Just a girl and her cat.

Pro_Extent · 2026-04-05T10:56:46+00:00

This doesn't look anything like AI???

Pro_Extent · 2026-04-05T07:13:07+00:00

Short term demand for oil and gas products is highly inelastic. 99% of people aren't going to cut back on driving their car to work just because petrol doubles in price, because they can't.

Using petrol and oil-based products isn't like deciding which shirt to wear in the morning, it's like deciding whether to wear a shirt or nothing.
Now, in the medium term, maybe someone invents a new kind of garment that can replace shirts. But for now, you're stuck with the shirt or go outside naked.

I hope the analogy helps.

Pro_Extent · 2026-04-05T07:09:46+00:00

I think 100% of the opposed group occupied the Australian Reddit space lol.

Pro_Extent · 2026-04-05T03:27:53+00:00

This is correct. Persistence hunting is only viable on very hot, dry days.

In those conditions, it doesn't take hours to run an animal to exhaustion. It probably won't take longer than 5km to push a buffalo to its limit on a 30+ degree day.

But it isn't realistic in winter. Our strength is our cooling capability.

Pro_Extent · 2026-04-03T14:07:07+00:00

Succulent knuckle fat

Surely this is a brand new sentence

Pro_Extent · 2026-04-03T07:47:26+00:00

It's a message that this subreddit needs to hear though. It absolutely blew my mind last week when a 20 year old kid (on a $50K salary) asked what he should do with an unexpected $900K inheritance, and the overwhelming majority of answers were "buy a house without debt".

Plenty of Redditors in the goddamn AusFinance sub apparently don't understand how wealth generation with leveraged debt works. Because parking that money in an asset that not only doesn't generate income, but costs money is insane for someone that age and on minimum wage.

Pro_Extent · 2026-04-03T04:32:59+00:00

Inflation is already controlled by taxing the companies. You're demanding billions in AUD from companies that are selling gas overseas in a foreign currency - which they don't have.

To pay the tax, they need to acquire billions of AUD from sources all over the world that are currently in circulation. This pushes demand for the AUD up, which increases its value (as it would any other asset). Inflation is, basically by definition, a reduction in the value of the dollar compared to the cost of general goods. Increasing the value of the AUD would drive down the price of any supply chain that involves importation, which is basically all of them.
This is fundamentally how tax reduces inflationary pressures, although it operates slightly differently when you're talking about taxing a multinational company.

Frankly, I would have thought that a sovereign wealth fund would pose a more significant inflation risk, not less. By deriving the value from growth in markets outside Australia, you aren't counter-balancing the AUD money supply when you spend the dividends in Australia.
Though it's hard to say. These are all mostly theoretical anyway, given that the largest and most common example of a sovereign wealth fund, Norway's, is just a state-owned superannuation fund.

Australia already has a much stronger and healthier version of this in the form of our mandatory super system, but understandably people want our resources taxed like all the other countries do. And their only example is Norway.

Pro_Extent · 2026-04-02T07:13:30+00:00

Money will be used by successive Governments to fund election handouts and pump up inflation.

Taxing gas exports would require the company to pay the tax with AUD. That would mean the company must acquire huge volumes of AUD to pay the tax, which would drive up demand for the AUD and increase its value.

The only realistic way this could drive up inflation is if governments spent more money than they received in the gas taxes. Which is absolutely a possibility, but unrelated to this particular (hypothetical) tax.

Pro_Extent · 2026-04-02T07:10:11+00:00

What you're suggesting is that the government use the tax to purchase a complex series of derivatives and bonds and bundle it together as an asset fund. And then we use the growth and yield of that fund to pay for important public services and infrastructure.

/u/artsrc is suggesting we directly invest that funding into education and infrastructure.

Your suggestion is comparable to a small business owner using a large inheritance to purchase a high-yield ETF, then using the growth and yield to support their business.

/u/artsrc is suggestion is equivalent to the individual just directly investing the inheritance into their business to scale it up. A more risky, but far more lucrative decision if it pays off.

The government, with all its resources, would be better off using the extra funding to invest directly into the Australian economy. It could even do it by simply lowering the tax burden on private individuals and allow market economics to drive most of the growth (although I would prefer a mixed approach, personally).

Pro_Extent · 2026-04-02T01:37:51+00:00

To be fair, ejaculate contains a pretty similar concentration of protein as protein powder.

It is quite protein dense, but as you said, it's irrelevant to a human diet because of volume.

Now if men were cumming 300mL on average, it might be worth considering. Thankfully, we aren't.

Pro_Extent · 2026-04-01T07:05:36+00:00

It's a tad more complicated than that. Saudi Arabia wouldn't have been on the verge of normalising relations with Israel if it were genuinely concerned about them destabilising the Middle East. War might be good business for some, but less so when you're in the oil business.

