That’s one part of the equation. The other is that for a currency to be viable for global trade you have to kill your domestic production, British Empire did something similar around 1840 (although it was agriculture then). There may yet be some unexpected benefits to US downscaling from a global power to a regional one. Whomever steps up to take this role will face similar dilemmas and compromises that those empires had to.
Mastodon: @misk@pol.social
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Opinions exclusively of my own and of voices in my head.
Autism, communism, arthitism, cannabism.
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misk@sopuli.xyzto Games@sh.itjust.works•Statement on Stop Killing Games - VIDEOGAMES EUROPEEnglish29·22 hours agoPrivate servers are not always a viable alternative option for players as the protections we put in place to secure players’ data, remove illegal content, and combat unsafe community content would not exist and would leave rights holders liable. In addition, many titles are designed from the ground-up to be online-only; in effect, these proposals would curtail developer choice by making these video games prohibitively expensive to create.
I’m cool with not designing games to be online-only from ground up. Your concern was noted, video game lobby.
Dunno, the most prosperous time for the US was when it was manufacturing things. Probably has something to do with 90% tax rate on the wealthiest though too. Either way, neoliberalism taught people that they can only count on themselves so if some people voted against status quo it could have been that things weren’t that good for them.
Sure, just saying that it’s not black and white. Economics and fiscal policy have been drenched in political ideologies but they’re just tools. Some people might think that if they had well paying manufacturing jobs they’d be afford to buy that expensive domestically produced stuff. American fiscal policy since the 70s has thrown people in manufacturing under the bus (under the guidance of both parties) so it’s natural there’d be some knee-jerk reaction in form of Trump eventually.
That’s the thing though–if they can create more at any time, why bother “borrowing” in the first place?
Tying up economies of debt issuer and debt holder seems to be the reason for the US. For debt holder it’s a fairly safe way to park money but also exert some power over US if they’re big enough. Realistically what Ben Bernake is saying in that interview is that you could replace one with the other depending on circumstances but that actually threatens capital holders hence why it’s not done like that.
Deflating USD internationally is good for exports though and that seems to be in line with what Trump is promising, no?
United States doesn’t buy USD using Euro, they do it with adding account balances on computers.
Borrowing in an asset that you create at any desired amount (and allowed private entities to do so as well) seems fairly safe. Sleep safe, United Statians.
misk@sopuli.xyzOPto Games@sh.itjust.works•Valve conquered PC gaming. What comes next?English1·2 days agoYou made it sound like they had 100+ full time employees specifically („payroll”) but it could also mean they paid €1 bounties to 101 people. I know they subcontracted Proton to CodeWeavers (~50 people) who have been working on Wine for ~20 years by then.
misk@sopuli.xyzto PieFed Meta@piefed.social•Lemmy engage with you in meaningful conversation4·2 days agoYou might enjoy Tildes more than what’s on Threadiverse. Let me know if you want an invite.
misk@sopuli.xyzOPto Games@sh.itjust.works•Valve conquered PC gaming. What comes next?English31·2 days agoHow much money did Valve put in? Where do those 100+ devs come from?
Improperly redacted documents from the initial Wolfire case — later hidden — indicated that Valve had only 336 staff in 2021, with just 79 of them working on Steam. We’ve remade it using data reported contemporaneously:
Fediverse does everything I require out of social media. Functionality of threadiverse is mostly there and getting better (Piefed will probably replace Lemmy as the go-to eventually), apps are better. Mastodon / microblogging was always good enough for communicating with real people, it’s when you’re an influencer you run into limitations but who cares about that. Maybe there aren’t that many people that are into this and that’s okay because we’re not a corporation that needs to report quarterly growth forever.
misk@sopuli.xyzto Patient Gamers@sh.itjust.works•Zelda BotW vs TotK - which one should I buy?English7·5 days agoApologies for my scatterbrain. In that case I’d go with BotW because it’s shorter/focused (others will say it’s too minimalist) and you’ll get to experience a modern Zelda game. Also, if you don’t own Switch 2 it runs good enough while TotK was just a bit too much for Switch 1.
misk@sopuli.xyzto Patient Gamers@sh.itjust.works•Zelda BotW vs TotK - which one should I buy?English191·5 days agoTotK is better in every way but BotW is once in a lifetime experience due to how contemplative it can be. You’re not going to play both at the same time and they benefit from playing in order. If you’re low on cash buy some used copy of BotW off someone on Vinted* and sell on Vinted once done, then do TotK.
* or Craiglist or OLX or whatever is used locally where you live
There are plenty of right wing pro-EU parties in Europe but they call themselves centrist or liberal. They don’t care for vulnerable groups of people but are pro big business and therefore pro-EU.
misk@sopuli.xyzto Fedibridge@lemmy.dbzer0.com•PieFed solves a lot of the issues new users haveEnglish17·5 days agoPiefed support in Voyager is pretty rough right now, recommending it might do more harm than good.
misk@sopuli.xyzto Fedibridge@lemmy.dbzer0.com•Post on r/50501 about reddit silently censoring/shadowbanning people.English46·7 days agoSo, I wouldn’t take anyone at their word here. Reddit shadowbans people for ban evasion or vote manipulation usually. Reddit doesn’t have to play favourites when for people involved it might just be the first time breaking Reddit ToS and now they’re surprised that there’s some moderation there at all given how lenient Reddit is on some things.
I can see plenty of people on the anti-Trump side advocate violence and destruction of property which while a noble goal is just stupid to do on a corporate platform that is legally liable for this. You could have done this ages ago and be on your 5th account when ban evasion filter catches you.
The other thing is that when you think you’re saving the world coordinating upvote/downvotes seems innocent enough but Reddit is pretty good at catching that and 50501 are likely amateurs in the world of manipulating Reddit. Far right has been at this way longer and got pretty good at skirting the rules and avoiding traps, hence this might appear that Reddit allows them to do anything.
misk@sopuli.xyzto Europe@lemmy.dbzer0.com•Thousands protest Bulgaria's euro adoption and call for a referendum1·7 days agoIt’s very counterproductive to do this. As said, Russian propaganda is clever and doesn’t need to invent new issues, just finds ones that resonate with people. If we start going around saying something people want is wrong because there’s some connection to Russia and leave the issue unresolved, people will start voting for the only alternative they have - pro-Russia parties.
Not everything empire does is evil of course but the main takeaway to what Trump is doing is liberals crying about losing that empire and I have the smallest violin to play because US was not behaving responsibly in that role. In my country that US influence can be seen via US media selecting their chosen neoliberal party and going hard with supporting them, with ruinous results as expected. Too bad it’s done mostly via WB Discovery (USAID too but to a lesser extent) so that’s going to continue for the foreseeable future.