this post was submitted on 10 Oct 2024
311 points (97.0% liked)

politics

19096 readers
4034 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 1 month ago (1 children)

Actually, it will never go negative (I hope) because if it goes negative we're probably in for a massive global recession that will introduce untold suffering.

You think they aim for 2% because that's what's good for rich people? 2% is the magic number for the whole economy.

[–] [email protected] -3 points 1 month ago (4 children)

Who taught you that? Remember, economists funded by rich people have obvious biases... And what happens if our salaries and pensions are indexed to the cost of living? Is the reasoning still good?

[–] [email protected] 5 points 1 month ago (1 children)

Aaaand now we get to the "don't trust the experts, they're all liars" phase

[–] [email protected] 2 points 1 month ago

Seriously. I didn't realize President Erdogan had a lemmy accout!

[–] [email protected] 4 points 1 month ago

Just learned I was funded by rich people. Did I miss a paycheck somewhere?

-an actual economist, telling you deflation is bad

[–] [email protected] 2 points 1 month ago (1 children)

Populist candidates used to actually argue for higher inflation. See the free silver movement of the late 19th century. With some inflation present, the real value of all debts goes down over time, as long as you make the interest payments.

[–] [email protected] 1 points 1 month ago

There are many ways that a government could handle excessive debt. Inflation is one method that is to some degree successful, and also to some degree a complete failure in contemporary America. How many people have student loan payments when they graduated college a couple of decades ago? That's just shocking. Which is to say, interest rates are one tool, but at the moment they are not sufficient to handle the problems society is facing.

[–] [email protected] 1 points 1 month ago

Who taught you that? Remember, [well poisoning the myriad of sources that would clearly show that's correct]

lol