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FuglyDuck

@ FuglyDuck @lemmy.world

Posts
18
Comments
6746
Joined
2 yr. ago

  • Where does the revenue gathered from taxes go and what is national debt?

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  • Not sure who downvoted you, lol. You're quite correct (I just didn't want to get into the weeds, heh.)

    and yes. it's good to remember that not all debt is "bad" debt. Especially on a national level. I still think it'd be nice if they passed a balanced budget, though. (and one that covered everything that was important. like healthcare and housing and infrastructure and climate resiliency and stuff, and not bombs for genocidal maniacs)

  • Where does the revenue gathered from taxes go and what is national debt?

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  • This is factually incorrect.

    the M2 money supply expanded from 15 trillion to ~22 trillion from 2020 to feb. 2022 Then 1 trillion or so was removed by apr 2023.

    You'll notice that inflation tacked that fairly closely. when there was an explosive growth of the m2, inflation was insanely high and then when some was removed, inflation began cooling off.

    Also, Please go study some history.

    This is what caused hyperinflation in the Wiemar Republic

    This also caused hyperinflation in Hungary,

    This is what triggered hyperinflation in Zimbabwe

    In fact, there are many countries that have experienced hyperinflation, in which printing money is a common factor.

    Is it possible that there's some wiggle room, where the effects won't be so bad? sure. Does that make it good economic policy? not really. COVID wasn't about perfect, or even good. If you're on fire, it's natural instinct to start patting the fire out with your hand. It burns your hand, and that's not good, but it's better than burning to death, right? Same concept.

  • White House demands British supermarkets stock chlorinated chicken

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  • said another way.... they think our food cleanliness is somewhere between "dirty as fuck" and "You eat that?!"

  • Univ. of Oklahoma Punishes Instructor for Failing Christian Student Who Didn’t Do the Assignment

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  • to expound on that. we're talking about a junior in a psychology major. It's a science heavy major.

    She should know how to:

    • cite sources
    • Discern good sources from bad.
    • understand that the bible is not a good source for psychology.
    • know how to right a fucking essay and answer the question that was being asked.

    There were all of two sentences relating to the article which she was supposed to talk about. Those two sentences were basically "I disagree with this article".

    Her only source- if you want to call it a source- was the bible. But she didn't even bother cite specific parts of the bible, just waxed inelegantly about "traditional" gender norms and insisting that bullying people because they weren't cisgendered is good. (which is what the article was about, IIRC, bullying of noncis kids in middleschool.)

    (for people interested, Forest Valkai has a good break down on the essay, and why she failed

  • Windows vs. Linux User

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  • except nvidia drivers.

    fuck nvidia.

  • Genius

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  • I'm not sure if Troggle is supposed to enjoy this or not.

  • Genius

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  • a hearth!

    (or do you mean Troggle's cave. Because Troggle is an ass and deserves to get his shit burned?)

  • Where does the revenue gathered from taxes go and what is national debt?

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  • cash is largely minted by the government, and they usually aim to maintain "enough" (currently 2.3k billion dollars currently?)

    Most of the money supply is not in physical cash, though- they call that the m1 supply which is found in things like savings and checking accounts, other kinds of deposit accounts, etc.

    Currency is added to the economy by buying back government securities (think bonds). Specifically this is the Federal Reserve. we also pay interest on money held at by the Fed. (Banks invest the money.)

  • Where does the revenue gathered from taxes go and what is national debt?

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  • Printing more money doesn’t make more value- it actually reduces the individual value of a dollar.

    That value needs to come from somewhere.

    When a currency is backed by some commodity (we backed by silver and gold, historically.) that value comes from whatever is backing it (ie you could go to a bank and get that stuff.)

    Today, the dollar is backed by the confidence of the people using it. Specifically, the confidence in the US government. The value is also affected by supply and demand for that currency.

    If the US suddenly decided to print the trillions dollar coin, the market reaction wouldn’t be all that hot. There is some wiggle room but generally not a lot.

    If you want to know what happens when you push it too far, check out the Weimar Republic (Germany), Hungary after ww2 and Zimbabwe in the late 2000’s

    It’s very much not-good.

  • Where does the revenue gathered from taxes go and what is national debt?

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  • In the US, at least, the government has 2 ways it can fund itself.

    Taxes, which are collected through a variety of means- income tax, for example, or import taxes, etc. these funds go into the treasury, which then get doled out to pay for things.

    If taxes are insufficient, or there's some type of emergency that requires an excess of funds more quickly than they can levy with taxes... the government takes on debt. Specifically, they use a number of different instruments including bonds.

    The "national debt" is the the sum of all those bonds, loans and whosiwhats its that are taken out to pay for things. it's the debt that the national government owes to others.

  • White House demands British supermarkets stock chlorinated chicken

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  • and then somehow blaming Clinton, Biden, or for nostalgia, Obama.

  • White House demands British supermarkets stock chlorinated chicken

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  • what's funny is we're stopping it's use. very few processors here use chlorine as part of the chilling process. Even then, it's extremely dilute. We now mostly use a diluted peracetic acid (It's vinegar- acetic acid- and hydrogen peroxide.)

    edit to clarify: When butchering animals, you want to get the temperature down as quickly as possible after you kill the animal. This keeps the bacteria lower, and reduces the chance of spoilage while increasing it's life. To do that, chicken are chilled in a cold water bath, to which they add the acid (or chlorine.) to reduce it as much as possible, which expends it's shelf life tremendously.

