Instigate

joined 2 years ago
[–] Instigate@aussie.zone 14 points 1 day ago

See, that’s the thing though - he doesn’t. He never pays his own debts and never spends a dollar he doesn’t have to when it comes to his own money. When it comes to taxpayer money though? He’ll firehose that shit in whatever direction he feels like.

[–] Instigate@aussie.zone 1 points 2 days ago

Those who hold treasury bonds don’t tend to spend the interest on their day-to-day living costs. Those who hold treasury bonds use them as an investment vehicle, whose proceeds are usually either reinvested or invested elsewhere where the effects of investment aren’t inflationary. Many treasury bonds are also held by the international community, who by definition don’t spend those proceeds within the country whose bonds they hold. Domestic Australian retail investors make up such a small fraction of total ownership and, those that do own them in this context, tend not to use the proceeds as regular income that would be inflationary.

[–] Instigate@aussie.zone 2 points 2 days ago* (last edited 2 days ago) (2 children)

That’s why I specified in my first sentence that it depends upon how the monies are spent. I outlined a few different ways in which government spending impacts inflation.

Just paying down interest on national debt (as we have been doing) is just as deflationary as paying down principal, given that it’s removing money from the economy.

[–] Instigate@aussie.zone 4 points 2 days ago (4 children)

It entirely depends upon how the government uses that money. Paying down national debt is entirely deflationary; they are literally removing money from the economy. Spending on services can be very mildly inflationary, but usually also increases quality of life for the most marginalised and therefore reduces the impacts of inflation on those who feel it most. It can also be deflationary when spent on services, especially if those monies are spent on the government shouldering costs that have been pushed onto the average citizen (single-payer healthcare, energy costs and the like).

By far the biggest upward effects on inflation are caused by corporate greed and geopolitical instability.

[–] Instigate@aussie.zone 9 points 3 days ago (1 children)

I generally prefer to tight internet in my woman but you do you, I guess.

[–] Instigate@aussie.zone 2 points 3 days ago

I mean, I kind of agree with you but the Liberals are definitely a minority party now (let alone the fact that without the Nationals, they’ve always been a minority party). They’ve been ringing their death knell for a while now. I get what you’re saying and its intent but be careful you don’t accidentally call the Libs serious about fascism.

It’s really just the Greens and Independents that are the real politicians these days; i.e. those that genuinely represent the views of their constituents.

[–] Instigate@aussie.zone 8 points 3 days ago (3 children)

Depends on your jurisdiction. In most places in Australia, a parent or guardian is absolutely able to provide consent for their child to get a tattoo. Good luck finding a decent tattoo artist who’s willing to take on the commission though.

[–] Instigate@aussie.zone 3 points 3 days ago (1 children)

He can borrow against that asset value for liquid cash at extremely low interest rates, so he essentially has access to at minimum 50-80% of that value. For all intents and purposes, and especially given that it would be essentially impossible for an individual to ever actually spend a trillion dollars, he has that much money.

If I own a house outright that’s worth $2 million but I only have $10 cash in the bank, it would be entirely disingenuous to say that I’m poor. It’s far more accurate to say I’m a millionaire.

[–] Instigate@aussie.zone 4 points 1 week ago

That’s why, to this day, removal of a woman’s uterus is still called a ‘hysterectomy’. As in, removal of what causes hysteria.

The Greek word ‘hystera’ means womb, or uterus, so ‘hysteria’ is literally just ‘uterus syndrome’. To take a broader brush, it kind of means ‘woman syndrome’.

Surprises me we still use this naming convention in English, given the obvious modern connotations.

[–] Instigate@aussie.zone 7 points 1 week ago (1 children)

No! No, see that’s wrong; it’s being exaggerated again!

[–] Instigate@aussie.zone 6 points 2 weeks ago (2 children)

I recently bought a new car and found that, basing upon the difference showed on my speedometer and the google maps displayed speed, it’s closer to 5% over actual speed until around 100km/h when it falls to a flat 5km/h over (tested up to around 130km/h displayed speed). All cars are calibrated to show higher speeds on speedometers than actual speed, but the variance isn’t always as high as 10%.

