Request to unseal Epstein grand jury transcripts likely to disappoint, ex-prosecutors say
https://apnews.com/article/trump-jeffrey-epstein-grand-jury-justice-department-4634e5afceb8b1bb43f23558dfbb1d6c?utm_source=flipboard&utm_medium=activitypub
Posted into U.S. News @u-s-news-AssociatedPress
Benny finna get racist
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Since people like posting JP being cucks and freaking out over uma hentai I'll do the opposite to remind us that we still have brothers across the seas.
Here OP is saying "Overseas artist with thousands of followers posts spicy uma art. This is my face"
And the reply is "Good, I was getting tired of only Japanese Uma Ero"
With the BBC facing criticism about the amount of airtime they are giving Nigel Farage, some awkward questions have started to emerge.Tom (The London Economic)
Fediverse admins, why not go Tor only to avoid and deplatforming/censorship?
If we all did it at the same time, it would be cool
Trannies can't complain about us to our ISP's/Hosting providoers anymore
Oh, and Tsundere's journalist policy is:
Kill yourself before I do it for you, Jewish lapdog.
NFL teams open training camp, starting the long journey to Super Bowl 60 in San Francisco
https://apnews.com/article/nfl-training-camps-2025-dc4861b9448b7386a0eaf0052610b480?utm_source=flipboard&utm_medium=activitypub
Posted into Sports @sports-AssociatedPress
Israeli settlers and occupation forces launched violent raids across the occupied West Bank, injuring several Palestinians, storming homes, and escalating daily attacks.Al Mayadeen English (Israeli settlers, forces assault Palestinians across West Bank)
Those who were around in the 40s of the previous century had the luxury of pretending not to be aware of what was going on in the Nazi extermination camps.
Today, none of us even has a shred of an excuse. #Israel, the #West, #Egypt and the #Gulf states are deliberately starving the people of #Gaza.
There is no context whatsoever in which collective starvation of a population can be viewed as self defense.
It's pure evil, and we're all up to our ears complicit in it.
Sozan reshared this.
When it comes to the mainstream platforms, it|s really not that big of a task...
Although, AI lords might change this soon. If they grow some balls that is 😁
matrix07012 likes this.
like this
i'm lolbert BUT to have my lolbert fantasy play out people around need to have the same general cultural values. like respecting life, property, etc.
which a sizeable minority currently doesn't. current power grid does actively support people who are against my values whether directly through financing (NGOs) or indirectly through lenient handling of heinous crime and iron fisted persecution of victimless crimes.
Libertarian Nationalist.
So there are minimum requirements to get in, but meeting those requirements still doesn't guarantee everyone access to socialist welfare programs on the backs of the others...
@cjd welfare itself isn't even my main pain point. it's the money actively put into destructive policies like facilitating mass immigration because pension funds running dry and "more nurses". put the fucking money into pension funds directly. don't import millions of ill people, properly finance hospitals.
in any case the house needs to be in order before handing it over. won't be pretty, likely not horrible as well, but it's either solve the problems now or there will be nothing left.
xianc78 likes this.
People don't understand how drugs (CIA), the war on drugs, and the prison system work together to recruit and train an army of professional violent criminals. And how Fair Housing Act and Section 8 were contrived to criminalize the exclusion that army from any city, town or village.
The US was METICULOUSLY destroyed, by order from the very top.
@cjd it's becoming increasingly hard for me to understand how people still don't see these things. it's willful ignorance.
15-20 years ago when things were still a bit more sane i could get it, i thought alike: "not great, still not really terrible".
in 2025, after 10 years of uncontrolled migration from war zones the west created on purpose, a phony pandemic, a phony war, israel doing genocide with the west cheering it on, it should be pretty clear that everything is corrupt to the core.
