499100+ entries in 0.301s
junseth: I will say
this
though, I am a very strong believer in
the Chicago school of economics which says
that deep markets are efficient. So, inflation, for me,
tends
to be uninetresting, because you can very very easily hedge against it.
mircea_popescu: asciilifeform what boggles most about
those gymnastics is
the fact
that somehow
the same people don't link
the dots between "unaffordable health care" and "inflation". isn't
this strange ?
junseth: Hahaha. Well, fair enough. Give me a few minutes. I have
to leave my office. I'll come back and do more of
this.
mircea_popescu: compared
to
this, i couldn't care less what ipads cost.
mircea_popescu: if i go
to
the
tailor and i
tell him i want pants
that are nine feet long, he doesn't get
to
tell me pant length is not a fair metric.
junseth: RE: college, it's not a fair metric. College inflation is largely a lie.
The college I went
to cost $45k/year. I paid $3k per year because
the number
they make you pay and
the sticker price are completely different.
☟︎ mircea_popescu: much shittier houses
today
than in 1965, about a margin of 2
to 3,
that cost... 30x more, just about.
junseth: I mean,
this purported decay in quality involves
the development of computers in your hand, cheaper foods a la GMOs (Norman Borlaug), and other nonesuch.
mircea_popescu: so : five
to
ten as bad college
today as compared
to 1965, which costs 100k instead of 10k.
this is about 50x
to 100x factor.
mircea_popescu: (hey, if
the usg is pretending like increases in quality wash inflation away, same argument can be used
the other way
too)
junseth: I mean, if what you usually purchase is 3x more expensive now
than it was a decade ago, I am baffled.
mircea_popescu: divide
the sum of
this basked in 1965 with
the sum of
this basket
today
mircea_popescu: take
three houses in
the
top 10% land value areas of
the country,
take college funds for
twelve children.
BingoBoingo: <mircea_popescu> junseth "
The US has kept inflation down
to around 3-4% for
the most part since
the beginning of central banking in
the US." << you know
that is atrociously untrue. << But for
the lizards who got
to see
their cocaine prices drop nearly six fold over 3 decades...
junseth: Ok. So let's work with
those numbers. At 10% per year for over a decade, what you're claiming is
that
the basket of goods you would be purchasing would have increased abotu 3x in
the last decade.
mircea_popescu: depends on your definition of inflation. by my definition of inflation,
the us experiences about 15% a year, on average, since 2000.
that's exacerbating over
time, so 2015 may well see 30%+
junseth: Haha, I like
to play with
this argument. If you want we can have it. I'll bite. What do you believe inflation
to be?
mircea_popescu: look into volcker,
the problem he addressed, how he addressed it etc.
mircea_popescu: junseth "
The US has kept inflation down
to around 3-4% for
the most part since
the beginning of central banking in
the US." << you know
that is atrociously untrue.
junseth: Now onto
the next products.
junseth: so we own
the Honeywell search
terms
mircea_popescu: "Tasmanian poppies are highly
toxic if ingested.
They are uniquely different
to standard poppies and have been developed
to produce chemicals suitable for industrial processing only." << check out
the proper use of ge huh.
junseth: But yeah, I optimize one
thing at a
time
junseth: At
the moment. We're putting some 2gig up. GE eventually.
mircea_popescu: asciilifeform
the lseek error seems perhaps reminiscent of
the fat problems ?
assbot: Logged on 04-04-2015 00:20:38; nubbins`: i made
tea from seeds once but chickened out
mircea_popescu: asciilifeform you will notice
the "eh why" point never actually came up ? somewhat
to my surprise honestly.
junseth: Hahaha. Just kidding about
the date.
junseth: I actually don't, believe it or not. I've been doing bitcoin since like 2008 ;P and I have never bothered
to give a hoot about making sure I have a provable identity.
Bagels7: I'm just here for
the random violent porn
junseth: You guys are like Florida. No one comes here on purpose.
They end up here.
danielpbarron: most
things
that are worth googling will lead
to
those results
junseth: And voilla, I end up at both
trilema and
the bitcoin-assets log
junseth: so I went
to images.google.com and
threw
the URL in
there.
junseth: I wanted
to see where
the space ghost image had gotten
to
junseth: I can
tell you how I got here
today
danielpbarron: like where? where is it
that is allowing b-a content
to
the surface ?
junseth: Haha. Well, I wouldn't say I have heard of Bitcoin assets so much as stumbled on ya'lls stuff from
time
to
time.
danielpbarron: wow not often I encounter someone who has not only heard of b-a or
trilema but also actually likes
them
junseth: Haha. Glad I stumbled on
the
trilema post
too. Your content is always really spot on +mircea_popescu
junseth: You guys are great. Don't read it everyday, but I enjoy stumbling on
the Bitcoin-assets stuff from
time
to
time.
mats: but i
thought, hey, you know, i'll
try
this stuff
that white folk used
to enslave a generation of my ancestors
mats: making
the stuff and smoking it wasn't my idea
mircea_popescu: mats someone who is not you could have bought a shitton of seeds, ground
them finely, poured straight vinegar on
the whole mess, let it sit for a while,
then wash it all out and enjoy.
BingoBoingo: Also keeps less people from being involved in
the harvest compared
to labor intensive latex harvesting
BingoBoingo: less
total alkaloids, but useful
to
them is less of a mix of alkaloids survive
that far into
the plant's life
BingoBoingo: <mircea_popescu>
they want
the latex, which means
that pod won't produce. << Depends on whose definition of "legit" production. Pharma usually
takes straw for processing.
mircea_popescu: they want
the latex, which means
that pod won't produce.
danielpbarron: nubbins`> i made
tea from seeds once but chickened out << i've had poppy
tea; it was very pleasurable
BingoBoingo: <nubbins`> same seeds on, say, poppyseed bagels << Yes "legit" opioids come from
the waste straw from food cultivation of
the seeds
mircea_popescu: at least, it was in a bunch of
traditional romanian pastries i never cared for.
mircea_popescu: afaik
the paste (very finely ground seeds with butter) is widely used as a filling
mats: i'm new
to
this subterfuge
thing.
mats: i
think he boiled
the stuff and
then just let
the water evaporate.
mats: nubbins`: SWIM bought seeds, like you, and made a paste
that we smoked. it was a lot of effort and very mild.
nubbins`: i made
tea from seeds once but chickened out
nubbins`: BingoBoingo all
the fun books were missing from my uni's library
nubbins`: <+asciilifeform> who
the fuck -buys- 'anarchist's cookbook' <<<
BingoBoingo: Urban legend in library world is
that "Anarchist's Cookbook" and "Steal
this Book" are
titles
that would outrage censors who find
them in library catalogs long after library patron's had liberated
them from
the shelves.
mircea_popescu: (btw, i'd have figured you bought a hardcopy of
tbofh)
mircea_popescu: and
that
this arrangement came
to a halt recently, when some arkansas derps bought it, and are republishing a widely bowdlerized version.
mircea_popescu: it seems :
that
the original author pulled a deepthroat,
that
the original publisher owned
the rights
to it
mircea_popescu: btw re anarchist cookbook
thing, it seems
there's a bit of americana in
there.
BingoBoingo: But yes,
there's also
the non-meat culinary, gardening, and engineering uses for
the
things
nubbins`: BingoBoingo
then i guess i'd have
to fill all
these fistulas up again
nubbins`: although i've occasionally wished i had one while holding a particularly plump
tangelo
BingoBoingo: nubbins`:
The pretext for picking up a few hundred biopsy punches. You never know what
the future holds
nubbins`: duod
this was like 15 years ago ;/