It’d called the Phillips curve, they created a labor shortage via QE. Then to entrench asset price inflation they did higher than normal immigration.

Here’s a paper on it, which outlines how wage pressure is normal, and is desirable to reverse the wealth inequality caused by asset price inflation.

https://www.ecb.europa.eu/press/conferences/shared/pdf/20151217_4th_conference_hfcs/Adam_Tzamourani.pdf

Germany decommissioned their nuclear plants for being scary with wind apparently being the future despite not having 100% uptime, and then spent a half a trillion dollars trying to generate power when they got cut off from Russia.

While all this is happening they lower barriers to immigration to depress salaries to try to counteract the inflation they caused, then you wonder why people are turning to the right. If I lived there I’d be miserable as well, these people running the country are incompetent. Trying to ban political the party for anti-immigration and trying to link them to the nazi party and is further idiocy, the party was created when Germany brought in a million poor refugees. If Germany managed integration better it would not even exist, there should just be a cap on country of origin like the US has, Germany does have a culture that is worth attempting to maintain.

What do we do, set our inflation target to -2% instead?

I Learnend discrete math, got an A, didn’t learn a damn thing.

Like a war on terrorism, that then fights domestic terrorists, that then protects Tesla; any new power will inevitably be abused. Snowden taught us that a long time ago.

Well productivity is a good thing, I think the problem is the incentives. Their government essentially funnels all the money to their elderly via monetary policy, and the youth get the table scraps.

In server 2025 its gone I think.

I can barely even set a static IP on Windows Server these days. I wiped out a partition the other day as well since the UI is so slow, its like it’s using a REST api to do partitioning.

Thundermail is coming soon. By Mozilla.

People can believe Tesla is worth a huge premium but are skeptical of the price of bitcoin, as if the financial system isn’t all make believe.

Great news.

His wealth isn’t real, its Tesla stock. Hence why he bought twitter.

Who did Zuck stomp on?

I think its because deflation is when the money supply is contracting and less debt is being created, so asset values begin to be valued at their actual value instead of their inflated nominal value, and people are no longer encouraged to attain the cantillon effect that drives up asset values.

Which an inflated nominal value then causes more consumption via the wealth effect, and the misallocation of capital known as the business cycle, that requires bailouts via money printing in order to debase people on fixed income which provides riskier debt issuance and more innovation.

On X86 only I think.

Now we can export our chip production to China as well, just as we did all the other high paid union jobs.

Like what, some kind of parenting?

Which itself is a gimmick, they’ve just made the gates taller, electron leakage would happen otherwise.

Well I’ve just read Afd supporters posts about immigration. As far as being good or bad for the economy, I guess it depends if you hold assets that get inflated.

A landlord will definitely benefit, and that will definitely grow GDP; which left leaning people used to care about the poor rather than worshipping at the god of GDP. The fear of their own kind calling them a racist may have defeated that.

Destroy the poor, and maybe the fallout will fix the repercussions. Is that the plan then.