changchuming

> So, should Target not carry items at a price point higher than a threshold that it sets arbitrarily?

Pretty sure Target does that already.

Is it not true that majority of rich people are upper caste though?

Wall Street and main street are two different markets. OP specifically said we'll see consumer price inflation only if money trickles down to consumers, which is evidently not the case. Asset prices has gone to the moon however since 2008.

He did specifically say asset bubble. And look at how much the stock market has grown since 2008. It has outpaced CPI by a huge margin.

Megacaps don't just print money out of thin air. If you have a faltering middle class, who's gonna be there to spend money? Unless you institute some kind of universal basic income, I don't see people's buying power staying the same. Remember, 70% of the economy is driven by people buying shit.

It also says that the net income is 1 billion though, and 500 million is half of that. High revenue doesn't always mean that the company is generating that much value. Just look at Uber.

I would think that undergoing a rebellion or civil war after which the form of governance changes marks the end of an empire, even if the territorial lines are not redrawn.

They got lucky by investing in Alibaba and cashed out. Made 100bil that way and suddenly everyone thought Masa was a genius. Saudi princes started giving him free money and the rest is history.

1. Being in extremely left-wing Bay area with historic ties to the free speech movement. 2. They're not, it just benefits both the tech companies and the media to portray them that way.

Based on personal observations.

Maybe OP is just a 280-pound giant so nobody dares to get in his way. Could be possible.

7 day account. Not gonna say it's a troll but I'm suspicious.

Except that China is rapidly catching up to the US in terms of innovation. Take a look at the number of patents filed by China and US in recent years. People look at China 30 years ago and use that as evidence of China today, ignoring the fact the the country has changed so much over these years.

There are more Asian leaders in the world's top tech companies than there are Europeans. Why do you think that so many Asian people in Asia are able to assume leadership roles and grow their companies at breakneck pace and yet Asian Americans are somehow unfit to do the job in America?

How does him arguing for nuclear power over renewables makes him less trustworthy? You completely lost me there. Sounds like you're just trying to find something to attack his motives.

Huh? Somehow I doubt the rural population is less white or Christian back in those days.

It does reduce bias in the screening stage, which is exactly what its intended purpose is.