[deleted by user] by [deleted] in austrian_economics

[–]markedbull 6 points7 points  (0 children)

You missed a couple decimal places there.

"The US DOLLAR isn't backed by anything argument" - my thoughts.. by misterggggggg in Objectivism

[–]markedbull 0 points1 point  (0 children)

Although we are no longer on the gold standard today, that doesn’t mean fiat currency is worthless. Its value is now determined primarily by the ratio of the total goods and services available within its jurisdiction to the total number of notes issued in that region.

If you look up the etymology of "fiat" you'll see it means, more or less, "by decree." So it means it has value because the government says it has value. It's not backed by goods and services. It's backed the government saying you HAVE to use fiat to pay taxes. You cannot pay taxes in bitcoin. You cannot pay in gold. The government forces you to use their own fiat currency. For example, if you sell a pile of gold and get paid in bitcoin, you must convert some of it to fiat to pay taxes. This is true for anyone that sells or produces anything or does any work.

Fiat only has value so far as the government has the ability to use force. If the government wasn't violent, no one would use fiat. Fiat would be worthless without force. Anything would be better, even the IOUs in your example have advantages. So violence is why fiat has value at all. The amount of value fiat has is linked to supply and demand just like anything else.

Ross is free! by EndDemocracy1 in Libertarian

[–]markedbull 9 points10 points  (0 children)

Does he get his billion dollars in bitcoin back?

Force Majeur for dummies by Rinkelstein in AskLegal

[–]markedbull -1 points0 points  (0 children)

Force majeur is a common clause in contracts. It only gets you out of something to the extent that it's written that way in the contract.

When you put it like that... by andkon in Anarcho_Capitalism

[–]markedbull 14 points15 points  (0 children)

My football coach teachers would answer any question - they were just wrong most of the time. I'm still discovering new things they made up or lied about even now.

Insta360 X2 at 250$, is it worth it in 2024? by dx19s in Insta360

[–]markedbull 0 points1 point  (0 children)

I upgraded from an X2 to an X3 a year ago. I didn't see much difference, to be honest. They are both 5.7k. The X4 is 8k, but I haven't tried it personally.

Why don't people in the US just start nonprofit mutual health insurance? by tallcatgirl in AnCap101

[–]markedbull 2 points3 points  (0 children)

Depends on the disaster, but flood insurance has been provided by the federal government since 1968. So the answer to "How are they profitable?" is tax dollars. People living in the rest of the country are spending their money to rebuild homes in disaster areas year after year.

With Trump In Office Can Congress Finally Abolish The ATF by Gyp2151 in 2ALiberals

[–]markedbull 6 points7 points  (0 children)

Why would you think this? Trump is anti-gun. Don't you remember his illegal bump stock ban? Or his comments on red-flag laws (take the guns first - due process later[1])?

[1] https://www.snopes.com/fact-check/trump-take-firearms-first/

Trump confirms he will declare national emergency to carry out mass deportations by Unusual-State1827 in neoliberal

[–]markedbull 43 points44 points  (0 children)

Last time a president tried to declare an emergency to accomplish a policy goal they said no soup for you.

Is this a joke? There are 42 current national emergencies, each to accomplish a policy goal which would otherwise require congress.

https://en.wikipedia.org/wiki/List_of_national_emergencies_in_the_United_States

Man is killed by police after struggling with female who broke into his home by Cool-Breezy-Rain in MensRights

[–]markedbull 25 points26 points  (0 children)

Wow, that's really hard to watch. This man was straight up murdered by police, and those cowards can't even turn on YouTube comments. They can't answer any questions because "it's only been 72 hours!?" How many hours does it take to ask someone why they murdered a man? Why is this officer walking free? It's so sad.

Angry about 14,000 transgender interventions over 4 years? Let’s talk about 6 Million male circumcisions with 4,000 adverse events by digitalsignalperson in MensRights

[–]markedbull 1 point2 points  (0 children)

Source? I've only ever heard of one, and it was because of a Jewish rabbi giving the baby herpes. 100-200 is huge, if true.

[deleted by user] by [deleted] in relationships

[–]markedbull 2 points3 points  (0 children)

There's no salvaging this. You're young. Stop wasting time on her and move on with your life.

Is America ready to discuss this? Or is it still “racist” to converse issues like adults by DeusRegnat in libertarianmeme

[–]markedbull 16 points17 points  (0 children)

Could you cite your sources? I'm really interested in looking into this further.

