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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • You’re trying to apply objectivity to a very subjective area. I’m not saying it’s impossible, and you should by all means try it, but maybe it would be a good idea to try something that has a better chance, first, such as this:

    How about an open platform for scientific review and tracking? Like, whenever a new discovery or advance is announced, that site would cut through the hype, report on peer review, feasibility, flaws in methodology, the ways in which it’s practical and impractical, how close we are to actual usage (state of clinical trials, demonstrated practical applications, etc.)

    And it would keep being updated, somewhat like Wikipedia, as more research occurs. It needs a more robust system of review to avoid the problems that Wikipedia has, and I don’t have the solution for that, but I believe there’s got to be a way to do it that’s resistant to manipulation.







  • If the deflation is just a market correction after exaggerated inflation (retailers raising their prices more than general inflation to increase their short term subs) then it’s no big deal. Prolonged deflation can be bad, as that causes too much saving and not enough spending, which can really hurt the economy and people because of how it takes money out of circulation.

    In an economy, the more money can circulate, the more good it can do. I use my salary to pay for for and things, that money then pays the employees of the businesses I went to, and those employees also spent that money, and so on. At each step, both participants normally get a net benefit: I can eat, and the employee can also spend the money they get from me to eat, etc. As long as the money circulates, it keeps doing good. When it stops circulating, due to being put into savings, investments or real estate, it stops doing good (or it does less good). The cycle slows down or stops.

    That’s why a small amount of inflation (maybe 1-2% ? Not sure what’s optimal) is actually healthy, because it puts pressure on people with money to spend it before it loses its value, instead of hoarding it.