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cendawanita

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Backup account. Main fedi @mefi.social. Runs @magASEAN

This profile is from a federated server and may be incomplete. Browse more on the original instance.

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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I got link to their website in my post! Pen Gallery is also on Shopee, and if you rajin their shop is at SS2. There are three more Malaysia inks they did with Diamine Inks, I haven’t bought the newest one (Ungu Senja) but the others I did cos I can’t resist a good gimmick. Jalur Gemilang is like Manggis, but it’s deep blue with red-purple sheen. Kopi O Kaw is a nice brown that legit smells like coffee.

If u want to restock new calligraphy stuff also can I think… meracun mode

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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Kaaaaan it’s so beautifulllll. The Jalur Gemilang One is also nice if you like deep blue!

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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that’s actually my first fedi account for the reddit side LMAO. but i do hang out here more these days. but my comm/mag is based there, so was just doing some upkeep. (also frust because when i fetch Lemmy content to Masto it doesn’t show anything interesting like I showed you guys, so hard to boost with no context liddat, so i was just looking if kbin version is ‘better’)

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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jap, nak bangga sat: mefi.social/

backstory: i was in southern africa for work, and collected a couple of fallen feathers sebagai kenangan. anyway this last few days, i finally turned one of them into a quill pen, and i sketched my cat. oh! the fountain pen ink is a malaysia special series, if you’re into that sort of thing. ok, sekian.

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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T_T miss the daily threads…

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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News and Politics ok tho

cendawanita , to cafe in /c/café daily chat thread for 31 July 2023
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Btw: kbin.social/m/[email protected] - the newest post here about 3 days ago… Related to any backend issues ke?

cendawanita , to cafe in MMT: Alternative view on inflation and Ringgit depreciation
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Lol, like I said only elements. For some reason, during his time he became really partial with left-wing solutions, but it’s not complete. He only picked up the real populist ones. BR1M is basically a half-assed Universal Basic Allowance (half-assed because it’s still means-tested, in this case only for B40, and the funding for it still involved some concession that it needed a portion of budget reallocation but with the way (any) govt works, quite a bit of that also involved QE (money printing)).

cendawanita , to cafe in MMT: Alternative view on inflation and Ringgit depreciation
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(you wanna know how MMT or elements of it exist already here? BR1M)

cendawanita , (edited ) to cafe in MMT: Alternative view on inflation and Ringgit depreciation
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I’m gonna let you in a little secret - MMT principles isn’t actually that crazy and quantitative easing has been in the arsenal of first world/OECD economies for a while now. Malaysia too isn’t a stranger to this imo, if anything the notion that it’s crazy is new and pretty much came together when “deficit hawks” and talking about a balanced national budget like that’s a sensible notion isn’t laughed out of normal society (basically from the Reagan-era onwards). That’s why QE as a terminology had to be invented because in that fiscal school of thought, the spectre of WW2 German hyperinflation made such things verboten. Of course this is my “I should be sleeping” muddled way of putting things.

Where you’re getting concerned is applying MMT for retail banks. No, this is out of their domain. This is for entities that control the flow of money IE actual fiscal regulators (your central banks lah). No one else can print legal tender. Remember this. (ETA: if a household when audited cannot prove how they got their income, they get investigated. If a retail bank gives out loans based on fraudulent value of their reserves - which isn’t the same as a central bank reserve - they are also breaking the law. Because MMT is quite literally the creation of more currency, you cannot apply commonsensical understanding of what it means to be saver or spender to this. Retail banks cannot actually inkjet laser print more money. If they have no more reserves to loan out, they cannot lend.)

Last point to at least help you reorient your thinking: remember, as a global civilization none of our currencies are backed by gold or any asset. It’s fiat currency. Meaning instead of printing money only as far to the actual gold you have, the state has the authority to dictate the flow of currency. Then it battles it out in the market, which is one way to frame how inflation happens. MMT is basically saying, and if you look at today’s economies there’s merit to their argument, the flow of cash isn’t a direct factor to increased inflation. Because it turns out there are other issues (such as elite capture of such cash that they got thru grants or subsidies that they immediately deposit into savings and “investments” instead of circulating it in the economy as intended).

Oh and the absolute last point: this is still ONLY talking about monetary policy. Financial regulations and policymaking needs one more dimension: fiscal policy. At that point is where MOF comes in, through taxation policy and other social rebalancing of wealth initiatives.

cendawanita , to cafe in /c/café daily chat thread for 28 July 2023
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Well, around the same time, fanfiction.net got IP banned. Considering Indonesia banned Tumblr it’s likely the assumption of erotica content

cendawanita , to cafe in /c/café daily chat thread for 28 July 2023
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oh no need - this one is quite low-stakes in terms of federation. the known bad actor dah lama kena pulau.

cendawanita , to cafe in /c/café daily chat thread for 28 July 2023
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There’s nothing more delightful (I’m not even being sarcastic) to find one of the first messages waiting for you upon waking up is more fedi drama. It’s like fandom_wank has returned in my life except more serious because it involves actual nazis

cendawanita , to cafe in /c/café daily chat thread for 27 July 2023
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Feel good fedi thread of the day or maybe week?

OP: As a blind Mastodonian who is made happy by alt text every day, I’d like to request anyone who feels inclined or able, to post and describe insects. I’ve really enjoyed the occasional alt text describing flying and crawling things.

The comments honestly are so layan and lovely. I very terharu ok, rl crying a bit.

cendawanita , to cafe in /c/café daily chat thread for 27 July 2023
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See, I’m tricksy that way

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