sleepingadmin

>okay so this is an unlawful protest that has a detrimental impact on residents, the environment, and local business.

Could you elaborate on what makes the protest unlawful? https://en.wikipedia.org/wiki/Freedom_of_assembly

If all it takes to invalidate this human right is a couple agent provocateur's causing some violence. Then protesting is essentially illegal for everyone. That's not how it works. Which is also why the ottawa police are backing off and saying the military has to do it. The military backed off saying nope.exe.

>Can someone explain to me why this is tolerated and why these people are not simply being arrested?

It's a peaceful protest that has every right to exist.

>What it reminds me of is that 2014 standoff with the Bundy family on federal land in the US or farmers in France. Some groups can just do whatever they want apparently.

https://notthebee.com/article/come-and-laugh-with-me-at-the-...

Many great videos on there that make it abundantly clear that the media has quite falsely mislabeled this lawful protest. If I might make a suggestion, analyze your media source's bias. You seem to be listening to the yellow journalism.

>n what world is this a working class uprising? It has no meaningful ties to any labour movement,

I see it as a working class uprising. Trudeau called them a 'fringe minority' but such a minority also requires the military to remove them? They also need their funds frozen?

>and it’s stated goal seems to be to force Trudeau to over rule provincial — not federal — mask mandates. All because this disorganized, disruptive and aimless rabble believe wearing a piece of cloth on your face is the deeply offensive and tyrannical.

Mask manadates have been ongoing for 2 years. What's new is that on Jan 15th Canada's federal government made vaccination mandatory for truckers. Provinces are powerless here, CBSA is entirely federal. CBSA will be enforcing this rule mostly at the border.

So truckers who never even cross the border are still potentially subject to proving they are vaccinated. Though that's far less probable and on top of that a high percentage of truckers are fully vax.

>What gets me is the way that people will see a picture of a swastika and immediately brand everyone involved as a racist,

There's actually pretty large bounty to identify the person who was holding that nazi flag. The assertion is that this was not one of the protesters at all. Afterall the trucker convoy is quite diverse given so many truckers are Indian.

The CBC has been caught creating propaganda so many times: https://www.mississauga.com/news-story/7081133-opp-shuts-dow...

My favourite is this one: https://www.cbc.ca/news/canada/north/dear-qallunaat-white-pe...

Don't worry, the CBC clears says "racism against white people does not exist" right on that page. CBC is on the record they don't hire white people anymore: https://nationalpost.com/news/canada/cbc-no-caucasian

>It’s any woman with a decent profile online - a year or two ago a bunch of women in the tech space posted the Twitter DMs they received every day for a week or so - a tsunami of crap saying they’re ugly, they’re stupid, they’re going to be raped/killed etc.

I dont wish to disregard this possibility that a visible female on the internet may be mistreated. Absolutely the case I can see this. However, this political activist provocateur very clearly is sticking their nose deep into the hornets nest. Their experience is certainly not even close to being representative of 'women on the internet'

>She didn’t say that, but did post screenshots of a bunch of slurs based on her surname.

She did say this. Her story literally starts how she meets a 'white supremacist expert' in person. Which is not a thing in reality, she's either stupid and was being mocked or the story is just fabricated. Which is my take on it in OP. She's clearly just faking much of it.

>concurrency issues, latency issues, poor database schemas, scaling issues, there's a lot of reasons internet scale things can grind to a halt.

With such a budget, you can solve these problems within 8 years.

I would bet my net worth that you(anonymous HN account 'newacc9') could have solved these problems in 8 years. You might even need to have gone to university and gotten a compsci degree to learn about all these things and still have had over 4 years to solve it.

I feel like it cant be a technical thing.

>I think the problem was/is feature creep. I've been following the game since the original pitch, but never bought into it.

I feel that comes into the waterfall vs agile. Even with extreme levels of feature creep, it would have delivered already.

> The original pitch changed incredibly quickly due to how much money they got, and it seemed like that changing scope never really slowed down. Every time I would check in on it, it would seem like they were promising large new features every 6 months, or in some cases what seemed like entire games (their online multiplayer FPS).

When I consider Ludum Dare, people make working basic video games in a weekend. You can tack on features later, improve things here and there. You might have technical debt that needs repairing as you go but being 8 years past the deadline this can't explain it. It's too much time.

If I was alone and started building star citizen back in 2010. I would have delivered something...

