@GhostOnTheHalfShell@masto.ai avatar

GhostOnTheHalfShell

@GhostOnTheHalfShell@masto.ai

opinionated lurker of the intarwebs.

Used to write code, still do. c/c++, java, php, js, c#, gdscript, gnawed on sql, sparql, unix/windows etc etc billions of years ago.

tech, graphics, anything STEM
anything anthropology, history, linguistics
anything blender, gimp (although i scream using it), audacity
prefers not to be run over by cars

I drink Philz.

I do a (non-monetized) video or so a week on yt.

Tyranny and poverty are everywhere a mainstream economics phenomenon.

This profile is from a federated server and may be incomplete. Browse more on the original instance.

GhostOnTheHalfShell, to random
@GhostOnTheHalfShell@masto.ai avatar

18 min

Informative piece on human memory and some of the history of how we learned how it works

https://youtu.be/Ug_PKZn_I4I

GhostOnTheHalfShell, to random
@GhostOnTheHalfShell@masto.ai avatar

May 19


6 min

Clips out of the stream with Denise Hearn. Steve responds to mean Xits.

https://youtu.be/1izv3fXWbxs

parismarx, to OpenAI
@parismarx@mastodon.online avatar

“I have seen the extremely restrictive off-boarding agreement that contains nondisclosure and non-disparagement provisions former OpenAI employees are subject to. It forbids them, for the rest of their lives, from criticizing their former employer.”

https://www.vox.com/future-perfect/2024/5/17/24158478/openai-departures-sam-altman-employees-chatgpt-release

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@parismarx

this is called fascism. such legal restrictions are an affront to the 1st. Companies that dictate these terms should be seized and dismantled.

GhostOnTheHalfShell, to Economics
@GhostOnTheHalfShell@masto.ai avatar

@economics@a.gup.pe

Let's play economics RPG. Who's the main streamer and who's heterodox?

2 min

https://youtu.be/ebjNf4I88nk

GhostOnTheHalfShell, to india
@GhostOnTheHalfShell@masto.ai avatar

#DownToEarth #India #climatechange

8 min

#ClimateChallenge rising. Everywhere.

https://youtu.be/BWD8UhQY60o

LukeBornheimer, to random
@LukeBornheimer@sfba.social avatar

If Valencia had curbside protected bike lanes, this wouldn’t endanger people and wouldn’t result in the bike lane being blocked.

It’s time for SFMTA to propose, approve, and install curbside protected bike lanes with curbside parklets.

Support that now: https://BetterValencia.com.

video/mp4

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@LukeBornheimer

I’d rather see it car free.

BlackAzizAnansi, to random
@BlackAzizAnansi@mas.to avatar

Where do you get your news from?

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@BlackAzizAnansi

Pick up news here from a number of feeds, but also DW (DeutcheWelle), NPR, CNA (Singapore), Beau, Democracy Now, AlJazerra, and more feeds..

auschwitzmuseum, to random
@auschwitzmuseum@mastodon.world avatar

19 May 1931 | A Dutch Jewish girl, Selma Spanjer, was born in Amsterdam.

In February 1943 she was deported to Auschwitz and murdered in a gas chamber after selection.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@auschwitzmuseum

I though I view each of these that I see, some images enrage me more than others.

notjustbikes, to random
@notjustbikes@notjustbikes.com avatar

[surprised pikachu meme]

https://thedriven.io/2024/05/14/nearly-all-major-car-companies-are-sabotaging-ev-transition-and-japan-is-worst-study-finds/

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@notjustbikes

Psshh. Walkable cities do that really well.

because the need for cars largely evaporates.

GhostOnTheHalfShell, to random
@GhostOnTheHalfShell@masto.ai avatar

@GottaLaff

BrainSpurs

You have some competition 😂

https://mstdn.ca/@JonChevreau/112468035967494096

YouGiveMeFever, to random
@YouGiveMeFever@union.place avatar

It is the president's duty to protect the people, not guns... "Trump receives NRA endorsement as he vows to protect gun rights": https://apnews.com/article/de03ae7672f2b1e213da6acbf25df378

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@YouGiveMeFever

Holy sacrament of conservatives.

They worship death and assault weapons are their sacrament.

dworkin, to random
@dworkin@mstdn.social avatar

I’ll never forget. Never.
Don’t forget to subscribe: https://www.dworkinsubstack.com/subscribe

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dworkin We can remember conservatives for it. Always.

alisonphipps, to random
@alisonphipps@mastodon.scot avatar

No where is safe
Thousands are forced again from their homes
Quadcopters stalk the streets
Dumb bombs destroy whole families
Homes of rubble are bombed again to dust
The wicked claim complete impunity
The soldiers mock the distress
There is no mercy

https://news.un.org/en/story/2024/05/1149951

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@alisonphipps

And this is what Israel will be remembered for. Always.

LukeBornheimer, to random
@LukeBornheimer@sfba.social avatar

Protected bike lanes, transit-only lanes, and car-free streets help people shift trips away from cars, reducing car traffic and demand for parking, among other benefits (e.g. roadway safety, climate action).

