96600+ entries in 0.053s
mircea_popescu: should you do
that, you'll have a directly addressable measure of wrecking :
the Ps will push
the
TR above
the level where I can finance its import needs out of
the receipts for its exports.
mircea_popescu: now,
the needs of I are relatively fixed ;
the "needs" of P vary. should P decide
that it only wants import goods, you may be
tempted
to create a "tourist" rate for
the foreign currency
mircea_popescu: suppose you have
the following elements : I[ndustry], producing goods whichg can be exported and needing materials and equipment
to be imported ; and P[opulace], expecting
to be paid a living wage (anyone's pretense
to
the contrary are idle, all
the advanced socialist peons want or ever wanted was "cash for being here",
that'\s why socialist states even exist or ever existed,
to provide
that, from napoleonic france onward) an
mircea_popescu: also, understand
the very informative self-destructive pattern
that became evident in dying su and was by all appearences well understood by "western world", judging at least by how
they keep
trying
to apply it :
mircea_popescu: can be, yes. but in any case --
there's no such
thing as blackface devaluation. blackface is ALWAYS a camp phenomenon.
mircea_popescu: the key ingredient for
the "shovel-and-wheelbarrow" mark in germany isn't so much
the paper itself, as it is
the individuals who'd have
traded "all of
this" for "any little of
that".
mircea_popescu: this is
the deep issue uniting "rock and roll in
the soviet union" with "malinche, lover of hernan cortes" : without a ~well connected local~
to spit on
the local items,
there can not be a serious devaluation of
them.
mircea_popescu: moreover, currency collapse is always driven by naggum's idiots ("in order
to be in a position where one must either strike or die, one must have put
themselves into such a position, for instance by expecting
to buy a lot of
things
they cou;dn't make").
the camp/blackface duality (
http://trilema.com/2017/pronouncements-on-camp/#selection-161.66-161.165 ) is very much apropos : without a "nouveau riche" class, ie, without a b
mircea_popescu: in order for something
to be money it must be "at least
this common" ; much like in order for locusts
to swarm
they must be
touched at least
this often by other locusts.
mircea_popescu: rather, it's a symptom of rarity.
the currency function of a good depends on some contextual properties ; if
there's few enough dollars in
the country,
the dollar bill is less money and more... artwork, say. becomes a kind of stamp.
mircea_popescu: and also : no real interdependence of price and supply. generally, when
the supply increased
the price also increased ; while when
the supply dropped,
the price also dropped.
mircea_popescu: asciilifeform, what else ? usa, where ideas go
to die.
mircea_popescu: (anyway, for documentary lulz : once
the russkis introduced a vague approximation of an interbank currency market in 1991,
the volumes
traded were in
the 10mn range.
this is ALL
THE DOLLARS IN
THE COUNTRY.
think.)
mircea_popescu: (and yes it was a crime
to own bitcoins for soviet citizek.)
mircea_popescu: anyway, but yes,
the principal reason ru had a relatively easy
time in
the 80s (unlike, say, 2015s argentina) is because VERY LITTLE dollars in private hands.
mircea_popescu: stalin says "4:1 because 14:1 is ridiculous",
that's what it is.
mircea_popescu: democracy has well documented
troubles controling what people buy. soviets... hey, only state could buy anything anyway.
mircea_popescu: they had a comparatively easier
time, seeing how
they had much better control on
trade.
mircea_popescu: consequently, some at least cursory argument could be had
that
the price signals are substantially enough different
to not be comparable (and god only knows how many man-hours
the inept "intel" services of
the firm of r,
t & f spent
trying
to discern if official ruble is .5 or 4
to 1 dollars
TRULY.)
mircea_popescu: anyway,
the one
thing
the soviets (all of
them) did well was confound
the issue. see, because "not consumer but industrial economy", various industrial goods were significantly cheaper, and all sorts of consumer goods significantly more expensive,
than in "real world" of reagan
thatcher and friends.
mircea_popescu: rather, a "i don't know how
to write sales copy"
thing.
mircea_popescu: it's always going
to be a purely aribtrary market created by authority fiart, whether it's "write
this string on your
tits" or "tell me
the string yulyiana has written on her
tiots"
mircea_popescu: exactly like "what does dolalr buy
today" ? "well, if you disperse it enough, it buys you some inept wrangling from local orcs". exctly like how $1mn does not buy you much ; but if you break it into $20 chunks you can have "marketing online" "services" from retarded university-of-maryland-criminlogy whores,
mircea_popescu: ro was about 100 lei
to
the dollar, making
the avg salary
then about $30 or so. (per month, about 1/30 or so of us average salary at
the
time).
mircea_popescu: i doubt
that. what was
the black market dollar rate in 1985 moscow ?
mircea_popescu: it's how
the soviets did it, isn't it ? in
that brief interval between when
they died and when
they fell.
