this post was submitted on 02 Aug 2024
116 points (87.7% liked)

Unpopular Opinion

6340 readers
908 users here now

Welcome to the Unpopular Opinion community!


How voting works:

Vote the opposite of the norm.


If you agree that the opinion is unpopular give it an arrow up. If it's something that's widely accepted, give it an arrow down.



Guidelines:

Tag your post, if possible (not required)


  • If your post is a "General" unpopular opinion, start the subject with [GENERAL].
  • If it is a Lemmy-specific unpopular opinion, start it with [LEMMY].


Rules:

1. NO POLITICS


Politics is everywhere. Let's make this about [general] and [lemmy] - specific topics, and keep politics out of it.


2. Be civil.


Disagreements happen, but that doesn’t provide the right to personally attack others. No racism/sexism/bigotry. Please also refrain from gatekeeping others' opinions.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Shitposts and memes are allowed but...


Only until they prove to be a problem. They can and will be removed at moderator discretion.


5. No trolling.


This shouldn't need an explanation. If your post or comment is made just to get a rise with no real value, it will be removed. You do this too often, you will get a vacation to touch grass, away from this community for 1 or more days. Repeat offenses will result in a perma-ban.



Instance-wide rules always apply. https://legal.lemmy.world/tos/

founded 1 year ago
MODERATORS
 

it is regulated by many the same groups who utilize the system, and so it is inherently corrupt.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 10 points 3 months ago

See you're absolutely right, but simultaneously, there's no other system that allows your savings to potentially beat inflation, and at the same time, it's impossible to completely stop inflation and deflating currency can actually have VERY BAD consequences for small markets not able to operate during spending strikes. Even a federally managed pensioner's fund based on a Norway style sovereign wealth fund will inherently rely on this inherently corrupt system to preserve people's hard work and savings against inflation long term, they're just gonna be kinda smarter about it and able to be fired if they fuck it up or act too obviously corrupt.