Steve Randy Waldman
@interfluidity.com

📌

in reply to this
Steve Randy Waldman
@interfluidity.com

me too.

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

i’m sorry… i should have encouraged you much earlier!

in reply to this
Steve Randy Waldman
@interfluidity.com

i’m not for DEI or anything, but we really must do something about the scourge of anti-Tesla-ism.

Steve Randy Waldman
@interfluidity.com

leaving tomorrow…

in reply to this
Steve Randy Waldman
@interfluidity.com

( chris is already there. seems to be doing well. wanna come? )

in reply to self
Steve Randy Waldman
@interfluidity.com

just a couple of months ago, we had institutions of government.

Steve Randy Waldman
@interfluidity.com

transferring debt instruments doesn’t necessarily add an asset, but it is often done in exchange for an asset. in my decomposition, US transfers debt instrument in exchange for, say, Yuan. then spends Yuan for goods. net effect: transfer of debt instrument for goods.

in reply to this
Steve Randy Waldman
@interfluidity.com

(i’m not sure i get your decomposition? what is the net effect we are decomposing?)

in reply to self
Steve Randy Waldman
@interfluidity.com

in this case it’s add liabilities to the balance sheet, as payment! those liabilities are our counterparties’ “investment”! we might decompose it into a financing transaction in which the foreign seller provides an asset and we accept a liability (and so provide an asset) followed by an expenditure.

in reply to this
Steve Randy Waldman
@interfluidity.com

la mulți ani! 🎂 ❤️ ( www.quora.com/What-does-th... )

Link Preview: 
What does the Romanian phrase

What does the Romanian phrase "la multi ani" mean in English?

Link Preview: What does the Romanian phrase "la multi ani" mean in English?: Answer (1 of 11): La multi ani is a phrase commonly used in Romania when wishing someone a happy birthday, typically written as "La Mulți Ani!" It literally translates to "many years," symbolizing the...
in reply to this
Steve Randy Waldman
@interfluidity.com

they always accused democrats of not being proud americans, of going on apology tours, but i don't think i could support anyone who isn't planning an apology tour.

Steve Randy Waldman
@interfluidity.com

all production requires financial risk bearing. (assuming even labor has a financial opportunity cost.) not all financial risk bearing finances production. when it finances a trade deficit, it may finance consumption.

in reply to this
Steve Randy Waldman
@interfluidity.com

defcon.social/@tprophet/11... Note: TProphet is providing the words of a Canadian friend who prefers to remain anonymous. Scroll to the beginning of the thread.

TProphet (@tprophet@defcon.social)

Steve Randy Waldman
@interfluidity.com

i'd take issue with "depend" (exorbitant privilege or exorbitant burden?) but our perhaps erstwhile global regime did involve foreigners continuously increasing the US financial risk they bore (in absolute terms, not relative to GDP, their economies may have grown faster than our trade deficits).

in reply to this
Steve Randy Waldman
@interfluidity.com

jfc.

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

cc @steveroth.bsky.social

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

when this is all done, the United States will be the 20th census division of Alberta.

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

it will be kind of ironic when climate nonprofits migrate their finances to crypto. (it won’t be hypocritical — it’ll be proof-of-stake crypto rather than the burn-down-the-world kind.)

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

it is ridiculous how difficult members of Congress have now made it to meaningfully provide feedback. (and they almost never respond. back in the day, if i wrote them i’d at least get a form letter on some adjacent issue.) i’m keeping at it, overcoming the hurdles. i hope you do too.

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

Regulating to favor density would helpfully reduce the option value in farmland that it might convert to cul-de-sac.

Loading quoted Bluesky post...
Steve Randy Waldman
@interfluidity.com

i guess like most things i think it, or a lack of it, is a product of our institutions, so if we sustain rather than undermine institutions of solidarity and accountability, it wouldn’t have to be so thin and fragile a thing. instead we tax virtue. www.interfluidity.com/v2/5031.html

interfluidity » “Incentives to produce” are incentives to rig the game

in reply to this