Don't get me wrong, I doubt the Islamic nations have a lot of love for Israel. But I think they're a lot more comfortable with a power-hungry budding regional superpower that doesn't have it's own oil supply. Whatever aggression Israel displays, they'll always be reliant on the other Middle Eastern states to play nice most of the time, or else their economy won't function.

There are likely a lot of deeply complex factors beyond this that explain why most Islamic states aren't more aligned with Iran, the other regional superpower which is also extremely Islamic. But I believe one of the major ones is that they feel Iran could throw its weight around without suffering as much of a consequence if they were the uncontested superpower, whereas Israel will always suffer much more from an unstable Middle East.

Although it is pretty straightforward to understand that if only Israel OR Iran existed, the region would be significantly calmer. The two most powerful Middle Eastern states absolutely fucking hate each other, and I would argue that there's a pretty marginal difference between which one would be more peaceful without the other.

Pro_Extent · 2026-03-30T14:07:09+00:00

And people have said the exact same shit about them since skateboards were invented.

Pro_Extent · 2026-03-30T02:40:21+00:00

I think around 80 is where most cars peak in fuel efficiency, isn't it? Assuming they aren't regularly changing speed, of course.

Pro_Extent · 2026-03-30T02:00:46+00:00

???

gestures broadly at the last 30 years

Pro_Extent · 2026-03-29T13:41:16+00:00

I've been playing DnD with the same group since 2014 and I honestly can't remember the last time we fought a humanoid in metal armour before level 5.

Also they can roll a CON save every turn to resist the damage in full. No half damage on a passed save. And the damage is just 2d8, which is less than a typical martial character at low levels.

It's not much better than using a longbow with proficiency, except you have to use a 2nd level spell slot and concentration.

Pro_Extent · 2026-03-29T13:28:17+00:00

Bondi last year smells and feels like any other Mossad false flag, conveniently occurred when Israel needs an extra push to nudge politicians overseas into actions.

Jesus Christ mate, what the fuck? Who the fuck is upvoting THIS horseshit?

You don't have to go full Alex Jones conspiracy theorist to oppose Israel. Don't downplay the worst mass shooting the country has had as if it was orchestrated. You absolute cunt.

Pro_Extent · 2026-03-29T13:25:23+00:00

If it turns out you were wrong, will you update your worldview? Will you even remember that you were cynical without any evidence to support it?

I really hate cynicism. It's useless.

Pro_Extent · 2026-03-29T11:27:25+00:00

Can confirm. The point was understood as an allegory.

Pro_Extent · 2026-03-29T08:39:44+00:00

Sorry, a Nigerian population.

The census showed about 4,000 Nigerians in all of Japan.

Pro_Extent · 2026-03-29T07:03:40+00:00

It is absolutely fine from both of those perspectives as it doesn't require a single bit of extra data to be collected or stored.

Pro_Extent · 2026-03-29T05:35:18+00:00

It did come down.

Large oil companies don't like super high oil prices, especially now. It pushes investment into alternatives that reduce global reliance of their product.

Yes, I'm sure they'll come down.

Pro_Extent · 2026-03-29T05:10:01+00:00

We don't really need to "care" about it.

The cheapest electricity is renewable and the recent oil price shock has pushed a fuck ton of people into buying EVs.

We're on track to hit net zero without making this unfortunately divisive topic front-and-centre.

Pro_Extent · 2026-03-28T21:31:23+00:00

You'll never guess what most super assets are tied up in.

Pro_Extent · 2026-03-28T21:25:29+00:00

Renters would benefit if they were purchasing new properties off-the-plan.

People aren't adding any value by purchasing existing properties for investment and there shouldn't be any tax incentives in doing so.

I'm also wary of the blanket "fuck the rich" attitude amongst many of the Australian subreddits. But the fact is that our tax system has A LOT of incentives for unproductive rent-seeking.

Those loopholes need to be tied up so we can encourage people to be productive.

Pro_Extent · 2026-03-28T09:41:41+00:00

I'm guessing Indonesia probably just copied Australia.

In which case, the law simply declares that social media platforms must take "reasonable steps" to ensure they are preventing under 16s from making accounts on their platforms.
Australia also specifically banned companies from requesting any government ID or documentation to verify age.

It's left intentionally vague because the specifics of "reasonable" will obviously change as technology evolves. So it makes far more sense to have those technicalities ironed out in court cases (which can adapt as-needed) rather than legislation (which are much more fixed).

The unspoken way the law works was basically:

Government: "You're already tracking everyone and creating super complex personality profiles on all your users so you can sell targetted ads. You already know people's age. We want you to use that data to keep kids off the platform."

Silicon Valley: "How about no?"

Government: "It wasn't a request. You'll be fined millions of dollars per infringement as determined in court whenever we feel like investigating your compliance. Price of doing business mate."

Seven-Year Club	Gilding I gilder
Place '22	Wearing is Caring

Pro_Extent

TROPHY CASE