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Comment Re:Stable Coin (Score 1) 62

Economists don't say this, what they say is a small amount of predictable inflation is better than deflation.

They do say it, and the reason they say it is that "wages are sticky" -- that is, they tend not to drop even when the market-clearing wage drops. Since it's very hard to reduce wages in nominal terms, inflation helps allow labor prices to drop in real terms.

Comment Re:US Crypto Acceptance (Score 2) 62

"Trump seems to like crypto - he's opened up the crypto market in the US, and so people are inevitably coming to make some money out of it."

The reason el Bunko did that was so that he could cash in. He doesn't give a flying rat's ass about anyone else. It also has foreign policy implications. Pakistan wanted tariff relief and turned to funding crypto-lobbyists because the knew el Bunko would "appreciate" their support of his scam.

Comment Re:The neighborhood is going to shit (Score 1) 65

There was an article on the WSJ about a week or so ago that said roughly 60 % (or it might be 40 %, memory fades) of wage earners had money in the stock market in various guises. They have been buying on the dips. That, according to this article, is what has been propping up the market. There is also froth from AI-Mania. I suspect the big boys have been feeding it thinking they are savvy enough to bail in time when it all goes pear shaped.

The small investors have been doing this for quite awhile, and as long as they continue to do this, they continue to be rewarded; at least that is their thinking. They also tend to be a resilient lot because they've weathered downturns and buying into them in the past. I cannot judge what kind stomach they will have if a real gale blows or if the article was weighing their contribution as more than it deserves.

Comment Re:So is it... (Score 1) 62

The Little Ice Age was from 16th to the 19th centuries. The Maunder Minimum was a period around 1645 to 1715. See my references below.

So your dates do not line up. Stop spouting bullshit.

From https://en.wikipedia.org/wiki/...:

"The Little Ice Age (LIA) was a period of regional cooling, particularly pronounced in the North Atlantic region.[2] It was not a true ice age of global extent.[3] The term was introduced into scientific literature by François E. Matthes in 1939.[4] The period has been conventionally defined as extending from the 16th to the 19th centuries,[5][6][7] but some experts prefer an alternative time-span from about 1300[8] to about 1850."

From https://en.wikipedia.org/wiki/...:
"The Maunder Minimum, also known as the "prolonged sunspot minimum", was a period around 1645 to 1715 during which sunspots became exceedingly rare."

and

"The Maunder Minimum roughly coincided with the middle part of the Little Ice Age, during which Europe and North America experienced colder than average temperatures. Whether there is a causal relationship, however, is still under evaluation.[17] The current best hypothesis for the cause of the Little Ice Age is that it was the result of volcanic action.[18][19] The onset of the Little Ice Age also occurred well before the beginning of the Maunder Minimum,[18] and northern-hemisphere temperatures during the Maunder Minimum were not significantly different from the previous 80 years,[20] suggesting a decline in solar activity was not the main causal driver of the Little Ice Age. "

Comment Re:What damages? (Score 1) 63

There are errors in some of the lyrics on these sites that are replicated everywhere. That is, you cannot find the lyrics without the errors. Anywhere....except if you have a booklet that came with the CD, I guess..

Just one example that I encountered recently. In the soundtrack of the film "Arizona dream", there is a number titled "TV screen". A line in the lyrics says "You are the target for the stars and the products on the TV screen". I hear it very clearly....Every lyrics site I checked had "planets" instead of "products".

See here for example
https://genius.com/Goran-brego...

Can some good soul (native English speaker) listen to the song and tell me did I mishear? The whole world says "planets" but I insists the word is products. Also, products is much more in line with the the lyrics. The stars that sells us products on the TV screen.....planets just does not fit IMO.

Comment Re:Woke AI education is now a thing :o (Score 1) 64

No, woke merely means not inert to the racism, misogyny, and white bias built into the culture. Being anti-woke means you would welcome Nazi-style clampdowns on countering that. Stop lying, bad for you, make you believe stupid things and follow leaders who have the attention span of gnat.

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