spurious balance confirmations
@gencoimportco.bsky.social
the more times i switch social media platforms the less time i spend on social media
i use a password manager so there's a 0% chance i forget passwords. i love when a site says "nope, wrong password". no, you assholes forgot MY password, i didn't forget my password. my machine doesn't make mistakes.
November 27, 2025 at 5:26 PM
i use a password manager so there's a 0% chance i forget passwords. i love when a site says "nope, wrong password". no, you assholes forgot MY password, i didn't forget my password. my machine doesn't make mistakes.
i saved it because you said you don't really like it
November 27, 2025 at 3:49 AM
i saved it because you said you don't really like it
how many antichrists does thiel think are alive right now?
November 26, 2025 at 12:27 PM
how many antichrists does thiel think are alive right now?
ok sweet potatoes are bad all the time in everything and the only reason they feature in thanksgiving is because they're orange, the official color of thanksgiving
November 25, 2025 at 11:15 PM
ok sweet potatoes are bad all the time in everything and the only reason they feature in thanksgiving is because they're orange, the official color of thanksgiving
yeah. isn't that what mike green is saying? the price of "everything else" got too expensive relative to food.
the bigger chunk of the 1960s era basket (everything else) increased in price at a much faster rate than food. so i think the poverty line is moving down more than it "should"
the bigger chunk of the 1960s era basket (everything else) increased in price at a much faster rate than food. so i think the poverty line is moving down more than it "should"
November 25, 2025 at 7:30 PM
yeah. isn't that what mike green is saying? the price of "everything else" got too expensive relative to food.
the bigger chunk of the 1960s era basket (everything else) increased in price at a much faster rate than food. so i think the poverty line is moving down more than it "should"
the bigger chunk of the 1960s era basket (everything else) increased in price at a much faster rate than food. so i think the poverty line is moving down more than it "should"
i'm not an inflation scholar. i have never considered this prior to yesterday. i'm probably wrong about this? but i'm trying to learn.
November 25, 2025 at 3:47 PM
i'm not an inflation scholar. i have never considered this prior to yesterday. i'm probably wrong about this? but i'm trying to learn.
so instead of 330+670 = 1000, you now have
165+1005=1170
you can't just say "multiply everything by inflation" and have it equal out at the end because the weights of each bucket are different (due to the 1/3 food thing orshansky said originally)
165+1005=1170
you can't just say "multiply everything by inflation" and have it equal out at the end because the weights of each bucket are different (due to the 1/3 food thing orshansky said originally)
November 25, 2025 at 3:46 PM
so instead of 330+670 = 1000, you now have
165+1005=1170
you can't just say "multiply everything by inflation" and have it equal out at the end because the weights of each bucket are different (due to the 1/3 food thing orshansky said originally)
165+1005=1170
you can't just say "multiply everything by inflation" and have it equal out at the end because the weights of each bucket are different (due to the 1/3 food thing orshansky said originally)
what if, however, the inflation on food is relatively low, let's say 5.
and the inflation on "everything else" is relatively high, let's say 15. this averages to 10, yes.
but the WEIGHT applied to the bigger "everything else" bucket is higher.
and the inflation on "everything else" is relatively high, let's say 15. this averages to 10, yes.
but the WEIGHT applied to the bigger "everything else" bucket is higher.
November 25, 2025 at 3:46 PM
what if, however, the inflation on food is relatively low, let's say 5.
and the inflation on "everything else" is relatively high, let's say 15. this averages to 10, yes.
but the WEIGHT applied to the bigger "everything else" bucket is higher.
and the inflation on "everything else" is relatively high, let's say 15. this averages to 10, yes.
but the WEIGHT applied to the bigger "everything else" bucket is higher.
so on a straight inflation-adjusted level, it's $330+$670 = $1000. and you're right, you're at the same level.
