Too many people under 35 think interest rates are high right now. They are not.
The average Fed Funds rate since 1955 is 4.25%.
US economy was able to grow very robustly at about +4% per year pre 9/11 with interest rates of 5-6%.
No parameter is fixed in macroeconomics. When one parameter changes eg rates, it often gives unexpected results because all other parameters are floating too.
Eek, rapidly losing reserve status if the Fed owns all the debt.
It’s quite hard to get the interesting data like the maturity profile and who owns it.
Has it though?
I don’t think having children is any more expensive?
Food, clothing, opportunity has never been more abundant. Fewer kids today going without essentials.
I have kids, what are these exponential costs?
It must be very surreal when your wealth is your pronoun.
I’ve always wondered if everyone referring to you as billionaire
Obviously it’s a huge differentiator and must be a barrier for every genuine human interaction thereafter. Unless of course you flock together, which this small group does.
Anyone experimenting with Auto-GPT for anything?
What are you doing? How are you finding it?
Canada Senate passed bill C-11 it will be law. This is the most draconian internet content legislation ever seen in the developed world.
FANG akin it to North Korea style.
Any big account on social media is now a “broadcaster”, they get full censorship legal base and they can also request control over feed algorithms to push their narrative.
I suspect they are doing this because they are losing to PP on the internet and the elections are coming.
Get your friends, journalists and everyone know to at least create a Nostr keypair and let everyone know on their legacy social media sites.
Michael has been coving this https://twitter.com/mgeist/status/1651716914798899207?s=46
Donate to https://ccla.org/ (so far had the spine to fight for the truckers too)
What is going on in Canada over the past 5+ years?
Why this huge adventure into thought police?
What is the supposed benefit?
Can anyone steel man it?
There’s a rule of thumb that companies tend to hire as many people as they can afford.
It’s very difficult to sit there with 80% margin and not hire an small army to rule over. It actually goes against human nature.
It’s hard for me to understand why the big tech companies need 100,000 employees? It seems far too many.
I’ve never seen an engineering department of 500 people that couldn’t be done better with 50 people.
I thought in US you could simply terminate people because you had nothing productive for them to do?
Is this state law?
Anyone know a lot about price of gaming PC’s?
I have a HP Omen X 900-105na with a few upgrades in it 64GB ram and some newer GPU’s and no idea if I should gift it to kid or sell it? 🤷♂️
It’s quite a cool form factor and super upgradable. 🤔
Might repurpose it for something else.
What is everyone up to?
I’m finally home for a long bank holiday weekend. Thinking of productive things to do.
Some call, some don’t.
If they call, tell them to keep it and that you had a great stay. The effect is the same.
Has anyone else tried GPT4-32k?
Just realise that first line might be a lightning rod in USA. 😬
Pro = Professional
Pro life tip:
If you are ever staying over with friends or family, take an extra iPhone charger/cable put a colour dot or sticker on it and accidentally on purpose leave it behind.
No matter where you are on the social spectrum, these things always seem to be scarce personal items.
It’s surprising, scarce and personal.
The host will always discover it and immediately be glad that you stayed and modify their opinion of you as their “best guest”, which is blurred in their memory with “favourite person”.
Also, it’s nice to give gifts!
I’ve been doing this for a while and it works great, so I’m passing it forward as a nice 21st Century gesture.
✅ Frozen valve
❌ Frozen clamp
Yeah, for things like this it isn’t about success or failure.
Failure is a condition that you have to pass through in order to get to success.
Lots of things worked, a few failed.