orwellian type stuff, not rooted in any science, any logic, any rationality. I wish I was exaggerating.  I'm thinking that people associate masks with mental fortitude, so it just makes them more comfortable with their insecurities, so they push it on everyone else. I feel sorry for the hypochondriacs that are vaxxed and still masking, a very sad existence to live so fearfully.
1992  Other / Politics & Society / Re: Coronavirus Outbreak on: July 20, 2021, 03:24:13 PM
Dr. Fauci has utter meltdown during congressional testimony today - https://twitter.com/justinbaragona/status/1417501517976899584

What probably happened is this virus was leaked from a lab after irresponsible hygiene and sanitation in workplace conditions, NIH had given money to the Wuhan Virology institute through grants, and Dr. Fauci does not want to the entire world to turn on him and his organization so he dodges any questioning that that remotely suggests dubious funding was given for medical research. It'd be pretty embarrassing to admit that your agency was part of the problem, so we know why Dr. Fauci was so adamant about dismissing the lab leak theory. What a clown.
1993  Other / Politics & Society / Re: [Poll] At what point will you stop complying with Covid restrictions? on: July 20, 2021, 05:58:09 AM
This doesn't really make sense. They reduce transmission of the virus. Without masks, undoubtedly millions more people would have been infected, and thousands more would have died.

Hypothetically speaking:

If you're sick with the rona and you cough a giant loogie, and chunkies of it fly up your grandmother's nostrils and she catches the virus, its because neither of you are wearing masks.

I don't know what metric you're using to establish what "doing something" entails, but simply reducing transmission of virus-containing respiratory droplets definitely counts in my book.

You're talking about symptomatic spread, which I don't dispute masks probably help. I'm talking about masking up if you do not exhibit any symptoms, regardless if you've got the jab or not.

By the way, this is what most virologists were saying back in March -- that it it's useless for the general population to mask up unless you're actively exhibiting symptoms. The guidelines changed when there was speculation about asymptomatic spread, but even to this day, there isn't much evidence that asymptomatic/presymptomatic people act as chief vectors of transmission, there never was. And masks do not protect you from being infected with the virus, they only (allegedly) protect you from transmitting the virus, the CDC even acknowledges as much, and so does Dr. Facui. Masking only protects those around you, not yourself.

We have the data for children, 300 known cases of deaths from Covid of people under 18 in the US, and the data isn't clear what type of other conditions those children had, whether the had extreme obesity, whether they died *from* covid, or they died *with* covid, so on. EU, same story, less than one tenth of one percent of all Covid deaths are from children. You're talking about masking up 3 year olds with the new guidelines, they don't know how to use a mask and those masks will become germ traps. Is there *any* evidence at all which examines mask efficacy in reducing Covid spread in children? Doubt it.

Masks work if you're symptomatic and if you use them properly. For medical professionals, if you touch your mask, you need to replace it because you've now contaminated your hands with whatever is on your mask. Do we expect 3 year olds to not touch their mask? If you sweat in your mask, if you build up mucus and saliva in your mask, you need to replace it immediately because the efficacy goes down. Do we expect children to be able to do this?

The doctors know that children are extremely low risk of Covid, they know masks do nothing for children, and yet here we are.
1994  Other / Politics & Society / Re: [Poll] At what point will you stop complying with Covid restrictions? on: July 19, 2021, 10:13:40 PM
I was okay with masks for about a week until I realize they do absolutely nothing for most people. I happened to see this headline today - https://www.nbcnewyork.com/news/coronavirus/calls-for-renewed-mask-mandate-grow-as-delta-fuels-covid-surge-in-nyc-u-s/3161139

American pediatric association now recommends children, toddlers, above the age of 2 to begin masking up in school. There are something like 300 known cases in the entire US of those under 18 catching Covid and dying from it....there are 74 million minors in the US, so about 0.0004054054 percent of children have died from Covid. Child has a better chance of dying from literally anything else and yet they are masking up toddlers? Purely political, as with most things. No sense in complying with covid restrictions anymore. They aren't rooted in reality.
1995  Other / Politics & Society / Re: Agenda-setting theory on: July 19, 2021, 11:39:50 AM
The MSM is cancerous to the general person's psyche, they begin to worry about things that aren't actually real problems. It's not better to live in ignorance, but I can't figure out the usefulness of staring at a tv box or an online commentator informing you about non-issues, or whatever agenda they think is important.