BingoBoingo: There's so many embassies in
this city if
there were shootings outside
the slums
they would just about have
to be in front of an embassy.
a111: Logged on 2015-07-08 17:08 mircea_popescu: mod6 "our free market is
this
thing you can only buy!!1"
mod6: unless he really just didn't like
the guys shoes.
mircea_popescu: italian not mexican, sorry (they're next
to each other). and yes some deds.
mod6: or just like "pop-pop, chinga
tu madre."
mircea_popescu: oh i forgot
to mention -- yest as i was moving about
town somebody shot up
the mexican embassy here
mod6: <+BingoBoingo> mod6: Got crackling in
the lungs or just a very wet nose? << got
the
throat
tickle and
the coughing is starting.
mircea_popescu: anyway,
the "up" and "down" may not be as firmly manifest as you personally imagine. postmodernism is bizarro world, up is down,
they say hello when
they leave...
mircea_popescu: hey ; be
that as it may it's still more
than what
trump managed
to date.
a111: Logged on 2018-05-24 16:04 mircea_popescu suspects alf will be nothing short of
thrilled
to discover he now has
the power
to shape usg "law enforcement" policy.
BingoBoingo: mircea_popescu:
the first day I felt compeltely relieved was ironically
the day before I formally affiliated with a hospital here
mircea_popescu: BingoBoingo, btw, did you actually come out of it back
to health ?
BingoBoingo: mod6: Got crackling in
the lungs or just a very wet nose?
mod6: I
think I caught BB's cold. :[
mircea_popescu suspects alf will be nothing short of
thrilled
to discover he now has
the power
to shape usg "law enforcement" policy.
☟︎ BingoBoingo: I've just been plugging in
the url and bingereading
mircea_popescu: it's mostly eulora stuff
to date, you can see it in #eulora
trinque: I'd be happy
to add it, but spyked, how's your rss bot coming along?
☟︎ a111: Logged on 2018-05-24 13:46 asciilifeform: i mean for receiving. in re
the 'some emitters are counters in pivapollo and lack dough'
mircea_popescu: there's
technical writing and
there's commercial copy writing, much like
there's
technical drawing and pornography. crumb (if you ever saw
the footage of his interacting with his estranged son), is imo
the best example of
the evanescent item here under discussion :
the old man ~tries~
to
tell
the young squirt what
to do, but of course
the young'un knows better.
lobbes:
http://btcbase.org/log/2018-05-24#1817939 << I don't
think being
too
technical is necessarily a bad
thing, but my own issue with ben_vulpes' original was
that a)
too 'cheesy' b)
too much 'digging'
to unearth
the selling points. Conversely, I like how ave1's version is straight and
to
the point (e.g. bullet points of "why Pizarro" are front and center). Good skeleton imo
☝︎ mircea_popescu: mod6, as
they gain experience linking
things people learn not
to put punctuation marks after
the link >D
mod6: ooh, i see
the problem, I clicked
the link from his posting above, which my browser added
the '.' on
the end of
the .html -
this resulted in a 404.
mod6: ave1: Looks like you maybe
took your attempt at
the Pizarro landing page down?
mircea_popescu: you'd almost suspect, "whoa, now
that's a
thinking chick, best landing page ever, bet you she sells all
the pot she's
trying
to". except, of course, no such subtility or sophistication is ever
to be suspected online. she's genuinely just
https://preview.ibb.co/e6azd8/hurr.jpg -ing about.
Mocky: I enjoy it very much. It seems worthwhile i guess having something
to say.
mircea_popescu: some people even like
the engineer-spawned failures at commercial speech ; but seriously now, what
THE FUCK do
they do in highschool
these days ?!
the whole point of
the exercise, once
they gave up
teaching anyone anything back in
the 70s, was "you go
to hs
to learn how
to
talk
to girls and businessmen".
mircea_popescu: though i like how you gave up any hope of "what does
that mean, no approx" >D
a111: Logged on 2018-04-25 04:19 phf: pivo and pollo mexican russian fusion food odessa,
tx
Mocky: for noobs, what does
that mean, approx?
mircea_popescu: asciilifeform,
they have an automated escrow
thing, see. localbitcoins i mean. here : 1. people
tender offers ; 2. you close one ; 3.
they either cancel or mark it as satisfied ; 4. you check and either release payment or dispute 3.
mircea_popescu: well, nothing besides administrative overhead, of course, of course. some of
these are cancelled on
the spot, some end up disputed,
the whole ghostly dance of inexistent items
trying
to pretend
to existence.
mircea_popescu: nah, you lose nothing,
there's a green button "release bitcoin" you don't click.
a111: Logged on 2018-05-24 13:28 mircea_popescu: you can expect actual payments in your hand in 1
to 2 cases out of
ten
tries (defining a "try" as having initiated a
tx on localbitcoins -- which btw jumps randomly for unclear reasons), worth about 90% of
the lulsite price.