I like it when the draft feature somehow fails to save a draft that I actually wanted to keep.
Anyway, I had a long post written and then I closed the wrong browser window like an idiot and lost it.
The gist is that I want to warn you about the money illusion. A naive argument like "in order to create debt, you have to create money" describes a situation in which the number of indebted dollars increases while the real value of those dollars decreases - you may owe the bank more money, but that money buys less stuff. It's like a fantasy RPG where your attack value increases along with the HP of the enemies so even though the numbers are bigger, nothing actually changes.
If we assume that the primary driving force behind debt expansion is the Fed (it isn't, but this is just for the sake of argument), issuing money in the form of debt might cause the real value of that debt to increase, decrease, or stay the same - depending on the speed at which this is happening and the state of the economy.
So we should be talking about the real value of debt - how much stuff (including labor time) would those dollars buy?
But even that's not a complete picture. When discussing whether debt is reaching problem amounts, we're really interested in ratios - debt-to-income and debt-to-assets - and risks (are those assets likely to spoil?). $1000 in debt is a lot to somebody who only makes $15k a year and has no assets; it's peanuts to somebody who makes $150k a year and has $300k in his 401k. Similarly, if all of your assets are tied up in Research in Motion stock, then it's probably unwise for you to take out a lot of debt.
When debt-to-asset and debt-to-income ratios get too high, then the risk of somebody defaulting increases. If we're talking about systems rather than individuals - say, a real estate market where banks have issued risky mortgages and then other agencies have lied about the stability of those mortgages to sell stakes in those mortgages - then a lot of risky debt failing at one time can cause a cascade of defaults.
This sort of thing is why our popular conversation on the US national public debt is just straight dumb. "We're $17T in debt! BIG NUMBERS! SCARY!" Okay, whatever, what is that in debt-to-GDP ratio? (I'll save you the googling - it's 102%.)
That said, a question like "how high is too high" is something I'm really really really not qualified to answer. I can tell you how a ratio looks historically, or in comparison to other entities... but when start talking about things like global overall debt-to-GDP, I'm out of my league.
every person who doesn't like an acquired taste always seems to think everyone who likes it is faking it. it should be an official fallacy.
jethro tull and another one had alan parsons games people play in it recently
im diggin it
Why does this game look like a CGI cutscene from 1995.
because From is apparently not super good at visual polish
buuuut I fucking love those games so I don't care
Yea DS2 is really ugly at points and some parts people already played were downgraded, Im hoping the PC version actually fixes this and has some visual enhancements
0
ZampanovYou May Not Go HomeUntil Tonight Has Been MagicalRegistered Userregular
jethro tull and another one had alan parsons games people play in it recently
im diggin it
Why does this game look like a CGI cutscene from 1995.
because From is apparently not super good at visual polish
buuuut I fucking love those games so I don't care
Yea DS2 is really ugly at points and some parts people already played were downgraded, Im hoping the PC version actually fixes this and has some visual enhancements
so far they are garbage at pc ports too from what I hear (haven't installed DS yet to check it out) buuuuut I continue to not care so much
if they get better, awesome I would be super happy about that
I like it when the draft feature somehow fails to save a draft that I actually wanted to keep.
Anyway, I had a long post written and then I closed the wrong browser window like an idiot and lost it.
The gist is that I want to warn you about the money illusion. A naive argument like "in order to create debt, you have to create money" describes a situation in which the number of indebted dollars increases while the real value of those dollars decreases - you may owe the bank more money, but that money buys less stuff. It's like a fantasy RPG where your attack value increases along with the HP of the enemies so even though the numbers are bigger, nothing actually changes.
If we assume that the primary driving force behind debt expansion is the Fed (it isn't, but this is just for the sake of argument), issuing money in the form of debt might cause the real value of that debt to increase, decrease, or stay the same - depending on the speed at which this is happening and the state of the economy.
So we should be talking about the real value of debt - how much stuff (including labor time) would those dollars buy?
But even that's not a complete picture. When discussing whether debt is reaching problem amounts, we're really interested in ratios - debt-to-income and debt-to-assets - and risks (are those assets likely to spoil?). $1000 in debt is a lot to somebody who only makes $15k a year and has no assets; it's peanuts to somebody who makes $150k a year and has $300k in his 401k. Similarly, if all of your assets are tied up in Research in Motion stock, then it's probably unwise for you to take out a lot of debt.
