I'm pretty sure the guy on the bus was Nick Szabo, but I'm not quite sure. It happened so long ago.
Yes, I didn't really understand it until the pandemic inflation.
Yeah. Some guy on a bus told me about it and I thought it sounded crazy. I couldn't understand why people would want fake internet money.
There is a lot of antisemitism on here. Is there a way to block anyone who mentions Israel?
Japan must be pretty terrible if nobody wants to have kids. The Japanese economy has dire problems.
Most people can't even afford a regular car
Adam Smith would be shocked by todays economy. There is no invisible hand, the government just picks winners and losers.
A crack-up boom is an economic crisis that involves a recession in the real economy and a collapse of the monetary system due to continual credit expansion and resulting in unsustainable, rapid price increases.
People don't care about social issues, they care about material issues. We live in a material world, and people need stuff to live. They need shelter, food, water, companionship, oxygen, etc. Without this stuff, people can't live.
If the left actually gave a fuck about blue collar workers, then maybe people wouldn't be siding with the fascists
Political divisions are being caused by resentment between white collar workers and blue collar workers
The government taxes the poor with consumption taxes, and gives subsidies to big corporations
Taxing the poor to pay for social programs is why people hate the left. Government spending only hurts the poor.
Capitalists make profit through exploitation. They exploit workers, the government, consumers, and the environment. They are not required to share their profits. All profit is exploitation, and capitalism is a zero-sum game.