this post was submitted on 09 Sep 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

This is not debate club. Unless it’s amusing debate.

For actually-good tech, you want our NotAwfulTech community

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Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

(Semi-obligatory thanks to @dgerard for starting this)

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[–] sailor_sega_saturn@awful.systems 5 points 2 months ago (5 children)

some nutter in the xhitter thread hoped the real reason the Empire fell would be “inflation”

Someone's been watching too much Tuttle Twins (Warning: link to fascist propaganda youtube channel).

[–] gerikson@awful.systems 8 points 2 months ago* (last edited 2 months ago) (4 children)

The links between hard money/goldbugs and (US) hard right goes back a long way, at least to the 30s I believe.

Interestingly, an almost pathological fear of inflation is also part of the foundational myth of the BRD, but if you look at the actual history, Weimar-era hyperinflation wasn't really the root cause of Nazism, the Depression arguably was a bigger contributing factor.

[–] YourNetworkIsHaunted@awful.systems 9 points 2 months ago (3 children)

It makes a certain amount of sense with the conspiracy theories that are at the heart of fascist understanding of politics, though. Goldbuggery treats inflation like it's a very simple question of monetary policy rather than a complex emergent part of an economic environment centered around constant growth. This means it's a perfect tool for (((Them))) to be using from their secret position of power to invert the obvious natural order and keep Us (and more importantly from a propaganda perspective, You) away from the luxury and power that We deserve. The fascist conspiracy theories also answer the obvious problem with the goldbug narrative: if it's so easy to fix inflation and would have no negative consequences, why don't the people we keep electing to fix it just... do that?

[–] gerikson@awful.systems 8 points 2 months ago (2 children)

Well put. Another example I like to play in my head (never debated a goldbug for real in my life, not starting now) is that if the gold standard is so great, how come a small-ish country like Switzerland or Singapore hasn't started using it and outcompeting everyone?

There's only 2 answers to that:

  1. the gold standard doesn't work in the modern economy, the one that has lifted millions out of poverty and created untold wealth (to great environmental damage, sure)
  2. the gold standard is being kept from them by (((they)))

Answer 2 is obvious if you're a fascist.

[–] dgerard@awful.systems 4 points 2 months ago* (last edited 2 months ago)

Not gold, but some countries do work to an officially restricted money supply! Those that have officially dollarised, e.g. El Salvador and Ecuador.

I'm familiar with .sv. The government is horribly constricted - because they can't print money and the populace doesn't trust them to print money - so every year it's more sovereign bonds. Then a fuckwit like Bukele comes along and thinks that bitcoins will make anything better and not worse.

So yeah, turns out past 1930 that not being able to do monetary policy fucking sucks.

[–] m@blat.at 4 points 2 months ago

@gerikson @YourNetworkIsHaunted That and even hyper-cautious countries like Switzerland have been selling off their gold reserves to at least some extent, because they listen to sane economists rather than nut jobs.