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If Government Can Print Money, Why Does It Borrow? | Levy Economics Institute
Recently, the neglected question of why the US government borrows, given that it can print money, has arisen in the context of discussions surrounding a new documentary, Finding the Money. As L. … Continue reading If Government Can Print Money, Why Does It Borrow? | Levy Economics Institute
Finding the Money – There’s another side to the national debt.
New documentary that explains how money works and how pretty much everyone today gets it all backwards. Source: Finding the Money – There’s another side to the national debt. Continue reading Finding the Money – There’s another side to the national debt.
Vermont senator Bernie Sanders introduces four-day workweek bill
Independent lawmaker says it’s time for workers to have a better quality of life with a 32-hour workweek without loss of pay Would be nice and might even be more productive! Source: Vermont senator Bernie Sanders introduces four-day workweek bill | Bernie Sanders | The Guardian Continue reading Vermont senator Bernie Sanders introduces four-day workweek bill
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Facebook makes big show of kinda ending facial recognition
But make no mistake: Facebook’s parent company, Meta, is not out of the facial recognition game. Big announcement that Facebook is ending Facial Recognition and deleting the data they have. That doesn’t mean they won’t be starting it right back up when they move to 3D worlds with Meta! Duh! Besides, TikTok … Continue reading Facebook makes big show of kinda ending facial recognition
The true, Terry Pratchett-esque origins of the trillion-dollar coin – Cory Doctorow
The debt ceiling debate is genuinely absurd: Congress authorized the spending of new dollars, so the Treasury has to create them. For Congress to turn around and force the Treasury not to create the dollars it ordered the Treasury to create is an obvious political gimmick. Hence the trillion dollar coin… Now … Continue reading The true, Terry Pratchett-esque origins of the trillion-dollar coin – Cory Doctorow
The guy behind “Mint the Coin” to end the debt ceiling: The trillion-dollar scheme, explained by its inventor – Vox
Instead of issuing new debt and running afoul of the debt ceiling, the Treasury secretary could simply fund the government by minting platinum coins. In 2013, even former US Mint Director Philip … Continue reading The guy behind “Mint the Coin” to end the debt ceiling: The trillion-dollar scheme, explained by its inventor – Vox
Here’s a Simple Way to Make Facebook Less Terrible – Bloomberg
[Facebook Whistleblower] Frances Haugen’s suggestion to switch feeds back to chronological order could change everything. Haugen suggested a few remedies, some of which we’ve heard before, such as reforming Section 230 protections against legal action. … Continue reading Here’s a Simple Way to Make Facebook Less Terrible – Bloomberg
YouTube’s Ban on Misinformation
And why it isn’t about us. …for a selection of high-stakes issues that could lead to real world harm, internet companies may need restrictive rules. We should be wary of happily silencing voices we don’t like in the public sphere, because we are conditioning ourselves to accept that silencing as the way … Continue reading YouTube’s Ban on Misinformation
Can YOU Fix Climate Change?
Best video yet about climate change and what can be done. Very much worth watching! Source: Kurzgesagt – In a Nutshell – Can YOU Fix Climate Change? Continue reading Can YOU Fix Climate Change?
China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced
China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced (Financial Times) Could it be that something similar … Continue reading China is cracking down on pessimistic financial blogs and social media accounts, as well as fraudulent ones; analysts worry independent voices will be silenced
America has $1.73 trillion in student debt—borrowers from these states owe the most
Not all states shoulder the same share of the student debt crisis. This is preventing graduates from being able to do the things their parents did, like buy a home. The government could wipe this debt out with a keystroke if it wanted to. It’s time to take this option seriously. Source: … Continue reading America has $1.73 trillion in student debt—borrowers from these states owe the most
20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian
Livestock companies with large emissions receive billions of dollars in funding, campaigners say But people love their meat and dairy! Source: 20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian Continue reading 20 meat and dairy firms emit more greenhouse gas than Germany, Britain or France | Meat industry | The Guardian
Climate Change Is Bankrupting America’s Small Towns – Slashdot
“Rather than bouncing back, places hit repeatedly by hurricanes, floods and wildfires are unraveling,” reports the New York Times. “Residents and employers leave, the tax base shrinks and it becomes even harder to fund basic services.”That downward spiral now threatens low-income communities in the path this week of Hurricane Ida and those … Continue reading Climate Change Is Bankrupting America’s Small Towns – Slashdot
Dutch cities want to ban property investors in all neighborhoods
The large municipalities in the Netherlands plan to make wide use of a legislative amendment that will allow them to designate neighborhoods where investors won’t be allowed to buy cheap and medium-priced homes and rent them out, NOS found after surveying the municipalities. This legislative amendment is expected to take effect on … Continue reading Dutch cities want to ban property investors in all neighborhoods
Fears for future of American journalism as hedge funds flex power
Financial firms control half of US daily newspapers as pandemic worsens industry’s plight Hedge funds are literally taking away everything that’s good in this world, from buying up all the private homes thus destroying the American dream to buying up all the local news outlets, thus destroying democracy. Source: Fears for future … Continue reading Fears for future of American journalism as hedge funds flex power
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