Skip Navigation

User banner

FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

Posts
87
Comments
886
Joined
3 yr. ago

Pro-stealing art without attribution

  • Pilot forgot their phone at home

  • Increasing bond prices implies that either the government needs more money short term or that there is less confidence that the government will be able to repay it.

    I think you meant yields, not prices. This only applies to non-sovereign bonds, corporate bonds and all. Yields go up with sovereign bonds whenever market believes Japan will raise interest rates or if market believes BOJ purchases may be loosened, so the existing stock of bonds becomes less worth it (lower prices), especially true for long duration bonds (which shouldn't even exist, much more speculation prone).

    Fun fact: speculators have tried to short Japanese Gov Bonds in the past (see widow-maker trade) and famously failed since BOJ always bought up as needed to maintain yields at the target it set. When the Central Bank says it won't let go of the yield peg, most/all the speculation disappears. Since you will lose against the Central Bank. What if foreigners don't want to hold? The adjustment shifts to currency exchange rate, i.e. Yen depreciates.

  • Here she is wearing Milei regime's shock therapy symbol, the chainsaw.

  • i am going with market expectations of higher rates by BoJ. Also a bit of speculation.

    Edit: If expectations don't align with reality, the speculators lose money.

  • I find it funny they are always going for import tariffs as retaliation, i.e. to deprive U.S. capitalists (and lesser extent worker employment) from demand in EU market. Why not deprive Americans of European treats by putting a tax on exports to the U.S.

    Of course, the reason is clear, these are capitalist countries where reduction in demand (due to export tariff) results in higher unemployment and more importantly, lower profits for captialists.

  • they seem to be promoting forex trading which is usually more volatile especially considering massive ridiculous leverage offered by certain platforms like 1000:1.

  • Gotta love Street View. Coords: 40.728995, -73.994928

  • Trump please do to Germany and Netherlands what they did to Greece and others.

  • 2008

  • Just finished it after seeing your comment lol, pretty fun movie.

  • Slop. @hexbear.net

    ‘Maga has gone Maoist’: corporate America reels as Trump turns interventionist

    www.ft.com /content/36ab31dd-6cb6-4b1e-b15d-32eafdcea556
  • Hmm I think one way to not inject additional Bolivars would be for the Government to purchase Bolivars from the forex market using the Dollars they earn. This will put appreciation pressure on the exchange rate. But I do not know how well the official forex markets are in Venezuela given the sanctions. Edit: I forgot the other side, they may be forced to inject reserves (in Bolivars) due to interest rate targeting, but regardless, exchange rate pressure will still be alleviated.

    I think printing shouldn't be seen itself as a thing, the Government decides to spend in Bolivars by budgeting (ofc, they constrain themselves by putting limits like certain % deficit or earmark it on oil revenues), then taxes it back. The issue is in a country like Venezuela, the tax collection is very poor, most of it is informal and many people evade taxes, this reduces the capacity of the Government to spend. The public wants Bolivars but can avoid taxes.

    The fiscal deficit, what some call 'money printing' is ex-post, it comes after all the spending and taxing has taken place. When the Gov budgets, it can only 'guess' what the tax revenue will be based on previous revenue and some assumptions. This is the fiscal deficit 'guess', the actual fiscal deficit can end up being different depending on how much people want to hoard currency, how good tax collection is, tax rate, state of the economy etc.

  • They have done modest social democracy and improved social services. There are especially limits in employment generating measures, unfortunately. I think this year CPI-M will likely end up losing the last state Government they control. The liberals who win will not fix anything, likely making everything worse paving way for actual fascists. I do not think given the demographics and ideologies, the Hindutva fascists will be able to completely take over Kerala, but they'll make some gains.

    Good book https://annas-archive.li/md5/2ec0b08e73d727d44f868956b97676e6

  • News media in Kerala is very much aligned with Congress. As for CPIM support for oligarchs' certain projects, they run a state Government not central one. CPI-M's likely fall in the elections later this year will largely be linked to economic issues, which are particularly hard to fix given the constraints they are under. Even the most ideologically 'pure' Communist party will struggle with this and will be voted out. Give CPI ML Red Star or whatever smaller Communist parties the state Govt and they will have to deal with the same constraints.

