woah holy shit a bio?

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Joined 1 year ago
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Cake day: June 30th, 2023

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  • Ok, if you want the conspiracy theory part, you’ll find out every public publishing economist you have heard/read about had an education at a college where the program was entirely funded by financial institutions. Meaning that the education is tailored towards “good economy = strong financial institutions” and “bad economy = weakening financial institutions”.

    That is a conspiracy theory. The statements above are fact. Conspiracy theories, for your information, are built around groups of people working together to manipulate some action.

    McDonald’s doesn’t work with insurance companies to raise the price of a burger. Credit card companies don’t work with their customers to increase the profit of their products. Market makers just exist to make money on each transaction any way. No collusion needed.



  • Modern inflation has nothing to do with supply/demand.

    We exist in a supply side economy, meaning that demand is always less than available supply. Yet inflation is a real problem. Current inflation is largely do to a variety of middle men getting entire pieces of transactions - credit card fees, payment for order flow market making, insurance, etc.

    Any business that relies on production will not see existing demand change. McDonald’s for instance does not make it’s money off selling food - they make money off of real estate and licensing. You’ll see McDonald’s jobs disappear, but the demand for cheap fast food will still exist. Local diners will pop up to take their place.




  • Then how many red lines will be crossed before they use them? I personally think Russia is no longer a player in MAD.

    Obviously we don’t want to prove that, it doesn’t benefit anyone. But given that Ukraine is now fortified within Russian territory, and the main opposition to ever invading Russia was the threat of nuclear retaliation, I really doubt it. Especially considering how crazy the Kremlin is.

    It’s kind of really reassuring to think about. China being the sole MAD player could end the anxiety of nuclear extinction for a long, long time. The West has no intentions of using them again, and I have no doubt China is not interested in it either. They seem to be pretty good about the whole self-preservation thing, at least in theory if not always in practice.