jrs100000

Ok I was being circuitous. Distilleries do have the capacity to produce numerous chemicals. The issue is not that Russia might run out of disinfectants or antifreeze. The concern is that that breweries and distilleries are dual use facilities. They can be used to produce common consumer goods, like alcohol, but can also be converted to produce chemical and biological agents. If Ukraine is spending valuable strategic drones to blow up distilleries it could be that they just dont have any better targets, or it might be that they are desperate and trying to do anything to make a fireball, or it might be that the CIA has warned them that Russia is getting desperate and is prepping their next war crime.

I am curious what the goal is. The first is pretty, but stills are notoriously easy to replace and bulk grain alcohol is cheap. Are they producing something other than vodka here?

That would actually explain some things

Anakin was able to build this in a cave! With a box of scraps!

Is nobody going to ask why Ted Cruz is wearing a yellow wig?

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Oh thank God. I thought they were bragging about using Twitter.

No, the first course of action would be to stop the fire.

Link just doesnt realize he is the girlfriend now.

Well it looks like one of the SU-57s is already down, so the odds are looking better for Cessna!

Plenty of people with moderate views are passionate about politics and love to talk about it. Its just that they talk about boring stuff like policy positions and numbers.

In practice, if you report so little tips you cant hit minimum wage management will assume you are (a) lying to the IRS, (b) providing awful service, or © business is too slow to justify you being there. Any way you look at you probably wont work there much longer.

Send everyone 12 dollars.

must be a Picard fan.

Tiny short term changes either way will not be enough to drastically alter people’s behavior. If those changes are long term and predictable they will absolutely change people’s behavior. 2% may not be much year over year, but over a 30 year mortgage you can expect to take a bath on any house you buy, even with 1% interest rate. And people, rich and poor, do horde cash when they think that returns are going to become negative. In a very mildly deflationary world this happens much more often than in an inflationary one.

Yes, companies can save money because one person with a computer can replace a whole pool of secretaries or a room full of people doing mathematical calculation. You can buy a whole wardrobe of full of clothes for what a few outfits might have cost before, thanks to automation and cheap foreign labor. Weve seen quite a bit of that in the last 50 years. It means you can buy all the mass produced plastic crap you want, but you cant afford a house to put it in. And it has resulted in a MASSIVE boost in wealth equality, its just that it was a global phenomenon and it was the poor people in places like India and China that experienced it.

It doesnt hurt the banks, it destroys them. The modern economy is unable to function without banks. I suppose if you were in favor of entirely destroying the modern economic system, long term deflation would be the easiest way to do it. Dont expect some sort of socialist utopia to come out the other side though. Last time we had a serious deflationary run we ended up with a handful of obscenely wealthy robber barons and a world war.

Thats depreciation, not deflation.

Im not sure what you are trying to say exactly. If you are running your responses through a translator you might try using smaller words so more of the meaning comes through.

Say you owe the bank roughly a million dollars and the house is only worth half a million. If you continue to pay the bank, you are paying double price for your house, plus interest. If you defaulted on the loan you could show up at the bank auction in a fake mustache and get it for half price. There are people out there who would work themselves to death to pay their mortgage because they see it as their sacred duty to the bank. Those people are suckers, and they end up very poor in this scenario.

Now keep in mind that this isnt just house prices were talking about. Stock prices, salaries, food, land, machines, fuel, clothing, vehicles, every month the price of all of it goes down and the value of little slips of paper goes up. This is the ultimate passive income. If you are rich you cash out everything, put your paper in a vault and each month you become richer. There no investment, no economic growth, no liquidity. The economy strangles to death while the people with all the paper control everything thats left.

This is the dream of all the gold, silver, crypto bugs trying to create deflationary currency. They figure they can stockpile enough of the new currency now and come out the other end of the disaster as the new owners of everything.

Everyone seems to be missing the most dangerous part of deflation: If prices fall year over year, collateralize credit becomes incredibly unstable. If you borrow a million dollars from the bank to build a house and then in five years that house is worth half a million…well you would be stupid not to walk away for your loan and leave the bank with a half million dollar hole in its balance sheet. If the whole market does this consistently year after year then banking becomes impossible and the whole system collapses. Weve had this happen before, such as during the Great Depression and very briefly during other market crashes like in 2008. If a central bank has to choose between inflation and deflation, they will choose inflation every time.