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HiLo
searching PlanetScale…
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91.
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HiLo
11y ago
I'm not a developer in any way, but to what extent could any geographic pollution monitoring system be tied to a land-ownership registry? I would think openly publishing the names of the biggest offenders in semi-real-time could be at
92.
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HiLo
11y ago
That's not savings tho, we have defined terms we're using here.
93.
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HiLo
11y ago
Yes, but they're a slave to the Wicksellian rate, which is a slave to...
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HiLo
11y ago
You have it backwards, interest rates are a function of the amount of savings available to be pooled and invested. For a variety of reasons, there is a surplus of savings in the world, hence low interest rates. These reasons involve deficie
95.
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HiLo
11y ago
The increase in inequality was ongoing before that, so you haven't linked QE and inequality. Neither has Bernanke, who says the ties are very opaque. Furthermore, this isn't a massive asset bubble, nor does it fit the description
96.
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HiLo
11y ago
OK, so can you back this up? The economy has actually recovered. So where did they fuck up?
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HiLo
11y ago
Which ones were the bankrupt, bad banks? Did anybody actually know at the time? No, they didn't, and they still don't have a great way of knowing that. Although if you have any ideas they are all ears. On siphoning - from experien
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HiLo
11y ago
>I'd certainly consider a central bank that deliberately pumps and dumps the economy around it to be morally wrong. OK, so it sounds like this isn't really a debate anymore. This has the same coordination problem that the clima
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HiLo
11y ago
I mean I actually agree with you, that was just what the article was suggesting.
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HiLo
11y ago
OK, so, it actually says: "Basel-based BIS's Committee on Payments and Market Infrastructure (CPMI), made up of central bankers from across the world, said it could challenge banks' role - but if the technology became widespr
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HiLo
11y ago
So before too much talk about the normal blockchain hype starts going, I think this is something that would actually be a phenomenal disruptive change: https://bitcoinmagazine.com/articles/fedcoin-rising-14243124... Al
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HiLo
11y ago
Somebody's nickname ≠ accurate description of their policy prescriptions. All you've really done is recite the right-wing description of what you believe has happened to "the economy." You haven't addressed what the
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HiLo
11y ago
Can you explain why?
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HiLo
11y ago
No it's not, your argument excludes factors that are huge in reality. For example, these executives that find themselves in a position to do that usually have only found themselves in that role after an extensive amount of time (10+ ye
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HiLo
11y ago
Horrible example. Can you please rebut the extensive literature showing the Fed did the exact right thing?
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HiLo
11y ago
I feel like this is reflective of reality and also an under appreciated view. The whole job of a good analyst is to be able to see through and reverse engineer any financial engineering.
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HiLo
11y ago
Coming from the finance world here... Maybe the problem here is more how money is a societal construct, not a technological one, even though it can be represented technologically. With all due respect, people like Marc Andreessen seem to th
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HiLo
11y ago
What? So these otherwise very intelligent people, don't see the flaw with discrediting their own profession for the sake of getting respect? You think that is what's going on?
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HiLo
11y ago
Sorry, but the global shipping/maritime industry is only responsible for like 5%, maybe less, of emissions, as nasty as bunkers are, so it looks like you're the one staring at a tree. Like you mentioned, the real concern here is C
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HiLo
11y ago
They're far more worried about the differential between the Federal Funds Rate and the Natural / Wicksellian Rate, which is what they attempt to follow with the Federal Funds Rate, rather than the outright magnitude of the move.
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HiLo
11y ago
There's a big difference between Fed governor's acknowledging something, as they often do (see: biotech valuations, startup valuations), and the Fed governor saying it's something the macroeconomy needs to worry about. Can yo
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HiLo
11y ago
You're mistaking changes in growth rates with the growth rates themselves... CPI is, and has been, positive for years now. Remember, you're not a macroeconomist and probably wouldn't be able to debate that last point if I tri
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HiLo
11y ago
Except that even with commodities getting cut in half or losing up to like 3/4 of their value, we are still in a slightly inflation positive environment. What does that tell you about the state of the underlying economy? Furthermore, y
114.
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HiLo
11y ago
This isn't actually true. A new Vegas dress for a lot of my friends would cost as much as the rest of their whole trip to Vegas. Furthermore, women 18-30 have tons of weddings, bachelorette parties, work functions, holiday events, birt
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HiLo
11y ago
This seems relevant. It's just a ride. https://www.youtube.com/watch?v=KgzQuE1pR1w
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HiLo
11y ago
(There's also a lot more energy products coming out of that region now, hence more vessels.)
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HiLo
11y ago
Can you elaborate? This isn't necessarily true.
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HiLo
11y ago
How do you know options skews aren't already pricing this factor in? Usually this effect is counterbalanced by the vol smile. Edit: vol smile is how options very far away from the strike tend to be priced at a premium versus what black
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HiLo
11y ago
As an intense fan of electronic music with big, scattered collections across Spotify, soundcloud, iTunes, YouTube links, and Facebook groups.... If YouTube Music would just give me a soundcloud interface with youtubes music, I'm not su
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HiLo
11y ago
"It's a free market, let Uber compete!!!" "What do you mean prices respond to supply and demand, I thought this was UBER!!!"
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