Tether looks like a scam based on this Article

[Yodean]

[SOL]

Gas prices hit seven-year highs

BRIAN CHEUNG: Well, let's take a look at the price of crude oil on this Friday, October 8. And you can see that prices of crude oil were getting pretty close to $80, $79.56. Brent crude oil over the hump of $80, currently at around $82.54. And obviously, this is something that's becoming a pain point for all Americans as there's some worry that rising prices, if they do persist through the winter, could really pinch Americans' wallets.
https://finance.yahoo.com/video/gas-pri ... 10666.html



These two charts indicate that oil prices and gas prices while both trend in the general upward direction, there is no direct correlation. Very high oil prices don't correspond with exact surges in Gasoline prices. Which suggests that these spikes are artificially created.

AI and tech are going to decimate the Inflation outlook in the years to come. The most expensive component which is carbon-based (Humans) is going to be eliminated from the equation and that will cause prices to drop everywhere. The current labour crunch is only accelerating that trend. There is a 4th level reason as to why there is a labour crunch. Let's see if anyone can get the answer right. Think out of the box and don't use commercially available data when answering the question

[AstuteShift]

There is too many useless jobs and sectors which AI can do more efficiently for growth and advancement

The top players can kill two birds with one stone, destroy worthless jobs, have the masses be happy with UBI and then ultimately Rob them off efficiently when VR comes

I would’ve like to say that the masses are waking up but that’s far from the truth. Stupidity keeps rising while common sense is dipping

[stefk]

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

David graeber, bullshit jobs.

[Budge]

The most expensive component which is carbon-based (Humans) is going to be eliminated from the equation and that will cause prices to drop everywhere.
There is a 4th level reason as to why there is a labour crunch. Let's see if anyone can get the answer right. Think out of the box and don't use commercially available data when answering the question

If Gates has his way, the elimination will be carbon based life forms assuming room temperature and taking dirt naps. While on that topic, many, many more people appear to have assumed room temp than is realised. The monthly BLS numbers for those not in the workforce have halved over the last year. The prime way to get off this list is to die. Lots of dying going on somewhere.

[Yodean]

The top players can kill two birds with one stone, destroy worthless jobs, have the masses be happy with UBI ...

The UBI trend appears to be gaining traction in the U.S.S.A.:

*****

At least 16 cities and counties are handing out no-strings-attached payments to some low-income residents, a Reuters tally found. At least 31 other local governments plan to do so in the months ahead.

That's a departure from most U.S. anti-poverty programs, which provide benefits for specific needs like groceries or rent and require recipients to hold a job or look for work.

"It's a complete rejection of the notion that we need to Big Brother people to a way out of poverty," said Michael Tubbs, who set up the nation's first "basic income" program in 2019 while he was mayor of Stockton, California.

In recent years, the notion of a universal basic income has gained currency in the face of worries that automation will lead to widespread layoffs, and a belief among racial-justice advocates that the current system is inadequate and demeaning.

The federal government provided a proof of concept over the past two years, sending more than $800 billion to households in three COVID-19 aid packages. Washington delivered another $93 billion to 36 million families this year through an expanded child tax credit.

Durham, North Carolina, will provide checks to people getting out of prison.

Advocates hope these efforts will ultimately convince Washington to set up a national basic income program.

A national program also would be expensive. One proposal to keep every American above the poverty line, set at $26,500 for a family of four in 2021, would cost $876 billion, more than doubling U.S. anti-poverty spending. Another would cost more than twice that amount.

*****
https://www.kitco.com/news/2021-12-21/U ... money.html

*****

Sounds quite lovely ... but hmmm, who's gonna foot the bill? LMAO.

The current manifestation of the Kali Yuga Metaverse is amusing, indeed.

[SOL]

Sounds quite lovely ... but hmmm, who's gonna foot the bill? LMAO.

The current manifestation of the Kali Yuga Metaverse is amusing, indeed.

Old Russians from the KGB and FSB must be laughing, They promised that one day the US would become socialist/communist. It looks like they were spot on for the trend continues to gain traction. As to who is going to foot the bill, well guys like you, for the mantra is milk the rich to feed the poor or more apt analogy steal from peter to feed paul while killing John in the process. What are the options? Move from Western nations that are embracing socialism at an alarming pace into developing nations that are moving in the opposite direction.

[harryg]

The government that robs Peter to pay Paul can always rely upon the support of Paul

George Bernard Shaw