3,243 karma · joined May 23, 2010
Similarly, when Julius Caesar turned the republic into an empire, and was subsequently assassinated: it did not mean the empire reverted back to being a republic - rather that centuries of increasingly despotic emperors lay ahead.
This bit I see differently, though only with ~ 30% confidence.
> vast majority of the companies in the S&P 500 have nothing to do with defense, shipping or natural resources.
If you were evaluating the impact that a road has, and you looked at all the vehicles that passed over it every day, most of the vehicles you see would be in other industries — retail, industrial, commercial, domestic — very few of them are professional bitumen pourers who make roads. So clearly bitumen pouring only affects a low percentage of the city.
For that to be true, rent-seeking would have to literally capture all surplus. In which case UBI wouldn’t be an option in the first place.
The marginal increase in the purchasing power of someone who went from having $0 to $n would always be greater than the increase in purchasing power for someone who went from $1 billion to $1 billion + n - even with inflation.
Only thing is, how do I know for sure that I’m not the imaginary one?
Snout were v good.
Living in the latter scenario is a far better place, and nothing like, the former scenario.
(Carole King that is)
We’ve known Paul and David from custard for a long time now. Only time we ever talked about that was waaaaay back, around 1996 when we interviewed David for Semper, the UQ newspaper.
(“We” is my wife and I… girlfriend back then)
Love Custard with my heart and soul. Thanks for bringing them up Tom Howard!
So explaining M2 in terms of M1 only works if you include those definition in the equation. Otherwise it will falsely look like M2 fell by the amount that M1 rose.
I think you should back up your claim with a reliable source.
> First Monthly H.6 Statistical Release As announced on December 17, 2020, the Board's Statistical Release H.6, "Money Stock Measures," will recognize savings deposits as a type of transaction account, starting with the publication today. This recognition reflects the Board's action on April 24, 2020, to remove the regulatory distinction between transaction accounts and savings deposits by deleting the six-per-month transfer limit on savings deposits in Regulation D. This change means that savings deposits have had a similar regulatory definition and the same liquidity characteristics as the transaction accounts reported as "Other checkable deposits" on the H.6 statistical release since the change to Regulation D. Consequently, today's H.6 statistical release combines release items "Savings deposits" and "Other checkable deposits" retroactively back to May 2020 and includes the resulting sum, reported as "Other liquid deposits," in the M1 monetary aggregate. This action increases the M1 monetary aggregate significantly while leaving the M2 monetary aggregate unchanged
Stack Overflow helped it to scale really well, too. You could answer a question, just once, and over time it could help dozens then hundreds then thousands of people.
It’s easy to be cynical, but actually that was really awesome.
“I found a body with no legs.” (plural)
As opposed to: “I found a body with no heads.” (Weird alien concept!)
“I found a body with no leg.” (Ambiguous meaning)
“I found a body with no left leg.” (Zero of “left leg” is not plural, while “zero of leg” is plural.)
Consider, Alien Crimescene show: I found a body. Someone had chopped off the leftmost head. The remaining heads stared at me with their 47 dead eyes.
Oh trigger warning, gore, btw.
Also — “Jevon’s paradox”. That one is nasty! For example: just about anything we do to decrease use of fossils fuels by some small percent, makes the corresponding process more efficient, more profitable, and thus happen more. That’s a nasty nasty problem. I guess it’s not specific to computer science, but all engineering.
Which major parties support it? Who is even talking about it?
It’s such an obviously needed mechanism, but hard to get anyone enthused about it.
This group have some proposals on the topic —
https://en.m.wikipedia.org/wiki/Association_for_the_Taxation...
Although: Comparing that type of comparison to the general case of comparing quantities of different countable objects (“trees on earth versus stars in our galaxy”) is itself a different type of comparison that is even weirder. Maybe?
Several layers of problem there, particularly that a “criminal record” doesn’t mean you’ve been found guilty, only charged, and that the stay on proceedings means an innocent person can never clear their name- allowing the Canadian police to sweep their faulty charges under the rug.
> The project was built and launched as part of Netlify’s Dusty Domains project, where for each project built and launched on an old domain money was donated to charity! Ultimately over a hundred thousand dollars was raised for a variety of individual charities.