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Cake day: January 8th, 2024

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  • My favorite paper published last year includes the following, now scientifically proven statements:

    The preponderance of the evidence shows that rising income inequality slows economic growth [3], [4], [5], [6]. Recent analyses have shown that once one controls for wealth inequality the negative effect of income inequality on economic growth falls away as statistically insignificant, and that it has in fact been wealth inequality that has been detrimental to growth either in an inverse linear form or in the form of an inverse u-shape À la Kuznets [7], [8], [9], [10].

    https://www.sciencedirect.com/science/article/pii/S003801212400003X

    So economically speaking, Econ math just proved that we need to eat the rich in order to improve anything.

    From the same paper above:

    From a policy perspective, the ongoing increase in the concentration of wealth is one of the main socio-economic failures of our time [1]. Not only is it likely to depress economic growth in some countries, as we measure here, it has fueled social unrest, political polarization, and populist nationalism… redistributing wealth from the rich to the poor may well be growth-enhancing in most countries


  • The only thing funny about the Laffer curve is how little it now matters.

    It was used to justify Reagnomics, which then immediately proved we weren’t nearly as high on the Laffer curve as we assumed. Because of this, we have concrete evidence that lowering taxes on the rich doesn’t increase government revenues.

    Yet we’re still doing that 50 years later. Despite the only vaguely scientific thing behind it proving it doesn’t work decades ago.

    Imagine being in a catholic family, reading the Bible, and always walking away thinking that Judas did the right thing (despite everything else the Bible says). That’s US economic policy for the last 50 years.



  • We do. It’s called Crypto. That’s all the digital Euro is. The problem is: through propaganda every American has been taught to hate crypto the same as democracy, socialism, and themselves.

    Because those things would dramatically make American life better if they actually learned about them and implemented any of it correctly. Instead, most Americans convince themselves they know enough from social media about Crypto to down vote me.

    Capitalism works because of the entrenched banking and fed system. Crypto doesn’t use any of that, and can’t be captured. That’s why Europe is adopting it. It’s less fraudulent than the current system that let’s you 2008 mortgage crisis anything you want with no repurcussion.

    We could be using it too. But that scares the people with all the money in this corrupt system, so they use a lot of that money to convince you Crypto is for crime, while ignoring all the dollars used by drug and human trafficking cartels.

    Bitcoin has risen in value from 2009 to now more than any other asset on the planet. Yet most here have been taught to believe that’s from crime instead of utility.

    Europe isn’t quite that propaganda’d yet, so is adopting this tech first, and like the Euro with definitley be the first to benefit from it.







  • Imo, it’s what having a shit load of money does to people’s brains.

    If you have a lot of it for long enough, you tend to think you deserve it/are important. But if your actions are shit because you are inherently neither of those things, then it creates some painful cognitive dissonance. And when you have that much money, not much is uncomfortable except what’s on your conscious. So specifically: You have money, but people don’t seem to like what you do with it, and that bothers you literally more than anything else (as all other problems of yours have been solved with money).

    So instead of figuring out ways to use your money productively, you just go find others that won’t judge you for spending it all on what you like. But that goes both ways, as this group WILL judge you for not liking what THEY like to spend all their money on selfishly.

    And what they like, is to be selfish - to build a bigger dick shaped rocket than anyone else who has the money to do the same. So, in order to keep the selfish assholes liking you, you complement them for being one while being ignorant that you are now the same.

    The world gets a bunch of dick rockets that do nothing for it. And everyone who spends money selfishly feels they’re doing the right thing.

    Basically, any societal pressure to spend money productively for the benefit of everyone can now just be suplanted by greedy peer pressure to exploit society for more dick rockets.

    Emotionally, building dick rockets is now the only thing that makes these people feel they deserve their wealth. So at the end of their lives, they will do EVERYTHING in their power to finish their dick rocket masterpiece, as to them, it is directly tied to the legacy they’re leaving behind.

    Without ever realizing their legacy is just another waste of billions that could have benefited humanity though being used in almost any other way. They’ve tied their own worth and self image to dick rocket building without realizing not a single other person benefits from or cares about dick rockets.

    Europe is Putins Dick Rocket. Trump is McConnells Dick Rocket. Exploiting the stock market is Pelosi’s Dick Rocket etc.

    In the pursuit of their own happiness, they reject any notion of charity in favor of more greed. Because they’ve never realized that their money doesn’t make them happy, it’s what they do with it that does. Instead of reaching that realization, they’ve instead tricked themselves into believing using money to make Dick Rockets could somehow make them happier than the social good-will basic charity always provides.






  • Not to be pedantic, but neither Automatic Transmission Fluid nor Data Encryption Algorithms have any kind of jurisdiction in any country on the planet. Op provided enough context clues to understand the country they’re talking about.

    The only crime they committed is not including three words in a bracket to say “everywhere (in the US)” while still mentioning the jurisdiction of the three letter agencies in that country.

    Is it US centralism thinking? Sure. But it’s not like OP left out all the necessary info to determine where and what they were talking about. Not to mention their entire post is a joke with a clear punchline. I don’t think anyone here is too stupid to understand the use of “jurisdiction” in OPs message, or the punchline it leads to, so why are you pretending to be that way to make a point? It simply weakens your point.

    Imo there are much better places and comments to point out US exceptionalism BS than a throw away joke with enough context clues to understand it.