Star Citizen upsets me. It's in theory the video game I want, but never pre-order something like this. It should have been out in 2014. Here it is 8 years overdue.

Don't care what the budget was or anything. The most AAA of games can be produced in less than that time. It's very obvious it's not coming. So sad.

What makes me still curious about star citizen is why? Money was obviously not the problem. You can't blame software development framework. Waterfall vs agile doesn't matter. The least efficient processes would have delivered now. Even deadly things like micromanagement cannot be the cause because eventually you would deliver. I also suspect it's not a scam, there are employees there.

So what exactly was the failure? What exactly would cause them to never deliver?

>We can't allow for individualism... what you want is people who are positive, can do, and want to work as a team, not always trying to go 'This won't work' or 'It's about me'. - Roberts

>The race isn't finished yet. Wait till the finish line is crossed and then I'll say people can make judgements about whether it was the right way or not. - Roberts

So let's make it clear here. We can make the judgement. It didn't work. Those devs were right.

Chris Roberts most likely pushed out or fired those people who said 'this wont work' and better yet created a toxic work environment where people who were left couldn't speak up and say it wouldn't work. His toxic culture creates incompetence. The blame obvious lay entirely at the feet of Chris Roberts.

>And imagine that once groups hit a critical mass, they also start to gather physically. And it's no longer just thoughts, but physical actions, encouraged by the entire group.

Martin Luther of Christianity's Lutheranism. https://en.wikipedia.org/wiki/Martin_Luther_and_antisemitism

He was German and went on the influence people for centuries to come which inevitably formed the Nazi's objectives. Though obviously taking 400 years to do so, obviously Lutheranism is a thing that still exists today.

What's being described is really akin to: https://en.wikipedia.org/wiki/Zeitgeist

The irony is that censorship works in reverse. It inflames the zeitgeist and makes it stronger. This is why racist words like hate speech isn't a problem. That freedom of speech rights cannot include exceptions for hate speech.

What's a racist term for white people that you absolutely cannot say? There are tons of ethnic slurs against white people but there isn't really 1 you aren't allowed to say. There isn't really any super harmful slurs against white people.

What's a racist term for black people that you absolutely cannot say? Oh ya there's many here. The N word is an obvious first choice. However, it's the censorship and disallowance of saying the word that gives it the power. So as long as there are people who disallow the use of the N word, the racism continues. Want to end racism against black people? Stop trying to stop it.

Moreover, I'm pretty sure people know this. I find that the people who are most opposed to racism are often the most racist. They are doing this to continue racism. The only way forward to end racism is to drop the subject altogether.

Absolutely not. Painting a political activist provocateur's experience online as representative of how women are treated online is ridiculous at best. No, that's called kicking the hornet's nest and then getting stung.

Her story... She's at a party and doesn't know anyone but happens to be sitting next to someone who is an expert in white supremacy, who knows her extensively including her work, and is aware of criticism of her work? This story is swiss cheese at best. Clearly a fabricated story that's casting shadow on the rest of the story. Then again the rest of the story is nothing but anonymous comments from random open forums on the internet? There's no credibility here.

Why is literally everyone is made out to be white supremacists? If you live in a world where everyone around you is a white supremacist; you're either a white supremacist or you have done something to create it. I'm leaning toward the author being a white supremacist. Hence why the white supremacist expert knew her so well.

An upcoming project of mine is to setup magic mirror: https://magicmirror.builders/

Then start moving my other stuff onto the rpi as well like pihole for example.

I wonder if RPI has a zigbee module or similar for automation. It doesn't seem like it? Anyone ever find anything like that?

>This has interesting implications for the events of the past 2 years in general given how little power any of the levels of Government had to prevent protests from interrupting their exercise of power and monopoly on force.

Part of why so many people disbelieve Covid is because there was massive protests worldwide. Yellow vests in France, Farmers in the Netherlands and india, BLM in USA. But most relevant...

https://en.wikipedia.org/wiki/2019%E2%80%932020_Hong_Kong_pr...

China marched in and took over Hong Kong. They'll never have another free election. The coincidence that COVID leaked out of a lab at basically the same time is pretty improbable.

I feel like throwing it in their face that lots of recruiters reach out to you is unnecessary.

I also suspect asking for company name will scare off most recruiters because if you go around them, they dont get paid.

They do say keep interviewing to keep the skill sharp. So perhaps there is something to be said here.

