@belugatooth.bsky.social
One of my crankiest opinions that I nevertheless sincerely hold is that secular inflation over a long enough period of time will lead to a host of economic and social psychological pathologies due to the loss of durable absolute expectations for prices and costs.
Even if people aren't eating chart for dinner, it probably feels that way because they're paying off their dead mom's hospital bills and now Fido's puking blood and the car's making a weird noise and AI might take everyone's job and people act like we should be grateful because TVs are cheaper now.
i'm increasingly coming around to the idea that while the rate of price change matters, so much of this is just "number big and the Right price is when Number Small!!" - i.e. it's mostly an objection to the fact the nominal price is high even if the purchasing power is okay.
for reasons that only make sense if you're insane, a TPUSA kid complaining about burrito costs on xitter has the GOP's biggest divas going for each other's throats.
Federal lawsuit alleges kids are being repatriated despite many of them qualifying to remain in the US legally
Trump administration targets children amid push to ‘deport at all costs’
theguardian.com
I can’t find the post but there’s that one post about how tech CEOs keep announcing they’ve invented a robot that can have sex with your wife so you can get back to the things you love like mowing the lawn
We're post-scarcity on glassware (the glass often costs less than the drink in it) and its cool to see exactly why.
they're doing this to me tomorrow
it's over, i've already depicted you as weak anti-New Deal bankers and me as the Chad FDR
These kinds of claims are weaponized against victims of abuse all the time, including in court. And they completely ignore how many women behave when under threat. Women are socialized from birth to preserve community ties, to protect and defend the family unit. Their survival often depends on it.
Rep. Max Miller: "My former wife has claimed that during a custody exchange at my home that day, I assaulted her…If I had assaulted her, would she have offered to cook me dinner six days later?"
Barry Eichengreen: Bottom line is that Washington, fearing the consequences for US financial markets, is reluctant to see foreign central banks use their dollar reserves. This is telling us that the dollar is not the attractive reserve currency it once was. www.ft.com/content/86db...
The real message in the yen intervention
The dollar’s status as a reserve currency is not what it used to be
ft.com
In the US at least I think a left-winger can do it, but they need a pretty strong mandate and need to be coming into power when things are already fucked, so that it disguises the transition a bit, gives people a sense of “doing something about all the problems”
a running theory i have is that only right-wingers can really capitalize on MMT primarily because left-wingers will get hit by the electorate for not being credible enough
i do find it funny the one political group that found MMT and Kelton convincing was uh the Japanese LDP
the City of Boise's increasingly aggressive campaign against the state's repeated attempt to ban pride flags flown by cities is extremely funny
i have never seen a higher density of pride flags than in Boise
so yeah i think “this land was made for you and me” is a better vibe and tact than “beloved holidays are problematic” but i guess time will tell!
Mike Rogers wants us divided. But there is so much more that unites us than sets us apart. The power is ours. This land was made for you and me.
This is correct. Germany's role in the EU is *highly* distortionary, because it reaps the benefits of a common currency (which does not appreciate as much as it should when Germany runs trade surpluses) while also wielding a big stick in Brussels.
this seems sort of similar to Germany within the EU to me
China (and before it, Japan) is similar but on an even more behemoth scale. You cannot have a world economy where everyone runs trade surpluses, and no one has discovered a method of development that *doesn't* stem from export booms.
It's really tiresome seeing endless Catholic editorials about how "young people" want "authentic" Catholicism and then just completely unconsciously conflate "authenticity" with the luxury beliefs and religious hobbies of materially comfortable right-wingers
This time James Bond is played by four different actors, who all have no idea the others are also playing James Bond
James Bond producer shares update on 007 casting: ‘It’s got to be really different’
Universal healthcare is a wildly popular centrist position. It is also a pro business position as it boosts labor market dynamism and removes what for most firms is a non core operation and cost. Asking how it will be paid for in a system as rife w/ inefficiencies as the US sort of misses the point
Abbas' grandmother in Lebanon had her home destroyed by an Israeli airstrike this year. (Photo from the Alawieh social media team)
Instead of meeting with Epstein survivors, what did Todd Blanche do? He rushed to Ghislaine Maxwell’s prison cell, and then she got transferred to a cushier prison camp. This is not justice. It is corruption of a system meant to protect the most vulnerable.
every single fucking still from that goddamn podcast looks like a tim robinson sketch
We have to go deeper
remember the “Trump getting fairly dogshit primary results in 2024” pointed to *something* that didn’t happen
regardless of which candidate you support I really hate this bit where pundits pretend being electable in a primary makes you electable in the general election just ask senators Hershel Walker, Blake Masters, Todd Akin, Richard Mourdock, and Sharron Angle how that worked out for them
So, uh, a candidate who suspended his campaign a month ago is winning a landslide against a Trump endorsed candidate because of anti-Muslim prejudice against a guy who is not Muslim (and I guess probably also just regular racism). How often does a candidate who suspended their campaign win?
Seems like an upset might be brewing in the GOP primary in #MI08 to take on Dem Rep. Kristen McDonald Rivet. Trump endorsed Amir Hassan, but he currently trails an absolute nobody who suspended his campaign a month ago by a wide margin.
Following the initial airport shutdown, a DHL cargo plane departing the area collided in mid-air at 400 meters with a suspected second drone, sustaining front-end damage before safely diverting and landing in Hannover, prompting a joint state security and sabotage investigation. - BILD