yaks_hairbrush

Joined 16 years ago

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975
Submissions
169
Member since
Mar 20
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Recent submissions

Comment · 9 months ago
It works if you don't care about magnitudes, distances, or angles of complex numbers. Those properties aren't algebraic.
Comment · 3 years ago
You're right that a business wouldn't lower prices if customers keep showing up. The basic causes of prices falling amount to two: increased supply, and decreased demand.

On the supply end, if competitors enter a given market and take some of your customers, you might lower prices to lure them back. And if people just can't afford (or otherwise don't want) to go to your salon/restaurant as often, then you might lower prices to lure them back.

As far as the current environment, we've got student loan payments restarting in a couple months after a three-year hiatus. A good number of folks who had some disposable income are going to have less. That'll impact the demand end of the equation. Won't necessarily cause deflation, but will at least lower inflation.

Comment · 3 years ago
> It would be perfectly straightforward to fund that entirely by raising income taxes on the highest earners.

Even if you do that, you're still getting inflation. That'll hit everyone -- not just high earners. Loan forgiveness and payment pauses free up a fair bit of middle class budget and therefore increase the velocity of money.

Comment · 3 years ago
> Based on what?

Someone with a high school diploma will earn on average $1.3 million over their lifetime. Someone with a B.S. averages $2.3 million. The college degree is thus worth, on average, $1 million in lifetime earnings.

Source: https://cewgeorgetown.wpenginepowered.com/wp-content/uploads...

> The fact is, a huge number of people have staggering amounts of student loan debt, and very little ability to repay that debt—and a legal prohibition on discharging it.

I believe I acknowledged that. Making provisions for discharging student loans via bankruptcy would be a really good idea. Much better at targeting student loan relief to those who need it.

> What does this situation gain us that would be lost if we simply cancelled all that student loan debt?

Cancelling all student loan debt would lead to some combination of higher taxes and inflation. No matter how you slice it, that would be a redistribution of wealth from the uneducated to the educated. That redistribution of wealth therefore goes the wrong way -- the uneducated are more likely to be poor, and the educated more likely to be rich.

Comment · 3 years ago
> The question is if you think "most recent college graduates without wealthy parents" are a population worthy of government assistance.

And, quite frankly, I'd gravitate towards a "no" on this. When taken as a group, I'd expect college graduates to be able to pull off an income stream sufficient to pay down the student loans.

Of course there are individuals for whom student loans pose a real problem. There should be some realistic provisions for discharge in bankruptcy.

Considering our recent/current environment of low unemployment and high inflation, broad-based loan forgiveness is simply the wrong choice from a Keynesian economics perspective. The same is true of continuing the payment pause.

Comment · 4 years ago
The length of the burst tells us the maximum size of the event. Imagine the event takes place instantly at the source, and that the source has some size. If we observe the event over two minutes, then the event size was two light-minutes.

In reality, these aren't completely instantaneous events. But any event duration at its source is going to decrease the event size. Take the extreme case: the event actually took place at its source over the course of two minutes. And we observed it over two minutes. We would have to conclude that the event had zero size.

Of course, the reality is that we have no idea how long the event took place at its source. All we know is that we observed it over two minutes. But that's enough information to conclude that the event we're seeing certainly occurred within a two light-minute sphere. If it had occurred over a larger sphere, we would have observed it over a longer period of time because of the time light takes to traverse the length of the source.

Comment · 4 years ago
Comment · 4 years ago
Played this (or something very similar) growing up. We called it "squeak".
Comment · 5 years ago
I have a macbook air with an egpu connected by a thunderbolt 3 port. I unplug the gpu when I want to take the laptop somewhere, and plug in back in when I'm at my desk.
Comment · 6 years ago
The issue with schools is that they're daily large gatherings where the virus can be transmitted. Children can be carriers with schools providing the network effect for spreading covid-19.
Comment · 6 years ago
FL300 (30,000 feet) is usually within the troposphere. And that's highly relevant, because the troposphere is well-mixed. Water vapor emissions at 30,000 feet are going to come back down, for the most part.

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