Here's the one I got today, when I try to reply it just says 'you're replying to a mailing list' so really I'm nobody to this one.

>I am reaching out to see if you would be interested in exploring Executive Level opportunities. >I have reviewed your LinkedIn profile and found your skills and experience to be impressive and relevant to the job position.

>If you are interested in learning more about our company and the position, we would love to set up a quick phone call. We would be pleased to answer any questions you may have and give you all the details about the job.

>Please reply to this email with an updated copy of your resume.

There's no way he 'reviewed my linkedin' while also just mailing list form. In fact if I look at it. The mailing form only really has $FIRSTNAME and that's about as much effort as they put in.

Yet they want me to produce an updated resume and join a quick call? Oh man that's asking.

>How many of these claims had the support of thousands of reputable scientists backed up by uncountable studies?

Virtually all of them? These are often still claims made today. The common retort to this is to say 'See how dire it has been for decades!'

>What you are linking are individual studies or ancient history,

Lets take John Stossel for example, he made the counter claim that we have not had an increase in severity to hurricanes and other similar weather. He got fact checked as false. So absolutely not ancient history.

>not the aggregate of research which says that climate change

Let's get each other back on the same page. I do not deny climate change. I deny the alarmism. The claims like this: https://www.cnn.com/2020/01/13/world/climate-change-oceans-h...

5 hiroshima nuclear bombs a second! Except that claim is also true during the coldest day of the last ice age because that energy equivalency is coming from the sun.

>uman encroachment are causing oceans to rise, species to disappear, top soil to disappear, fish stocks to dwindle, and the air we breath and water we drink to become increasingly polluted.

Humans aren't causing the oceans to rise. https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/images/119/...

The sea levels greatly increased about 7000-8000 years ago. Most likely this is the source of stories like Noahs ark and atlantis going under water. From about 6000 years ago to today it has risen at exactly the same rate. In fact Al Gore's false claim that florida would be under water was in part due to 'icecaps melting' as well as that standard rate of rise. Yet despite the icecaps melting Florida remains...

Species disappearing is a concern to be sure. Not really climate change related at all. Human sprawl and destruction of natural habitats is a problem. We should do more about this.

Top soil disappearing is a gigantic problem. Like beyond immense. I have researched extensively around regenerative farming, vertical farming, aquaponics. Here's the thing... climate change is actually helping in for this problem. This problem is entirely being caused by immoral farming. We must greatly increase the amount of animal farming is occurring. Get back to pasture raised animals.

Fish stocks are another big concern of mine as a hobby fisherman. This is entirely due to commercial over fishing. We should do something about this. However blaming climate change for this is missing the target.

>. Salon, Breitbart, The Guardian, Forbes, Al Gore, Oprah, Snopes and the Independent you linked are not reliable sources.

Are you asserting climate change proponents didnt make these claims in history? That would be a fallacy.

The homesteading movement is about the very obvious civilization problem that's about to hit.

https://www.cargill.com/story/the-worlds-farmers-are-aging-r...

Nobody wants to be a farmer anymore because of government policies that not only attack farmers, but also spread misinformation against farming.

In the near future, maybe 3-5 years we're going to be forced to spend money as taxpayers to create farmers. The problem is... we've done this before in other industries and it made things worse. There's a 0% chance this will work for farming.

This is set in stone just from a country average. The number of boomer retirees cannot be displaced with workers. Afterall child labour laws etc. Which means we've known about this worker shortage for ~15 years now.

Germany(-4%), Russia(-5%), and South Korea(-6%) are already impacted by this worker shortage. Canada(3%) and Japan(3%) are right on the cusp of starting the problem. The USA, UK, Italy, Spain, France will be a little bit more.

If we do nothing, Germany will be -23%, Russia will be -24%, Canada -11%, South Korea -26%. USA is projected to basically just stave off worker shortage.

You might ask, 'but isnt that happening now' LOL no, not even close. What we need to do, and what Canada is doing. We are basically letting in any immigrants at all. ~400,000 per year. We have a province, PEI which has 140,000 people. We are bringing in multiple provinces worth of people every year to help stave off the worker shortage.

So you know what the homesteading movement is about? It's about creating farmers. You were manipulated.

My recommendation, figure out how to make it easy/automated. Vertical farming, aquaponics, whatever.

>Wouldn't it be best to act as if it's fact, even without definitive evidence one way or another? Otherwise it's like deciding to not drive cautiously on a mountain road because your GPS isn't sure if there's a sharp turn ahead.

