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FuckyWucky [none/use name]

@ FuckyWucky @hexbear.net

Posts
74
Comments
758
Joined
3 yr. ago

Pro-stealing art without attribution

  • Somali posting scenes (mini-cw: language)

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  • Soda

  • Spanish police dismantle a neo-Nazi group linked to the US organization "The Base"

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  • Copying Al-Qaeda smh

  • This is how Hillary can still win

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  • The derivatives worth nothing is their payment.

  • This is how Hillary can still win

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  • Says Law attitude. Thinking supply creates it's own demand. In reality the bet would barely have any liquidity, the person won't be able to buy the contracts at the price they imagine.

  • Featured

    Bulletins and International News Discussion from December 1st to December 7th, 2025 - LIBRE vs Fascism - COTW: Honduras

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  • I am so happy that neoliberals will find it difficult to hold up Germany (and former West Germany) as a paragon of fiscal discipline compared to the "debt laden" GDR. Like, their entire growth stemmed from pushing fiscal deficits onto others like "periphery" Eurozone countries, indebting others who don't have the capacity to pay in D-Mark and later the Euro.

    Thank you China for doing the German strat better. I know, China relies on others being indebted in Dollars instead of Yuan to maintain their own exports. But regardless, neoliberals can't point to China as an example of capitalism working great.

  • memes @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Aint no way

  • A BBC crew broke the 'cardinal rule' of nature documentaries to save trapped penguins

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  • Once the storm broke, the crew decided to intervene, but they did so "passively." They didn't lift the birds; instead, they used their tools to dig a shallow ramp into the ice, creating a path the penguins could potentially use to escape on their own.

    That's fair.

  • Fed’s $13.5B Repo Injection Sparks Liquidity Alarm

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  • Basically, Fed reserve management cannot be considered a form of stimulus for raising demand, it's just to maintain the interest set by it (called the Fed Funds rate). Even QE only very indirectly affects the real economy by lowering rates on long term existing assets.

    Real stimulus to fuel asset price inflation comes from bank lending (e.g. housing bubble) or Government spending (post-2008 world).

  • Rising Prices Are Bad, but Plummeting Prices Are Worse: Americans may envy China’s deflation. They shouldn’t (CW: The Atlantic)

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  • That's the loanable funds model, and it's not the reality. In reality banks lend according on profitability, yes even in China where priority lending is a thing because otherwise it'll need capital injections from the Government. Capitalists take loans on if they think they get expected profits.

    Also there are stocks of debts vs flows of debts, deflation mechanically makes servicing of existing debt difficult, your argument is whether it will lead to lower rates on future debt which may spur investment.

    Interest rate is set by the Central Bank, not the market. Reserves then adjust according to demand. Given the nonsense 'inflation targeting' (which isn't real, CBs can't target inflation reliably), in a deflation scenario, it may lower rates to zero and try QE, but QE failed and will fail to create inflation or raise demand because the only effect it has on the real economy is via lower long term rates (since CB buys up a significant amount of long term gov securities). Regardless, fiscal policy will be needed, and it must be one which replaces the income lost by workers (via employment or transfers). Which goes to my point "Will the state take over to create employment that's been lost?".

    Savings does not fund investment. It is investment that creates savings.

    You can rearrange the Kalecki profit equation as :

    Worker Saving = Investment + Gov Deficit + Foreign Surplus - Profits

    So investment via bank loans comes first, and that creates profits for capitalists and savings for workers.

    Page 45

  • Rising Prices Are Bad, but Plummeting Prices Are Worse: Americans may envy China’s deflation. They shouldn’t (CW: The Atlantic)

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  • I think is validity to the argument that capitalism as a system built on private debts should avoid deflation. True, from the worker's perspective it appears as if the prices are getting cheaper under deflation, but is that the case in the aggregate in the long term? Are capitalists laying off workers because debt servicing is more difficult? Does it discourage future investments? Will the state take over to create employment that's been lost?

    In that sense, true price flexibility downwards can only happen in a centrally planned or heavily state interventionist economy as the state isn't financially constrained in the way private entities are. Under capitalism, it's best to have money wages rise than have the prices fall. But neither is happening in the West.

  • Fed’s $13.5B Repo Injection Sparks Liquidity Alarm

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  • SOFR prints above IORB. The Fed quietly increases the size of its standing facility. QT continues but slows.

    Nope not happening, Fed will do whatever it takes to keep SOFR on its target.

    If you’re long risk assets—stocks, crypto, whatever—don’t panic yet. The Fed just handed the system a fresh $13.5 billion IV bag. That’s bullish in the very short term.

    It doesn't mean anything. It's an asset swap, they took bonds, gives reserves and the operation reverses the next day. Also, QE itself is super mid, and the only real effects that come from it is lower interest rates on long term assets, a shitty version of Yield Curve Control. The real mover is always Government spending and bank lending.

