I always right-clicked for the “more info” (or whatever it was) with any suspicious email. It would look like a bunch of html code that I didn’t really understand, but buried in there would be a company name that was usually obvious, like “phishtesting.com” or some bullshit.
I always had a 100% report rate, and always joked that I was waiting to get a prize for my accuracy. And obviously, also a joke to ever think I would get anything for it
I created an inbox rule for these. The 3rd party phishing shame-and-train company my employer uses always has a certain domain in the email header (even though they always change the ‘from’ address). Has worked perfectly for over 6 months. I’m generally not dumb enough to click on them anyway. But anyone can have a bad day and/or get into a rush and make a mistake. And my boss is a sadistic prick who delights in making workers feel dumb. Yet I’m 100% sure he exempts himself from the phishing shit tests.
The point isn’t to be so tricky to make it too hard for end users to catch it. It’s to train them to start looking at things such as senders domain and to report messages and avoid the link, etc.
Until by the next year rent has universally increased by the UBI.
I’m fully in favor of UBI, but unless we can get a government that will actually crack down on price gouging all it will do is funnel right back to the crooks at the top.
I’d be fine with starting with it, though people seeing prices rise right after will be really disheartening. I’d rather start with actual legislation to punish price gouging. These companies posting record profits while the rest of us struggle more and more is absurd, and I would want to root out that greed first so any UBI can actually help the people at the bottom.
Of course, I don’t expect the American government to do either of these things. Three Republicans will call it the work of Satan or something crazy like that and the Democrats will say they’re all for it until they actually have the means to do it, then suddenly it’ll be too much to handle.
Yea, just start them. People are so conservative that doing anything different from the status quo scares them, but once we have social policies in place, people like them. Libraries, national parks, paved roads, garbage trucks, conservatives fought against every positive social policy, medicare, but then appreciated them once they were enacted.
I don’t mind people possibly being surprised at inflation if their basic financial expenses are covered.
We haven’t tried it yet, it works as expected in all the trials so far, just do it.
The mechanics of sensible ubi are straightforward: enough money or money/housing to ensure survival, public education, pay more to those who contribute more to society.
Nothing is perfect, but ensuring the health of the population and investing in their success is a much better model for progress and growth than the ridiculous she damaging disparity the states is investing in at the moment.
We need public universal medical with no private option in order to create full price regulation of medical, we don’t want the government doing any more than we have to have them do though, because of corruption and lack of input from the populass. (Well almost no real input) We need the military budget and all the wasteful spending on secretive spy programs and BS to go away. Minimize or dissolve the NSA for example, and direct all that money towards social services, accountability, and a UBI or something near it. With AI exponentially progressing we might want more of a giant divided. Then everyone’s wealth could potentially skyrocket in unison, without the top heavy distribution. So really what I’m saying is we need to own the means of production collectively. Lol
And yet I can understand the skepticism and fear. We have not had yet a big scale “experiment” (i.e. a whole country implementing it). It will have bigger yet to resolve implications (e.g. what’s the effect on migration etc.).
(And I’m a big proponent of UBI)
But I think it’s just a matter of time that this will become reality, we’re to rich (in the western world) to fiddle around with “annoyances” like poor people, and I strongly believe that it will increase creativity, innovation and thus also GDP which may be probably the biggest argument for policy makers.
Hell, it doesn’t even have to be UBI, just some assistance during Covid would’ve been nice. That one random $1500 check was treated like it was a king’s random and it was probably less than one month’s rent for alot of people.
Others will argue that corporate greed was the cause of inflation, and they’d point to plenty of companies making record profits while raising their prices.
Wow, just wow. It is OK to disagree, but what’s wrong with you to just start doing personal attacks out of blue? Do you consider yourself a good human being? If yes, look at your post again.
As for the topic of discussion, you have to learn the meaning of the word “trigger”. Also, your analogy does not stand at all, because I was not claiming that corporate greed is good, just that it is not the trigger.
No need for ad hominem attacks. Profiteering has always been a part of inflation but it’s never the cause or the underlying reason that inflation occurs. There are a host of things that go into what drives inflation but during Covid it was the Fed dumping tons of money into the system and post Covid it was wage inflation and low unemployment. Do corporations still use predatory pricing? You bet. The only thing that will really work now is either very deep recession or a depression.
Those people are wilfully ignoring the 3 trillion pumped into the market to prop it up when it crashed in 2020, which absolutely dwarfs the pittance handed out as stimulus.
That’s different. That money is the federal reserve printing, well, money and exchanging it for existing securities. They can always get money back in exchange for those securities if there is money oversupply. It is reversible.
When federal government spends more money than it has, there is no reverse mechanism, because the government does not get securities in exchange of new money it introduced to economy.
Yes, that's what the high fed rate means - they are taking it back, but because it was combination of the what Federal Reserve printed and the USGov "printed", there is disbalance, and the rates end up too high, thus inflation.
Don’t forget Money Center banks like BofA went from 10% fractional reserve (they needed to theoretically have 10% of the amount they were lending) to 0%. That’s just a fancy way of saying they can print money by fiat just like the Fed does. The Fed is weird though because it may as well be owned by the banks as well, but the head of the Fed is appointed by the president.
