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Comment Re:Shadow banking. (Score 0) 23

We were on the gold standard in the mid-1870's, when we had a financial crisis.

You haven't heard of the greenback then.

We were on the gold standard when the Great Depression hit.

Sort of, but not really, especially after 1913. Paper currency already existed, and the debt-based monetary system had already been set in motion. You must borrow more to repay. Great Britain dragged the US into the depression. They inflated the GBP during World War I and a few years later tried to deflate it to its pre-war values. That caused a schism that the US was kind enough to try to support and caused a huge imbalance in gold flows across the pond.

Never read the story of the Midas touch, have you.?

Never read history much, have you?

Comment Re:I hope he's jim nitti (poperatzo) (Score 2) 265

AmiMoJo is right. Fukushima literally happened because they cut corners on the seawall and even then that wouldn't have been a problem if they hadn't also cut corners on on site generators. Why the hell do you think I became anti nuke? It's because everything that happened with Fukushima all of which are verifiable facts show that we as a species are not capable or responsible enough for nuclear power. It's got nothing to do with technical and everything to do with social but that doesn't mean we get to pretend social problems aren't real.

This is the problem with fucking nerds they want to believe they can solve every problem with science and technology and math. I guess it comes with the territory but you'd think we'd be old enough by now to know that doesn't work anymore. We're not fucking college kids any longer we've seen enough shit to know better.

And I don't give a flying fucks rats ass how many people in their 60s and 70s die of lung cancer from coal. When you talk about Coal being unsafe that's where you're getting your statistics whether you know it or not. I'd rather be dead in my sixties then homeless in my fifties. As for climate change if you really cared about that you'd be pushing wind and solar because if we don't have the money for wind and solar we sure as fuck don't have it for nuclear.

Honestly though I don't think you really want to solve these problems I think you just want to pretend you can. You don't actually want to make the systemic changes needed to solve these problems so you want a phony solution that you never actually have to implement. Just like Elon Musk and his fucking hyperloop.

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