dave / is on Nostr

humble seeker - davidaskew@iris.to

Last Notes

2024-09-10 12:35:40

Gm
may you be free (from ReplyGuy spam)

2024-09-10 03:04:10

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absolutely - how big would the stack of federal laws and regulations actually be? equivalent to a multiple story building at least ?

2024-09-09 13:18:47

GM
may you be well

2024-09-09 00:18:08

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wow - i thought the social media algo manipulation was common knowledge at this point

2024-09-08 18:04:42

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my understanding is when the federal debt and interest expense are so large that the federal reserve cannot raise or keep interest rates high to combat inflation. you get into a doom loop where higher rates raise interest cost and thus lead to higher deficits, which require more money printing to fund the treasury debt issuance. if the inflation is driven by this deficit spending, then fed raising rates will only exacerbate the problem.
@npub1a2c…w83a would you clarify or disagree with that ?

2024-09-08 17:52:17

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awesome - i hope to visit Thailand someday and some of the many temples. have been wondering how Bitcoin meshes with Buddhist values and culture

2024-09-08 17:16:57

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quality interactions here thus far

2024-09-08 17:10:17

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ok so its the block template. thanks for the clarification

2024-09-07 22:36:17

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i thought these were solo and similar to lotto ticket odds, although i love the decentralized hash rate component. do some folks point the has rate to a pool ?

2024-09-05 23:34:37

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that's great Efrat - recently started running one myself and love how accessible it is to help network decentralization

2024-09-05 21:48:54

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they're going to need a bigger printer
https://image.nostr.build/18ab9221bd6fe3aaf2a1cb9a8b806d2004826da79ec03709d01cab0695dde65e.png

2024-09-05 02:40:04

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this has been a really tough one - what seemed like a well telegraphed recession from a major hiking cycle, inverted yield curve and bank failures hasnt played out yet due to printing, helicopter money and massive fiscal deficit spend.
obvious consequences are $ debasement and price inflation, unaffordable housing etc, but they've kept the music on for now. recessions seem to need a catalyst which i thought were the bank failures but they stepped in with BTFP
federal debt and interest expense % of budget are becoming a major problem as James has pointed out which means ever more debasement

2024-09-05 02:26:51

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seems like a disconnect between equity market and the magnitude of cuts priced into the forward curve in '24/25, which would suggest a weaker backdrop. do you take any signal from the de-inversion of the yield curve ?

2024-09-05 01:15:39

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i think treasury and fed are deathly afraid of significant asset price declines and will step in with printing / liquidity

2024-08-30 00:26:04

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very compelling and well researched. quite the accomplishment - congrats Lyn