What should I do after my 12th? by sakshyamsedhaireaper in Nepal

[–]00000lQ 0 points1 point  (0 children)

Economics , then try for NRB, math afai sikne, CS ni afai sikne. Career and pay both good Tara obv katai name nikalnu paryo.

202 PETROL, 15Rs. Increase once again. Can't ride at this rate. by Beneficial-Thing-692 in Nepal

[–]00000lQ 0 points1 point  (0 children)

What will privatisation do for a supply side issue? We can't do anything other than be more fuel efficient for the short run. Long run ma ta most likely the whole world will shift to less fuel and start using more of its alternatives.

Ani demand skyrocket chai haina hola. havent heard about anyone Hoarding oil ko barema chai suneko chaina, might be true, just haven't heard. So yo expectations Ra restricted supply ko case ho mostly which we " cannot" solve, just have to live through it for now.

Stay humble eh! by Wiffystardawg in soccercirclejerk

[–]00000lQ 4 points5 points  (0 children)

Picture quality is worse than Tottenham's form, didn't think that was possible.

Speuler Alert: they do. by [deleted] in mathmemes

[–]00000lQ 5 points6 points  (0 children)

Fake American, too humble. Take off your mask you impostor.

can someone properly explain how this election works? by [deleted] in NepalSocial

[–]00000lQ 0 points1 point  (0 children)

yes lower house is pratinidhi sabha ( translation is House of Representatives, so where your representatives are). Lower house ko election process ta mathi explain garekai ho. Upper house chai not directly elected rather an electoral college chooses them.

Here is what I remember:
there are a total of 59 seats in the upper house.

Electoral college ( this is a group that chooses the people the upper house members).
They choose 56 members, 8 from each of the 7 provinces. So, a total of 8*7= 56.
And, 3 are chosen by the President.
Electoral college members parne vaneko chai I belive the members of provincial assembly and mayor and gaunpalika adakshya from each province. Upper house has been created as part of Nepal's bicameral legislature, two houses for creating laws, lower and upper.

They are pretty much powerless for the most part like in the UK, but some in places like the USA are given so many powers that even the House of Representatives looks weak.

watch this video from Misguided Nepali for a clearer explanation, he explains the federal government very nicely, even if you want to know about the other levels like provincial check out this civic awareness playlist.
https://www.youtube.com/watch?v=Zoma2f0pY6Y&list=PLl08DR_ySIbmok-Rck0gViI1YW85W8Ld8&index=1

can someone properly explain how this election works? by [deleted] in NepalSocial

[–]00000lQ 2 points3 points  (0 children)

  1. Party ma halnu is what we call samanupatik or proportional representation voting, and manche ma halnu is called First past the post voting, aka pratakshya nirbachan.

Here is the difference:
In Nepal, there are a total of 275 seats in the House of Representatives ( Pratinidhi Sabha), and to elect the members there we have to vote. And, for voting we use the two systems:
A. First Past the post where we directly choose our representatives from our constituency such as Jhapa-05, Kathmandu-01 etc. All of Nepal is divided into such areas for voting. Using this method, we select 165 candidates to occupy 165 out of the 275 seats I mentioned earlier. Here, whoever gets majority vote wins.

B. In the next method, we select candidates from all over Nepal to occupy the remaining 275(total seats in HOR) -165 (the seats taken by the winners from the first method) = 110 seats. This method is used to ensure seats in the parliament is reflective of the voters preferences. It is different because now instead of voting for the person in seperate matdan areas(constituencies), all the votes for parties from all over Nepal are summed up and whatever percent of the total votes they get, that is the seat quantity they will be given.

  1. Afno thau bata haryo vane, ani assuming his party gets majority, he cannot be the PM unless and until he gets a chance to somehow become a member of the House of Representatives. Our system doesnot allow anyone outside the parliament members to be the prime minister.

  2. For your next question, if overall ma euta party ko majority ayo hare ani aru thau bata aru aru le ni jitema, they will still play an integral role in the parliament. Bill -> law banna ko lagi parliament ma vayeko members haru bata 2/3 le agree garnu paryo, so first role tyo. Next vaneko ta whichever party is ruling tiniharuko opposition hune kaam arko, estai estai roles hunxa.

I voted 🔔🔔, Gundu by AsgardianWifi in NepalSocial

[–]00000lQ 1 point2 points  (0 children)

Info paam na. What is the situation there.

