teppa

joined 2 months ago
[–] teppa@piefed.ca 1 points 3 weeks ago (1 children)

I would love to have that terrible pick for housing minister be liquidated, that is a prime example of blatant corruption.

[–] teppa@piefed.ca 2 points 3 weeks ago* (last edited 3 weeks ago) (2 children)

I realize the phillips curve eventually reverts given enough time, in the short term it still depicts an expected increase in unemployment due to monetary stimulus.

The way I see it as far as corporate profits they will always rise when there is a large bout of stimulus, the stock market is a sea of green during hyperinflation as well when measured in nominal dollar terms. When you devalue dollars everything goes up relative to dollars.

Then the BoC raises rates to cool inflation which is when corporations profits would revert to the mean; inflation which was still pushed down via immigration and mortgage bond purchase despite the large price hikes. Till we are eventually left in this state of a cooled job market, now with excess labor and a large youth unemployment, and we haven't even officially hit a technical recession yet.

As far as house prices rising and falling I think that's just stimulus followed by rate hikes. We still have a dire shortage due to immigration which pushes up prices, with the mortgage purchases allowing prices to remain elevated despite rate hikes due to pushing down mortgage costs.

[–] teppa@piefed.ca 1 points 3 weeks ago

Not in data mining. You may not even be able to make a vertical taskbar, but you can be sure every keystroke is being recorded.

[–] teppa@piefed.ca 6 points 3 weeks ago* (last edited 3 weeks ago) (4 children)

The Bank of Canada did QE and bought all our Covid debt, ballooning the money supply.

This caused inflation, which causes a labor shortage, as per the Phillips curve.

The Liberals and NDP did 4% annual population growth, increased TFW numbers, and allowed students to work 40 hours a week.

So currency was debased, housing is in a massive shortage, equities ballooned due to cheap labor, and our Bank of Canada is buying half of all mortgage bonds to further inflate asset values for the rich.

This manipulation lead to negative per capita GDP growth so we are all poorer in aggregate, but we avoided a technical recession, whatever that means.

[–] teppa@piefed.ca 3 points 3 weeks ago* (last edited 3 weeks ago)

I dont think websites is a good example, Javascript barely existed back in the day, now you've pages that look like animated books as you scroll. Videos also used to be 120p, now they are 4k.

But I'm at like 2-5% cpu usage with firefox and many tabs open, KDE, a file manager, and software center; most of the usage seems to be from the task manager itself. I think its likely some high level language like Javascript slowing things down, which is done to sandbox things and sterilize third party code thats run without vetting.

[–] teppa@piefed.ca 1 points 3 weeks ago* (last edited 3 weeks ago)

That or we get these massive wildfires every couple of years that grow out of control and damage property.

We dont build dams that completely block water flow because energy build up and leads to disaster, forests arent any different, you've got to allow a clearing mechanism for all energy sources.

[–] teppa@piefed.ca 3 points 3 weeks ago (2 children)

Do you mind explaining the incentives, why would you want a different controller to boot different things like that?

[–] teppa@piefed.ca 1 points 3 weeks ago* (last edited 3 weeks ago) (3 children)

I assume because hes a green guys who has written books on it, worked as a director of ESG at Brookfield, and is now seen as potentially giving green subsidies. Obviously it looks better if he doesnt own a vast leaning towards Brookfields when he dishes out subsidies to for-profit corporations. I agree that whenever a politician has obvious conflict of interests it should be rectified and incentives neutralized.

[–] teppa@piefed.ca 1 points 3 weeks ago* (last edited 3 weeks ago) (5 children)

How is the portfolio manager selected? Surely the best risk/reward would be a fully diversified etf fund which would require some liquidation, but many managers try to actively trade but the majority also fail.

[–] teppa@piefed.ca 3 points 4 weeks ago

There are 24tb hard drives now.

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