One point that I found interesting was that the debt system we just discussed is necessarily expansionary; the people who owe your company money have to make it from somewhere, and eventually more resources have to come into the system (the value of peoples' collateral has to increase) and this can only happen by an exploitation of the commons (taking up residence on what was an unowned piece of land, cutting down trees, mining gold, etc).
fwiw this is a misunderstanding that is extremely common, and quite old. I don't know the source but the accumulation confusion predates Marx, who himself gave a widely-known version of it
Debt is not necessarily expansionary. If you dig through all the layers of financial abstraction, at its core, a positive interest rate reflects underlying technological returns to investment. If these opportunities did not exist, then the rate can simply be negative, i.e., one saves money but receives less in the future, rather than more. This was in fact the default state of affairs for most people in most of human history.
should we come up with a joint track list for our own mix? make our own separate? try one last time to fashion this steaming reddit pile into a masterpiece?
maybe i'm streaming terrible dj right now if i am its here
One point that I found interesting was that the debt system we just discussed is necessarily expansionary; the people who owe your company money have to make it from somewhere, and eventually more resources have to come into the system (the value of peoples' collateral has to increase) and this can only happen by an exploitation of the commons (taking up residence on what was an unowned piece of land, cutting down trees, mining gold, etc).
fwiw this is a misunderstanding that is extremely common, and quite old. I don't know the source but the accumulation confusion predates Marx, who himself gave a widely-known version of it
Debt is not necessarily expansionary. If you dig through all the layers of financial abstraction, at its core, a positive interest rate reflects underlying technological returns to investment. If these opportunities did not exist, then the rate can simply be negative, i.e., one saves money but receives less in the future, rather than more. This was in fact the default state of affairs for most people in most of human history.
Can you imagine a scenario in which the Federal Reserve would permit a negative interest rate?
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TL DRNot at all confident in his reflexive opinions of thingsRegistered Userregular
should we come up with a joint track list for our own mix? make our own separate? try one last time to fashion this steaming reddit pile into a masterpiece?
Let's do a joint list. Maybe suggest a tune and I'll counter? Or however you want to do it.
Could be tricky depending on how disparate our tastes get.
One point that I found interesting was that the debt system we just discussed is necessarily expansionary; the people who owe your company money have to make it from somewhere, and eventually more resources have to come into the system (the value of peoples' collateral has to increase) and this can only happen by an exploitation of the commons (taking up residence on what was an unowned piece of land, cutting down trees, mining gold, etc).
fwiw this is a misunderstanding that is extremely common, and quite old. I don't know the source but the accumulation confusion predates Marx, who himself gave a widely-known version of it
Debt is not necessarily expansionary. If you dig through all the layers of financial abstraction, at its core, a positive interest rate reflects underlying technological returns to investment. If these opportunities did not exist, then the rate can simply be negative, i.e., one saves money but receives less in the future, rather than more. This was in fact the default state of affairs for most people in most of human history.
Can you imagine a scenario in which the Federal Reserve would permit a negative interest rate?
it would be extremely difficult to have a scenario where a negative nominal rate coexists with widely available durable cash. You can obtain a 0% nominal rate by using your mattress as a bank. Of course, this was a different matter in the era of cumbersome precious metal currency, where any substantial savings would require a regular fee to the bank, in return for protection of that deposit.
a negative real rate is more readily imaginable. You live in it:
note that the era of precious metal currency is not the same as the gold standard; the gold standard replaced it by having bank notes replace the gold itself. The notes would then be durable and storable, subject to the default risk (of the issuing bank disappearing).
should we come up with a joint track list for our own mix? make our own separate? try one last time to fashion this steaming reddit pile into a masterpiece?
Let's do a joint list. Maybe suggest a tune and I'll counter? Or however you want to do it.
Could be tricky depending on how disparate our tastes get.
yeah could be. especially if we limit it to free tracks haha
hmm
uh
i have no ideeaaaaa
you pick da songzzz
maybe i'm streaming terrible dj right now if i am its here
Posts
the kyle's mom is a big fat b is so good
cartman in blackface, cartman doing a showstopper chorus at the end, everyone getting really into it
and the la resistance song fuk
and the gengars who are guiding me" -- W.S. Merwin
especially the part where he wears black face
just so shocking and so right
They should fuck and give you a double nephew.
sadly, they have not been receptive to this suggestion in the past
fwiw this is a misunderstanding that is extremely common, and quite old. I don't know the source but the accumulation confusion predates Marx, who himself gave a widely-known version of it
Debt is not necessarily expansionary. If you dig through all the layers of financial abstraction, at its core, a positive interest rate reflects underlying technological returns to investment. If these opportunities did not exist, then the rate can simply be negative, i.e., one saves money but receives less in the future, rather than more. This was in fact the default state of affairs for most people in most of human history.
This was the first mp3 I ever owned.
i've told the same story in every nerd bar from houston to biloxi
i did not have sexual relations with that woman
and the gengars who are guiding me" -- W.S. Merwin
That and Blame Canada
And Kyle's Mom's a Bitch
...and Up There
aaaaand now I just wanna watch the movie.
Netflix.
Don't forget Chocolate Salty Balls. But that is from the show. It is great.
Never gets old.
should we come up with a joint track list for our own mix? make our own separate? try one last time to fashion this steaming reddit pile into a masterpiece?
maybe i'm streaming terrible dj right now if i am its here
omg the big finish
I forgot about the big finish
so perfect
Book of Mormon is probably one of the best things out there.
where's your breakfast young man >:[
@
Context!
Can you imagine a scenario in which the Federal Reserve would permit a negative interest rate?
Let's do a joint list. Maybe suggest a tune and I'll counter? Or however you want to do it.
Could be tricky depending on how disparate our tastes get.
Some pugs are gonna die because their tank stopped tanking and if they complain I'm gonna tell them to come here and blame Mazzy and Ludious.
and the gengars who are guiding me" -- W.S. Merwin
it would be nice if the @ suggester would close when the cursor is no longer at the @ word
right now if I type
"[at]ronya[space]some other thing[enter]"
the suggester will immediately delete everything except the [at] the moment I hit 'enter'
this is even if I'm not even typing any more, and have hit tab to focus out of the textarea and focus on Post Reply.
Ehh, it is probably WoW.
They should probably go outside anyway.
oh snap
oh yeah
sample dis
ffxiv
But maybe I'll just run as deeps. No one notices when deeps are sporadically non-functional, right?
it would be extremely difficult to have a scenario where a negative nominal rate coexists with widely available durable cash. You can obtain a 0% nominal rate by using your mattress as a bank. Of course, this was a different matter in the era of cumbersome precious metal currency, where any substantial savings would require a regular fee to the bank, in return for protection of that deposit.
a negative real rate is more readily imaginable. You live in it:
I never healed AFK deeps. You AFK you die.
only minor quibble: it is less good for avfacing
No no, not afk, just temporarily unable to do my rotation correctly due to excessive laughter
yeah could be. especially if we limit it to free tracks haha
hmm
uh
i have no ideeaaaaa
you pick da songzzz
maybe i'm streaming terrible dj right now if i am its here