North Stoke Life

Think of modified duration as a "volatility multiplier" or a financial bungee cord. It tells you exactly how violently your bond's price will snap up or down when interest rates move. [1, 2] If you are a landlord looking to cash out of bricks and mortar, let’s explain this using concepts you already know inside out: lease lengths and tenant risk. The Landlord Analogy: Short Leases vs. 39-Year Leases Imagine you have two rental properties: Property A: Has a tenant on a standard 6-month contract . Property B: Has a commercial tenant locked into a massive 39-year lease at a fixed rent. Suddenly, a massive economic shift happens, and local rental market rates double. Property A is safe: In just a few months, the lease ends. You can quickly raise the rent to match the new high market rates. The value of this property barely changes because it is flexible. Property B is in trouble: You are legally locked into a low, fixed rent for the next 39 years while the rest of the...

When government intervenes, it always ends up increasing the excess death toll.  Given the deaths are indirect the state carries on because it feels like no one in particular can be blamed for it. That is all there is to it.  The remedy is to ask an incoherent society to stop deploying the state to solve social problems.  Or more practically 2 core activities:  to only get involved in things they are historically good at: a police force to protect private property a military to protect borders admin to collect the economic rents that is all to stay well away from things they are historically hopeless at - meaning everything else Sure, there would still be problems.  And now this biggest problem has stopped causing all the extra chaos, all remaining problems will now be that much easier to deal with.

Are the best right-wing influencers in the media being deliberately put there and given a platform by the government, in plain sight by them, saying that "yes, this is definitely a two-tier system we're operating" in order to scare people into not resisting. That is, place it right in the spotlight for all to see with the greatest clarity possible. If, that is, the goal is to leave the people in no doubt that a two tier system is how the country will be run for the foreseeable future. Let a few through the net, maybe even plant and fund them, because they are the best at pointing out how unjust a deliberate, extant two tier system is and that the consequences will be very bad for anyone who resists it. This latter point is key because it plays directly into the fear of the unjust state people are already used to dealing with. The curious thing about the recent plague of far right projections is that for the past 20 years I've not been able to find a far r...

But this is now a fundamental aspect of an incoherent world  

What an artist does is a holy thing, An artist is a channel for forbidden knowledge, The artistic capability is a divine blessing on the artist, The artist conveys art in the way a radio conveys music, As a receiver from heaven, and a transmitter on the earth, It is not a skill, was not earned and cannot be taught, but a blessing from the deep, An artist has been blessed with the power to convey forbidden knowledge, In a way that all people watching and listening can understand quickly, And is conveyed in a way that will not cause the tribe to send the artist into exile, What an artist does is a truly holy thing.