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jeezfrk

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This has a lot riding on a fallacy.

Interest rates in fiat currency, these days, are not due to scarcity of lendable funds. Saving rates by consumers actually are just a low-risk or high-risk form of rent seek8ng., depending on the economy.

There's no world these days where a vast amount of collected wealth by a few makes credit suddenly cheap for all consumers.

All wage earners will still be able to drive up inflation if they demand goods that are not able to keep up easily... therefore pressure to save (to not take out debt) will raise interest rates fine by itself.

Unless we are talking about fiscal-based government spending (and interest on fiscal debt), no increased access to credit will become "better for all". Businesses can absorb all the credit offered during good times and consumers may see none.

Business failures will suddenly dump some assets on the market at fire sale prices, but a lost job makes those fire sales of little solace.

The important point is what a deserter would use as logic when asked "What if everyone gave up and only responded to selfish fear?"

Then, sir, it would be foolhardy to contribute any part to that service because soon it will all collapse.

That's, in a historically commonplace fashioned see today, is what the top 10% are doing when seeing the top 1% abdicate all responsibility.

Low or no taxes? Sounds good ... but it's going to burn down soon.

Current AI degrades totally unlike human experts. It also, by design, must lag its data input.

Anything innovated must come from outside or have a very close permutation to be found.

Generative AI isn't scary at all now. It is merely rolling dice on a mix of other tech and rumors from the internet.

The data can be wrong or old...and people keep important secrets.

Nihilism solves so much nothing.

A million more layers of "freeing" yourself and you are back to where you started every time.

An ape granting all impulsive choices the ability to undo anything long-term at all.

Futility is a real thing for some dreamers to accept... but plan-less-ness is not freedom.

It is bondage to short-sighted repeated failure.

It would be quite useful to protect other code from that.

It could easily be a compiler-based protection: any opcode that can generate it from two/one normal input must be checked for normal results.

This is similar to how C++ gives few guarantees but "new" and "this" never give null or unallocated values.

Ludum Mortuus Est 2 years ago

Making those with money able to buy more tomorrow than today will make all sales plummet... all real needs go unmet and all efficient loaning of money cease.

Holding your breath will leave more oxygen for whoever survives .... but there won't be as many who need it left alive.

Deflation is deadly unless you worship coins as the only valid measure of economics.

So there's no private activities and coordination outside of government that later become criminal or even legal-but-consequence-free actions?

Great Recession? Hidden pricing cartel systems in insurance and finance? Huge subsidies and protections to "help business" with no press to cover its failure?

Info is suppressed by flooding and distraction far more than by conspiracy theories' spawn.

Democrats of these days call everything "tainted". That movement has only interest in defining flaws as inherent.

None want to burn it all down. This is for genuine fear of those who want fascism to encourage mob violence, discrimination and deny law and order to minorities.

Puritans are not the anarchists in this story. Little Nazis are trying to normalize revolution and idol worship as somehow universal.

Lying to kill the constitution is their main tactic.

Complex teleological hierarchies of followers of many types of worlds have been around since the Gnostics before Christ.

If it is elite warriors, or philosopher-magicians or kings or emperors or gurus, many earlier faiths and ideologies have supposed a superior plane of existence for their "type" of believer.

We do (in reality) have nations, classes, cultures and maybe one could say secret societies that live blessed lives by some design. Some "animals" are more equal than others. Still, I would venture luck has a far bigger role in their favored status in this material plane.

By this reasoning ... extreme actions (without a genuine benefit in a 2 or fewer generations) ... are usually done by cults.