I made it to the first sentence before I got pissed off.

America’s top 1% enjoy a fifth of the economy’s income and pay nearly a third of its federal taxes.

If there was one guy and he had all the wealth, he would have the highest income by far (else he would not have all the wealth), he would be paying 100% of federal taxes. And these baby brain quacks would be saying he’s already taxed too much. A large percentage of tax being paid by very few is a sign of extreme wealth inequality. And if you tax him very heavily, eventually the percentage of federal taxes paid by him would go down. That is good. That is wealth inequality being reduced. And these baby brain quacks would say the tax isn’t even working because he’s paying less tax over time.

I am merely going after the rich because I want them to be miserable and suffer for what they have done to society and the planet, and I don’t really care about the budget or the economy.

No Pizza Hut? What is this, gommunism?

You would have to pay me a lot more than $100k to get me to choose the American healthcare system.

Charlie Wilson’s War is horseshit about how amerikkka successfully backed the Taliban in the 80s against the commies. And at the end it says we gotta build the schools and industry or Afghanistan might be a problem for us in the future. The very stuff the soviets were advising the Afghan government on.

Amerikkka was founded on slavery and indigenous genocide and has overthrown every government in this hemisphere, some multiple times plus like a hundred other countries too.

I shall do it more then.

This is the most obvious thing I’ve ever read. Men drive the biggest trucks. They’ve got nothing in their garages and never haul anything with their trucks. This is masculinity. Caring about the environment is obviously not compatible.

I’m turning into a crypto gold bug. Don’t get me wrong, the gold standard is stupid as fuck but here they are arguing that everything is fine because food inflation is actually lower than wage inflation. Just don’t look at housing prices or gold prices over the last few years. Inflation is clearly always higher than they claim.

What produced these gains is not mysterious. Better seeds, fertilizers, machinery, transport, refrigeration, packaging, inventory management and data systems all raise agricultural productivity. Competition in retailing and global trade further push producers to deliver more nutrition for each hour of work on the demand side. The result shows up not only in fuller supermarket shelves but in long-run trends in wages, prices and time prices.

So food should be getting cheaper then? Well, yes they argue that, in a sense, food is getting cheaper. Just not literally cheaper. No wonder nobody has any savings. No wonder everyone’s in debt. I don’t think capitalism could survive true price stability with the rate of profit of being as low as it is. Marx apparently never realized how fake the economy could get.

I genuinely wonder how he thinks history will view him sometimes.

If the source is Tim Pool, I don’t believe it.

He’s fired

It this was dot com bubble into the housing crash, the spike would be that high every day and that’s before adjusting for inflation. Around October 2008, the federal reserve switched to outright quantitative easing, which is better viewed here, and the amount dwarves this.

https://fred.stlouisfed.org/series/WALCL

$6.5 trillion and trending down vs about $30 billion spike in repurchase agreements. I don’t think this is significant.

Yes, they are like aliens. They have no frame of reference to understand how a normal proletarian lives and they don’t need to. Yet for a proletarian, understanding how these aliens think helps explain much of our own lives.

There’s one single dollar in the entire US economy and it’s being borrowed and loaned out 35 trillion times.

Socialism is when the government does stuff, and when it does a lot of stuff, that’s communism.

Wait till they see how old and shitty my car is.

This guy is happy?

I’m still on Windows 10 for my main computer but I will be jumping ship before I ever switch to 11. I’ve been using Linux off and on for years but it’s time to never look back.