When debt-to-asset and debt-to-income ratios get too high, then the risk of somebody defaulting increases. If we're talking about systems rather than individuals - say, a real estate market where banks have issued risky mortgages and then other agencies have lied about the stability of those mortgages to sell stakes in those mortgages - then a lot of risky debt failing at one time can cause a cascade of defaults.
This sort of thing is why our popular conversation on the US national public debt is just straight dumb. "We're $17T in debt! BIG NUMBERS! SCARY!" Okay, whatever, what is that in debt-to-GDP ratio? (I'll save you the googling - it's 102%.)
That said, a question like "how high is too high" is something I'm really really really not qualified to answer. I can tell you how a ratio looks historically, or in comparison to other entities... but when start talking about things like global overall debt-to-GDP, I'm out of my league.
thats what the lizard people behind the federal reserve and 9/11 want you to think
jethro tull and another one had alan parsons games people play in it recently
im diggin it
Why does this game look like a CGI cutscene from 1995.
because From is apparently not super good at visual polish
buuuut I fucking love those games so I don't care
Yea DS2 is really ugly at points and some parts people already played were downgraded, Im hoping the PC version actually fixes this and has some visual enhancements
so far they are garbage at pc ports too from what I hear (haven't installed DS yet to check it out) buuuuut I continue to not care so much
if they get better, awesome I would be super happy about that
DS is kind of a special case though, it was their first PC game and a PC port was never planned.
+1
ZampanovYou May Not Go HomeUntil Tonight Has Been MagicalRegistered Userregular
jethro tull and another one had alan parsons games people play in it recently
im diggin it
Why does this game look like a CGI cutscene from 1995.
because From is apparently not super good at visual polish
buuuut I fucking love those games so I don't care
Yea DS2 is really ugly at points and some parts people already played were downgraded, Im hoping the PC version actually fixes this and has some visual enhancements
so far they are garbage at pc ports too from what I hear (haven't installed DS yet to check it out) buuuuut I continue to not care so much
if they get better, awesome I would be super happy about that
DS is kind of a special case though, it was their first PC game and a PC port was never planned.
yeah hopefully they learned a lot and have planned accordingly here
VariableMouth CongressStroke Me Lady FameRegistered Userregular
just beat the priest in hearthstone... never picked it up after doing the first 2-3 matches a month or so ago. maybe 2 weeks.
I was bummed that I don't really like the shaman. currently feeling priest/paladin/mage just from what I read in the OP of the G&T thread. druid looks interesting. we'll see. I think I said this last week when I installed it but at the least it's something I can play that's more laid back, good laptop game.
I wish I knew the DS port was shit. The 360 was on sale, and I would've picked it up if I knew that.
you can fix the biggest issues with a patch (DS fix), and by using a 360 controller.
imo it's nicer on pc w/ the patch than on ps3 (can't speak to the 360 version)
downright beautiful on my pc.
Yea that is one awesome, thing the texture work of Dark Souls is really great but the low res textures of the console versions kill any detail - but on PC they come out like woah
just beat the priest in hearthstone... never picked it up after doing the first 2-3 matches a month or so ago. maybe 2 weeks.
I was bummed that I don't really like the shaman. currently feeling priest/paladin/mage just from what I read in the OP of the G&T thread. druid looks interesting. we'll see. I think I said this last week when I installed it but at the least it's something I can play that's more laid back, good laptop game.
bro are we friends lets be friends PM me
0
ThomamelasOnly one man can kill this many Russians. Bring his guitar to me! Registered Userregular
And now it is time for me to spread the earworm disease
Now it’s saturday morning and I want to sleep in, but the nextdoor neighbor’s dog is barking again.
The wife and the kid been bugging me to go for a ride.
But a week’s worth of work is piled up by now, and I’m expected to get it done somehow.
Then I gotta find the time to do what they wanna do.
Instead I pump iron.
I push out another set. I pump iron. I got to work off all this sweat.
You see but working out my muscles I’m relaxing my mind and after an hour or two I’ll find,
my whole outlook on life is shiny and new.
DasUberEdward on
+1
BeNarwhalThe Work Left UnfinishedRegistered Userregular
I like it when the draft feature somehow fails to save a draft that I actually wanted to keep.
