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Comment Re:An old familiar story (Score 0) 67

Are you saying you didn't see this coming? It is a democratic system, ain't it? So this means politicians just do what is expedient, that's why they are elected. Leaders have stopped being elected long long time ago. Not that I am for any government intervention into any of this at all, I am against it. I believe we must do what we do as a species without any collective action enforced by government, I am against all government intervention. I am totally against anyone trying to architect our survival as a species, I am all for real natural selection.

Comment Re:tells me the time fine (Score 1) 70

Asked the thing to tell me:

I have heard that you sometimes give wrong time and sometimes even answer that you cannot tell the time, why does this happen to some people?
ChatGPT said:

You see different behavior because the system reads time from the userâ(TM)s environment. Some users block this data. Some browsers hide it. Some devices send inconsistent region info. This leads to gaps.

You see steady answers because your browser shares stable time data.

Other users trigger fallback behavior. In those cases I answer that I cannot read the time.

is this it?

Comment Re: You can't cut off cheap Chinese goods (Score 1) 96

Deflation is not automatically bad, China is seeing deflation now, and that's actually the plan. To do it though you need competent leadership, which we in the west are sadly lacking.

https://kdwalmsley.substack.co...

Chinese deflation is a result of powerful supply-side forces that have the opposite effect: China’s economy continues to grow at solid rates, while rent-seeking profits are extinguished at the company level by high competition.

Comment Re:Competition (Score 1) 96

So what did the US do? Cut off China's access to advanced lithography equipment, prompting China to create its own litho industry. While they're not yet to the level of cutting edge chips from TSMC the new Huawai phones boast chips with their own design as good as the ones in iToys of just a few years ago.

Comment Re:look ma, (Score 1) 67

OFC this actually exists: magic Bean Coin. It was an inflationary coin (holding coins generated more coins). I met one of the developers a few years ago. He was a really smart thoughtful principled guy. Just chose a really weird goal to throw himself into and not much formal economics education (but lots of "alternative economics"). I just checked first time in a decade, the 24 hour volume was like six bucks and the project webpage is gone

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