NTDF9

24 ms·

211.
by NTDF9 8y ago
Bureaucracy to solve a problem created by bureaucracy in the first place. They should really have let the free market play its hand here. To take the pressure off medallion owners, add some 0.5% tax per ride and use the collections to buy o
212.
by NTDF9 8y ago
This really is a great opportunity for an enterprising youngster or a foreigner to start a consulting company to bring rules into the driving system. The way to approach this is: 1. Create a company, build a small DB of rules in UK (the clo
213.
by NTDF9 8y ago
Doesn't debt issued by US treasury have to be funded by private holders of US dollars? Or does the Fed simply buy out the debt issued by treasury? I thought the Fed simply buys only a small portion of US treasury debt (thus printing mo
214.
by NTDF9 8y ago
Great explanation. What about the fact that US treasury is issuing more bonds to fund extremely large deficits? How does that play into the equation you described? Wouldn't so many bonds flood the market with bonds available and thus r
215.
by NTDF9 8y ago
Good explanation. Thank you. But isn't the demand for money going to go up because the US is running ginormous deficits? I would expect the demand for money to be through the roof.
216.
by NTDF9 8y ago
Can someone concisely explain what yield curve inversion could indicate? I can think of a few explanations for why long term yields are going lower: 1. Long term yields going lower because there are far fewer places for capital to go to bes
217.
by NTDF9 8y ago
> In the US, ML/AI grad school has significant Chinese and Indian student population. It's not surprising to see this team composition. This is the biggest wealth and value US has over the rest of the world. US universities hav
218.
by NTDF9 8y ago
The problem with maintenance in India is lack of will power in local governments (not national government). State and local governments in India are filled with incompetent fools (pardon my French) who only want the power and fame. They&#x2
219.
by NTDF9 8y ago
I don't see why this is not obvious to most people. The rich get outsized benefit of compounding, outsized benefit of money managers saving their losses in every bust, outsized benefit of buying assets at rock bottom prices and then ou
220.
by NTDF9 8y ago
I believe the Fed's mandate is wrongly placed. The Fed should only be responsible for money supply, not for full employment. Full employment should be a burden taken on by elected representatives in congress or the executive. The dual
221.
by NTDF9 8y ago
Lol, with so many legitimate H-1Bs getting denied, I doubt USCIS will approve these visas. Right now, US is bleeding talent either by losing H-1Bs (especially ones that are educated in the US) and future university students. Guess what this
222.
by NTDF9 8y ago
It's only a matter of time. As more and more immigrants from US and elsewhere move to Canada, learn skills, get experience and eventually start their own companies, the competition for talent gets intense and thus the salaries. This po
223.
by NTDF9 8y ago
The people in US churches are welcoming. But the society isn't. The individual under duress is always losing the time value of money by going to Church instead of bettering their financial condition. Heck, an entire political party bla
224.
by NTDF9 8y ago
This. America is not a society where anything happens without money. In eastern countries, there are easy to go community centers like temples, churches, local social organizations, festivals etc., all for free. Just go in. There is always
225.
by NTDF9 8y ago
This is about how much one would spend in San Francisco as well, if not more with commute costs.
226.
by NTDF9 8y ago
I've never understood why the structural flaw of unfettered capitalism isn't obvious to most people. The rich will keep getting richer, at the expense of peasants.
227.
by NTDF9 8y ago
Seriously, just because they lived different ways of life with different set of problems doesnt meant they're unstable. Would you characterize America as unstable today when the country is divided over so man different lines? If no, wh
228.
by NTDF9 8y ago
America is a war machine. Why? Because they need to support the digits on their balance sheets. It's really unfortunate when human lives have lesser value than digits on some balance sheets. There will be a time in future when the worl
229.
by NTDF9 8y ago
Prop 13, Prop 13, Prop 13! American economic woes are solely a consequence of enormous debts and unwillingness to let prices go down. We are precariously similar to Japan in 1989
230.
by NTDF9 8y ago
There are 2 ways this happens: 1. People are getting paid lower than the cost of goods and assets 2. Goods and assets are priced above what people can afford I suspect its number 2. All asset prices are completely out of whack with what peo
231.
by NTDF9 8y ago
> You can make the same argument about basically any technology that has gotten more reliable, cheaper, easier, etc over the years. Cars is a big one. This is really it. Kids grow up with Ipads as their computer and cloud storage. They d
232.
by NTDF9 8y ago
You know your healthcare is f*ed up when its cheaper to fly out to another country for healthcare. Seriously, I am dead serious here, why don't Americans vote for healthcare to be a societal service (before crying socialism, I mean it
233.
by NTDF9 8y ago
>discussions throughout the weekend centered on a desire for love, comfort, intellectual stimulation, decent leaders, a sustainable environment, friendship, and stability Wait, so the average person doesn't care about GDP or debt or
234.
by NTDF9 8y ago
In the very short run, I think China wants to protect itself from what seems like a very adversarial, unpredictable and unreliable US. Which automatically makes some military and defense people think how they could neuter their adversaries.
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by NTDF9 8y ago
> My understanding for the reason that housing prices aren't included in CPI is because nobody buys houses in cash But they should include the sale value of houses in CPI, otherwise its pointless. Just because the vast majority of p
236.
by NTDF9 8y ago
My god! The amount of discussion here is nuts. Skilled immigration is already a settled case. Just look at how Canada and Australia does it. America has the whole idea of skilled temporary immigration completely backwards. You want the equi
237.
by NTDF9 8y ago
Why do American politicians allow their people to be conned into thinking that there will be some "automatic" growth somewhere in their state/country that will automatically yield benefits in their pensions? That lie, that so
238.
by NTDF9 8y ago
> It’s convenient for deficit hawks that they can simultaneously blame deficits for deflation in Japan and fear monger about hyperinflation in the US. You need to understand the sequence of events in Japan. They had a massive debt proble
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by NTDF9 8y ago
> It doesn't follow that the deflation has been due to the deficit. It's obvious to the economic world. That's the reason BOJ keeps buying Japanese stocks and bonds (to keep asset prices high when others have stopped buyin
240.
by NTDF9 8y ago
But their GDP hasn't been growing much either. They've been fighting deflation (or non-wage inflation) for a long long time. I'm not sure a deflation is good for us.

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