queermunist she/her

Not printing money is also bad for existing money. Deflation is a very bad thing.

It’s supply and demand, and supply creates its own demand. That’s why the US economy grew so fast and became the reserve currency after it got off of the gold standard, it no longer had to be constrained by the limitations of gold and could just print whatever it needed. As long as there is demand, the supply can grow. When the supply grows, demand grows with it.

You can’t just print infinite money, but it’s a lot looser than you seem to think. There’s plenty of money left.

They just hate their citizens and want them to suffer.

The US prints money, that’s not how it works.

Filled with icky worms.

_{Or "for what it’s worth", but I like mine better.}

They’ve never been witty, they’ve been playing on easy mode since the end of WWII and now the tutorial level is over.

It’s complicated. Only a few companies can afford to pay out bribes to avoid lawsuits, which means they’d effectively be destroying all of their competition in exchange. Bluesky and Lemmy can’t afford to pay their way out of lawsuits, after all. This would be a handy win for total monopolization of the internet under only a few companies, even if it might also be expensive.

On top of that they were starting down the barrel of FTC for monopoly practices, I wouldn’t be surprised if there was some kind of backroom deal with the government here. Maybe if the tech companies allow Section 230 to be repealed and for age-verification laws to pass, the government doesn’t force their companies to be broken up in antitrust actions.

I have no idea what is going to happen.

If the news were that it was being amended to make carve outs for businesses who pay an amount of money, then I would be more inclined to agree.

But the news is that it would be repealed entirely.

Functionally, every law has a carve out for businesses who pay an amount of money.

You literally didn’t say it was wrong.

And they aren’t amending it. They’re repealing it. The internet is going to be destroyed, and you’re wishcasting about something irrelevant that isn’t on the table. I think we should probably focus on how absolutely fucking horrible a repeal would be.

What stops them from using this to destroy the fediverse? Every instance will be liable for every single thing that gets hosted on the server. All they need to do is have a patsy post some illegal content and now the instance can be taken to court.

For me it was Microsoft’s support for genocide in Palestine.

You want to support that?

I’ll maybe start pacing around, but I can do this shit all day.

It’s an ADHD thing, I think.

Doesn’t work, I’ll just daydream.

I’d be concerned that any phone company that works with Israel might modify their phones to explode.

That’s basically true, but I think capitalism would overthrow direct democracy.

People would vote for higher wages and then there’d be a coup.

Fascism is actually a descendent ideology from settler-colonialism, the Nazis were inspired by the US.

When I was younger it seemed politics were more rational and cruelty never seemed to be the point of doing nothing.

The cruelty was outside our borders. The rational, reasonable debate was for domestic issues. Foreigners got the bullet.

As the empire collapses the cruelty turns inwards i.e. fascism.

I think the AI bubble is actually a deeper, more structural data bubble. There isn’t actually a case for profitability, they’re just doing it out of investor demands and inertia and because That’s Just How We Do Things.

wtf is it? A raccoon?

The US has had three different distinct Red Scares, and before those it had a wave of white terror that defeated Reconstruction.

So, yes, this keeps happening. We’re just living during one acute part of a longer cycle.

Heaven forbid you talk to anyone outside your echo chamber lol

Wow. You actually believe them when they tell you they want to protect children. That’s fascinating.