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Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 07:43:52 JST Hoss Delgado

Uhhhhh, that looks bad. Are we gonna be okay Mr. Powell?
In conversation about a year ago from shitpost.cloud permalink
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- on-lain ✔ᵛᵉʳᶦᶠᶦᵉᵈ and NEETzsche like this.
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  Sexy Moon (moon@shitposter.club)'s status on Friday, 29-Dec-2023 08:59:34 JST Sexy Moon
  in reply to
  - Turdicus
  - EvilSandmich
  @Hoss @EvilSandmich @Turdicus they all paid the money back, but I wanted to see them all collapse and their executives get torn to pieces by street mobs. It's going to happen anyway so please let it happen while I can enjoy it, not when I'm homeless.
  
  In conversation about a year ago permalink
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  EvilSandmich (evilsandmich@poa.st)'s status on Friday, 29-Dec-2023 08:59:35 JST EvilSandmich
  in reply to
  - Turdicus
  @Hoss @Turdicus yeah the Fed started their cash-for-trash program back when those banks failed to try and stem the tide (so might be “paper“ losses?). its amusing to remember back to when the 08 bailout apologists were talking about what a smart move it was because “the government made money” which was stupid on its face, and even more so to everyone who saw it for the punt that it was.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 08:59:35 JST Hoss Delgado
  in reply to
  - Turdicus
  - EvilSandmich
  The Fed had no choice but to take on those banks' heavy ass bags if they wanted to keep the scam going a little longer, otherwise there would've been bank runs all over the country and the jig would finally be up.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 08:59:36 JST Hoss Delgado
  in reply to
  - Turdicus
  Actually I bet it has to do with all the regional bank failures like SVB, First Republic, and Signature Bank.
  
  In conversation about a year ago permalink
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  Turdicus (turdicus@poa.st)'s status on Friday, 29-Dec-2023 08:59:37 JST Turdicus
  in reply to
  
  @Hoss yeah but that looks so much more sudden than id expect from that and also the effects starting this year seems weird when lockdowns began in 2020 and ended mostly in 2021?
  
  In conversation about a year ago permalink
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  Turdicus (turdicus@poa.st)'s status on Friday, 29-Dec-2023 08:59:38 JST Turdicus
  in reply to
  
  @Hoss Why did it suddenly free fall
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 08:59:38 JST Hoss Delgado
  in reply to
  - Turdicus
  Good question. Latent economic consequences of the lockdowns?
  
  In conversation about a year ago permalink
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  Sexy Moon (moon@shitposter.club)'s status on Friday, 29-Dec-2023 09:15:08 JST Sexy Moon
  in reply to
  @thendrix @EvilSandmich @Turdicus @Hoss I'm getting my money OUT of the dollar if CBDC gets introduced. Not even kidding.
  
  In conversation about a year ago permalink
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  Terry Hendrix II 🏹 (thendrix@social.hendrixgames.com)'s status on Friday, 29-Dec-2023 09:15:09 JST Terry Hendrix II 🏹
  in reply to
  They kind of want banks to fail to start CBDC anyway. Should be easy considering once the tide goes out they’ll see they are undead not just naked.
  
  In conversation about a year ago permalink
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  Sexy Moon (moon@shitposter.club)'s status on Friday, 29-Dec-2023 09:18:23 JST Sexy Moon
  in reply to
  @Hoss @EvilSandmich @Turdicus @thendrix I am not convinced the idea really has legs so I am not taking the enormous risk proactively
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 09:18:24 JST Hoss Delgado
  in reply to
  >Running for the lifeboats after the ship is already sitting on the ocean floor.
  Interesting strategy.
  
  In conversation about a year ago permalink
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  Sexy Moon (moon@shitposter.club)'s status on Friday, 29-Dec-2023 09:22:31 JST Sexy Moon
  in reply to
  @Hoss @EvilSandmich @Turdicus @thendrix okay, what's your recommendation, where do I put my money, today.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 09:22:32 JST Hoss Delgado
  in reply to
  >You really think the banks are just going to replace gold and silver with paper backed by nothing? Pft, no way.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 09:23:58 JST Hoss Delgado
  in reply to
  10grans.
  
  In conversation about a year ago permalink
  
  Sexy Moon likes this.
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  Sexy Moon (moon@shitposter.club)'s status on Friday, 29-Dec-2023 09:29:02 JST Sexy Moon
  in reply to
  @Hoss @EvilSandmich @Turdicus @thendrix I'm already doing good then
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 09:29:03 JST Hoss Delgado
  in reply to
  But if you want a real answer: PMs, Bitcoin, and ammunition. Choose the ratios based on your personal preferences.
  
