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Core PPI up 9.6% annualized (0.8% MoM) in May

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31–40 of 150 posts

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#31

Earlier quoted context omitted.

> Disparaging democracy The ancient Athenians knew that elections favored the rich. That’s why they incorporated selection by lot into their system. Our modern understanding of democracy has fetishized elections to the point that some voters might see hundreds of them in a year, including for positions that shouldn’t ever be elected ( e.g. judges), while still having little to no actual civic power.

The "just vote" lot are the perfect pressure release valve for the failed system. Out of control inflation? No healthcare? Endless war? Just vote! You just have to vote for a democrat! It's time to say no to these charlatans. If people lose hope in the system, that's when it can change.

> You just have to vote for a democrat!

Or a third party.

> If people lose hope in the system, that's when it can change

There's only 2 ways it can change: voting or violence. You're saying voting doesn't work. That means you're advocating violence.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#32
post #25

Earlier quoted context omitted.

> Voting doesn't work Disparaging democracy doesn't work. Saying shit like this is worse than not voting. EDIT: Downvoted for defending democracy. I do love democracy :-D

Nah, voting doesn't work because to become a candidate necessarily requires backroom dealing at odds with the interests of common voters. We need sortition.

How will you get sortition without voting for a pro-sortition candidate?

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#33

Earlier quoted context omitted.

> Disparaging democracy The ancient Athenians knew that elections favored the rich. That’s why they incorporated selection by lot into their system. Our modern understanding of democracy has fetishized elections to the point that some voters might see hundreds of them in a year, including for positions that shouldn’t ever be elected ( e.g. judges), while still having little to no actual civic power.

How will you get selection by lot into the current system without violence? Voting.

> How will you get selection by lot into the current system without violence? Voting

Oh totally agree. But also civic involvement. The returns to even small amounts of civic engagement in America are so ridiculously high because most of the population doesn’t do it. If like 5% more of the electorate called their electeds at least twice a year, that would represent a 25% increase in civic engagement, enough to break constituencies.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#34
Until the press and the public do not examine the real long term strategies of the US establishment, this won't change.

All you hear is reporting about Trump's daily contradictory statements, "leaks" in Axios that peace in Iran is imminent, then 40 tomahawk missiles. Next are probably fake peace talks again.

Until the press grasps that the US establishment wants a protracted forever war that hurts the EU, Japan, and India, no change will occur. The US wants to force investment of these countries in building valuable industrial infrastructure in the US and shake them down with high US energy imports.

The US population is suffering collateral damage. The billionaires are willing to take that sacrifice.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#35
post #3

We are not at a point as a country to have a serious discussion about governance. The administration in charge (as recently as yesterday) still blames Biden for issues happening on their watch, even though he hasn’t been in officer for 16 months now. This is not an administration serious about governing, and until we have an administration serious about governing and taking responsibility for their actions, we will c…

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore.

Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years.

The USA has had a hostile takeover by oligarchs. We are a country who serves only corporations and those who own them. Regular people have been almost completely removed from the process

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#36
post #34

Until the press and the public do not examine the real long term strategies of the US establishment, this won't change. All you hear is reporting about Trump's daily contradictory statements, "leaks" in Axios that peace in Iran is imminent, then 40 tomahawk missiles. Next are probably fake peace talks again. Until the press grasps that the US establishment wants a protracted forever war that hurts the EU, Japan, and…

> the US establishment wants a protracted forever war that hurts the EU, Japan, and India, no change will occur

This presumes way more competence at the top than we’ve got.

> US wants to force investment of these countries in building valuable industrial infrastructure in the US and shake them down with high US energy imports

Americans want lots of things. Current policy isn’t promoting those interests. Currently, the war in Iran is causing long-term demand destruction for the sort of energy products America exports among our allies.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#37

This is what you get when you elect a mad king. "I love the inflation" - Donald Trump.

[flagged]

One president had inflation due to the prior administration building and M2 bomb and a foreign country causing an energy crisis.

The current president the one causing the energy crisis, building another M2 bomb, and raising prices for consumer goods via taxes.

Re: Core PPI up 9.6% annualized (0.8% MoM) in May

#38
post #3

We are not at a point as a country to have a serious discussion about governance. The administration in charge (as recently as yesterday) still blames Biden for issues happening on their watch, even though he hasn’t been in officer for 16 months now. This is not an administration serious about governing, and until we have an administration serious about governing and taking responsibility for their actions, we will c…

The politics in this country have been intentionally broken going back to Clinton and Obama. It is impossible to make meaningful change anymore. Add in the propaganda convincing 2/5th of the country to consistently vote against their own interests and fundamentally misunderstand core issues, and it is difficult to see what can be done in the next 10 years. The USA has had a hostile takeover by oligarchs. We are a cou…

> We are a country who serves only corporations and those who own them. Regular people have been almost completely removed from the process

Regular people removed themselves when we chose cultural flashpoints over material wealth.

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