MiroF

23 ms·

211.
by MiroF 6y ago
> By contrast, I am currently living in Germany, and I have friends who are freelancers and they had support funds in their bank accounts less than a week after the lockdown started. Also there was already legal machinery in place to avo
212.
by MiroF 6y ago
We're not in an "inflationary environment."
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by MiroF 6y ago
I've been aggressively long JETS since the crash, that investment has performed wonderfully.
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by MiroF 6y ago
> It's the one asset class where normal people are allowed to leverage themselves heavily Which is... a good thing?
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by MiroF 6y ago
No mainstream economists are saying the things that are being said in this thread about QE and the Fed.
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by MiroF 6y ago
> the government assistance was directed to maintaining payroll and to actually support rent payments There was substantial action towards both of those ends, more than any other country. Other countries are not really as comparable bec
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by MiroF 6y ago
Or maybe conditions in the world have changed that make assets more valuable... If the currency was "debased" it would show up everywhere.
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by MiroF 6y ago
> Doesn't seem like the levers they have are working. Economic growth rather than inflation is the goal. Nope, economic growth is not the goal. Inflation targeting and unemployment targeting is the goal. I don't see how you can
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by MiroF 6y ago
That does not say that over half have moved back home since Covid. Read critically.
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by MiroF 6y ago
> How many younger people, precisely, have moved back home? It appears like quite a few. I can see into a lot of different apartments from where I live in SF and many, many more are empty. This might also be due to AirBnBs. The real esta
221.
by MiroF 6y ago
Those aren't economists lmao
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by MiroF 6y ago
If our currency is debased, where's the inflation?
223.
by MiroF 6y ago
A key lesson I've learned arguing about macro online: Anyone who claims that the Fed is "out of ammo" is not worth arguing with.
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by MiroF 6y ago
The job of the Fed is to maintain inflation and employment targets. Since both inflation and employment are below target, they are engaging in an expansionary monetary policy. I'm honestly baffled by so many people thinking that a cont
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by MiroF 6y ago
> The equilibrium is wherever “the market” decides it is Remind me the last time "the market" decided on an equilibrium without the Fed. 1912? > The Fed gave up almost all their normal tools and never asked for them back, an
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by MiroF 6y ago
> But this is much more of a short-term band-aid than a real solution isn't it? My point is that you can't compare rent payment rates from when you would get evicted if you didn't pay rent to rent payment rates from an evi
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by MiroF 6y ago
> a tablet reader A black/white mobi tablet reader is closer to $100 than $300-$500, just in case you ever decide to change your mind.
228.
by MiroF 6y ago
Disposable personal income: https://fred.stlouisfed.org/series/DSPI > is investment income included in that figure Probably, but it's not a significant reason behind the recent rise. > unemployment Yes, unem
229.
by MiroF 6y ago
> 40+% of all investors Nope, no remote way that's true. 40% of all retail investors that were surveyed by a poll that probably misses out on people with retirement accounts, etc. self-reported being "leveraged." I'm
230.
by MiroF 6y ago
> But the longer we refuse to let nature find its equilibrium, the more catastrophic the eventual reset will be. What is this "equilibrium"? Why does the Fed taking a super contractionary policy stance seem better to you? Expen
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by MiroF 6y ago
^ I think this is potentially the largest lurking variable here.
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by MiroF 6y ago
> Wouldn't that expose more correlations that aren't proven to be causative? What is wrong with "exposing more correlations"? I don't get how that's an argument against data release.
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by MiroF 6y ago
Buy books and print research papers? Personally, I don't view a black/white Kindle as the same as other screens, so a bike ride to a park where I might read a research paper or book I've put on my Kindle.
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by MiroF 6y ago
I'm somewhat surprised AlibabaCloud wouldn't act on it. The others, not so much - nor do I think namecheap has an obligation to do so.
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by MiroF 6y ago
There is no "the market." To some extent, I agree with you for publicly traded markets. I do not think it even remotely holds in the illiquid limit of massive-scale private capital investment markets. I would rather that power be
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by MiroF 6y ago
> The violence travels back in time to compel action on the part of the recipient in order to prevent your anticipated violent action. So in order to defend your interpretation of free speech, I am now morally culpable for actions that &
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by MiroF 6y ago
> the only way for the trigger man to get paid or not get fired or killed themselves That's not necessarily even true of many killings by order, nor is it the morally relevant part. If I tell you to kill someone and tell you I will
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by MiroF 6y ago
The proliferation of online platforms where you can speak freely would explain the declining suicide rates we're seeing in the 21st century.
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by MiroF 6y ago
I think you drastically underestimate stochasticity, the sheer number of people on twitter, and how actions at the margin can drive someone over a precipe.
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by MiroF 6y ago
> Or based on lobbying, political preferences, or name recognition? Ah yes, as opposed to the rational private market of large capital investments to create new industries, which is apolitical and has no cronyism /s (never mind no p

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