“Old man bad. His alternative not worse.”
Are u a secret Republican or something?
“Old man bad. His alternative not worse.”
Are u a secret Republican or something?
THANK YOU. It’s that fkin simple.
Biden = old, senile liberal alright with a little bit of genocide.
Trump = Hitler
I wonder what the right choice is here… /s
But NOOOOO both sides both sides lalalaa can’t hear you both sides lalalaa /s
Did that happen here, or are you projecting that onto others?
If by “here”, u mean lemmy, then yes. They were hexbear ppl.
As for supporting cooperatives, you’d be a Market Socialist, so not a Communist, but not really liberal either.
Socialism is the transitory state to communism. I believe in the communist utopia and I believe that this cooperative kind of market socialism will lead us there.
As for the question of Reform or Revolution, it’s pretty clear by this point that Reform might as well be impossible.
I would disagree there. I would love to explain why, but I’m really tired right now to type much stuff out. Ik it’s a cop out. I’m sorry.
As such, the majority of Socialists are Revolutionary, so you have more fringe views.
Eh… Most socialists where I’m from have such views. MLs are in fact the rarity in my experience offline.
I got called a liberal for wanting to support cooperatives. I got called a liberal for not wanting to participate in an armed socialist revolution.
I’ve largely seen the word “liberal” being used by tankies to dismiss the opinions of all people that they disagree with.
Eh just block the tankie instances. That problem goes away quickly!
Not the person u replied to.
Of course I like criticising actual liberals. I just don’t like criticising socialists who don’t like to go the tankie way whom u call liberals.
I’m a scientist, not an economist
I’m neither lmao. We just had a macroecon credit in my degree program, which is where I learnt about this.
Halp!
Now onto this… You’re kinda right but kinda wrong in that fractional reserve banking “creates money”. Here’s a way to think about putting your money in a bank. By opening a bank account, you are not putting your money in a vault. You are loaning it to the bank. The bank then loans it out to another person, who then “loans” it to another bank. Hence, fractional reserve banking is a natural side effect of this logic. What would happen if we had a 100% fractional reserve? Well, the bank wouldn’t be able to loan your money to anyone then. It would essentially become a vault.
Therefore, fractional reserve banking is necessary to make loaning money possible. Loaning money is necessary for obvious reasons.
Now to the “creating money” part. Sure, at the macro scale, you get a lot of virtual money in the economy. At the micro level though, individual banks aren’t creating money. They still have to get the money that they’ve lent out back. If they fail to do so, they’re going to go bankrupt. Banks would never go bankrupt if they could print money on a micro scale, right?
Okay, so now let’s zoom out back at the macro scale. Now, you can accelerate or decelerate the economy by controlling the ratio of money that is in circulation vs money that is out of circulation. It’s simple- more money in economy = more demand = more profits = more investments in increasing supply to be competitive = more work done. If this demand however drops, profits drop, and increase in supply drops. This is very bad as no work will be done. However, if demand increases too much for essential goods (like food, housing, etc.), it is bad as it can cause problems for people till the supply can catch up. The economy is going too fast in such cases.
Now, you can slow the economy down by many ways- by increasing interest rates, increases the fractional reserve and so on. This way, less people are going to borrow (you just reduced demand by this simple technique). You now reduced demand in your economy and slowed it down. The opposite can be done to speed the economy up.
Choosing to wear my favourite color to school isn’t “brand indoctrination”. It is called being a free individual. If parents can refuse to buy their kids non essential, unaffordable electronics they can refuse to buy them fast fashion branded clothing. The solution to capitalism being shit isn’t simply eliminating choice.
I am not Swedish, but I would like to join you in the procedure of vomiting at the idea.
Nothing like making the masses complacent since childhood by controlling nonessential fashion choices.
(´;︵;`)
My bf thinks I am…
It’s a little more complicated than that. Without fractional reserve banking, the economy would be more difficult to control. I would recommend a quick macroecon video or something.
I myself took quite a while to really understand why this was legal even during my macroecon credit. It actually makes sense when you think about it.
I have never experienced any of this. Have you only been in cars that have been made after 2015 or something?
Not rlly. Perhaps I just get motion sick more easily.
Last point is moot because with even the slightest amount of care, food doesn’t drop into the car. Unless you are trying to scarf onion rings while flying down the interstate, I don’t see any of this ever happening.
I have no idea what kind of a millimeter precise mouth u have, but like… Uk, crumbs n stuff get everywhere, sauce may get on ur fingers, some veggies may fall off n stuff like that. I’m not exactly a messy eater too. It’s just… Disgusting… It’s like eating food in bed for instance.
Yeah yeah, I’m just sharing what I like to do lol. Not attacking anyone here
I would rather sit on a rock or something outside rather being in my car.
Eating food in cars is just something I find to be SO REPULSIVE.
Oooo so this is future Florida where women wear Christian Hijabs
Correct. Although I’m saying that Biden is less awful than his alternative.