Because since basically forever, people have been claiming doomsday based on nothing. Mayan calendar!

Obviously this is climate change related so lets just stick with climate change doomsdays.

~1969, The UK won't exist in 2000 ~1970, food and water rationing by 1980s ~1975, new ice age upon us. ~1988, NYC under water in the 2000s: https://web.archive.org/web/20110202162233/https://www.salon... ~1989, entire nations wiped off the planet by global warming: https://www.snopes.com/fact-check/nations-vanish-global-warm... ~2000, snowfall a thing of the past: https://web.archive.org/web/20150912124604/http://www.indepe...

Might I interject, I have 30cm of snow coming in the next couple days. Mmmm Canada.

~2005, 50 million climate change refugees by 2010: https://www.theguardian.com/environment/2005/oct/12/naturald... ~2006, Super hurricanes! https://www.breitbart.com/the-media/2015/06/01/media-fail-no...

Lets just look at that last one. The rationalization seems sound. So much more energy in the oceans would seem to suggest it would give more power to hurricanes. but the exact opposite of the prediction happened.

~2006, inconvenient truth by al gore? Except the title it a lie. Virtually every one of his claims have been falsified now. https://www.oprah.com/g/image-resizer?width=670&link=http://...

Yes that's al gore in the inconvenient truth predicting florida significantly under water, years ago.

What is the motivation behind Al gore's false claims?

https://www.forbes.com/sites/jeffmcmahon/2015/12/03/al-gore-...

Al Gore invested $ in renewables, he will profit greatly when we switch over. However, as an evangelist, he may be exagerating the doom and gloom a lot.

No need to go into the debate about veganism. 90% of Canada is unused and owned by the queen. Lets say we take even 10% more. The queen can keep 80%. That 10% is now going to be a giant vertical factory farm, fully automated. Our robot farmers produce more food than the earth can consume. World hunger ends and everyone who used to farm and such can go do something else. Perhaps those people learn to produce meats artificially. That gets automated and we're good. Every human on earth eats as much as they please and can go work on more important issues.

Certainly exists and I have setup this for various blind people who make due. Unfortunately dont recall what it was exactly but they bought it and all that.

The thing about voice is how weak it is. Even if you've well trained it and you speak well, which i don't. It wont be as good as a keyboard.

Putting work into voice like this for productivity is pointless. Any effort is best placed in brain computer interfaces. Hopefully not surgically required, like neurolink is doing. More of a headset like Valve and openbci is doing.

Lets just wear a headset and work, keyboards can just be there in case you need them.

>Very few people defend rioting as a justified political action.

I'll do it.

All political riots are just. The answer is if the rioters will gain anything.

The primary thing that government represents is a monopoly on violence. When violence is an option, society doesn't function.

Their entire goal is to stop any and all violence. Military is about stopping violence outside the borders. Many levels of 'law enforcement' to stop violence inside the borders.

A riot signifies the fall of said government. Their obligation is to stop the riot and violence but failure to do so means they must address.

Minneapolis is a great example here. Stores were on fire by rioters. When george floyd died on video, the current government fell. They were unable to stop violence and therefore no longer represented the people. They however said lots of things like defund the police. However, the government in which ends the violence will be the new government. Minneapolis justly is in anarchy right now. The recent election is not real. Aboliting the police didnt even pass. If it did, they wouldn't even have a small chance of ever reforming the government.

The justice is that clearly the police force in minneapolis is racist and is very clearly commit police brutality. Said government that allows if not encourages this behaviour must fall. Trust is the police force doesn't exist.

https://en.wikipedia.org/wiki/Jacob_Frey

This guy is the mayor just about as much https://en.wikipedia.org/wiki/Juan_Guaid%C3%B3 is president of venezuela. He's not. In fact the longer than Jacob Frey pretends to be mayor, the worse it becomes for minneapolis. The irony of it all, the rioters dont understand any of the above. They called for defunding of the police but have achieved nothing.

If these rioters understood this and adjusted their worthless tactics of forming their own law enforcement and displace the current government. March all your people up to the capital and take ownership over the municipality. The current police can't do anything at all to prevent this.

Imagine you live in a country where there is no democracy. The easiest and most likely thing to happen will be said government pretending there is democracy.

"The people who cast the votes decide nothing. The people who count the votes decide everything." - Stalin.

