266 karma · joined June 18, 2018
Soybeans are so inconsequential to this, in the larger picture of things. Sure, it sucks for farmers.
Would you rather have rich soybean farmers and a social credit score assigned to you personally for posting your opinions openly?
However, the western executives that signed those deals, have long made their massive bonuses, it's all been paid out and some of those execs probably even retired. What do they care?
Such a great way to raid the company you manage at the expense of shareholders/employees.
They then exchanged them for the USD they now hold.
As for infrastructure/whatever, SNB then went on a massive shopping spree in equities, ~100 billion or so.
They must be the absolutely best managed central bank in the world.
Do you really think the SNB couldnt print a quadrillion franks tomorrow and drive it into the ground if they wanted to?
They must have thousands of key decision makers in the West in their pocket.
They just won't enforce anything, unless it's to their own benefit, been that way for decades.
This means US consumers will now have 50% discount on all Chinese goods, or a 50% tax on exactly the same US goods.
Terrible for US manufacturing.
It's rather very simply to devalue your own currency - just run the printing press a bit more and flood the market with freshly "printed" zeroes.
How do you explain much lower homicide rates in different US states, many on par or better than "every other first wolrd country?
If you drill down deeper, by county level, or even more granular - the picture becomes much clearer still. You should research it, see what variables drive it, instead of arriving at conclusions without any data.
Why do such discrepancies exist, sometimes literally across the street?
The problem is much more complicated than "guns bad".
It's all about eyeballs.
Ordering someone to shoot you? Aka "clear and imminent threat" ?
What then?
The roots are firmly in the meatspace.
The seed was planted well before he know what 8chan was.
You make it sound it's almost like terrorism didn't exist before the internet.
All of this rooted in meatspace. The so called "social defeat".
How often do you see successful people that have a fullfilling life go on rampages?
Good luck thought policing thousands upon thousands of journalists, each of them has an incentive to defect and get more eye balls that competition, and make more money and name for themselves.
Never going to happen, until we have full blown censorship and you only read double-plus good happy time stories.
Is that what you really want?
Do you think it would take less than 9 hours to pour some diesel fuel on fertilizer and flatten the entire WalMart?
People will just move on to other weapons: knives, bombs, etc.
Norway has very restrictive gun laws. Breivik managed to get enough fertilizer to make a bomb that was mostly a distraction, but still sent 8 people to grave and injured hundreds.
UK is having a knife problem: https://www.bbc.com/news/uk-42749089 https://www.bbc.com/news/uk-48186035
You are at 10x higher chance of death by vehicle.
The -only- reason it is seen as a tragedy because people feel those deaths were somehow avoidable.
Unlike Fruit of the Loom underwear, you can't get 12-pack of NYC or Paris next day.
A land value tax is does not cause economic inefficiency, and it tends to reduce inequality.
https://www.economist.com/free-exchange/2015/04/01/why-henry...