Viewing profile — trixn

Fair enough, just wanted to point out that banks originate money as part of the lending process. You could maybe call that "money out of asset purchases" whatever that means and ye…

Very true but also understandable because that's how most households perceive it from their micro-economic standpoint. But its very deceptive because it suffers from a fallacy of c…

> You mean it happens when a bank borrows money from a central bank, right? No I mean in the moment the bank grants a loan. The money the borrower receives is new money, its not ta…

> Money can’t be created out of nowhere Well, in case of a bank it can. And it happens on a daily basis. In fact thats how most private bank money enters the system in the first pl…

Gold never really served as a currency, rather as collateral. If gold is a currency than any marketable asset is. A good definition of "currency" or "money" would be one that disti…

While that might be true there is still a point to be considered regarding vaping which is that it is an order of magnitute less harmful than smoking tabacco cigarettes because not…

That's correct, in normal use the coil (the term used for the metal) never glows, it's not even close to glow. This is because it is surrounded by cotton soaked in the liquid which…

MMT proponent Bill Mitchell calls that "groupthink". It's really hard to get heterodox economic theory published and accepted.

I also feel like this really is one of the biggest pain points when writing single page apps. There is no good standard and everybody is promoting his/her way to do it that works w…

I agree that you could in a lot of cases get along without these classes. But sometimes you want e.g. an anchor acting as a button in a web application. Or you want a button elemen…

I don't like that concept of essentially inlining styles in the class attribute. It is just a misuse of html classes. Class names should be used sparingly and describe the semantic…

I feel exactly the opposite is the case. Hooks can improve expressiveness a lot by helping developers to separate concerns and keeping logic that belongs together in a separate pla…

As I understood it you should not opt-in to use state conditionally in your component but you can still conditionally set the state. That means you should not conditionally call `u…

A lot of my components contain something like this line: const Comp = ({children, className}) => {}. If you need to merge it with some statically applied class names in your compon…

React is quite consistent in naming things and if you write 100's of components (which you should easily accomplish if you use it seriously) then you will never mix up className an…