nickles

9 ms·

31.
by nickles 4y ago
> reducing carbon emissions is something we already understand we desperately need to do The USA emits roughly the same amount of C02 as it did in the mid-1970s. On a per capita basis, the emissions are the lowest since at least the 1960
32.
by nickles 4y ago
> reducing oil consumption Without singling you out, why is the suggestion always to reduce consumption as opposed to producing energy in less hostile locales? Current geopolitical events (and associated suffering) are occurring precisel
33.
by nickles 5y ago
> Doesn't the exchange match people with another person who is buying / selling it? Every single cryptocurrency or video game exchange I have used has settled pretty much instantly. There are multiple exchanges where stocks are
34.
by nickles 5y ago
Equities settle T+2. Without a margin account, Reg T requires that cash be tied up until a trade is settled. It’s not viable to day trade like that.
35.
by nickles 5y ago
> all interest rates are endogenous: determined by fed policy or future expectations of fed policy based on macro variables The Fed frames its policy response in terms of the somewhat nebulous natural rate , which implies that there is
36.
by nickles 5y ago
> But the rate curve also influences the Fed. How much does Fed actually consider the shape of the yield curve? Powell's recent comments indicated they focus on front of curve, as opposed to something like 2s10s. Aren't central
37.
by nickles 5y ago
> 9t in assets, or equity? The Fed purchases securities like treasuries, mortgage backed securities, and (in emergencies under 13(3)) things like commercial debt. NY Fed offers a breakdown of policies taken during covid [0]. [0] https:&
38.
by nickles 5y ago
> significant net issuance of new treasuries constitutes QT The Fed doesn't make decisions about treasury issuance. Congress decides to spend money and instructs the Treasury to figure out how to finance it. That determines the net
39.
by nickles 5y ago
> The Fed has issued $2 worth of treasuries in the past The Fed doesn't issue treasuries. That's the job of the US Treasury, which is responsible for making decisions about how to issue debt. When Fed purchases treasuries, it i
40.
by nickles 5y ago
The front of the yield curve is driven much more by Fed policy than the tail end of the curve. QE was utilized to try and influence longer tenors. Ultimately the term structure is driven by supply and demand, so the composition and size of
41.
by nickles 5y ago
Thanks, the more clarification the better. There are so many moving parts, many of which aren’t understood well, that it can be very difficult to explain exactly how everything fits together. I always recommend the book Floored! by George S
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by nickles 5y ago
I apologize for my brusque response, it wasn’t constructive. > the Fed has no mechanism to enforce the rate banks offer to each other or to consumers -- as in, there's no legal enforcement anywhere The Fed can affect rates directly
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by nickles 5y ago
> they have already stopped purchasing them as of a week ago To clarify, they are still purchasing securities, but at a rate that does not increase the size of their balance sheet. As debt matures, they reinvest the principle in new secu
44.
by nickles 5y ago
> the Fed has been using a new framework called "ample reserves" since the latter part of 2020 It’s been using an ample reserve regime for much longer than that. The Fed received congressional approval to implement a floor syst
45.
by nickles 5y ago
> The Fed (not FED, BTW) doesn't "set" the rates, but has policies (including IORB, or what you call the federal reserve rate) The Fed does explicitly set certain interest rates. IORB is an interest rate that gets paid out
46.
by nickles 5y ago
> the Fed doesn't actually set interest rates It's not clear cut as to what degree interest rates are exogenous inputs that central banks respond to, but the Fed absolutely does set interest rates, allowing some variability bet
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by nickles 5y ago
Derivatives are not securities and are regulated differently. For example, futures are regulated by CFTC in the US.
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by nickles 5y ago
According to the WHO, efficacy refers to vaccine performance in controlled studies whereas effectiveness refers to performance in the broader population [0]. Data aggregated by JHU appears more or less consistent with estimates of vaccine e
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by nickles 5y ago
> Simple math: if Pfizer says their vaccine is 90% effective at preventing severe disease then 10% of people are at risk of getting severe disease. That’s not quite how vaccine efficacy works. Suppose the risk of getting sick is 0.5% per
50.
by nickles 5y ago
There was an interesting Defcon talk on potential threats from genetic engineering that touched on this exact scenario. [0] https://youtube.com/watch?v=HKQDSgBHPfY
51.
Genetic Diseases to Guide Digital Hacks of the Human Genome [video, 2017](youtube.com)
1 points by nickles 5y ago|0 comments
52.
Ghost in the Cloud (2017)(nplusonemag.com)
1 points by nickles 6y ago|0 comments
53.
by nickles 6y ago
You’re not presenting your sources accurately. The full quote from [1]: > No evidence of Neanderthal mitochondrial DNA has been found in modern humans. This suggests that successful Neanderthal admixture happened in pairings with Neander
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The Sokal Hoax(en.wikipedia.org)
2 points by nickles 6y ago|0 comments
55.
by nickles 6y ago
> IC cars are heavily taxed. A Tesla in Norway costs slightly more than in the US This is a form of subsidy (namely a tax break). Tesla also benefits from subsidies in the US. [0] https://en.wikipedia.org/wiki/Subsid
56.
by nickles 6y ago
> just exempt from taxes That's a form of subsidy. > Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent reb
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by nickles 6y ago
> When you did, like FDR did in 1933, you got a long, extended deperession. But the Great Depression began in late 1929. FDR's decision in 1933 retroactively extended the depression by 3 years?
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by nickles 6y ago
> In the era of the gold standard (before the Federal Reserve 'changed' it), there were depressions, but they were quite brief (usually a few months); there were no great depressions or great recessions You mean The Great Depr
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by nickles 6y ago
> Ok, you are not accounting that war against drugs started in 2007 specifically under Felipe Calderón so that report is outdated Alternative sources all appear to be contemporary to that report. I’m happy to consider other data, but I’m
60.
by nickles 6y ago
> Let's start by saying that marihuana is just one of the products that cartels sold and represents a miniscule part of the earnings since the 80s. As of a 2007 report, it was estimated that marijuana contributed up to 60% of cartel

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