Steve Randy Waldman
@interfluidity.com

don’t bug the librarians. if they’ve hallucinated the citation, they can always hallucinate the article for you!

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Steve Randy Waldman
@interfluidity.com

Thank you for reading!

in reply to this
Steve Randy Waldman
@interfluidity.com

Ha! Excellent hypotheses both, I hadn’t thought of either.

in reply to this
Steve Randy Waldman
@interfluidity.com

this one's kind of a love letter to @besttrousers.bsky.social and @whstancil.bsky.social, both of whom i enjoy, agree or disagree.

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Steve Randy Waldman
@interfluidity.com

[new draft post] When is the economy good or bad? https://drafts.interfluidity.com/2025/12/08/when-is-the-economy-good-or-bad/index.html

Steve Randy Waldman
@interfluidity.com

i don't have this yet, but i love everything @b0rk.jvns.ca does. wizardzines.com/zines/git/

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Steve Randy Waldman
@interfluidity.com

the present is a foreign country.

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Steve Randy Waldman
@interfluidity.com

Donald Trump is very much like the typical working man, who also can’t be impeached and convicted by Congress.

Steve Randy Waldman
@interfluidity.com

so you can’t be fired!

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Steve Randy Waldman
@interfluidity.com

“just because it’s stupid doesn’t mean it won’t inherit the Earth.” @ojutel.bsky.social ht @niedermeyer.online

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Steve Randy Waldman
@interfluidity.com

yes but it was prescribed by a doctor (whom i pay very well).

in reply to this
Steve Randy Waldman
@interfluidity.com

“the sellers of addictive products that skirt regulations and ruin lives should be summarily executed.” ~social media ceos and investors

Steve Randy Waldman
@interfluidity.com

i mean, what did you think icicles turn into after metamorphosis?

in reply to this
Steve Randy Waldman
@interfluidity.com

the dose is the poison.

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Steve Randy Waldman
@interfluidity.com

my dear friend. i said that the increase in value to bondholders has nothing to do with the Treasury paying more interest, not one thing or another about the volume of Treasuries or aggregate interest paid.

in reply to this
Steve Randy Waldman
@interfluidity.com

that might be right, but it’s not why investors’ returns on bonds have been high.

in reply to this
Steve Randy Waldman
@interfluidity.com

the finance a**hole in me has to object the riposte is wrong, bonds have done well because the interest rate demanded to hold treasury bonds have declined, raising the price of bonds already issued at higher rates. 1/

in reply to this
Steve Randy Waldman
@interfluidity.com

it’s still bad news, because it means the Fed foresees soft employment and/or investors are growing nervous about holding riskier assets. but it doesn’t mean the Treasury is paying more interest. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

if so, then what is the opiate of the lasses?

in reply to this
Steve Randy Waldman
@interfluidity.com

this is horrifying.

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Steve Randy Waldman
@interfluidity.com

(by conventional economic wisdom, quotas are much inferior to tariffs because the price increment goes to the foreign seller rather than enacting government or enacting state’s firms. so maybe a committed declining tariff schedule?)

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