log☇︎
792800+ entries in 0.491s
KRS-: so true man
ThickAsThieves: you are so right about picking place to eat!
mircea_popescu: like, doing something useful. which explaining stuff to idiots rarely is.
mircea_popescu: by the time you explain the situation to them you could have made more money than their aggregate savings by just... working.
mircea_popescu: with ppl as they are, even picking a fucking place to eat takes tw odays.
mircea_popescu: you tell them what to do and are done with it.
ThickAsThieves: or at least what mp says total ignore-ance
KRS-: They wont even listen to me.
KRS-: You aint kidding...got similar family like that thinking their 401k's are fine and all.
ThickAsThieves: its total ignirance out there man
KRS-: I'm sure serious investors already know this.
ThickAsThieves: and that tomorrow, they will have less $ in the bank whether they withdraw or not
ThickAsThieves: i want them to undestand they do not have $X in the bank
KRS-: is that of benefit to you?
ThickAsThieves: i'm looking for an easy way to educate my circles on dollar inflation and dilution
KRS-: you would think
ThickAsThieves: if we owe $17.25t then that is probly the minimum amount of dollars, no?
KRS-: ThickAsThieves: it does. Its carefully scrutinized, but where you go for the numbers are for those in the know.
ThickAsThieves: maybe the simple answer is to just use the largest one
ThickAsThieves: it is has to add up somewhere right?
KRS-: ..was going to say if you want to trust those numbers.
ThickAsThieves: nah there has to be some sort of path through the math
ThickAsThieves: like, how doe sthe first report show $11t, the second say 1.23t, and the debt clock say $17.st
KRS-: see the news lately, DOW and other markets are looking flaky
ThickAsThieves: i cant sort how these numbers add up though
ThickAsThieves: a ha "There was approximately $1.23 trillion in circulation as of January 29, 2014, of which $1.18 trillion was in Federal Reserve notes."
KRS-: other SMB's have been great, long time clients, low workload, worked 2-4 days a week on average and made great money..thinking about going that route again, i just hate selling myself..maybe i can get a marketing company to do that.
assbot: [HAVELOCK] [B.MINE] [PAID] 0.50889948 BTC to 444 shares, 114617 satoshi per share
KRS-: ya i guess i cant blame them..much incompetence out there.
ThickAsThieves: probly from being burned by all the expert nephews and windows experts
KRS-: haha ya or the formatting isnt quite right on my spreadsheet or word document
ThickAsThieves: old people really dont trust IT people at all
ThickAsThieves: small business web hosting mostly consists of "I lost my iPhone can you get my email back the new one?" and "Why are erection pill ads on my home page?"
KRS-: the best was a nonprofit i consulted for..the 68 yo CFO was telling me how to do my job..needless to say i didnt service them past the initial 2-3 visits.
ThickAsThieves: I had to give this one adult day health care place all new staff emails twice in two years because staff turnover and "but they wanna use their Yahoo"
KRS-: and took credit for the effiencies, increased sales and gains
KRS-: then went running to the dev's for support
KRS-: worked at this one company where upper IT management thought they were all hot shit like that but had no idea of the underlying concepts
KRS-: "oh i can click shit and run the wizard" "I is a computer expert"
ThickAsThieves: maybe you should become one of those
KRS-: thats how some people are these days with I.T.
KRS-: i think i'm going to change careers..i want to become a rapper.
ThickAsThieves: i'm just trying to understand the money supply better
chetty: What dollars? They are just 1's&0's in computers somewhere - oh wait thats btc, oh wait ..
ThickAsThieves: So am I correct in stating the USG reports there exists approx $11,000,000,000,000?
mircea_popescu: people understand all too well they do not wish to understand this if they wish to continue whatever it is they're doing.
ThickAsThieves: the clock wouldnt tell the whole story anyway I guess, but would still be an easy way to show US people clearly what happens
mircea_popescu: it was you wanting the m3 above.
mircea_popescu: notwithstanding the only time i heard someone in this channel wanting some sort of info from the usg
mircea_popescu: they ceased publishing the m3 in 2005
ThickAsThieves: is there a counter like the National Debt Clock for dollar dilution?
ThickAsThieves: great domain too http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html
ThickAsThieves: its from the the official website
mircea_popescu: ThickAsThieves what they mean is "notes are used to either send to consumers which sell us burned/destroyed paper money, or else to banks or other institutions that have the authority to remove paper from circulation"
ThickAsThieves: <mircea_popescu> https://bitcointalk.org/index.php?topic=443108.msg4887312#msg4887312 << seems they've decided it's called ALT not ATC. <<< The hear wants what the hear wants!
ThickerThanThiev: During Fiscal Year 2013, the Bureau of Engraving and Printing delivered approximately 26 million notes a day with a face value of approximately $1.3 billion. About 90 percent of the notes are used to replace notes already in, or taken out of circulation.
jurov: and slovenia has usually mild climate, they don't have gas/central heaters everywhere like here
water4ll: what's the problem, stock up on wood and candles and food
mircea_popescu: apparently railroads are blocked too
jurov: just go to vienna and from there
jurov: kakobrekla, no trains either? here we have a little ice, but no such problems
water4ll: look at this snow horse
water4ll: I don't understand why you can be trapped anywhere in the snow ☟︎
mircea_popescu: sucks to drive for a few hours but what if you're stuck there for 2 weeks
mircea_popescu: kakobrekla think about it tho. here everything's fine, snow is melting. you can see the ground.
water4ll: makes a change to normal dailly routine
water4ll: I just use as excuse to smoke in train toilet
mircea_popescu: yeah well, some people got shit to do.
water4ll: even better when trails are cancelled and lights go out
water4ll: I love the snow
mircea_popescu: there's no power there.
mircea_popescu: well i can't teleport you
kakobrekla: im not driving in this weather
kakobrekla: anyway, im on my last ups now and its running low, so i might be offline for a day or three
mircea_popescu: better than water from the pipes.
mircea_popescu: take girl out, remove bra, put snow on her, obtain water from the titties.
kakobrekla: from the pipes!
mircea_popescu: water4ll that's travel.
water4ll: not so much travel, because they don't have intention of coming back
mircea_popescu: in short : why should it be surprising that socially and sexually unattached young males wish to travel ? of course they would, if they're healthy.
water4ll: well they started selling potatoes
mircea_popescu: were they poor ? were they married ?
mircea_popescu: how old were they ?
water4ll: I had known some guys from romania, they couldn't wait to leave. for places like HK
mircea_popescu: the us before that, etc.
water4ll: need to travel pickup few precious trilemna credits
mircea_popescu: or go mine some ATC and trade it for BTC to buy Trilema credits with
water4ll: I have to be frugal with these links
mircea_popescu: http://trilema.com/2012/lectie-comasata-atit-de-decadentism-cit-si-de-bogatie-de-lux/ the shit i find. champagne float.
water4ll: it's covered by the other one
water4ll: whatever brand of animal these are
water4ll: she said the 3rd is the cutest
mircea_popescu: sorry man. can't share it without the pic.
water4ll: i sent shoe on head pic to him via pm
mircea_popescu: you can't have that unless you post a pic with a bunch of junk metal all over your head.
water4ll: has anybody got the address of rpietila's new private bitcoin forum
mircea_popescu: "it too :)" alligns with "probably" on the next line in my view. so i just read over krs and thus it formed one line.
water4ll: mircea_popescu: I think it's time
mircea_popescu: be glad i don't accidentally insert nudes in rndom tech articles or something.
mircea_popescu: why, because i'm doing fifty things that;s why.