OGWhales

16 ms·

181.
by OGWhales 4y ago
I believe they are talking about asset inflation as opposed to price inflation. ZIRP era and QE did lead to some substantial asset inflation but was not considered to be problematic to many at the time.
182.
by OGWhales 4y ago
Since you seem to agree with the user above, can you give any concrete examples of how the left "went off the deep end" or just explain what you take issue with the left doing? I am particularly curious about politicians and their
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by OGWhales 4y ago
I used to think the same thing when it came to the obesity problem here in the US, but someone said something to me that made me rethink my position. They said: if you have a few people that are obese, that’s an issue with them. If nearly h
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by OGWhales 4y ago
This is something I’ve thought about and while I agree that a deflationary currency would be detrimental to our constant economic growth, I wonder if that’s actually a bad thing. Do we really want constant growth and pointless consumerism
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by OGWhales 4y ago
> Yes, the average Russian citizen is excluded from the rest of the world, and will bear the brunt of the impact. As they should, because they're the ones who mostly sat idly and allowed all of this to happen. I have zero sympathy f
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by OGWhales 4y ago
You should elaborate after making such a claim, otherwise your comment will be dismissed as meaningless.
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by OGWhales 4y ago
> Blogging on Twitter is preferable to "not blogging at all" and "blogging on an obscure domain that almost nobody ever discovers". There is a third option, linking to the blog from twitter. I'm surprised so many
188.
by OGWhales 4y ago
> There are a lot of people that think we can print spend endless amounts of money without consequences. I’ve seen this said more than I’ve seen people who actually think that. Most people have heard horror stories of hyperinflation and,
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by OGWhales 5y ago
I think nitter does a better job: https://nitter.net/MistressSnowPhD/status/151105231271802880...
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by OGWhales 5y ago
My point is that taxes are a key factor in creating demand for dollars. > the government would still need to exchange those bitcoins for dollars in order to pay its debts That is not true. The government does not collect taxes to pay its
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by OGWhales 5y ago
> there will be some demand from the government for dollars I think an important cause of demand you're missing is that people still need to pay taxes in dollars.
192.
by OGWhales 5y ago
Oh wait, I made a mistake. I don't see it either.
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by OGWhales 5y ago
Their comment is "dead" but you can make it visible by enabling "showdead" under your account settings.
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by OGWhales 5y ago
> everyone is working with wildly different and often contradictory definitions I’ve found the main MMTers to be mostly consistent amongst themselves in their theories. Now, I think some ideas are wrong, but they do seem mostly on the sa
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by OGWhales 5y ago
Absolutely, I think MMT in particular is prone to doing this and it’s one of my bigger gripes with it.
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by OGWhales 5y ago
MMTers argue that government spending at full employment will cause inflation, not that there must be full employment for there to be inflation.
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by OGWhales 5y ago
> I never quite understood how this theory would work while avoiding inflation I see this sentiment any time MMT is brought up. I think it shows a misunderstanding of what MMT is saying. While I’ve got my own issues with MMT, it’s always
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by OGWhales 5y ago
I think this method talked about by another commenter here achieves a similar goal, but is more reasonable than chaos: https://news.ycombinator.com/item?id=30697309
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by OGWhales 5y ago
> Friday’s is more challenging Gave that one a go, here is the percentage & direction for my guesses: https://i.imgur.com/hGyNemi.png
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by OGWhales 5y ago
> With NFTs they can get a cut of every transfer indefinitely How does that work? Also, what is to stop people copying it anyway and what is to stop artist from getting underpaid? All serious questions that I'd like to see answers t
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by OGWhales 5y ago
> C'mon. From your link: "The images were shot using Apple's ProRAW format and then edited using the mobile version of Lightroom on the iPhone itself" Uh, yeah, that’s standard process for astrophotography. Not at all
202.
by OGWhales 5y ago
> Maybe the fact that there are many artificial stars in that photo due to software adding new light sources which didn't really exist Huh?? How exactly did you come to the conclusion they just added a bunch of fake stars? Am I miss
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by OGWhales 5y ago
> I think the best way to handle these is to take down their names & social security numbers & photos. And save that information in a book. > Once it is realized to be a crime, round these guys up, put them in jail for lifelon
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by OGWhales 5y ago
I use that too, great for blocking pinterest from flooding all of your google image search results.
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by OGWhales 5y ago
For old game consoles, CRTs can actually look better than a modern day LCD. Edit: https://imgur.com/a/JGr57WE
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by OGWhales 5y ago
> Fourthly, pros in a field generally don't give out the crap advice you're giving out (I have an impressive list of hobbies, which put me in contact at various times with pros from different fields). The only time I've se
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by OGWhales 5y ago
> Can you show me an example of technical terrain where this line would be drawn? I'm not sure where the line is, but here is a video of a local mtb park I used to ride a lot and it might give you a good idea: https://www
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by OGWhales 5y ago
This sub reddit has a lot of examples of people trying to recreate what they saw while tripping. There are some pretty good examples: https://www.reddit.com/r/replications Also, I don’t know how true this is, but I’ve
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by OGWhales 5y ago
On my Spotify app on iOS I can go to settings and then car and turn it off.
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by OGWhales 5y ago
Conservatives have an extremely powerful media machine too. Some of the most viewed personas on TV and online are conservatives, with the same being true for radio.

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