• 9 Posts
  • 481 Comments
Joined 2 年前
cake
Cake day: 2023年11月19日

help-circle







  • Making a reserve does seem like a more sensible approach than a unified currency, but there is still the question of who issues the currency and with what rates. It seems somewhat unnecessary (given my admittedly amateur knowledge) to create a new currency.

    Setting the rates too high on the currency will stifle investment, while setting the rates too low will make using the currency unappealing. The problem is that the “ideal” rate differs depending on the profit rates in each country (which diverge significantly from each other).

    trade with one partner does not create an obligation to you since they do not gain a reserve of your own nation’s currency but of a currency acceptable to all members.

    I mean, the obligation still exists. The obligation is just to BRICS as a whole instead of one country. I guess that might be a nice benefit.





  • The graphic design of the bill is wack (complete lack of symmetry with the landmarks. Some start at the inner circle which looks nice, some start at the outer circle, like the taj mahal, which looks out of place as a result).

    But a unified brics currency is just a bad idea and replicates the problem of the euro and the usd. You should only use a united currency for an economy under a common economic plan.

    The level of inflation and interest rates on a currency that are good for a currency depends significantly upon the country. Basically, if N countries combine their currency, you go from 2N levers (interest rate and reserve requirements for each country) to just 2 levers (1 rate and 1 reserve ration for all countries). Capitalist economies already have trouble moderating economic activity, reducing the available controls is not ideal. This is pretty much the problem the EU faces.

    A much better idea would be a unified brics payment system, with 0 foreign exchange fees and real time conversion. This would give you the benefits of a unified currency (each cross border payments) while still allowing countries to diverge on monetary policy.




  • My logic (I don’t live in the us but for the sake of argument, let’s pretend I do) is that if a politician can commit a livestreamed genocide, and they win the election, it signals to politicians that there is no line they can cross that will make their campaign unviable.

    It would be more ideal if the Democrats could have been punished for their war mongering years ago, but you never punish your representatives for crossing even the most egregious possible line, then you truly don’t have any power over them and have fundamentally given up.

    If tommorow, even 10% of the dems indicated in polls that they would not vote for kamala because of gaza, it would force the DNC to take a stronger stance on the issue because the race is too tight. If this had happened many months ago, the Democrats could have been forced in giving concessions. But the Democrat voter base has made sure that the demmocrat party has no need to give concessions. They have used themselves as meat waves to ensure that the genocide can continue smoothly.


  • Sodium_nitride@lemmygrad.mltoScience Memes@mander.xyz...
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    1
    ·
    1 年前

    Some academics became liberals after having flirted with Marxism. This is relevant why exactly? I mean, I can cite many great minds who remained Marxists and even advanced the theory. Ever heard of Paul Cockshott? Alan Contrell? David Zachariah? Emanuel Farjoun?

    These guys (and some others) actually worked on Marxist economic theory and modernized it. They lived through the collapse of the USSR and remained steadfast in their beliefs. And I haven’t talked about countless other minds in anthropology, history, contemporary social studies and philosophy who have used dialectical materialism as a foundation to achieve great results.

    And so I want to emphasize something.

    every single one of them gave up and became an egalitarian.

    Is blatantly and literally false.


  • I can perform a completely independent experiments in my house.

    And I can scream into the abyss, it’s just as relevant. The absolute majority of actually useful and relevant science is performed socially for social purposes.

    I make a hypothesis that my stove can boil 1L of water in 10 minutes.

    You aren’t even supposed to do a scientific experiment in the way you have just described. Or rather, there is neither a universally agreed upon scientific method, nor would your described experiment hold up to any standards.

    An actual scientific experiment into water boiling would involve at the minimum

    1. A model predicting the speed of boiling based on relevant variables
    2. A collection of many data, and preferably corroborated by independent sources
    3. Statistical analysis of the data (there are many methods to choose from) to gauge confidence in the model.
    4. Publishing or proofreading of the results.

    However, at each of these steps, you have a choice of how to approach the problem. And this depends on what you are trying to do, and what the best standards in the industry are. The process has also changed over time.

    And this reveals the problem of many people’s metaphysical approach to science. They treat it as if it were a platonic ideal, or floating constant in the human minds pace. In reality, “science” is an industry with its ever-changing standards, culture, interaction with the rest of society, and a million other complexities.