Venus Williams is back in tennis and wishes Serena would come out of retirement to join the fun
https://apnews.com/article/venus-williams-serena-dc-open-e19640487c12562496d0c505165ab4aa?utm_source=flipboard&utm_medium=activitypub
Posted into Sports @sports-AssociatedPress
Jimmy Kimmel has become the first late-night host to react to CBS's cancellation of The Late Show With Stephen Colbert, and he did not mince words.Cody Schultz (Last Night On)
A human metaphor for evaluating AI capability
Link: mathstodon.xyz/@tao/1148814182…
Discussion: news.ycombinator.com/item?id=4…
It is tempting to view the capability of current AI technology as a singular quantity: either a given task X is within the ability of current tools, or it is not.Mathstodon
GM frens.
Let freedom ring and take No Authority!🗽
Mail to:
Matt Hamilton
Box 129
Funkstown, MD 21734
ST20 likes this.
While children and adults are dying in the streets and hospitals of Gaza due to the systematic starvation practiced against them by Israel with American support, UN agencies refuse to officially declare famine in the Strip.Earlier on Saturday, threeDAILY YEMEN
‘Superman’ flexes its might in second weekend with $57.3 million
https://apnews.com/article/superman-box-office-smurfs-did-last-summer-425dde4cb2796b59959ea5af4ecffbcc?utm_source=flipboard&utm_medium=activitypub
Posted into Business and Finance @business-and-finance-AssociatedPress
like this
Mais qu'ils se cassent ! Là on parle pas de séparatisme bizarrement...
#capitalisme #elites #finances
Une mesure similaire à la " #taxe Zucman " au Royaume-Uni a-t-elle fait fuir "1 400 foyers" fortunés, comme l'affirme la ministre #Amélie de Montchalin ?
franceinfo.fr/vrai-ou-fake/vra…
La ministre a comparé mercredi la taxe Zucman à une réforme fiscale britannique, qui aurait provoqué le départ de nombreux ultrariches.Louis Deroo (Franceinfo)
Anne likes this.
Emmanuel Florac reshared this.
#graphicdesign #conceptiongraphique #mywork #amateur #digitalart #digitaldrawing #dessinnumérique #art #gimp #gmic
Content is provided under CC-BY-NC-SA/4.0
like this
youtu.be/B1fXqXRh5p8
#Peuple #politique #média #journal #revue #journalisme #télévision #presse #parlement #élu.e #monde #souveraineté #indépendance #vote #citoyen #métaphore #dessin #tuto #liberté #égalité #oligarchie #système #loi #droit #justice #société #clivage
like this
Emmanuel Florac reshared this.
La vraie démocratie n’as jamais existé et c’est pas pour bientôt…
Et heureusement, quand tu vois la bêtise aussi hargneuse qu’arrogante de la majorité…
ÉNORME !
600 000 votes en 1 jour
Maintenant, prochaine étape : 3 000 000 !
like this
Emmanuel Florac reshared this.
seriously. if you're reading (this or anything), you probably got something approximating a classical education.
and that means a lot of things you take for granted as common sense have never been learned by those raised under a religious death cult
basic things like logic and reasoning
the fact is, so much of what is "obvious" to us is the product of invested education in a model that prioritizes predictive power over personal power (science, it's science, folks)
and it is NOT obvious to a MAGA supporter raised in an echo-chamber of religious hokum.
for starters, most religions and non-democratic governments are heavily invested in the locals being unable to out-predict the head honchos.
also a key part of the current fascist agenda
authority figures hate truth because it makes them look bad. phrased alternately, reality has a well-known (classical, not neo) liberal bias.
College is where I discovered that objectivity and critical thinking are leftist values, which conservatives see as dangerous (possibly even demonic) ideology.
Scariest thing I've ever learned in my entire life.
Seems like in my rush to become more physically active and get in shape I've aggravated my plantar fasciitis. Working out in my bare feet without support for my naturally high arches is one part of the problem, along with walking around barefoot and/or wearing sandals in this warmer weather. Eventually I'll learn my lesson, but for now it feels as if I've got a golf ball pressing into the arch of my foot.
Trying to get back in shape when you're nearing 60 is hazardous to your health
@slamy
Friday was the first time that I rode a bike in 45 years. I've done circles in a parking lot in weeks prior, but the other day I did 6 miles.
Riding is a lower impact, butthe muscles are used in different ways which can lead to other ailments.
