Even if the government is funded by money printed by the central bank, it would still be funded with “your money”. Every dollar printed dilutes your money by that same amount, ie it’s like a much more subtle tax that doesn’t follow any of the principles of proportionality, everyone pays the same (except those with little to no liquidity and everything invested, so it’s really a tax on the poor through inflation)
Well, if you’re a citizen, the country is yours, and the government is there to manage it, but some assholes in power managed to convince people that it’s the other way around
That only works if we (the collective we) have more money. If a rich person has more $$ than a small country that means the effect we have is equivalent.
That’s why micron is doing what its doing. We are no longer the customer. They voted for us.
But consumers are stupid. when they start selling ram again at a high price we should all boycot buying computers. instead a lot of people will just accept the new price. we saw it after the pandemic, people just accepting prices instead of holding fast and forcing prices down.
You’re saying this as a comment on an article about how drastically sales have already dropped due to the price increases… people are already doing that.
you know when the bubble pops and they no longer have AI companies buying RAM they will switch back to consumers and keep the high prices.
if they’re still around when the financial shell game they’re playing finally comes to a stop. who am i kidding the government will bail them out.
Using your money.
if the US government were actually funded by taxes, then everything the government does would be with “my money”
Even if the government is funded by money printed by the central bank, it would still be funded with “your money”. Every dollar printed dilutes your money by that same amount, ie it’s like a much more subtle tax that doesn’t follow any of the principles of proportionality, everyone pays the same (except those with little to no liquidity and everything invested, so it’s really a tax on the poor through inflation)
Well, if you’re a citizen, the country is yours, and the government is there to manage it, but some assholes in power managed to convince people that it’s the other way around
Profits for me, losses for thee
That only works if we (the collective we) have more money. If a rich person has more $$ than a small country that means the effect we have is equivalent.
That’s why micron is doing what its doing. We are no longer the customer. They voted for us.
ha. they are renting the datacenters back to us.
its gonna be forced cloud computing for us and total control for them.
Keeping prices above what people are willing to buy for, while the majority of their business goes bust, is not a recipe to stay in business.
But consumers are stupid. when they start selling ram again at a high price we should all boycot buying computers. instead a lot of people will just accept the new price. we saw it after the pandemic, people just accepting prices instead of holding fast and forcing prices down.
You’re saying this as a comment on an article about how drastically sales have already dropped due to the price increases… people are already doing that.
Of course, not all the companies survive and now there’s decreased competition, so we can shove prices up a little bit further
Absolutely