Well, an economy that prices more and more people out of specific markets (like, the average person can’t afford the median home any more and the cost of necessities like food, fuel, clothing and housing has gone up much faster than return on labor) might involve a rising stock market but it is objectively worse if you make your money by working.

Its consistently worse than home cooking. But not everyone has the luxury of a functional kitchen or a stocked fridge or the time to prepare the meal.

You’re not wrong here. It’s not good food, but it’s easy and touches the makes-me-crave-it neurons, it’s often available in food deserts (where it’s legitimately difficult to really stock a kitchen) and sometimes it’s only cheap in the context of whether or not you have that home infra and time to use it or not.

I just use my privilege (I have a pretty functional kitchen and the ability to stock it mightily) to not fund a business model that looks to me like it’s hostile to labor (yeah you, McDonalds and most of the rest), tends to give money to politics I can’t abide (looking at you, chick-fil-a), and I really prefer to patronize businesses whose employees don’t have the energy of beaten animals. I get that it’s my privilege to do that, but being someone with that to work with, using it appropriately seems the right thing to do.

If inflation isn’t based on most prices increasing… What is it based on?

It’s the devaluation of currency that happens when too much of it chases too few goods in the marketplace. It’s purely a monetary thing, you get that when the supply of money grows more quickly than the value of real goods in the economy does.

Ideally, we print money (and take it out of circulation) at a pace that keeps the money supply more or less balanced to the value of available goods and services in the economy. If we were to print too much money, or not take enough out of circulation (note: paying taxes does this; when you pay taxes the money doesn’t go into some account somewhere, it’s used to zero out the bonds issued to create it), the amount of money in circulation would become greater than the amount of real valuable goods in the economy. When that happens, the resulting bidding contest to secure those goods (after all, money doesn’t have intrinsic value, it’s only good for buying things that do) drives up the price of those goods in monetary terms.

It’s been maddening to watch people call price-gouging “inflation”, honestly.

That’s not fucking inflation when someone in the supply chain made things more expensive and pocketed the difference as a wider profit margin; it’s the symptom of non-enforcement of antitrust laws.

I mean, most foodstuffs markets (in the supply chain between farm and grocer or farm -> restaurant) are controlled by very few people or corporations; when the farmers get less for their products but the grocer must pay more for them, that’s not inflation. It’s price-gouging, the symptom of the kinds of market failures that follow regulatory failures to prevent corporate mergers that would reduce competition in those markets.

When you look at food, fuel, housing, the enshittification of basically everything, the acquisition of yesterday’s hot-fresh-streaming services and re-packaging them to be just as predatory as the cable was when you cut the cord and went to streaming- it’s all what we get when private equity owns a piece of everything and they’re running it all to squeeze more out of everyone they can, and they also ensure regulators don’t do a damned thing about it.

There was once a time when regulators had the will to block corporate mergers, and they had the will to tax windfall profits at 100%.

It’s not so bad once you’ve got your teeth into the problem

assuming you can code, that is

If the penalty for a crime is a fine, that just means it’s legal for the wealthy/only a crime for the competition that doesn’t have money to burn.

Frankly it’s about damned time criminal corporations had to worry about having their charters yanked

This is where windfall taxes come back into basic utility. Also it becomes the basis for antitrust action on price collusion if all the sellers coordinate

"We’re tracking you for your privacy 🙄

B/c if Israel just stops like it’s trendy to demand, then Hamas will regroup and go again

That’s an interesting prediction I’d like to see tested, honestly. What if, (hear me out here) the only thing keeping air in Hamas’s sails is the perceived need to resist the occupation? Hamas isn’t and never has been popular among Palestinians, in much the same way that Likud is really only politically relevant because someone needs to take a firm hand with Hamas.

Also, if Israel doesn’t stop, like it hasn’t for the last 70 years, then Hamas will regroup and go again, right?

Honestly this has all the same energy of the ‘defund the police/thin blue line’ rhetoric we’ve seen sail through our political spaces; if you listen to the law-and-order narrative the logic is that force must be escalated until those thugs learn their lesson, while that seems to drive up protest movements and that in turn gets the thin-blue-line crowd frothing for cops to use real bullets instead of rubber bullets and tear gas.

There was peace between Jews and Palestinians before the state of Israel began its occupation and settlements. The beef here isn’t religious or cultural, the issue is the occupation and the dispossession of Palestinians of their family homes. One thing Israel could try (that it hasn’t) is not doing that

good bot 😊

I’ve been watching the media and our politicians both-sides the issue in ways that seem contrived to ensure that the occupation and genocide will continue without interference by anyone in a position to do anything about it, especially my own elected representatives and officials.

Reading South Africa’s Application instituting proceedings in the World Court document myself reminded me how thirsty I’ve been to hear from anyone serious about the matter. It’s very human-readable, cogent even- well worth the read.

Corollary data for cyclist fatalities shows a similar increase over the same timeframe https://bikeleague.org/new-fatality-data-for-2021-shows-increase-in-bicyclist-deaths/

Of the 1,230 bicyclist deaths in 2021, 853 died in motor-vehicle crashes and 377 in other incidents, according to National Center for Health Statistics mortality data. https://injuryfacts.nsc.org/home-and-community/safety-topics/bicycle-deaths

One interesting corollary to the bicameral mind theory is that our brains have multiple sentient centers to them- that in turn might explain that feeling of struggling with a decision and being able to see the same thing from more than one point of view. It also explains why different parts of the brain light up in different situations

While it’s nice to hear that Biden is ‘under pressure’ about this, I wish it took something less than obvious genocide and a near-global consensus that these are crimes against humanity for any sort of media to register it.

I honestly don’t understand why Biden is so hawkish on this; it’s not like giving Israel carte blanche will get him support from Republicans, and doing it really does appear to divide the left enough to hurt him politically.

Apparently Russia called for a meeting of the UN Security Council to complain about Ukraine fighting back

LOL no fair when you fight back, it’s violence! /s

Well, good.

LOL the article says Russia lost 1 submarine but are you kidding? They’ve been promoting their surface vessels to submarine status

Russia getting mad about it when Finland beefs up explains why Finland (and most of the rest of Eastern Europe) have been beefing up and applying to join NATO.

Russia having tantrums when their neighbors strengthen their defenses

“We regard you being able to defend yourselves as an aggressive act, so we will now threaten you”

Finland has spent the whole time since the Winter War building up defenses. They’ve got hardened shelters capable of holding the whole population of major cities and their military doctrine is entirely designed around defending itself against Russian forces. If you think Ukraine has been messy for Russian forces to invade, Finland would be an unmitigated disaster for them.

Clickbait title. It means arty can’t be spent on groups of 2 or 3 troops, not that Ukraine’s artillery is “Forced to stop shelling Russians”.

This will be spun in Russia to give Russians the sense that they are winning, and that will make like politically that much easier on Putin.

Moral of the story: when you invade a sovereign country, make sure you have political influence over its allies, enough that if they win political control in their election you can prevail on them to cut funding to support those allies.

Also moral of the story: don’t vote for Republicans, they’re the modern version of Nazi sympathizers in the run-up to WWII that “didn’t want the US to prolong the war in Europe” and that really just meant they wanted to live in a world run by fascists like them