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Joined 2 years ago
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Cake day: July 27th, 2023

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  • I think the mistake is assuming they actually hold all of those beliefs.

    Have you even argued with someone whose standards constantly shift so they’re always in the right, even when they soon back a position they were criticizing you for earlier in that conversation? That’s because they’re frantically defending another belief, sometimes one they aren’t even aware of themselves, and are either oblivious or unscrupulous enough to not notice or care how they’re doing it.

    Far-right movements like the US Republicans are made of the frauds, fascists, and con artists running the show, the low-level grifters and bigots who aspire to one day be them, and the idiots too stupid to see they’re being deceived and swindled.


















  • The explanation is literally about a third of the linked article.

    Gold leasing works much like a loan, except the asset is in ounces, not cash. Though the structures differ slightly, the underlying logic is the same: investors supply gold to a leasing platform or financier, who then lends that metal to a business. For a jeweler, refiner or fabricator who needs gold to make jewelry or components, they don’t have to borrow cash and risk price swings while holding it. They can then sell their finished products at the current gold price. The borrower then pays a lease rate — a form of interest in gold — and at the end of the term, either returns an equivalent quantity of metal or rolls the lease forward.