MasterFubar t1_ja2swjz wrote

Foz do Iguaçu is the place where the Iguaçu river meets the Paraná river, that's about 10 km northwest of this point. "Foz" is a Portuguese word that means river mouth, the point where a river ends. This place is Cataratas do Iguaçu, the Iguaçu Falls.


MasterFubar t1_j8pay89 wrote

Before they try new regulations, they should consider de-regulating.

All these problems started when someone came up with laws trying to make "piracy" more difficult. All those laws should be rescinded, starting with the Digital Millennium Copyright Act. The people who came up with that abomination should be sent to a Gulag somewhere in North Korea. Rescind the DMCA and companies will create ways to repair any electronic equipment.


MasterFubar t1_j34gpjb wrote

> The US is a single market.

The US is fifty different markets, every state has its own laws.

> Switzerland is an outlier on everything related to economics.

Exactly. And the important thing is learning why and how this happens. Venezuela is another outlier in economics. Look at the laws, regulations, political and economic systems each country has and you'll know why they have different levels of development.


MasterFubar t1_j341i0o wrote

> access to a huge and rich home market.

Are you saying the European Union isn't huge and rich?

I would say the reason is because European corporations face more regulation hurdles that limit their growth.

Look how the percentage for Switzerland is the same as for Germany, despite Germany having almost ten times as much population.


MasterFubar t1_j28bze4 wrote

It's not a joke, I've met people who were diagnosed with clinical depression and their thoughts are exactly like what OP is posting.

"A Future Without Jobs"... Lets see how reality works. Two hundred years ago, 95% of the people worked on farms. Today only 5% of the people in industrialized countries are farm workers. 90% of the jobs we had back then disappeared, are we living in a future without jobs?

And their attitude towards rich people. "People who are rich are people who enjoy seeing the suffering of the poor". Really, how paranoid can you be. Rich people are people like anyone else, they are rich because they are interested in markets and investments and businesses. I'm not rich because I'm not interested in those subjects, they bore me. If you like a subject and study it a lot you'll become good at it, that's how you become rich.

This sub is a magnet for the depressed and the paranoid, they post their crap here and they think they are right because other depressed and paranoid people come here to agree with all this bullshit.


MasterFubar t1_j26l63c wrote

> your labor is of little value.

The real question is if your money still has value. Assuming you had no hyperinflation, savings would still be money, independent of where the savings came from.

This is one of the main pillars of a free market, money has the same value that doesn't depend on its origin. You may have worked hard, you may have inherited it, or you may have earned it as interest on an investment. It doesn't matter, money is money.


MasterFubar t1_j24xyq2 wrote

> forcing others to live in poverty, for their satisfaction.

Seriously, you should seek a mental health expert ASAP. The fact that you started this whole discussion shows that you're suffering from depression, but this comment here is much worse, you're paranoid.

Go seek a psychiatrist before you break over and do something that could harm yourself and others.


MasterFubar t1_j1wbp14 wrote

> For one multiplayer gaming over the internet may still happen, and cheaters already exist now in fps's but soon every game will have issues with bots that will more than likely become completely undetectable.

Why would that be a problem? When you play a game, you want to have some fun, if you're enjoying the experience, does it matter whether the opponent is a human or a robot?

I, for one, would prefer to play a robot that can be programmed to have a specific response, rather than a human who will throw a rant and start making claims about my mom's ability as a sex worker whenever he loses.


MasterFubar t1_j0htzoy wrote

Neither of them, but Alphabet will be better positioned than Microsoft.

Big corporations don't adapt well to novelties. They can't handle what Clayton Christensen called "disrupting innovations" in his book The Innovator's Dilemma. Microsoft is already showing this in how they tried to enter the smart phones market and failed miserably.

Alphabet came into being one technology generation later than Microsoft, that's why they stand a slightly better chance to survive, but don't count too much on that.

The corporate giant who will dominate the AI world doesn't exist yet. There may be a guy or two working in a garage to create that giant, it's too early to tell.


MasterFubar t1_izpy59w wrote

> you have provided no argument except “there used to be no inflation, so there should be no inflation now!”

Isn't that a good enough argument? They knew how to manage a stable economy, now they have forgotten how to do it. It's like the Dark Ages, the Romans knew how to build aqueducts, but people then lost that technology.


MasterFubar t1_izpxrbh wrote

> Doctors used to use electroshock to treat schizophrenia. > > Dentists used to use arsenic to treat tooth pain. >

And economists still use inflation to treat economic recession.

> I guess we better just ignore the composite opinions of every group of professions in today's world /s.

If the professionals use their expertise to create better and better products, then we should listen to them. However, if almost a hundred years after the creation of the Fed we are still facing major economic crises, then it's pretty much obvious to everyone that those guys are still in the arsenic and electroshock state of ignorance.

They do not understand things better if they commit the same mistakes eighty years later.


MasterFubar t1_izos9rl wrote

> This is a widely accepted view from financial professionals

At one time, it was a widely accepted view from scholars that disease was caused by humid air, the word "malaria" means literally "bad airs". Economics is like medicine was before the germ theory, it's still a rather primitive science, it doesn't produce reliable mathematical models.

Think of this, the Federal Reserve system was created in 1913 to prevent financial crises from happening. Less than twenty years later the US would plunge into the worst economic crisis in history. If they know so much, why did they fuck up so badly? How could the Great Depression happen after the creation of the Fed and why didn't it happen before?


MasterFubar t1_iznseei wrote

> Why would anyone buy anything if they think they can get it cheaper tomorrow.

Because they are consumers, not speculators.

If the price goes down, anything looks like a bargain. You see many ads saying "Now 10% off!", lower prices are always a great incentive for buying stuff. An economy with a steady deflation would have a market with continuous discounted prices.

What most people, including many economists, don't understand is that deflation is a result of economic depression. Sellers offer lower prices because they are stuck with a warehouse full of unsold items. There is a correlation between deflation and recession, but deflation is not the cause, it's an effect of recession.


MasterFubar t1_iznoex7 wrote

> If you don’t have some inflation there’s no incentive to spend.

You're confusing speculation with spending. The logic consumers use is the opposite of the logic speculators use.

Consumers don't buy something expecting the price to rise. Lower prices mean something we wanted to buy but couldn't afford is now within range. Look at all electronic devices. Are you saying nobody will buy a smart phone because prices will be lower next year?