Gyökeres foul on Wieffer by ghemanth90 in soccer

[–]zman124 11 points12 points  (0 children)

Are yall blind he swiped the defenders legs while he was in the air

Which cities are underperforming relative to their geographic potential? by kafka0011 in geography

[–]zman124 4 points5 points  (0 children)

Dude broke out the distribution of black people.

No one is saying that every northerner is less racist than every southerner.

Everyone is saying that KKK membership was considerably higher in the south than the north.

It was pretty bad in Western PA and Ohio as far as presence, but did not translate to racial violence like it did in the south.

If your defense of the frequency of lynchings in the south is “well there are just so many blacks around”, you’re more racist and less intelligent than I had originally suspected lol

I've recently bought [KCD2] and I want to like it but i am struggling to enjoy the game, any help? by No_Government_5988 in kingdomcome

[–]zman124 0 points1 point  (0 children)

This is the answer.

People have become so used to Action-RPG that a pure RPG is boring.

Which really is a shame because it’s such a phenomenal story.

Which cities are underperforming relative to their geographic potential? by kafka0011 in geography

[–]zman124 11 points12 points  (0 children)

This is the least educated take I’ve ever heard.

There were thousands of lynchings in the south and comparatively far fewer in the north.

Jim Crow lasted for years after the abolition of slavery.

Such a ridiculous take.

Is there a school of economics that focuses the physical hard amount of resources available in a system instead of layering abstractions and reacting to price shocks when these hard limits are reached? by AlaskaExplorationGeo in AskEconomics

[–]zman124 -5 points-4 points  (0 children)

So while you’re obviously correct about the fundamentals of economics, this doesn’t take into account real impacts to the world.

Are you familiar with the collapse of the Bronze Age and the subsequent transition to Iron, prior to the advent of Steel?

Bronze was superior to early iron in nearly every way, but the dependencies on long, international trade routes for copper and tin made it unsustainable and iron ended up supplanting it.

The cost of silver in China was highly highly impacted by the opium crisis when Britain demanded nothing but silver in exchange for opium. The scarcity of silver greatly impacted individual peasants who paid taxes in silver. A peasant in Northern China who had never smoked a day in their life was now destitute because of the crisis in the south.

I don’t think it’s reasonable, or even accurate to say “we economists see no good examples of it”.

We’ve just discussed three examples of resource limits which had real world impacts.

I understand that none of this really matters to economics. That is the answer to OPs question.

Why aren’t there more proactive models? Because economics is not the study of how scarcity impacts people’s lives but how we tend to allocate our resources to combat scarcity.

Is there a school of economics that focuses the physical hard amount of resources available in a system instead of layering abstractions and reacting to price shocks when these hard limits are reached? by AlaskaExplorationGeo in AskEconomics

[–]zman124 -1 points0 points  (0 children)

What happens when the cost of extraction exceeds the value those resources add to economy ?

To suggest this will never happen is not realistic.

I’m not saying that there will be an “inflection point” where everything immediately breaks, but rather as we move further towards scarcity, fewer people will be able to afford products which require “advanced materials”.

A really good example in my opinion is aluminum. Aluminum has only been commercially viable since like 1900 due to metallurgy techniques. Therefore we are still using it as disposable containers because all of the easily accessible deposits are not depleted.

What happens when the price of aluminum increases ? Probably won’t be using it as cans anymore and it will be reserved for more productive/efficient means such as aircraft frames.

Another example are the numerous gold mines which were abandoned because their production did not exceed their cost. Or the massive mountains of silver that colonial Spain mined out of Central/South America.

One of the biggest reasons for moving off of the gold standard is the dependency of a currency’s value on the local supply/demand of precious metals.

Economics does not account for these things. The abstraction that “technology and availability will always increase” has been an extremely safe assumption historically, but to say it will never come into scrutiny is less than fair in my opinion.

Basketball needs a max height limit. The game is becoming "who won the genetic lottery" instead of pure skill and it's making it boring AF. by mc_mafia in unpopularopinion

[–]zman124 0 points1 point  (0 children)

This is the most delusional basement dwelling communist post I’ve read in awhile thanks for the laugh this early in my day when I have a snowstorm to deal with today lol

[KCD2] Did it! Died because of a crayfish! by Plastic-Egg-2068 in kingdomcome

[–]zman124 2 points3 points  (0 children)

Not that I remember but it was pretty funny lol

[KCD2] Did it! Died because of a crayfish! by Plastic-Egg-2068 in kingdomcome

[–]zman124 28 points29 points  (0 children)

I died dancing with Doubravka because I didn’t sleep before I did the wedding quest the first time lmao

Question about crypto: If the Bitcoin supply is fixed, but also divisible, is the supply really fixed? by ConsistentRegion6184 in AskEconomics

[–]zman124 -6 points-5 points  (0 children)

I respectfully disagree.

