Viewing profile — cloudinshape
cloudinshape
HN member- Joined
- Mon, Nov 30, 2020, 6:00 PM UTC
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- 20 items
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About cloudinshape
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Recent public activity
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Comment #25410609
I know these discussions always end up in worker vs owner debates, but what I'm talking here is about the nation. Factories will need to adjust their prices, now you take that as y…
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Comment #25410535
> How does this harm a working class American that derives all of their income from working wages as opposed to assets? Their wage-dollars will now buy less stuff. > Cite and examp…
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Comment #25409935
Banning foreign investment will force them to dump dollars and treasury bonds and will accelerate the development of an alternative to it for international trade. But I guess since…
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Comment #25409726
The reason foreign real estate investment is so high is because the dollar is the reserve currency of the world, and since those countries produce so much they have a huge excess o…
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Comment #25409557
Which is exactly the problem: wealth inequality can't be solved by fixing wages. Asian or "factory" countries (not necessarily from Asia but for illustration) have an "artificially…
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Comment #25409360
You have to square the circle. Wages in the US are artificially high because of the dollar's position, but the US needs to either a) match the wages of the countries producing simi…
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Comment #25359790
Probably a lot. Now that he's not there other willing people will have the chance to apply to those subsidies aware of the new regulations and the change in direction the state is …
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Comment #25327682
Why do you feel so much the need to blame someone else?
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Comment #25327421
Because the government will not always be on your side, as 2020 demonstrated so well what many peoples outside the US have know from experience for decades.
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Comment #25327406
10 years of debatable so-called-crimes with crypto VS at least 5000 years of wars, crimes and corruption with gold and government money...which side are we supposed to be on?
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Comment #25327363
The end of the gold standard in the 70s meant the US could "afford" to fight infinite wars by just printing dollars and passing the real cost to the rest of the world, that is why …
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Comment #25327251
Not true at all. People, and state economists, have confused inflation and deflation so much for their propaganda that right now is almost imposible to have a discussion around it …
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Comment #25260427
> Bernie Madoff doesn't get to print his own currency, you see why that's different right? You know who does though? Tether. As I said, you don’t understand money. Currency is not …
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Comment #25259393
> I actually addressed all this. No, you repeated propaganda that told you to think you did, but as with the rest of your “points”, too many lols very little substance. > that’s wh…
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Comment #25259164
> If economic growth outpaces debt growth then it does not ever have to be paid back. Bernie Maddoff said the same thing. He also tried to create a perpetual motion machine. > Cana…
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Comment #25257930
> Those things got cheaper because of advances in supply chains and technology. That is why things get cheaper all the time, yes. > Why in the world would I ever loan to a small bu…
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Comment #25257630
> You take your fiat and you invest it and nothing you say below the first paragraph matters. If only. The problematic part of a fiat system is not that is fiat, but that is in the…
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Comment #25257510
> why spend something now when you can spend less for the same thing later That is nonsense. Sadly by repeating it enough people have started to actually believe it, and repeat it …
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Comment #25257255
> An inflationary currency incentivises you to invest it, otherwise you lose real purchasing power. With a deflationary currency, you can just stuff it anywhere and see gains. You …
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Comment #25257008
Bitcoin is perhaps the most important project we'll see in our lifetimes. The liberation of the most important asset in a capitalist society, money, from the tragedy that has been …