  In conversation about a year ago permalink
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  feld (feld@bikeshed.party)'s status on Friday, 29-Dec-2023 09:31:46 JST feld
  in reply to
  @Moon @Hoss @EvilSandmich @Turdicus This is nothing but central banker accounting games
  
  > If the Fed booked a loss in a given year, it would have no profits to remit to the Treasury. Under the Fed’s accounting rules, it would then accumulate a “deferred asset” equal to its cumulative losses. Once the Fed returned to profitability, it would retain profits to pay down the deferred asset. Only once the deferred asset had been reduced to zero – that is, once the Fed had retained earnings offsetting its earlier losses – would the Fed resume remitting profits to the Treasury. (For details, see Carpenter et al (2015)).
  
  https://www.brookings.edu/articles/what-if-the-federal-reserve-books-losses-because-of-its-quantitative-easing/
  In conversation about a year ago permalink
  Attachments
  1. Domain not in remote thumbnail source whitelist: www.brookings.edu
    
    What if the Federal Reserve books losses because of its quantitative easing? | Brookings
    
    from William B. English, Donald Kohn
    
    [author-bio] In the course of making monetary policy and issuing currency, the Federal Reserve accumulates a portfolio of Treasury and agency securities, which earn interest. Its liabilities consist primarily of currency outstanding, which of course pays no interest, deposits of the U.S. Treasury, which also pay no interest, and reserve deposits of banks and repo […]
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  Account: Politics (union@mu.zaitcev.nu)'s status on Friday, 29-Dec-2023 10:48:49 JST Account: Politics
  in reply to
  @thendrix @EvilSandmich @Turdicus @Hoss @Moon The ammo suggestion does not work because of its poor density. Do you have any idea how large a room with 1,000,000 rounds of 5.56 needs to be?
  
  Government agencies and other organizations stockpile ammo because it's feasible for them to own, maintain, and guard warehouses. But your apartment is not a warehouse.
  
  In conversation about a year ago permalink
  
  Sexy Moon likes this.
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  Terry Hendrix II 🏹 (thendrix@social.hendrixgames.com)'s status on Friday, 29-Dec-2023 10:48:50 JST Terry Hendrix II 🏹
  in reply to
  556 is good, but 8.6 might be useful depending on where you’re at in the war spectrum. 308/30-06 if you live in the woods.
  
  In conversation about a year ago permalink
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  Account: Politics (union@mu.zaitcev.nu)'s status on Friday, 29-Dec-2023 10:48:51 JST Account: Politics
  in reply to
  @Moon @EvilSandmich @Turdicus @Hoss @thendrix What's the alternative? Please don't say "physical gold".
  
  In conversation about a year ago permalink
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  ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Friday, 29-Dec-2023 12:20:47 JST ?? Humpleupagus ??
  in reply to
  That's just age, and not giving a fuck, bro. I used to be sharp as a tack. Now I don't give a fuck. What's their names can die. 😏
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:20:48 JST Hoss Delgado
  in reply to
  I attribute a lot of weird mental shit I have going on now to my stint on the antichrist pills. Occasionally I'll just totally forget the name of something or someone that I absolutely should know and simply won't be able to jog my memory until I find the right vaguely worded search query to bring up what it is and jog my memory.
  
  In conversation about a year ago permalink
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  Pawlicker (purpcat@clubcyberia.co)'s status on Friday, 29-Dec-2023 12:20:49 JST Pawlicker
  in reply to
  @Hoss @EvilSandmich @Moon @Nimbius666 @Turdicus @WashedOutGundamPilot @adiz @thendrix @union my only problem when the antidepressants were taken off is when my parents decided to bludger me with busywork at home, and my online friend circles began to absolutely shatter.
  
  Meanwhile I have a foggy memory of the past 2 years now and I can't even study etc.
  
  In conversation about a year ago permalink
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  Pawlicker (purpcat@clubcyberia.co)'s status on Friday, 29-Dec-2023 12:20:50 JST Pawlicker
  in reply to
  @Hoss @Nimbius666 @union @EvilSandmich @Turdicus @WashedOutGundamPilot @Moon @adiz @thendrix I was only on them for a month and it took seemingly a while for stuff to feel normal again
  
  It's still not as bad as this goddamn Adderall burnout is after it wears off holy shit for 2024 I'm going cold turkey.
  
