I have been getting bombarded with MMT by multiple social media platforms. Do people who espouse that idea think money is a resource, that money is capital? Money is access to resources and capital. It isn't resources and capital. So when people say that debt isn't a problem, that's it's merely the accounting side of money being spent into the economy, they act as adding money to the economy is a good thing. I disagree. When the economy produces resources and capital, that's good, but, when additional money is arbitrarily created into the economy, it doesn't magically create more resources and capital. Instead that new money chases existing resources and capital. Driving up their price. This is inflation. The MMT response seems to be that they can control inflation by removing money via taxation. But in doing so, they're replacing the daily purchasing decisions of 100s of millions people with a few politicians making government spending decisions on their pet projects. Politicians, of course, are big fans of that. Maybe that's why it's turning up in all my social media platforms.

@Guy Swann are there instructions somewhere on how to join the audionauts on keet?

Good morning.

Nothing reminds me more of how much I hate the government than tax filing season.

I work for a heavily regulated company that is focused on regulatory compliance. What that means is a focus on trying to prevent issues from getting into production code. To me this is an impossible standard. This standard requires human omniscience. So we spend a ridiculous amount of time looking for possible problems instead of solving known problems. I'd rather the focus was reversed: focus on fixing known problems rather than trying to prevent possible problems. But regulators have a different incentive. And they're the reason we do what we do. I need a new job.

Good morning! Flying to the beach today.

GM

I'm a 1A maximalist. The current testimony and questioning in SCOTUS is pretty terrible.

Good morning.

The end of a great day. #avgeek #aviation

I haven't figured out how to internalize Bitcoin value yet. I have to keep translating into USD to that I can comprehend how much something costs.. Is the trick to just always get paid entirely in Bitcoin so that my brain starts to relate my work into Bitcoin rather than USD?

IFR from VUJ to LUA. Just entering the Shenandoah Valley

Seems to me that there's an inverse relationship between having a busy life of responsibility and being trans. I.e. the more responsibility you have the less time you have for ponder your identity.

I work for a bank. They find my purchase of Bitcoin. And they just published a comment saying "Bitcoin is not backed by any underlying asset" and contrasted that with how wonderful CDBCs are lamenting the lack of them in the US. Of course all because traditional payment methods are environmentally expensive. I work for idiots.

About time. . "We're non-violent!" You think that physically restricting people's freedom to move is non-violent? This strategy is more effective at pissing people off than helping sway them to your cause. Even those who might be inclined to agree.

"You can't always get what you want" seems to me - a gen x - to be a basic fact of life. But many millennial and gen z fight this as if it's a tool of oppression rather than a fact. I know others have said that this is a consequence of my generation overreacting to being latch key kids and creating things like participation awards. That we created entitled kids that are unwilling to accept any reality that doesn't align with their desires. This seems likely to me. I don't know what to do about it.

Gonna start just posting random shit here. Few will see it. So...

There are some days where I feel like everyone I know is mad/annoyed/frustrated with me. And when I ask, they express surprise that I feel that way. So apparently it's all in my head. And yet...

We currently live in a short period of time where the majority of people can't express their birth with a block height.

When I'm agnostic on a contentious topic, there's very few things that will push me to the opposite side as quickly as when an advocate says, "trust me". An advocate who says, "don't trust me, here's my data" pulls me towards their side.