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Inflation is not growth in the money supply, money supply is one way that inflation can occur, but the basis of inflation is the increase in nominal costs of everyday prices.
utopianfiatto World News@lemmy.ml•NSA finally admits to spying on Americans by purchasing sensitive dataEnglish71·1 year agoHonestly I don’t see why buying data on the open market is illegal. I think it shouldn’t be legal to sell it but it is. I’d prefer nobody have access than the NSA pretend they don’t see what anyone else can buy.
utopianfiatto politics •Biden is ready to turn the page toward a face-off with Trump. His path to re-election won’t be an easy one as he faces a party that would have preferred a different candidateEnglish25·1 year agoHe’s getting a lot of votes for someone we didn’t want.
utopianfiatto politics •Biden is ready to turn the page toward a face-off with Trump. His path to re-election won’t be an easy one as he faces a party that would have preferred a different candidateEnglish74·1 year agoBernie couldn’t even win the Democratic primary, how was he gonna win the general?
utopianfiatto Not The Onion•Oklahoma proposal would make watching porn a felony, ban sexting outside marriageEnglish221·1 year agowhat
utopianfiatto politics •Stunning Republican Probe Finds 4,000 Missing Votes From Trump-Biden Election — Votes TAKEN FROM BidenEnglish32·1 year agoThey’re still claiming they didn’t steal 2000 from Gore
utopianfiatto politics •Biden says US does not support Taiwan’s independence following electionEnglish6·1 year agoBecause you only get one message. There’s no way to speak only to one group of people.
utopianfiatto News•A Florida hotel cancels a Muslim conference, citing security concerns after receiving protest callsEnglish153·1 year agoThe losers are the rest of us who can’t live freely because of the threat of right wing terrorism
utopianfiatto World News@lemmy.ml•Russia Regains Upper Hand in Ukraine’s East as Kyiv’s Troops FlagEnglish289·1 year agoBecause it’s not a conspiracy theory - there was an impeachment trial about this.
utopianfiatto News•Neo-Nazis in the US no longer see backing Ukraine as a worthy causeEnglish7·1 year agoTheir evidence of Nazism was Ukranians asserting a separate identity and language from Russia. It’s tantamount to calling Native Americans Nazis for protesting forced assimilation.
utopianfiatto News•Neo-Nazis in the US no longer see backing Ukraine as a worthy causeEnglish9·1 year agoCorrection, their opinions are worthwhile to the extent useful to obliterate their ideology from the planet
utopianfiatto News•Neo-Nazis in the US no longer see backing Ukraine as a worthy causeEnglish15·1 year agoSeriously, no sincere white supremacist genuinely thought Zelenskyy’s administration was sympathetic to their cause. Neo-Nazis are Putinists through and through.
utopianfiatto politics •Trump promotes 'totally baseless' birther conspiracy theory against Nikki HaleyEnglish10·1 year agoHonestly this is great though. The GOP should be bombarded with this fact for the entire primary, make sure Haley supporters never want to hold their nose in the general.
utopianfiatto politics •MAGA Republicans much more likely to endorse "delusional" and pro-violence statements, study findsEnglish142·1 year agoOf all sad words of tongue and pen the saddest are these: Hillary was right again.
utopianfiatto News•X's fresh temporary ban of several prominent journalists raises alarmEnglish1·1 year agoDon’t get me wrong it’s great the number of accounts that have moved there, but we’re not even close to where we need to be to make one platform the go-to place like Twitter was.
utopianfiatto News•X's fresh temporary ban of several prominent journalists raises alarmEnglish192·1 year agoThe problem is that we’re scattering. A handful to Bluesky. A smattering to Mastodon. A pittance to Lemmy. Building a unified community on a single platform again will take years.
It’s not that Americans are stupid. Any nation can fall into the same trap if we devolve control of our infrastructure to plutocrats who look down on the public.
It’s the attitude that Americans are dumb and deserve our fate that’s shared by the elite who make it their business to fuck over the most vulnerable of us.
And supply shock, and wage growth, and tons of other things. You literally said “inflation is an increase in the money supply”