Gorgritch_Umie_Killa

What matters for an economy, and therefore the value of its currency, is the value they create–simply put, how much resources they exploit and how efficiently

Yeah, thats the way it ought to be, its actually slightly different, and is very important in the context of what a country does to undermine it’s own currency, or even a companies director does to the value of their company.

Value is a question of perception. How much are people/investors willing to tolerate and still perceive the value in a good or service or currency.

Its the reason the massive quantitative easing ended up spreading so widely as a tool in the last 15 years. In the beginning it was assumed that the massive ‘money printing’ would lead to massive devaluations, which didn’t really happen as expected. Thats because the reaction in value percieptions in those currencies ended being more flexible than central bankers and economists initially feared.

The perception of value played a role in how long it took for people in the US to recognise the real estate bubble exploding in 07-08. It plays a role in really any bubble, and is why prices drastically plummet instead of taper. The value perception changes en masse, and bang, everybody runs for the door.

One more interesting example is the value perception comparison of essential workers in the COVID19 Pandemic compared to normal times.

It can sometimes grow to quite a large fund for people.

Damian Gordon saved $46,000. He described it as a hobby for him. What a legend!

Yeah, to add a different perspective, but largely agreeing.

The Americans have unnecessarily squeezed this new regime in Syria for months more than they needed to, international aid agencies that could provide some stability in the country haven’t been able to enter due to these sanctions, Rest is Politics UK spoke in better detail about this a few months back.

Biden had a smallish wondow of a chance to give this regime a go, Trump has had ample time. In this case, it seems America’s corruption may have circumvented their stubborn prejudice and evangelism.

Bad action; good result? On balance at least?

Lot of good advice here about curation, thats definitely an option to leverage your subscribed feed.

Another option, is to remove yourself from the largest server (lemmy world), look at your options on other instances, theres hundreds. The label to the right of usernames should denote what instance people are connecting from.

Some examples are blahaj, midwest.social, sopuli, feddit…

The links below have lists of a lot of the available instances,

Lemmyverse.net

Fedidb

Advantages of Choosing a Smaller Server

The experience of the ‘Local’ tab seems to be genuinely different from Lemmy World.

Lemmy World probably doesn’t look too different whether you sort by the ‘all’ tab or ‘local’ tab, so you really only have the ‘subscribe’ tab to find and hone your niche on the network.

Going for a smaller, but active in its own right, instance means you suddenly have a ‘local’ tab that is highly differentiated from the wider lemmy network, andgoing along with that its often a bit less political.

I’d use my own as an example here, but we’ve just had a major election in Australia, so its been pretty political lately, i’m expecting that to subside now that the chooks are counted.