dools

33 ms·

541.
by dools 3y ago
The lowest recorded interbank lending rate in Australia was 0.03% https://tradingeconomics.com/australia/interbank-rate If you're lending someone a billion dollars, and your labour cost for doing the lending is in
542.
by dools 3y ago
The overnight cash rate is the interest rate I'm referring to. That's the interest rate central banks use monetary policy to set and defend.
543.
by dools 3y ago
The interest rate I'm referring to is the cash rate, ie. the rate at which banks lend to each other. That's the interest rate central banks set and defend using the sale and purchase of bonds on the secondary market. If they didn&
544.
by dools 3y ago
My policy proposal for reducing concentration of power is: 1) maximum revenue per employee at privately held companies, eg. $1m 2) maximum ownership of a company by a single person or entity of, say, 5% What this means is that when you hit
545.
by dools 3y ago
The best interest rate policy is zero, which is the natural rate of interested in a floating exchange rate economy. Fiscal policy is the only tool through which equity can be managed. Monetary policy is pointless.
546.
Mark Zuckerberg stood in Congress and apologized to families of victimized teens(fortune.com)
2 points by dools 3y ago|0 comments
547.
by dools 3y ago
The Epoch Clock
548.
by dools 3y ago
Yeah cos young people in Western Democracies are totally not dissatisfied :\
549.
by dools 3y ago
I used mini vmac a couple of years back to play prince of persia, dark castle and fools errand on my ipad, it was amazing how it transported me back to another time.
550.
by dools 3y ago
Do you know of any entity other than the Norwegian government who issues NKR?
551.
by dools 3y ago
All spending creates new money and all taxation destroys it (at the federal level). Where else does money come from if not the government?
552.
by dools 3y ago
I compost all of my sensitive information that arrives by mail. And whenever I need to dispose of something I can’t compost, like an old drivers license, I cut it into pieces and drip feed the pieces into the garbage over the course of a fe
553.
by dools 3y ago
Norway issue their own currency, so 100% of their budget comes from money they spend into existence. Oil has an impact on their ability to import, and on their ability to meet their own energy requirements.
554.
by dools 3y ago
Did you notice in the comments that someone found the newspaper from the background? https://i.imgur.com/gAHYUW7.jpg
555.
by dools 3y ago
Pockets are for the help, this is a nice dress so a secret pocket is probably the only type of pocket they'd want.
556.
by dools 3y ago
Right so maybe just have more trains and less road traffic generally
557.
by dools 3y ago
QE simply swaps one form of government liability (treasuries) for another (reserves). They pay less interest on reserves. The effect on the economy of banks holding reserves rather than securities is otherwise negligible because both securi
558.
by dools 3y ago
Even more amusing is that I’m right!
559.
by dools 3y ago
No I don’t, there was potentially some inflation due to fiscal stimulus but mostly due to supply chain issues. The continuing inflation is caused by interest rate increases, ie. the interest rate sets the inflation rate.
560.
by dools 3y ago
Doesn’t that just mean that more translation work can get done because all she has to do is review it instead of do it from scratch?
561.
by dools 3y ago
QE and ZIRP are deflationary policies because they reduce the amount of interest payments (which are no different from any other transfer payment) paid by the government.
562.
by dools 3y ago
No
563.
by dools 3y ago
Public goods should be provided by the public sector.
564.
by dools 3y ago
No, there should be a job guarantee for anyone unable to find work in the private sector. Asking for profit companies to ensure full employment is a dumb idea. Asking for profit companies to keep people on for any other reason than profitab
565.
by dools 3y ago
My brother has gone ballistic on Microsoft Flight Simulator with VR over the past year, he does streams to YouTube: https://youtube.com/@eggsdooley?si=35FIH-C5eNPuMITR
566.
by dools 3y ago
The solution to bad government is better government not less government
567.
by dools 3y ago
Yeah no shit! EDIT: in Australia you can still buy pseudo you just have to show ID. Everyone knows PE doesn’t work.
568.
by dools 3y ago
I think it makes no sense that one would need to time protein intake. After all the way muscle grows is in response to damage after use. We don’t worry about a “calcium window” when we break a bone.
569.
Ask HN: Anyone else having "connection reset by peer" issues with pip?
1 points by dools 3y ago|0 comments
570.
by dools 3y ago
A regulated drug market such as cigarettes can do more to reduce harmful consumption than an unregulated drug market. It also eliminates criminalisation for what is essentially a health issue.

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