I need to setup my massage table and start doing some good, deep stretching to help my body heal from these new stresses I'm putting it through
like this
N. E. Felibata 👽 reshared this.
LIVE: Israel kills 92 aid seekers in Gaza, issues evacuation threat | Al Jazeera
aljazeera.com/news/liveblog/20…
- Gaza health official warns women, children ‘collapsing’ due to hunger
- ‘They killed us with the gas,’ aid seekers in northern Gaza recount attack
- WFP: One in three people in Gaza going days without food
- WFP: Aid convoy to northern Gaza fired on after crowd gathers
- More than 100 people killed in Israeli attacks across Gaza
#Palestine #Gaza #Israel #GazaIsStarving
@palestine
Israel is ‘forcibly’ starving Palestinians in Gaza, advocacy group says, as 116 Palestinians killed on Saturday.Lyndal Rowlands (Al Jazeera)
Sozan reshared this.
I only hope #netanyahu and his cabinet of fascist one day will have to stand in front of a court and have to justify themself for these crimes.
A former Holocaust Victim, who died this year at the age of 103, said in a speech in Berlin this June: "That´s what I ask you to do: Be humans!"
Her voice is not heard, neither in Israel nor in #germany a country delivering munition and weapons for the #genocide in #gaza
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Coded Artist likes this.
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The post pandemic buying spree is over and the #USEconomy is going doooowwwn.
"The US economy is more fragile than it appears"
ft.com/content/c9cc2569-8dd6-4…
Jobs, consumers and stock values are at an ominous inflection pointTej Parikh (Financial Times)
Three BRICS Countries Are Among Top Five in Terms of Industrial Contribution to Economy.Sputnik Africa
Trump’s bullying of Brazil is backfiring - The Washington Post
archive.ph/Js5vJ
Plumbing is a rapidly expanding growth industry.
Everyday, the world is plumbing new depths of obscenity.
@GrimmReality
The world has been a worse place for having Scott Adams in it, but to his credit, it will be a better place when he dies.
Times like this also make me reflect on whether or not I've been fair and open to other sides of some issues. I'm big enough to admit when I'm wrong. Cancer? Not always a bad thing.
I'm not worried about Colbert.
Why?
Because what's happening is that billionaires are buying legacy media outlets that are already struggling, and they're doing it for the clout. Same reason they're firing people Trump tells them to. Clout.
I haven't watched broadcast media in 15 years. Not at all. None of my friends have either. None of my colleagues have either.
The thing about fascist takeovers that I'm learning is that the fast parts have to be strategic AF; the rest has to be sloooow.
Like "we promise there are two parties now VOTE for the next 40 years for ONE of them NO there isn't another way to organize this or do this" slow.
But if the fast parts aren't strategic, it doesn't matter how well implemented the slow parts were: they're quickly reversible.
Technofascists, Maga fascists, and Christofascists have two things in common: they're extremists, and they're fools. I don't mean they're stupid; I mean they're absolute clowns. Profoundly incapable of astuteness.
Strategically, they should let Colbert blather on about them on his legacy network while they quietly nip things like the Fediverse and other alt media outlets in the bud. Like Tiktok: invent rationales nobody believes then do the thing you have to do to consolidate domestic media control and seize the narrative.
But they're fools. So they're wandering around swinging their dicks into all the things that were relevant *when they were kids*. You know, "dad, guess what I bought?!? CBS!"
"I haven't watched broadcast media in 15 years. Not at all. None of my friends have either. None of my colleagues have either."
Back in 2015, I stayed at a long stay hotel for a 6 month (actually well-paying) internship in the big city. It had a TV. Throughout those 6 months, I never turned it on.
These mob kids need dispatching without prejudice.
What is going through their heads?
Can they explain even that much?
Store employee gets jumped by a mob of teens before pulling out a gun, sending them scurrying.
Don't start with the human rights bullshit with me about them.
They have zero value and their loss would be a benefit to society as a whole.
The system doesn't stop them at any point.
Then the news makes their sob story case for them.
Then the legislators draft new stupid laws to protect their misunderstood asses.