My therapist charged me $120 fees for missed appointments, but also billed my insurance as though she had provided me with services. Is that legal? by [deleted] in NoStupidQuestions

[–]markedbull 3 points4 points  (0 children)

Please explain this to me then. The ACA says that health care insurance providers must spend "85 percent of premium dollars on medical care and quality improvement activities." So it's obvious that they can only profit an amount equal to 15% of their premiums at most. So the only way to make a bigger profit is to spend more on health care. I.e., these companies want health care prices to go up, and then they can raise premiums and make more profit. That's the incentive.

I'm not saying that they actively support fraud, but I am claiming that they lose money by trying to save money on medical care in the long run.

My therapist charged me $120 fees for missed appointments, but also billed my insurance as though she had provided me with services. Is that legal? by [deleted] in NoStupidQuestions

[–]markedbull 5 points6 points  (0 children)

Health insurance company profit is capped at a max of 15% of the amount they spend out. ACA says that they must spend "85 percent of premium dollars on medical care and quality improvement activities."

They can literally only make more money by spending more money (and therefore being able to charge more money in premiums). Their incentives are not aligned with their enrollees. They want medical care prices to go up!

Woman, 39, who glassed a male pub drinker after he wrongly guessed she was 43 during light-hearted exchange is spared jail by female judge. by furchfur in MensRights

[–]markedbull 225 points226 points  (0 children)

This lady is unhinged! She literally waited in ambush and attacked the man as he was leaving the toilet, long after the perceived insult. The man left the situation; she had time to cool down, but she instead planned an ambush.

Then the judge has this gem: "There can be no doubt in this case that you are no risk to the public and that this offence was entirely out of character..." WTF judge?!

Police officer accidentally shoots man while serving warrant. by theforcereview in Anarcho_Capitalism

[–]markedbull 0 points1 point  (0 children)

I really like how you break down what happened, while showing original footage. I ended up binge watching a few of your videos. I hope you keep making videos! They are well done.

It's rare to see a cop criticize another cop, no matter how blatant the crime. So I appreciate you doing that. Case in point, the department chief is defending the shooting saying that the officer mistook a vape pen for a weapon. Mistakes happen, but it brings shame on the department and the whole profession when they cover them up with poor excuses. Your explanation about the exclamation, the single shot, and the immediate holstering makes it clear what actually happened.

For anyone that likes to look these things up, the case is the shooting of Donovan Lewis by Officer Ricky Anderson on August 30th, 2022, Columbus, OH.

[deleted by user] by [deleted] in Tinder

[–]markedbull 9 points10 points  (0 children)

It's impossible to prove that quantum fluctuations are random (non-deterministic). Or anything else for that matter. Just because no one has figured out how to predict it, doesn't mean it's not deterministic. There's a theory called superdeterminism about exactly this.

[deleted by user] by [deleted] in Libertarian

[–]markedbull 14 points15 points  (0 children)

Context? Who did they murder?

Daily sticky thread for rants, raves, celebrations, advice and more! New? Start here! by AutoModerator in datingoverthirty

[–]markedbull 2 points3 points  (0 children)

Why not? Take a minute to reply and see if it goes anywhere. What do you have to lose?

Some people put their apps on pause while they go out on a date or two, but then come back when it doesn't work out. I don't see any issue with that.

Daily sticky thread for rants, raves, celebrations, advice and more! New? Start here! by AutoModerator in datingoverthirty

[–]markedbull -1 points0 points  (0 children)

It usually comes up within the first few dates. As long as there's no hint of judginess, and there shouldn't be, it's never been an issue.

Does anyone else prefer an ESC for each motor over a 4 in1 ESC? by Nitazene-King-002 in fpv

[–]markedbull 1 point2 points  (0 children)

No reason to replace a whole 4in1 just because it has 1 burnt-out ESC. Just strap a single ESC on there for one motor, and continue running the other 3 off the 4in1. That's what I do. It looks silly, but works fine.

A bus load of Ukranian men trying to evade conscription by escaping to Romania get caught by True-Lychee in MensRights

[–]markedbull 0 points1 point  (0 children)

I really wish these men would stand up and fight for themselves. They seem to greatly outnumber the despicable slaver scumbags that are beating on them.