There are arguments though that given our somewhat teetering system that they did some “goodish” things to prevent all out collapse. Their actions have not changed anything systemic though, and the system it’s arguably the problem.
I am not quite sure how big the impact of it is on inflation. I thought even before, banks could just go and take cash from federal reserve (borrow), essentially unlimited amount and that counted as reserve. So, from practical point of view, if they saw that they can lend the money with foot risk/benefit profile, they could always do that. And they would not have to pay rate for the money which is in reserve. So, not quite sure if inflation depends on this much.
I think this is a reasonable argument. A lot of it seems to just have been companies using inflation as an excuse to raise prices causing more inflation.
That’s the best section to calm down in, there’s buttons you’re not only allowed to press but encouraged to mess with, there’s calming lights and you can put on a small light show.
To be fair, government bailouts are not just free money the government gives large corporations with no attached expectations. When the government bailed out GM, for example, the treasury gave GM $52 billion. $6.7 billion was considered a loan (with interest) which GM has since paid back. The rest was an investment resulting in a 32% ownership of GM by the US Treasury.
It would be terrible for everyone involved, not just the economy but also for quality of life. Bailouts are bad, but not bailing out is worse. So what do we do? (Sorta) simple, legislation the prevents the amount of risks that banks are allowed to take. My proof is by counter example. The great financial crisis of 2008 was due to deregulation, mainly pushed by Regan era policy. Limits on banks force them to take their due diligence with each loan and decreases the risks of bubbles (crypto, housing, coins, etc.) forming in the first place.
Bailouts are worse. Whatever you subsidize you get more of, so if you subsidize financial mismanagement you get more of the same. It is called a preverse incentive a term I am sure your economics 101 class didn’t mention for a reason. The same reason why preachers don’t mention the stuff about Jesus saying to pay taxes.
It is better to let the banks fall, FDIC the accounts, and make sure the bankruptcy courts make recommendations to the AG office for criminal prosecution.
Besides which there was really no danger of AIG or Goldman folding. They lied about their financial situation. By the time it crashes they had moved all of their toxic assets into pension funds.
And there is a shit ton of people going bankrupt over medication costs, housing costs, and student loan debt. Do you care about those issue as much as you care about giving a car corporation more money to make oversized gas-guzzlers?
People like you are the reason why everyone is so broke. You care about your tribe and no one else. Did your UAW workers get a pay raise? Cool, and fuck everyone else. Give me free money
On top of this, there is arguably avoidance of a huge negatives impact on workers in GM and elsewhere. So not only the shareholders who were benefiting. And even within shareholders there are regular people, pension funds, etc. Some bailouts make sense.
No bailouts make sense ever. If you really want to give free money to people just give it to them. You don’t need to make sure that their shitty employer is still shitty tomorrow.
Dude…as in they peed the bed, themselves, the floor, or have thrown up, or somehow made a giant time-sensitive mess that they feel they can’t clean up themselves. Grow up.
It’s funny how people don’t realize this is the actual solution and are downvoting. In reality lowering taxes for everyone achieves the exact same thing. Yet people would rather have a set of money each month given to them, despite the incredible bureaucracy that it requires, with it probably eating up 30% of the funds then.
How does this work for the disabled, the partially disabled, those who can barely get by on low income etc? Honestly we’d be better off with universal healthcare and removing employers from the health insurance system. They often pay tens of thousands of dollars in premiums, and the employees still have to pay premiums often.
That would give companies way more freedom to hire, less incentive to force near full-time part time jobs, and would allow people the freedom to move from job to job without any effect on medical services. The companies may very well not pay more. Plus the government would have the buying power to essentially price fix most medication and care.
Edit, addition:
This will never work though because of profit incentives. If I’m CEO of a fortune 500 I’m going to do absolutely whatever it takes to be profitable, and more profitable each quarter. Literally the legal obligation of a publicly traded company. It’s a fiduciary duty under law. When most of the investment is top 0.1% plus other publicly traded corporations and private equity firms the people will never benefit proportionally. Even well of working class tech workers making bank, really aren’t when you look at how little they actually have of the overall pie. If taxes go down for me, yeah I’d have more money to spend, so everyone has more money to spend, but 30% of crumbs are still crumbs, plus we lose a bunch of social services and things like Medicare and Medicaid which are already essentially damage control. Fundamentally, the incentives determine the outcomes. Capitalism, especially or current chrony implementation, is fundamentally tied to incentives that benefit wealth accumulation at the top.
Maybe… Do both? Lower the taxes and give stipends for the disabled and those who can barely hold their income? So those same people can buy things cheaper?
Let’s just have 0% taxes! Then everyone will be rich!
No one’s road will get paved and their house fires won’t get put out, but lowering taxes is the solution, so eliminating them altogether must be the ultimate way to lift everyone out of poverty!
No it’s not, the money you have monthly might be the same for a lot. But there’s a big differences psychologically and socially, that you don’t have to work just to survive. I can quit my job without having to fear how I’ll survive. I can decide to get further education without having to think about how I’ll do that financially (at least in Europe). Etc.
It’s very big difference compared to just lowering taxes (granted we’re not talking about negative income tax which may indeed result in the same thing as UBI).
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