This is actually known as the Drowning Child problem, and its most important implication is that any billionaire is "extremely evil."
The parent comment would still be correct though, and billionaires are just filling a power vacuum, nothing wrong about that. I genuinely believe U.S. is also just filling the power vacuum & mostly has done nothing wrong, similar to other superpowers. There's nothing inherently wrong about letting the child drown unless you are the child & can protest about your own drowning, and there's nothing wrong with filling the power vacuum, because the universe has determined that someone ought to do it sooner or later. And we cannot do anything about this.
I define problem/issue/similar words in the following way: a thing that, if deemed existent by me, is also my own fault & realistically fixable by my self.
You're near-certainly right that pegging in dollars would means some rate, let's for simplicity presume a constant ratio, between dollars and what it's begged to.
I think crux is what happens if we model two different currencies, one of which is begged, and the price of te commodity in each.
If after the conversion rate you can get cheap gold, that keeps golds value low and pegged currency's value high, I would guess.
Again I think restricting impots in the commodity is necessary to maintain supply.
It's a bidirectional relationship. The value of gold actually remained stable when the U.S. dollar was pegged to it. I view that as evidence for pegging stabilizing the value of the commodity it is pegged to. However is an simplification, because share of the dollar relative to other currencies policies has changed. I also only believe the system I depicted would work, if the exports of the commodity were restricted so that no one or only the central bank could sell it abroad.
You're right. How can any state with nuke-backed right to issue ultimatums slowly get weakened like that? If Russia states limits, and convinces U.S. that they will launch if the limits are crossed, and these limits are within the threat budget of Russia, can they not make U.S. agree to things (and vice versa)?
If you can always move to smaller denominations, deflation would not be an issue:
If the price of an apple at t_0 is $2 and (using arbitrary symbol for the other currency) §2, and at t_1 $20=§2, then at t_1 citiziens in the nation using § as currency would pay §0.2 for an apple, et cetera.
The other currency would have to use scientific notation, for cash.
(if deflation wasn't the the cause of that crisis, this is not an answer).
I don't know the best rule to use for the process, since there seems to be many potential combinations of rules for it, but the idea of forced-gesselization is that if you buy a house with the bad money from foreign gray markets dealer, when you try to sell the house, you are taxed as if house and the bad money you bought it (this type of situation would be gray area, as such requiring intervention and appraisal of actual value by government body, which is not to be desired; but such practice also would not have to be commonplace) with had been in the demurraged currency, e.g. for the duration of the ownership.
Normally we can think of sales value to mean value - tax, where tax = g(ownership_duration), where g is gesselization function, which would preferably remain same over time but doesn't have to be linear or simply value or function of time as long as it is simply enough high schooler can solve for it without a computer.
The distinction between government and crypto currencies is wrong one to make.
I fail to see how gold-pegged, gasselized (demurraged at constant rate until they vanish down to UBI limit, except from government/CB wallets, with other assets also demurraged when sold/bought via cap gains style taxes), constant supply cryptocurrency would not be in fact better than the dollar and the euro and the yen, and it would be both inflation & deflation resistant.
What psychedelic/mind-altering/weird coaching prompts do you use?
I have separate system prompts for taboo-teaching, excessive-pedanticism, excessive-toxicity, excessive-praise, et cetera.
My general rules is anything & everything humans would never ever do, but that would somehow allow me to explore altered states of consciousness, ways of thinking, my mind, the world, better. Something to make me smarter from the experience of the chat.
Malgorhitms are. We could, if we didn't confuse use it with LoTR entities, have belgorhitms, which would not only be recommended by Kahneman & Tversky, but also recommend by intelligence analysts, the historical opposites of corporate analysts, minions Belegron.
Algorhitms, "changing how one thinks" is real, and ultimately good. The social changes, when they start expecting you to Anki your work contract (which would, if the Anki was monitored, be highly legally effective against you); or requiring you know Kellyed Bayesian decision theory because that's a prequsite for getting reasonably priced insurance, or simply, surviving, that is unknown. I give 37.7% confidence Elon Musk was gaming in 2025 U.S. politics using construct akin to a Bayesian decision tree.
It would be great if one didn't have to change how one thinks, whether they delve into CLRS or TikTok.
My grandparent used consider global bubbles as the norm, likely because his own parents never told him that local, company-limited bubble are actually the norm. Fortunately my own parents are more agreeable with how I manage my finances, and my whole family – including the 380-minutes old grand-grandparents – is still alive & well. We still see each other, despite the occasional confusion my use of the English plurals causes us (not to mention everyone's own ups & downs, and the weird reproductive mechanisms of our larger genus within the world).
Now that you mentioned, "as highly conscious and self aware person", I observe the wave like up and down breathing effective, which I did not pay attention to while on the site, as a cost-effect. The interesting part is I am not always sure if I am actually waving from breathing, of if this is the illusion, and it was for half minute certainly both. This is the type of thing one remembers a decade afterwards.
I don't know if this is AI, it looks like it, but could well not be.
I believe this isn't "just fun" but having told the AI to not to make it work for meme effect on HN. Obviously AI could fix easily, including but not limited to the music itself.
I don't live in Germany but hate internet banking and de-letterization and other "digitalization" because it's first step in erosion of rights. The second step is forbidding the offline version.
Eventually the safest eay to be a human will be to hide from the best AI by mimicking the lesser & more quantitious AI mimicking the homo simulacra.
Example: Big AI outbids energy providers because its owners are hunting some person whose computational activity they do not like. If you consume unusually lots of energy because you are eccentric human & not having AI system guide your power use, you will stand out. The big AI might rationally buy you out from electricity because you didn't mimic how normal people's AI has them do their power expenses.
This is the problem of gnosis vs doxa. Regardless of one's intelligence, since the priors (or rather posteriors as at least I as Bayesian thinker would really look at paper X and then look at who made it (how much funding they had), where, and the context (is this obvious marketing) and compute from overly safe approximation it's BS, the actual probability that tou call priors) actually are reliable & you cannot know what you cannot know & Postman.
So then you are hands in the air, trying to get others internalize, a discussion culture where you actually can as normal thing claim or are by default assumed to be probably superficial.
Even if someone knows lots about foundational things like philosophy & what they want etc., statements have a certain feel to it regardless of mathematical truthness, and at some point you will do the value benefit calculation that you might be superficial but you should learn about others topics first because you know you can for less time gain more information that is valuable from them.
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Pearl's causality as far as I see is best modelled with cdr car + NBG as embedded agency foundations + computability in the mix + signal theory (time as discrete evolution from one state in the chain to another; signal theory is relevant when you have multiple agents or the environment & PARTS of you run at different clocks or something more complex) i.e. part of formal embedded agency. Doesn't feel too meaningful without it except epistemologically (close what can we know type questions) where causality might be a good lens, especially to filter inquiries.
I use many SOPs daily. The principle is that if you can forget everything about it but the name, obtain the documentation, and relearn it, you should do about the same thing as without.
Though you can find SOPs similar to modern from 1950s USSR docs, the U.S. Navy ones like folding SOP or military shower SOP are especially pragmatic.
The parent comment would still be correct though, and billionaires are just filling a power vacuum, nothing wrong about that. I genuinely believe U.S. is also just filling the power vacuum & mostly has done nothing wrong, similar to other superpowers. There's nothing inherently wrong about letting the child drown unless you are the child & can protest about your own drowning, and there's nothing wrong with filling the power vacuum, because the universe has determined that someone ought to do it sooner or later. And we cannot do anything about this.
I define problem/issue/similar words in the following way: a thing that, if deemed existent by me, is also my own fault & realistically fixable by my self.