Anyway, I had a long post written and then I closed the wrong browser window like an idiot and lost it.
The gist is that I want to warn you about the money illusion. A naive argument like "in order to create debt, you have to create money" describes a situation in which the number of indebted dollars increases while the real value of those dollars decreases - you may owe the bank more money, but that money buys less stuff. It's like a fantasy RPG where your attack value increases along with the HP of the enemies so even though the numbers are bigger, nothing actually changes.
If we assume that the primary driving force behind debt expansion is the Fed (it isn't, but this is just for the sake of argument), issuing money in the form of debt might cause the real value of that debt to increase, decrease, or stay the same - depending on the speed at which this is happening and the state of the economy.
So we should be talking about the real value of debt - how much stuff (including labor time) would those dollars buy?
But even that's not a complete picture. When discussing whether debt is reaching problem amounts, we're really interested in ratios - debt-to-income and debt-to-assets - and risks (are those assets likely to spoil?). $1000 in debt is a lot to somebody who only makes $15k a year and has no assets; it's peanuts to somebody who makes $150k a year and has $300k in his 401k. Similarly, if all of your assets are tied up in Research in Motion stock, then it's probably unwise for you to take out a lot of debt.
When debt-to-asset and debt-to-income ratios get too high, then the risk of somebody defaulting increases. If we're talking about systems rather than individuals - say, a real estate market where banks have issued risky mortgages and then other agencies have lied about the stability of those mortgages to sell stakes in those mortgages - then a lot of risky debt failing at one time can cause a cascade of defaults.
This sort of thing is why our popular conversation on the US national public debt is just straight dumb. "We're $17T in debt! BIG NUMBERS! SCARY!" Okay, whatever, what is that in debt-to-GDP ratio? (I'll save you the googling - it's 102%.)
That said, a question like "how high is too high" is something I'm really really really not qualified to answer. I can tell you how a ratio looks historically, or in comparison to other entities... but when start talking about things like global overall debt-to-GDP, I'm out of my league.
thats what the lizard people behind the federal reserve and 9/11 want you to think
I'm pretty sure this is right.
I made a game! Hotline Maui. Requires mouse and keyboard.
JeanHeartbroken papa bearGatineau, QuébecRegistered Userregular
Am I the only one who was unable to log on these forums the past few days?
"You won't destroy us, You won't destroy our democracy. We are a small but proud nation. No one can bomb us to silence. No one can scare us from being Norway. This evening and tonight, we'll take care of each other. That's what we do best when attacked'' - Jens Stoltenberg
0
JacobkoshGamble a stamp.I can show you how to be a real man!Moderatormod
I mean the dude just posted pictures of other dudes sitting public, no identifying information, most of the time their faces weren't visible, no silly captions, no call to harass anybody.
Just pictures of an event that was open to the public.
That isn't harassment! That's just somebody posting a picture of your ass.
every person who doesn't like an acquired taste always seems to think everyone who likes it is faking it. it should be an official fallacy.
Posts
maybe i'm streaming terrible dj right now if i am its here
Luckiest as in, even as a setup that's impressive!
(Unless it's not a setup and then it's just bananas)
why do you have to wait for this?
I like it when the draft feature somehow fails to save a draft that I actually wanted to keep.
Anyway, I had a long post written and then I closed the wrong browser window like an idiot and lost it.
The gist is that I want to warn you about the money illusion. A naive argument like "in order to create debt, you have to create money" describes a situation in which the number of indebted dollars increases while the real value of those dollars decreases - you may owe the bank more money, but that money buys less stuff. It's like a fantasy RPG where your attack value increases along with the HP of the enemies so even though the numbers are bigger, nothing actually changes.
If we assume that the primary driving force behind debt expansion is the Fed (it isn't, but this is just for the sake of argument), issuing money in the form of debt might cause the real value of that debt to increase, decrease, or stay the same - depending on the speed at which this is happening and the state of the economy.
So we should be talking about the real value of debt - how much stuff (including labor time) would those dollars buy?
But even that's not a complete picture. When discussing whether debt is reaching problem amounts, we're really interested in ratios - debt-to-income and debt-to-assets - and risks (are those assets likely to spoil?). $1000 in debt is a lot to somebody who only makes $15k a year and has no assets; it's peanuts to somebody who makes $150k a year and has $300k in his 401k. Similarly, if all of your assets are tied up in Research in Motion stock, then it's probably unwise for you to take out a lot of debt.
