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Cake day: January 24th, 2024

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  • phdepressed@sh.itjust.workstomemes@lemmy.worldThat's 3 for 3
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    15 days ago

    Only the US Mint, literally prints money. No one else is legally allowed to print dollars and cents. Loans only deal with what money they have to lend and what you have to overall pay (coming from another source). They can generate profits but not money. Stocks do a lot more number generation and disappearing because value is speculative (see Tesla).

    The Federal Reserve sorta sets interest rates (it gets complicated).




  • They stopped being hosted by the league of women voters in 1988 because both political parties wanted to be able to frame the debates as they wished and as such started sponsoring their own debates and tried to impose several restrictions on how LWV debates would be ran. As a result LWV backed out of presidential debates but they still sponsor other debates.

    1988 to 2020 presidential debates were run by the “commission on presidential debates” basically a nonprofit co-founded and run by both the DNC and RNC. This year both campaigns opted out of the CPD debates and are only doing 2 at all, one sponsored by CNN and the other by ABC. Last year debates were a shitshow so it’s not exactly surprising.