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Comment Re: I think it would be a good idea.. (Score 0) 118

What if the Fed buys bonds? Why did bond yields plummet after the Fed's liberal printing in 2008?

Is it possible you're misidentifying the zero-sum assumptions of economics as "not stupid" when in fact not taking advantage of the positive sum nature of financial economics is the real stupidity?

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Journal Journal: Project Hail Mary 2026 is the dumbest things I have watched in a while 1

The story is really really really really really stupid. Every minute there was another thing, dumber than the one before it. Sure, it is funny sometimes and it is a tragic story but all the elements of it taken separately are idiotic, dumb, moronic. Water based dots that contain more energy than nuclear bombs of their size would while not being so dense, as to weigh hundreds of tons under Earth's gravity. These dots eating our Sun and at the SAME TIME being detected around all stars (but one

Comment Re: Win the battle, lose the war (Score 1) 79

As you can imagine I am 100% against communism and any form of socialism. Bezos and everyone else must have property rights not hindered by government, it is his business to run (or his board) and government must not be in position to dictate how any company hires and fires people, who they hire and fire, why, etc.

Comment Re:Win the battle, lose the war (Score 1) 79

I fully expect Amazon to close this warehouse, maybe it will be contaminated with something radioactive for example, to make things easier and then it will shut down. Personally I root for the anarcho capitalist solution and wish Amazon to win this battle for its private property rights.

Comment Anyone remember the bugroff license? (Score 0) 125

Thus enter my version.

Its very simple.

Entirely consistent.

Completely unrestrictive.

Easy to apply.

The âoeNo problem Bugroffâ license is as followsâ¦

The answer to any and every question relating to the copyright, patents, legal issues of Bugroff licensed software isâ¦.

Sure, No problem. Donâ(TM)t worry, be happy. Now bugger off.

Comment Re: Does this remove the "menu costs" argument (Score 0) 194

Cost of living adjustments for everything including savings?

Ai: "According to Fischer and Modigliani (1978), a fully indexed economy is an idealized system where all financial contracts, tax systems, and accounting procedures automatically adjust for inflation, neutralizing its real economic effects. This framework assumes nominal institutions, such as tax systems and debt contracts, are replaced with real-terms adjustments that keep real interest rates constant. Read the full NBER paper at nber.org."

Comment Good for basic income, no? (Score 0) 97

Unless this is really about fidelity to economics and not software, can you imagine the pure engineering productivity unleashed if engineers had a decent guaranteed inflation-proofed basic income and didn't have to listen to bosses telling them to artificially restrict access and features due to advertiser pressure?

Comment Re: Does this remove the "menu costs" argument (Score 0) 194

Then why did Modigliani and Fisher say in their 1978 paper "Towards an understanding of the real costs of inflation": "The traditional view that because money is neutral, inflation produces no appreciable real effects is shown to hold approximately only for an economy whose institutions are fully inflation proof, e.g. a fully indexed one.", and why can't we fully index the economy?

Why did Israel use full indexation for decades while increasing their standard of living? What if the decision in the 1980s to use price controls instead of indexation was an arbitrary mood; why couldn't they have kept indexation going forever (they still use it today in fact)?

If your income goes up immediately with prices, why would you care about nominal inflation, because even if gas went to $10/gallon your income increase would allow you to buy the same amount you always did without losing any money?

Since the US currency has lost some 90+% of its value since the country's founding, yet the US is the world's premier superpower, hasn't indexation been used implicitly to keep real purchasing power rising even as nominal inflation has risen?

Do you just have a mood affiliation against indexation and no sound argument?

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