gastationsushi
@gastationsushi@lemmy.world
- Comment on Nearly half of cancer patients have more than $5,000 in medical debt, even though most are insured 6 months ago:
I pay over $12k in insurance premiums a year. My child has to spend the night on the general floor because the ER wouldn’t let him go home after what ended up being a minor pneumonia. We only saw the nurse once, liw acuity, respiratory techs only giving him inhaler puffs, probably the healthiest kid in the hospital. Got a $17k bill and they wanted over $4k from me after insurance.
Also found out if they didn’t charged my insurance first, my total bill would qualify for 90% off. But that is a double edge sword because my insurance has a max out of pocket each year. The US is broken y’all.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
Google Japan’s inflation and gdp vs debt ration since the 90s. Why are they more afraid of deflation than inflation.
Russia is under sanctions and is waging a costly war. They managed to drop their inflation and grow their economy with higher government spending.
Countries will all face economic issues at times, but inflation due to government spending is not something leaders of rich countries actually worry about.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
There is not much evidence that a rich country growing deficits* causes inflation. Russia and Japan are recent examples.
*growing deficits = throwing money into the economy
Markets are real as in they exists and the free market was a historic idea used by capitalists to explain why the 19th governments shouldn’t interfere with them. But as a consumer living in the 21st century, the free market might as well be a fairytale. But if you still believe, who am I to bring you down.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
What caused receny inflation? That is easy. It’s caused by many things including supply chain disruptions, lack of competition, war, and non-existent government oversight.
Whatever the reason, they are making more money and workers are producing more than any time in history. So back to your point, companies need an excuse for their price gouging. The money supply is their biggest scapegoat. They also blame theft and high wages. But none of those arguments hold up to scrutiny.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
Does this contradict what I’ve argued? I’m not seeing the connection
You originally made the argument about spending and inflation. It implies money is limited resource to a central bank.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
What they tell us about money is often propaganda. My understanding about what money is changed after I realized:
A) Money is not fair, it will never make a lot of sense because the leaders who control a currency always use it to their benefit. It can take Americans tens of thousands if not hundreds of thousands of hours of labor to make a million dollars. But an ex politician / government official can earn that from a handful of 30 minute speeches.
B) Taxes never fund a government. Taxes are one of the tools to create demand for a currency. But a government creates it’s own currency, why would they need tax revenue when they are the ones creating money? This would be like saying we can’t mail anymore because we ran out of stamps. The limiting factor for how much we produce is manpower, never money.
- Comment on All the data so far is showing inflation isn't going away, and is making things tough on the Fed 6 months ago:
Government spending is doing some heavy lifting here.
Yeah, if you are Zimbabwe and you are minting your currency like there’s no tomorrow while all your debt is in USD. Your currency is at a huge disadvantage and you’ll hit trillion bank notes in no time.
Rich countries trade massively while having other countries hold their debt. This makes rich countries are literally too big to fail in our capitalist system. As long as a rich country is growing their economy they can mint as much as they want.
Japan are taking this to extreme levels because they are fighting deflation from an aging population. Russia had double digit inflation because of Western sanctions, but they literally spent their way into single digit inflation with their war economy.
This “fiscal responsibility” from conservatives is actually hurting the US economy. The only inflation the fed is fighting rn is high wages for workers. Don’t fall for the propaganda.
- Comment on Finance guru Dave Ramsey slams 'awful' Gen Zers and millennials who live with their parents: 'They suck. They can't buy a house because they don't work' 7 months ago:
Ramsey is allowed a large platform because he kept to the script of never blaming real power for societies woes. But I wouldn’t even call this propaganda, it’s just older generations being assholes to younger ones. Nice world he’s leaving his family.
- Comment on TurboTax maker Intuit spent millions in record lobbying blitz amid threats to tax prep industry 9 months ago:
Tax payers aren’t the customers. Intuit is the customer here and they are buying income streams from politicians. It’s an artificial and unnecessary system.
- Comment on Amazon’s Twitch to Cut 500 Employees, About 35% of Staff 10 months ago:
I heard from a bigger streamer. But I started believing it because feeds degrade lot more than YT. I constantly get connection issues more than any other streaming service.
I’m vested in some of these smaller streamers, so I don’t want them to lose their income. It feels like twitch is exploiting this sentiment because I’m not alone.
- Comment on Amazon’s Twitch to Cut 500 Employees, About 35% of Staff 10 months ago:
Twitch is run like a private equity acquisition. The rates they are forced to pay their parent company, Amazon, are above market value. Twitch’s services will get worse and worse for both streamers and viewers until all the equity is sucked dry. Late stage capitalism y’all.
- Comment on New evidence confirms COVID-19 vaccines are overwhelmingly safe 1 year ago:
Misinformation works though. Antivaxer are rentlenless and they are always releasing studies to prove their lies. Combine that with social media algorithms that love controversy and this shit gets deadly.
To put it in perspective, the USA could easily have more people die of covid this year than fentanyl ODs but everyone is acting like the battle is over.
- Comment on LinkedIn lays off 668 employees in second cut this year 1 year ago:
The LinkedIn employees on Blind (an anonymous social media site for tech workers) are beyond pissed, no justification for this beyond greed.
- Comment on Firefox will have a built-in ‘fake reviews detector’ — Amazon is in trouble 1 year ago:
Yep vines, never paid attention to them until this happened.
Are they all fake or something?
- Comment on Firefox will have a built-in ‘fake reviews detector’ — Amazon is in trouble 1 year ago:
I bought an 4.7 rated amplifier on Amazon that broke the first day. Looking at the reviews closer, I noticed they were 100% paid reviewers.
When I tried to leave a negative review, Amazon stopped me, giving a generic message about fake reviews on this product. This product is still out their with a high rating and no way for actual purchasers like me to warn other customers.
- Comment on Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm 1 year ago:
Seriously bro, I live in a red state and I can’t ever remember a single conservative defend Amazon’s right to act like a monopoly.
I thought everyone agreed, the company is total shit after 2020. Do you own their stock still or are employed by them?
- Comment on Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm 1 year ago:
Because demand based prices is manipulative bullshit from corporations.
In Oklahoma during that 2021 winter storm, demand based pricing charged power companies billions for natural gas, this in turn caused rolling blackouts until Oklahoma disconnected from the Texas. The charges were over 100x the normal rate, consumers are still playing for that winter storm with an extra surcharge which I’m guessing will stay there for a long as time.
Mind you this was caused by Texas based energy companies cheaping out when they deployed their infrastructure. And these same companies either get bailed out by the people or get windfall profits for fucking up. There is no justification for this type of pricing model.
- Comment on [deleted] 1 year ago:
This would be bad if lemmy had a board trying to push an IPO.
- Comment on Journalist asks GM CEO Mary Barra about $29 million paycheck after UAW strike — On average, the Detroit Three's CEOs are making 40 percent more today than they did four years ago 1 year ago:
But language is how they lie to us and make it seem things are fair. In reality capitalism means all the trillions minted each year by our federal reserve flows to industries and not the people.
Look at it this way, if the federal reserve cutoff loans to banks who service the auto dealerships, the auto industry would collapse. The biggest industries would be severely hurt if not bankrupt without their connection to government and the federal reserve.
Why can’t people get that for direct access to federal reserve minting to start their own business, pay for their education, or buy a home? They can’t because people are the cattle that capitalists need to exploit.
- Comment on YouTube suspends Russell Brand from making money off his channel — The suspension comes following the publication of rape and sexual assault allegations against the British star 1 year ago:
These fucking red pilled incels. Yeah, they can overrun any comment section, but get them in the real world and they scurry back to the shadows roaches.