So even if you believe you live under democracy. You may not.

In this case, OP's FPV discovered he doesn't live under democracy. Obviously this is just local election, which is often more powerful and more corrupt than a larger government.

You now have to hope that the corrupt non-democractic government allows you? lol good luck.

It's illegal in many countries to advertise for investments like this.

So for example in the USA: https://www.law.cornell.edu/cfr/text/17/230.502

You can't advertise, in fact much of this 'kickstarter for investment' would be virtually blank by law. You would have to pre-screen and qualify each investor on your own. Nobody would be interested in investing this way.

Very long history on why this is important and why virtually all countries with an exchange do this.

Want to pivot your idea? Create "uber plumber' or 'uber electrician' or 'uber handyman' where you can basically request an electrician and electricians can join up and get jobs easily like an uber eats.

>This is totally lost on me. Why? I don't see how any of the issues with UBI are accounting based.

So lets go back to what happens. Places like Switzerland or Germany have a labour participation rate of ~80%. So if you implemented UBI there. The 20% of people who were earning nothing or at most were on government services, now get a pay cheque. This will be by definition inflationary; but with such high labour rates and removal of those other services. The actual inflationary factor will be manageable. The probability of social movement increases obviously. So their participation rate near the beginning will drop.

The USA on the otherhand has about 60% participation rate and their government services are poor compared to the rest of the world. They in turn have made their military their welfare system. So if UBI implemented. Nearly have the country would be paying the other half of the country to sit at home.

What happened with covid? Less than 10% of people got cheques and we got >40% inflation eventually in the USA. So we can do the math. For a year or 2 of UBI at around 50% is more than 5x worse. So the USA would be looking at >200% inflation.

The army of accountants would be needed to make that 100x less.

>We already can spend money we don't have in the short term so nothing prevents transfer payments of any size in a purely logistical sense.

It's abundantly clear that isn't true. Hence the out of control every market and sky high inflation. That debt ceiling sure is hitting lots of heads lately for the USA.

>The issues with UBI are regressive redistribution, long term effects on the labor market, and long term effects on the currency. None of those are accounting issues.

Oh I completely agree those are concerns as well. The approach I have in mind is that if you manage it from the economic point of view, these longer term issues will be addressable at a later time. The entire welfare system would have to die. illegal immigration becomes far less of a problem. UBI would be only for citizens. The tax system could no longer be progressive.

UBI appears on face impractical or impossible. However, with said 'army of accountants' you could likely design something that works and possibly even beneficial. bviously a ton of work needed here.

>As an argentine this is a spot on summary. We are in a shitty situation and things are just gonna wet worse

Do you feel the elections are fair? Mandatory voting is a thing eh? Yet still just a 2 party system?

https://en.wikipedia.org/wiki/Republican_Proposal#Economic_i...

Like they are obviously proposing some good options, but they didnt do anything near necessary between 2015 and 2019 and then lost the next election?

Is there any talks of revolution? Probably would have the be violent. Frankly a worse situation than the seemingly ineffective government you have.

If I were to make a suggestion, the world is large. You can move to a country that isn't going to be so broken for the foreseeable future. The move will be painful, but its an investment in yourself and your family.

https://www.canada.ca/en/immigration-refugees-citizenship/ca...

I'm Canadian, but we have a large economic immigration system. You're obviously a tech and know english. You're likely going to be approved quickly.

Because of our relationship with World War 2, we have a worker shortage of 2030 going to hurt us badly. We need people to fill that hole.

>Just an FYI, the government at that time (which is the current government) fudged the official inflation numbers to pay less interest and to say there was no inflation, so if your inflation numbers are from official sources for that period, they are not true, inflation increased every year since 2002.

From the numbers it doesn't suggest Greece levels of fudging. There was a few cases where it looke suspicious to be sure. Given the constant dipping into recession. They probably couldn't fudge it as muchas they please.

I don't know the answer, I never invest in south america so I haven't really checked. So let's look together.

Inflation seems to have been a problem since around 2002. From 2006 to 2015 it was kind of stable but bad. The currency then dropped out.

GDP across that entire period seems collapsed. They constantly are dipping into recessions. Their manufacturing industry seems to be in decline since ~2012. Agriculture is suspiciously flat. Mining is in decline for that entire period. Seems to be whole economy collapse to me.

