2,219 karma · joined November 16, 2009
Also this paragraph from the linked article suggests that the 0.7% figure does not include means testing:
Indeed, universal participation and the absence of means-testing make Social Security very efficient to administer. Administrative costs amount to only 0.7 percent of annual benefits, far below the percentages for private retirement annuities. Means-testing Social Security would impose significant reporting and processing burdens on both recipients and administrators, undercutting many of those advantages while yielding little savings.
Sounds an awful lot like deskilling, so hopefully the labour concerned has an exit strategy.
You wouldn't happen to have a source supporting that would you?
https://peertube.ch/videos/watch/dcad56d9-9fe6-45bc-96aa-3d7... (1 min. long demonstration)
Even with that level of detail on the backend, there's no need to expose it all the user by default. That is, you could tell the user about group various related events together (eg. mouse, page load, etc) and power users could also drill-down if they like.
Not necessarily - especially if people are hoarding cash!
See Sal Khan's video, Deflation despite increases in money supply.
https://www.khanacademy.org/economics-finance-domain/macroec...
Do you have any credible sources on that?
What's your source on that though?
* currently the Jitsi Meet videobridge sees unencrypted conversations
* they're changing that using a new WebRTC API called "Insertable Streams"
* it's currently in alpha with an open RFC
* they plan to use the double ratchet algorithm for key exchange in the future