• 0 Posts
  • 104 Comments
Joined 2 years ago
cake
Cake day: June 12th, 2023

help-circle

  • Republicans: categorically awful on every single issue

    Democrats: Not that

    Babies: waaaah I want a competitive party that matches my opinions on every single issue

    Find me one major party in the entire world that matches your personal ideals 100%. Spoiler: it doesn’t exist, unless you happen to be a king or dictator of an authoritarian state.

    Two party systems means you have two parties with distinct ethics, and one party winning consistently means the country’s ethics will shift over time in the favor of that winning party. So keep spite voting against Democrats and see where that gets you.

    Edit: you know why the Democrats are similar to Republicans on so many issues? Because Republicans keep winning elections.


  • Define win because I’m pretty sure it doesn’t mean what you think it means.

    The only tactic with “almost instant” results would be the US just nuking everything, which A. is definitely not a “win” by any definition, and B. is an insanely irresponsible assumption that there wouldn’t be substantial collateral damage and that’s if you were inhumane enough to ignore the lives of everyone living in the targeted countries to begin with.

    Or somehow do you think the US could win a conventional war against three separate countries “almost instantly”, after it took 2 decades to make absolutely no lasting changes in Afghanistan? In which case just lol.




  • DXY measures the US dollar against every other currency. So if the US dollar in isolation had a bunch of inflation (e.g. because the US government printed a ton of money), then that would be reflected in DXY.

    But if every major currency printed a ton of money at the same time, then DXY would not change because it’s only relative to other currencies.

    So it doesn’t calculate inflation directly, but it’s generally correlated with it.


  • SPY is up 3% YTD while DXY (which measures the value of a dollar) is down 9% YTD. If you own shares of SPY, then you hold them in dollars, so the real change in value of your stock is [share price] x 1.03 x 0.91, which translates to being down over 6%.

    BUT not only is your investment value down, if you live in the US you presumably get paid in dollars as well. Which means you’ve gotten a 9% pay cut since the start of the year.