Wiki link had the origins of agenda setting theory.

Quote
Agenda-setting theory was formally developed by Max McCombs and Donald Shaw in a study on the 1968 American presidential election. Agenda setting is a social science theory; it also attempts to make predictions. The theory also suggests that media has a great influence to their audience by instilling what they should think about, instead of what they actually think. That is, if a news item is covered frequently and prominently, the audience will regard the issue as more important.

...

In the 1968 "Chapel Hill study", McCombs and Shaw demonstrated a strong correlation coefficient (r > .9) between what 100 residents of Chapel Hill, North Carolina thought was the most important election issue and what the local and national news media reported was the most important issue.[10] By comparing the salience of issues in news content with the public's perceptions of the most important election issue, McCombs and Shaw were able to determine the degree to which the media determines public opinion. Since the 1968 study, published in a 1972 edition of Public Opinion Quarterly, more than 400 studies have been published on the agenda-setting function of the mass media, and the theory continues to be regarded as relevant.


Makes sense, but also, do we expect the average political voter to have any idea of the complexity of issues? Even the above average informed voter isn't too well informed about all issues. Who do they turn to? The news.
1996  Other / Politics & Society / Re: US administration is a stupid one around the World - They only focus on war and on: July 17, 2021, 04:52:56 PM
India being the next super power isn't a joke, you know (it may seem like it, but think of the bigger picture). What's Pakistan got to offer? They don't have oil, so the US won't be bringing the tanks any time soon.
1997  Economy / Economics / Re: Higher Inflation Is Here to Stay for Years on: July 17, 2021, 04:10:07 PM
Federal interest rates are going to stay low for years in the US, but I'm convinced that there is no coming back from this. You can't have the world's largest economy uncontrollably print trillions of dollars and short out the labor market with unemployment checks without any repercussions. Paper money supply is too big right now. US is something at like a 5.4 percent inflation rate according to the CPI -- target is about 2 percent yearly (a 2 percent interest rate is healthy, incentivizes spending so people are not holding onto currency, federal banking institutions consider 2 percent to be good for the economy), so on the road to tripling the target range.
1998  Other / Politics & Society / Re: Spain drafts bill: "authorities can temporarily requisition all types of assets" on: July 17, 2021, 03:52:42 PM
This is just the "defense production act" in different words from the looks of it - read about the US's version of this bill here: https://www.fema.gov/disaster/defense-production-act

Basically, in time of natural disasters (ie Covid), the government can force you or your business into compliance for the common good of the nation. Historically this was important during the world wars, where the entire nation's resources needed to be shifted into producing war equipment, but ofc that's not an issue anymore.
1999  Other / Politics & Society / Re: Do you think COVID19 is a scam? on: July 17, 2021, 03:46:02 PM
And boom, just like that, we're back in the same loop.

https://www.cnn.com/2021/07/16/us/los-angeles-county-mask-mandate/index.html

California to reinstate mask mandate, requiring masks for everyone regardless if you're vaccinated or not. Precisely why people are resistant to government control, because it starts out benign and painless, but then government bureaucrats think they know what's in everybody's best interest. There is *no* science at all to support masks post vaccination. We have antibody titer tests which demonstrate ample antibody levels for people that are fully vaxxed, enough to fight any variants in circulation. If someone doesn't get vaccinated, that has no bearing on your own health if you get vaxxed. Upwards of 99% of new Covid cases in localized areas are due to non-vaccinated individuals (keep in mind, the vaccine is 95% effective, so it's overperforming at the current rate). This won't end.
2000  Other / Politics & Society / Re: AFRICA: where did they lose it ? on: July 17, 2021, 01:51:04 AM

tribal africa always had high birth rates. .. but also high deathrates. hense the need for high birth to counter the deaths.
this was not about democracy. this was about modern medicine.. or lack there of
tribes needed warriors/farmers so need to expand. but tribal battles/disease/famine decreased population. hense more births needed

India has the same problem and it usually falls to poor education, poor healthcare, no birth control, and small communities/impoverished villages will pump out as many children as they can. Maybe it's different in modern times but even if Africa gets their population under control, they still don't have a worth wild economy that would ever support African prosperity, and it's not like they have any resources to fall back on (no oil, natural gas, ect.) At most they have pervious metals, and that isn't as profitable.
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