• 0 Posts
  • 45 Comments
Joined 2 years ago
cake
Cake day: June 16th, 2023

help-circle




  • Yes, inequality is increasing in the US.

    But I don’t really get how that relates. Anyway, may point is that if you bracket the tax at high enough incomes, maybe not even a 99% marginal tax rate will suffice for making rich people move away. Those people are rich, they don’t care about spending some money to live where they want.

    The same is not true about the poor, by the way. It’s easy to tax them so much that they leave.

    And Laffer focusing his work on the rich was the cheapest and most plain sell-out on the academic history.





  • You have some of the world’s cheapest electricity wholesale. You also have a huge variance in prices to end-user, with the people that complain on the internet being among the most expensive in the world… because, of course, people that get cheaper prices don’t complain.

    Also, yes, electricity in Germany is expensive as fuck.








  • marcos@lemmy.worldtomemes@lemmy.worldSheeple
    link
    fedilink
    arrow-up
    1
    ·
    17 days ago

    It’s hard to cause a large gas explosion by carrying a flame. Gas tends to diffuse, so you get small explosions that dissipate the problem before you reach the large concentrations.

    That said, “hard” does not mean “impossible”. History is full of counterexamples. But it is much easier to make trouble by igniting the flame after you are inside.





  • Once people start to openly justify the bubble by the rationality of the greater fool theory, they tend to pop very quickly.

    This time things are different in that there is an actual caste of people with infinite money that can only pop one bubble if they inflate another one (or if the government stops giving them money, but I wouldn’t bet on that). And there doesn’t seem to exist anything big enough to take all that money. So it’s hard to imagine the bubble popping mechanics working here.