[-] n0m4n@lemmy.ml 1 points 2 months ago

My realization, now, was that they did. I was too clueless on picking up cues to realize it.

[-] n0m4n@lemmy.ml -3 points 8 months ago

Putin is as far as one can get from Mandela.

[-] n0m4n@lemmy.ml 1 points 10 months ago

Write a note to let that person know how valuable and wonderful a person that they are. Using specific examples is good. This isn't the time for vague platitudes. I would tie any gift in with how much they have done for others, and how deserving they are.

[-] n0m4n@lemmy.ml 0 points 1 year ago

The Budapest Memorandums disprove your argument. Long before Russian invaded Crimea, much less Ukraine main, a peace plan with a promise to never invade was given by Russia. Russia lied.

https://web.archive.org/web/20140317182201/http:/www.cfr.org/arms-control-disarmament-and-nonproliferation/budapest-memorandums-security-assurances-1994/p32484

https://www.nytimes.com/2022/02/05/science/ukraine-nuclear-weapons.html

[-] n0m4n@lemmy.ml 1 points 1 year ago

Taxes take the money out of circulation, and the government AGAIN spends the money. It is two transactions. This technicality is important. Following where the money goes and the steps that it takes to how it gets there is how you get some understanding of economics. Government bonds are the safe haven in that largely stays even with inflation. That funds the government in a large way. Taxes, to an increasing degree, pay the interest on that debt. The interest rates set by the government set the interest rates of corporate bond, of the giants to the little consumer rates by risks taken. These, together, fund loans, which fuels America's economic engine. High interest means slowed growth. Low rates spurs growth.

[-] n0m4n@lemmy.ml 0 points 1 year ago

Gold is a shiny bauble material, but never grows. It can be a good investment for that part that you want to put aside and will just sit. Bitcoin is invaluable for money laundering, but very unstable for saving/investing. Look at how many have been fleeced when someone gets their keys, or lost their coins by a hard drive failure. It is costly in electrical use to mine.

There are far better things not tied to the value of a dollar. I would suggest very low-fee indexed mutual funds as one better alternative. They offer an accessible way for people to get a share of the means of production. My experience is that for people who can can learn to not be ruled by fear or greed can, over time, build enough wealth to live better lives.

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n0m4n

joined 2 years ago