NTDF9

37 ms·

271.
by NTDF9 8y ago
> Every dollar that a government borrows and then spends, is money creation. So is every dollar repayed back to the FED money destruction?
272.
by NTDF9 8y ago
This is great. I don't think we in the US realize how far ahead European countries are wrt EV. Their governments are working like startups to make this happen. Even if only cars get replaced (and not trucks or heavy vehicles), that&#x2
273.
by NTDF9 8y ago
> but this is hacker news--where we're not supposed to talk politics... unless it's the kind of politics they want us to talk about But this isn't politics. This is the societal reality of the home of tech industry. There
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by NTDF9 8y ago
> And don't forget about being downvoted for listing facts! Yeah,its a very funny phenomenon. For some reason, Americans like to downvote anything true about their society. This is what you would expect out of communist societies.
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by NTDF9 8y ago
One of the things that I have really come to understand is America is not even close to "land of the free". There is a very very narrow set of rules that you absolutely have to follow to even be able to live peacefully here. Be bo
276.
by NTDF9 8y ago
When people ask what happens when govt debt and deficits skyrocket? This. There will be more crime. Or at least, laws will be enforced disproportionately on vulnerable because its the vulnerable who don't have the resources to fight th
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by NTDF9 8y ago
> Ah yes, no one could possibly like driving of their own accord, they must be brainwashed. To think that you need: - A 5000 pound machine to take a 200 pound human to work - Workplace is 60 miles away - On a road with many other rush ho
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by NTDF9 8y ago
Isn't this illegal? Gender based employment opportunity?
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by NTDF9 8y ago
> It's the richest country on earth. What's the excuse? Car lobby, brainwashed citizens.
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by NTDF9 8y ago
> I wonder how much of this is due to recent fires and abysmal air quality... it's bad enough here that if I were still seriously considering moving out of area , I might have made the leap. Wow no! This is one of the financially sa
281.
by NTDF9 8y ago
Why did OP ask this question? Is there a noticeable uptick in layoffs?
282.
by NTDF9 8y ago
Wow, that's the biggest horseshit I've seen since Trump inauguration lies. There's enough uncited storytelling in there to be a nice conspiracy theory documentary.
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by NTDF9 8y ago
>> US: Nice. Then we will just roll the dice once a week and point our finger to random big company of yours. This is exactly the kind of bullying attitude that is pushing US allies away from the US. Using the dollar as a weapon cause
284.
by NTDF9 8y ago
And after the tariffs what do you expect will happen to goods and services going from the US to China?
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by NTDF9 8y ago
Bailout (buying votes) for more farmers who will lose export markets?
286.
by NTDF9 8y ago
> On the one hand, china is taking advantage of us and is in part rotting our our middle class and blue collar workers. On the other hand, this could spark economic turmoil. Actually, this is much more complicated than getting taken adva
287.
by NTDF9 8y ago
But the US has a trade surplus over China in Services exports into China. Presumably those will get tariffed. Also, US made products that relied on chinese intermediate products will go up in price, passed on to consumers. Those same US pro
288.
by NTDF9 8y ago
This looks like something NYT will come up with soon. They usually make pretty good infographics
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by NTDF9 8y ago
I'm not aware of these instruments. What are some examples of hedges to farm borrowing so I can look them up?
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by NTDF9 8y ago
Does that erode trust in currency and cause hyper inflation? I suspect no.
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by NTDF9 8y ago
> Any unwinding of the BOJ position would lead to major disruptions. That's just pushing the inevitable. A lot of stocks went up because of debt. Those stocks needed to come down. In a real capitalist system, the companies with decl
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by NTDF9 8y ago
What happens if there is too much debt (as assets) on the Fed's balance sheet? Can they just write them off?
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by NTDF9 8y ago
Hongkong as well! My god that was some unreal efficiency in subway systems. NYC is a poor mans system in comparison.
294.
by NTDF9 8y ago
When someone asks what happens if national debt, state debt, city debt keeps increasing? This. Teacher salaries will not rise. Counties and cities are already overburdened by existing liabilities and far too many bonds are junk. They just d
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by NTDF9 8y ago
How can you be so sure? You must have read something I haven't. Why can't the US tax more to fund its liabilities? Or, why can't they have the Fed print more money and devalue the dollar?
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by NTDF9 8y ago
I might be naive here but I suspect the Fed will just print money and hand it to the govt which will keep the can rolling ahead. Devaluation seems the only right answer to me
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by NTDF9 8y ago
> Not necessarily. Look at them outside of the United States. Software engineers typically make anywhere between 20-60k a year depending on location (east Asia being the worst). But almost everything is highly paid in the US as compared
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by NTDF9 8y ago
> There's a whole bunch of smart people right now who won't go into tech because they can make more elsewhere. Actually no! Software engineering is hard and takes years to build the skills of a senior engineer. For the vast maj
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by NTDF9 8y ago
> Political energies that would have otherwise been used to create rapid change. I think the entire point is to create a relatively stable climate for business investment. The flip side of this is, once a few bad decisions seep into the
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by NTDF9 8y ago
> It's starting to look like, in an effort to democratise democracy, what we're actually doing is turning everything in to bikeshedding. No. The problem is lobbying to keep vested interests intact. Lobbying is fundamentally, &q

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