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What is the #CantillonEffect?

Its pretty simple. Those with first dibs on the newly-minted #cash get all the benefits.
So if I'm a #CEO with a #banker mate at the #Fed (aka #FederalReserve, a private entity) and they type some new #money into my bank account, I'll get the full benefit of that money.

As I spend it, the #inflation effect debases the currency's value and #assets simply go up in #price.

The #saver suffers.

#moneyPrinting #qe #quantatativeEasing #counterfeiting #cookingTheBooks

@technewsbot

"4chan, on the other hand, contains its fair share of extremist speech but the platform is not moderated by fascists, nor, for the most part, anyone at all. 4chan hosts almost any sort of speech; despite being unverified, useful information may still be posted there. Due to its lack of formal gatekeeping, users’ comments are not screened for either accuracy or good taste...Although these platforms may spread disinformation, if read with a healthy dose of skepticism the content they carry is not per-se dangerous."

Survey time! On what platform(s) do you use LibreOffice?

Uber driver told me he's not wearing a mask anymore because a policeman told him it's illegal because they can't recognize you when you're speeding

protest communication tool 

@realcaseyrollins @thraeryn IMO, yes. But Riot is more attractive than most #XMPP clients, so it may be as good. There's a couple of gotchas either way: users have to be in encrypted mode in one to one or specially created small multiuser chats. A big, public room--or an older one--may be unencrypted.

Hey, Fediverse!

Are you in the St. Louis, MO area?

Can you get a copy of the Evening Whirl and take some pics of the headlines for me?

That paper is its own damn thing, and I'm interested in its perspective on this current world.

Please boost!

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