

Just like everyone is quitting facebook, ChatGPT, and all the other things people are boycotting that seem to never have anything happen to them.


Just like everyone is quitting facebook, ChatGPT, and all the other things people are boycotting that seem to never have anything happen to them.
I do think QE and artificially low interest rates do lead to riskier stocks and commodity like Bitcoin doing better, where growth greatly outpaces value stocks.
Which I think this is a continuation of the Covid stimulus, and its up to economic gravity as to whether there is a debt bubble that will pop leading to a dramatic fall in money supply. I’m pretty sure we’re roughly saying the same thing.
Gold is also just digging something up and then re-burying it. If it hasnt replaced fiat then why are people buying it, why has it been going up 100% a year recently when theres no new industrial demand for it?
Its fine to not hold it, but all finite assets have some intrinsic value, because fiat keeps pumping via new debt issuance, which is inevitably debased. Like it was during Covid, or 2008, or 2001, etc…
Crypto has a higher volatility, but can have a higher return, and is more closer correlated to the Nasdaq; like all assets its generally efficiently priced. I’d say its closer to TQQQ than it is to VT or gold, which may be suitable for 1-10% of a portfolio depending on goals and risk tolerance. If they drop interest rates quickly to pump the stockmarket TQQQ and Bitcoin would likely both rise dramatically.
Our whole economy is geared to consume resources, we have inflation targeting to prevent aggregate demand and prices from ever falling. If you want to lower consumption need hard currency, the cheap cash that the AI’s are riding on now is most likely still Covid stimulus and QE.
It was a simpler time… 2006.
Lets see a standard problem I’m randomly making up using a free AI, you tell me if this kind of thing can be useful to someone:
If I have a bucket that is 1 meter tall and 1 meter wide how much volume can it hold?
The volume V of a cylinder can be calculated using the formula:
V=πr2h
Where:
r is the radius, h is the height.
In this case, the bucket is 1 meter tall and 1 meter wide, which means the diameter is 1 meter. Therefore, the radius r is:
r=21 meter=0.5 meters
Now substituting the values into the volume formula:
V=π(0.5m)2(1m) V=π(0.25m2)(1m) V≈0.7854m3
Thus, the volume the bucket can hold is approximately 0.785 cubic meters.


Well another argument they have is the amount of waste that comes with the churn of fiat currency, where we inflate asset values in order to deliberately grow aggregate demand.
The housing bubble for instance was obviously cheap debt, which was used to grow aggregate consumption, by rewarding asset holders thus encouraging them to offload their asset to increase the velocity of money.
On the gold standard the average mortgage was 7 years, which was because there was less need to grow the money supply, because we werent trying to force an inflation target. Massive windfalls werent common, and thus housing wasnt being bid up via the cantillon effect, so was better for society in many ways when consumption wasnt being forced onto people.
You’re really breaking the shitting on AI vibe when you make it sound like the height of human capacity and ingenuity. Can I just call it slop and go back to eating glue?
Blockchains in an age of Trump choosing a new Fed chair after trying to have Powell arrested.
Trust your government over software and cryptography, which has no basis in reality outside of the laws of physics and mathematics.
Same with the internet. Fuels billionaires, destroys the environment with data centers and cables, kills libraries and textbook research, spreads nazi propaganda. We need to stop using technology in general.
The name of those tears? Albert Einstein.
Now you can laugh about politically correct jokes, like if you have a lamp why do you need shade?
The world is my safe space.


I’ve used and and it seems like full self driving. Maybe that’s why it keeps killing people.


Only for privacy and anonymity, companies like Google and Microsoft will do fabulously however. Who donates to him I wonder.


Explain like I’m five?
Id love to be as angry as you are.
I did post this Bernie Sanders videos once:
https://m.youtube.com/watch?v=vf-k6qOfXz0
Because I like unions, low housing prices, and an effective minimum wage that isn’t eroded or bypassed by illegal workers.


The CEO gets a bonus if he increases the stocks value. They dont care if its actually profitable, as long as they get paid before it fails.
Youre a nazi. Fuck nazis.
There I did it. Hopefully a nazi comes to my trap.
The nazis are the ones defending a non-sequitur?
I really dont get it. Am I the nazi in this joke?
Perhaps your right, though the AI also allows natural language or voice, and further explanations.
Its also eroding all the bullshit we used to do, like cover letters and things that had no reason to exist besides wasting someones time.