Innerworld

joined 7 months ago
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Bull steals a scooter in c/crazyfuckingvideos@lemmy.world
0
YSK how money is created (media.springernature.com)
 

cross-posted from: https://lemmy.world/post/50413218

YSK this because the high amount of public debt, which has been getting a lot of attention in the US, is actually by design.

In our double-entry bookkeeping system, money is created via bank lending and government spending, adding to the economy, and is destroyed via loan repayments and taxes, subtracting from the economy.

Central banks create a wealth pump mechanism into assets through money printing, which erodes consumer purchasing power, driven by deficit spending, which creates money for the private sector.

Profits are privatized; losses are socialized.

16
YSK how money is created (media.springernature.com)
 

YSK this because the high amount of public debt, which has been getting a lot of attention in the US, is actually by design.

In our double-entry bookkeeping system, money is created via bank lending and government spending, adding to the economy, and is destroyed via loan repayments and taxes, subtracting from the economy.

Central banks create a wealth pump mechanism into assets through money printing, which erodes consumer purchasing power, driven by deficit spending, which creates money for the private sector.

Profits are privatized; losses are socialized.

1
Mod(s)? (lemmy.world)
 

In recent weeks I have moved on to other things and don't see myself using Lemmy as much in the future, at least not in the same capacity.

I'd like for this community to continue so I can leave things as is, but given my lack of involvement going forward, I think it would be better to appoint a new mod(s) and probably transfer ownership to one of them as well.

Thank you for allowing me to contribute. I got really into it! I'd be happy to share the resources and information I was accessing and using for posts.

All the best.

2
Mod(s)? (lemmy.world)
 

In recent weeks I have moved on to other things and don't see myself using Lemmy as much in the future, at least not in the same capacity.

I'd like for this community to continue so I can leave things as is, but given my lack of involvement going forward, I think it would be better to appoint a new mod(s) and probably transfer ownership to one of them as well.

Thank you for allowing me to contribute. I got really into it! I'd be happy to share the resources and information I was accessing and using for posts.

All the best.

Looking for Mod in c/linguistics@mander.xyz
Looking for Mod in c/linguistics@mander.xyz
[–] Innerworld@lemmy.world 1 points 2 weeks ago (1 children)

many blessings

4
Looking for Mod (lemmy.world)
 

Looks like the former mod of Linguistics made me mod even though I said no. I value this nature and science server so I'm looking for someone serious to take over.

4
World’s most competitive destinations for wealth migration (2026) (www.visualcapitalist.com)
 
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World’s 20 largest economies by nominal GDP and purchasing power parity (2026) (www.visualcapitalist.com)
 
4
Every US state by nominal GDP (2025) (www.visualcapitalist.com)
 
2
Number of registered voters in each US state (2026) (www.voronoiapp.com)
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15 countries with the largest combat tank inventories (2026) (www.visualcapitalist.com)
 
4
Share of people in countries who agree they can trust most news most of the time (2026) (www.visualcapitalist.com)
 
48
World's 20 highest officially verified national temperature records (2026) (slrpnk.net)
The 4th batch of files posted on the government's UFO website includes 14 documents, 19 videos, 4 audio files, and 3 images from several federal agencies in c/ufos@lemmy.world
The Bayeux Tapestry, showing William of Normandy, chronicling the English/Norman battle in 1066 which led to the Norman Conquest in c/traditional_art@lemmy.world
[–] Innerworld@lemmy.world 2 points 1 month ago

Fun fact I didn't see coming:

An 11th-century tapestry arrived at London's British Museum yesterday after a covert, high-security operation, marking the first time it has left France in nearly 1,000 years. 

The Bayeux Tapestry traveled roughly 350 miles overnight by truck and train in a climate-controlled, vibration-dampening crate. Stitched in wool thread on linen, the 230-foot-long embroidery depicts the lead up to William, Duke of Normandy's, 1066 invasion of England—an event that solidified lasting ties between Britain and France (explore here, scene by scene).

Historians believe the piece was made in England and then sent to William's half brother in France, where it has since remained. British officials have asked to borrow it since the 1950s, but France repeatedly refused, citing its fragility. (A recent report found it has 24,204 stains, 9,646 holes, and 30 tears.) French President Emmanuel Macron ultimately approved the loan in 2018 as a gesture of trust and friendship. Learn how Britain and France went from foes to friends here (w/video).

The Bayeux Tapestry will be on display in London from Sept. 10, 2026, through July 11, 2027. The British Museum has already generated about $3.3M in ticket sales.

Letters of the alphabet in American Sign Language in c/linguistics@mander.xyz
[–] Innerworld@lemmy.world 1 points 1 month ago

Go to the source that is the URL of the post.

Geographical distribution of the world's main language families in c/linguistics@mander.xyz
[–] Innerworld@lemmy.world 2 points 1 month ago

Brilliant! Thank you!

Arthur's Round Table in the Grand Hall, Winchester, England, United-Kingdom in c/traditional_art@lemmy.world
[–] Innerworld@lemmy.world 4 points 1 month ago

You're very welcome!

The Digestive System (2006) in c/biology@mander.xyz
Biotech startup Conception claims to have generated the first early human egg cells derived from stem cells, built entirely from scratch in c/biology@mander.xyz
[–] Innerworld@lemmy.world 5 points 1 month ago (4 children)

What are we doing?

Prise de la Bastille (1789) in c/traditional_art@lemmy.world
[–] Innerworld@lemmy.world 1 points 1 month ago (1 children)

Feel free to do so

Travel app Hopper to pay $35M in FTC settlement over ‘unfairly’ charging hidden fees in c/Settlements@lemmy.world
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