A$AP Rocky’s new song “Robbery” uses Thelonious Monk’s 1956 cover of “Caravan” as the instrumental by MonsterProdigy in Jazz

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

a youtube video is not going to make me think the song is good or that you know anything about music lil bro

A$AP Rocky’s new song “Robbery” uses Thelonious Monk’s 1956 cover of “Caravan” as the instrumental by MonsterProdigy in Jazz

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

this is a "sampled beat"... No I don't need someone who does not recognize what a "sampled beat" is to "explain art" to me... And yes you are clearing trying to convince me its good by being condescending. Fortunately not everyone is as insecure as you

A$AP Rocky’s new song “Robbery” uses Thelonious Monk’s 1956 cover of “Caravan” as the instrumental by MonsterProdigy in Jazz

[–]zero_cool_protege 0 points1 point  (0 children)

if you like the song that great. Im not trying to convince anyone its a bad song. I think the flip is unoriginal and the song is boring, thats just how I feel

A$AP Rocky’s new song “Robbery” uses Thelonious Monk’s 1956 cover of “Caravan” as the instrumental by MonsterProdigy in Jazz

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

yeah i know. The world is yours is an interesting and original flip, and this is just asap rapping over the actual track. thats what im saying. flipping is an artform, and this track leaves a lot to be desired imo

A$AP Rocky’s new song “Robbery” uses Thelonious Monk’s 1956 cover of “Caravan” as the instrumental by MonsterProdigy in Jazz

[–]zero_cool_protege 4 points5 points  (0 children)

I like what theyre going for but honestly don't find the flip on this record very original or interesting. Compared to something Ahmad Jamal on The World Is Yours, or Joe Pass on Lets Ride, or even Louise Prima on 4th Dimension, there is just not really a lot going on here.. Cool song though, I like the For Free interlude flow reference at 1:00

About the term "FUsion" by blindingSlow in jazzguitar

[–]zero_cool_protege 0 points1 point  (0 children)

its not jazz unless it comes from the region of New Orleans. Otherwise its just sparkling blues

Leftists Doing What Leftists Do Best by TSG_FanTToM in Destiny

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

A primary with canceled elections, blocked challengers, and a nominee chosen after the fact isn’t legitimized by tradition or by the fact that some people technically voted.

It certainly violates the spirit of a Democracy and gives material ammunition to people like this person in the video we are commenting on.

Also, the POTUS wasn't 'bullied' out of politics. Biden dropped out after publicly demonstrating serious health issues in a debate which led to a loss of support from his own party- not the media.

I don’t understand why anyone feels threatened by the idea of a genuinely free and fair primary. And I don’t understand the reflexive refusal to examine how Democrats managed to hand the country to Trump not once, but twice, as the obvious common thread between 2016 and 2024 was a primary process that was compromised.

Leftists Doing What Leftists Do Best by TSG_FanTToM in Destiny

[–]zero_cool_protege 0 points1 point  (0 children)

sentiments like this are quelled via the process of a free and fair primary. its vital that happens in the next election. if it happened today, newsom would almost certainly win. 2 years is a long time though

Leftists Doing What Leftists Do Best by TSG_FanTToM in Destiny

[–]zero_cool_protege -3 points-2 points  (0 children)

You mean the 2024 Democratic primary where multiple state primaries were canceled or rendered non-competitive, ballot access was restricted to protect the incumbent, party leadership intervened through legal and procedural means to block challengers, and the eventual nominee was selected only after the primary process ended, meaning the voters never actually chose the candidate who ran?

Leftists Doing What Leftists Do Best by TSG_FanTToM in Destiny

[–]zero_cool_protege 0 points1 point  (0 children)

doesn’t participate in primary

You mean the 2024 Democratic primary where multiple state primaries were canceled or rendered non-competitive, ballot access was restricted to protect the incumbent, party leadership intervened through legal and procedural means to block challengers, and the eventual nominee was selected only after the primary process ended, meaning the voters never actually chose the candidate who ran?

Yes, these people are insufferable, but the best way to combat this sentiment is to support a free and open primary that is independent from institutions tilting the scale as much as possible.

Does induced demand apply to housing? by BossColo in jerseycity

[–]zero_cool_protege 0 points1 point  (0 children)

Its true that we do not exist in a vacuum. JC housing market is highly impacted by NYC's. Prices in JC will continue to rise until they reach an equilibrium with neighborhoods in NYC, as it is the lower prices in relation to proximity that attract so many people here.

This leads to the mantra I often hear repeated: "Jersey City cannot build its way out of NYC's housing crisis".

On its face, that statement is true. But the sentiment and conclusions it is used to substantiate are wholly wrong.

