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Comment Re:The real reason they hate inflation (Score 1) 148

Wages rise much lower than profits for multiple policy choices; if wages grew higher than inflation, that would be fine... for most. The issue is that with the CB coming up heads, they can speculate and inflate nonsense, tails, and they can "get ahead" of expected price rises with explicit and implicit market power, and hopefully for them, take advantage of a higher unemployment downturn.

Except, (in the US) mortgages are fixed and supply issues keep improving, while workers are fighting back, so they can't even manufacture a crisis. The rest of the world, relying on the dollar for some supposed stability, not so much.

Comment Re:What is going to do about it? (Score 1) 148

They don't, at all. Banks don't need to loan by getting new reserves, but the rate of new reserves allow the CB to set the price and influence inflation. And if you set the price of commodity, you can't control the quantity.

Besides which, the quantity isn't the velocity in the first place, so they can't even pretend to have a time window. The mythical Phillips line (that doesn't even get to be a curve) certainly ain't it.

Comment The person you hate made a great point (Score 2) 149

Fuck Meta, but they are absolutely correct about the government's job, even if not far enough. If you're going to rely on a private for-profit company to do a public service, you are unfit for governing, beholden by stupid, crumbling ideology that can never save itself from the crisis it creates.
Fund newspapers and manage the emergency communication services, or get out of the way.

Comment The desktop itself is dead (Score 1, Insightful) 108

There will never be a "year of the desktop", because the desktop is dead. The reality is that such a large percentage of the population use mobile devices for the majority of their interactions that whatever happens on the desktop is irrelevant. I find it bizarre because the mobile experience is so abysmal compared to a proper desktop. But I've never understood the mainstream, and I guess this is just another example of that.
User Journal

Journal Journal: Farewell, part II :-( 9

It seems right to post this here, where it all started. Farewell, ~jawtheshark.

Comment Re:Voting strategy from Scott Adams (Score 1) 138

The right to abortion is a downstream right of bodily autonomy, granted by the constitution under the word "liberty". It's right there in the preamble, not even an amendment. You don't have to get deep into the document to find it.

You have a right, as a citizen, to do what you want with your body, so long as it doesn't violate the rights of another citizen. The unborn are not citizens. They're not even people, as they have no long term memory capability or ability of rational thought.

It's pretty clear. It's the same reason you can't be forced to donate a kidney even though you have two, even to save the life of the President.

I guess I'm just real confused as to why you think it's not covered by the constitution. Do you really believe the only rights granted by the constitution are those specifically named? Because, oh buddy, you'd have a real bad time if that were truly the case.

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