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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    1. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      Copyright terms being limited is basically "inflation" -- you will lose your IP over time so as long as you have it you gotta use it or lose it The longer copyright lasts and the more expectation IP holders have of extension, the slower the "inflation" is

      1 reply 2 retweets 19 likes
    2. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      And "low inflation" leads to the same dysfunction with IP that it does with money -- incentivized hoarding, soaring wealth inequality, a "recession" in new ideas

      2 replies 1 retweet 19 likes
    3. Stephan Livera‏ @stephanlivera Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      "hoarding" is not the issue per se. Have to consider why we hold money in the first placehttps://mises.org/library/yield-money-held-reconsidered …

      1 reply 0 retweets 0 likes
    4. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @stephanlivera @Tom_Scribbler and

      I do not have to consider that and refusing to consider things from the Von Mises Institute is in fact a wise and healthy decision

      1 reply 1 retweet 30 likes
    5. Stephan Livera‏ @stephanlivera Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      If you don't think through why we hold money to begin with, you're unable to make coherent argument for why 'hoarding' is bad

      1 reply 0 retweets 3 likes
    6. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @stephanlivera @Tom_Scribbler and

      I have, in fact, been through this argument many, many times before since I was in college and found it in the end a profound waste of my time and energies that has done nothing for my growth as a human being So no

      3 replies 1 retweet 18 likes
    7. Stephan Livera‏ @stephanlivera Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      If you're so well versed in this, why aren't you making a coherent argument then? Bare assertions aren't enough to carry the day

      2 replies 1 retweet 3 likes
    8. Scribbles McGee‏ @Tom_Scribbler Mar 2
      Replying to @stephanlivera @arthur_affect and

      If you can't understand Arthur's argument, that's on your reading comprehension not his ability. But then, you went to the fucking Von Mises institute so... no big surprise there.

      1 reply 0 retweets 9 likes
    9. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @Tom_Scribbler @stephanlivera and

      This dumbass article does the same dumb shit all Austrian School wackjobs do and just assumes "the market" is something that magically happens and accurately reflects "underlying economic realities" because the laws of nature demand it

      1 reply 1 retweet 21 likes
    10. Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      Yes, cash hoarding is a "rational" response to uncertainty It then *creates* more uncertainty -- you hoarding your cash means everyone else connected to you is now uncertain about when or how you will spend it Then *they* hoard *their* cash It's an uncertainty feedback loop

      2 replies 2 retweets 29 likes
      Arthur Chu‏Verified account @arthur_affect Mar 2
      Replying to @arthur_affect @Tom_Scribbler and

      It's the most obvious fucking thing and you trying to be nice to the original cash hoarder and, like, stand up for him and say "He's not being selfish, he's rationally responding to uncertainty!" doesn't *change* any of this

      1:38 AM - 2 Mar 2021
      • 1 Retweet
      • 12 Likes
      • Bingo Bango Amélia Horrible Checkers Lad Appreciator Hoydenne Hannah 🐰 a catherine scorned Comrade rīwai Eudora Quilt Arthur Chu
      1 reply 1 retweet 12 likes
        1. New conversation
        2. Arthur Chu‏Verified account @arthur_affect Mar 2
          Replying to @arthur_affect @Tom_Scribbler and

          It's just the econ version of the Lifetime movie shit about how being afraid of commitment is a self-fulfilling prophecy -- if you never commit to a relationship then you will never ever find a relationship worth committing to, because *you are a member of that relationship*

          1 reply 1 retweet 12 likes
        3. Arthur Chu‏Verified account @arthur_affect Mar 2
          Replying to @arthur_affect @Tom_Scribbler and

          And if you don't commit to the relationship because you're not sure where it's going then it's guaranteed to go nowhere, because without you participating in it, it doesn't exist This is therapy 101 stuff and if you multiply it by 10 million it becomes econ 101

          0 replies 3 retweets 17 likes
        4. End of conversation

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