mono442

5 ms·

31.
by mono442 2mo ago
The problem with public debt is vastly overestimated. It mostly doesn't matter at all. It can be just rolled over forever like it always was. It's the private debt which is the problem since individuals and enterprises don't
32.
by mono442 2mo ago
Electricity is expensive in the EU because of the EU ETS.
33.
by mono442 2mo ago
I guess what they did works but it makes some of valid ip addresses unavailable.
34.
by mono442 2mo ago
I'm not sure. Probably because they want to maintain the appearance of central bank independence. The yields aren't even that high. They were much higher in the past.
35.
by mono442 2mo ago
It doesn't change the M1 which is relevant for inflation.
36.
by mono442 2mo ago
They are trying to fix the problems that they have created themselves. Electricity is expensive in the EU because of the ETS but the bureaucrats in Brussels are completely out of touch with reality and won't address the elephant in the
37.
by mono442 2mo ago
The svb collapsed because they bought a lot of long term bonds during zero interest rate policy. It was inevitable.
38.
by mono442 2mo ago
Qe, yield curve control or possibly other market operations. There won't be any real consequences, it's just an asset swap. They buy bonds and in turn create new interbank reserves.
39.
by mono442 2mo ago
the fed can bring the bond yields down, it's not really a problem
40.
by mono442 2mo ago
> State of play: The market reaction was swift and clear. Traders cut back on their bets that a rate hike is on the way in September, now seeing it as a coin flip. > Longer-term bond yields soared, with 30-year Treasuries reaching 5.2
41.
by mono442 2mo ago
This is business as usual. It's just now they are shilling different political parties than before.
42.
by mono442 2mo ago
It's not even that bad in the US. Houses are still more affordable than in Europe or Canada.
43.
by mono442 2mo ago
Money is debt. It can't be ever paid off, it has to constantly increase. Just look at the us public and private debt. It almost always only increases.
44.
by mono442 2mo ago
There's no natural law saying that budgets have to be balanced. Most countries run constant deficits.
45.
by mono442 2mo ago
The crisis was largely artificially engineered because Germans believed that Southern Europeans were "lazy" and needed to be made an example of. The ECB could have brought government bond yields down from the beginning and most of
46.
by mono442 2mo ago
The point is that you don't have a separate password just for the disk encryption. It all works transparently.
47.
by mono442 2mo ago
shouldn't it be 5k per month?
48.
by mono442 2mo ago
the budget doesn't have to be balanced, they can fund it with deficit
49.
by mono442 3mo ago
It still doesn't seem to work all that well for tasks which don't have a short feedback loop.
50.
by mono442 3mo ago
how does this compare to k3s and microk8s?
51.
by mono442 3mo ago
Don't they have more important issues to tackle?
52.
by mono442 3mo ago
How is that different from forcing dei before? To me, it seems that the Trump administration is doing the same thing as previous administrations, just more openly.
53.
by mono442 3mo ago
PHP is a proof that you don't need elegant or good technical solutions to be successful. You can literally pile up slop together and still be successful.
54.
by mono442 3mo ago
If the salaries fall then there would be no highly motivated juniors.
55.
by mono442 3mo ago
I don't understand why SQLite has become popular for stuff like a website where it is not really a good fit due to concurrency. If HA, replication, etc isn't needed, installing and running PostgreSQL or MySQL isn't much more
56.
by mono442 3mo ago
It's possible if the central bank steps in, especially if the current administration pushes it to help fund the AI.
57.
by mono442 3mo ago
The website of the Gleam programming language seems very political. I don't think I want anything to do with it. It's probably run by insane people.
58.
by mono442 3mo ago
A bit surprised they have decided to move to python. In my experience LLMs don't work well with dynamically typed languages.
59.
by mono442 3mo ago
Isn't much of the science work just taking money for doing basically nothing? I don't think that is a loss for the us.
60.
by mono442 3mo ago
I don't think java itself is the problem, the real problem is the overengineered, hard to debug libraries like spring.

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