When debt-to-asset and debt-to-income ratios get too high, then the risk of somebody defaulting increases. If we're talking about systems rather than individuals - say, a real estate market where banks have issued risky mortgages and then other agencies have lied about the stability of those mortgages to sell stakes in those mortgages - then a lot of risky debt failing at one time can cause a cascade of defaults.
This sort of thing is why our popular conversation on the US national public debt is just straight dumb. "We're $17T in debt! BIG NUMBERS! SCARY!" Okay, whatever, what is that in debt-to-GDP ratio? (I'll save you the googling - it's 102%.)
That said, a question like "how high is too high" is something I'm really really really not qualified to answer. I can tell you how a ratio looks historically, or in comparison to other entities... but when start talking about things like global overall debt-to-GDP, I'm out of my league.
the "no true scotch man" fallacy.
because From is apparently not super good at visual polish
buuuut I fucking love those games so I don't care
PSN/XBL: Zampanov -- Steam: Zampanov
Yea DS2 is really ugly at points and some parts people already played were downgraded, Im hoping the PC version actually fixes this and has some visual enhancements
so far they are garbage at pc ports too from what I hear (haven't installed DS yet to check it out) buuuuut I continue to not care so much
if they get better, awesome I would be super happy about that
PSN/XBL: Zampanov -- Steam: Zampanov
I wanted a blind run
fuck
thats what the lizard people behind the federal reserve and 9/11 want you to think
DS is kind of a special case though, it was their first PC game and a PC port was never planned.
yeah hopefully they learned a lot and have planned accordingly here
PSN/XBL: Zampanov -- Steam: Zampanov
you can fix the biggest issues with a patch (DS fix), and by using a 360 controller.
I'm mad I wiffed on pre ordering this. they have such fiiiine collector's editions.
imo it's nicer on pc w/ the patch than on ps3 (can't speak to the 360 version)
downright beautiful on my pc.
what was this in reference to?
I was bummed that I don't really like the shaman. currently feeling priest/paladin/mage just from what I read in the OP of the G&T thread. druid looks interesting. we'll see. I think I said this last week when I installed it but at the least it's something I can play that's more laid back, good laptop game.
Yea that is one awesome, thing the texture work of Dark Souls is really great but the low res textures of the console versions kill any detail - but on PC they come out like woah
bro are we friends lets be friends PM me
hrmmm
@Jacobkosh
A book that TL DR is reading. The conversation starts here: http://forums.penny-arcade.com/discussion/comment/29314101#Comment_29314101
the "no true scotch man" fallacy.
Now it’s saturday morning and I want to sleep in, but the nextdoor neighbor’s dog is barking again.
The wife and the kid been bugging me to go for a ride.
But a week’s worth of work is piled up by now, and I’m expected to get it done somehow.
Then I gotta find the time to do what they wanna do.
Instead I pump iron.
I push out another set. I pump iron. I got to work off all this sweat.
You see but working out my muscles I’m relaxing my mind and after an hour or two I’ll find,
my whole outlook on life is shiny and new.
But I think I undervalue card draw
I'm pretty sure this is right.
they just nerfed him anyway
:P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P :P
i just made like, ghetto dulce de leche
what the fuck have i done, it's all downhill from here
why did i open this pandora's box
Yeah, that's what I was reading that made me think of him.
Laying in bed, but now I wanna tinker with my decks and try new things and die pathetically in ranked!
on a scoop of vanilla gelato
on a belgian waffle
that is all
For once, I'm arguing on the side of public shame.
Feels weird.
the "no true scotch man" fallacy.
in high school one summer
was in spain doing some homestay ish and me and my 2 friends just went mad with power
they had these everywhere
these gofres
chocolate
mmm
dulce de leche
mmm
i forget what other kinds
oh my
oh my god
if I could somehow get the leftover bits from our vape sessions into the can
or hell if I just made dulce de leche properly and put it in at some point in the process...
no
no this can't be done
it's too good
Just pictures of an event that was open to the public.
That isn't harassment! That's just somebody posting a picture of your ass.
the "no true scotch man" fallacy.
and then
the wafels truck started coming all the way uptown to campus
gg waffles