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Joined 2 years ago
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Cake day: June 16th, 2023

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  • Yes, inequality is increasing in the US.

    But I don’t really get how that relates. Anyway, may point is that if you bracket the tax at high enough incomes, maybe not even a 99% marginal tax rate will suffice for making rich people move away. Those people are rich, they don’t care about spending some money to live where they want.

    The same is not true about the poor, by the way. It’s easy to tax them so much that they leave.

    And Laffer focusing his work on the rich was the cheapest and most plain sell-out on the academic history.



  • The amount changes all the time, and depends on what you define “money” as.

    Almost every country (every one on the WTO) publishes monthly volumes. Here’s the one for the US if you consider that money is cash and the contents of all the bank accounts:

    https://fred.stlouisfed.org/series/M1SL

    That “M1” is a standard definition, that is easy to search for any country.

    If you start to add things like credit card balances and government papers that can be used in most large transaction, you arrive at the other definitions. There’s a wiki page for them:

    https://en.wikipedia.org/wiki/Money_supply

    The M1 to M3 set is an international standard, but many countries add other definitions to their publications.

    EDIT:

    And of course, I didn’t tell how the amount changes.

    Each kind of money changes by its own particular process, that is actually quite obvious once you think of money that way.

    Cash is printed by the government, and destroyed mostly by it too (but some times by accident). It’s a form of government debit.

    Bank deposits are created when banks make loans (that is, they get somebody’s money and give to another person, but still keeping the first person’s money on their account), and destroyed when the loan id paid back.

    Credit card debit is created when people buy stuff on credit, and destroyed when they pay it back.

    And so on.


  • marcos@lemmy.worldtoScience Memes@mander.xyzShut up science!!
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    1 day ago

    When people say they “believe” in science, I think they mean they are putting their faith into the scientists performing the science. That whatever conclusion they come to after an experiment or study is the correct conclusion.

    That’s literally what they mean, where “scientists” may as easily mean real scientists as charlatans.

    It’s still completely antagonistic to how science is practiced (if scientists behaved like that, they would never learn anything), and something closer to religion than science.



  • marcos@lemmy.worldtoScience Memes@mander.xyzBread mold
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    2 days ago

    That’s a conversation I’ve had more than once with my parents:

    – Doing X is fine! Everybody did it in my time and we grew up just fine!

    – Didn’t that friend of yours die because of it?

    – Yeah, but he’s only a single person, and everybody did X…






  • Yes, I’m not doing almost any of the things we do at work in my network.

    I’m absolutely not running the same software. I’m not organizing the information the same way. I’m not using the same infrastructure abstraction, and even less configuring it in any similar way. I’m not writing the same languages.

    The work environment is dictated by consensus between many people, with varying expertise, and weighted by how much work one is willing to put into each aspect of it. Each of those parts lead to bad tech, even though they lead to good people organization.



  • marcos@lemmy.worldtomemes@lemmy.worldFactual btw
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    3 days ago

    You have some of the world’s cheapest electricity wholesale. You also have a huge variance in prices to end-user, with the people that complain on the internet being among the most expensive in the world… because, of course, people that get cheaper prices don’t complain.

    Also, yes, electricity in Germany is expensive as fuck.