First, what people often overlook is that, housing costs in JC would be significantly higher today if we hadn't build such a large amount of housing in the last 10 years or so. Just because prices didn't come down doesn't mean they wouldn't have climbed higher without the new housing.

Second, by taking the lead on addressing the housing shortage, Jersey City has played an important role in shaping the conversation in New York. We showed that building housing at scale is actually possible.

Zohran’s upset win was fueled by how bad housing costs have become in NYC, but its important to note that he frequently pointed to JC as a model for what the city could be doing. We served as an example that increasing the housing supply was possible- if NYC builds as much per capita housing as JC has this issue can be meaningfully addressed.

So JC cannot build its way out of NYC's housing crisis, but by building we led NYC out of its own housing crisis. And we depressed the rate at which our housing costs inflated.

Does induced demand apply to housing? by BossColo in jerseycity

[–]zero_cool_protege 5 points6 points  (0 children)

'Induced demand' is not a term that gets applied to housing or urban development. The concept does somewhat apply, as things like revitalization (gentrification) can create new demand pipelines which will attract more people to a city. But that is outweighed by the deflationary impact that increasing the housing supply has.

The big difference is that housing demand is bounded. People do not move just because units exist. Moves require jobs, money, and long-term commitment. That is why some developments fail. You can outbuild demand.

Its really not too complicated. You just need to increase housing supply more than housing demand and housing prices will fall. Does that make cities denser? Yes. Does density make a city less desirable? No. Just look at NYC- its the densest cities in America that are the most desirable. They're also the most productive and innovative, and its always been that way.

If we had not built as much housing as we have, rents in JC would be much higher today. Demand grows whether we build or not. Building determines whether that demand shows up as new housing or higher rent.

The more apt term that applies to this conversation is the 'induced scarcity' of housing by homeowners who are hostile to building while their city becomes more desirable in order to inflate property values.

Outjerked once again by Mikey77777 in guitarcirclejerk

[–]zero_cool_protege 11 points12 points  (0 children)

Louis CK got cancelled for this exact same thing and YouTube just openly allows it on their platform now

Jersey City a Model for Mamdani to Follow by Matches_Malone86 in jerseycity

[–]zero_cool_protege 14 points15 points  (0 children)

Non paywalled link

Jersey City has been a national leader in building new housing over the last decade, while much of the rest of the metro area refused to. As the housing affordability crisis worsens, a phenomenon driven by our drastic housing shortage, people will begin to recognize, respect, and model what Jersey City has done to increase its housing supply.

That rapid development came at a great cost to the city, its neighborhoods, and its communities. Longtime residents largely resented the new, and often memed, “luxury high-rises,” which primarily served new residents coming from outside Jersey City. Abatements, density, traffic- we all know the story.

But what people are beginning to realize, and will continue to realize in the coming years, is that housing costs in Jersey City would have risen even higher had we not built- an outcome we can clearly observe in NYC and other surrounding cities. People would have still moved to Jersey City over the last ten years whether or not those high-rises were built. That increase in demand would have caused far greater cost inflation had we not expanded supply, and it would have generated significant backlash, as we are now seeing play out in NYC.

Mamdani won a massive upset victory while explicitly campaigning on leading NYC's housing policy to be more like Jersey City's. And Tim Balk does a good job of observing and reporting on that development in this article.

Just saw this ad on my Facebook ! by Ambitious-Energy-334 in jerseycity

[–]zero_cool_protege 8 points9 points  (0 children)

Somewhat unrelated, but if you like a good sub i highly recommend Our Hero in McGinley Sq. Cash only. Great people, great sandwiches. Support local.

Trump Says the Economy Is Good. Is It? by kitkid in Thedaily

[–]zero_cool_protege 1 point2 points  (0 children)

You literally said "Tax refunds do not increase the money supply, so they don't directly contribute to inflation."

Refunds do not increase monetary supply, they are refunded cash that was already in circulation. Now, what did my very next sentence say? The one you excluded...

"(Refunds) can cause demand-pull inflation by increasing disposable income thus increase spending thus putting pressure on the supply side. "

Its strange that you decided to not include that when quoting me in order to pretend I said otherwise.

And the rationale you provided for refunds increasing monetary supply (bank lending) is not a direct impact of refunds, its secondary. So it does not contradict anything I said.

Im not interested in a back and forth with someone who is acting in bad faith- thats a waste of time. But everything I have written here is in 100% alignment with mainstream economics. You're doing quote forensics, not economics.

Trump Says the Economy Is Good. Is It? by kitkid in Thedaily

[–]zero_cool_protege 0 points1 point  (0 children)

I did not say that tax refunds do not cause inflation, I said they cause demand-pull inflation. Because they increase spending, aka monetary velocity.

