[MLB Network] "I will be very surprised if the Cubs do not add one of the big four superstar shortstops..." @jonmorosi stops by #MLBNHotStove to chime in on the chances of a big-ticket free agent landing in the North Side of Chicago. 👀
I’ve had a very bad experience with ledger so far. I’ve been trying to transfer my OMI from BitForex to Ledger via the ETH network for about 3 months now. Nobody has been able to help me and I already installed ETH but it still won’t prompt me to be able to create a sub account under it for OMI.
Washington is latest Pac-12 school to meet w/Big Ten about joining the conference, sources told @ActionNetworkHQ . Huskies' meeting comes a week after Oregon & B1G met in Chicago. B1G targeting 4 Pac-12 schools & Notre Dame, sources said
[Brett_McMurphy] Oregon initiated preliminary discussions in Chicago w/Big Ten to determine if Ducks are compatible in B1G, source told @ActionNetworkHQ . Outgoing UO president Michael Schill, AD Rob Mullens & B1G commish Kevin Warren not involved in any discussions in Chicago, another source said
It brings me great sorrow to announce that Chicago micromobility riders are much more hardcore and badass than us. Seen here blocking Lake Shore Drive to demand a bike lane grid network
Forex, global recession and retaining a strong balance. Stuck within a fiat network, what does the Austrian school have to say about how to move paper currency to minimize loss?
Situation: a tech nomad with a multi-currency account in one country has USD, GBP, Euro and SGD inputs. Conventional wisdom says to average balances across several currencies to minimize swings in purchasing power. Mises said as much in Human Action, noting that inflationary policies are not necessarily predictive as to who benefits within a particular country. He seems to have been referring to relatively closed, nation-state economies.
Economics recommends neither inflationary nor deflationary policy. It does not urge the governments to tamper with the market’s choice of a medium of exchange. It is impossible to know in advance which group will be favored by a definite inflationary or deflationary measure and to what extent. These effects depend on the whole complex of the market data involved. They also depend largely on the speed of the inflationary or deflationary movements and may be completely reversed with the progress of these movements.
I suspect that the degree of monetary intervention has definite effects on exchange rates with other fiat where different monerary interventions are implemented. But, as Mises said, the effects are hardly predictive, due to the myriad variables of market actors, even across borders. What other insights does the Austrian school offer, either through praxis, or looking back on the past through the lens of an Austrian perspective?
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