Viewing profile — mono442

Even if the house is worth less, the morgage is eventually paid off. Rent has to be paid forever. I can't even imagine renting when I'm retired and have less money.

The problem with public debt is vastly overestimated. It mostly doesn't matter at all. It can be just rolled over forever like it always was. It's the private debt which is the pro…

Electricity is expensive in the EU because of the EU ETS.

I guess what they did works but it makes some of valid ip addresses unavailable.

I'm not sure. Probably because they want to maintain the appearance of central bank independence. The yields aren't even that high. They were much higher in the past.

It doesn't change the M1 which is relevant for inflation.

They are trying to fix the problems that they have created themselves. Electricity is expensive in the EU because of the ETS but the bureaucrats in Brussels are completely out of t…

The svb collapsed because they bought a lot of long term bonds during zero interest rate policy. It was inevitable.

Qe, yield curve control or possibly other market operations. There won't be any real consequences, it's just an asset swap. They buy bonds and in turn create new interbank reserves…

the fed can bring the bond yields down, it's not really a problem

> State of play: The market reaction was swift and clear. Traders cut back on their bets that a rate hike is on the way in September, now seeing it as a coin flip. > Longer-term bo…

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This is business as usual. It's just now they are shilling different political parties than before.

It's not even that bad in the US. Houses are still more affordable than in Europe or Canada.

Money is debt. It can't be ever paid off, it has to constantly increase. Just look at the us public and private debt. It almost always only increases.

There's no natural law saying that budgets have to be balanced. Most countries run constant deficits.

The crisis was largely artificially engineered because Germans believed that Southern Europeans were "lazy" and needed to be made an example of. The ECB could have brought governme…

The point is that you don't have a separate password just for the disk encryption. It all works transparently.

shouldn't it be 5k per month?

the budget doesn't have to be balanced, they can fund it with deficit

It still doesn't seem to work all that well for tasks which don't have a short feedback loop.

how does this compare to k3s and microk8s?

Don't they have more important issues to tackle?

How is that different from forcing dei before? To me, it seems that the Trump administration is doing the same thing as previous administrations, just more openly.