"This is the END of Gavin Newsom — Victor Davis Hanson Explains Why"
youtube.com/watch?v=WO7gS0X9XG…
Victor Davis Hanson unloads. No one—not even Biden—has wrecked more in plain sight than Gavin Newsom. Thirty-two years in power. Thirty-two years of smug incompetence. And now California—once the envy of the world—is a dystopian blueprint for national collapse.
4 Corrupt California Families - Newsom, brown, Pelosi & Feinstein
youtube.com/watch?v=RUJCR8Xhmo…
Victor Davis Hanson unloads. No one—not even Biden—has wrecked more in plain sight than Gavin Newsom. Thirty-two years in power. Thirty-two years of smug inc...YouTube
![»Fanon war wütend. Seine Leser sollten es immer noch sein […]. Wütend, weil die Verdammten dieser Erde immer noch da sind.« – Zitat des Fanon-Biografen David Macey, den Philipp Dorestal in seiner Einführung in Fanons Werk »Denker der Dekolonisation. Zur Aktualität von Frantz Fanon« aufgreift.](https://friendica.eskimo.com/photo/preview/640/8116293 "»Fanon war wütend. Seine Leser sollten es immer noch sein […]. Wütend, weil die Verdammten dieser Erde immer noch da sind.« – Zitat des Fanon-Biografen David Macey, den Philipp Dorestal in seiner Einführung in Fanons Werk »Denker der Dekolonisation. Zur Aktualität von Frantz Fanon« aufgreift.")
Frantz Fanon (1925–1961) schrieb mit »Die Verdammten dieser Erde« (1961) einen Klassiker der Dekolonisierung, der weltweit Befreiungsbewegungen inspirierte.Karl Dietz Verlag Berlin
Tag für Tag töten sie nun Dutzende verzweifelte, halbverhungernde Menschen. - Leute, die nur so hungrig und verzweifelt und an dieser Stelle sind, weil es politisch so entschieden wurde.
Und noch immer gibts Menschen, die so tun, als wäre der Staat der das tut eine Demokratie, zu der sie schweigen, fähnchenschwingen oder mit Waffen unterstützen könnten. Eigentlich unglaublich.
>>At least 73 Palestinians killed while seeking aid across Gaza, health ministry says<<
itv.com/news/2025-07-20/israel…
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:hoshino_smug: likes this.
Sensitive content
Coded Artist likes this.
HADRAMOUT, July 20 (YPA) - A US cargo plane has landed in the Sharurah region of Saudi Arabia, according to navigation websites.According to these websites, the US Navy C-40 Clipper transport plane landed in Sharurah, a Saudi area on the Hadramout bobasheer (Yemen Press Agency)
Sensitive content
infobae.com/economia/2025/07/2…
#Milei beendet den #Geldsozialismus in #Argentinien!
#Hayek #Mises #Menger
La administración republicana privilegió su alianza estratégica con el gobierno de la Libertad Avanza, en un escenario regional atravesado por los conflictos políticos con Brasil, México y CanadáRomán Lejtman (infobae)
Günter likes this.
All jokes aside, I think #Greece might be the place I want to move to. Because why learn a new language when you can learn a whole new alphabet 😅
Edit: the signs may have been there:
4 yrs ago: fosstodon.org/@Gina/1058032413…
3 yrs ago: fosstodon.org/@Gina/1083333289…
1 yr ago: fosstodon.org/@Gina/1124267369…
Attached: 2 images Turns out I should have been learning Greek instead of Spanish 🥲 #zakynthos #greece #paradiseFosstodon
"Zeki insanlar asla bir baltaya sap olamaz, olanlar yalnız aptallardır."
