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Flow Void

@flowvoid.bsky.social

With time comes distance. With distance comes perspective. With perspective comes wisdom.

created December 3, 2023

255 followers 1,004 following 4,487 posts

view profile on Bluesky

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Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Shareholders at which company?

1/9/2025, 2:10:14 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The new 6:30 deadline is not for the government, it's for the plaintiffs.

31/8/2025, 9:41:42 PM | 3 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

"Voters can't be trusted to choose their leaders" is basis for all arguments against democracy.

31/8/2025, 3:05:43 AM | 2 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

(I suspect those restrictions were written into law back when Covid vaccines were scarce, so that pharmacists would triage their supplies per CDC guidance).

29/8/2025, 8:58:30 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Note that the FDA doesn't regulate pharmacists. The only thing that stops Illinois pharmacists from providing Covid vaccines is Illinois state law, which mandates CDC compliance *only for Covid*. By repealing (10) and (11), Illinois could make its pharmacists fully independent of RFK.

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29/8/2025, 8:51:12 PM | 7 2 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Suppose your city banned asbestos in coffeeshops and grocery shops but not restaurants or bars. Someone complains that the ban is arbitrary and therefore illiberal. The city responds with an absolute ban on asbestos, everywhere. It's no longer arbitrary. Is that more liberal?

29/8/2025, 6:55:11 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Wait can you elaborate the Italian cuisine part?

29/8/2025, 6:30:47 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

www.tiktok.com/@peteholmes/...

29/8/2025, 4:51:17 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The simple solution is to get the vaccine from your doctor instead of CVS. Those state laws only regulate pharmacists.

29/8/2025, 3:40:27 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Former vice presidents normally get six months of protection. So if presidents weren't allowed to make decisions regarding the duration of protection, then Harris would be losing it now anyway.

29/8/2025, 2:15:29 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

It shows who pays incentives in wellness programs. Source is Department of Labor www.dol.gov/agencies/ebs...

29/8/2025, 12:10:13 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

And the insurance company usually pays at least part of the incentive.

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29/8/2025, 6:24:42 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

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29/8/2025, 6:15:08 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

29/8/2025, 6:05:05 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

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29/8/2025, 6:04:05 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

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29/8/2025, 5:58:42 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I'm not talking about exercise. I have to fill out a questionnaire regularly. If I'm getting enough preventative care, for example vaccines, then my insurance company gives me a discount.

29/8/2025, 5:50:34 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Then why are they literally paying me to get preventative care?

29/8/2025, 5:44:49 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

In my state, pharmacists can give vaccines without regard to CDC guidelines.

29/8/2025, 5:43:50 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

No, not out of the goodness of their heart. They will cover vaccinations if they decide unvaccinated people hurt their bottom line. That's how insurance companies base their decisions. My insurance rewards me for exercise. Nobody forced it to do that. You think that's the goodness of their heart?

29/8/2025, 5:38:33 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

And you realize that nobody is obligated to change their policy after recommendations change, right?

29/8/2025, 5:35:45 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Likewise, the federal government tells health insurers the MINIMUM they must cover, but it can't tell them not to cover something.

29/8/2025, 5:31:01 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

You have no idea what the CDC does, what the FDA does, or what doctors are allowed to do. The federal government advises doctors, but doctors are free to ignore the advice.

29/8/2025, 5:28:13 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The government cannot stop your doctor from prescribing a vaccine, cannot stop a pharmacist from giving you a vaccine, cannot stop health insurance from paying for vaccines, and cannot stop you from getting a vaccine. All they've done is issue recommendations. Nobody has to listen to them.

29/8/2025, 5:25:35 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Nobody knows what will happen in January.

29/8/2025, 5:23:22 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The CDC has no power over doctors. They issue recommendations that doctors are free to ignore. In fact, the American Pediatrics Association (which also has no power over doctors) just issued recommendations that directly contradict the CDC.

29/8/2025, 5:21:55 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

If we're talking about vaccines, then we're talking about the FDA.

29/8/2025, 5:19:12 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

They haven't removed approval from Covid vaccines, either.

29/8/2025, 5:18:38 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Ok, so Medicare covers cholesterol screening. A screening test is a test performed in healthy people before treatment. Medicare also covers B12 levels, when medically necessary. seniorsinfo.org/medicare-ins...

29/8/2025, 5:16:15 AM | 2 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Do you remember when MAGA doctors were prescribing ivermectin for Covid in 2020? At the time, the FDA was absolutely against that. But they still couldn't stop doctors from prescribing it.

29/8/2025, 5:08:24 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The FDA has no authority over health care providers. Zero.

29/8/2025, 5:00:40 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The parameters are established by state governments, not the FDA.

29/8/2025, 4:59:03 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

www.reuters.com/business/hea...

29/8/2025, 4:58:15 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

www.medicare.gov/coverage/car...

29/8/2025, 4:53:27 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Medicare does cover cholesterol screening.

29/8/2025, 4:51:46 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Insurance companies may or may not pay for it. Most of them likely will pay, because unvaccinated patients hurt their bottom line.

