If you think about it, the fact that Oliver Tree got a Post-Mortum Post Malone shout-out technically means that the Dixie-cup/vape/scooter rapper had significantly more cultural relevance than Charlie Kirk lmao
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If you think about it, the fact that Oliver Tree got a Post-Mortum Post Malone shout-out technically means that the Dixie-cup/vape/scooter rapper had significantly more cultural relevance than Charlie Kirk lmao

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I wonder to what extent cryptocurrency has contributed to the current inflation crisis. Like. We have this whole secondary economy where every day millions of extremely-low-confidence dollars are being converted into a deceptively-high-confidence commodity currency which is either hoarded without being spent or gets converted into more commodity currency. That's a nightmare scenario. That does really bad stuff to economies.
A quick search indicates to me that over the past few years, several economic studies have shown that crypto has no real effect on inflation, in the context of studying whether crypto reserves can be used as a hedge against inflation.
I suspect that if there's a (merely) economic problem caused by crypto, it has to do with its status as a vehicle for wealth transfer from poor to rich by way of repeated rug-pulling, but that seems entirely divorced from inflation per se.
So the studies asking "could we use crypto to mitigate inflation" as in by turning us dollars into goblin money are we removing dollars from circulation. and they've have concluded that it doesn't because those dollars are still out there? and most people involved are just screwed when their goblin money evaporates and they've given away all their dollars to some disreputable wight?
I mean yeah that seems like important data to have, dunno that it indicates no role in having created the crisis though.
No, if I understand those studies correctly, the ones that indicate that crypto can't be used as a hedge against inflation simply find that when money is put into crypto as an investment, it does not generate a significant return on that investment above decrease in value due to inflation. This doesn't lead deductively to the conclusion that crypto doesn't play some causal role in inflation, I guess, but I was thinking that if we could blame crypto in some regard for the inflation crisis, some justifying evidence for that might be found in some correlation between the value of crypto holdings and the value of the dollar. But if they both change value at roughly the same rate, in roughly the same direction, with inflation, then that reduces my confidence in the claim that crypto is exerting an effect on inflation any more than the existence of the US dollar is, relative to the US economy. Of course, crypto could still affect rates of inflation somehow. As natalieironside suggests, economic actors might be evaluating crypto as a good investment and then investing and reinvesting into cryptocurrencies (to keep their value out of government-backed currencies) at a scale that spirals into the value of that (or those) government currency falling. But that still seems unlikely to be the case to me if cryptocurrencies that non-insiders would want to invest in (i.e. the ones that are more stable) are affected by inflation just like traditional currency. Especially since some of those more stable cryptos do, iirc, maintain that stability through some mechanism that responds to the value of the dollar? Again, though, I'm not a crypto or economic expert. I'm just curious about the possibilities of economic damage caused by crypto.
I was thinking more in terms of good money in competition with bad money. My suspicion is that dumping your assets into crypto has a similar economic effect to exchanging all your dollar bills for gold coins and burying them.
our last post died. like really bad so I’m making a new one
my gf and I are a black wlw couple who are trying to make it to mid August when my job starts and we need help until then. my gf needs money for her estrogen, I need money for my psych meds, and we need groceries to feed an 8 person household + a cat, and our phone bill
because of the heatwave and following storms, we haven’t been able to go out to the food bank, and while we no longer live in a food desert, the car has been in the shop for about a month now so it’s basically just been cup noodles since june, but we’ve run out.
I get that things are hard for everyone, and I hate having to make this post but we really have no other options rn as my gfs potential clients are leaving her on read and my job doesn’t start for another month.
my cashapp is $silvertheestallion
my gfs cashapp is $Santanajammn
my Venmo is cherryadventure2
hers is sidiosquiere
thanks so much for reading!
hi sorry s'cuse me but were NONE OF YOU GOING TO TELL ME ABOUT BLACK BOOKS OF HOURS???
LOOK AT THIS MAGNIFICENT GOTH-ASS SHIT
EGADDDDDDD
THE IRON-COPPER SOLUTION USED TO DYE THE PAGES WAS SO CORROSIVE THAT THERE ARE VERY FEW SURVIVING EXAMPLES
THESE BOOKS WERE LITERALLY TOO METAL TO LIVE
i can't

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i flipping hate ao3's layout there's too many goddamn words
you know what i deserve this
a lot of mean things have been said about me on this post, but none of them hurt as much as this
This websites hatemail game is insane
finally remembered to put these up, now that this is the least of anyone's worries. unfortunately i have taxes and domain renewals and phone bills, etc. Listed here, every 3 gets a free one (an order for 6 gets 8, etc).
HEY i deactivated this for a while because I was super depressed (no it really doesn't make sense), and then I was trying to use reactivating it as an excuse to make some new stuff, but that was taking too long so I'm just resharing this with an actually functioning link for now.
Good sticker to put over Ring doorbell cameras in your neighborhood.
Who's Gonna Buy All the AI Stuff? https://robertreich.substack.com/p/whos-gonna-buy-all-the-ai-stuff

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Getting down on my knees and thanking the humans who invented dishwashers and washing machines.
InsNe that dishwashers are more efficient and easier than just washing them manually but they also use less water. It’s a win win situation
They ALSO sterilize dishes, due to operating at a far higher temperature than human hands could ever tolerate. It's a win every way.
Made this post about 15 minutes after the repair guy who fixed the pump on my dishwasher packed up his tools and left, as the dishwasher was whirring along doing my dishes from that morning.
He said the exact same thing, which I did not know before that, so spreading this knowledge.
no leaves, but plenty of eyes.
inspired by me spacing out on a long drive & staring at trees. this happened earlier this year, and birches ended up growing leaves before i finished the doll.
all branches & roots are made of metal wire + hot glue, which makes them poseable and also keeps them from snapping.
and femininity looks so different from culture to culture (to subculture) across geography and also history, so how can anyone pretend it's any kind of objective truth? it's literally all just locally crowdsourced social convention

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it must be so freeing to be as stupid as a ceo. not a single thought echoing through that hollowed out skull. you get paid more money in 20 minutes than a handful of small countries make in a year combined to say the biggest number you can think of and if your company doesn’t hit that number you get to fire all of them
we want to entertain one billion people a day and to achieve that goal we’re going to fire every single game developer we’ve ever hired 😍😍😍
I like the wording of PCGamer
https://www.pcgamer.com/gaming-industry/xboxs-ceo-wants-its-games-to-cater-to-more-than-a-billion-people-each-day-or-24-times-more-than-the-peak-population-of-steam-which-is-delusional/
The moment speaks to the president and the Republican Party's pattern of protecting men accused of sexual assault.
So
The ONLY Democrat that Donald Trump has EVER said anything positive about
Is the one whose been accused of rape by multiple women?
That sure is INTERESTING
Like
I'm SURE that there's NOTHING at all suspicious that Trump, famous for constantly screaming insults and slurs at Democrats, suddenly wants to come to the DEFENCE of a Democrat...when it's one whose accused of rape
After all it's not like Donald Trump's name appears over thirty eight thousand times in the Epstein files
Or that women and children have come forward to say that they were sexually assaulted by Donald Trump
I mean if THAT had happened it would look PRETTY FUCKIN SUSPECT that Trump suddenly has nice things to say about a Democrat here