• 8 Posts
  • 20 Comments
Joined 1 year ago
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Cake day: June 9th, 2023

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  • Holy shit, you’re the goverment. You can print money.

    Honestly (and unfortunately) our political leaders do not have the financial literacy or expertise to understand contemporary monetary policy or how our economy works. Frankly, most people do not understand this system because it is made to be intentionally complex and opaque. Nobody has the objective, overall view on all of the interrelated actors/factors that comprise this system. It’s hard for people to accept the fact that our own governments do not fully understand how our economies work, but it’s a fact. This is not just a Trudeau problem.

    For example, in a process that is (maybe?) possible and maddeningly complicated (at least in my understanding, which is barely adequate enough to type out here), the Treasury can collaborate with the Bank of Canada to adjust its target reserve funds rate, mitigate the knock-on effects to its Tax and Loan accounts to protect its reserve positions, adopt a non-neutral monetary financing policy (and get the Feds to mitigate the consequences, if they can, to our foreign relations, which would be severe) or use other tricks, increase the monetary financing rate to pre-1982 rates (e.g., around 20-25%), get the BoC to ‘print’ what economists call ‘high-powered money’ and follow Canada’s somewhat unique process of indirectly funding government deficit spending (in this case to to build low-cost housing), all the while trying to balance out the liabilities and fighting like hell against run-away inflation.

    Do you understand those steps, the benefits/risks of each, how they relate to one another, and how to implement them? Again, I only barely understand the approach I’ve tried to summarize above, each aspect of which economists of various ideological stripes may/will reject as totally unworkable. I’m certain that I’ve missed critical steps/considerations; I’m just not smart enough to know what I don’t yet know. You can bet Chrystia Freeland, our Minister of Finance, doesn’t understand this process. I bet there isn’t a single member of the Conservative Party of Canada caucus who understands this process. I doubt there’s more than a handful of MPs in Parliament who could even credibly describe the relationship and interrelations between the government and the Bank of Canada, much less how to accomplish the above scenario.

    Our government simply does not have the technical expertise required to fix this problem.








  • “We have new people whose life experiences have been radically different than ours. And so for those of us who have been here for decades or a long time, it gives us an insight into how people lived in other parts of the world, and now they’re with us and we want to learn about them. So we are one united community.”

    This is such a positive take from someone in leadership re: new immigration to their community. It can be difficult to manage unexpected population growth and the federal/provincial governments offer poor support to growing communities across Canada. Mr. Morrison and his neighbours deserve lots of credit and respect for welcoming new neighbours who’ve been through a lot. They sound like good people.







  • “In my view, a lot of the general associations we have with drinking in public are negative, like drunkenness in public, drinking and driving, like drunken hoodlums, all of these things — which make the news, but aren’t necessarily the only way people consume alcohol in public.”

    Dr. Malleck quoted here gets close to the source of the problem, which is classism.

    Most mayors, city councilors, etc. are doing well financially and they own their own houses (as well as cottages, investment properties, etc.), so the idea of going to a public park to drink outside with friends seems unusual to them. They view public parks as community spaces, but only within their personal perspectives as homeowners, and therefore what is allowed in parks is restricted to class-based moral sensibilities. It’s easy for Councilor So-and-So to bring her laptop to her backyard garden patio for another Zoom meeting. The line worker who just wants to sit outside with her family after 12 hours inside sorting chicken meat for Councilor So-and-So’s BBQ that weekend… she was an afterthought when it comes to these kinds of public space bylaws.

    This disconnect between how municipal leaders and many apartment/condo-dwelling constituents live also explains the conflicts during the pandemic when people wanted to leave the isolation of their apartments for fresh air, but homeowner leaders (with their backyards, cottage retreats, ‘working’ holidays, etc.) told them to go back inside and threatened them with fines.

    We do we have these bylaws? Ignorance rooted in class.






  • Hello friend,

    Most people see results after they establish and stick with a meditation routine. If you need help, Kurzgesagt has a useful video on establishing habits and routines: https://www.youtube.com/watch?v=75d_29QWELk

    Here’s a simple meditation technique to start, which requires no special equipment, reading/training, etc. All you need is to sit or stand in a comfortable position that does not make you feel sleepy. The technique is counting breaths and it is the first step for many different meditation traditions.

    Your goal is to count your own breaths from 1-10 in your mind without losing count. This is a repetitive exercise like gym reps, but your goal is to NOT ZONE OUT. Your target is 10: breathe in and count ‘1’ in your mind, breathe out and count ‘2’… breathe in again and count ‘3’, breathe out and count ‘4’. If you lose track of your count, you just reset to ‘1’ and start again.

    At the beginning, you will lose track of your count a lot. Some people take a week or more to successfully complete the first set, much less multiple sets in a row. Our minds naturally wander. Sometimes you don’t even realize you lost count until you think, “Wait, what breath am I on?” That is okay… that is the point! If you keep practicing this technique you will begin to train your mind to focus and not wander, which is a major step to conquering procrastination. Once you develop this simple form of mental self-control you will be able to demonstrate other forms of self-control.

    Let me know if you want to chat more about it!



  • A big part of the frustration for me is them pretending like they are still doing the right thing by continuing to provide it.

    Agree completely! Reddit has never been in the business of ‘doing the right thing’ and these API fees are clearly designed to discourage third-party developers. Reddit leadership do not seem to understand what drives the value of their own product and have badly misread both their short- and long-term futures, so the experiment will likely end in failure.


  • My remark is probably too harsh. I meant that companies developing for-profit products based on another company’s product/infrastructure, which they do not own, will be subject to whatever changes the latter decides to make. Any company that develops such a product should understand and take that into consideration. That said, I think reddit made a mistake re: its pricing for API access because the site benefits from that collaboration more than is harmed. However, if reddit wants to cut off its nose to spite its face they’re entitled to do so, just as we’re entitled to leave.