neffy

14 ms·

121.
by neffy 4y ago
Actually not true. A lot of the 19th century recessions were "global" in that there was contagion across the Atlantic to Europe (or vice versa). Asia didn't get linked into the network until the end of the 19th century. And t
122.
by neffy 4y ago
It is a function of the total quantity of the currency at any given time, that currencies distribution across the economy, and the supply of the products/services it is being used for trade. Then the banking system gets involved and it
123.
by neffy 4y ago
It's generations and generations of hierarchical control, and nothing else. Men who did anything other than advance towards the enemy as ordered were shot, in WW1, in WW2, even again today. That scene in Stalingrad with the NKVD, compl
124.
by neffy 4y ago
Not usually in the bank's case - we have to hope - and if they are hopefully the various buffers against duration mismatches are sufficient - but then again this was the reason why Northern Rock and a bunch of other lenders went under
125.
by neffy 4y ago
Yes it's the perfect storm for economic theories... increases in the money supply and actual product shortages both causing inflation at the same time. Meanwhile increasing interest rates are in a nasty intersection with banks and othe
126.
by neffy 5y ago
I wouldn't go with "centuries" of banking on that one. Truth to tell the early days of banking, which is most of the 19th century for the US, were replete with exactly the kinds of frauds and cons that crypto is now replete w
127.
by neffy 5y ago
Not really. It has three different causes: 1) Excessive lending and consequent increases in the money supply by commercial banks. 2) Governments printing money without any regulatory compensation to prevent 1 3) Shortages in goods and suppl
128.
by neffy 5y ago
But Slartibartfast designed every single one of those Glacial Fjords personally!
129.
by neffy 5y ago
It's not a bad idea per se, but no. The actual issue is too much debt, alongside too concentrated money. The issue at some level is some buffers are far too big, and 70% of the US population doesn't have any buffers at all.
130.
by neffy 5y ago
This is probably true in the states where it is insanely cheap to rent cars, but not necessarily everywhere. And even there... ... I run a junker. That is to say a car that will go the dump as soon as it requires any significant expenditure
131.
by neffy 5y ago
Different type of printing. The intervention in 2008, printed asset money (not bank liability deposits as were given out recently), and crucially used it to buy a 4 trillion of bad loans from the Banking System, which were then placed in ru
132.
by neffy 5y ago
No, inflation is spiking because the Government expanded the money supply by about 25%. https://fred.stlouisfed.org/series/M2SL Now sit back, and watch every economist who doesn't pay attention to the money supply
133.
by neffy 5y ago
A journey of a thousand parsecs, begins with one launch.
134.
by neffy 5y ago
Well... tis true that there is a mine clearing group to deal with the occasional mine that drifts in from the old WW2 mine fields in the North Atlantic. And they did send one of them over to participate in the Gulf War... https:/&#x2F
135.
by neffy 5y ago
You might want to look at interest rates during that period... especially after 1973.
136.
by neffy 5y ago
Japan is one of the older civilisations with a recorded history, but "thousands of years old" businesses is stretching it more than a little. Japan (population 125 million) is third in the world in GDP, with China (population over
137.
by neffy 5y ago
Nope... no battalions in Iceland.
138.
by neffy 5y ago
Well above. Witness the rising sea levels caused by the glaciers melting.
139.
by neffy 5y ago
And here's number four: http://ocean.dmi.dk/arctic/meant80n.uk.php Comparison of the longterm mean temperature in the artic with each year going back to 1958.
140.
by neffy 5y ago
Perhaps have a look at recent US money supply behaviour before you get too confident on that one. The EU´s is not much better. https://fred.stlouisfed.org/series/M2SL
141.
by neffy 5y ago
It won't stop the inflation. When inflation is due to printing money, the only thing that can be done is to sit back and wait for it to work it's way through the system. All raising interest rates would do is trigger a rerun of th
142.
by neffy 5y ago
The resulting inflation would also have been somewhat epic.
143.
by neffy 5y ago
It was true. The banking system can absorb in a best case losses on its outstanding loans of about 0.75% - that is 0.75% of the total amount of loans. Absent intervention, the consequences of 2008 would have been Great Depression 2. With in
144.
by neffy 5y ago
This all started back in the 90´s with companies like Microsoft, but at that time the questions were somewhat reasonable, and just reading something like Programming Pearls was most of what you needed to know. But I suspect what has happene
145.
by neffy 5y ago
https://www.cnbc.com/2021/10/27/stock-buybacks-surge-to-like... Stock Buybacks (i.e. from corporate "investment") amongst other things.
146.
by neffy 5y ago
I'm fine with people posting random studies that I can read and form my own opinion on. This isn't ridiculous. This is the process of science.
147.
by neffy 5y ago
The trouble with that piece, is that it is contradicted by this: https://www.reddit.com/r/China_Flu/comments/es21aq/wuhan_pne... (Chinese original has been deleted, but I remember seeing it at the time a
148.
by neffy 5y ago
Here is one (artic temperatures): http://ocean.dmi.dk/arctic/meant80n.uk.php It's also quite useful in terms of seeing one aspect of the anomaly, in terms of temperature shift (compare 1958 with anything in the la
149.
by neffy 5y ago
The government always plays catchup on these things, and now is a less than pristine time for financial supervision. This seems to be the way this has always operated right the way back to Bitcoin - distribute tokens, and fund a market to p
150.
by neffy 5y ago
Exactly - hearing is much more complicated than just noise sensitivity. For example, a somewhat underdiagnosed problems is issue with the frequency bins that the brain segments sound into for recognition deteriorating. Symptoms are - can he

More ›