  In conversation about a year ago permalink
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  Summertime for Zeon (washedoutgundampilot@poa.st)'s status on Friday, 29-Dec-2023 12:20:52 JST Summertime for Zeon
  in reply to
  @Nimbius666 @Hoss @union @EvilSandmich @Turdicus @Moon @adiz @thendrix It's not really that they WANT to die, it's just....
  well I know that technically nobody's supposed to be on drugs but it smacks of a similar scent as weed lovers when they just take everything with placid acceptance. Maybe it's the fact that everyone puts their kids on SSRIs, maybe the fact they've never ACTUALLY had to see death, probably a combo of that and more.
  But they're extremely blase about dying, at least in theory. Having an IRL close call does seem to push them back to sanity, I guess? Had one once and I had to physically drag the dude out to the plane after we landed because he would have just sat in the lounge staring at the wall for 2 more hours. He just sat there staring at it forever, shaking.
  Much to ponder
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:20:52 JST Hoss Delgado
  in reply to
  It's probably the antidepressants. I wanted to die when they put me on the antichrist pills, and while I was on them I just didn't care about anything. I don't want to die anymore even after being off them for a while, but I also don't really care if I do. When you get off those things the brain fog goes away and the emotions come back, but I think some stuff in the neural wiring remains changed forever.
  
  In conversation about a year ago permalink
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  Crispy Branzino (nimbius666@comp.lain.la)'s status on Friday, 29-Dec-2023 12:20:53 JST Crispy Branzino
  in reply to
  @Hoss @union @EvilSandmich @Turdicus @WashedOutGundamPilot @Moon @adiz @thendrix as someone who works in aerospace, this call of the void nonsense is exactly why 90% of the plane flies itself. 😒
  
  In conversation about a year ago permalink
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  Summertime for Zeon (washedoutgundampilot@poa.st)'s status on Friday, 29-Dec-2023 12:20:54 JST Summertime for Zeon
  in reply to
  @Hoss @Nimbius666 @union @EvilSandmich @Turdicus @Moon @adiz @thendrix I've found it distressing how amenable trainee kids are to dying. Doesn't seem healthy when dudes in their prime, tackling an exciting career, are like "yeah man it's okay I don't need to stress too much if I crash and die then that's cool I'm not too attached to livin anyway"
  Like that cirrus pilot who killed himself last year....but hey, there's no gov-made graph to indicate that so it's not a real indicator of societal dysfunction
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:20:54 JST Hoss Delgado
  in reply to
  I can sympathize with the zoomer trainees.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:20:55 JST Hoss Delgado
  in reply to
  I'm so used to not caring if I die once the wheels leave the ground that I actually had to remind myself that that's not how normal people feel about flying when another family member was apprehensive about booking a Spirit flight.
  
  In conversation about a year ago permalink
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  Summertime for Zeon (washedoutgundampilot@poa.st)'s status on Friday, 29-Dec-2023 12:20:57 JST Summertime for Zeon
  in reply to
  @Hoss @Nimbius666 @union @EvilSandmich @Turdicus @Moon @adiz @thendrix TBH I've only heard it when I'm bored in the sim cab and we load up something to screw around with.
  "hey think you're hot shit? Try landing on a carrier"
  But I'm not a big steel guy (yet, maybe forever)
  
  In conversation about a year ago permalink
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  Crispy Branzino (nimbius666@comp.lain.la)'s status on Friday, 29-Dec-2023 12:20:57 JST Crispy Branzino
  in reply to
  @WashedOutGundamPilot @union @EvilSandmich @Turdicus @Hoss @Moon @adiz @thendrix only the real ones who fly spirit air know 😎😎. Also send help we are trapped in a burning corn field and nobody has the $36 rescue fee.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:20:58 JST Hoss Delgado
  in reply to
  @adiz @WashedOutGundamPilot are these the sounds pilots hear in their nightmares?
  
  In conversation about a year ago permalink
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  Crispy Branzino (nimbius666@comp.lain.la)'s status on Friday, 29-Dec-2023 12:20:59 JST Crispy Branzino
  in reply to
  @thendrix @union @EvilSandmich @Turdicus @Hoss @Moon
  
  https://www.youtube.com/watch?v=RVEZSJt3dLo
  In conversation about a year ago permalink
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  1. pull up t e r r a i n
    
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  ?? Humpleupagus ?? (humpleupagus@eveningzoo.club)'s status on Friday, 29-Dec-2023 12:24:42 JST ?? Humpleupagus ??
  in reply to
  You're only in your late twenties? Yeah, ngmi. I didn't start slowing down mentally until around 40ish. I also work alone and don't have much extended contact with people other than the wife and kids, so that doesn't help keep my memory sharp as to random trivia, like what's their face's name.
  
  In conversation about a year ago permalink
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  Hoss Delgado (hoss@shitpost.cloud)'s status on Friday, 29-Dec-2023 12:24:43 JST Hoss Delgado
  in reply to
  I don't think it's age, man. People in their late twenties don't just randomly forget what mundane objects like a "tape measure" are called.
  
  In conversation about a year ago permalink

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