News for hackers. Stuff that matters.
Re:Does QE Cause Wealth Inequality? by whimsicalism on Tuesday November 16, 2021 @02:07PM (#29244991)
Well, is it better to be let in and provided with services (what the US does) or kept out and in an impoverished country?
Re:Does QE Cause Wealth Inequality? by Ericson2314 on Tuesday November 16, 2021 @02:10PM (#29245032)
I don't know! :)

The best-of-both-worlds is what I want. The first decently country to let in immigrants while reducing working hours is going to crush everyone else with a strong, more technologically- and culturally-advanced society. I am excited to see it happen.

(incidentally a very vague materialist take on why the soviet union sucked is it began too underdeveloped, and in the rush to do more work they ended up too military-industrial. A lot of people say "not enough consumption" but you ought to connect it being able to let demand "pull" investment rather than centrally "push" investment. More consumer goods or less working hours are somewhat equivalent once you are (post-)industrialized.)

Re:Does QE Cause Wealth Inequality? by Jensson on Tuesday November 16, 2021 @02:21PM (#29245194)
Germany alone has taken in more refugees than the entirety of USA. USA is not immigration friendly at all for those who really need it.

https://www.unhcr.org/refugee-statistics/

Edit: Btw, I think the poster above meant the millions of undocumented immigrants living in USA without full rights.

Re:Does QE Cause Wealth Inequality? by whimsicalism on Tuesday November 16, 2021 @02:30PM (#29245296)
Refugee is not synonymous with immigrant.

The US has admitted more than 1.2 million refugees (I believe the number is closer to 3 million), this chart only counts refugees under UNHCR mandate.

Re:Does QE Cause Wealth Inequality? by Ericson2314 on Tuesday November 16, 2021 @03:08PM (#29245773)
Yes good thing Merkel did that. But they also are crazy austrians and crazy anti-nuclears.

"Syrians good, Greeks bad, let's breed Neo-Nazis with austerity so Syrians bad soon too. Oh and more coal." Is that really net good?!