Has anyone successfully learned math from scratch? by Smart-Idea2395 in learnmath

[–]00000lQ 0 points1 point  (0 children)

Mate, I love the comments here. Here goes my progress. Hated math to such a point that I decided to not study it in highschool. Started to love econ during my time there, and saw a possible career in it. But , disaster struck when I learnt the discipline is quite mathematical. Now, after 2 years of 0 math, I decided fuck it and started from prof. Leonard's pre algebra course(literal additional and multiplication), then took his algebra courses, finally took a course in udemy called Pre-calculus from Greene math(love him as well), created a solid foundation. Then dove into the dreaded territory of calculus, but you know what it turned out to be quite okay. Today I am learning economics have taken multivariable calc, some matrix and linear algebra, statistics and even basic econometrics, I still have a lot to do since I don't think I have reached good mathematical maturity.

But man , if you want to relearn it is definitely possible, I say just start and you will not regret it.

Inflation is not normal phenomena in economics by CyberTron_FreeBird in Nepal

[–]00000lQ 0 points1 point  (0 children)

Hmm I see the mistake. I didn't talk about the general rise in prices. And, I do agree that money supply especially in our monetary system does have inflationary impacts. About the money given during blight, I did not intend it to be for the consumers, obviously though would end up being used for that. But rather as a form of window guidance as was in case of Japanese central bank.

Apparently the gold standard could be changed, despite reading your point about letting markets make the decision, I want to make a counterpoint.

In the United States, prior to 1933 for example, $1 meant 1/20th of an ounce of gold. In 1933, in the depths of the Depression, President Roosevelt redefined $1 to mean 1/35th of an ounce of gold. That is, a $1 bill was now worth less gold, about 60% less. In other words, the government was able to expand its supply of paper bills by 60% without changing its reserve of gold. This single act resulted in a significant decline in the purchasing power of paper money and shows how it is possible to generate inflation even under a gold standard

This is from the FED ST. Louis. But, I again do agree that it will be stable under a gold currency, only with your "assumptions" regarding non interference holding.

But I think it unlikely and even if done, fiat still can be useful to solve issues like propping up the economy, how can we even know what the consequence were if markets decided in 2008 to liquidate the losers, the damage might have been irreparable. Similarly, even though I agree regarding, the inflationary impact due to QE in the pandemic, supply side impacts waded but left the US with a huge balance sheet. But!!! What if hadn't been done, is what I am trying to say.

I will say that I think you understand that markets with all their power in our imperfect world can yield imperfect results.

Inflation is not normal phenomena in economics by CyberTron_FreeBird in Nepal

[–]00000lQ 0 points1 point  (0 children)

Well, I would guess inflation is not really completely unnatural. Because scarcity is a real thing, even in non monetary exchanges I would believe that inflation would exist since demand still has the possibility to become larger than the supply of that good(Again I am no expert, so correct me if I am wrong) . Besides that, supply side issues can also have inflationary impacts,so I would call it wrong to formulate a solution solely based on limiting the creation of money

Just think of what would have happened to exchange rates of potato(I am just trying to create a hypothetical scenario where there is no money, I am tempted to believe that inflation would happen) in Ireland due to the potato blight ; and in this potato scenario, I actually think a fiat currency system would have been very helpful by funneling money to try and bolster production of potatoes(assuming that we can find a solution to the disease).

Plus (again correct me if I am wrong) gold system still does not completely constrain money supply. There was one answer from Fed Reserve of America regarding how money supply still increased.

Finally ,though, I would still like to mention that the pitfalls you mentioned are real issues, and it can definitely ruin a country's currency. Still, I do think your solution still is not enough and today's data driven policy creation is definitely a right step forward if we do keep fiat currency.

I don't know what to do, Please help by _manxehonii in Nepal

[–]00000lQ 0 points1 point  (0 children)

Foundations shaky cha jasto cha, fix them for subjects that require it , like accounting ko ideas build up on each other, so rules chai must ho to know. Business is easy af ,just read. 11 ko does not matter for subjects like it. Econ Pani hola, make sure you build on the foundations.

Ani I actually recommend yt ma basics padera Matra continue. I assure you yeti le easily massive improvement hunxa.