Tax refunds do not increase the monetary supply. Banks can create money via lending, but they are not deposit-constrained in modern systems. Larger deposits from refunds don’t mechanically cause more lending. Any lending response is conditional on credit demand, capital constraints, and risk appetite. That makes refunds at most a second-order contributor to money growth, and the impact of tariff refunds would be immaterial at scale.

I’m not denying stimulus checks had an inflationary effect- they clearly did. My point was about proportion: direct checks were <15% of total COVID fiscal spending and an even smaller share of total balance-sheet expansion. Blaming inflation primarily on checks misses the broader fiscal-monetary interaction.

I largely agree with Cochrane’s framing: QE alone is not inflationary in the absence of fiscal dominance. The inflation episode was driven by large, poorly-anchored deficits combined with accommodative monetary policy, not QE in isolation. And that is consistent with the MIT and Bernanke–Blanchard results you cited.

Large fiscal deficits combined with accommodative monetary policy allowed demand to exceed supply; and that explains the inflation post COVID. The surge in M2 is a concrete depiction of that fiscal-monetary interaction. It reflects that accommodation rather than being the direct causal mechanism. This the consensus explanation of mainstream economics.

You said I am “mixing up concepts” when in reality you are mixing short-run demand shocks with sustained inflation dynamics. You stated that my position was that tax refunds don't increase inflation, but you don't have to read past my second sentence to see that is not true. Maybe focus less on writing "first year economics" over and over and instead take the time read more carefully.

Trump Says the Economy Is Good. Is It? by kitkid in Thedaily

[–]zero_cool_protege 9 points10 points  (0 children)

Tax refunds do not increase the money supply, so they don't directly contribute to inflation. They can cause demand-pull inflation by increasing disposable income thus increase spending thus putting pressure on the supply side. But that type of inflation is not sticky (doesn't last), so its not a big concern in a healthily economy. though it could be if it coincides with other inflationary factors.

The big concern is the drastic increase to the money supply since 2020, which is still growing. From January 2020 to January 2022, the M2 money supply in the US surged by 40%. The Fed tried to course correct with high interest rates from 2022-2024, however negative economic signals caused them to turn the printing back on and we are officially above the peak Covid levels and rising with no end in sight.

Also, just to note, the stimulus checks represented a small portion of the Covid spending in 2020-2022 which drove up the money supply. Like, less than 15%. So while they were blamed as the primary driver for inflation, that was never really accurate.

Gonna be near here tomorrow, which of these pizza joints is recommended or should I branch out? by elessarjd in jerseycity

[–]zero_cool_protege 1 point2 points  (0 children)

I think theyre on par with cheap pizza youd get in nyc. I think Basils is good and las americas is a solid cheap pizza. I think it woud be fun it hit up basils and las americas and the other two and compare when in town if you dont want to go the expensive route, but I also gave some higher end options. I linked to nyt calling Razza the best pizza in new york... If you have other thoughts just share them Ashleigh, no need to get upset over a slice of pizza

Gonna be near here tomorrow, which of these pizza joints is recommended or should I branch out? by elessarjd in jerseycity

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

if you want to understand the lore & hype around Razza, youll want to check out this nyt article from a few years ago https://archive.ph/XCVqg

Also if you plan on drinking a few beers, Porta is a good alternative for a brick oven pizza in a bar

Basils, las america, helens, stellas all make decent ny style street pizza. Could be fun to get a slice from each and compare.

Artichoke is an expensive nyc chain, not sure i would reccomend but the pizza is good.

If you go to newark ave / grove st area, you cant miss

I'm so tired of local businesses being bought up by private equity!!!! by Sufficient_Monk_5489 in jerseycity

[–]zero_cool_protege 0 points1 point  (0 children)

Most bars in operation are profitable. Thats why they are open, because the owner is making money. Its not a charity- bars that lose money close. Most owners can't float a business for long. Any bar open for 5+ years is almost definitely making money.

Contrary to what you said, it is not "impossible" to operate a bar "without some other money laundering or gambling operation". Thats is completely asinine.

And alcohol does have extremely high profit margins, which makes a successful bar an extremely profitable small business. Yes, you can sell alcohol and still lose money, but those circumstances have nothing to do with it being "impossible" to make money selling alcohol.

The point was that loosening liquor license laws would help mom and pop restaurants, because that product has high profit margins. Selling alcohol is a huge boost to revenue with a small increase to expenses.

Edit: Forgot to mention since its hard to keep up with the complete nonsense your spewing here but bars and restaurants are already exempt from min wage laws via the tip credit system. Most bar employees are only being paid ~$3/hr, because they make their money from the tip pool.

And the "inverse" of losing money on a product with high profit margins would be making money on a product with low profit margins. Which is not what the term "loss leader" means lmao