TawdryPorker
I honestly wonder who was pushing this nonsense.
So, there’s this pair of cunts called the Koch brothers. They have a business that extracts shale gas by fracking and then turns it into plastics for the US domestic market. They’ve done very well out of this business and out of fossil fuels in general.
Somewhat predictably they’re right wing shitheads. They seem to be behind a lot of the bollocks in the Anglosphere at the minute. The distribution network seems to be that they fund various think tanks including a few of the Tufton Street metastasis and also fund Steve Bannon, Turning Point USA and Turning Point UK.
The goal is to keep them and their dynasty on top.
Once the money gets to the UK, usually through Turning Point UK, it funds efforts to distort people’s thinking using social media.
Fifteen minute cities encourage walking and so if people can leave their cars behind that’s one of the major use cases for fossil fuels reduced. Can’t be having that.
Another thing to note is that downvotes are, in effect, public. One hopes that this will have a chilling effect upon individuals and groups who have been gaming the karma/visibility system over on reddit for years.
US once again threatening jihadis with a good time. Anyone else read the news story about how the Taliban fighters are all depressed to find themselves as civil servants? That’s how to deter people.
There’s a lot of people who don’t like the label fascism but just fucking love what fascism does. I think the problem is that a lot of people don’t understand how complex the world is and fascism always tells them that their stupid, lazy thinking is correct. Universal suffrage is the only way to that democracy can work in this day and age and I would literally fight to save it… but boy does it come with some downsides.
Yes, this is true but you also have to factor in the marginal propensity to consume, or in plain English, the poorer you are the more of your income you have to spend on necessities like rent or groceries.
There are always high interest investments available to people with a large amounts of spare cash floating about even when inflation is low.
If your rent + utilities + food = your income then you ain’t hoarding money even in a deflationary spiral.
This is because inflation isn’t a bug it’s a feature.
Anything that transfers wealth up the chain, from working class to middle class and from middle class to upper class, is a feature of the western economic system.
For example, in England and Wales the Bank of England is charged with keeping inflation at a target of around two per cent. This means that the pound in a workers pocket is supposed to devalue. The advantage is that the government borrows money in its own currency so inflation means that its debt goes down (in real terms) when inflation goes up.