oliverfdavey.bsky.social
Architect, MBA, project manager, armchair money theorist
Zurich, Switzerland
http://theaccountingview.blogspot.com
123 posts
66 followers
282 following
Active Commenter
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A good old duel might have done the trick. Or Russian Roulette.
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www.lowyinstitute.org/the-interpre...
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Bari weiss nicht sehr viel...
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Meine Vermutung ist, dass hier die Stimme 'frustrierter' Daheimgebliebener gesprochen hat. Leute, die, trotz Herausforderungen nicht in die Ballungszentren oder dem Geld / Jobs nach weggezogen sind. Im Selbstbild, wenn auch aus einer wahrgenommenen Not heraus, sind dies (lokal)Patrioten.
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M.E. wäre der Anteil weggezogener Einheimischer (also negative, v.a. innerdeutsche Migration) eine interessante Bezugsgrösse.
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Or they move to Switzerland. Our specialty. Attracting disgruntled billionaires, tax optimizers and large corps.
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Oh, they're far from extinct. I hear it's a generational thing more than a geographical one.
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Let's hope so.
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The Russians have a comparative advantage in terms of the cost of human lives.
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That obviously helped, then :-).
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makes more sense to me now.
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seems an awfully wide gap between the two sides. Will there be lapels or is it designed to be buttoned to the top?
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I see, that's an answer to the Q 'what are interest rates to me as an investor?' But not really to 'what are interest rates per se', which is more of a macro question, imo. Interesting Qs would be: how do they come about, what do they reflect, what's their purpose and hence how high should they be?
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Could you elaborate? The term 'cost of money' makes little sense to me. Not sure changing 'money' for 'time' solves that. Interest rates are an expression of perceived uncertainty or credibility, perhaps? And perceived uncertainty usually rises the further into the future one looks.
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Pitcairn, definitely Pitcairn.
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expensive, prone to wild mood swings and frankly overrated, them doors. Also not clear who's grandma is buried in the wall behind the cupboard.
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So again, no excuse, just wondering as this (separate seats) has not happened to me yet. Maybe across the aisle or behind each other, but not in totally different places...
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There is a distinct possibility that both the father AND the airline seating policy are irresponsible. Ultimately responsibility lies with the father ofc. And, according to the account, he managed not even to do what little was possible given the circumstances.
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Not to excuse the father, but which sh*thole of an airline gives separated seats to a father & his 5yr old daughter?
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what's with the $500 - 10'000 category? Those aren't actual denominations, are they?
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youtu.be/oW7nxUi278U
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She obvs doesn't share her office with anyone else. In my last building project this was known as the bami goreng problem. Warm food is only to be consumed in designated, closed off, ventilated spaces.
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youtu.be/RGL6R58MGYI
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It can happen to you, it can happen to me, it can happen to everyone eventually...
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Anyway, @anttij.bsky.social and I plan on doing a post about this soon. I.e. 2026, probably :-). I layed out some related thoughts previously: theaccountingview.blogspot.com/2022/02/mone...
Not the world's most readable post, admittedly.
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The bank's obligation is merely to manage those relationships. The terms assets & liabilities were called 'deve dare' (shall give) and 'deve avere' (shall have) respectively in Genoan times e.g.. They are still called 'soll' & 'haben' in German. 4/
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They equate accounting units (bank money) with economic goods the bank (the entity) owes. But this isn't the proper conclusion. Rather, it is the debtors, say mortgagers, who are the entities obliged to transfer economic resources, e.g. their labour, which 'depositors' may claim with their credits.
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Kumhof et al agree with the general definition of: 'a liability is a present obligation of the entity to transfer an economic resource as a result of past events' and follow that 'Depositing funds at a commercial bank creates a legal relationship of creditor (customer) and debtor (banker)'. 2/
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The post & the Kumhof paper mentioned in it sum up the general confusion surrounding CB accounting. Instead of looking for ways in which accounting does not cover one's preconceived notion of what CBs are, it would be more fruitful to ask whether one has actually understood accounting. 1/
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😂
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Do as you must. But Ima have to unequivocally side with Metheny on this matter. Music knows no fouler stench than the sharp sting in the air that wafts from Kenny's g-string... ;-)
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ontherecord.co/2020/05/30/p...
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soon to be 'formerly free country'
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Sad that the bar has sunk so low. Having less than 99% of citizens wholeheartedly commit to rule of law AND democracy is a complete (education) failure for a free country, if you ask me.
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Autonomous adaptation, as it is lovingly known here in Switzerland. They decide and we autonomously decide to adopt the same laws and regulations. Ever so sovereign.
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How do I quote?
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A social media site in which only blocked profiles can communicate with themselves.
OnlyBans
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There are very thoughtful, intelligent and interesting conservatives I very much miss here. Can we not entice them, without shlepping in the Nazis? Moderation, I believe it's called.
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Since when is it 'in vogue'?
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That includes many economists.
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I think any fiscal rule should forbid trying to fix past errors by not committing to viable future investment opportunities. It can't work, neither conceptually nor in practice.
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Colin is the missing elf? Santa will be delighted to see him here!
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Habs gefunden. 1.548 Mio...
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am Rechner einloggen? Noch nie gemacht. Ich schreib mal ein Fax an den blauen Himmel. :-)
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Also ich krieg das Ding nicht. Vielleicht gibts das nur < 10%? Bin ich vermutlich nicht...
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Why buy a minibar, then?