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September 11, 2019





It's new2 me.

The sky is blue (putting that out there for you, Iggy).


Today and every day, we pledge to honor our history, to treasure our liberty, to uplift our communities, to live up to our values, to prove worthy of our heroes, and above all, to NEVER FORGET. #Honor911 pic.twitter.com/3xbEvl92py

— Donald J. Trump (@realDonaldTrump) September 11, 2019

Video at link.

Ignatz Ratzkiwatzki

I think you're saying my point about AI was overly obvious but I'm not sure because you're being underly obvious. :)


I posted this at the end of the dead thread (2 threads back I guess), about negative interest rates.

But if foreigners start stashing stacks of $1,000 bills in safe-deposit boxes that would be really really bad for us. And if the negative interest rate is more than the rental fee of the safe-deposit box that's what they'll do.

Melinda would probably know better than I, but my sense is that it's institutional money that's supporting the negative interest rates. It's easy for me to hold cash, so why would I ever accept a negative interest rate. But for entities that have $millions in cash, they seem to be willing to pay a bit to "store" it in the form of government securities with slightly negative interest rates. They could buy US government securities but then they face exchange rate risk.

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