    One camp—and honestly, the one that kept me up last night—believes bank reserves are finally getting scarce again.

    There is nothing wrong with this, the banks just have to get money from Fed instead of IORB doing its thing. It doesn't change much about how much banks lend. That depends on real economic conditions, and Fed can't do much about that other than cutting rates itself.

    Also the September 2019 event didn't result in Fed doing QE, that happened during COVID. There is a diff between QE and regular reserve management, QE pushes down yield on all Gov securities. And 2019 like yield spike is not going to happen due to the SRF.

  • Permission requirements of BJP's mandatory spyware in India

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  • i don't think even system apps have root access on android. but they have access to more permissions. but yea, sus af.

  • When Kash arrived at Provo - he demanded a Kashy drip before he'd deplane.

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  • #SoyRight

  • They are right, the rich are right there waiting to be expropriated.

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  • Raise wages then? Oh wait, that's bad too.

  • an update on my investigation (cw: r*ddit, ableism)

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  • "housing providers"

  • Rachel Reeves 'lied to Brits about £21bn black hole to justify tax raid on workers' - and knew the UK actually had a £4bn SURPLUS

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  • 'black hole' has to be silliest term to describe a fiscal deficit, trying to make it spooky and scary. in reality, a surplus is closer to a black hole, you are taking money from private sector (could be for good or bad reasons depending on who is being targeted) and dumping it into a hole and draining demand.

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Apropos “Western Civilisation”

    peoplesdemocracy.in /2025/1130_pd/apropos-%E2%80%9Cwestern-civilisation%E2%80%9D
  • Locked

    Bulletins and International News Discussion from November 24th to November 30th, 2025 - First as Farce, Then as Kinda Just Embarrassing - COTW: Mexico

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  • Also it was disputed even before 2022. This is objectively good for Ukraine (territory wise).

  • China has lent more to US than any other country since 2000, report finds

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  • I agree that debt trap diplomacy is bullshit. But there is special irony with regards to the U.S, all the Dollars that Chinese banks and companies lent to American private sector came from the U.S. itself. Whether by export surplus, remittances, capital flows etc. If the Chinese companies can create employment and output instead of lending to parasitic and capital intensive sectors, then it's still a win for the U.S.

    I mean it only makes sense, U.S. Dollars are easiest to recycle in the U.S. Most of China's Dollars are held in financial assets, putting some of it into real assets is good for the U.S. It's unfortunate since third world countries could use the Dollars better. Most of them are stuck in foreign currency debt with currency markets that aren't very deep, China should offer them a window to exchange their local currencies for Yuan/Dollars up to a limit. Such a shame this is considered as giving 'free money', there is a hierarchy where China is unwilling to accumulate third world currencies but is perfectly fine with accumulating Dollars, Euros etc. The claim that it's because first world currencies are more liquid or because of political instability is ridiculous since first world currencies in electronic entries in books don't do much either any way.

  • Dispatch is the next evolution of Telltale games.

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  • Wolf Among Us 2

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

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

  • Clean and cheap energy ... but at what cost?!?

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  • This will go on forever, I'm just describing reality. Please read the book.

    Regards.

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net
    Polish state owned enterprise

    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
    FuckyWucky [none/use name] @hexbear.net

    Indonesia: The Burn Method

    www.northsouthnotes.org /p/the-burn-method
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @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
  • music @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Heaven and Hell AKA Super Hyper Can Can

  • videos @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    This is America but it's actually Doraemon

  • videos @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Peent Peent

  • Slop. @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Mao's 'propaganda'

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Argentina entering the usual doom loop that austerity inevitably creates

    billmitchell.org /blog/
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    How Modi and RSS Are Fuelling Nepal’s Constitution Crisis

    frontline.thehindu.com /world-affairs/nepal-constitution-crisis-army-rss-modi-democracy-sushila-karki-genz-protest/article70096381.ece
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    "We should replace oxygen with swag."

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    No, the Fed Is NOT Independent—It Is a Creature of Congress

    www.levyinstitute.org /publications/fed-a-creature-of-congress/
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Who must go?

  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Sharaa says agreement with Moscow enabled swift fall of Assad

    thecradle.co /articles-id/33140
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Trump Ally Charlie Kirk Suggests Children Should Watch Public Executions

    www.newsweek.com /charlie-kirk-death-penalty-public-executions-1873073
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Trump’s Tariff Terrorism and Its Lessons

    peoplesdemocracy.in /2025/0907_pd/trump%E2%80%99s-tariff-terrorism-and-its-lessons
  • Chapotraphouse @hexbear.net
    FuckyWucky [none/use name] @hexbear.net

    Indonesia in chaos: Five Indonesians give views on why and how to fix it

    www.aljazeera.com /news/2025/9/5/indonesia-in-chaos-five-indonesians-give-views-on-why-and-how-to-fix