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Joined 3 years ago
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Cake day: June 22nd, 2023

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  • MS Office, for example is a product with 30 years of development behind it. How do you replace it?

    • You could buy a competing commercial implementation. Something like… Ah, hang on … Google Office or Apple’s offerings or …
    • You could start up a new EU company to develop an office suite. Five to ten years later you may have something that can compete, but that company needed secure investment so it didn’t get acquired over that period. There’s also no guarantee it will succeed. Probably a €250M gamble.
    • Or you can build on open source and accelerate faster. Deploy what exists today and invest in the development to enhance it.

    If you want to minimise risk and move quickly, I don’t see another option.





  • Does anybody have anything other than an “introduction” to MMT? I find that everything I see stops short of answering the questions I have.

    • MMTers will say it’s just a new (more accurate) way to think about how the existing system works, but how does it effect a governments options for policy?
    • They will also say it’s not a license to spend recklessly, as the difference between money issued and money reclaimed drives inflation. This sounds like having a limit on a budget deficit / borrowing to me, so how is this different?
    • They will also stress that it means you don’t have to wait for growth (i.e. increasing tax income) to start government spending as spending is money creation. Fine, but it’s still a feedback loop, and after year 1 why does it matter where the loop started?











  • Post WW2 America has dragged us into far more conflict than we should have been part of. I think the only conflict the UK has entered of it’s own accord is the Falklands war. Other than that it’s been UN peacekeeping forces, NATO operations, or (and these are the problem ones) trying to make US operations not look unilateral (e.g. Iraq 1 & 2).

    They’ve also made sure all our innovation goes to them first.

    Now I’m sure there have been benefits to having the US in our corner, but I think we’ve been exploited in a lot of ways for the sake of the “special relationship”.