JanisL

7 ms·

1.
by JanisL 5y ago
A lot of people don't know just how corrupt the IOC is, I suspect if this was common knowledge there would be a hugely increased number of people calling for boycotts of the Olympics.
2.
by JanisL 5y ago
Open market operations of various central banks certainly impacts equity prices of publicly traded stocks. In some cases the holdings are enormous: https://asia.nikkei.com/Business/Markets/BOJ-tops-pension-wh...
3.
by JanisL 5y ago
Give a higher maximum character limit
4.
by JanisL 5y ago
In a heavily inflationary environment this practice could turn out to be entirely maladaptive. What percentage of inflation year on year will you change your mind at? Do you even have a line?
5.
by JanisL 5y ago
Just be very careful with this stuff and make sure to talk to a psychiatrist that knows what they are doing. I've seen a few people get prescribed benzodiazepines for anxiety related issues from general practitioners who didn't kn
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by JanisL 5y ago
The monetary system in many places was already mostly private, most money is created by commercial banks and we have institutions like central banks with private ownership in many countries.
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by JanisL 5y ago
I think a lot of skilled software developers might be unaware of just how bad the practices can be in non-software companies regarding software development. A few years back I remember a big corp explicitly telling me that a project for an
8.
by JanisL 5y ago
It's a bit like getting struck by lightning, you deal with this when it happens if it happens. This is sufficiently unlikely for most people that it's not worth being too concerned about it when other exceedingly more dangerous an
9.
by JanisL 5y ago
How do you account for differences in the purchasing power of those dollars you are making the measurement in? An example of why this is relevant: https://www.investing.com/indices/zimbabwe-industrial
10.
by JanisL 5y ago
There's definitely some very big problems with people demanding fixed interest returns when demographics aren't good: https://realinvestmentadvice.com/the-unavoidable-pension-cri...
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by JanisL 5y ago
I think there's a massive difference between the government owning things and the central bank owning things for the reasons you mention about accountability.
12.
by JanisL 5y ago
Bitcoin had design goals in mind to avoid certain downsides of centralized currencies. The cryptocurrency space however lives inside the broader economy and questions about what money is and the regulations around it don't go away just
13.
by JanisL 5y ago
I'm trying to encourage a discussion about what money itself should be. I think without this discussion it will be very hard to make effective regulations around money and the implications this has on the operations of the banking syst
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by JanisL 5y ago
It would seem that the temptation to set the price of everything is increased when there are impediments to setting the interest rate (since this removes an important monetary policy lever). I think this has been seen lately as the zero-low
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by JanisL 5y ago
I'm not sure why you'd take from this that I'm ignoring the role of regulation when I'm commenting on a situation whereby the regulatory framework of central banks allows them to take actions that damage the signaling po
16.
by JanisL 5y ago
I strongly believe that money itself has been corrupted lately, this then causes all number of bad flow on effects to happen. A massive shift happened when central banks started getting involved in direct purchases of various asset types an
17.
by JanisL 5y ago
Bitcoin is a lot less liquid than many people think, a lot of wash trading has occurred recently that has obscured this.
18.
by JanisL 5y ago
I think the stimulus feedback loop you mention is exactly the situation that could provoke strong inflation. Were the markets free of this intervention/interference I'd be strongly in the deflationary camp because fundamentals wor
19.
by JanisL 5y ago
I have to say I thought the most ridiculous name I'd see in this space was coins named after people's dogs. This not-even-a-name might be even more ridiculous. It reminds me of those spam emails where they the writing forms an eff
20.
by JanisL 5y ago
It honestly reminds me of the incident from a few years back where people were climbing the walls of buildings to help people inside cheat: https://www.cbsnews.com/news/indian-parents-scale-school-wal... and https:&#x
21.
by JanisL 5y ago
At this point inflation (if it happens) will most likely be a policy driven affair since growth doesn't seem to be the main driver for monetary expansion at this moment in time. I think there's reasons this could happen with debt
22.
by JanisL 5y ago
I think reducing the harms that are done by trolls and various other bad actors on the internet is an important question for this era. But this might not be the main motivation behind these new proposals. One of the most concerning parts of
23.
by JanisL 5y ago
I think reducing the harms that are done by trolls and various other bad actors on the internet is an important question for this era. But this might not be the main motivation behind these new proposals. One of the most concerning parts of
24.
by JanisL 5y ago
Tether is an enormous fraud and the financial reporting of the reserves has just never been up to generally accepted standards. The thing with crypto is that much like some of these other commodity markets there's less real trading vol
25.
by JanisL 5y ago
I'm aware that capital requirements have mostly taken over from reserve requirements over time (in such a way that the banking system is even less sound than the average person assumes), but the point I was making is that in all these
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by JanisL 5y ago
In the modern world we primarily have banking systems that are based on fractional reserve banking and currencies without any explicit backing. This means that from a forex point of view the currencies are only worth as much as there is con
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by JanisL 5y ago
Its not a real black swan because it's so painfully obvious to anyone who's looked at it in depth but the demise of Tether will have an enormous impact on BTC.
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by JanisL 5y ago
Basically the COMEX changed the rules explicitly to disadvantage the Hunt Brothers. The changes made to margin requirements is what made the difference here. I don't think anyone could claim that the silver market is an entirely free m
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by JanisL 5y ago
I think a lot of people in the comments are focused on the various sales aspects of why black Friday prices move the way they do however I think this year is an example of high inflation being more of a factor than anything else. I'd t
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by JanisL 5y ago
I worked at an electronics place a while back and I remember there were issues in an old chip in some older products. Not talking anything major here but a few known bugs that could have been fixed. But usually nobody had the time allowed t

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