29/8/2025, 4:50:42 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

That's not true. Pharmacists MAY be able to give it to you, depending on state law. This hasn't changed under Trump.

29/8/2025, 4:49:50 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Trump can't audit health care providers. They are licensed and regulated by state governments, not the FDA.

29/8/2025, 4:48:06 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Doctors can legally give it to you (or write a prescription to get it from a pharmacist), even if you don't have any of those conditions. And the out of pocket cost is closer to $200. www.singlecare.com/blog/covid-1...

29/8/2025, 3:46:58 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Health care providers don't care about proof. They care about documentation. If you tell them you are a former smoker, they will check the "former smoker" box. Their CYA is officially done. They can give you the vaccine.

29/8/2025, 3:42:23 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The FDA can't dictate how a medicine is used, they can only make recommendations. Doctors aren't required to listen. A few years ago, the FDA said ivermectin was not recommended for patients with Covid. That didn't stop some doctors from prescribing it.

29/8/2025, 3:36:27 AM | 3 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Insurance companies don't have to reimburse, but they probably will. Because unvaccinated patients cost them money.

29/8/2025, 3:33:00 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Because the Republicans control the order that nominations are voted on, and RFK Jr was placed near the top.

28/8/2025, 11:46:06 PM | 1 0 | View on Bluesky | view

Profile picture JLRay (@jlray.bsky.social) reposted

I know it's illegal on here to notice that our leaders are actually fighting back in the job we actually elected them to do, but here's the Wall Street Journal bitching about Schumer's "historic" delaying tactics that have left almost 90% of Trump appointee slots empty. archive.ph/2025.08.27-0...

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28/8/2025, 9:55:19 PM | 1807 458 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Point being: "freedom of speech" does not mean manufacturers can escape liability if their product generates words.

28/8/2025, 9:51:38 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

OK, suppose you bought a device to monitor your home when you're away. In case of water leak it texts you "alert", otherwise it texts you a daily "all-clear". On vacation you receive only all-clears. Getting home, you see the house flooded. Is texting "all clear" protected speech, or a liability?

28/8/2025, 9:40:09 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I expect them to contribute meaningfully to things that are likely to succeed. That's not unrealistic.

28/8/2025, 8:10:42 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

As I said, I think some people have unrealistic expectations.

28/8/2025, 8:06:22 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Of course. That's why I don't complain when someone else doesn't do it for me.

28/8/2025, 8:03:15 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Anyone can lead a protest, including you.

28/8/2025, 7:58:36 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

We don't pay them to organize protests.

28/8/2025, 7:56:46 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

If anything, I'd be *less* likely to go to a protest organized by elected leaders.

28/8/2025, 7:55:54 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Yes, protests can do a lot. But they don't depend on leadership by members of Congress. Or even their participation.

28/8/2025, 7:52:36 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Why lead a protest when they could send a strongly worded letter? They accomplish the same thing

28/8/2025, 7:42:50 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Trump Tower is in downtown Chicago. Pritzker and Johnson have so many opportunities to do the funniest things...

28/8/2025, 7:27:34 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

There are certainly problems with our copyright laws, but forcing multimillion dollar AI companies to pay authors for work used in training is not one of those problems.

28/8/2025, 7:14:21 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

If at any time you possess an illegal copy, you are liable for infringement. It doesn't matter what happens to the copy later. So you can't photocopy a library book to make it into a papier-mache sculpture. Pulping doesn't "end" your liability. AI devs broke the law the moment they pirated books.

28/8/2025, 7:09:53 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Nothing is illegal until a judge says it's illegal.

28/8/2025, 6:48:33 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I suppose AI devs are now at the Find Out stage.

28/8/2025, 6:34:16 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

How could Democratic leaders successfully have stopped National Guard deployment in DC?

28/8/2025, 6:22:36 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

When do you suppose Democratic leaders could have successfully stopped RFK, but didn't try?

28/8/2025, 6:21:10 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

AI devs literally went to pirate websites. www.tomshardware.com/tech-industr...

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28/8/2025, 6:17:00 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Yes, you can read a legally accessible book in a library. But you can't make a copy of a library book. Not even with a photocopier in the library. And in the process of collecting training data, OpenAI made illegal copies of books.

28/8/2025, 6:13:03 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

They aren't doing nothing. They are doing the kinds of things that have a decent chance of success.

28/8/2025, 5:40:53 PM | 0 1 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I think people have unrealistic expectations of what Democrats can meaningfully accomplish in their situation.

28/8/2025, 5:16:55 PM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

This was not a secret.

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28/8/2025, 5:09:53 PM | 0 1 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

When it's a fight you can win, fighting is good. When it's a fight you are sure to lose, not so much.

28/8/2025, 5:00:01 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

"Why aren't Democrats demanding Lucy give them another chance at that football?"

28/8/2025, 4:36:21 PM | 2 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Democrats can - and do - show what they are fighting for without setting up a showdown that they will lose. Texas Democrats showed what they were fighting for, and when they inevitably lost their showdown they were called cowards.

28/8/2025, 4:25:45 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Why is a vote for impeachment better than a strongly worded letter? They both accomplish nothing.

