I like the idea where you have a compulsory Kiwisaver-type scheme which earners have to contribute to. So when you want to reduce spending in the economy, you simply increase the rate that earners have to put into the scheme.
People have less money in their pocket to spend, thereby reducing demand in the economy in a deflationary way.
But importantly, they get to keep the money that is invested, but access to it just gets deferred until they retire.
Why is customer service important? In the last 20 years I’ve had to contact my ISPs customer service precisely zero times. What do you talk to them about?
Fun fact. Modern inflation rate targeting monetary policy was invented in NZ by Don Brash (and others). It has since become economic gospel for most western banking systems. https://www.nytimes.com/2014/12/21/upshot/of-kiwis-and-currencies-how-a-2-inflation-target-became-global-economic-gospel.html
The reason I heard is that Red Reader is totally free and open source, unlike most others. It also has accessability features that the official app lacks.
Quantum Badger, the developer still seems quite pessimistic about things though and he hasn’t had any assurances about how long the exemption will last for, from what I understand.
He’s talking about adapting the code to make it more Fediverse compatible, so hopefully Lemmy compatible in the not too distant future. This has to be the way long term now that Reddit is heading towards IPO.
I’ve been a Red Reader user for years, from the time when Reddit is Fun went from open to closed source and it’s a great app. I think I’m ready to quit Reddit now and start exploring alternatives and I’m sure in only a few months there will be new apps that work with the Fediverse which will offer a Reddit-like experience.
Once the critical mass of users is achieved it should hopefully scale fine, with a diverse range of instances absorbing the load influx.
Here’s one I too a couple of weeks ago in response to a a colleague telling me the grass is always greener…