I’m interested in the second part, how # users are determined. Lemmy is federated,instance so if i setup a community instance physically I the UK and cap users at 9999,flying just under the threshold,but i federate with everywhere, my instance don’t have enough users to require compliance, right? What if i set up 5 separate instances,each capped at 9999? There’s got to be a loophole…for the children.
I was about to argue and then read “legality doesn’t matter”. You’re right.
It’s important to remember that Powell himself does not set the rates, it’s decided by a committee which he is currently the chair of. I feel like this fact is absent from much of the news I read/hear surrounding Powell & Fed interest rates.
From MSN:
Powell chairs the central bank’s eight annual meetings. But the other 11 voting members of the Federal Open Market Committee, or FOMC, get an equal say on each Fed rate decision via a majority vote.
Also important:
the Fed’s four no-cut calls so far this year have been unanimous.
I realize that the chair is an important role, but am I missing something that replacing 1 person would change the interest rate voting outcome?
I’m not disagreeing with the rest of your post, but the grocery store destroying the food is for liability reasons. A local grocery store would throw out expired food that they could not sell and someone dug some cooked rotiserie chicken out of the trash out back, ate it and died from complications due to food poisioning. His family sued AND WON because the grocery store was negligent in not destroying the food, which “lured” the hungry man to eat it since it was still in it’s on the shelf packaging and did not say that it was spoiled.