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    Yesterday, 04:38 PM
    Funny how you never hear about inactive shooters...
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    Yesterday, 01:25 PM
    Hopefully, I'll be able to watch that one more than once... :tears:
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    Yesterday, 11:08 AM
    Here's a whopper from Business Insider: BI: CEOs bragged for months about how they could charge higher prices. Customers are now pushing back. Now, this is a tired old trope that has been around forever and the media will never tire of using it, any more than soap operas will ever tire of using infidelity as a pretext for murder. It's "a story" and that's why it plays, and it will always sell copy (or clicks) and writers will always use it. But it has no substance or rationale whatsoever. Let's start with the idea of CEO's bragging. It doesn't even make sense. Why would a CEO brag about raising the price, why wouldn't they just raise the price? Surely, if they have so much power over their customers, they would just wield it, instead of threatening to wield it. So the headline is self-refuting in that sense. But there is a deeper popular economic fallacy that the headline is playing to. Because it is so plausible to our story-telling brains, I suppose that every fresh generation of humans will be duped by this fallacy until they grow up enough to learn better. This is the fallacy of "price-setting". The idea of "price-setting" is the idea that businesses "just choose" what price they will sell items at. "Hmm, how much will I charge for milk this week? I know, I'll charge $6!" The problem with the idea that the grocer sits in his office and just dreams up numbers to stick on items is that it ignores the fact that customers are highly responsive to prices. Raise the price just 10% and customers will notice, and they will respond by purchasing fewer of that item. Some customers who would have bought two, will buy only one, and some customers who would have bought one, will forego it completely. Or, they will walk a few blocks to the next grocery market it and buy it there. And so on.
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    05-21-2022, 10:30 PM
    ClaytonB replied to a thread Toxic femininity in Open Discussion
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    05-21-2022, 09:15 PM
    That Maher routine is pure gold. On the point that kids are stupid, just browse the KidsAreFingStupid sub-reddit and ask yourself whether any entity capable of making the kinds of absolutely mindless decisions featured there on a daily basis should be "deciding" to cut off their own body parts for non-medical reasons... it's obvious. This isn't about "kid's rights", it's about groomers trying slide into base and get legal cover to screw kids under the pretext of "trans children" rights. "We just want to protect their right to decide." You mean to "decide" to be groomed by you?! Because that's not a decision, that's victimization.
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    05-21-2022, 06:55 PM
    ClaytonB replied to a thread Toxic femininity in Open Discussion
    NSFW language
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    05-21-2022, 05:46 PM
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    05-21-2022, 05:42 PM
    I wasn't a fan of the "The People's Convoy" name. Whether the organizers realize it or not, anything named "The People's _____" is code-speak for Marxist control. PLA = People's Liberation Army. Etc. So a name-change would be a good thing.
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    05-21-2022, 05:27 PM
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    05-21-2022, 09:24 AM
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    05-21-2022, 08:44 AM
    (a) This is a primary reason that global foreign influence in US domestic politics is so keen on launching a nationwide gun-grab (b) This is why we need to end DC corruption through non-revolutionary channels. The moment we are forced to go to war with our own national capital is the moment the Chinese troops will land on the beaches of the West coast. You can't simultaneously fight a revolution against your capital and pick off Chinese troops while hiding behind every blade of grass... Think!!
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    05-21-2022, 08:20 AM
    ^^^ THIS IS THE CORRECT ANSWER
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    05-20-2022, 11:43 PM
    In the end, it will prove to be a paper tiger. But it's truly impossible to exaggerate the ambition and sweep of their plans and preparation.
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    05-20-2022, 03:50 PM
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    05-19-2022, 10:17 PM
    :fire:... (NSFW) Why you runnin'? What's the matter, it's just little ol' me?
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    05-19-2022, 08:50 PM
    Like it or not, sometimes, this is the only music that is appropriate for Clown World... NSFW
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    05-19-2022, 03:31 PM
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    05-18-2022, 11:29 PM
    "Remember, you wanted this"
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    05-18-2022, 11:06 PM
    Family household -> communism Community -> mutualism Pastoral nation -> feudalism Industrial nation -> capitalism I'm not "advocating" for any of these -isms but, rather, asserting that they are -- to a rough first-approximation -- descriptive of human organization at the given scales. The key word is "scale". You cannot have an industrialized nation that is not capitalist. You can take away the capitalism and "glide" for a little while in the illusion that you are still an industrial nation (mainly by just plundering the capital stock and handing it out to your political buddies) but you will very shortly no longer be industrialized. And to whatever extent you are able to keep industrialization afloat for the duration, it is only by acting out a living contradiction whereby you practice capitalism with your hands and feet, but deny it with your mouths. Which is what the Soviets did for many decades. Too often, we discuss economy as though it's something that "we decide". As though we can "decide" whether to be this kind of economy or that kind of economy. On paper, sure, you can decide you are the Man in the Moon and that the Moon is made of green cheese. But that doesn't make it so. Rather, the structure of an economy emerges from the people that make it up. Yes, political actors have an enormous sway in the make-up and structure of the economy, but it is crucial to keep in mind that they cannot actually determine what sort of economy will pertain. This is just as true of a totalitarian dictatorship like North Korea as it is of the US. Even Kim Jong Un cannot simply wave a wand in Pyongyang and transform the North Korean economy. Rather, the constraints of the economy press upon all actors equally -- including political actors. What we're really always talking about in code-speak when the topic of "the economy" arises, is seizing the assets of some, and reassigning those assets to others. (Also, slavery. But that's another topic to itself.) The idea is supposed to be that, if the political czar just had enough power of unilateral correction, he or she would be able to "set things right" and "keep the machine in balance." But the machine was already balanced to begin with. There is no need to correct the number of egg-laying hens in the economy or to increase rubber production by fiat. Such measures are always disguised as an attempt to "fix" something that's "wrong" in the economy, but underneath all the layers of excuses and flimsy rationales, there is only ever one, omnipresent motive: the czar redistributing assets from political outcasts to political favorites and pocketing a handsome handler's fee along the way (often, just seizing the whole jackpot as a fee.) All the heady talk of social welfare, the general good, "from each according to ability to each according to need", and so on, is nothing more than verbal camouflage for armed robbery.
    1 replies | 132 view(s)
  • ClaytonB's Avatar
    05-18-2022, 04:12 PM
    The proof-of-stake systems are riding parasitically on Bitcoin. Proof-of-work isn't about the ledger entries themselves (which can be thought of like any other database)... it's about the entire network stack. PoW acts like a secure, distributed lottery for the transaction fees and mining reward (payout) and this lottery abstracts away all the detailed considerations of how to secure the network down to a single criterion: the competition to dial a winning combination and add a block to the blockchain (and garner the payout.) One way that the Bitcoin network has been described: it is the world's most powerful spam-filter. In a world of endless digital spam/noise/hacks/scams/etc., having a supremely powerful spam-filter is valuable in its own right. It clears away all the BS noise and lays open a clear, single-source record of a monetary ledger that can be read and written by anyone (following the rules of the network protocol, of course.) As of 2022, the only known way to do that without a central trusted source on a distributed, peer-to-peer network... is proof-of-work. Don't count Bitcoin out yet.
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  • ClaytonB's Avatar
    05-18-2022, 12:36 PM
    :up:
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