28/8/2025, 4:23:10 PM | 3 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I'm not blaming Democrats. There is a large constituency that say they want visible "action", but they get angry when visible action fails. So Democrat leaders are forced to avoid high risk actions and those doomed to fail.

28/8/2025, 4:21:27 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

One way or another, the authors were paid for the copy you read. Not so for the copies OpenAI read.

28/8/2025, 4:17:31 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

When Hillary tried and failed to stop Trump, Dem voters got angry at Hillary.

28/8/2025, 3:18:13 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Those aren't free, the library paid for them and I pay for the library.

28/8/2025, 3:14:10 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Dem voters have a history of being furious at politicians who try to stop Trump/MAGA and fail. They called the Texas Democrats cowards. They'll never forgive Merrick Garland. And they'll be angry when an RFK impeachment fails. So Dem politicians will only act when there's a good chance of success.

28/8/2025, 6:49:50 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Their failure to repeal the ACA didn't do them any favors. In fact, Trump doesn't even want to talk about it any more. Republicans have focused on battles they they believe they will win.

28/8/2025, 6:34:54 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Seems like a waste of effort in retrospect

28/8/2025, 6:24:29 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The constituency that hates failure.

28/8/2025, 5:47:41 AM | 3 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Why would I want them to do something that will inevitably fail?

28/8/2025, 5:45:38 AM | 4 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The vast majority of words that are online are, in fact, copyrighted. For example, you have a copyright over the skeet I'm replying to, whether you realize it or not. And I have a copyright over this skeet that you just read.

28/8/2025, 5:28:14 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I mean, corporate emails are considered "private", but if they are relevant to a lawsuit then they can be accessed by subpoena.

28/8/2025, 5:11:28 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Piracy is not attracting massive investment from venture capital. That's the kind of thing many AI opponents are trying to stop.

28/8/2025, 4:59:55 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

If you pay a site to enforce copyright, you are paying it to enforce your copyright not that of a third party.

28/8/2025, 4:54:03 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

I can't read the works of Stephen King for free. Why can OpenAI?

28/8/2025, 4:51:33 AM | 1 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

You can't ban scraping the net for training, but you can make it very difficult to monetize models trained that way.

28/8/2025, 4:46:15 AM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Why is the profit higher? They lowered their prices, after all.

27/8/2025, 11:33:44 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

How are their costs down, but not the prices they charge?

27/8/2025, 11:32:12 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

When prices go down with increased productivity, it's *because* of labor cuts. Even in a good economy. You hire 10 people to do what used to take 20. Having lowered your labor costs, you can now lower prices.

27/8/2025, 11:25:09 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Yes, wages are sticky. That's why businesses generally prefer layoffs to wage cuts of any kind. And the next problem is investment. The average company will be worth a third less in 15 years. What kind of fool would invest their savings into such an economy?

27/8/2025, 11:22:19 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

If everyone's prices *and wages* are falling stably 2% per year, then discretionary spending is not going to change. And that's the scenario that somehow avoids layoffs.

27/8/2025, 11:02:50 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

You're assuming a business would not use layoffs when forced to reduce costs?

27/8/2025, 10:57:46 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Exactly, a business can only survive by reducing its costs. In some cases, it might pay less for raw materials. But for most businesses, the biggest cost by far is not raw materials. It's labor. And the only way to reduce labor costs is to reduce wages or fire people.

27/8/2025, 10:50:16 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The different answers are likely due to different definitions of money. Currency (M0) does not increase during lending Deposits (M1) does increase.

27/8/2025, 10:39:41 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

The only "reason" for the dual mandate is that Congress wanted the dual mandate. Let's just focus on the first steps in deflation: How can a business maintain revenue if it is forced to drop prices? How can a business keep paying workers if revenues fall?

27/8/2025, 10:36:15 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Yes, lending causes an increase in the money supply. That's why it can cause inflation. And it doesn't matter whether your money is in a savings or checking account. The only thing that matters is that you gave it to a bank.

27/8/2025, 10:31:25 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Only if they still have a job! And low prices make that much less likely.

27/8/2025, 10:28:10 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

Lower prices -> lower business revenue -> lower wages (or outright layoffs) to cut costs -> lower worker demand -> lower prices That's the classic deflationary spiral

27/8/2025, 10:27:24 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

It's not a one time hit, because interest rates persist. So there will be even more investment the following year, consuming yet more resources. The cycle ends when rates are increased again.

27/8/2025, 10:25:25 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

To elaborate: You deposit a $100 bill into your bank account. Your bank lends the bill to me. I give it to Bob in exchange for some work Bob deposits it into his account. There is still one $100 bill and $200 in deposits. Spending it on Bob didn't change anything.

27/8/2025, 10:17:33 PM | 0 0 | View on Bluesky | view

Profile picture Flow Void (@flowvoid.bsky.social) reply parent

It depends on how you define things. I'm not sure what you mean by "total dollars", "vault", "spending" etc So here's the usual example: You deposit a $100 bill into your bank account. Your bank lends the bill to me. I deposit it into my account. There is one $100 bill. There is $200 in deposits.

27/8/2025, 10:16:11 PM | 0 0 | View on Bluesky | view