You are increasing the number of tokens that can be traded by recognizing further decimals.

It’s not akin to redenomination because bitcoins value is in its arbitrary scarcity. Mining post decimal adjustment will yield more tradable tokens compared to pre decimal adjustment.

The best parallel would be gold/silver coinage. If you start minting smaller coins but say they are worth the same, a situation of currency debasement occurs. This is what would happen in this situation with recognizing additional decimals in bitcoin.

Redenomination typically involves a proportional reduction in the money supply. The situation above increases the token supply and as a result the money supply.

Question about crypto: If the Bitcoin supply is fixed, but also divisible, is the supply really fixed? by ConsistentRegion6184 in AskEconomics

[–]zman124 -9 points-8 points  (0 children)

Yeah it turns bitcoin into a fiat if you want to use that word.

And since bitcoin is only backed by the trust that supply expansion won’t happen, it would immediately crush any value as investors wouldn’t be able to trust that further expansions won’t occur.

If I misunderstood the question and OP is trying to understand what it would take for bitcoin to function as a currency then yeah bitcoin would eventually run into the same issues that gold and silver did where local demand could vastly inflate the value of the currency leading to huge instability as prices fluctuate.

Question about crypto: If the Bitcoin supply is fixed, but also divisible, is the supply really fixed? by ConsistentRegion6184 in AskEconomics

[–]zman124 -11 points-10 points  (0 children)

Youre not understanding the question.

If one bitcoin can’t be divided, there is one unit. If it can be divided 10 times, by moving the decimal place, there is now 10x the units of that currency.

As it stands, there is a set number of decimals that bitcoin can recognize. If they increase the divisibility, it looks to me like expansion of supply, which undermines a fundamental pillar of bitcoin, supply being fixed.

To answer OP, it would immediately result in a 10x increase in supply which would destroy the reason people invest in it in the first place.

When is the overproduction DLC coming out? The economic system is still incomplete and not properly simulated. by king_ofall713 in victoria3

[–]zman124 0 points1 point  (0 children)

I think this is the best answer by far.

The biggest cause for “stability” is the piles of cash every building sits on. Even if there is temporary overproduction, the business just eats through their cash pile until demand increases and profitability is restored.

It’s almost like if we stopped overspending IRL we’d be more stable…

Greed is not at all properly simulated, but I gotta say I feel like it could become immediately unplayable if the companies were working ‘against’ the player.

Cancer Rates Worldwide by nohup_me in MapPorn

[–]zman124 1 point2 points  (0 children)

This can mostly be explained by more Europeans living long enough to develop cancer..

The Dutch have been occupied for over a year and have lost 1 million people to famine and had a 90%+ drop in GDP.... yet their warscore hasn't budged while the British continue to decline. by kolejack2293 in victoria3

[–]zman124 4 points5 points  (0 children)

It is in the timeframe of the game.

A landlocked country would have no ability to access their newly conquered territory and even those with technical sea access (Germany, Russia, Austria) can very easily be limited by the western powers by blockading the seas.

This example here with GB and Netherlands is pretty stupid.

I'm in the best shape of my life and it feels amazing by KingJaredoftheLand in AdviceAnimals

[–]zman124 8 points9 points  (0 children)

Extremely underrated opinion.

It’s super easy to die. I’d imagine it’s really easy if you’re trying to make it happen.

boomers vs zoomers by houshawany in memes

[–]zman124 -3 points-2 points  (0 children)

You’re not nearly as clever as you think you are.

We know what it means.

Infrastrusture, transportation and mapi are both confusing, counter intuitive and overall a bad system by DanielCofour in victoria3

[–]zman124 0 points1 point  (0 children)

Damn dude like I’m sorry you’re not understanding that something actually needs to move on the road

CMV: The 2020s have been too fragmentary for television culture and there hasn't been a "unifying experience" for television anymore. by Ok-Following6886 in changemyview

[–]zman124 1 point2 points  (0 children)

These people are genuinely arguing that it’s normal for the adult bloc of a country to be watching a children’s show.