    The EU has questions about Chlorine's safety; but more importantly.... they view the use of additives as a way to mask hygiene problems. It's a concern that the poultry is not up to par, and the wash is there to hide the fact or make up for it.

  • You lost me at "Stormtroopers" and "Precise"

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  • Yeah. Sun Crusher is.... uhm.

    Like. Why. even? Even the Deathstar serves no real functional purpose. That's the problem with brinksmanship, and mutually assured destruction. Eventually, you're gonna have to grab that other guy and jump off the cliff. And now, instead of a economically productive and valuable planet, you have an asteroid field. That, sure, you can mine for minerals, but that effort is now going to cost orders of magnitude more.

    And lets be honest. If the goal was to keep people too afraid to try anything, eventually some dumb kid from a dried up backwater is going to blow it up. And then you look really fucking weak.

    The economic loss of entire systems, though, is just bad for business.

  • T-Wrex'd

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  • Only if we’re talking about food.

  • T-Wrex'd

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  • Steggo is BSST-o

  • You lost me at "Stormtroopers" and "Precise"

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  • I ignore that. I prefer the bullshitting scoundrel, to be honest.

    Maybe Han came up with that when he got called on it. lol.

  • You lost me at "Stormtroopers" and "Precise"

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  • yup.

    Han was bullshitting them. Remember, Han is a fast talking scoundrel who runs scams on rubes.

    For people who don't know Parsec... is a unit of distance. an object 1 parsec from the sun would be an object that has a parralax angle of 1 arc second. a second of arc is the easiest to explain- it's 1/60th of a minute of arc, which is 1/60th of a degree. (arc second is 1/3600th of a degree.) it comes to about 3 lightyears.

    It would be like saying, "I made the Chicago-NY run in less than [whatever miles]!" when talking about how fast his ship is. The distance is fixed. the kessel run is largely fixed.

  • You lost me at "Stormtroopers" and "Precise"

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  • There are stormtroopers, and then there are stormtroopers. The 501st legion is the best of the best. Most the riffraff were... not.

    Like. Every planet probably had to source storm troopers for their own defense from local communities, and they were basically somewhere between Paul Blart: Mall Cop and Keystone Kops.

    The stormtroopers on Tatooine were 501st. The ones on the Deathstar (at lest, some of them) probably were, as well, given Vader's presence. DS-1 troopers wouldn't have been there if they weren't competent, at least.

  • ‘Weapons of mass construction’: the US ‘craftivists’ using yarn to fight back against Trump

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  • yarn bombing is dangerous. Make sure to bring adequate needles and hooks to do the job properly.

    also please remember, Puce and Green are hideous colors together. use them appropriately.

  • Atheism @lemmy.world
    FuglyDuck @lemmy.world

    Be scared.

    skepchick.org /2025/10/trump-declares-atheists-are-terrorists/
  • Opossums @lemmy.world
    FuglyDuck @lemmy.world

    The future of transport!

    theonion.com /experts-say-future-of-green-transportation-may-be-16-to-1844636887/
  • aww @lemmy.world
    FuglyDuck @lemmy.world

    Tapir Cutie

  • News @lemmy.world
    FuglyDuck @lemmy.world

    Elon Musk's Enemy, USAID, Was Investigating Starlink's Contracts in Ukraine

    gizmodo.com /elon-musks-enemy-usaid-was-investigating-starlink-over-its-contracts-in-ukraine-2000559365
  • Superbowl @lemmy.world
    FuglyDuck @lemmy.world

    Finally got him!

  • Superbowl @lemmy.world
    FuglyDuck @lemmy.world

    Orly?

  • Star Wars Memes @lemmy.world
    FuglyDuck @lemmy.world

    Stormtroopers

  • Mildly Infuriating @lemmy.world
    FuglyDuck @lemmy.world

    I can't wear the stupid "I voted" sticker. Because they stick it to the mail in ballot instead.

  • Bats @lemmy.world
    FuglyDuck @lemmy.world

    ick, saw this and thought of you:)

  • Not The Onion @lemmy.world
    FuglyDuck @lemmy.world

    Florida man sneezes his intestines out of his body at restaurant

    www.independent.co.uk /news/world/americas/florida-man-sneeze-intestine-diner-b2568901.html
  • Superbowl @lemmy.world
    FuglyDuck @lemmy.world

    Hooo?

  • Star Wars Memes @lemmy.world
    FuglyDuck @lemmy.world

    Who doesn't want a lightsaber?

  • Mildly Infuriating @lemmy.world
    FuglyDuck @lemmy.world

    It's spring, dammit

  • Superbowl @lemmy.world
    FuglyDuck @lemmy.world

    Loaf.

  • Cooking @lemmy.world
    FuglyDuck @lemmy.world
    joke

    Broke out grandma’s candy thermometer….

  • Cooking @lemmy.world
    FuglyDuck @lemmy.world
    meme

    Am I the only one that starts quoting Macbeth while making pea soup?

  • Cooking @lemmy.world
    FuglyDuck @lemmy.world
    question

    for the chemistry types- making chicken soup. Why did lemon juice turn the light brown chicken stock almost white?