Gold standard isn't an odd choice, it was used for many thousands of years. It's just odd today because no countries still use it.
And while a Bitcoin standard sounds crazy, if you lived in Argentina, you'd probably rather keep your savings in Bitcoin (despite all its problems) than in the peso.
She has one thing going for her though, she doesn't seem to be an active threat to democracy. Specific policy disagreements can be worked out over time, but lose self governance and it's hard to get back
Since taking office Dec. 10, Milei devalued the peso 54% and eliminated price controls on hundreds of everyday consumer products, reversing the policies imposed by former Economy Minister Sergio Massa, who ran against him for president. The libertarian leader also halted runaway money-printing that had flared up during the presidential campaign.
It seems like this guy is making the right decisions here. Seems like he's ripping off the bandaid for a problem that previous administrations had created. We'll see if he can right the ship.
developers have figured out it's more profitable to build fewer expensive properties than a large number of affordable ones
You're right about this part, but you need to ask why is this the case. It's due to (among other things) over regulation and a stifling of home building.
Most cities in North America make it very expensive and difficult to build. Zoning laws means there are only a few places they can build densely, and red tape increases the cost of building. This has caused a huge mismatch of supply and demand for housing in cities. So of course in that environment, what is most profitable is to cater to the wealthy.
If developers could build faster than demand was growing, they would satisfy the wealthy demands and then move on to less profitable middle and lower income housing.
This is how all markets work in this context. Electric cars were initially only made for the wealthy, because those sales were the only ones that could be profitable for the emerging technology. Now that the tech has improved and the wealthy demand is satisfied, it has come down to middle class prices
I think his rationale is to take away monetary control from future administrations, which I think is a laudable goal. Argentina should be the richest country in South America, but its people keep getting robbed by the printing press. I wonder if going to a gold standard (or if they feel like rolling the dice, a Bitcoin standard) would be a better option.
(Cue the anti-crypto arguments because I mentioned Bitcoin)
I think most of the crazy lawmakers are not actually crazy. You probably need to be quite intelligent to make it through all the hoops to get elected to congress. It's an act that they know gets them attention on social media, but on issues that aren't partisan they can actually act like adults
So what about all the people who are being fucked over by not having access to affordable housing?
Someone always gets screwed when policy is changed, we should make our decisions based on if the policy is better for collective flourishing in the long run
I'm not a big fan of karma either, I definitely don't want to see it baked into the core protocol. However with this implementation, it doesn't seem to harmful as most users won't have it.
I would also love to see some experimentation with different methods of assigning karma on the fediverse. The Community Notes algorithm from twitter is very interesting as it boosts answers that have support across many groups of users. It's an attempt to encourage answers that reach across divides, instead of ones that foster echo chambers.
I use Brave an don't understand the hate it gets. Seems like a good alternative to Chrome if you don't like ads. Can someone fill me in on where the hate comes from?
Edit: The people downvoting this comment instead of having a discussion are really winning me over to their side /s
I joined lemmy back in June but slowly returned to reddit. Now I'm back on lemmy because I've noticed the huge surge in political rage baiting (likely by bad actors) on reddit. Lemmy is just nicer!
It's worth noting that this is not being done for environmental reasons (more half of all coal pollution comes from China), but for strategic reasons as China has limited access to oil near it's borders.
Sounds like we need to push Signal in Afghanistan!