ragnot

8 ms·

61.
by ragnot 4y ago
As the saying goes: "A grand jury would indict a ham sandwich". Still big news...I'll just wait and see if the charges stick.
62.
by ragnot 4y ago
I want to say 1) I (admittedly) look at the world through a paranoid lens, 2) could be completely wrong. This is just my opinion. That being said, I think you are referring to FTX right? It is the natural way to look at it. You see FTX a
63.
by ragnot 4y ago
TikTok is a more conventional ban on a foreign security apparatus, it really has nothing to do with dollar hegemony. Attacks on crypto institutions is the US Govt defending dollar hegemony. I have no proof (obviously), but if you just loo
64.
by ragnot 4y ago
I guess the art of geo-politics is achieving an agenda with plausible deniability. It's not a crackpot theory to suggest that the US Govt is enacting a policy change due to changing politics with China. Additionally, the US Govt has
65.
by ragnot 4y ago
It's hard not to see patterns emerging honestly. TikTok ban, Coinbase and now this. Seems like the US Gov is ramping up not only attacks on Chinese proxies but anything that might threaten US dollar reserve status. Should be interest
66.
by ragnot 4y ago
My personal theory: if people even had the remotest inkling that the insurance would fail, then it is next to useless. The point of it is to prevent the majority of people from inciting a bank run since they know for sure that their money
67.
by ragnot 4y ago
So expect massive inflation in the future?
68.
by ragnot 4y ago
This is an insight I'm going to remember for a while.
69.
by ragnot 4y ago
You gotta give credit to the Americans, they know how to twist an arm.
70.
by ragnot 4y ago
The answer to the inflation question traditionally has been to short the US dollar via investing in real estate with loans.
71.
by ragnot 4y ago
I think you are giving more credit to corporations than you think. The exceptions are for top brass, not top ICs.
72.
by ragnot 4y ago
Bingo.
73.
by ragnot 4y ago
It's pretty much a layoff in disguise at this point.
74.
by ragnot 4y ago
It is the root cause. I think people just don't want to admit that the Fed has more control over our economy than they thought.
75.
by ragnot 4y ago
I think this is really the answer. We've entered into a scary scenario for the US economy: it lives and dies on cheap credit supplied by the Fed. When the Fed drops rates, people chase yield and you get stuff like NFTs and valuations
76.
by ragnot 4y ago
I've heard that this is actually a buyer liquidity problem and not a general liquidity problem...i.e. too many sellers and not enough buyers. Makes since the world is trying to offload their foreign reserves to combat the surging doll
77.
by ragnot 4y ago
I mean I get it. On the other hand you really should know the constructs you are using. std::string_view is essentially a reference to a char array and you are assigning a temporary object (r-value) to it. Standard C++ rules say that you
78.
by ragnot 4y ago
I've never heard of this. Was this just a quirk of the LGP-30?
79.
by ragnot 4y ago
It's a hedge. Like anything other hedge it's not bulletproof. I'm blessed to live in a country that has sound monetary policy (you do too probably). But there are millions (if not billions) of people who don't. Crypt
80.
by ragnot 4y ago
Funny how retirement and dismissal from work are so similar.
81.
by ragnot 4y ago
I think the idea would be that in a scenario where crypto becomes a currency, there wouldn't need to be an off-ramp (at least immediately, think war/revolution). You would trade the crypto like "real" money.
82.
by ragnot 4y ago
Cynical take: jobs program for the senators district. Non-cynical take: Most modern aircraft are equipped with networking/avionics that allow information to be shared across multiple battle domains (army on land, air force, maybe space
83.
by ragnot 4y ago
I know this is going to initially bother a lot of software engineers the wrong way but here me out: make a gantt chart and assign resources to each of the tasks. You can add "future hires" to see how much of a work load reducti
84.
by ragnot 4y ago
"10x learning opportunity with only 50% reduction in salary" I already may be too cynical for this author but unless this new opportunity gives me a substantial equity stake I'm going for the money 100% of the time. Learning
85.
by ragnot 4y ago
We are still full remote and I don't think anyone has any intention to go back to "in-person" honestly. As a side note: I think the reason you are going to find so much friction with this is for the first time in recent histo
86.
by ragnot 4y ago
Which ones? Personally curious.
87.
by ragnot 4y ago
I at least respect that you are being upfront about it. I do think that you'll have a hard time sourcing the high-caliber software engineer you might want to get though. Sure you'll get junior/mid-grade ones (which honestly
88.
by ragnot 4y ago
Pros of working from home: - My own bathroom - My own kitchen - No commute - Incredible flexibility Pros from working at an office: - Someone can print a meme and post it in the bathroom for me to look at
89.
by ragnot 4y ago
> China held US treasuries as means of manipulating its currency down in order to maintain a positive trade balance so it could engage in export oriented industrialization. You just proved my point. An export oriented economy ne
90.
by ragnot 4y ago
For magic obviously. USD isn't going anywhere anytime soon. You think China holds $1 trillion worth of treasuries because they love propping up the US? Nope. They have no choice...no other country has markets as deep and liquid as

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