113 karma · joined June 6, 2023
With an environment that seems to be continually warming and becoming more hostile, going underground will probably become a natural defense that humans will take as we retreat from the harsh heat, wildfires, etc.
There is an extreme lack of sense of humor around these parts.
I lol'd, and thank you for that.
Was sorely disappointed.
U.S. currency production is funded by the federal budget, supported by taxpayer dollars, and offset by seigniorage revenue.
The cost of producing the U.S. penny, exceeds its face value.
The GOVT. explain that this loss is recovered through the concept of seigniorage.
Seigniorage is the difference between the face value of money and the cost to produce it.
For the U.S. Mint, which produces the penny, the overall profit comes from the entire spectrum of coin production, not just the penny. Since our penny results in a loss, other denominations like dimes, and quarters, are produced at a cost lower than their face value, generating profit. So this profit helps offset the losses from penny production. So the overall seigniorage generated from the other denominations theoretically covers the cost of producing a negative value coin.
Why is nobody asking this question??
It seems like that should be a substantial part of the story.
While I am aware that Cartomancy might not really fit in around here, this project involved mixing some emergent LLM/AI technology (GPT3.5) that interested me greatly, with a minimalistic Next.js frontend and a simple Flask backend. Nothing too fancy.
I figured it might be fun for a few laughs or a quick break from your day-job.
Hate it? Love it? See room for improvements?
Let me know what you think!