vladd

Where does Russia's attack of Ukraine fits within this?

The market can remain irrational more than you can remain liquid.

> Not really because there are too many other variables

You can average out countries that equalize property rights to the state vs. average of countries where property variance is respected, and check which ones are doing better vs worse.

> How do you know that creation of value can't exist in the presence of equality?

Equality of output would imply equality of inputs? People will no longer have the right to decide for themselves if they want to be busy creating wealth or busy doing more social/pleasurable things?

> yeah and it's 1000x better than cavemen banging on rocks in the stone age

Why do you take that improvement for granted? (in the context of today's nuclear treats, it's not a given that we'll able to propel this rate moving forward in the next 100 years, there's a non-zero probability that we wipe ourselves back to the stone age).

Or more generically, if you had to chose between two economic policies, one with 1'000x improvement where people can take risks and see variation in rewards according to their choices (and an element of luck/historical background), and another one where everyone is forced to the same output, irrespective of their actions, which leads some to pursue more pleasure activities to a larger fraction of their existence and the improvement is just 50x, which one would you choose for the society?

Is equality worthy as a goal in itself? And if so, enough in order to stop people in self-selecting doing what they want and letting them keep some percentage as a reward for assuming the risk? Even if it leads us as a society to slower growth?

> The current economic system funnels economic value from the poor to the ultra rich.

The economic system creates values (and you can compare it with alternatives such as Soviet Union to realize just by how much). It does this in an unequal way, by chance, historical context and self-selection preferences. But the creation of value still trumps any inequality it might have. With TV, air conditioning and phones, an entry mid-class person in US is having it ten times better than the kings of middle ages.

Since bonds are always reaching their promised payout terms upon their maturity, you can manage that risk through proper alignment in maturity dates.

You can purchase multiple bonds that are spread around their term duration. E.g. buy now 1-year bonds, and repeat every 3 months. After 4 such cycles, you will now always have bonds reaching maturity every 3 months.

Or just buy shorter term ones to begin with (if the interest is still appealing), and move to longer term ones once you have enough maturity diversity for the advice in the previous paragraph.

In Romania, one of the top 5 ISPs, telekom.ro, is still doing it in present days.

If the business is the customer, upgrading a machine increases the customer price hence it requires communication as it changes the benefits/cost value proposition.

> we are an independent entity not owned by or associated with the Mozilla Foundation

Who owns then Zarro Boogs Corporation?

Why think in binary? His anecdote can be inspirational for others and testing his correlation is cheap to try out for others in similar predicaments.

People cannot create fiat currencies out of thin air. When done it's a crime (currency forgery).