I think it's more the 'karma farming' aspect that the commenter is referring to. Which is a bad thing, because karma farming can be used to make bot accounts look like real accounts.
Luckily for us, this is Lemmy so the advertisers and DIsruptor Nation-States don't really see a good ROI on their time over here. Yay?
My knee-jerk reaction is to agree with you, because it seems like this policy would punish money hoarding and therefore keep money circulating.
Then I thought about what I would do if I had a sudden large influx of expiring cash, and quickly decided on buying illiquid assets (stocks, bonds, property, a couple fast food franchises in an underserved-but-growing area, etc) which is pretty much what the wealthy already do. The World's Richest Manchild doesn't have $300 billion in cold hard cash sitting around, he has maybe a few million in easily-accessible funds and the rest is tied up in investments (that's why he had to borrow so desperately to get the $44 billion to buy twitter - he couldn't quickly cash out his stock investments without cratering their value).
If money expired, the rich would continue to do what they already do - turn their money into long-term investment vehicles. The worst off would be the people who are in the middle - not doing so bad they have to spend every penny they make right away just to stay afloat, but not doing so well that they can invest in illiquid assets (either because they don't have enough left over after the bills are spent to realistically be able to invest or because they need a safety net in case the car needs to be replaced in a hurry or a tree falls through the roof or the hot water heater busts and ruins the floor).
'Expiring wealth' is something that would do society good by forcing the wealthy class to re-invest in their communities and peoples, whereas 'expiring cash' would just hurt those who would otherwise be on a path to being able to retire someday
I assumed most people were spending money to see a doctor, regardless of their insurance status, because insurance almost always requires co-pays. If you are insured, you are (hopefully) paying less to see a doctor than you otherwise would have, but you're usually going to be shelling out money for the doctor's visit either way.
He's not trying to save it. He's simply creating market fluctuations and buying the dip. He creates conditions that cause investors to worry and stock prices to fall, then he buys when the prices are low and finally he announces that the tariffs are being postponed for 90+ days (that is, into the next financial quarter). Stock prices start to rise again and eventually they return to where they started, like it never happened.
In the meantime, people are losing jobs and their houses, but that's a small price to pay to make him and his inner circle wealthier.
Instead of the TV-B-Gone, there should be a TV-1-Channel-Up device that just changes the channel. If the TV in the doctor's office turns off, it will get noticed by the reception desk and probably be turned back on in a few minutes. If the TV is on a different channel, the desk is much less likely to notice any time soon (at least not before you've been called back into the exam room).
It's Jhonen's. From 'Johnny the Homicidal Maniac'. This bit pops into my head at least a few times a year, and has since about 2002 or so when I first read it.
That son's name is 'Gabriel', in case anyone is curious. I don't know any of the people involved, I can just tell because the name is insufficiently blacked out.
Not sure why the name was even blacked out, though. All we can tell from the picture is that someone has a husband and a son and a real hardon for the Bible. The son's name is Gabriel and was born in 2022 or earlier, probably in America. That's not enough information to even remotely be able to identify someone.
In the AI-generated meme up there. It's right there, I don't know how you could miss it.
/s
I think it's more the 'karma farming' aspect that the commenter is referring to. Which is a bad thing, because karma farming can be used to make bot accounts look like real accounts.
Luckily for us, this is Lemmy so the advertisers and DIsruptor Nation-States don't really see a good ROI on their time over here. Yay?
'Dying in the apocalypse' is my retirement plan, soooo....
Solitaire it is!
And 'Mansions of Madness: 2E', I guess
This is from the newspaper owned by a Russian oligarch, right? Or am I thinking of a different 'Independent'?
The White House is trying to troll people on BlueSky? The platform famous for having a 'block and move on' ethos?!
I guess new BlueSky users will take the bait, but old users will just shake their heads, hit the 'block' button and get on with their lives
You can link directly to the wikipedia article about malicious prosecution. You don't need to bring Google into this.
We call those 'weekends' here in the US, and we are lucky to have them! /s
I learned three things in physics:
B) Cows can be assumed to be spherical
III) Everything exists as a point mass. The Earth is a point mass, electrons are point masses, the aforementioned spherical cows are point masses....
An r of 1.3mm or less will make it so you are more attractive than the moon!
My knee-jerk reaction is to agree with you, because it seems like this policy would punish money hoarding and therefore keep money circulating.
Then I thought about what I would do if I had a sudden large influx of expiring cash, and quickly decided on buying illiquid assets (stocks, bonds, property, a couple fast food franchises in an underserved-but-growing area, etc) which is pretty much what the wealthy already do. The World's Richest Manchild doesn't have $300 billion in cold hard cash sitting around, he has maybe a few million in easily-accessible funds and the rest is tied up in investments (that's why he had to borrow so desperately to get the $44 billion to buy twitter - he couldn't quickly cash out his stock investments without cratering their value).
If money expired, the rich would continue to do what they already do - turn their money into long-term investment vehicles. The worst off would be the people who are in the middle - not doing so bad they have to spend every penny they make right away just to stay afloat, but not doing so well that they can invest in illiquid assets (either because they don't have enough left over after the bills are spent to realistically be able to invest or because they need a safety net in case the car needs to be replaced in a hurry or a tree falls through the roof or the hot water heater busts and ruins the floor).
'Expiring wealth' is something that would do society good by forcing the wealthy class to re-invest in their communities and peoples, whereas 'expiring cash' would just hurt those who would otherwise be on a path to being able to retire someday
I assumed most people were spending money to see a doctor, regardless of their insurance status, because insurance almost always requires co-pays. If you are insured, you are (hopefully) paying less to see a doctor than you otherwise would have, but you're usually going to be shelling out money for the doctor's visit either way.
He's not trying to save it. He's simply creating market fluctuations and buying the dip. He creates conditions that cause investors to worry and stock prices to fall, then he buys when the prices are low and finally he announces that the tariffs are being postponed for 90+ days (that is, into the next financial quarter). Stock prices start to rise again and eventually they return to where they started, like it never happened.
In the meantime, people are losing jobs and their houses, but that's a small price to pay to make him and his inner circle wealthier.
Instead of the TV-B-Gone, there should be a TV-1-Channel-Up device that just changes the channel. If the TV in the doctor's office turns off, it will get noticed by the reception desk and probably be turned back on in a few minutes. If the TV is on a different channel, the desk is much less likely to notice any time soon (at least not before you've been called back into the exam room).
It's Jhonen's. From 'Johnny the Homicidal Maniac'. This bit pops into my head at least a few times a year, and has since about 2002 or so when I first read it.
Mark is the generally-recognized first Gospel to be written, from which Matthew and Luke get some of their material
love this. nice job :)
Hang on to that $22.76 USD for a little while and you'll be surprised how much stock it will buy!
That son's name is 'Gabriel', in case anyone is curious. I don't know any of the people involved, I can just tell because the name is insufficiently blacked out.
Not sure why the name was even blacked out, though. All we can tell from the picture is that someone has a husband and a son and a real hardon for the Bible. The son's name is Gabriel and was born in 2022 or earlier, probably in America. That's not enough information to even remotely be able to identify someone.