dmn322

10 ms·

61.
by dmn322 3y ago
I agree but unfortunately those things are lost and such a revival is impossible. The best we can do is try to deeply understand what was lost and why they were lost and how to prevent similar loss in the future. Unfortunately we just repe
62.
by dmn322 3y ago
Saw some little youtube documentary about a group in mexico trying to resurrect the ball game. I have a feeling it would be tough to weigh where to keep things to 100% to what we know vs. filling in the blanks to make it more entertaining.
63.
by dmn322 3y ago
Bet it's related to income inequality and the reduction of wages wrt productivity. Stress is known to reduce short term memory, which affects IQ.
64.
by dmn322 4y ago
I don't think it's unreasonable to assume the vast majority of people would prefer to not have trash in the ocean, all else equal. Trump conservatives are often stronger environmentalists than NYC liberals if that's what you
65.
How to Keep Humans in the Loop(spacechimplife.com)
3 points by dmn322 4y ago|2 comments
66.
by dmn322 4y ago
I mostly agree with your point however IMO the psychopath thing is not a great example because it could be explained as the incomplete or nonexistent development of something that is complex that is beneficial. I think the error is that we
67.
by dmn322 4y ago
I dunno, what if we considered that competent jerks could be put on an improvement plan as well? Some people come off as jerks because they're unaware, not ill-intentioned. Even straight up racists etc. can mostly learn and would be
68.
by dmn322 4y ago
When the federal reserve loans money to banks, where does that money come from? When the federal government pays its debt to the federal reserve, where does that money go?
69.
by dmn322 4y ago
The 2nd paragraph of the wikipedia entry on NAIRU mentions it being set at 5-6%. This article shows graphics with similar numbers: https://www.ft.com/content/facf6989-7cd2-3724-a6d4-dfe7c7551... https://co
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by dmn322 4y ago
Right, they use their super scientific model that was definitely arrived at in a very scientific way that just so happens to keep the number hovering at 4 or 5%. There's nothing real stopping us from cruising around with unemployment
71.
by dmn322 4y ago
You can control inflation with taxes, and it's a more fiscally responsible way to do it. As for "irresponsibly low" and "(which is pernicious)"... these are your value judgements that you've arrived at based on
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by dmn322 4y ago
Seems like a convenient coincidence that all your "smart" friends agree with you lol. Actually the fed has a dual mandates: price stability and unemployment. Price stability can also be achieved by taxation. And in this case the
73.
by dmn322 4y ago
If you want to know what the powers that be want, just look at what Pelosi and McConnell agree on. If you want to see what they’ve specifically adopted as a wedge issue to divide people, look at what they disagree on. It’s not the businesse
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by dmn322 4y ago
I'm fine with that, but that rejiggering takes liquidity. Trying to rejigger without loans being available is just going to end up being de-jiggering. If we want to control inflation, that's fine, raise taxes
75.
by dmn322 4y ago
What most people don't realize about this covid-related inflation is that it was a different beast... it wasn't due to excess demand, it was due to restricted supply. The fed using interest rates to beat inflation down could make
76.
by dmn322 4y ago
The federal reserve defines the "natural rate of unemployment" as being around 5%. This is just a number they made up that happens to be high enough to continuously erode the power of labor. If unemployment starts to dip below t
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by dmn322 4y ago
“Elected by POTUS”… You mean appointed... Appointments and public opinion could affect rates in non-democratic countries as well. Anyway we’re on the same side. I just want a more directly democratic influence over the rate
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by dmn322 4y ago
Well I got the info from a talk by the head of Italy's central bank 12 or 13 years ago.
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by dmn322 4y ago
"the government seems to show less and less restraint in exchange for instant gratification and short term benefits" I'm not sure whether you're talking about raising the rates or reducing them. But the idea that reduci
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by dmn322 4y ago
I was just referencing the fact that we have no democratic say over the fed rate in the US. Not trying to say democracy is bad, just that we don't really have it with respect to interest rate policy.
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by dmn322 4y ago
"Then if you live in democracy you have say on the policy." I've got some disappointing news for you my friend.
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by dmn322 4y ago
The powers that be love them. They raise the rates whenever they think they can afford to. Money is like equity. Raising the rates is essentially a way for them to consolidate more equity. They distributed more equity than they were comf
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by dmn322 4y ago
Absolutely delusional to think the powers that be don't like the rate hikes.
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by dmn322 4y ago
Gpt’s and the various apps that apply them
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by dmn322 4y ago
The monetary system works by (a) government spending (b) lending from banks. The money from the banks pretty much just gloms onto the supply chain that grows up around the government spending… banks just lend to things that already have mon
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by dmn322 4y ago
"then there wouldn't have been the motivation for more complex forms of society" <-- not sure I agree with this one. I think the problem is less that physical survival is difficult to do leisurely and more that some peopl
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by dmn322 4y ago
“We are not trying to avoid every broken leg possible.” Spoken like someone in s country with an affordable healthcare system.
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by dmn322 4y ago
I think that’s based purely on your assumptions. Elephants chill and play and splash in the water when they reach the water on the west coast of Africa after migrating across the continent. They’re not the only animals doing this kind of t
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by dmn322 4y ago
http://spacechimplife.com/societies-use-machine-language/
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by dmn322 4y ago
An inevitable side effect of #2

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