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  3. Surveillance pricing lets corporations decide what your dollar is worth

Surveillance pricing lets corporations decide what your dollar is worth

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  • P This user is from outside of this forum
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    wrote last edited by
    #1
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      9 This user is from outside of this forum
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      wrote last edited by
      #2

      This is anti-fungibility. Your dollar is not worth the same as somebody else's dollar. P sure that's illegal.

      O O 2 Replies Last reply
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      • 9 [email protected]

        This is anti-fungibility. Your dollar is not worth the same as somebody else's dollar. P sure that's illegal.

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        wrote last edited by
        #3

        Is it actually?

        I'm not arguing, I would think it is too. But i know companies find ways to structure things specifically to avoid legal/regulatory issues, or at least so they can argue something is legal to get away with it until legal action is taken and a judge disagrees with them.

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          wrote last edited by [email protected]
          #4

          Or to put it another way, lets them exploit your circumstances in order to extract more money from you, or to pay you less.

          The article goes beyond that by including a lot of relevant references. It might be worth a read even if the headline is unsurprising.

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          • O [email protected]

            Is it actually?

            I'm not arguing, I would think it is too. But i know companies find ways to structure things specifically to avoid legal/regulatory issues, or at least so they can argue something is legal to get away with it until legal action is taken and a judge disagrees with them.

            P This user is from outside of this forum
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            wrote last edited by
            #5

            It is extremely legal, under the US's current governmental infrastructure. The linked article gives a bunch of examples including legalized price-fixing on rent and meat prices, and how they function.

            I'm honestly a little surprised and saddened to read these comments and votes and realize that reading the article is a pretty rare thing on Lemmy, before starting to broadcast what is the poster's opinion of what might be in it and their reaction to the imagining.

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            • P [email protected]

              It is extremely legal, under the US's current governmental infrastructure. The linked article gives a bunch of examples including legalized price-fixing on rent and meat prices, and how they function.

              I'm honestly a little surprised and saddened to read these comments and votes and realize that reading the article is a pretty rare thing on Lemmy, before starting to broadcast what is the poster's opinion of what might be in it and their reaction to the imagining.

              9 This user is from outside of this forum
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              wrote last edited by [email protected]
              #6

              The linked article does not talk about fungibility at all, let alone anything about NAFTA, HTS, CFR, or anything else concerning laws in place for fungibility.

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                The linked article does not talk about fungibility at all, let alone anything about NAFTA, HTS, CFR, or anything else concerning laws in place for fungibility.

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                wrote last edited by
                #7

                Correct. What it talks about is other laws, and how the government and industry has been breaking them, and the harm that it's causing. Which is what confused me about your comment and led me to the conclusion maybe you just hadn't read the article and were talking about something mostly unrelated based on just reading the headline.

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                • W [email protected]

                  Or to put it another way, lets them exploit your circumstances in order to extract more money from you, or to pay you less.

                  The article goes beyond that by including a lot of relevant references. It might be worth a read even if the headline is unsurprising.

                  O This user is from outside of this forum
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                  wrote last edited by
                  #8

                  Ipsos custodes ipsos?

                  I dunno, but i hope theyre watching through a properly zeroed scope.

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                  • 9 [email protected]

                    This is anti-fungibility. Your dollar is not worth the same as somebody else's dollar. P sure that's illegal.

                    O This user is from outside of this forum
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                    wrote last edited by
                    #9

                    Not when corpos do it. That's how laws work.

                    Have you been paying any attention this century?

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