My spouse and I are registered to donate our bodies to a medical college. If we can advance medicine in even a small way, it is still a move to better life and health.
My spouse and I are registered to donate our bodies to a medical college. If we can advance medicine in even a small way, it is still a move to better life and health.
Meat bags
“Here. Hold my beer” Has started several Darwin awards.
Reuters, AP, NYT, WP, and to a small extent, Ground News. I filter for high factuality. My viewing is rated as slightly skewing left, but this is caused by so many Right sources are not credible sources. Known lies are not worth my time. My biggest gripe about Ground news is that to be balanced, I must waste time on sources that are not credible. Sadly, I can listen to RT or certain USA Right leaning politicians after a little time, and hear the same news.
I forgot FP Foreign Policy and the Economist.
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Taxes take the money out of circulation, and the government AGAIN spends the money. It is two transactions. This technicality is important. Following where the money goes and the steps that it takes to how it gets there is how you get some understanding of economics. Government bonds are the safe haven in that largely stays even with inflation. That funds the government in a large way. Taxes, to an increasing degree, pay the interest on that debt. The interest rates set by the government set the interest rates of corporate bond, of the giants to the little consumer rates by risks taken. These, together, fund loans, which fuels America’s economic engine. High interest means slowed growth. Low rates spurs growth.
To offset this “tax”, people must put their money in places that will grow. Government bond’s interests are close to inflation, for example, and are seen as the safest of investments.
Consider a series of transactions for a certain amount of money. Each transaction has a tax cost, that reduces that “certain amount” of money. On average, six transactions return all of that “certain amount” of money back to the treasury/ per Krugman.
Investing in a company puts your money in a non-inflationary asset. If inflation goes up, your land, machinery, buildings, raw materials as well as finished product just jumped in numbers of dollars of value, thus holding its real value. The same can be said of any hard asset, and dollars could also be switched with any country’s currency. I like large index funds because they are largely diverse. There are big swings, but I have gotten 9-12% average, over long periods of time.
Inflation is similar to a stock split. If you can understand stock splits, you have a rudimentary understanding of inflation.
Here is some extra information that may be too much info: Add in population growth, and realize how money supply has to at least increase to keep pace, for every worker to maintain the same pay. (in theory) Some nation’s citizens like the relative stability of the dollar’s value, and trade or have savings hedged with dollars. These dollars essentially drops out of money supply. Their trade velocity drops for these dollars. There are so many variables, that economists look at inflation measures to see how they are doing. These indicators are always 6 months or so behind, so they are always flying by only being able to look behind their plane.
Gold is a shiny bauble material, but never grows. It can be a good investment for that part that you want to put aside and will just sit. Bitcoin is invaluable for money laundering, but very unstable for saving/investing. Look at how many have been fleeced when someone gets their keys, or lost their coins by a hard drive failure. It is costly in electrical use to mine.
There are far better things not tied to the value of a dollar. I would suggest very low-fee indexed mutual funds as one better alternative. They offer an accessible way for people to get a share of the means of production. My experience is that for people who can can learn to not be ruled by fear or greed can, over time, build enough wealth to live better lives.
The thing that humans have is resilience. We can jump off the f’d up train track if we put our efforts toward that goal.
Remember the ozone hole? It’s been shrinking and almost back to normal, per scientists who watch. Pesticides put birds on the endangered list, but after that pesticide was banned, they have become abundant again. We don’t remember the wins, but they are there. Humanity will change their ways, but only when they have exhausted the other ways, first. We can ban more pesticides. We’ve done it before, we will do it again. We are on the verge of a clean energy future. The old rich fossils can hold on to the old ways for only so long, They are dying out. They will be replaced by a new ethics, who will find new ways to screw up.
My realization, now, was that they did. I was too clueless on picking up cues to realize it.