I have been watching this show for about 10 years now. For the past two or three years, the discourse of the show has gradually changed, and I get why. But in 2021 so far, Maher seems to have been moving to the right wing media in a dramatic way.
In this episode, Maher proves himself a fine right wing pundit. When Thomas Frank explains how democratic party shifted to the right with Bill Clinton, stating the reduction of welfare programs to the one-tenth than before, Maher's rebuttal is "he moved right to the center". Literally, OMG WTF!!!
In the new rules segment, he talks about bitcoin and crypto-currencies and how they are not real, comparing them to stock market, which he claims is real! Even though in a few minutes he criticizes the 2008 recession and how it happened because of un-real exchange of shorts! In the stock market! Which he does not mention!!!!
He always says he majored in history, though he thinks Spanish flu broke out in Spain, which proves he is ignorant about the basic principles of academic research. However, he talks about crypto-currencies and how they are not real while saying money today is real, with a straight face. There is a reason why the inflation does not go up in the U. S. even though they spend trillions of dollars; because the U. S. does not have to print physical money any more, they just create money - out of thin air - digitally.
This, by the way, is another point he criticises crypto-currencies for: that "they are not real and created out of thin air", what he cannot comprehend, though, is how actual dollars are created today. Please, watch Zeitgeist.
By the way, I am not into crypto-currencies myself for the same reason I am not into stock market: it is just another way of gambling. The biggest difference is, though, crypto-currencies cannot (so far) be manipulated by individuals or companies very much, unlike stock markets and exchange rates. Therefore, crypto-currencies prevent the big boys from getting all the money.
Another thing he criticizes about the crypto-currencies is that they waste too much energy, and he gives the example of the transaction of one bitcoin is equal to the transaction of a million units of normal currencies. He does not mention how wasteful the preservation of electronic money is. All banks have to run servers to keep track of digital money - not crypto-currencies. They do that to manipulate financial digital assets to their own convenience, which led to the crisis in 2008! However, this is not possible for crypto-currencies (yet).
And, of course, he ends the episode thanking Jesus because he is an atheist.
In this episode, Maher proves himself a fine right wing pundit. When Thomas Frank explains how democratic party shifted to the right with Bill Clinton, stating the reduction of welfare programs to the one-tenth than before, Maher's rebuttal is "he moved right to the center". Literally, OMG WTF!!!
In the new rules segment, he talks about bitcoin and crypto-currencies and how they are not real, comparing them to stock market, which he claims is real! Even though in a few minutes he criticizes the 2008 recession and how it happened because of un-real exchange of shorts! In the stock market! Which he does not mention!!!!
He always says he majored in history, though he thinks Spanish flu broke out in Spain, which proves he is ignorant about the basic principles of academic research. However, he talks about crypto-currencies and how they are not real while saying money today is real, with a straight face. There is a reason why the inflation does not go up in the U. S. even though they spend trillions of dollars; because the U. S. does not have to print physical money any more, they just create money - out of thin air - digitally.
This, by the way, is another point he criticises crypto-currencies for: that "they are not real and created out of thin air", what he cannot comprehend, though, is how actual dollars are created today. Please, watch Zeitgeist.
By the way, I am not into crypto-currencies myself for the same reason I am not into stock market: it is just another way of gambling. The biggest difference is, though, crypto-currencies cannot (so far) be manipulated by individuals or companies very much, unlike stock markets and exchange rates. Therefore, crypto-currencies prevent the big boys from getting all the money.
Another thing he criticizes about the crypto-currencies is that they waste too much energy, and he gives the example of the transaction of one bitcoin is equal to the transaction of a million units of normal currencies. He does not mention how wasteful the preservation of electronic money is. All banks have to run servers to keep track of digital money - not crypto-currencies. They do that to manipulate financial digital assets to their own convenience, which led to the crisis in 2008! However, this is not possible for crypto-currencies (yet).
And, of course, he ends the episode thanking Jesus because he is an atheist.