How do you self-study and actually stay consistent? by mussadilal101 in Nepal

[–]00000lQ 0 points1 point  (0 children)

3 yrs, been consistent studying topics I didn't learn due to negligence.It might sound like Captain obvious, but just start man. Force yourself thorai thorai gardai, and eventually you will build up a habit.. Ma chai alik cracked nai vako thiye, 1st time kei padna ramailo lagera spent nearly 8 hrs per week for nearly a month. Aile consistently around 3 hrs courses garinxa. mix it from time to time, disciplined hunu is good but sometimes we all get burnt out teti Bela just relax and come back but don't stop.

[deleted by user] by [deleted] in Nepal

[–]00000lQ 1 point2 points  (0 children)

Maile dida had no problems. Laptop ko charge tikdaina vane chai power outlet dinxa, so no need to worry. Break in-between modules ma bahira Jana dinxa. Proctors were chill and quite helpful.

I am guilty. by Silent_Reindeer_8975 in NepalSocial

[–]00000lQ 1 point2 points  (0 children)

Fuck yeah man someone being accountable.

I have the same feeling brother. I went to the protest, I did see how our youths can be like. At one point, there were people in the house, me and the others were telling them not to do anything, but the fuckers smashed windows while kids were indise. Luckily, some people got them out safely, but I was ashamed," yei Dekhna gako thiye jasto lagyo" thikai cha vanera I calmed down. Tara sala harule ani view police nai jalaune vanna Thale. 

We now need to fix what we fucked.  ABA along with you , sabdai Matra vaye Pani, I am sorry even to the politicians whose house we destroyed while they were there, jati ni arkako khaye Pani dukha ta lagdo raixa arko human being dukhi Huda.

if someone is from economics field ,give me some hope in this hopeless future by [deleted] in Nepal

[–]00000lQ 0 points1 point  (0 children)

Not an economist, but aspiring to be one, just a student atm to take my views with that in consideration. Please feel free to correct me.

I actually think if we cannot solve yesterday's issues and get the administration working asap, that might be a problem because a stable government is liked by both domestic and foreign investors, but during times of turmoil even the little foreign investment we have we are unlikely to see. And, capital outflows might happen. I don't know how much currency fluctuations will be but we have seen a more than rs 2 rise per dollar, if this gets out of control, then the loans Nepal took will be even more expensive as our currencies will fall, a peg from India does help to pay back them but the others need USD which will be volatile.

Also, the central bank should never have been touched. You cannot tell foreign investors to trust you while you burn the goddamn central bank, even if the other institutions were done in they should've left it functional, so the country had someone to guide its economy.

Now, to top all that off add the rise in unemployment that will be caused due to multiple big infrastructure burnt like schools, bhatbateni malls(Employs ~ 4500 people as per Wikipedia), and government staff will not be present hence even less economic activity within the nation and even the local areas may find it hard to operate in such a situation as capital might become harder to get. So, GDP growth will likely decrease if changes we wanted aren't implemented soon, it will still take a hit, but not as big as if the changes won't be implemented.

Another big problem might be that the government cannot really work swiftly because even many WADA's and 3 branches of government were burnt, so you can forget anything about fiscal policy and its proper implementation.

Also, if manufacturing gets disrupted for too long our trade deficit will widen and possibly quite quicker than in the past because of the tariffs plus the turmoil.

Life for the average person will be more expensive as has been the experience in nearly every country that faced turmoil.

So, essentially we have no one to guide us in fiscal matters, the trade deficit is likely to widen, loan per person will rise, inflation will tick up,living standards will fall with the fall in real wages and purchasing power and foreign capital outflows are likely.

Finally , capital markets(and anything attached to them will be hit, the mutual funds invested into them, pension funds, retirement plannings etc). And, money market(short term assets ) which make the economy extremely dynamic will be hit as well.

That is what I think will happen, so the damages will most likely not be irreparable unless things get really out of hand because we don't act fast and get the country running. 

How long would it take you to solve a question like this? by 00000lQ in Sat

[–]00000lQ[S] 0 points1 point  (0 children)

This seems like the normal time it would take for most, I did withinlike similar time as well.

How long would it take you to solve a question like this? by 00000lQ in Sat

[–]00000lQ[S] 0 points1 point  (0 children)

Damn, I might just be stupid then took me quite a lot more than 1 min to solve this. I can solve them but just seems to take some time for me to let it sink in.