stationary_melon

Buy Crypto without KYC

1y 5mon ago in privacy@lemmy.ml

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

My son (9 yrs old) used plain JavaScript to make a game, and wants your feedback

1y 6mon ago in hackernews@lemmy.bestiver.se from www.armaansahni.com

It's a very nice game. Congrats to Armaan for being such a talented coder!

Modern Monetary Theory

1y 6mon ago in leftymemes@lemmy.dbzer0.com

Elaborate, please

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).

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.

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.

Best harem books?

1y 6mon ago in books@lemmy.ml

Also known as Don Giovanni/Don Juan

The Trickster of Seville and the Stone Guest

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

Permanently Deleted

1y 7mon ago in linux@lemmy.ml

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

Sorry, I don't make the rules.

What are the best open file formats?

1y 9mon ago in libre_culture@lemmy.ml