Right when we literally need to chill, they keep inventing nonsense that is somehow worse. Crypto is literally just machines wasting energy on purpose to create false scarcity, it was already a worst case scenario for truly pointless excess emissions but by god, they managed to top it, this place is going to be a raisin with dead oceans.
Of course, anyone who does anything less than suck the dick of this AI is a reactionary ignorant peasant, at least with crypto everyone agreed it was lame, now we’re back to the iPhone fuck-you-only-change-allowed-keep-up-granny bullshit that lead to everyone but you knowing everything about you, so they can exploit and even criminalize the behavior your phone tells them about. Never the change we need, though. Just whatever makes your stupid line go up.
I guess. Glad I’m not having kids. That’s the only fucking downward pressure on future emissions that’s happening, on any meaningful scale. I can’t wait to see what sort of shitty boilerplate copy and fake fucking pictures makes all this CO2 worthwhile. I’m sure the problem is me, and my Luddite, unseasoned irrational fear.
The main task of the ECB is to maintain price stability. The ECB’s Governing Council considers that price stability is best maintained by aiming for 2% over the medium term.
Price stability creates conditions for more stable economic growth
I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
That’s a myth spread by modern monetary theorists because they only understand the economy from an inflationary perspective. Economies worked fine for millennia without inflationary money.
I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
Right when we literally need to chill, they keep inventing nonsense that is somehow worse. Crypto is literally just machines wasting energy on purpose to create false scarcity, it was already a worst case scenario for truly pointless excess emissions but by god, they managed to top it, this place is going to be a raisin with dead oceans.
Of course, anyone who does anything less than suck the dick of this AI is a reactionary ignorant peasant, at least with crypto everyone agreed it was lame, now we’re back to the iPhone fuck-you-only-change-allowed-keep-up-granny bullshit that lead to everyone but you knowing everything about you, so they can exploit and even criminalize the behavior your phone tells them about. Never the change we need, though. Just whatever makes your stupid line go up.
I guess. Glad I’m not having kids. That’s the only fucking downward pressure on future emissions that’s happening, on any meaningful scale. I can’t wait to see what sort of shitty boilerplate copy and fake fucking pictures makes all this CO2 worthwhile. I’m sure the problem is me, and my Luddite, unseasoned irrational fear.
A monetary system that is designed to lead to eternal, cancerous growth through intentionally inflating the money supply is far worse.
I’d love to see any evidence or logical arguments that an inflationary economy is worse than a deflationary one.
Don’t you understand that artificially induced unlimited growth is bad? It’s not about inflation or deflation, but the outcome.
https://www.ecb.europa.eu/mopo/strategy/pricestab/html/index.en.html
I mean, I don’t disagree with you on that. I didn’t think your first comment quite conveyed this nuance, and deflationary economies are terrible for everyone.
That’s a myth spread by modern monetary theorists because they only understand the economy from an inflationary perspective. Economies worked fine for millennia without inflationary money.
I don’t think local economies from millennia ago are similar enough to compare to modern global economies with our current population boom. I think we could for sure have a different approach if our population was stable or decreasing.
That means until the early 1900s or 1970s when inflation went into overdrive.
Huh what?
What a wide window, but I’d like to point out that the baby boomers generation happened right around this time.
Fertility rates and total population numbers are not the same thing.