253000+ entries in 0.068s
mircea_popescu: that's kinda how the notion of the central banker was born. it does make economic / financial sense.
mircea_popescu: generaly confidence crises can be unwound by a party universally trusted that's techniocally competent
mircea_popescu: decimation> j.p. morgan singlehandly bailed out banking ca. 1907 << nah, it was more like teh mp effect.
mircea_popescu: <asciilifeform> 'the actual rich' as a monolithic whole is, i dare say, a fictional trope as well << what, and i suppose the island of beautiful women doens't exist, either ?!
mircea_popescu: like a discussion among 12 yo boys about what makes women sluts.
mircea_popescu: shut up and pay no attention to the man behind the curtain.
mircea_popescu: asciilifeform the whole piece is a neat summary of just how idiotic the demo is.
mircea_popescu: yeah but the problem is still exposed : to live like one pleases specifically can not carry a rider of time limited.
mircea_popescu: asciilifeform that is where we differ. i would live like no man, and i would impale anyone trying.
mircea_popescu: mats: its hilarious that anyone wanted to pay so much as 1mn for blockchain.info << you are thinking money as in, someone earned / saved these. that's not what's happening there : they're spending money that was simply created by yellen / conjured up by accounting fraud / etc.
mircea_popescu: so the problem here is thjat some peniless tramp gave himself a lordship that he then couldn't finance ?
mircea_popescu: seems a lot more productive. the exiled russian thinkers did pretty good in ny. a lot better, at any rate, than the nysu "professors"
mircea_popescu: because back then the average american understood himself as a peniless tramp, that's fortunate to even be allowed in europe at all.
mircea_popescu: <asciilifeform> but not typical. << so much bs. looky here : henry miller did just fine, bumming bowls of soup.
mircea_popescu: so, if "cultured man" is some sort of scholarly gentleman, then one needs some rather commonly available books.
mircea_popescu: rethorical question, not for they present, but for the absent if avid readers.
mircea_popescu: by the way : is the vc circus of the belief that the well proven, on the courthouse record, role of one of the "big four" accounting companies in asset inflation and bubble pumping has been forgotten ?
mircea_popescu: generally, the sort of overgrown boy that doesn't shoot his own horse is in no position to pick anything. woman picks like at the fair.
mircea_popescu: odds are, woman decided to have children, his choice was whether to pay a lawyer AND the woman orjust the woman.
mircea_popescu: asciilifeform i doubt the man decided anything in there.
mircea_popescu: i thought we were discussing an abstract model of "the cultured man"
mircea_popescu: this entire discussion is about 50k worth of wood pulp ?!
mircea_popescu: most of the women i pick up manage to live their lives and pay their rents without any dotcom gifts or "speculation".
mircea_popescu: reading that whole site's never been a bad use of anyone's time
mircea_popescu: "So it is inevitable that a deal will be struck by August 2, because that deal doesn't actually mean anything. This a is husband and wife arguing about rebalancing the household budget, each pretending they aren't going to pay the electric until he's agreed to cut back on beer and she's agreed not to be such a bitch. Whether they do it or not is irrelevant, the electric's still getting paid. The electric always gets
mircea_popescu: well i only paid attention for a shoirt time and late on
mircea_popescu: decimation on one hand yes they did, on the other hand they fucked it all up.
mircea_popescu: TheNewDeal most of what the man ever writes is golden. and unlike derps like moldbug or orlov, he a) isn't putting annoyingly self-advertising and b) doesn't actually have a pro-state agenda
mircea_popescu: he Man (but with no pension.) That's the system. Cut SSI payments and those docs-- and nurses and etc-- don't get paid."
mircea_popescu: "The system not only pays poor people, it employs lots and lots of almost poor people. I'm not saying this is a good thing, or a desirable thing, I am simply stating a fact. Some of these are direct government jobs (e.g. staff down at the SSI office) and some are pretend private sector jobs. If you're a psychiatrist at an inner city clinic, you may think you're an independent contractor, but you're really working for T
☟︎ mircea_popescu: asciilifeform re the "private", chris ballas had an excellent piece.
mircea_popescu: asciilifeform usg still working on hardforking the internet, huh ?
mircea_popescu: first time the bs "state owns the road" started afaik.
mircea_popescu: TheNewDeal how about that! i knew katrina was a floor not a top.
mircea_popescu: myeah. groupon being an effort to make this into a BILLION DOLLAR COMPANY
mircea_popescu: ben_vulpes> introduction of a new versioning system should not be an ad hoc thing. << or a thing at all.
mircea_popescu: <ben_vulpes> can't say as i get it. either one owns btc or one doesn't. << one either owns real estate or doesn't. where does that leave the teenagers, inhabiting comfortable middle class homes they can't afford, and not even having to suck cock for it, like they will a decade down the road ?
mircea_popescu: <asciilifeform> fellow using webwalled - is quite like above illustration. << pretty good one. especially because it happened
mircea_popescu: see how many COUPONS you find. to "save" generally 5-10 bux.
mircea_popescu: go break into one of these low income households, rape the women, kill the men, ransack the drawers.
mircea_popescu: <ben_vulpes> everone else...gives zero fucks. and will continue to give zero fucks until usd/btc bubbles up again. << at the time it was 50-70bux or so.
mircea_popescu: anyone's more than welcome to run their own blocklists, which some people do. but the entire network's built on the premise that you can'trealy isolate nodes.
mircea_popescu: mod6 a) lord kelvin! there's no kalvin. an' b) just forget about this entire vanity version thing, why do you want to hardfork the versions now ?!
mircea_popescu: moar like, "welcome to we also use windows, because stupidity doesn't stink, nor hurt."
mircea_popescu: mike_c amusingly enough, it's exactly the same process (dressed in different words) that your average romanian inkeep uses to keep the average romanian wench working under the table.
mircea_popescu: mike_c ben_vulpes it's a thoroughly broken, dysfunctional and nonsensical model, andja know it.
mircea_popescu: you can't find five argentines to rob a bank with, let alone do actual work.