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davel [he/him]
davel [he/him] @ davel @lemmygrad.ml
Posts
9
Comments
166
Joined
2 yr. ago

  • The thing is, registrations are usually in yearly chunks, and the domain was originally registered on 2021-01-12.

    I suspect their DNS account was compromised.

    Edit to add: Maybe it did expire a month ago, and there was a one month grace period that expired today.

  • It could be bots that troll for high-traffic sites. It could be anti-trans fascists bidding against each other to put up the most heinous shit on the site. Who knows?

  • ā€œ9D 22H Leftā€ to the auction, which means that unless the domain’s loss can be quickly & miraculously unwound somehow, the domain will be unavailable for at least that long, even if a good Samaritan were to win the auction.

  • Active bidding war going on rn šŸ’€

    I hope it’s not too difficult to change the domain name of a Lemmy instance!

  • On first impression it looks like it shouldn’t expire until 2026-01-12.

  • I suppose so! Half the things Hexbears post makes for a left unity Onion.

  • I use the analogy so often: USians blissfully unaware of being life-long Death Star passengers.

  • FAFO aside, this couldn’t happen to nicer finance industry ghouls šŸ”ŽšŸŽ»

    Edit to add: Dollars to donuts the US government prints money to make them whole.

  • It can if they spend enough of it without taxing any of it back out. However the relationship between the money injected into the economy and inflation is not as inevitable, mechanical, nor 1:1 as neoclassical economists claim. Finding the Money explains this a bit.

    Another common trope is ā€œhyperinflation,ā€ which the PEGS Institute also dispels: What Caused Hyperinflation In Weimar, Zimbabwe And Venezuela?

  • China is just like the US in that it has fiat monetary sovereignty, so it can always pay any debt denominated in its own currency by simply willing it into existence. The deficit is simply sum total of money the state has created via spending minus the money it has destroyed via taxation. If it has significant debt in other countries’ currencies, that’s another matter, but I don’t think it has that problem.

    • Western chauvanists prefer Western chauvanist explanations, wanting cognitive ease over cognitive dissonance.
    • Capitalists never want proletarians to see AESes states or methods in a favorable light.
    • Decades of effort and billions of dollars were invested to make neoclassical economics hegemonic to the point where there is no alternative. Crowding out classical economics’ progression to Marxian economics was no accident.
    • Cold War II
  • (but the press will tell you it is only because of cheap subsidy).

    And that’s before we get to how state run healthcare & higher education, affordable housing, public transportation, and on & on lower the cost of labor.