Didn't Oct 1 fall on a Saturday? Where web traffic to hacker news is typically much lower.
Lowest “Who is hiring?” Post Count in 30 Months
161–170 of 318 posts
Re: Lowest “Who is hiring?” Post Count in 30 Months
#162Another worrying sign is "remote US only".
Why is that a worrying sign?
Re: Lowest “Who is hiring?” Post Count in 30 Months
#163Earlier quoted context omitted.
This isn’t 1980, raising interest rates doesn’t fix supply chain issues. This isn’t inflation it’s a real supply shortage. By the fed doesn’t seem to know how to help with that so, let’s just tank everything. Killing demand to get workers back to lower wages and unemployment up seems to be that real goal.
There is a supply shortage in some areas... and there is price inflation as well. That's actually what you'd expect with a supply shortage that isn't very evenly distributed anyway, but when you add dramatic expansion of the money supply in a period of very low interest rates on top of that, you'd certainly expect to see dramatic price inflation to match, as we have. The idea that a supply shortage is causing all of…
The "expansion in the money supply" has been going on for 15 years. The supply issues started 2.5 years ago. The inflation started about 2 years ago. So only one of those factors is correlated with serious inflation.
The explicit goal of expanding the money supply in 2009 was to drive inflation in order to combat deflation. It didn't work. We ended up with a decade+ long period of low/no inflation.
Even today, the USD is growing stronger relative to other currencies. So in spite of this continued money supply expansion, Americans are experiencing inflation the least of anyone in the developed world.
Re: Lowest “Who is hiring?” Post Count in 30 Months
#164Re: Lowest “Who is hiring?” Post Count in 30 Months
#165Earlier quoted context omitted.
I don't think people should downvote you for disagreement, but I do disagree with your analysis. The US has a system where the Fed lets banks manage the money creation, and they control that by changing the interest rates to change the bank's incentives. In Zimbabwe, the government prints money directly (or at least they did under the Mugabe government, I am not up to date on their current affairs), which means that…
The Fed is a creature of Congress, which is to say that Congress completely controls the Fed. All talk of the Fed's independence has no constitutional basis. The Fed was created by an act of Congress and can be restructured, abolished, or otherwise changed however Congress likes by subsequent acts of Congress. Indeed, in the history of US central banking, Congress has done so before. Therefore, the Fed's continued ex…
> The Fed is a creature of Congress, which is to say that Congress completely controls the Fed.
No no no no no. It means that Congress created the Fed, and Congress can destroy the Fed. Congress can also change its charter.
But Congress is capable of creating and destroying independent agencies.
“I buy that car and fill it with gas. You drive it.”
Re: Lowest “Who is hiring?” Post Count in 30 Months
#166One reason is that crypto is down and the flurry of random crypto startups are absent right now. Compare the number of posts in December 2021 for reference, which was peak crypto of recent times.
Crypto itself, or at least the bubble, was an unintended byproduct of low interest rates and lax securities enforcement. The low interest environment is intended to spurn the monied rich into investing in productive businesses, but "innovators" instead invented crypto assets and lauded them as the second coming of Mansa Musa, siphoning nearly a trillion dollars out of the productive economy. Clever crypto "innovators" recognized the monied rich's need to feed their insatiable craving for growth without doing any real work. Now that the government itself is providing that outlet, there's no reason for crypto to continue to exist.
Re: Lowest “Who is hiring?” Post Count in 30 Months
#167Has anyone actually gotten much success in either direction (hirer/candidate) from these posts?
One of the worst companies I've dealt with this time around was from an HN "who wants to be hired thread". Poor and conflicting communication, lack of respect for my time, that kind of thing. The company's been posting since late last year, and even made an appearance in the October 2022 thread (albeit this time it was posted by a different user).
I tend to comment on topics I wouldn't want to discuss in a professional setting and so I'm pretty unlikely to ever bother with a "who wants to be hired?" thread.
Re: Lowest “Who is hiring?” Post Count in 30 Months
#168Didn't Oct 1 fall on a Saturday? Where web traffic to hacker news is typically much lower.
thread was yesterday
Re: Lowest “Who is hiring?” Post Count in 30 Months
#169I don't know the intention of the author, but I see like a lot of "Look, it's happening! The economy is going down!" posts pop up these days. Which may be true, but it can also be a self-fulfilling profecy if everyone is doing that on all platforms. Which would be a shame. I'm not saying HN and other platforms should censor (/ take action) either. It's just a thought I have on this subject, and I don't know if there…
It’s true, I depend on HN posts to tell me whether or not I should put the brakes on my spending. /s
Re: Lowest “Who is hiring?” Post Count in 30 Months
#170I feel like people are trying to wish the economy into a recession / depression, but I really don't see it happening. I do see some belt tightening wrt SaaS expenditures. There's still a massive demand for labor. While the housing market has fallen, the actual cost of buying a house is still rising. Rate increases have well outpaced the list price reductions. So I think all this talk of a recession is just a bunch of…
I'm European and I feel there is a certain segment of American libertarians who want a global/European systemic collapse because they feel it validates their views. American libertarians are overrepresented on HN.