Carter was a conservative in most ways. He was the first neoliberal to win office and many of the policy agendas that he set both parties continue to pursue

https://time.com/6338234/jimmy-carter-conservative-president/

I live in a port city crawling with rats and mice. They are so many that it’s common to see freshly dead rodents on the bike trail after they were hit by e bikes.

What’s crazy is how quickly they get scavenged by crows and squirrels. They dissappear almost immediately.

Snippets are a great use.

I use StableCode on my phone as a programming tutor for learning Python. It is outstanding in both speed and in accuracy for this task. I have it generate definitions which I copy and paste into Anki the flashcard app. Whenever I’m on a bus or airplane I just start studying. Wish that it could also quiz me interactively.

There are a number of open weight open source models out there with all their data sourced from the public domain. Look up BLOOM and Falcon. There are others.

Many smokers don’t know that nicotine salt (or nicsalt) is horrendously addictive compared to freebase nicotine. And nicsalt is the primary form of nicotine in tobacco and some vapes. Cigarette companies sneakily add more to the rolling paper to make cigarettes more addictive.

It is orders of magnitude more difficult quitting nicsalt. It’s why many people who successfully quit recommend starting with stronger freebase nicotine vapes or lower nicsalt and then trying to scale back from there eventually moving to freebase.

Nicsalt is so addictive you can be going into withdrawal while vaping freebase nicotine.

Edit: gums use Nicotine polacrilex which was engineered to increase bioavailability over freebase. Most gums and patches are hard to quit because manufacturers offer no guidance on tapering dosage although you figured this out on your own. You’re smart.

That is a very interesting observation. The anthropologists Davids Graeber and Wengrow studied how human groups had been controlled by charismatic leadership going back into prehistory. These groups could become authoritarian dictatorships which wage wars against their neighbors, engage in slavery, and human sacrifice. Alternatively when they were egalitarian and controlled by democratic institutions they were the opposite. More peaceful and equal.

Everything you wrote lined up with the article on wikipedia so if you got something wrong I didn’t see it.

I’m referring to the book “This Time Is Different: Eight Centuries of Financial Folly” the title of which mocks the oft repeated defense of bubble investors:

https://www.nber.org/system/files/working_papers/w13882/w13882.pdf

But their point is that every single asset bubble ended up popping, despite the protections instituted by banks and governments. They also point out that the bubbles have been getting bigger and bigger

I’m not sure what you mean, but no, I don’t think that and I didn’t write that but i can understand the confusion because it’s not well known how QE works. Some forms of QE prevent crashes. The Fed can achieve this by taking the bank’s failing debt instrument off the books, and swapping it for a t bill.

Sorry I appreciate your comment. So I read (erroneously?) that central bankers had done away with the reserve ratio in the fractional reserve banking article. And that just seems like a reckless thing to do given how prone to bubbles our economy is.

One of the main points in “this time is different” is that despite the math, we are experiencing greater and greater asset bubbles and at no point in world history were things actually different.

Thanks for the reply. I hope you don’t let my spelling or use of ex nihilo (this is the exact language used by the fed and economists, I didn’t just make it up) turn you off, because at a policy level they are pursuing policies that keep real estate prices high.

This seems like an already failed banking model which places lenders at the front of the pack and will lead to only larger asset bubbles. Japan’s Kiretsu system of banking led to banks taking out loans to cover up their own investment losses as they had put their money into an asset bubble which collapsed. Banks then committed wholesale fraud by disguising such losses on their books. The Japanese government then used quantitative easing. They create money ex nihilo, swap the money for a t bill, then they bought the toxic assets by giving t bills to the bank. The bank doesn’t sell the t bill, they merely collect interest on it.

The main effect is a system in which bubbles are never popped and consumers suffer a declining standard of living in order to keep asset prices high.