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Joined 2 years ago
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Cake day: July 18th, 2023

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  • I’m not sure I would trust the chart on that page. Not only does it conflict with the numbers lower down on the page, but it says the average price for a dozen eggs is like $3. Looking around online, the cheapest I could find for a dozen eggs (across multiple states) was over $3.

    Also, ancedotally, by me eggs have been going back up again from about $5.50 to over $7.







  • I understand you’re point, what I was calling out is that what McDonald’s suggests technically shouldn’t be a new burden on restaurants, but you’re probably right that it would be because how broken tipping is in America.

    Also, this approach is actually the opposite of what Walmart did to expand. Walmart used its large size to force better wholesale deals and/or operate at a loss to undercut prices that mom and pop stores couldn’t compete with. Walmart is known for cheaper prices than the competition.

    McDonald’s approach is more like regulatory capture. Once youre a big player you try to get more burdensome laws passed that make it harder for new competition and/or smaller businesses to thrive. Currently we’re seeing similar things in the online space with things like age verification laws.





  • This has been the playbook of the conservative majority on the Supreme Court to undermine our democracy. Lower courts have consistently been applying injunctions/stays that would minimize disruptions and/or infringements on rights, then the Supreme Court overturn those injunctions/stays without providing a reason (cause usually there isn’t a good one). This gives the administration the win becuase by the time the law might catch up the damage is done.

    A great example is the administration’s attempt to kill certain agencies. The executive does not have the power to do so, but by waiting around and kneecaping the agencies, the administration gets what it wants.

    Whats more obvious is that the court is obviously afraid to come out and provide reasoning for its decisions. It’s all closed door-like rulings because there isn’t much good legal reasoning or defense.






  • So I’ve been reading into stable coins a lot, because I don’t understand why anyone would care about them. And what I’ve come to realize is they are a benefit to two groups:

    • Financial institutions: Stablecoins have fewer regulations and basically allow for things you can’t do with actual dollars/currency
    • People with limited access to financial institutions (think poorer people and/or countries): With fewer regulations it’s easier for people to transact Stablecoins than dollars/currency

    At the end of the day, it feels like a “true” digital currency would be the better solution, but everyones jumping on Stablecoins because they’re here now and less regulated.

    I think there is potential in a more cash-like digital currency, but Stablecoins seem ripe to break in some unforseen way, especially given the current administration.

    Edit: Edited to fix formatting.