While I was asleep, apparently the site was hacked. Luckily, (big) part of the lemmy.world team is in US, and some early birds in EU also helped mitigate this.
As I am told, this was the issue:
- There is an vulnerability which was exploited
- Several people had their JWT cookies leaked, including at least one admin
- Attackers started changing site settings and posting fake announcements etc
Our mitigations:
- We removed the vulnerability
- Deleted all comments and private messages that contained the exploit
- Rotated JWT secret which invalidated all existing cookies
The vulnerability will be fixed by the Lemmy devs.
Details of the vulnerability are here
Many thanks for all that helped, and sorry for any inconvenience caused!
Update While we believe the admins accounts were what they were after, it could be that other users accounts were compromised. Your cookie could have been ‘stolen’ and the hacker could have had access to your account, creating posts and comments under your name, and accessing/changing your settings (which shows your e-mail).
For this, you would have had to be using lemmy.world at that time, and load a page that had the vulnerability in it.
I already know I’m gonna be downvoted for this, but the top 1%/0.1% spending isn’t gonna change, whereas the bottom 10% will cause inflation… That’s why there’s no magic bullet.
The bottom 10% don’t have enough money to “cause” inflation, not even the bottom 90% have that much money. Inflation is driven by the top 5-10%, representing 70% of the wealth; the rest just get taken for the ride.
You’re right the top 1%'s spending won’t change, it’s already 1000x above a person’s basic needs, so what’s the difference between 1000x and 900x (10% inflation).
Exactly, the bottom 10% don’t have enough money, meaning that any money you give them will go towards consumption. The top bracket’s spending as % of income or wealth is tiny and is mostly independent of their income. Their money is spent on investments, not basic goods and services. They practically don’t affect inflation.
I think money should be printed during periods of low inflation. E.g. Japan could have benefited from that. After this bout is over, governments can return to printing, carefully.