Fyodor Dostoyevski
Pope condemns Gaza war’s ‘barbarity’ as 73 reported killed while waiting for food | Israel-Gaza war | The Guardian
theguardian.com/world/2025/jul…
#Palestine #Gaza #Israel #Vatican
@palestine
Pontiff also speaks of anguish over Israeli strike on territory’s only Catholic church, which killed three peopleJennifer Rankin (The Guardian)
Did former Polish president Lech Wałęsa write a letter to President Donald Trump expressing "fear and distaste" at his February 2025 meeting with Ukrainian President Volodymyr Zelenskyy? Yes, that's true: On March 3, 2025, Wałęsa shared these sentime…Lead Stories Staff (Lead Stories LLC)
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#privacy #security #mythbusting
00:00 Intro
00:27 Security = Privacy
01:51 Sponsor: Private and secure email with Proton Mail
02:52 Telemetry is evil
05:18 Tor is a honeypot
06:52 Big Companies are more secure
08:58 Incognito mode is private
09:55 VPNs are the only tool you need
11:02 Privacy is impossible
12:07 I have nothing to hide
13:27 Always research yourself
14:09 Sponsor: Get a PC made to run Linux
Security = privacy
This one is obviously not true. Security and privacy aren't linked in any way. The general best practice is to find the services you need that have a good reputation for security, and among these services, try and find one that is private enough for your needs.
Telemetry is always bad
This is simply not true. Telemetry isn't always bad. The image we have of telemetry is that of Windows or macOS, but there are plenty of other ways to do telemetry.
In itself telemetry is a very useful thing: it lets projects or companies identify what is important, what they should fix first. It doesn't mean this data is used to profile you, or being sold to anyone.
If the company or project is something you trust, and that has no current business in data collection, or advertising, then it's probably not a problem.
Tor is an NSA honeypot
TOR is regularly accused of being a honeypot for the NSA. Something that is completely false, as far as anyone knows**
Yes, TOR is based on code developed by the US Navy. Funding for Tor also came from the US government, mostly. The code, however, is open source, and audited.
Is Tor entirely safe? Of course not. It's not a silver bullet, nothing is, and it can be vulnerable to man in the middle attacks or to specific types of monitoring, but it's not an NSA project that's designed to trap you.
Big companies are more secure
This statement is debatable. It's true in some cases. A recent report shows that smaller firms are 3 times more likely to be attacked than big businesses. 60% of cyberattacks seem to target smaller companies. But that's likelihood to be attacked, not necessarily successful attacks.
What is also true is that not all big tech companies are very good on the security front. So, while yes, bigger companies can be more secure than smaller ones, it's not a one size fits all thing, and what you need to look for is what kind of security the company you're interested in for a specific service or app has put in place.
Incognito mode is private
It isn't. What incognito mode does, is make you private locally, on your device, as it doesn't store data on what you've visited, your credentials, and the like.
Incognito mode doesn't, however, prevent websites from tracking you, or fingerprinting you.
VPNs are the only privacy tool you need
VPNs aren't a magical thing that instantly makes you private. Using a VPN will change your IP address and make you harder to track online, that's true. They're a good tool, but you need to make sure that the company that provides the VPN service doesn't log everything you do, and doesn't give these logs to various other actors. If you log into a service or website while using a VPN, it still knows it's you, obviously.
Privacy is impossible
This one has to be the most nefarious myth ever. Privacy is NOT impossible. It's not easy, but it's not impossible. Generally, this statement just betrays a lack of motivation. It will never be 100% perfect, but you can limit immensely what is known or collected about you.
I have nothing to hide
This is complete bogus. First, if you think you have nothing to hide, you're wrong. Everyone has something that might not be illegal, but might be deemed immoral or unacceptable by someone else.
Second, you might feel this way now, but circumstances change, and the data collected about you doesn't go away. By leaving all these tidbits of data stored everywhere, you're basically giving ammunition to the future.
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.Discord
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Linux often gets a bad rap when it comes to installing software, and this is mainly due to the fact that we have so many different application distribution formats. Most of them also are misunderstood, or have preconceived notions attached to them, so I think it’s time to take a look at the differences between the various packaging formats !
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There are 2 main package formats here: the DEB and RPM. Debs are used by Debian and debian based distros like Ubuntu, and RPMs are used by Fedora, Red Hat, or OpenSUSE. Both of these formats are usually pulled straight from the distribution’s repositories, or can be installed manually. They contain a binary version of the application or library you’re trying to install, so it’s already compiled for your system’s architecture.
These packages come with a descriptive file that also includes all the various libraries and other applications your program needs to be able to run.
