makomk

17 ms·

151.
by makomk 4y ago
Hmmm. I can easily see Prusa accidentally bidding against their own sourcing and driving up prices like that, but mostly because some of their component choices were unusual compared to the rest of the market. For example, pretty much all o
152.
by makomk 4y ago
Germany was at the forefront of the European push for renewables, though. Sure, they never produced as much electricity from renewable sources as countries with really great hydroelectric resources, but those countries' experience isn&
153.
by makomk 4y ago
The original C/POSIX API this is based on is non-orthogonal because the combinations it doesn't support generally don't make sense. There's usually no point opening files for reading or in append mode if you're trun
154.
by makomk 4y ago
I'm pretty sure there is no cap on how much Trump was allowed to spend on his own campaign; that's why US politics is filled with so many rich people spending so much on their campaigns for office (sometimes for very little effect
155.
by makomk 4y ago
That's not really true in this case, though. The European Commission is the only institution with the power to propose new EU laws, including repeals or modifications of existing ones. They don't need to be watching their back and
156.
by makomk 4y ago
Robert Reich and Elizabeth Warren have massive partisan and ideological axes to grind, and their careers basically rely on convincing people that it's all the fault of big businesses convincing the government to lift regulations and th
157.
by makomk 4y ago
It doesn't have to be groceries that they're buying. Factories in China producing non-essential consumer goods run off the same natural gas supplies that could otherwise be used to make fertiliser. Jets taking tourists on vacation
158.
by makomk 4y ago
Because the British media feeds this narrative by making it look like the rich always win. The only changes in their wealth that the media draws attention to are increases, and if there's a drop that just gives a new baseline for the n
159.
by makomk 4y ago
On the other hand, according to certain parts of the UK press those riots in France are a sign that their politics is far healthier than the awful state of politics here (looking at you, Guardian)...
160.
by makomk 4y ago
Yeah, in the US fixed rate mortgages are handed off to the government who guarantees them and bundles them up into securities... that SVB then ended up buying a bunch of because it's not like there was exactly a wide variety of investm
161.
by makomk 4y ago
The trouble is that other US government interventions also eliminated a big chunk of the "anything else to do with it". In particular, most mortgages in the US are fixed rate for the entire duration of their term through governmen
162.
by makomk 4y ago
It's impossible to be 100% certain, but there's no animal reservoirs for polio that have ever been known to exist and it hasn't been seen in humans for a couple of decades now - if it was still in existence we'd probably
163.
by makomk 4y ago
The trouble is that a large chunk of the media has basically lied about this and told people that no, they'd be able to consume just as much as before if it wasn't for the evil profiteering corporations and the mega-rich stealing
164.
by makomk 4y ago
Eh, the oral polio vaccine is old, cheap, and kind of predates the rise of modern big pharma. Disease eradication is just a hard problem in general. The only human infectious disease that's been eradicated - smallpox - was a particular
165.
by makomk 4y ago
"A problem" is a bit of an understatement... at this point it's basically caused the global polio eradication effort to fail. Wild type 2 poliovirus no longer exists anywhere in the world, and all infections with it over the
166.
by makomk 4y ago
It's not ridculous at all, it's the actual tradeoff that has to happen in order for prices not to go up. For example, someone elsewhere in the discussion was complaining about US egg prices - supermarkets here in the UK are extrem
167.
by makomk 4y ago
Not really. The problem there is more sector-wide capacity, not competition - companies have no incentive to drop prices in order to get more business because they're already selling as much as they can produce even at inflated prices
168.
by makomk 4y ago
Creating loans and the money associated with them out of thin air doesn't cause the bank's liabilities to exceeed its assets though: they're simultaneously creating an asset (the loan) and a liability (the money deposited fro
169.
by makomk 4y ago
Presumably you didn't just keep that money sitting in your own bank account though - you used it to buy something or pay someone, and their account was often at another bank. If a bank issues too many loans where the money ends up at o
170.
by makomk 4y ago
Ten years ago is actually pretty much spot on for the time period I'm talking about - this was after the point at which trans people were just outright not welcome full stop (which is still surprisingly recent) and in fact one of the b
171.
by makomk 4y ago
> What was progressive yesterday becomes conservative today - think of women's rights, interracial marriage, etc. The same goes for 'who' was progressive. That's really not what's been happening here, though, an
172.
by makomk 4y ago
Hang on, does that imply the other person had got into Randev's Tesla somehow? Because it seems like the obvious explanation is that they both unlocked their own Teslas at around the same time, but one of them thought the other person&
173.
by makomk 4y ago
Banks do create money out of thin air, but depositors fleeing does in fact limit their ability to loan money. Here's how that works: every time a bank loans money, they create an asset (the repayment they're owed) and a matching l
174.
by makomk 4y ago
It's not discussed here, but banks probably couldn't increase their interest rates to be competitive with money market accounts etc because the whole root cause of the problem is that their deposits were backed up with long-term f
175.
by makomk 4y ago
I'm pretty sure most of the credible, non-fringe discussion of this was on paywalled financial news websites unfortunately.
176.
by makomk 4y ago
Yes, and government banking regulations seem to have been almost entirely focused on credit risk rather than duration risk because they were focused on the last crisis - banks were effectively actively penalised for keeping their money in h
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by makomk 4y ago
This idea is fairly popular with libertarians and people have tried to set up so-called narrow banks that do this, but the Fed blocked them from doing so because they consider it to be too important that banks invest their deposits and make
178.
by makomk 4y ago
If the dating estimates in the article are right, I think this might even have been caused by the prior Preclassic Collapse a few centuries before that. Remember, the dates given are a full two millenia before colonialism and a lot can happ
179.
by makomk 4y ago
Huh? It says right there on the page you linked: "A startup money market account with a competitive APY of 4.50%". Yes, that is on the marketing page for their business checking account, but it's not the checking account that
180.
by makomk 4y ago
The account I've seen people pointing to that paid that was definitely a money market account. Also, there's an interesting chart doing the rounds on Twitter showing that during the time period they dug themselves into this mess m

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