2,569 karma · joined March 20, 2009
Obviously, this will never happen. The reason the USD is so popular is because it is a stable and fungible currency. Those are the exact opposite characteristics of the renminbi.
China adopts a 'closed' capital market system, meaning companies and individuals are not free to move money in or out of the country, except in accordance with strict rules set down by the Chinese government.
The Chinese government has even imposed daily withdrawal limits on its citizens and their bank accounts.
Why would anyone opt to replace a fluid currency like the USD with one that is tightly controlled by a government?
One thing to consider, over that period of time, electricity tariffs will most likely go up, meaning that R.O.I. will end up being less than 9 years.
And why do Australians think governments should fund the building and upkeep of federal highways? Why can't we leave that up to private enterprise?
Surely the best option is to make sure every public road is a toll road. That Liberal Party approach to road building has worked great in NSW.
Toll Holdings is now one of the most profitable companies in the world, thanks to a Liberal NSW government turning every major NSW 'public' road into a Toll Holding toll road.
That's how good government works, making sure the public pay tooth and nail for a 'public' road as that helps out the donors and the shareholders.
What she wrote in her paper describing that experiment was the heat rise happing in the jars fill with CO2 could also happen to our planet.
“An atmosphere of that gas,” she noted, “would give to our earth a high temperature”.
So, the science describing this phenomenon is nothing new. When it comes to the science, there is no longer any doubt.
From my very limited OAuth knowledge isn't this how it works:
1. The Harvest application asks Microsoft to verify a user. 2. The user is verified by Microsoft. 3. If the user verification is successful Microsoft redirects back to the callback URL, passing back the access token inside the body of the response message.
In this case hasn't the writer of the blog just created a hand-crafted URL so that the return is back to example.com rather than the actual return URL?
Nearly every public facing industry lobbies Congress to protect their industries at the expense of the USA citizen.
One of the worst offenders is the US drug industry.
In Australia, our government can buy the exact same US drugs at a 79% to 306% (the average is 149%) discount to what American citizens have to pay. This only happens because or government barters with these pharmaceutical companies and gets a massive volume discount.
Thanks to Congress, these exact same volume discounts are not allowed and in fact there are laws in place that forbid the US government asking for any form of volume discount. This means USA citizens pay way over the full price for their prescription drugs, thanks to restrictive laws designed to hurt the US citizen and protect these companies.
Biden finally managed to force Congress's hand and soon the US government will be allowed to barter for a better price, but he only managed to get a change that happens in 2026. For the next two years American citizen will still be getting ripped off by these drug companies.
What is worse, most of the America population doesn't even realize Biden managed to bring about these changes, and no doubt should the GOP win in 2024 there's a chance those law changes might be reversed.
I have a good idea which candidates these drug companies will be supporting in 2024.
Elon seems to be trying hard to break that rule, as he seems to be working to achieve all of this in a single generation.
Un-adjusted 12-mos.
ended Jun. 2023
3.0%
I'm pretty sure the last reported USA annual inflation figure was 4%.The 'Shelter up' in the comment refers to this statement found in the report:
The index for shelter was the largest contributor to the monthly all items increase, accounting for over 70 percent of the increase
That means rents are still going up and they also account for the largest rise in monthly inflation.
As an example, consider the new Olkiluoto-3 nuclear plant built in Finland. That reactor was commission just a few months ago, but its build was 12 years behind schedule. The delay to that project saw the original 3 billion Euro price tag more than triple with a final cost closer to 11 billion.