We need leaders who prioritize data-proven solutions to these problems.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@LukeBornheimer

Now more than ever, we need to end car-centricity, engage in green infill and end the housing crisis by financing non market solutions (co-ops and land trusts and even gov housing).

Housing first for low cost of living and stable commercial rents, to stabilize wage pressure and buff disposable income, to the benefit of us all (and small business)

https://youtu.be/DShceqqNlQo

QasimRashid, to random
@QasimRashid@mastodon.social avatar

In 2022 SCOTUS ruled 6-3 that public school teachers & other staff can lead students in prayer.

Now Louisiana will require all schools that receive public funding to display the Ten Commandments, including colleges and universities.

If it’s prayer these guys want, if you’re a public school teacher who wants to learn the Islamic call to prayer, i.e. the Adhaan, to teach your students, let me know.🙃
https://www.axios.com/local/new-orleans/2024/05/17/louisiana-10-commandments-classrooms

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@QasimRashid

This is also about time that the Satinists chime in.

However, consider this option, drill into the 9th commandment, the one about false witness, and the punishment for its transgression. Lying and defamation are quite serious crimes.

Now let’s talk about what Ben Shapiro’s been saying of late (no particulars here, I just rely on Ben being hisself).

GhostOnTheHalfShell, (edited ) to Economics
@GhostOnTheHalfShell@masto.ai avatar

@economics@a.gup.pe

Hot off the presses. The next serialized chapter of his book.

🧵

https://profstevekeen.substack.com/p/why-are-economists-trying-to-hide

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics@a.gup.pe

That also depends which elevation it’s looked at I think. It’d didn’t lose money, it lost what I would call wealth. I reserve money to mean legal tender and begrudgingly “liquid” entries, those entires that can be used to discharge debt (like legal tender).

But yes, prolly in the giant ledger in the sky that makes sense. The question is, is that how it actually works out?

🧵

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics@a.gup.pe

If the loan was insured, or peddled off as part of a security how does all that percolate?

In the end of a successful loan payback, the bank has a profit, “more”. Because the loan, and deposit are accounted in entries but not the interest service, sale of the asset means the bank has walked off with a gain and the effect shows elsewhere.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics@a.gup.pe

You know, maybe that’s more subtle? Because the bank doesn’t “pay” anything for the write off. The asset simply disappears. If the credit (the liquid thing) is still percolating around in its ledgers as the One Bank. The total asset (principal and interest) and the borrower liability are stricken, but the deposit doesn’t seem to.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics@a.gup.pe

The payout seems the victim here, but banks can lend to businesses freely. It’s just balance sheet management. They can’t be in the red at the end of a business day and even so, there’s always the discount window.

So yeh, that seems solid. Banks come away with interest (less expenses) from the transaction, always.

dlakelan, to Economics
@dlakelan@mastodon.sdf.org avatar

@economics@a.gup.pe

Steve Keen discusses the money creation mechanisms here https://profstevekeen.substack.com/p/why-are-economists-trying-to-hide

A thing I think he doesn't give enough attention to is the role the Fed DOES play. The Fed indirectly controls bank lending rate through a couple mechanisms. The first is whatever rules it has for declaring a bank solvent. They've eliminated reserve requirements but now it's something like a stress test or whatever. A bank can't keep lending

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan @economics@a.gup.pe

I keep harping on him to spend less time in debunk and bomb the area with all the math.

He’s stripping his models down to the basics because, well, the mainstream and those under its influence are durably resistant to it. I’d rather get Principia and not 95 thesis.

He’s handicapping what he could (should) be saying.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan

From Graziani, his work largely says business and banks are largely immune to interest rates. Lending is predicated on other matters, like business’ production plans and those seem to be driven by market share in large ways.

Interest does not play out directly in the economy, because it also contributes to interest income and this offsets rising paid rates.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan

SVB’s dynamic was also a god child of tech companies drawing down their deposits. IRRC their borrowing costs made them draw down their cash piles. That made the bank pay out, and drew down its reserves.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan

Right, but interest earned elsewhere can rise because of it. Doug at Applied MMT forecasts the economy out by a couple months using economic data and ML. He’s emphasized this point. All sorts of actors earn more income.

The Fed normally extends liquidity whenever they need it. Because interest rates are telegraphed, and the criteria the Fed uses is public, their rate moves are predictable.

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@dlakelan

Yes, it is not direct. Consider where the interest is deposited. What I am not sure about is how continued vigor in credit (federal spending and the like) and bank generated lending sustains it all. Unlike pure math or physics, economic symbols go in one ear, I get what it means, but instantly forget it.

It would take making a model, toy or not to set it... a la Feynman method.

Maybe it's just senility.

PillarOfGarbage, to XMen
@PillarOfGarbage@mas.to avatar

I’m the fast video goat. Here is more evidence 👊

I Was Wrong About X-Men '97
https://youtu.be/RRsGfMUJUqo

GhostOnTheHalfShell,
@GhostOnTheHalfShell@masto.ai avatar

@PillarOfGarbage

bleat.🐏

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