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Joined
2 yr. ago

  • Not always, but often, yes. It depends on what your alternative potential uses for the money are.

  • Paying that large of a chunk of a mortgage would absolutely reduce your future interest costs though.

  • Yeah. This is definitely what I would call "the cool zone".

    In the moments between bouts of existential dread, I am at the edge of my seat!

  • Fascism is not exactly sustainable. If not the people or the military, he is bound to piss off someone close to him enough to betray him eventually.

    The issue is how many lives will be lost in the process.

  • You hit the nail on the head with that one.

  • Well duh, but fascism is only good for the extremely wealthy and i don't remember a time in history where fascists just listened to the working class.

  • Yeah i was thinking it's awfully stupid (good for the people) of him to arm the proletariat...

  • Definitely a fun philosophical and semantic thought experiment!

  • Yes exactly. This is why I find it funny when they use two different, yet contradictory reasons to justify the sin tax:

    • it prevents people from using it because they'll choose not to use it (the thing they're addicted to) if it gets too expensive; and,
    • the demand is very inelastic which means the government will make more revenue

    When really they're primarily taxing the things poor people are addicted to.

    Idk, I'm generalizing, I'm just kind of pointing out how a lot of the supports capitalism rests on are weird little opaque excuses to convince the masses that exploitation is what's best for us

    So many economists are stuck in a box of what our society has been, they can't think past our current rules and regulations to what could be, because they think that the rules and trends they learn in school are the only possibility, or that profit must be king.

  • I wonder whether it has changed in the last 16 years

  • Yes but this works a non-zero part of the time

  • Fair enough, but it does help for telephone companies in my experience

  • Definitely not. The rules behind supply and demand hinge on some extremely flimsy assumptions, namely:

    • that people always act in their own best interest (they fucking don't)
    • that people can actually choose not to buy the product

    For things like food, housing, medicine, etc. People don't get the luxury of voting with their wallets, and this is why the free market cannot allocate resources effectively.

    Just because I went to school for economics does not mean I am a free market capitalist. I'm definitely not.

  • To be fair i was being hyperbolic. Money has the power we give it. And we gave it too much.

    We print money through increasing interest rates, increasing divide between rich and poor requiring the working class to take out loan after loan after loan.

    Some may say interest is the cost of borrowing money, but it is money value that comes out of nothing, it's made out of thin air and reduces the value of our dollar.

  • This is what happens when your population is educated about history, and when your country has a history of resistance.

  • Welp I'm glad I'm Canadian. We have a pretty solid history with the French.