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thehumanmeat

The article couldn't be less true. Treasuries are the deepest and most liquid market by far. Foreign CBs hold them so that they can liquidate them when it becomes hard to find dollars. Why else do foreign CBs want to constantly open up swap lines to us when they are hurting?
There was never a petro-anything. It's always been and is the Eurodollar global reserve currency. https://en.wikipedia.org/wiki/Eurodollar
Exactly. It's always been posturing.
Same thing happened with hidden Antarctica bases in 2018.
Re:De-dollarization: Is the US dollar losing its dominance? on Tuesday January 20, 2026 @12:22PM (#46694725)
The Fed and largely US policy has absolutely no effect on the real reserve currency: https://en.wikipedia.org/wiki/Eurodollar
Re:US Job Openings Decline to Lowest Level in More Than a Year on Wednesday January 07, 2026 @11:07AM (#46528024)
My hotter take: We've been in a depression since '08 https://fred.stlouisfed.org/graph/?g=cMV
Slightly related, I've been wanting to invest in SK Hynix since early '23. Does anyone know how a US investor can get access to the stock? I haven't found any brokers that allow you to trade Korea Exchange tickers.
Re:From Finite Integral Domains to Finite Fields on Thursday May 29, 2025 @08:59AM (#44125648)
You get "division".
Re:U.S. Economy Contracts at 0.3% Rate in First Quarter on Wednesday April 30, 2025 @10:56AM (#43846169)
There never was rampant inflation (in the sense of the term of expanding money supply). It was all driven by the increased prices supply shock driven "inflation". The solution to high prices ("inflation") is high prices, not increased interest rates.
Re:Twitter blocks links to Signal messenger on Wednesday February 19, 2025 @08:55AM (#43102190)
Yes, to clarify, I do believe that.
Re:WTF Happened in 1971? on Wednesday January 15, 2025 @11:51AM (#42713420)
The US left the gold standard well before 1971. Central banks do not create currency, they create bank reserves. There is no indication that it drives money creation. Let me know where I can spend bank reserves to buy goods and services. Money is created from banks, and mostly done so off-shore away from the purview of the central bank. https://en.wikipedia.org/wiki/Eurodollar
Re:Quantum is unimportant to post-quantum on Monday July 01, 2024 @12:56PM (#40847706)
Because SNDL is a long planned attack for secrets that have a long life time.

https://en.wikipedia.org/wiki/Harvest_now,_decrypt_later

Short it then.
Re:2023 ACM Turing Prize awarded to Avi Wigderson on Thursday April 11, 2024 @12:22PM (#40003904)
None, it can actually be any constant > 1/2, because you can always run the algorithm a non-exponential number of more times to be more convinced (approaching prob 1) of the answer. 2/3 is just convention.
Re:Why the 2% Inflation Target? (2023) on Friday March 22, 2024 @04:23PM (#39794435)
There's no point in defining a "target" when the Fed has no control over the vast portion of dollar creation/destruction: https://en.wikipedia.org/wiki/Eurodollar
Re:Joe Rogan Gets New Spotify Deal Worth Up to $250M on Friday February 02, 2024 @04:23PM (#39234617)
Remember when CNN turned him yellow?
Quantum ML will be game changing. Running model training on a quantum computer can find GLOBAL minima/maxima in fractions of a second, depending on the number and quality of the qubits of course.
Re:GPU-Accelerated LLM on a $100 Orange Pi on Tuesday August 15, 2023 @09:12AM (#37133574)
Re:Reddit.com appears to be having an outage on Monday June 12, 2023 @11:24AM (#36295117)
Definitely smells like some sad reddit mod got upset and is enacting "payback".
You know the SEC doesn't regulate the world, right?
Re:Bank Failures Visualized on Tuesday May 02, 2023 @09:09PM (#35796434)
That needs to go back to the 80s to capture the SnL crisis. It dwarfs 08 in bank failures. It better indicates the conglomeration of the many banks into the few we have today.
Re:Ask HN: Who wants to be hired? (May 2023) on Monday May 01, 2023 @06:22PM (#35780058)
Location: Scottsdale, AZ

Remote: Sure!

Willing to relocate: Sure!

Technologies: Python, Linux, AWS, Cryptography, HTML/CSS, Machine Learning, Blockchain, Math/Statistics

Résumé/CV: https://www.linkedin.com/in/tmanuszak/ | https://treymanuszak.eth.limo/ | https://github.com/tmanuszak

Email: manuszaktrey AT gmail.com

With my Master's degree in Computer Science and Bachelor's degree in Mathematics, I have maintained a 4.0 GPA through a well-balanced program of study and research, which is not only very analytical and technical by nature but also demonstrates leadership and team building qualities. Further, with my relevant coursework, hands-on experience in software development, and research experience, I believe I have the passion for solving challenging problems that you are looking for!

Re:U.S. crypto exchange Coinbase secures Bermuda licence on Saturday April 22, 2023 @10:46AM (#35667083)
Just because it is a gambling den, doesn't mean there aren't truly revolutionary ideas and projects in there. Same as 2000 tech.

The argument can go both ways.

Re:Meta is about to start its next round of layoffs on Tuesday April 18, 2023 @07:58PM (#35622263)
It really is. I do often reach out and try networking on LinkedIn with no luck. I have connections to quite a few companies I'd love to work for, and no its not FANG, who recommend me often whenever a position pops up, but still no luck.
Re:Meta is about to start its next round of layoffs on Tuesday April 18, 2023 @06:53PM (#35621594)
Dec '22 Master's grad + math undergrad here. 4.0 GPA, research + internship experience. 4 months of applications and only 1 interview. Might as well apply to a shredder.
That is one AI CEO out of 10,000. Just because OpenAI may not be interested in a larger model in the short term doesn't mean nobody else won't pursue it.
Re:Zero Knowledge Machine Learning on Wednesday April 05, 2023 @04:14PM (#35459783)
One large use case of ML and ZKML is Verifiable Computing. You can have an IoT device be able to enforce an untrusted super computer to process it's data on a certain program in a correct manner.
Re:Ask HN: Who wants to be hired? (April 2023) on Monday April 03, 2023 @02:38PM (#35429113)

  Location: Scottsdale, AZ
  Remote: Sure!
  Willing to relocate: Sure!
  Technologies: Python, Linux, AWS, Cryptography, HTML/CSS, Machine Learning, Blockchain, Math/Statistics
  Résumé/CV: https://www.linkedin.com/in/tmanuszak/ | https://treymanuszak.eth.limo/ | https://github.com/tmanuszak
  Email: manuszaktrey AT gmail.com
With my Master's degree in Computer Science and Bachelor's degree in Mathematics, I have maintained a 4.0 GPA through a well-balanced program of study and research, which is not only very analytical and technical by nature but also demonstrates leadership and team building qualities. Further, with my relevant coursework, hands-on experience in software development, and research experience, I believe I have the passion for solving challenging problems that you are looking for!

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