These DEB and RPM packages have advantages: they’re fast to install, they’re already compiled for your architecture, and they pull all your dependencies immediately if they’re available. They do have problems though: first, since these packages are distro-specific, app developers need to package their app for multiple distros, multiple versions, and architectures of these distributions.
To fix these problems, the Flatpak format was created. This one differs from the packages in a very important way: while flatpaks are also shipped as binaries, so no compilation needed, they also embark all the libraries they need directly in the package. They can also used shared libraries provided in other flatpaks.
Flatpaks are also relatively quick to install, and can be pulled from repositories called remotes. The biggest one out there is Flathub, which sources most available flatpak applications.
Flatpaks also introduce some issues, mainly in terms of security: while flatpaks are sandboxed, they still can provide outdated versions of libraries that light or might not be kept up to date by the developer.
They also use up more space. Flatpaks can run on any distro that have the flatpak package installed, and can be downloaded from most distro’s software centers if they have added the flathub remote.
Snaps are based on the same model generally as flatpaks: they are binary applications shipped in a single package with their own dependencies. They can also make use of runtimes, and are sandboxed as well to avoid the snaps being able to see or read everything you have on your system.
Snaps have an interesting difference though: they can also ship server stuff. While flatpaks are mainly geared towards graphical applications, snaps can contain pure command line packages. Another difference is that snaps can be updated while they are in use, and can receive delta updates. Snaps can also revert to the previous version easily.
Snaps do have some problems though: first, they don’t make use of the system theme. Second, they can’t use external repositories: all snaps are shipped through snapcraft, which is the “official” distribution center for these.
Snaps also tend to be bigger, and slower to launch than flatpaks or regular packages. Snaps can run on any distro that have access to snapd, the backend part of snaps.
Appimages are yet another way to distribute applications in a single contained package. They use the “one app one file” method: an appimage ships all the files needed, and all the libraries as well, in a single file. They are not downloaded from a repo, but there is AppImage hub, a website that lists most if not all of the available Appimages.
These can just be downloaded manually and started immediately, wherever they are located on the system. No need to install runtimes, or shared components like Snaps or Flatpaks, you can just put your appimage anywhere and run it.
This means that appimages are super portable: to keep all your apps, you can just copy / past the appimages and you’re good to go.
This a a big advantage, but there are some issues there as well: first, you can’t update an appimage without downloading the new version yourself, so it’s a bit like apps on windows.
Appimages also don’t respect the system’s theme at all, and can get pretty big, since they don’t make use of share runtimes at all. Appimages can run on any distro, they don’t need any specific plumbing to work.
Deploy more with Linux virtual machines, global infrastructure, and simple pricing. No surprise bills, no lock-in, and the same price for every data center.Linode, now Akamai
Key Markets report for Thursday, July 17, 2025Alex Krainer (I-System TrendCompass)
Death toll from South Korean rains rises to 17 | South Korea | The Guardian
theguardian.com/world/2025/jul…
Eleven people still unaccounted for after record downpours sweep north across country, triggering landslidesGuardian staff reporter (The Guardian)
Die Regierung hat sich weiter aus der Zinsfestsetzung zurück gezogen. Sie hat die LEFIs (Letras Fiscales de Liquidez), vom argentinischen Finanzministerium emittierte Finanzinstrumente, die von der Zentralbank verwaltet wurden, auslaufen lassen. Diese dienten dazu, überschüssige Liquidität im Bankensystem zu steuern und die Mindestreserveanforderungen der Banken abzudecken.
LEFIs ersetzten ab Juli 2024 in einem ersten Rückzugsschritt frühere Instrumente wie Pases Pasivos und LELIQs, die ebenfalls zur Regulierung der Geldmenge von der Zentralbank genutzt wurden. Diese faktische Umwandlung war ein wesentlicher Teil der Entschuldung der Zentralbank und dem Einfrierung der Geldmenge, was möglich wurde indem der Staat die Schulden direkt übernommen hat. Sie boten eine feste Verzinsung (z. B. 29 % overnight oder 40 % nominale Jahresrate) und waren Teil der Geldpolitik, um die Liquidität der Banken zu kontrollieren und die Inflation zu beeinflussen.
