mephiska

joined 10 months ago
[–] [email protected] 6 points 23 hours ago (1 children)

tell me you're mid 40's without telling me.

[–] [email protected] 5 points 1 day ago (1 children)

How dense can you possibly be? It's right there in the link. The New York Times has been habitually normalizing the incoherent nonsense that trump says by completely rewriting his statements to be more coherent.

[–] [email protected] 6 points 1 week ago

Analogue continuously limits production and comes out with all these higher priced "limited edition" versions to try to drive up sales and create a false sense of scarcity for their products. It's a pretty scummy business tactic.

[–] [email protected] 7 points 4 weeks ago (1 children)

Are you sure you have the reset rate set correctly on your video card? The difference between 75hz and 160hz is very clear just by moving your mouse cursor around. Age shouldn't have anything to do with it.

[–] [email protected] 1 points 1 month ago (1 children)

The fed and it's balance sheet is independent from the treasury and it creates and destroys money at will. Where do you think all that Quantitative Easing money came from? It wasn't an act of congress to allocate the cash, it wasn't the treasury issuing bonds. What happens to the money the fed receives when the QE bonds it's holding mature? If the fed doesn't reinvest it, that money is effectively removed from the money supply. The fed doesn't issue anything when it creates currency. It's all accounting.

[–] [email protected] 1 points 1 month ago (3 children)

None of that really matters because the fed doesn't mark to market, and losses the fed takes doesn't matter. If anything the current situation means the fed isn't giving it's "profit" to the treasury anymore. It can eat losses because the cash account on the fed balance sheet might as well be an infinity symbol.

[–] [email protected] 4 points 1 month ago (5 children)

It's not a "stealth bailout." This is the result of the fed owning long maturity assets bought when rates were low, while the fed is now paying higher interest on the overnight bank deposits to keep rates high to control inflation. In 2018 this was predicted to happen if rates needed to be raised (ie to control inflation).

Here is the actual context for that chart

https://www.stlouisfed.org/on-the-economy/2023/nov/fed-remittances-treasury-explaining-deferred-asset

[–] [email protected] 11 points 9 months ago* (last edited 9 months ago)

I always figured these politician written books were just another way to funnel campaign money into their own pockets. Campaign or associated big donors & PACs buy thousands of copies of the books with campaign money. She must not have as much support as she though and her own campaign might be cash strapped.

[–] [email protected] 3 points 10 months ago
[–] [email protected] 2 points 10 months ago

It drives me nuts that little girl pants have no pockets, but boy pants do!

[–] [email protected] 2 points 10 months ago

From what I've read it will disable ad-blocking extensions.

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