orwin
Joined 9 years ago
Joined 9 years ago
Nice job, i won't get fooled again though.
Also i don't want trucks to catch fire everytime they hit a cow or a boar, the roads around where i used to live would be consistently closed :/
2% yoy inflation when assets grow 10% yoy mean reducing the purchasing power of work. Inflation target should be around asset growth if you choose to tax income rather than wealth.
Also declassified files about mkultra and mknaomi mentioned USAID but I didn't read the specifics so it might not be that bad.
But yeah, I've never read the book you're talking about, but USAID usefulness wasn't so much in medicine and food (which are still important), but in organisational, logistics and administrative support to NGOs that really increases their effectiveness, and especially small NGOs like libraries without borders or OLSF( my cousin directed this one for a few years, that's how I know how useful USAID was)
Also USAID existing prevented NGOs to have too much local political power and the corruption that goes with it.
My opinion is that overall, USAID was a net positive, although in some specific cases it wasn't.
Also since idiots predicted hyperinflation 5-4 years ago and other idiots believed them, we're still before the 'bust' of precious metal prices (We're at the point where people invest in opening new gold/silver mines), which means it will be harded to edge against inflation than it used to be.
Inside information is critical, and you can always try to do your part.