World News
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
view the rest of the comments
Usually in modern language "printing money" is simply the central bank moving a numbers on a spreadsheet, not necessarily creating new currency notes. This is especially true if the newly "printing money" is being used to repay foreign debts.
Are you saying Argentina is actually running out of currency? If so, where is it all going?
That's a good explanation about how a government can cause rapid (or even hyper)-inflation, but most of this impact isn't felt with people handling currency as far as number of bills they have to carry.
A government devaluing its currency usually prints larger denomination notes. As an example:
If a home appliance like a stove costs 100 Argentinian Pesos it might be paid for with ten 10 Peso notes for a total of 100 Pesos.
After a couple of years of rapid inflation the same stove might cost 2000 Argentinian Pesos. While someone buying a stove could technically still use two hundred 10 Peso notes for a total of 2000 Pesos, that's a lot of currency to carry. Instead government print larger denomination notes. A quick look at the wikipedia page on the Argentinian Peso confirms what I'm talking about. In May of this year, they started printing a 2000 Peso note. So that stove from the example could be paid with a single note, not two hundred.
I would guess usually when these larger notes are being printed the same number of notes in circulation doesn't need to change that much because the new notes are worth exponentially more than the old notes they would have produced in the same amount of time. In May of 2017 the smallest denomination note was 20 Pesos. However, in May 2023 the smallest denomination note is 100 Pesos.
If that is the case, where is the need to increase the number of notes in circulation, when the value of each note has gone up so much more?