Recent submissions

Comment · 1 day ago
Did you dump them into Bonds or are you just sitting on cash?

I always find these movements very interesting because you can't have everything decrease in price. If demand for Google drops there should have to be an increased demand in something else.

Comment · 1 day ago
You're conflated stocks and flows though.

It's bad for the economy when money is turned into a stock and just literally sits.

It's fine for the economy if the government forces a flow from it's citizens (taxes) when it then spends that money.

Printing money also produces a flow so that's fine for the economy too. The issue with printing money is not whether or not the US economy will continue to exist, it's whether or not the government will (in more of the USSR -> Russia sense and not anarchy sense).

Comment · 1 day ago
Today or back in the day?

Its absolutely practical to trade in gold/silver historically. Its basically just how europeans do small transactions anyways (coins).

Anything larger its still practically because if you need to buy an expensive item well its going on the ship so who cares if you need a ship or cart to transport the cost of the item when you need a cart anyways to transfer the item.

It’s just mostly impractical at the scale of big business. Imagine banks transport gold or $100,000 bills to each other (but actually look up how they used to drive trunks to each other and fling bags of checks).

Comment · 2 days ago
If you buys bonds you’re not sitting on money.

The bond seller is intending to put it to productive use to generate the yield.

This differs from deflation where people will (more the before) actually sit on money and not buy bonds. Then people who need liquidity cannot get it as the money supply drys up.

Comment · 4 days ago
I mean if your borrowers go bankrupt then its bad for you.
Comment · 4 days ago
Microwaves are incredibly useful if you can do anything besides 100% power.
Comment · 4 days ago
Which is why they’re so upset he shook stuff up with Iran?

He won at a time where the incumbent bias was like -10. He won the same reason Biden won in 2020; by not being the guy in charge.

Comment · 4 days ago
Comment · 4 days ago
Trumps not 28.

But also the voters voted for Trump to execute the laws passed by Congress. Which law said get rid of USAID?

Comment · 5 days ago
But you see, I'm an exceptional employee and I don't want seniority to be a bigger deal in my salary than my performance.

Imagine if somebody like Lebron James, Patrick Mahomas, or Tom Cruise was in a union!!

Comment · 5 days ago
Comment · 8 days ago
Amazon’s edge is scale.

There are plenty of warehouse and delivery companies you could rent/pay in the short term that make logistics feasible.

Comment · 9 days ago
Which <1000 crime did maddof start with?

Your claim makes for a good sound bite but its just not how it works. Subway evasion isn’t a gateway crime.

Comment · 10 days ago
Deepwater Horizon isn’t a ship.

https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill

But the effect is that oil companies just manage the logistics of the ships and don’t own/operate them themselves.

Ex. BP founded an entity to manage all the ships they were acquiring and later sold all the ships off to avoid liability.

https://en.wikipedia.org/wiki/BP_Shipping

Comment · 10 days ago

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