Labour participation rate is steady around 45% suggesting not much tinkering with employment numbers. Which looks also steady about 42%. Unemployment is pretty steady from about 2006 to present around 6-8%. So their productivity is poor. They'll very likely always be a second world country. What a sad outlook.

Central bank balance sheets are all the rave, they only go back to 2012. It looks as bad as any other country as of late.

Money supply is sky high. They probably have ~300-600% inflation locked in here. Holy.

Interest rates are in the 40-80% ranges? But real yields are negative for sure. You cant save a dime in this environment.

Balance of trade is good since 2019 or so, but that probably lines up well with collapse of their economy. Probably means poverty on the rise bigtime? Otherwise has been bad for years and has been in decline in scope.

Tourism died long before covid. Roughly in 2016 something happened to kill their tourism industry.

Government credit rating is trash. Yet government debt is rising.

Argentina's military spending had been bad since the 1990s.

No surprise to see their economic competitiveness is nearly lowest ranked in the world.

household debt to gdp? Argentina has no household debt? You cant get a mortgage at 40%+ interest rates. Therefore you cant have debt. Their people have no debt and they are sitll in collapse?

Corporate tax rate is recently down from an outrageous 35% to a slightly less outrageous 25%. Personal tax is 35%, Sales tax at 21%. So a total tax burden of easily well over 80%. Argentinian people work for the government at least 80% of the year. Does the government provide 80% back in services and goods? I highly doubt that very much.

Since the problem has been ongoing so long. Politically it can't be solved. I must admit I know nothing about their politicians but if I were to shoot from the hip, their current leadership is not ideologically aligned with fixing it.

So easy prediction without crystal ball? They have at least 3 more years of absolute collapse. We're talking probably 20% of people will enter poverty before this ends. It's going to be very bad for the argentinian folks.

>Fortunately, lately I don't see any new article from the USA praising MMT.

UBI certainly died as a subject as well. The "basic income" benefits wasn't even universal and exactly what everyone said would happen has happened.

I still think a fiscal conservative with an army of accountants could figure out UBI and make it work. Effectively it would greatly punish anyone who works under the table.

>“We don’t have a misinformation problem,” Larson said. “We have a trust problem.”

How much 'misinformation' ended up being true? Some things very rapidly was labelled misinformation.

How much 'truth' ended up being misinformation?

Let's say hypothetically covid disappears and a new virus starts spreading that is actually as bad as the spanish flu. The consequences of all the lying by politicians means we're nowhere near prepared for it.

>Is -0.1% deflation really that disastrous for economies? Is it really worse than 10% inflation?

Yes, it has to do with how people react. Japan has been fighting it for awhile now.

http://honesteconomics.com/history/japan-and-deflation/

Japan has many problems. Their immense debt basically requires them to have a total tax burden of ~95%. That is to say, you work for the government for the entire year and you dont even get anything for it. They are just paying the interest payments on their debt and dont get services from their government.

Then you have the real factor that as boomers leave the workforce. There isnt enough people to replace them.

The only thing that seems to be keeping Japan afloat is their government owned slaves. Their judicial system still has forced labour and also a 99% conviction rate. Get accused of a crime and you're going to be producing goods for japanese companies. There's also the "technical intern training" which basically enslaves non-citizens and traps them in these jobs for life. The numbers are extremely suspect as well. The number of goods produced and recorded by big entities like their automotive industry or electronics like Sony couldn't possibly have been produced by the these government slaves. Makes you wonder where the forced labour camps are that aren't making it into the numbers.

>I've never experienced it, so can't speak too authoritatively, but it kind of feels like accepted wisdom in the economic academia: so it isn't questioned - but a lot of economics is propaganda for the powerful, IMO - would minor deflation really hurt the common man significantly? Or would it mostly just punish the rich and powerful who are extremely leveraged?

This derives from the fractional banking system. Basically a bank will lend out $20 for every $1 it has. That is to say if they have a 20:1 ratio. The central bank manages this ratio.

The idea is that in a deflationary environment, you kind of break the fractional reality. Interest rates would be bottom or negative. So you are giving money away AND deflating which means the people you give money to can just hold the free money and make money? Who wouldn't jump at such a wonderful thing?

You can see this happening. Germany's 10 year bond right now is -0.065%. So you buy that bond and the person lending you money has to give you 0.065% per year? for 10 years? LOL? Japan is positive at 0.14% but has been awfully negative lately. Obviously Japan/Germany are worse off because they were the losers of WW2. The boomers retiring harms them the most.

