in the best case mods remove spam and illegal content, and beyond leave the community alone to do its thing. unfortunately typical reddit mods feel compelled to do all kinds of other things, like they're on a mission from god.
109 karma · joined August 31, 2022
(iphones can be purchased online, btw)
"other people" means: corporate stooges
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not the first time in history that voices appear to demand that a leader of some project, someone with a proven track record of principles over status/power/wealth, be replaced. typically what they're really asking for is a leader that's easier to pressure, more amenable to their interests. this is even more the case if they're demanding that the replacement be selected on the basis of immutable characteristics unrelated to the project.
usually only the lower classes suffer for our luxury beliefs. this is an exception.
Basic "supply and demand" also applies to crime, playground needles and sidewalk turds: if you lower the "price" (punishment) at constant demand (people who want to steal or shoot up in public), the supply increases.
I'm just a little smol bean startup with a 9 figure valuation not a finance expert, how could I have any idea about financial markets or risk?
if we ignore the hundreds (at least) of billions $$$ that the fed created and flooded the world economy with, in order to make that $15B "win" possible.
of course it was mostly non-Americans who ate the gigantic costs, thanks to the dollar's unique status as world reserve currency. but that just makes it worse, from a moral hazard POV.
They'll get 40% back next week, enough to make payroll for a while, and another 50% later (possibly much later), and for that second part they can find someone with big pockets to buy them out early at a discount.
how did they do it before 2010? how did e.g. the soviet union do it?