Diese Instrumente ware aber nicht am freien Markt handelbar, sondern konnten nur von Banken gehalten werden. Die Zinsen wurden nicht vom Markt, sondern von der Zentralbank festgelegt, auch wenn sie vom Staat gezahlt wurden.
Ziel dieses nach der Wechselkursfreigabe nächsten großen Schrittes ist es, die Geldpolitik weiter zu liberalisieren und die Zinssätze stärker dem Markt zu überlassen. Die Abschaffung markierte einen Übergang zu einem System mit noch weniger direkter Intervention der Zentralbank. Die Banken können ihre überschüssigen Mittel nun nicht mehr einfach sicher zinstragend beim Staat/Zentralbank abladen. Sie sind aufgefordert ihre überschüssigen Mittel anders zu allokieren und als aktiver Marktteilnehmer zu bewirtschaften. Dieser Schritt ist Teil des größeren Reformpakets zur Reduzierung staatlicher Eingriffe, insbesondere auf den Zins als Preis des Geldes.
Zur Abfederung des Effekts und zur Gegenfinanzierung hat der Staat neue, kurzlaufende, frei handelbare Bonds ausgegeben.
Diese Maßnahme in Höhe von rund 10 Milliarden USD hat kurzfristig zu höheren Volatilitäten am Devisenmarkt geführt, weil einige Banken es vorgezogen haben die Pesos gleich in USD anzulegen, was wiederum den Pesokurs gerückt hat, was wiederum dessen rechnerische reale Verzinsung gegenüber dem USD gerückt hat usw.. Einige „Experten“ haben natürlich sofort das Scheitern des Gesamtsystems erkannt und den nahen Untergang prophezeit. Milei und Wirtschaftsminister Caputo sind entspannt und haben damit offenbar Recht. Der Wechselkurs ist zwar gefallen, bzw. der USD gestiegen, aber die festgelegte Eingriffsschwelle ist noch weit entfernt. Ihnen war klar, dass die Auflösung dieser künstlichen Spannung bzw. Abweichung vom Markt, ähnlich wie bei jeder anderen staatlichen Preisfestsetzung zunächst ein neues Gleichgewicht finden muss. Alles kein Hexenwerk.
Das Ziel, den Banken die Verantwortung für Ihre Liquidität auch gegen deren Willen aufzuzwingen und die Subventionierung der Banken mit leicht „verdientem“ Geld zu beenden, ist jedenfalls erreicht. Zukünftige Bonds der Regierung zur Umschuldung existierender Schulden werden am Markt versteigert. Der Preis ist dann der Zins, der sich am Markt bildet.
Die argentinische Zentralbank ist wohl die einzige Zentralbank, die ihren Einfluss auf den Zins Schritt für Schritt aufgibt und damit die mittelbare Subvention der Banken beendet. Für alle anderen Zentralbanken ist der Zins die Steuerungsgröße zur Kontrolle der (von ihr selbst verursachten) Inflation. Das muss die Zentralbank nicht mehr. Die Geldmenge ist fixiert. Die Inflation beendet und deren Preissteigerungseffekte am Auslaufen. Der Zins hat als Steuerungselement der Geldmenge seine Funktion verloren. Jeder marktfremde Einfluss auf den Zins würde daher nur Wohlstand vernichten.
#Milei beendet den #Geldsozialismus in #Argentinien!
#Hayek #Mises #Menger
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@RealPNavarro: 1/ Before the word “tariff” became synonymous with President Trump, generations of American statesmen laid the foundation for the America First agenda of today. Their ideas—rooted in sovereignty, secu...…threadreaderapp.com
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Capital punishment is based actually
By removing criminals from the gene pool You make sure the future generations of your country are mostly free of psychopathic genes
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Aubière (Puy-de-Dôme) : « Le vivant les jugera »
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Kyonko802
in reply to Kyonko802 • • •relentless_eduardo
in reply to Kyonko802 • • •yes, we have people like that in America.
their purpose in life to disrupt other people's lives