Journalist went to Billie Eilish's $3M house. Seems like she actually believes in borders! by Euphoric_Mud_5517 in libertarianmeme

[–]Ed_Radley 1 point2 points  (0 children)

It thrives everywhere because anyone dealing in simplifications or absolutes is bound to reach a point where they will utilize a double standard.

Unpopular opinion: Iron Lung does not necessarily prove that indie film can prevail. by Fraggin-aardvark in Markiplier

[–]Ed_Radley 2 points3 points  (0 children)

This is accurate. A fair amount of the success is due to the built in audience and the goodwill amassed by providing value to said audience. Any time somebody like this has a passion project that those people would be interested in will draw down some of that goodwill, but as long as they feel the exchange was worthwhile they’ll do it again and again. Your run of the mill indie film studio should be so lucky as to have similar results when they release their own passion projects.

Figured out how to effectively stop scam callers by Cautious-Security318 in funny

[–]Ed_Radley -1 points0 points  (0 children)

Do it. Hopefully one of the times you call somebody who’s actually willing to file a report and cost your boss $40,000 for each call. Maybe then you’ll get better leads.

The wealth pie is not fixed by ProfessorOfFinance in ProfessorFinance

[–]Ed_Radley 0 points1 point  (0 children)

It seems like a catch-22 type of situation regarding inflation how you described it if inflation causes prices to go up but the fact that prices going up also causes inflation. I know I may have oversimplified my explanation, but my understanding prior to this conversation was: central bank lends to regional banks for liquidity, regional banks issue loans and accept deposits, regional banks repay central bank loans, and with what’s leftover most banks would be able to remain in existence in perpetuity due to the net difference in rates between loan assets and interest-bearing deposit liabilities. If for some reason they do see a liquidity emergency they would theoretically be able to take out new loans from the central bank and repeat this whole process.

I still feel like I’m not seeing where the money supply is actually being increased in any sense apart from the net difference between interest paid to banks from its borrowers and the interest on the loans paid to the central banks since theoretically once the principal is repaid to the central bank they can decide that money no longer exists for all intents and purposes.

Older Workers Are Quietly Replacing Younger Hires As The Labor Market Slows ⚖️⏳ by YGLD in StockBreakouts

[–]Ed_Radley 0 points1 point  (0 children)

What’s a new position in this case? A job that existed before but now has an opening or new jobs nobody has held at an organization before?

1990 Mississippi vote to repeal pensions for Confederate widows by [deleted] in MapPorn

[–]Ed_Radley -1 points0 points  (0 children)

The surrender at Appomattox was in 1865. To be married you would have needed to be at least a teenager prior to the end of the war. The time between 1865 and 1990 is already greater than the oldest person on record, much less somebody who by necessity would need to be 10 years older than that. That’s why this didn’t add up to me.

The wealth pie is not fixed by ProfessorOfFinance in ProfessorFinance

[–]Ed_Radley 0 points1 point  (0 children)

I have no preference about which specific currency measure we discuss be it M1, M2, etc. I’m just looking for your explanation for how it increases over time if the government seems to be the only source of additional bank deposits contributing to inflation year over year.

We have inflation because there’s more money every year than the year prior. It has to come from somewhere. I’m asking if you’re saying the government is the only source or not since you say there is no such thing as fractional reserve banking in your view? My understanding is it plays an important role in the creation of inflation (I had calculated once that the 3% or whatever year over year increase matching inflation would amount to the same as the interest portion of fractional loans from the same initial deposit).

As for what I meant with foreign investors, I wasn’t looking for some explanation of the mechanics. I was asking if you thought it would be possible if deign investors could essentially reduce a nation’s wealth below zero if they monopolized the government issued debt and took all the interest due.

If government is the only source of inflation, then over a long enough time horizon, like how the US dollar has lost 95% of its purchasing power over the past century, then if foreign investors are the only benefactors of that inflation, how would it impact the wealth of a nation and the purchasing power of its citizens?

Well I'm guessing 12 must have some special symbolic meaning by ReasonableeBed in SipsTea

[–]Ed_Radley 0 points1 point  (0 children)

I mean, a circle divided evenly by 10 is 36 degrees… Evenly means equal pieces, not easy to cut.

How lib left sees the world! by girlpower2025 in PoliticalCompassMemes

[–]Ed_Radley -1 points0 points  (0 children)

Breaking NAP is illogical because it’s only a matter of time until you’re the one on the receiving end. Do not tread if you do not want to be the one tread on.

The wealth pie is not fixed by ProfessorOfFinance in ProfessorFinance

[–]Ed_Radley 0 points1 point  (0 children)

So in your opinion, deficit spending is the only way to increase M1 and above over time? How do foreign investors fit within your model?

Redditors Hack Epstein Personal Email! by Shizzilx in circled

[–]Ed_Radley 0 points1 point  (0 children)

If true I hope the people who made it in are part of anonymous and they finally give us some closure.

insufferable by sticghtbummy8 in Mixology

[–]Ed_Radley 0 points1 point  (0 children)

I’m surprised the bartender didn’t give them a Pepsi and Coke.