but that assumes the rate of inflation has been the same for "food" + "everything else" (which in this example, i set at 10
but that assumes the rate of inflation has been the same for "food" + "everything else" (which in this example, i set at 10
November 25, 2025 at 3:46 PM
so on a straight inflation-adjusted level, it's $330+$670 = $1000. and you're right, you're at the same level.
but that assumes the rate of inflation has been the same for "food" + "everything else" (which in this example, i set at 10
but that assumes the rate of inflation has been the same for "food" + "everything else" (which in this example, i set at 10
i'm just some guy trying to figure this out so i'm not arguing. i think this is a weighted average problem.
let's say in 1960, you spend $33 on food and $67 on everything else.
that inflation-adjusts by a factor of ~10 to get to 2025 dollars.
let's say in 1960, you spend $33 on food and $67 on everything else.
that inflation-adjusts by a factor of ~10 to get to 2025 dollars.
November 25, 2025 at 3:46 PM
i'm just some guy trying to figure this out so i'm not arguing. i think this is a weighted average problem.
let's say in 1960, you spend $33 on food and $67 on everything else.
that inflation-adjusts by a factor of ~10 to get to 2025 dollars.
let's say in 1960, you spend $33 on food and $67 on everything else.
that inflation-adjusts by a factor of ~10 to get to 2025 dollars.
because, as stated in the post, food represents a much lower % of total family budget than it did in the past.
November 25, 2025 at 3:09 PM
because, as stated in the post, food represents a much lower % of total family budget than it did in the past.
the NUMBERS are pretty silly but the fact that poverty is defined as 3x the cost to feed the family and that hasn't changed? that's crazy and clearly no longer accurate
November 25, 2025 at 3:02 PM
the NUMBERS are pretty silly but the fact that poverty is defined as 3x the cost to feed the family and that hasn't changed? that's crazy and clearly no longer accurate
yeah this has to be ALL the cash flow, not just the AI-related cash flow
i, too, love to spend billions on the part of my business that does not actually generate very much revenue
i, too, love to spend billions on the part of my business that does not actually generate very much revenue
November 25, 2025 at 12:32 PM
yeah this has to be ALL the cash flow, not just the AI-related cash flow
i, too, love to spend billions on the part of my business that does not actually generate very much revenue
i, too, love to spend billions on the part of my business that does not actually generate very much revenue
i'm surprised the NYT was able to type those words without vomiting all over their keyboards. no one loves corpo-dems more than teh NYT
November 25, 2025 at 4:55 AM
i'm surprised the NYT was able to type those words without vomiting all over their keyboards. no one loves corpo-dems more than teh NYT
big balls has it
November 23, 2025 at 2:27 PM
big balls has it
yeah this is silly. i'll take a sloth. i'll just walk a mile or two and then take a nap for the rest of the day.
November 22, 2025 at 1:09 PM
yeah this is silly. i'll take a sloth. i'll just walk a mile or two and then take a nap for the rest of the day.
should be a pretty short newsletter since you don't really do anything
November 21, 2025 at 3:33 PM
should be a pretty short newsletter since you don't really do anything
lol he knows the Endurance was trapped in ice for like two years and sunk, right?
November 21, 2025 at 3:11 PM
lol he knows the Endurance was trapped in ice for like two years and sunk, right?
how??? they only go back and forth? did they get lost?
November 20, 2025 at 3:40 AM
how??? they only go back and forth? did they get lost?
my kid is 1000x happier, more successful, more well-liked, and less troubled on ADHD medication. i'm sure there are cases where that's not true, but it's been world changing for him.
November 20, 2025 at 2:55 AM
my kid is 1000x happier, more successful, more well-liked, and less troubled on ADHD medication. i'm sure there are cases where that's not true, but it's been world changing for him.
the irony of having "defi" in your display name and then talking about how crypto has no masters and thus won't adopt important security protocols. amazing.
November 19, 2025 at 5:37 PM
the irony of having "defi" in your display name and then talking about how crypto has no masters and thus won't adopt important security protocols. amazing.