ignasheahy

Java backend for realtime and api, Sveltekit for frontend (and just a little bit for backend), custom Java based media server for serving and uploading media.

What is it about, in short: Create user with one click - no email, no registration needed. Everything is a chat - even normal threads are real time. You can create private group chats or DMs (with live audio/video calls!) and even pin any thread to you conversations panel. Upload any media. Adult content allowed on specialized channels. Create your own channels or if too lazy simply post/repost/quote to your timeline. Follow channels or other user's timelines or even public threads/chats. Your feed is what you follow. Heahy's own reactions library that you can upload to and publish your own reactions. Save media to your own media library to watch it later.

I wanted it to be a bit more similar to IRC where you can just enter channel name and create it just like that. In the beggining the project was very focused on media but then I saw it needs to be a bit more traditional because text is still very very important. Project implemented with meteor.js. Let me know what you think here or on heahy :)

>We need better alternatives to Reddit I am working on one - heahy.com, it's still very small and unfortunately mostly used for memes and porn :) I will try to do something about having more high quality discussions but probably some changes to design are necessary before doing any marketing.

All of the instances of inflation is linked to government debt, what are you talking about? Even kings were cutting weight of silver coins in middle ages.

This is completely wrong, it disproportionally affects the poor and middle class the most because all they have is their wages and a little bit of cash. Wages are not that elastic and will certainly lag behind. Rich are heavy on assets and it doesn't affect them at all unless they are stupid enough to convert those assets to cash during high inflation period (it of course doesn't happen).

What I mean by "break" is runaway inflation or hyperinflation. That doesn't mean the whole system collapses. The rising debt or money supply is not a problem - the problem is its second derivative - how fast rising increases and how connected it is with underlying economy. And this points to a kinda dire future at the moment.

Are you saying rich and powerful have grandpa checking bank accounts and just refuse to spend it? They are owning real estate, land, companies, resources - that's where their wealth it. In high inflation scenario current wealth gap will look like good old times... Slight inflation is good, but high inflation will be troubling to a lot of regular people.

>Also, what weak economy? Economic growth is up, wages are up, unemployment is down, personal debt is down.

That usually happens in the beginning stages of high inflation scenario.

Also government debt is not the same as household debt, however it still matters especially at these high levels. There is a breaking point just no one knows where it is. 300% gdp? 500%? 700%. At some point it will break down.

Of course they would try to do it - first of all raising interest rates. However they are basically trapped now and it's questionable if they can still control situation. With current debt levels it might be extremely hard to raise rates or sell instruments they hold that were bought with printed money (to take off liquidity of the market). On top of that I would say all the rich and influential are well positioned for high inflation so it's speculation but I wouldn't bet that Fed will choose hard recession scenario...