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Comment Re:$100 trillion Zimbabwe = $3 USD (Score 1) 126

> If your debt is denominated in dollars how does depreciation in the dollar make it harder to pay back?

It doesn't, it just leaves the general public holding sacks of worthless paper money or pointless numbers in a bank's database when they want actual stuff, like food.

Inflation as long been used as a stealthy way to tax the public, they see their quality of life going to crap as each new generation comes along, but nobody wants to admit the problem lies with government spending The US had the advantage of pushing a lot of the inflation tax onto the rest of the world, but that's going away as so many other countries want to get free of the dollar.

If tomorrow the government hands out a trillion dollars to everyone, we won't all suddenly have a lot more stuff. We'll have a lot more paper and all the resources that were scarce yesterday will still be just as scarce. Probably even more so as there's a rush to consume more before prices can fully react to such a change.

Comment $100 trillion Zimbabwe = $3 USD (Score 2) 126

> We have been hearing these same predictions about the national debt for almost 100 years ... the argument is fundamentally flawed. Mostly because it ignores things like economic growth, inflation and the value created by whatever the debt buys.

The fiat system has collapsed a few times, do you know anything about Brazil or Zimbabwe?

I don't think gold is a magic solution here, or returning to that standard would fix everything, but you do need some level of balance between the amount of currency and the things there are to buy with it and we damn near broke it during Covid with the mass inflation there. So I wouldn't be too cavalier that this could never happen, even as I don't think it's in any immediate danger.

But remember: there won't be a US dollar to peg the US dollar to if we screw it up and that's the only way Brazil got out of its mess in the 1990s.

Meanwhile, you can get $100 trillion Zimbabwe dollars for $3 USD.

Comment Re: Microsoft Store is the monopoly (Score 1) 164

Yeah, because the customers don't want anything else. Itch.io is great ... if you want random indie stuff. GOG seems to have no idea what to recommend and you either get games from 1992 or hentai VNs with a porn patch so they're not technically selling the porn, with little that's actually interesting.

Comment Re:only use less gasoline if you actually charge t (Score 1) 112

I do run it for a little bit on gas each week, long enough to come up to temp. My fuel use will be higher in the winter as well. (the electric range with heat on in cold temps is ~ 90 % of my commute vs summer where I still have ~10-20 miles left) Using Ethanol free gas to avoid the separation, and next summer will be filling the tank only partway so it can cycle the fuel ~ every 3 months.

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