turnip

joined 1 month ago
[–] [email protected] 2 points 15 hours ago* (last edited 15 hours ago)

Strange thing we arent even questioning why someone breaking a law in Canada should have bounties placed on them from a foreign country in the first place, and it seems to set a very scary precedent. If you speak out against the CCP this could be you, as this guy was an influencer while in Canada.

[–] [email protected] 17 points 16 hours ago* (last edited 16 hours ago) (2 children)

I'm happy with doing so just so I can see comments without signing in again. I do believe social media was geting too highly censored, and I dont trust the government to decide what to censor.

But you cant call yourself the "town square of the internet" while hiding things from people you cant monetize.

[–] [email protected] -3 points 19 hours ago* (last edited 19 hours ago)

I am just stating what I think is happening, and what their plans seem to be. Trump has denounced the project 2025 plan, but its from the heritage foundation and yet it talks about implementing a border wall, so its pretty obvious that it is Trumps plan given the absurd ridiculousness of a border wall. It also lines up with what he is doing, Musk and John Kennedy made speeches recently that all countries should remove all barriers to the US if they want the tariffs taken off themselves.

Europe meanwhile has a full policy listed, where they say they will tariff foreign emitters, and then create a "social climate fund" for social goals. As they rush in a CBDC for October to push expiring stimulus and inflation quotas in the guise of carbon quotas to control monetary policy. Canada's PM has already said they intend on signing onto this foreign emitter tariff system as well, and I'm sure other countries will be too.

Maybe you can explain where I am misreading or misunderstanding the situation, I find it interesting and would love additional insight into whats happening globally, we are clearly in an era of upheaval.

[–] [email protected] -4 points 20 hours ago* (last edited 20 hours ago) (2 children)

As far as I've read Europe wants a global carbon credit system that they are rolling out, while Trump is pushing to erode barriers to trade including eroding those climate tariffs. Everyone is now competing in a changing world order where debt is more expensive, due to aging global demographics, and China and Saudi Arabia no longer recycling their profits into US treasuries. Trumps plan seems to be following Milton Friedmans ideology of free trade, low regulation, and stable money supply growth, while the EU attempts to financially repress their citizens via carbon tariffs in order to perform economic central planning.

Europe Plan https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/social-climate-fund_en

USA Plan https://www.documentcloud.org/documents/24088042-project-2025s-mandate-for-leadership-the-conservative-promise/

[–] [email protected] 0 points 21 hours ago* (last edited 21 hours ago)

Well the overton window has shifted so much I'm not sure where any party is. Republicans are the so called conservatives, who happen to love larger deficits than the democrats for economic stimulus, so I'm not sure where that puts any party on a map. I'm just going by the labels most people know them by.

[–] [email protected] 0 points 21 hours ago* (last edited 21 hours ago)

I'd support a ban on advertising in public spaces, but in digital spaces its a bit nonsense given it funds a lot of things people then dont need to pay for.

[–] [email protected] 5 points 23 hours ago* (last edited 22 hours ago)

This is a CBDC that she wants, something they have been talking about for years. Likely they want this because many European countries wont be able to survive higher interest rates caused by aging demographics, as the US high interest rates suck up global liquidity making rolling over debt more expensive.

They will be able to slow inflation using the programmability of the money to prevent you from surpassing your allotted climate credits, as they are already forcing companies to measure their c02 usage in a system called the Corporate Sustainability Reporting Directive (CSRD). They will also be able to increase inflation via issuing expiring stimulus, which would allow them to issue stimulus without worrying about the 18 month lag.

What Europe also wanted was a global climate change system, where they collect tax revenue from carbon credits, which would be charged to foreign emitters. Trump recently front run this with his own tariff system, following project 2025's idea of eliminating all international tariffs. Though countries like Canada are talking about joining Europes climate plan instead, I think all countries will have to decide where to hand the keys to their domestic economic policy.

https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/ets2-buildings-road-transport-and-additional-sectors_en

[–] [email protected] -3 points 1 day ago* (last edited 1 day ago) (1 children)

Central Bank QE skyrocketed asset prices and rents increased dramatically, and higher interest rates need to crash the economy to restore balance. Its all the ebb and flow of monetary policy, which has dramatically misallocated capital via cheap debt.

[–] [email protected] 0 points 1 day ago* (last edited 1 day ago)

Ah, that could very well be true, we really printed a lot of money during Covid. In Canada the government is already buying 50% of all mortgage bonds, inflating the debt people can take in order to juice home prices.

[–] [email protected] 1 points 1 day ago* (last edited 1 day ago) (1 children)

Well if hes following Project 2025, which it seems based on recent comments by Elon Musk, then hes expecting other countries to remove all tariffs first. As you say, chlorinated chicken, but if you dont then you dont get to sell your healthy chickens to America, and all that money you owe thats denominated in USD becomes very hard to acquire.

Maybe the better option is to allow it but to label it with its harmful chemicals, let the free market decide, in a kind of democratic process of people determining their own marginal utility versus budget constraints. You can still buy cigarettes in the UK and Europe as well, so whats a bit of American chicken versus a lifetime of smoking?

 

I have an interest in bitcoin and am trying to understand the supply shrinkage effect on price, Im trying to figure out if somethings new supply halves every 4 years how much does new supply shrink per day, if it is getting progressively smaller?

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