[–] Instigate@aussie.zone 20 points 2 weeks ago (1 children)

Can confirm; I was indecently assaulted by a woman around 30 years older than me when I freshly turned 18. Took me a while to deal with the cognitive dissonance between wanting to be wanted and wanting bodily autonomy. While most of them are men, gross people are always gonna be gross.

 

My wife has been on a rom-com binge over the last year or so and something I’ve noticed when I’m vaguely paying attention or walking past is that almost every single rom-com features people who are, at the very least, middle to upper-middle class. These characters all live in gigantic houses/apartments, have beautifully sparkling brand-new cars, take month-long vacations to their beachfront properties… it’s just so unrealistic and out of line with the life that the vast majority of us lead.

I understand some concepts - large rooms are easier to film in, rich people own nice things that set a beautiful scene, it’s not interesting to discuss financial issues all the time etc. but this seems (from my anecdotal perspective) to almost be a rule of the genre.

Some more food for thought:

https://www.digitalspy.com/movies/a867107/rom-coms-diversity-wealth-income/

 

NSW Police is considering authorising the use of "extraordinary" powers to search and identify protesters ahead of a pro-Palestinian rally in Sydney planned for Sunday.

Acting Commissioner Dave Hudson said an event by the Palestinian Action Group Sydney was deemed unauthorised this week due to a form not being submitted within the required time frame.

It followed a protest in front of Sydney Opera House earlier this week where racial epithets were chanted by some attendees.

On Monday night hundreds of people attended a pro-Palestinian rally outside the Sydney Opera House, while the landmark was lit in colours of the Israeli flag.

At the protest flares were lit by some in the crowd and thrown onto the forecourt steps, where rows of police officers were monitoring the situation.

Some protesters waved Palestinian flags and chanted slogans like "f… the Jews", "free Palestine" and "shame Israel".

No arrests were made and no-one was reported to have been injured.

Acting Commissioner Hudson on Friday said if the powers were used, police would be able to search attendees without reasonable cause and request identification, where failure to provide relevant documents would be deemed an offence.

The wider powers were introduced after the 2005 Cronulla riots and have been used "intermittently" since, the acting commissioner said.

"The powers are extensive, when the authority is granted all those powers will be available to us, however, we would not be looking to exercise the full suite of powers," Acting Commissioner Hudson said.

"Only the ones bespoke to the situation we're currently in, and we think those additional powers are required to appropriately and safely manage what is to occur on Sunday."

He warned protesters planning to attend not to go to the planned gathering, but said police are expecting between 300 and 400 people at the moment.

"We don't prohibit anyone from the right to protest but there are peaceful manners in which that could happen," Acting Commissioner Hudson said.

"People do have a right to protest, but there are responsibilities with that."

 

What are your thoughts on this? I think I’m somewhat on the fence. I firmly believe in the right to protest and that the only effective protests are those that are truly disruptive, but I can also understand the argument that people have the right to feel safe in their homes. Protest rights have been slowly eroded over time in most Australian jurisdictions and so an act like this is sometimes what’s needed to affect change. There’s also the point to be made that the harm that people cause through business decisions doesn’t end at 5PM on a weekday, and we should have the right to protest individuals and their specific actions as well as the companies that they represent.

Thoughts?

 

Hoooooooooooooooowdy ho fellow Lemmings. How are we all today?

I'm currently throwing down the last glass of my red wine goon and trying to procrastinate going to bed.

What's happening in your nape of the woods? Neck of the wape? ...Why are you here? Y'know, skarnon?

Extra prompt: what's your worst personal trait? I'm a grammar and spelling nazi, and even though sometimes I understand what people are saying, if it's out of context I pretend I have no fucking idea what they're talking about in order to get them to communicate more effectively.

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