Takpe, you jalan2 together, oh kebetulan lalu kedai IT, oh kebetulan u pun tanya, eh mana powerbank I? Oh, tak jumpa lagi? Nvm lah, can you pay for this powerbank first? Later you find back my old one, I give you this one.

/muka tembok strategy but dia yg buat2 tak tahu first

(You will discover pretty soon this is how rich and pretend-rich ppl score freebies)

I think if trendy you mean live on twt and fb, instead of reddit even, that would explain their blind spot lmao

Have a good rest!!

I'm gonna let you in a little secret - MMT principles isn't actually that crazy and quantitative easing has been in the arsenal of first world/OECD economies for a while now. Malaysia too isn't a stranger to this imo, if anything the notion that it's crazy is new and pretty much came together when "deficit hawks" and talking about a balanced national budget like that's a sensible notion isn't laughed out of normal society (basically from the Reagan-era onwards). That's why QE as a terminology had to be invented because in that fiscal school of thought, the spectre of WW2 German hyperinflation made such things verboten. Of course this is my "I should be sleeping" muddled way of putting things.

Where you're getting concerned is applying MMT for retail banks. No, this is out of their domain. This is for entities that control the flow of money IE actual fiscal regulators (your central banks lah). No one else can print legal tender. Remember this. (ETA: if a household when audited cannot prove how they got their income, they get investigated. If a retail bank gives out loans based on fraudulent value of their reserves - which isn't the same as a central bank reserve - they are also breaking the law. Because MMT is quite literally the creation of more currency, you cannot apply commonsensical understanding of what it means to be saver or spender to this. Retail banks cannot actually inkjet laser print more money. If they have no more reserves to loan out, they cannot lend.)

Last point to at least help you reorient your thinking: remember, as a global civilization none of our currencies are backed by gold or any asset. It's fiat currency. Meaning instead of printing money only as far to the actual gold you have, the state has the authority to dictate the flow of currency. Then it battles it out in the market, which is one way to frame how inflation happens. MMT is basically saying, and if you look at today's economies there's merit to their argument, the flow of cash isn't a direct factor to increased inflation. Because it turns out there are other issues (such as elite capture of such cash that they got thru grants or subsidies that they immediately deposit into savings and "investments" instead of circulating it in the economy as intended).

Oh and the absolute last point: this is still ONLY talking about monetary policy. Financial regulations and policymaking needs one more dimension: fiscal policy. At that point is where MOF comes in, through taxation policy and other social rebalancing of wealth initiatives.

Nangka

But also, I live for the confusion so I'll definitely change my mind tmr

You don't, but you can subscribe to the comms on that instance from your instance here.

If they're already federated with monyet.cc, in the search bar search !(community)@(instance). Unless it's kbin, then it's @name@instance.

If not (or just in general), get the full http url and paste in your home instance search bar and then subscribe

Don't ask me details because I literally am just checking my fedi feeds today but the calckey rebrand has been unveiled and the new name is apparently firefish. Anyway was riffing on how it translates into Malay... Now, who's going to set up an ikanbakar.social or bellamy.rd or bella.my? (ikan bakar jalan Bellamy you'll always be famous)

I am soooooo not techy but my fedi timeline is full of techy ppl, and I thought these might be fun to share:

from this thread , Darius K (who developed the Hometown fork for Mastodon) shared this: https://wiby.me/. You can build your own search engine???

In terms of hosting your own fedi instances, there's mastohost and yunohost but these two news are interesting to me:

https://calckey.social/notes/9h3u4tz7h7z8v378 - Chris T announcing Spacehost going to be in closed beta soon. Not just for Mastodon, and in fact they're starting with support for Lemmy and Kbin. (Looking into this to pujuk my friends to try fedi via a Calckey instance)

https://mastodon.social/@pixelfed/110703980980525426 - Pixelfed is kinda like an Instagram analogue and this is announcing shared hosting plans soon for Pixelfed instances. I'm super interested as well because Pixelfed has been really working on tiered access for post privacy (mutuals/followers/specific ppl) with post comment permissions or hybrid Allowlist mode. Also looking into trying to encourage friends to join if I have my own server...

goes “pst pst pst pst” when maintaining light throttle

Is this car for cats???

Very seriously, this sounds like you have to show up at the office in person and plead your case. You better have all your scripts and a real good memang can win simpati as to why you missed the cut off date. (Will this work? Realllly depends on the discretion of the officer and/or their superior that day)

Morning. Today I jadi driver - pasar tani day

RIP my office work, but-- that's right!