459200+ entries in 0.301s
funkenstein_: space,
the final frontier.
to boldly go where no chumpatron has gone before
gribble: Bitfinex BTCUSD
ticker | Best bid: 251.0, Best ask: 251.84, Bid-ask spread: 0.84000, Last
trade: 252.0, 24 hour volume: 32018.7302065, 24 hour low: 235.5, 24 hour high: 247.1, 24 hour vwap: None
pete_dushenski: and everyone's worried he's going
to use
the last few drops of water
to greenify another golf course
pete_dushenski: mebbe because donald
trump just announced his presidential candidacy.
gribble: Bitfinex BTCUSD
ticker | Best bid: 247.91, Best ask: 247.98, Bid-ask spread: 0.07000, Last
trade: 247.89, 24 hour volume: 29095.24612131, 24 hour low: 235.19, 24 hour high: 243.94, 24 hour vwap: None
mircea_popescu: who
the shit cares ?
the "citizens" certainly don't. just as long as
the new, improved, electronic and digital food stamps make it on
time.
mircea_popescu: which is why setbacks in
the indies caused commotion in london, but also why utter rape of
the us
throughout all its engagements since blackpresident and perhaps before don't even raise an eyebrow.
mircea_popescu: <TheNewDeal> I'm suprised usian muggles don't even comprehend
this idea <<
they don't care one way or another, because
they aren't actually invested in
the
thing. it's a meal
ticket. who is going
to care whether
their meal
ticket had a good day at work or a bad day at work ? it's work, it's what it does, fuck it.
mircea_popescu: which is why all
this song and dance about recessions, low rates and permanently unelevated plateaus
mircea_popescu: <decimation> if rates creep up
to > 10%, usg is gonna have
to print
to survive << actually even 1% is unsustainable atm.
mircea_popescu: bwahaha
TheNewDeal 's "anti establishment slacks" omaigerd.
gribble: Bitfinex BTCUSD
ticker | Best bid: 245.19, Best ask: 245.84, Bid-ask spread: 0.65000, Last
trade: 245.19, 24 hour volume: 29095.24612131, 24 hour low: 235.19, 24 hour high: 243.94, 24 hour vwap: None
jurov: it's meant
the bourbon era? i don't get it
BingoBoingo: pete_dushenski:
Then you gotta make your grammar work
pete_dushenski: BingoBoingo: when i wrote "ancien fiat regime" it wasn't a
typo of "ancient fiat regime"
menahem: pete_dushenski, i gotta roll. i'll be on
tomorrow all rested up. cheers all.
menahem: ha, you had sold me on it when you went
to MTL last yr.
pete_dushenski: fuck
these
turbo engines, wide
tires, and supercomputer aerodynamics
menahem: prob
the best
time
to be in Ottawa,
though.
menahem: mostly
to meet
the in-laws :D
menahem: 2 weeks,
then off
to Ottawa for Canada day celebrations.
menahem: yea, probably
take some day
trips
to Switz and Germany
menahem: copped a last minute
to Paris and
took
the
train
menahem: just got
to Strasbourg and i'm 1/2 asleep from
the flight
menahem: "3. Simultaneously, add a new floating block size limit, set
to 1MB."
menahem: in order
to help "startups grow"!!1
menahem: 1/2 way, but garzik increasing
the block size
pete_dushenski: until, of course, reality smokes
them upside
the head and gives 'em a spin.
decimation: if you randomly zap an animal long enough, he learns
to lay down and be useless, even if he could prevent it with simple actions
pete_dushenski: TheNewDeal: but if muggles can afford
the debt and "everyone else is doing it"... hardly seems like a problem worth
the bother
decimation: "Other experiments were performed with different animals with similar results. In all cases,
the strongest predictor of a depressive response was lack of control over
the aversive stimulus."
pete_dushenski: decimation: and why shouldn't
they ?
there's clearly no future for
them, despite
their panglossian pretenses of "first, best, largest ever"
TheNewDeal: except for
the making monopoly money via
treasuries
TheNewDeal: so basically it's something
they should comprehend easily
TheNewDeal: because every muggle is basically in debt up
to
their necks
decimation: the best I can
tell usian muggles exhibit 'learned helplessness'
that moldbug writes about
TheNewDeal: I'm suprised usian muggles don't even comprehend
this idea
pete_dushenski: if
they have
to print
to survive at 1%, for sure 10% will sting.
decimation: if rates creep up
to > 10%, usg is gonna have
to print
to survive
decimation: one obvious 'sword of Damocles' hanging over usg is
the enormous dollar debt at very low interest
pete_dushenski: decimation: could be, sure. 100 years ago : franz joseph i,
today : merkel, 100 years hence : 4638 c4ca kinda
thing
decimation: could be
this year, could be 100 years
pete_dushenski: decimation: if you're financially exposed
to benefit from 'the event', as we all are,
then it's a matter of how long can we be patient
pete_dushenski: TheNewDeal: nothing if you want
to be a street urchin.
pete_dushenski: the writing's on
the wall and people can't ignore it indefinitely
pete_dushenski: how long is kinda interesting in
the sense of "how much
time does
that give us
to stockpile useable computing hardware"
decimation: and
the most obvious 'sovereign risk' for usg
decimation: the question of how long
the dollar can 'levitate' as
the world's reserve is an interesting one
pete_dushenski: the board had
to reorganise and now everything's up in
the air
pete_dushenski: you see
they both have a lottery
ticket
that
they're still waiting
to hear back from
the corporate board on
decimation: aye, well at
that point anything denominated in usd is a risk
pete_dushenski: decimation: i'm supposing he will print 'in
the crux' and
that no one will
take him anymore seriously
than
the streetwalker wearing 15 hats stacked one on
top of
the other
pete_dushenski: you really
think he can make enough money being a slumlord on James Street ?
decimation: are you supposing
that in
the crux he won't print?
decimation: the question is just how much usd it needs
to magic into existence
decimation: pete_dushenski: mid-
to long-term, sure, 100% chance of investment going
to 0 < not so, usg will *always* repay usd debt
pete_dushenski: mircea_popescu: as it's entirely up
to you how long you feel like steering
this ship. except you're, what, half putin's age.
mircea_popescu: pete_dushenski entirely up
to him i would
think, but yeah.
TheNewDeal: methinks gribble has been drinking
today
pete_dushenski: mid-
to long-term, sure, 100% chance of investment going
to 0
mircea_popescu: pete_dushenski hard
to price
the sovereign risk for russia
tho
pete_dushenski: not quite as juicy as
the government bonds, but exposure
to russian corporate bonds looks decently lucrative compared
to western offerings
BingoBoingo: pete_dushenski: Want
to write up BTCGuild? I'm working on another social media failure story
pete_dushenski: speaking of recent commenters, i just had a guy drop a line on buying russian corporate bonds
through an etf on lse
pete_dushenski: i still get comments on contravex saying exactly
that.
mircea_popescu: how many people came here with a "omg i can't believe how stupid i was" sorta
thing.
mircea_popescu: just like
the "community" of high voltage wire lickers, or "transsexuals" or what have you may only exist for as long as it's entirely made of either fresh idiots or
the
trolls
that bait
them