Damus

Recent Notes

Lyn Alden · 139w
When money inflates in supply, employers have the benefit of the status quo, and wage earners have the burden of work to negotiate higher nominal wages to keep up. The effect is subtle in developing ...
Antero Törhönen profile picture
Yes, or what if with deflationary money, the whole job market becomes more gig/freelancing-based? Labor unions are a centralized option in any case. Also, workers have more freedom to choose between work and leisure, due to saving in deflationary money. So the solution kind of exists already, all of us just don’t live that life yet.
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Jameson Lopp · 161w
On the bright side, I recently read a reassuring post about why nuclear armageddon is unlikely. Yes, the Russians have a lot of nukes. But the maintenance requirements to keep a massive stockpile on ...
Antero Törhönen profile picture
Have you seen the Ukraine on Fire documentary by Oliver Stone? It’s on YouTube. Whatever you’d think of it, I think it’s good to listen to more sides to stories. Personally, I think clashes between big powers are a mess anyways, so I wouldn’t bet on one party being more sane than the other.