To avoid deflation, they are giving away free debt. Why? Debt is money. For every $ that exists, it's just debt. That's the fractional banking system.

Oh and here's the real kicker. https://medium.com/navigating-life/we-just-went-from-fractio...

The USA on March 26, 2020 eliminated the fractional banking ratio. They can lend out $1000 per $1 if they so please. What a disaster.

>Since you seem quite interested in learning economic fundamentals, I highly recommend you check out the Moody's Talks Inside Economics podcast [0].

Sweet thanks or the recommendation!

>One topic they have discussed with fair regularity lately is the current inflation rate. They point out that you can tease out what factors contribute to that 7% inflation number, and once you subtract out 2-3 specific components, components that – with some inductive reasoning – we have good reason to believe are transitory in nature, the inflation number that applies to the broad majority of fundamentals is actually closer to the fed's 2% target.

That's kind of the complicated thing about these metrics. CPI is often criticized because they already ignore beyond important factors. Like Housing isnt included in CPI? That sure makes CPI a much lower value measurement.

Then people continue to cut out of CPI and oh look we're at 2%? No, we're not. The actual 7% is already too low, the actual number is most likely higher.

>I'm not an expert in this area and I don't grok the economics on a deep enough level to be able to reproduce their argument in situ here, but their case that the fed's strategy of holding steady is in fact the most responsible thing to do to achieve that 2% target.

The Fed in the USA is politically handcuffed and they understand what's happening. There's a geopolitical approach going on, there's a boomer retirement going on, pandemic. lots of factors.

>I disagree, we are having inflation because of supply bottlenecks, not because of demand. Raising interest rates would only make it harder for companies to get finances to ensure supply chains meet demand.

Certainly an interesting take. Not unlike this read from somewhat recent. So you're in good company with your position.

https://research.stlouisfed.org/publications/economic-synops...

Mind you, basically everyone and their mother has announced new semiconductor fabs. Intel in Ohio recently for example.

I am curious if these are confounding factors. Maybe they will all play against each other. In terms of the 40% inflation locked in. This has nothing to do with supply chain at all. This is private debt to GDP being 235% in the USA. This is the central bank balance sheet being 8 trillion $ in the negative. This is the money supply being 7 trillion in the negative. Pretty standard Quantity Theory of Money

Supply chain isn't a factor yet, this is ~40% inflation locked in. Now if you consider supply chain struggles. It only exacerbates and makes the situation worse.

>That's if you even believe raising interest rates stops inflation. The correlation between interest rates and inflation over the last 40 years is pretty nil.

The correlation has been weaker because they are using these other options to affect macroeconomics. The central banks are beyond bankrupt, but there is no bankruptcy system for them. So instead of fixing the debt situation, you run inflation high and technically you reduce your debt at the expense of those who are holding currency. Primarily retirees are those who are harmed.

>People rarely compare it directly to something like a "Real Food" diet - they go from a lot of processed crap to mostly non processed stuff on the outside of the grocery store and then see huge benefits. But I suspect if they just switched to a Real Food diet in the first place they would see most of the same benefits.

Keto is a very wide category that really only means restricting your carbs to 30g/day or so. You can be real-food keto and real-food not-keto.

You can be keto vegan, you can be keto carnivore. Well, all carnivores are keto. In fact the studies in the last couple years, tend to all show that effectively being keto is what matters.

The jury is still out on why it works. As you said, we've been eating tubers for eons. So why suddenly in the last ~75 years or less has it become such a problem? Perservatives, glyphosate, GMOs? Everyone seems pretty clear that our food has become toxic in some way. Lots of different approaches that eliminate grains and seed oils and drastically improve your situation. We haven't figured out what exactly is doing it.

>I think we all know that the average person in the west is likely not eating nearly enough of these prebiotics and in addition many have other digestion issues as well. There is a reason scientists call them ESSENTIAL fatty acids and not "kinda sorta important" fatty acids.

The funny thing to me, we have people effectively going 'real food' afterall a carnivore is also 'real food' but vegans are doing the same thing, but different direction on 1 spectrum and seeing the benefits as well.

The huge problem... economies collapse if we fix whatever it is. If you go to your local grocery store and throw out everything that isn't 'real food'. The grocery store becomes empty. Fast food places shut down. That's a pretty significant portion of our society who no longer work or anything. What are they to do? We can't fix the problem.