stationary_melon

joined 2 years ago
[–] stationary_melon@lemmy.ml 7 points 2 years ago

Eylenburgh's tech website has a guide on how to buy monero, although I haven't tried it myself

[–] stationary_melon@lemmy.ml 1 points 2 years ago

Elaborate, please

[–] stationary_melon@lemmy.ml 11 points 2 years ago

The money supply grows because banks are only forced to keep some of their deposits as reserves. Everything else can be lend away. The formula for the amount of money they create (money multiplier) is as follows:

a = physical currency/bank deposits w = reserves/deposit accounts MM = 1+a/w+a

You can interprete w as the rate of reserves. So if we simplify the equation by assuming theres no cash it becomes:

MM = 1/w

So if the reserve ratio is 0.1, the MM would be 10, meaning that the money supply will be 10 times bigger than the monetary base (cash + reserves).

[–] stationary_melon@lemmy.ml 0 points 2 years ago (3 children)

Why choose inflation when you can just as easily raise other taxes?

I'm sure you agree with me that increasing taxes on inheritance, property, capital gains or really high income would be more efficient than printing money.

[–] stationary_melon@lemmy.ml 6 points 2 years ago (13 children)

What is supposed to be the argument for the "genius IQ" opinion? I'm not claiming inflation is this big bad monster some people make it out to be, but frankly, this meme seems like It's advocating for relying on inflation as a way for the state to fund itself without any consequences.

[–] stationary_melon@lemmy.ml 1 points 2 years ago

Also known as Don Giovanni/Don Juan

[–] stationary_melon@lemmy.ml 1 points 2 years ago (1 children)

The Trickster of Seville and the Stone Guest

[–] stationary_melon@lemmy.ml 31 points 2 years ago

"If people say edge is bad they should consider thinking about your windows 11 os lol"

[–] stationary_melon@lemmy.ml 5 points 2 years ago

If you aren't compiling your own shoes you are legally forbidden to use Linux.

Sorry, I don't make the rules.

[–] stationary_melon@lemmy.ml 2 points 2 years ago

Ive been using Gnome with Fedora ever since I switched to Linux. So far it has been smooth sailing. I would say the choice of distro doesn't matter that much, both Mint and Fedora are very easy to use. Just pick one with the Desktop Environment you like the most. If you are not sure, test them on a Virtual Machine.

[–] stationary_melon@lemmy.ml 7 points 2 years ago

You do you, but it's better if everyone donates a bit of money to a lot of projects than donating a ton of money to a single project. It's not like a single individual with a normal salary could fund a project alone anyways.

Let's suppose that 10 people have 10 dollars to give each, and there are 4 projects which they all use: Project A is the most important for 7 people, so they recieve $70. Then comes project B with $20 and C with $10. Project D gets no donations.

But if we ponderate them by average importance it would be: A=0.5, B=0.3, C=0.15 and D=0.05. If they had split their donations, the allocation of funding would have been way more efficient.

[–] stationary_melon@lemmy.ml 11 points 2 years ago (1 children)

Since you're interested in traveling, I would say french. It is spoken in a very wide variety of countries all over the world, you have a lot of resources to learn it and it's related to the other languages to know. Other languages might have more speakers, but if youre just interested in the visiting a lot of wholly different places, it is probably the best one.

 

As far as I know, open file formats have become the standard for basically all industries and types of files. However, some of them, like the Microsoft Office Formats, are still proprietary. I have seen Open Office documents and Ogg being recommended for Office documents and audio files, respectively, but I'm somewhat confused about other types of formats like video.

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