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Joined 2 years ago
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Cake day: July 27th, 2023

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  • I wonder at what point Powell decides he should raise rates. Trump has already been publicly stating he wants them lowered faster and how he also wants to fire Powell but it’s not clear if he will be (legally) able to.

    Last I saw there was a court case making it’s way up the courts to overturn a legal precedent regarding the executives power to oust members of independent boards so it’s technically possible he will be able to legally oust Powell and install a lackey if the supreme court decides to throw out existing precedent. I think you’re right and both global markets and the dollar will reel if that happens. The fed is supposed to be independent and that obviously is not the case if Trump can fire anyone who doesn’t do whatever he asks.

    The supreme court seemed to grow a spine on the Kilmar case so maybe they’ll continue to have one when this case makes its way up.















  • Thanks for writing an essay so I no longer feel the need to lol. I hope your post gets more visibility.

    I fucking hate advertising. I want it banned to the greatest extent that we can do so. But if we want actual change, it needs to be a lawfully applicable strategy. We don’t need to make the perfect the enemy of the good. Banning ads for medication is a great start that everyone can agree on for instance. We should work up from there.

    The most insidious stuff is the content you don’t even realize is an ad, like comments and methods of boosting/lowering visibility on social media. That is a thorny issue.


  • This is a new phenomenon here in my experience, the cynic in me says this is ad companies trying to control and shut down the conversation as Lemmy grows. Better to have your opposition not have a realistic and feasible route to their goals.

    It reminds me of how close the US was to actual police reform before all the discussion became “defund the police entirely” like that was going to just suddenly fix everything and cause no other problems. Then the whole movement just basically evaporated.