zzleeper

Expected inflation definitely affects bond values today

At a loss is kinda bullshit b/c that loss happened a long time ago, not when the sale happened

Well you are bailing out unsecured depositors who should have known what they were doing.

Off-topic but it really BAFFLES me why people don't pay more attention to FHLBs. It's like we don't learned anything from the last 10 crises...

Nope! I got a 2.0% mortgage in 2021 (no points or anything) and the bank then turned around and sold it to Freddie who paid them 1.7% (so the bank made a nice 0.3% just for originating the loan).

Then Freddie packed my loan and sold it to others for something likely to be below 1.7%...

And yet he is wrong!

They were stuck with assets earning <2% for 10+ years, meanwhile depositors were demanding higher returns (else they would put their money in other banks, in 6m tbills, 10yr treasuries, etc.. all of which paid a lot more).

And thus, "it's not a solvency issue as long as depositors are stupid and don't realize they can get more $$$ from other banks" ends up being quite misleading

I don't think this had much to do with the govt. This was a conf hosted by a random bank association and one of the speakers was a Fed governor. Fed had nothing to do with the setup, infra, etc.

This is amazing. I wonder if it's possible to integrate it with a static site generator (Hugo Jekyll pelican etc) so I can get the best of both worlds?

Yep. A consequence of decades of low inflation is that most people still think in nominal terms. Otherwise they would be calling out journalists for these silly hesdlines

I'm quite late to the thread, but has anyone found out a way to use QGIS programmatically?

For research you often want to write routines that you can re-run in the future (replicability, reproductibility, etc.) and it's very easy to do so with statistical software (Stata, R, even Py) but with QGIS I just have a README saying "click here, click there, etc.". Tried to wrap everything in a QGIS Python script once, but it was impossible as there was not a one-to-one translation between clicks and code.

And is the same guy who has been going into crazy conspiracy theories over the last ten years or so

I've switched away from Amazon. Used it since maybe 2006, and loved it back then, but as you say, garbage.

In contrast, most other online stores (the ones I use, selling their own good quality products, not wish/ali) are now a pleasure to use, with fast and very cheap shipping.

I'm not sure Bellevue or Moscow are that walkable. A walkable city is not just one where you can walk from A to B but where doing so is easy.

For instance, think about downtown Barcelona. You can go to a bakery one block away on foot, then to the supermarket on the way back, and have easy access to tram/bus/metro/bike in every other case. Sure, you often want to use the car, but for most cases it's not needed.

Within the US, maybe NY and parts of DC/Boston fit this... otherwise the lack of density makes it too inconvenient.

"EPIC THREAD" is 269 characters short of the limit... so yeah, 280 might not be enough to make nuanced arguments, but he was not even trying (and he is not known for making nuanced arguments, just for being a tantrum-prone narcissist)

> It appeared to many observers that Musk was mocking the Russian propaganda, he then made the mockery explicit later.

Saying "EPIC THREAD" is just his style of praising something, not mocking it. He had to add extra tweets to mock it five hours later because of the backslash.

I kinda hate that I'm "forced" to buy stupid TSLA stock just because, as a responsible adult, I put most of my investments in the SP500, and any alternative I could find that excludes firms I hate (FB, TSLA) has infinitely higher expense ratios :/

Sorry but what's his mastodon account? I can only see this stupid blocked message:

> Promotion of alternative social platforms policy

Would a so-called cbdc work? Get a bank account at the Fed that only gives you overnight rates (i.e. low but still higher than banks!), and only risk is sovereign risk.

Akin to the narrow banks proposals of a few years ago

Interesting. My weekend memory is not too notch, but I kinda recall that if something/someone owns more than 10% of a bank then it becomes it's high holder (top holder?) for ffiec/Frb purposes and then starts popping up in a lot of reports (y9c etc)

Lol is that the guy who say he feels like a gay Arab that was bullied in school because he was a red head?

Yes it does. Russia's goals was to force Europe's hand (Germany mostly) to certify NS2.

First, in Aug. Russia cuts NS1 to 20% citing supposed repairs: "Gazprom in July cut gas deliveries via NS1 to 20% of maximum capacity, citing turbine repair delays that it blamed on Western sanctions against Russia because of the war."

There, they say "oh hey but look you have NS2 so why don't you certify it".

Then, they turned it off completely:

"The state-controlled firm disclosed Friday flows on NS1 would be closed from Aug. 31 to Sept. 2 during scheduled maintenance on its only currently operating compressor at a key station, Portovaya CS."

Again, they say "well you can always use NS2". But when Europe didn't bite the bullet and surrender to their demands, they made it even more obvious that the only route for gas would be NS2, by blowing NS1.

If this was UK or US sabotage, they would have blown NS2 completely, while possibly leaving NS1 alone.

Links:

https://www.naturalgasintel.com/russias-gazprom-plans-3-day-...

https://www.naturalgasintel.com/russias-planned-shutdown-of-...

You know, they could easily go after both groups no?

We often feel we are in a XOR situation, but it's often easier for the govt to try to consistently enforce rules independently of the faces attached to the accused.

> Pyenv does not officially support Windows and does not work in Windows outside the Windows Subsystem for Linux.

I don't only use Win but I do use windows, so having to use different tooling makes pyenv a hard to swallow pill

From Wikipedia:

After a series of leaks at Tesla Motors in 2008, CEO Elon Musk reportedly sent slightly different versions of an e-mail to each employee in an attempt to reveal potential leakers. The e-mail was disguised as a request to employees to sign a new non-disclosure agreement. The plan was undermined when the company's general counsel forwarded his own unique version of the e-mail with the attached agreement. As a result, Musk's scheme was realized by employees who now had a safe copy to leak.[4

Wait what? Don't creditors get control of the company? Specially if the firm went down b/c of the actions of the current mgmt?

And still, Tether's market cap is many times higher than it was in 2017 or 2018... are investors just too stupid?

Same here; never heard of them and aren't even in the list in coingecko: https://www.coingecko.com/en/exchanges

Note that treasury bills (and more so treasury bonds) have taken a beating with the increase in interest rates... so I wouldn't be surprised if they lost quite a bit there.

Imagine firms having their own stocks in their books (not for options grants but for themselves). That's complete insanity, but in crypto is just a random Thursday...

Only now? Ever since the pedo scandal he has looked as either extremely narcissist or just unhinged...