Tariffs are the opposite of a "free market" measure and absolutely choke an interconnected economy. Look at the damage done to Cuba or North Korea by sanctions, it's the same principle. Getting to the real meat of why this is happening is like a forensic case study. Doesn't even benefit Trump unless he basically immediately reverses it and gives the old "see they capitulated to my demands" based on whatever random thing he dredges up.
That's not infinite. Bitcoin is just one of many participants in the wider currency market. The bet of people speculating on Bitcoin is that its market share in the market will continue to grow. So the absolute upper limit of its valuation is basically that of the global currency market. In more practical/realistic terms, it has technical constraints as-is that limit its use as a day-to-day currency, which limit it to a lower point, since other currencies have to be used for small transactions, and hence, have to take some other portion of the global currency market. And so on.
Not exactly gambling. Rather, the market is trying to anticipate and calculate these shifts in valuation. Individual participants may try to catch it early to get a good deal. Many will fail, including buying at a bad deal. People will get caught up in hype because it's a novel invention as opposed to some same-for-same replacement. That's just the price determination mechanism. Currency shifts, and market adjustments in general, are messy. Any time one currency dies, there's a flight to others.
Disclaimer: I have zero Bitcoin. Also this is just explaining mechanisms, not justifying or supporting them.
The theory behind capitalism doesn't require infinite growth. A society could have continual "profit" based on the use of renewable resources. The explanation for why we're constantly expanding our exploitation of the planet is a little more complex than just an inherent trait of the economic system. That's kind of a nasty oversimplification that people apply.
Real answer? All political systems are designed by us and can be discarded by us. Law is just a mandate for society enforced at the point of a gun. Under normal (non-US) circumstances, using our system, you could run impeachment through Congress, but Congress and the federal judiciary are completely corrupt and in on the same agenda. As a society we can just stop using this system - the only deciding factor is military and police force being on our side or theirs. That's why the military is such a rigid hierarchy, to try to make it an impossibility for the rule of this government to topple. But all social systems have human free will as their greatest flaw. Be prepared to explain to MAGAs and gun nuts how Trump is implementing Maoist totalitarianism with capitalist overtones, and how the government is the most un-American thing of all. This is a game of changing minds, which is how division among the people sowed the collapse of the society.
Huge red flag, using "centrist" to apply to anyone who criticizes both political parties. Lot of those people identify as "leftists" with Democrats to their "right". It's an really grotesque America-centric framing that makes it sound like any position outside of the genocidal American mainstream is automatically wrong, and any bipartisan critique is just lazy indecisiveness. As if every systemic critique of this country is wrong. As if you ever even bothered to think critically about the entire system yourself, or what better possibilities are out there. I think that's what they call a "thought-terminating cliche". Your mind hasn't gone there, but you'll attack anyone whose mind has. Really disgraceful behavior.
Trump also confirmed he had instructed the military to resume shipments of 2,000-pound bombs to Israel, which had been paused over concerns about civilian casualties.
Biden sent 14,000 of those bombs as of July last year. Enough to kill roughly a million people in a concentrated enough area. Some critical context you missed in your framing of the situation.
West Bank ethnic cleansing
Has been ongoing at this increased pace for about a year. Are you just hearing about it now?
You guys truly struggle with this. Both of them are complicit in the genocide. Stop trying to make one of them look good just because you identify more with him.
And no, I do not agree with Maalus's take just because I'm under his comment arguing with you.
I asked what specifically you had an issue with, and gave three possibilities. Which one are you saying no to? This screams "evasion" that you just say "no" and then start in with a bunch of vague platitudes. You won't even pin down what you're saying. Speak up.
So, being that’s the reality we live in, I can determine that the situation is INFINITELY better off in the hands of one party than the other.
Genocide is not infinitely better than genocide. It is actually delusional to think that a political system comprised of two parties which have a near-total consensus on committing genocide are operating independently. You can frame this as a "tough choice adults have to make" as much as you want, but the fact that you have no coherent explanation about why this is happening shows you're just playing games instead of facing reality.
I also voted for that party because I’m not a moron single issue voter and I know there’s a lot else at stake right here at home.
Again - genocide is not a "single issue". It shows that on the spectrum of morality, a politician is at absolute zero. Pure evil. It negates every other stance they supposedly have, because it proves that they value absolutely nothing except their own benefit. If you can sacrifice millions of humans, you are an absolute devil. If you vote for someone like that, no much how much anguish you supposedly subject yourself to while you're doing it, you're a fool and a useful idiot at best, and as evil as the politician at worst. And back to the point of "the parties are not actually independent", this speaks only to you failing to understand that voting for either of these parties sacrifices everything that's at stake. It is the public shooting itself in the foot and thinking they're being strategic.
This is exactly why I don't respect you - you're talking about everything but the GENOCIDE.
Stop responding to me. You're not "humbling" me, I'm disgusted by you. Your complete moral failure here is enough before you start adding on the condescension, which you then go and accuse me of in return.
I wish this site had a working block feature like reddit. Some of these people just need to be cut out of responding. "Hide their messages endlessly taunting you and dancing around the point even after you've left" is not the same.
What point? A personal attack and a nitpick about hyphenation? Is that the substance of your argument in defense of people who voted for mass murderers?
This is exactly what we're talking about when we say Democrats are obsessed with "respectability politics" and don't give a fuck about morality. What the fuck is the point of your message? All you're doing is asserting superiority. You're not saying anything. Just don't even reply, be silent.
Are you seriously disagreeing with the assessment of Biden committing (or being complicit in, potato potatoh) genocide? Or is it only talking about it that you have a problem with? Or making the assessment that it makes a politician unsuitable to hold office? In my not-completely-fucked-in-the-head reality, that's pretty much the sane take.
I am getting pretty sweary these days, getting really tired of pseudointellectual Americans whitewashing their genocidal government. On Lemmy no less, which is supposed to be a refuge from the state propaganda outlet Reddit turned into, but no, you all had to come here and ruin this too. And shout out to the mods who erase key messages from those discussions, because having an authentic, emotionally charged, organic discussion about America's responsibility for genocide is apparently too much for people to handle.
Educated people can make their own judgment without you coloring in their reality for them, thanks.
Vote anyone else in an election like this one, you’re an idiot. The 3rd party candidate with the most votes only got half of a single percent of the total votes. In other words, no 3rd party candidate had even the whisper of a chance of winning.
We had this thread last week. I personally spent days laying out every single detail of American empire and oligarchy and how the two-party mechanic is used to mindfuck the public into compliance. Turned out people on your side were completely wrong. Can you just go back and read those threads instead of starting the same fucking argument all over again.
edit: Like me or my position or not, the point remains - why are we endlessly starting the same conversation over from scratch when we already had it?
Tariffs are the opposite of a "free market" measure and absolutely choke an interconnected economy. Look at the damage done to Cuba or North Korea by sanctions, it's the same principle. Getting to the real meat of why this is happening is like a forensic case study. Doesn't even benefit Trump unless he basically immediately reverses it and gives the old "see they capitulated to my demands" based on whatever random thing he dredges up.