• 14 Posts
  • 487 Comments
Joined 1 month ago
cake
Cake day: February 5th, 2026

help-circle














  • Printing money isn’t the main driver of inflation. In developed economies, most of the money in circulation is created by private banks through lending.

    Most inflation comes from demand outpacing supply. For example, when a war in Iran disrupts oil production, supply shrinks and prices shoot up. Similar thing happens when workers demand higher pay - businesses face higher costs and pass them on to customers through price increases.

    Central banks fight inflation with interest rates - not by “printing less money.” When they raise rates, borrowing gets more expensive, people and businesses spend less, demand drops, and inflation cools off.

    A little inflation - around 2% - is actually good. It keeps the economy moving. As money slowly loses value, people have incentive to spend it rather than hoard it. At 0% inflation, people have less incentive to spend on non-essentials or invest, because holding cash is costless. And deflation is the real killer - everyone holds off buying because their money will be worth more tomorrow.





  • They suspect it was hit by a Qaem-118 ground-to-air missile fired from a pod on the back of a pickup truck. These things only have about a 25 km range and are mostly designed against drones and helicopters, so they pack a smaller warhead - which is probably why the plane was able to fly back home.

    And for anyone wondering how a nation like Iran could hit the world’s most advanced 5th-generation stealth fighter: with a heat-seeking missile from short range. Stealth mostly protects against active radar, whereas IR radiation is something the plane itself emits (heat). It may not be enough to detect from hundreds of kilometers away, but this was apparently much closer.