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NTDF9
searching PlanetScale…
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15 ms
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91.
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NTDF9
7y ago
Good discussion. Buybacks are also investments. The problem is that all the low interest printed money and tax breaks are circulating among the same people/families that own assets in the first place. The trickle down isn't happen
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NTDF9
7y ago
> It's just giving false hope to US industries which no longer have a competitive advantage in the world market... long enough to last through the next presidential election. I can see that. He doesn't care what really happens
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NTDF9
7y ago
This is just nonsense. All central banks "manipulate" their currencies. The FED did that by printing trillions in QE. The FED did that in 1973 when they went off the gold standard. The FED did that in 1935 when they changed the va
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NTDF9
7y ago
This is false. There is a LOT of work to be done. A lot of houses can be made out of better material. A lot more books can be produced. A lot of drainage and clean energy systems can be built. But why aren't they? Surely not because th
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NTDF9
7y ago
Why can't the Fed manipulate long term interest rates?
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NTDF9
7y ago
I hear you. I grew up in an Asian country with very very frugal day-to-day lifestyle. Think restaurant eating only on birthdays. Watched movies in theaters only twice in 18 years. I have serious trouble spending money. I just feel so bad sp
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NTDF9
7y ago
A lot of these conversations miss two aspects completely: 1. Smart STEM people are more inclined to having a family. Constant uncertainty is not conducive to family. That will cause a lot of smart people to be sea turtles. 2. The most signi
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NTDF9
7y ago
Core dumps aren't bad themselves. But the ease and frequency by which other developers (and myself) can cause a core is just insane. It makes C++ more of a headache than anything.
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NTDF9
7y ago
Glad to have left C++ behind. I thank it for making me a better software engineer but I don't think I want to work with core dumps for the rest of my life.
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NTDF9
7y ago
Can you be my dad?
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NTDF9
7y ago
Long term profit vs short term profit. Corporate execs and short term investors just want to line up their pockets RIGHT NOW! Fossil fuel based infrastructure has been built over a hundred years. The only thing to do to make profits is keep
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NTDF9
7y ago
Can someone explain how banks can survive if there is no demand for loans? Let's say an economy is fully saturated and content and doesn't desire more loans, do banks collapse in such a case?
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NTDF9
7y ago
Not really. Lack of basic infrastructure still plagues vast parts of India. But yes, India is perhaps the most interesting consumer market outside of US and China. Interesting enough to set bases there
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NTDF9
7y ago
This is overall a good thing for the planet. By way of economics, it's bad for the people of UK (because they are producing less) and for exporters to the UK.
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NTDF9
7y ago
> Capping H1B is classic Trump and threatening to cap it based on complaisance with a particular pro-US policy goal, doubly so. I get this. But what Trump fails to grasp is that our own ecosystem in the US relies heavily on sucking MIT,
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NTDF9
7y ago
Tell that to Trump. He can't see a win-win when it stares at him.
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NTDF9
7y ago
Its a business visa to allow exchange of ideas quicker, better. Imagine GE, a company with a pool of power electronics talent in the US, wants to build specialized power plants for the Indian market. They can't do it remotely from the
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NTDF9
7y ago
Yes and no. Yes, because it directly affects the business of large outsourcing companies. It also drops remittances, one of the largest sources of dollars for India. No, because for many decades, India has been trying to keep their smartest
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NTDF9
7y ago
> How does 'free flow of data across borders' help secure consumers' privacy? This is not about consumer privacy. This is about corporate profit. Visa, Mastercard and other US banks want to maintain fewer datacenters aroun
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NTDF9
7y ago
> Yeah. Central banks are actually a kind of technology, which I don't think a lot of people recognize. They are. And a very unbalanced one at that which relies on constant credit growth (which is insane). Not defending cryptos but
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NTDF9
7y ago
> Why is this a good move in the trade war then? What am I missing? Because then America is poorer in the world and is not the biggest customer any more. Thus it cannot bully the rest of the world. Something having cake, something eating
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NTDF9
7y ago
But one can't live off the interest any more because we've manipulated the system to close to zero interest rates. To be able to earn 20k, single person survival income, that individual needs $1M in savings. Times from our grandpa
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NTDF9
7y ago
Wealth tax
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NTDF9
7y ago
Wait, the deal about this funding is that NIH funds, student does research. The topic of where the researcher uses this is different. If the US wanted these researchers to utilize their research by creating American businesses, allow them t
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NTDF9
7y ago
I've always wondered about this. What is life like for people with zero internet? Is that even possible today?
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NTDF9
7y ago
Every single such problem can be traced down to NIMBYs and prop 13
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NTDF9
7y ago
> If you pay your workers more you have less money for investment opportunities... Why are workers not an investment? Are your workers only encouraged to hit nails with hammer or can you think of ways to incentivizee them to innovate and
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NTDF9
7y ago
Meanwhile in the US, coal is supposed to be making a comeback, Tesla is close to bankruptcy, solar industry is decimated and we're force-sending smart people out of the country when we need them the most to build stuff like this.
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NTDF9
7y ago
No prize for guessing why European capital has been flowing into the US for a decade.
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NTDF9
7y ago
Wow. Just wow. Having already penalized savings (by way of inflation) for so long, now they want to actively penalize savings? They're coming up with strategies to prevent a bank run for taking people's money? Have your cake and e
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