    The resulting fiscal crisis is being used as a convenient justification for Pinarayi government’s increased dependence on neo-colonial financial institutions such as World Bank, ADB, AIIB as well as on other global speculative-financial sources like bond markets, subjecting the state to far-right neoliberal conditionalities as dictated by global creditors and financial speculators.

    Easy for them to blame, criticize from far away. But where is the state Gov upposed to get the revenue from? They can't raise sales taxes, they don't collect income taxes, they don't collect corporate taxes, they can't run deficits themselves beyond a set limit (i think 3%). KIIFB (and others) were created to make it possible to spend on surplus generating projects by borrowing using a bank like entity.

  • Well, if there is no demand for it, it doesn't matter whether it's budgeted directly or the pretend to lend against Dollars, either is 'money printing' in a sense. But yes, it'll reduce pressure on exchange rate (which passes through to prices) and allow country to import more. I am not saying the oil revenue is useless, it clearly is. Spending on food, housing etc. requires input goods which needs to be imported for a country like Venezuela, if budgeted without export revenue coming in, this will cause downwards pressure on exchange rate, and hence inflation, as has been happening.

  • memes @hexbear.net

    2025: This guy who was soyfacing and recording right after Charlie was Kirked. He also yoinked some merch afterwards.

  • technology @hexbear.net

    Activating Windows using Epstein's laptop

  • Chapotraphouse @hexbear.net

    The Gangster Phase of Imperialism

    peoplesdemocracy.in /2026/0111_pd/gangster-phase-imperialism
  • Chapotraphouse @hexbear.net

    DOI cracks down on stickers covering Trump's face on national park passes

    www.sfgate.com /national-parks/article/sticker-covering-trump-void-national-park-pass-21278091.php
  • music @hexbear.net

    Kino - Summer is Ending [Кончится Лето] - REMIX

  • Slop. @hexbear.net

    Anyone not liking the Eurozone is promoting "Russian disinformation"

  • technology @hexbear.net

    HONOR WIN RT Hands on & First Impression: 10,000mAh & Built-in Fan & 8 Elite!

  • music @hexbear.net

    Lovely sad 24gh original video

  • Chapotraphouse @hexbear.net

    The Fed Lowered Rates Again. Is It Really a Surprise?

    www.levyinstitute.org /publications/the-fed-lowered-rates-again-is-it-really-a-surprise/
  • Chapotraphouse @hexbear.net

    ‘The gap is widening’: inside Donald Trump’s K-shaped economy

    www.ft.com /content/49274d50-d781-45d5-a4cd-9ab00986d033
  • Chapotraphouse @hexbear.net

    The World Bank Miracle: How to Show Rising Poverty as Declining

    peoplesdemocracy.in /2025/1221_pd/world-bank-miracle-how-show-rising-poverty-declining
  • Chapotraphouse @hexbear.net

    Trump’s “best is yet to come” and the data reality are diverging – for the worse!

    billmitchell.org /blog/
  • Chapotraphouse @hexbear.net

    British Labour’s obsession with fiscal rules is untenable and ignores the reality of the situation

    billmitchell.org /blog/
  • memes @hexbear.net

    Aint no way

  • Chapotraphouse @hexbear.net

    Apropos “Western Civilisation”

    peoplesdemocracy.in /2025/1130_pd/apropos-%E2%80%9Cwestern-civilisation%E2%80%9D
  • Chapotraphouse @hexbear.net

    Even with Infinite Time, We Can’t Run Out of QR Codes

  • Chapotraphouse @hexbear.net

    Repurposed a Nazi Factory Site to Make TNT to Drop on Gaza

    www.dropsitenews.com /p/polish-company-nitro-chem-tnt-us-mk-80-israel-gaza-nazis
  • Chapotraphouse @hexbear.net

    Indonesia: The Burn Method

    www.northsouthnotes.org /p/the-burn-method
  • Chapotraphouse @hexbear.net

    Upper East Side Moms Are Melting Down Over Mamdani

    www.thecut.com /article/moms-of-the-upper-east-side-facebook-meltdown-mamdani.html