@draoi
919 sats stacked
stacking since: #457146longest cowboy streak: 1
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17 sats \ 1 reply \ @draoi 26 Mar \ on: Any Catholics? FiresidePhilosophy
My ancestors were definitely Catholic. Not anymore though.
17 sats \ 2 replies \ @draoi 26 Mar \ on: Is custodial bitcoin really worth anything? bitcoin
Custodial bitcoin is arguably inflationary because it enables fractional reserves.
21 sats \ 4 replies \ @draoi 26 Mar \ on: European Media Fixated on US Debt Bubble, but Overlook Own Fiscal Challenges econ
Italy and Greece have higher levels of public debt proportional to GDP than the US. Germany however has relatively low debt, and a trade surplus.
21 sats \ 1 reply \ @draoi 25 Mar \ on: Largest Foreign Holders of U.S. Treasuries econ
They have a population of about 81,000.
31 sats \ 1 reply \ @draoi 25 Mar \ on: Americans’ Reliance on Smartphones for Online Access charts_and_numbers
Many are probably using their phones as mobile hotspots, so they still have internet on their computers.
135 sats \ 0 replies \ @draoi 21 Mar \ parent \ on: Swiss central bank cuts key interest rate by 25 basis points econ
That could be. Also I think the Swiss don't want too much foreign capital given the problems inherent with borrowing, and the fact that money already doesn't go very far in Switzerland (low ppp).
379 sats \ 3 replies \ @draoi 21 Mar freebie \ on: Swiss central bank cuts key interest rate by 25 basis points econ
Resident of Switzerland here.
One thing that needs to be pointed out is that CHF is probably the strongest fiat currency in the world and that Swiss gov. has a pretty low debt to gdp ratio. Otherwise such low interest rates would not be possible.
GENESIS