Viewing profile — jazzyk

No, it is really "competition" (banks compete for my money) vs "monopoly" (no other option than the government). The assumption that CBDC is a good idea because the government is a…

I actually did, a few months ago. In my state, out of the 10 non gun-carrying people killed by the cops in the past 10 years, 2-3 were Black, 5 were White, the rest Hispanic and 1 …

The left-leaning bias is not limited to just "news". It is also very much present in various tech and fashion/style publications - check out Ars Technica and GQ as examples. Both o…

Life is not fair and not a bed of roses, never will be. These experiences make you tougher - in adult life, you will run into toxic bosses, colleagues, brutal job interviewers... I…

Words can break hearts when they come from a loved one, or someone you look up to. Why would what some random person says break your heart?

The Fed want inflation to diminish (in real terms) the mountains of debt the US government and consumers incurred in the past 20 years. At the expense of the poorest people and sav…

Pearson had a 50% stake, most of which was sold to the Agnellis. So now, the Agnellis and the Rotschilds are the largest (and, together, controlling) shareholders. Board members li…

Perhaps more like globalist/corporatist, which reflects their recent ownership? In 2015, Pearson - a publishing company - sold its controlling stake to a bunch of corporate owners,…

They were only petitioning for early elections - in case Covid restrictions were not immediately removed . Not unconditionally. Petitioning for early elections (even if impossible …

So they tried to "overthrow the government" by filing a petition to call for early elections? That's quite a stretch...

> to overthrow the elected government of Canada This is a serious claim, and one that I have not seen coming from the protesters (they want an end to the Covid mandates, from what …

You missed my point entirely - which is: Increased expenses that others occur now due to inflation, will - sooner or later - affect you. The fact that something (temporarily) does …

You are lucky, then. For me, electricity, gas, and, above all, real-estate taxes went up easily 10% (or more). And while you don't have to buy/rent a house right now, your plumber …

Since we can only pick one -> "Animal Farm", no question about it. Easy read, succinctly describes human nature. But if I could, I would supplement it with these two, because they …

Also - The Art of Loving

Construction costs have very little to do with current asking prices. It is all about what the market can bear (and it can bear a lot these days, thanks to incessant money printing…

What to do when you have two very different opinions coming from experts: - Anthony "I am The Science" Fauci or - Dr Malone (mRNA inventor)? Who to believe? Difficult to say, but t…

There are quite a few toxic places in the software business, no? Medical field (being a physician) is not a walk in the park, but: 1. nobody questions you intelligence/knowledge af…

>But it is absolutely true that pay has been surging since about 2014/2015 Only partially true: 1. High total compensation (not salaries) is limited to FAANG/Unicorn employees (awa…

They were bailouts, because, without Fed's guarantees, no financial institution would loan money to most of these badly-managed, reckless corps. And they are doing the exact same t…

The bond "market" is dominated by Fed purchases (with money created out of fresh air), to keep borrowing costs low (aka QE). They are following the BoJ, which now owns around 70% o…

The US, at least, has not been a free market for a long time. What we have is some form of (heavily financialized) crony statism, where a bunch of well connected monopolies milk co…

As sibling comments are pointing out - the jobs are not for life anymore (and the tenure is getting shorter). But there are 3 other aspects, specific to your location/economic syst…

Make it 2-3 conductors per train for commuter trains in Boston. Also, MBTA employees retire with super high pensions (70-80% of salary)

Inflation is the most cruel, invisible tax - cruel, because it is regressive, and so affects the poor much more than the rich. That the government, elected by the people, is active…