> The order directs the Missouri Department of Public Safety to create safeguards for state agencies and state-funded law enforcement departments using the automatic license plate readers.
There’s no restrictions on private ALPRs in MO resulting from this executive order.
An executive order is a directive for government agencies under the executive branch, not private organizations.
It’s against the rules to ask if you read the article, so I won’t do that.
> Objects like this make me think of grimdark (steam|diesel)punk works like the video games Dishonored or BioShock. It feels like there's a touch of occultism or corruption whenever one creates a device that exploits analog side effects to create machines in a closed, black-box package.
The second sentence also fits for field effect transistors and solid state electronics in general.
In the spirit of grimdark steampunk, have you ever heard of pneumatic logic? I still see these systems operating normally in some older mechanical rooms, it’s cool to see them still working after 40-50 years.
> A 0.25% rate hike is going to cause a recession? How, exactly, would that happen?
I didn’t see anyone claim a single 25 bps hike will cause a recession.
The 30 day FFR futures (/ZQ) curve is pricing in an 80% chance of two more hikes by the March 2027 meeting and a 70% chance of 3 or 4 hikes by Sept 2027’s meeting. So, 50 bps predicted in the next 6 months and 25-50 bps more within one year.
I don’t understand why central banks seem to use such a blunt object like interest rates for every inflation problem. It would make sense to rise if the cause of inflation was accelerated economic activity, not price rises due to supply restrictions. How does hurting mortgage holders even more help with not starting wars? All it can do is have a double dampening effect on the economy as people pull back their discretionary spending.
Using interest rates for this kind of inflation is guaranteed to cause a recession.
Central banks didn't use to do this, in the post-war period up until about 1980, they tried targeting the monetary aggregates like M2.
Unfortunately they discovered that the size of monetary aggregates was outside the control of central banks, these were demand determined by the public's desire for money balances. So all attempts to control the growth of monetary aggregates failed.
Having an inability to control anything else, the central banks turned to the one thing they could control -- overnight interest interest rates, and from that, bond yields more generally. That is the one tool in their toolbox.
Bob is correct here. The other tool people keep forgetting about is fiscal policy; government deficit spending is inflationary, and the US is currently running a very large deficit and was floating even more inflationary ideas like directly bribing voters to vote Republican in the midterms.
Really the problem is that everyone wants to make lots of money (economic growth) so they can spend more (increase consumption) but without anyone else raising their prices as a result. Unsquareable circle.
He's right about interest rates. But he's missing the point behind the debate: whose policy choices got us to where we are today where this is necessary? Republicans.
Not just Trump, Republicans as a whole. They are not fiscally conservative at all, and their culture wars and religious crusades are going to bankrupt the nation.
They'll sell you up a rope to corporate donors asking for deregulation. And we've seen exactly what happens when there is money to be made at the expense of other people's lives: spoiler alert, people like money more than they care about other people's health.
I don’t think we have a wide enough Overton window when it comes to economic discussions, the neoliberal revolution of the 1970s killed a lot of little levers of economic control in most post social democratic countries. Instead we were promised a new age of free trade and economic liberalism and one single, shiny lever to control the speed of the economy like the governor on a steam train.
Yet here we are 50 years later suffering booms and busts just like before. Nobody seems to want to acknowledge the failure of 50 years of industrialisation destruction that in hindsight was the inevitable outcome of open trade and the retreat of governments.
To answer the question, yes I think there are other options and trade barriers need to be part of that conversation.
It's not good for the economy when no one is willing to move for the next 20-30 years. And it's not good for the people who are unable to move to chase a better job as well.
Yes, I think 5% will eventually happen, but I don't think we'll get there before the mid-terms, the Fed moves slowly.
Basically you have an inflation shock and you want the reaction function to be higher, so if inflation is 1% too high, you want a 1.5% or 2% rate hike. If inflation is 1% too low, you want a 1.5% or 2% rate cut. The reaction function has to be greater than the deviation from target, but this gives you price stability, it doesn't require a recession, although it may cause a recession.
I’ve traded over a million dollars of equity volume this year but my brokerage account has less than $50,000 in it. You can wager the same dollar more than once.
I’m confused, are these suicide attempts due to gambling addiction or is it mental health ER patients looking to enter a gambling addiction treatment program?
I’m having a hard time thinking of any other reason that a gambling addiction would cause someone to visit the ER.
Place the tungsten ring against concrete, hit the top of the ring gently with a hammer and increasing the force with each hammer blow until the ring cracks.
Search YouTube for “break tungsten ring” for examples.
I agree with you, but I believe the person you responded to meant that someone with an expensive mechanical watch doesn’t want to wear a smart watch in place of their mechanical watch (and double wristing looks silly). As someone with an expensive mechanical watch who wants to wear that instead of an Apple Watch, I agree with them.
> Someone go ahead and explain to me the actual rationale that RDDT has a higher P/E ratio than Nvidia.
Investors in RDDT are pricing more growth than they are into NVDA. NVDA had a high P/E until their net income grew ($4B and change to $72.2B in from FY 2023 to FY 2025 and over $100B for FY 2026)
Pretending that any of this is some traditional idea of investor sentiment is such a last decade way line of argument. Please don’t insult us both pretending real people and their motivations are what drive the markets.
Some of it is due to the explosion in options trading and the resultant hedging by market makers, but large institutions still have valuation models based on fundamentals that they trade on.
It’s entirely possible that the market is wrong about RDDTs future growth, and in that case the P/E will come back down to earth.
Sears did this over a hundred years ago, except in a rail car instead of a truck trailer. You can buy kit homes and outbuildings from
Menards and other places.
There’s no restrictions on private ALPRs in MO resulting from this executive order.
An executive order is a directive for government agencies under the executive branch, not private organizations.
It’s against the rules to ask if you read the article, so I won’t do that.
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