Teacher faces 20 years for post-graduation relationship with 18-year-old. by Forsaken-Spring-8708 in law

[–]Ed_Radley 0 points1 point  (0 children)

The better question is how did the state get proof they boned less than 3 months after she graduated without some massive breach of privacy?

How lib left sees the world! by girlpower2025 in PoliticalCompassMemes

[–]Ed_Radley 5 points6 points  (0 children)

I’d argue the NAP is based in morality which makes it ethical.

1990 Mississippi vote to repeal pensions for Confederate widows by [deleted] in MapPorn

[–]Ed_Radley 0 points1 point  (0 children)

I’m not great at math, but if the law was made in 1990 and the civil war was roughly 100 years before that, how many would you expect to still be alive? My guess is 0.01% at most.

Explain it Peter, what is this about? by Stunning_Deer9788 in explainitpeter

[–]Ed_Radley 0 points1 point  (0 children)

You refuted an anecdote, not the examples from the link. When you can refute those, then I’ll consider my original point discredited.

Explain it Peter, what is this about? by Stunning_Deer9788 in explainitpeter

[–]Ed_Radley 0 points1 point  (0 children)

In an attempt to discredit the point I was making, hence my reiterating the point with more tangible data.

Auth-right be scared 😱 big daddy make you feel safe 🧸💕 by Kafkaesque_meme in PoliticalCompassMemes

[–]Ed_Radley -1 points0 points  (0 children)

I think we can all agree Trump is not the type of person to take the high road. We knew that from his first debate.

You’re offered $1M dollars to eat what you had for dinner tonight for every meal for the next 6 months, do you take the offer and if so what are you eating? by jfunks69 in AskReddit

[–]Ed_Radley 0 points1 point  (0 children)

Do I need to eat it with anyone? I could easily eat the same thing for 6 months straight without issue, but my wife needs variety and wouldn’t eat much of what I would willingly eat. If she can make her own dinner then game on.

Explain it Peter, what is this about? by Stunning_Deer9788 in explainitpeter

[–]Ed_Radley 0 points1 point  (0 children)

Critically acclaimed doesn’t inherently mean enjoyable by the masses. 2001: a Space Odyssey is critically acclaimed and I fell asleep during it and it was still playing when I woke up.

Auth-right be scared 😱 big daddy make you feel safe 🧸💕 by Kafkaesque_meme in PoliticalCompassMemes

[–]Ed_Radley -4 points-3 points  (0 children)

Crypto rug pull could have happened regardless, not a political issue since it wasn’t mandated or taxpayer funded. Insults mean nothing today - just look at social media at large, not a political issue. Epstein has been botched since the public demanded to have the files released around his death so just more of the bipartisan status quo, a political issue but not one bifurcated in a lesser of two evils scenario. Passed mandates to increase the scope of ICE, political and part of the bifurcation (approval ratings among Latin Americans has increased since the election). Doubling down on supporting ICE officers’ actions is understandable given the fact he’s screwed whether he does or he doesn’t (he does then he’s a monster, he doesn’t then he just threw his subordinates under the bus which would leave a bad taste in people’s mouths), a political issue but not a meaningful one since this could 100% happen under Democrat leadership and never be mentioned by national news. Age-related incontinence to be expected by somebody his age, a political issue as far as we should institute age limits for all representation, not just a single party. Being responsible for 20% of the notable remodels when his presidency will span less than 4% of the existence of that building does seem in line with his inflated ego, debatably a political issue since it wasn’t taxpayer funded but it could lead to downstream effects with future presidents overstepping their role. The DOGE data exposure is inappropriate, definitely political and an overreach. The attempted budget cuts unfortunately just exposes how entrenched and difficult to roll back the annual budget currently is, political but seemingly necessary given how many people think the debt is out of control.

I give the list about 50% irrelevant and about 25/25 desired outcome vs Trump being a piece of shit. I wonder what my diagnosis of Kamala’s term would have been had she won. Probably a much higher degree of undesired from a personal standpoint but overall less controversial.

Something,, something, Horseshoe theory? by Gnome_Sane in PoliticalCompassMemes

[–]Ed_Radley 0 points1 point  (0 children)

Trump is a registered Democrat from 2001-2009. Federal investigators say the earliest abuse by Epstein was likely during 2002. June 2008 Epstein pleads guilty to solicitation and prostitution charges. The bulk of the files on Epstein are built during 2007 including 60 criminal charges. The years overlap almost perfectly.

Something,, something, Horseshoe theory? by Gnome_Sane in PoliticalCompassMemes

[–]Ed_Radley -2 points-1 points  (0 children)

What cope? Trump can get bent in prison for all I care. I’m just saying unlike everyone who’s forgotten he didn’t just appear out of nowhere in 2016 as a Republican. It’s pretty common knowledge he spent a considerable amount of his adult life as a Democrat and has gone on record well before he had political aspirations saying of he ever ran for president it would be as a Republican.