FuglyDuck

joined 2 years ago
[–] FuglyDuck@lemmy.world 1 points 15 minutes ago

said another way.... they think our food cleanliness is somewhere between "dirty as fuck" and "You eat that?!"

[–] FuglyDuck@lemmy.world 7 points 4 hours ago

cash is largely minted by the government, and they usually aim to maintain "enough" (currently 2.3k billion dollars currently?)

Most of the money supply is not in physical cash, though- they call that the m1 supply which is found in things like savings and checking accounts, other kinds of deposit accounts, etc.

Currency is added to the economy by buying back government securities (think bonds). Specifically this is the Federal Reserve. we also pay interest on money held at by the Fed. (Banks invest the money.)

[–] FuglyDuck@lemmy.world 9 points 5 hours ago (1 children)

Printing more money doesn’t make more value- it actually reduces the individual value of a dollar.

That value needs to come from somewhere.

When a currency is backed by some commodity (we backed by silver and gold, historically.) that value comes from whatever is backing it (ie you could go to a bank and get that stuff.)

Today, the dollar is backed by the confidence of the people using it. Specifically, the confidence in the US government. The value is also affected by supply and demand for that currency.

If the US suddenly decided to print the trillions dollar coin, the market reaction wouldn’t be all that hot. There is some wiggle room but generally not a lot.

If you want to know what happens when you push it too far, check out the Weimar Republic (Germany), Hungary after ww2 and Zimbabwe in the late 2000’s

It’s very much not-good.

[–] FuglyDuck@lemmy.world 7 points 5 hours ago* (last edited 5 hours ago) (7 children)

In the US, at least, the government has 2 ways it can fund itself.

Taxes, which are collected through a variety of means- income tax, for example, or import taxes, etc. these funds go into the treasury, which then get doled out to pay for things.

If taxes are insufficient, or there's some type of emergency that requires an excess of funds more quickly than they can levy with taxes... the government takes on debt. Specifically, they use a number of different instruments including bonds.

The "national debt" is the the sum of all those bonds, loans and whosiwhats its that are taken out to pay for things. it's the debt that the national government owes to others.

[–] FuglyDuck@lemmy.world 4 points 6 hours ago (1 children)

and then somehow blaming Clinton, Biden, or for nostalgia, Obama.

[–] FuglyDuck@lemmy.world 17 points 7 hours ago* (last edited 6 hours ago) (2 children)

what's funny is we're stopping it's use. very few processors here use chlorine as part of the chilling process. Even then, it's extremely dilute. We now mostly use a diluted peracetic acid (It's vinegar- acetic acid- and hydrogen peroxide.)

edit to clarify: When butchering animals, you want to get the temperature down as quickly as possible after you kill the animal. This keeps the bacteria lower, and reduces the chance of spoilage while increasing it's life. To do that, chicken are chilled in a cold water bath, to which they add the acid (or chlorine.) to reduce it as much as possible, which expends it's shelf life tremendously.

The EU has questions about Chlorine's safety; but more importantly.... they view the use of additives as a way to mask hygiene problems. It's a concern that the poultry is not up to par, and the wash is there to hide the fact or make up for it.

[–] FuglyDuck@lemmy.world 1 points 11 hours ago

Only if we’re talking about food.

[–] FuglyDuck@lemmy.world 2 points 11 hours ago

Steggo is BSST-o

[–] FuglyDuck@lemmy.world 10 points 2 days ago

"okay, so we're doing the bad idea, yeah?"

[–] FuglyDuck@lemmy.world 11 points 3 days ago

This is what they get for buying a Swastikar Wankpanzer.

seriously. with all the YT videos showing how bullet proof it wasn't... why did they ever buy the hype?

 

So a new malaysian tapir calf has been born at the Point Defiance Zoo, and just.... look at this cutie:

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Granted, I was going to slap it onto one of my parent’s shiny kitchen appliances and make jokes about it being a mistake to let them have WiFi…. But still…..

 

cross-posted from: https://lemmy.world/post/16933715

Florida man sneezes his intestines out of his body at restaurant

I try to read all the articles I post but for this one I noped out after 1 sentence. Enjoy!

 

Snow on Thursday.

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