I thought bumping up the prime rate slowed consumer spending. But the recent price hikes are because supply is hosed (oil, tariffs), not that demand has been bidding up prices. So how is this supposed to help?

It doesn't matter whether it is a supply shock or a demand shock, the correct response to inflation is to raise rates, which reduces economic activity and in this situation the reduced activity reduces demand for oil, which is what is needed in an environment in which we have less oil than normal.

Although it is the third world that is going to take the hit, the wealthy nations will bid up the price of oil to ensure they continue to get it, the poorer nations will be priced out. What is an annoyance in the west -- say needing to delay a major purchase or postpone a vacation or reduce expenses - translates to famine and deindustrialization in the global south.

Maybe it's not such a good idea to be waging war against major resource exporting nations, the US and Europe are now sanctioning about half of the global resource exporting nations, and the only benefit of this is higher prices in our domestic economies and China coming in to sign trade deals for discounted Russian and Iranian oil.

KSA also needs to lay off the Houthis and lift the embargo, it's long past time that they give up trying to control who runs Yemen.

I mean, if predicting market behaviour was that simple, I'd be very rich by now. This is another unique moment, the beginning of the end of an empire possibly. Some unusual things are going to happen and it'll be tricky to predict reliably.

Best thing we can hope for here is Trump sees an obvious way out of this: return the economy to a predicable machine, reduce spending, tax the ultra wealthy, and ditch tariffs. But I don't think much of that's likely to occur.

We're in unchartered territory in many ways. Good luck.

So where's the kickstarter for an open and private television manufacturing project? Who is building the Framework of open and sustainable TVs?

Four years to vest anywhere, what's the math to leave so early?

The vested shares are unlikely to be worth anything, so they are essentially just working for a salary.

There's a fairly liquid secondary market for OpenAI stock - see: Forge, Hiive, EquityZen

Doesn’t a sale require approval by OpenAI?

Looks like you're right - I've only been on the buy side of this equation. The company has regular tender offers but that's significantly less liquid than my earlier comment implied.

Outrageously untrue. So untrue there's a name for it.

Perhaps everything is fine and this person and the bunch of other recent high profile OpenAI departures just really hate money.

There’s a gulf of possibility between. I’m just disputing the idea they’re working only for paychecks because there are no secondary options for their vested stock.

Of all the problems that governments should be working on, this is among the least important.

try PARETO

Kinda fun but the approach today is strictly oneshot. Waiting for agentswithwallets to post.

Some of the better surviving meetups focus less on a common tool than on a shared problem (like regulatory capture) or a colaborative activity (let's update our neighborhood's Wikipedia related pages).

As the cost of AI answers/work continues to soar 10x then another 10x, and you pay another 10x for corrected better answers, price pressure should slow slop's spew.

Heh. Posted on X.

Nah, then someone can still beat it out of you. Instead encode and tattoo it to a hamster with a cage that will auto open if you haven't check in in 24 hours. When the adversary is holding you, the hamster will escape and the neighbor's cat will take care of the rest.

Academic skills are a vector for cite injection.