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paulo
paulo@primal.net
npub14qt3...9htj
At home working on cool NLP stuff. Vires in numeris #plebdad
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paulo 3 weeks ago
Taproot addresses are pay to bare public key? image
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paulo 3 weeks ago
πŸ‘πŸ‘ΎπŸ‘
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paulo 3 weeks ago
β€œWhen it finally did come, it came a little quicker than expected, but we were absolutely there to take the actions that we said we would take. And those actions are today. So, you know, we announced that we're resuming reserve management purchases that are completely separate from, from monetary policy. It's just we need to keep an ample supply of reserves out there. Why so big? The answer to that is, you know, if you look ahead, you will see that April 15th is coming up and our framework is such that we want to have ample reserves even at times when reserves are at a low level temporarily. So that's what happens on tax day. People pay a lot of money to the government. Reserves drop sharply and temporarily. So this seasonal buildup that we'll see in the next few months was going to happen anyway. It was going to happen because April 15 is April 15. There's also a secular ongoing growth of the balance sheet. We have to keep reserves, call it constant as it relates to the banking system or to the whole economy. And that alone calls for us to increase about 20, 25 billion dollars per month. So that's a small part that's going on. It's also happening in the context of a temporary few month front loading to get reserves high enough to get through the, you know, the tax period in mid April. So that's what's happening there.” --- JP. image
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paulo 3 weeks ago
Today’s workout image
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paulo 0 months ago
JP (little-)pumping corn?
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paulo 0 months ago
Acritical contrarianism can and will weaponized against you. image
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paulo 0 months ago
Little patience left for shortshighted bootlicking motherfuckers.
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paulo 0 months ago
gm β˜•οΈπŸ‘ΎπŸ€“
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paulo 0 months ago
nano banana β‰ˆ micro penis
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