I_DRINK_KOOLAID

8 ms·

1. 61.▲
   by I_DRINK_KOOLAID 4y ago

   > when there is a steep supply curve Where is this excess supply at? Have you seen gas prices? Are you aware that the US had to use oil reserves from the strategic reservoir for the first time in decades? Europe is looking at legal measu
2. 62.▲
   by I_DRINK_KOOLAID 4y ago

   They rapidly convert any financial wealth acquired into quality of life because given their nature they are not insecure or scared about tomorrow and hence don't feel the need to accumulate money (or set up a pension or life insurance)
3. 63.▲
   by I_DRINK_KOOLAID 4y ago

   > We have limited data suggesting moderate deflation is any more damaging than moderate inflation You don't need data to understand how people would simply stop working and wait for their cash to appreciate as they do nothing. Excep
4. 64.▲
   by I_DRINK_KOOLAID 4y ago

   The world is too big, indirect stuff never works. If you want people's praises, then you have to manouver and set your affairs and behavior in a way that is optimized to get people's praises. You can't hope to receive them or
5. 65.▲
   by I_DRINK_KOOLAID 4y ago

   Many people said that there was no way the Apollo program would have repaid itself. And in fact it had to be shutdown because it was bankrupting NASA. Same for the ISS and the LHC although the latter still has some time to make it back, but