Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
My thoughts are that China is no longer recycling their profits into US treasuries, and the BRICS countries seemed to be heading down the same path. The US cant sustain high interest rates and needs people to buy this debt, hence there is a lot of talk of tariffs and a "green new deal" type of tariff system on emissions in order to derive additional revenue without increasing taxes on citizens. Citizens want entitlement programs that are ponzi schemes that have already been spent long ago, but they dont want additional taxes, and so you need a scheme to get around their votes.
The same thing happened after the great depression where they rebased gold to a lower value after confiscating it, and some speculate it created an environment ripe for WWII. Our system of printing money tends to increase aggregate demand while misallocating capital, like houses in 2008, and thus it ends in suffering.