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lottin
searching PlanetScale…
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61.
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by
lottin
2y ago
> this release has transitioned to using GTK's header bar component, typically used to combine an application's toolbar and title bar into one unit This is a step backward. Access to the window manager menu becomes difficult as
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lottin
2y ago
They can keep their citizens safe by simply not accepting migrants from these countries.
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lottin
2y ago
"The question of whether a computer can think is no more interesting than the question of whether a submarine can swim." - Edsger Dijkstra
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lottin
2y ago
How does destroying the Crimea bridge not benefit the West? They destroy our infrastructure, we destroy theirs. That's the whole idea.
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lottin
2y ago
You're not betting against the house. The house always takes opposing bets so that it's fully hedged. The players are betting against each other.
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lottin
2y ago
Look, I object to the idea that the host country is responsible for the spread of diseases that are brought by immigrants, which is what you're implying when you blame the spread of diseases on the lack of affordable healthcare. I did
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by
lottin
2y ago
You didn't pay any taxes. Paying for your visa application is not a tax. Your sense of entitlement is sickening. The US does NOT owe you anything.
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lottin
2y ago
> Are you trying to tell me that until someone becomes a citizen in the US, they pay no taxes whatsoever? No, that's not what I'm saying.
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lottin
2y ago
No immigrant who turns up at the US border has paid any taxes or contributed anything to US society. It's ridiculous to suggest otherwise. Anyway, that wasn't the point. The point is that if you enter a foreign country it'
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lottin
2y ago
The US taxpayer should not be paying for immigrants' healthcare expenses.
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lottin
2y ago
How does an asset prove itself to be a capable store of value? I say the first condition is that it must have a stable (non-speculative) demand, which bitcoin notoriously lacks, and can never have because it doesn't do anything. It d
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lottin
2y ago
> You can easily approximate the net wealth of any company owner in the EU I don't see how. Unless you're talking about a people who owns a significant percentage of a publicly-traded company, but that's most certainly no
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lottin
2y ago
I am a trained economist over a certain age. The use of the term 'inflation' as you describe is extremely uncommon among economists of any age.
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lottin
2y ago
Sources?
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lottin
2y ago
The author certainly makes this claim, but fails to provide any evidence. "It is during this period [the era between the mid-1830s and the Civil War] that the word inflation begins to emerge in the literature, not in reference to somet
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lottin
2y ago
Speculation is always based on future price expectations. Whether such expectations are justified is a matter of debate of course. Personally I don't find any of the rationales convincing, quite the opposite. But, look, we already h
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lottin
2y ago
No, it didn't.
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lottin
2y ago
You're just parroting the same thing again and again without providing any evidence. For a start, the amount of money in circulation is an unobservable quantity. It's extremely unlikely that the Romans had a word for it.
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lottin
2y ago
No, it's not an attempt to simplify. Advanced textbooks define it in the same way.
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lottin
2y ago
You're quite right that neither fiat money nor bitcoin have intrinsic value, though they both have exchange value (i.e. market value). This means there must be a demand that prevents the market value from falling to zero. In the case
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lottin
2y ago
Classical economists didn't seem to use the term 'inflation' in either sense. I can't find any evidence that 'modern economists' have corrupted the original meaning, like you imply.
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lottin
2y ago
> Inflation is increase in the cost of living. This isn't entirely accurate, either. An increase in the cost of living occurs when real wages fall (in other words, when workers paid less, in real terms (adjusted for inflation), for
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lottin
2y ago
As far as I know only economists of the Austrian school use the term 'inflation' to mean an increase in the money supply.
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lottin
2y ago
So I can use the word 'dog' to mean a cat? Nonsense. The purpose of words is to communicate meaning. Therefore we must agree on what that meaning is beforehand in order to communicate effectively.
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lottin
2y ago
Inflation is technically defined as an increase in the price level. You'll find the term defined in this way in every single economics textbook.
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lottin
2y ago
So like a house which also can function as a store of value. You're saying bitcoin is 'digital housing'?
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lottin
2y ago
I said _mathematical properties_ have no economic value.
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lottin
2y ago
'Digital gold' is a meaningless sentence. What is digital gold? How does it differ from, say, digital iron?
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lottin
2y ago
No economist said that. Deflation refers to the behaviour of the price level. As such it isn't a property that assets can have.
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lottin
2y ago
Deflation is a fall in the general price level. A fall in the price of some goods or of a particular good is not deflation.
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