RobertoG

30 ms·

301.
by RobertoG 6y ago
That argument it's not the reason why IP exist. The justification is that IP will create more value for society through incentives, not that the inventor would loss value. Otherwise you could justify eternal IP. So, the only defense fo
302.
by RobertoG 6y ago
I don't understand the colors in that map. For instance, Germany and France, colors vs. percentages, don't make sense to me. Are my eyes the problem? It would be kind of ironic that it was a bug.
303.
by RobertoG 6y ago
That argument doesn't make a lot of sense to me. It assumes that the numbers caused by the lock-downs are bigger than the numbers caused by Covid. It assumes that there is not positives to the lock-downs (maybe some people is less depr
304.
by RobertoG 6y ago
Not only many business have closed, but the global supply chains are disorganized. I'm very surprised that we have not seen more inflation already and I think we will see some. But that's not what this video is claiming, the video
305.
by RobertoG 6y ago
>>"Why is American stimulus not comparable to Zimbabwean stimulus?" Zimbabwe (like Venezuela) didn't get hyperinflation because they "printed" a lot money, they had to "print" a lot of money because
306.
by RobertoG 6y ago
There is something I don't understand, all that happened 8000 km away from USA, how is Iran a thread to the United States exactly? I was not going to write anything, but the "killing of Iraqi civilians" comment, without a tra
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by RobertoG 6y ago
I think it's more like: if you are on your own you are crazy, if you are in a big group you are revolutionary, if you win you were right, or something like that.
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by RobertoG 6y ago
I don't think it never fills completely, it just empties the older entries to make place for the new ones.
309.
by RobertoG 6y ago
I think that you sacrifice something when you learn a new skill. The brain have a finite capacity and it just forget not used facts or skills, and the reason it's forgetting is because it's always learning. For instance, I'm
310.
by RobertoG 6y ago
The brain is very plastic, it probably would adapt at any consistent input. A most interesting question is, what would you sacrifice? Because the part that you would use to control your extra tentacle or whatever is probably currently used
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by RobertoG 6y ago
The loanable funds theory is wrong. Banks don't loan savings. So, investment doesn't come from savings. The Bank of England explaining it: https://www.bankofengland.co.uk/working-paper/2018/banks-are...
312.
by RobertoG 6y ago
Do you mean agoraphobic? I think it can be re-framed like a feeling of freedom and possibility. For instance, if you managed to live one million years and visit all the galaxy, you would have not even started.
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by RobertoG 6y ago
A better answer to this question in reddit is "Does reddit sap the intellectual potencial of humanity?". Imagine if all those people was doing something useful, or myself instead of writing this.
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by RobertoG 6y ago
In a first approximation, what back the currency is that it's accepted to buy things that are denominated in Dollars. But in a deeper sense, what back the currency is that it's the only currency accepted by the USA government to p
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by RobertoG 6y ago
Well, yes, I can confirm you that death people will stay that way, but you asked if the problem was that there was not enough vaccines so, I answered.
316.
by RobertoG 6y ago
That was a temporary problem, they have started to arrive in big numbers this week. Hopefully it will keep increasing.
317.
by RobertoG 6y ago
QE per se is not inflationary, the only thing that does is to increase the number of reserves in the system reducing the interest rate (cheaper lending) but that doesn't have really effect if nobody is borrowing. Fiscal policy is the l
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by RobertoG 6y ago
This is a good article. Enjoyed it. It makes me think that maybe the nanotechnology promises of the 90's will really happen. At least the microscopic bots fixing illness part.
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by RobertoG 6y ago
If adding trillions of dollars in reserves (QE) are not inflationary because they don't act in the real economy, taking that trillions of dollars of reserves of the system is not going to be deflationary neither.
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by RobertoG 6y ago
At the end of the day, this kind of discussion is about who have the power, "the markets" or the central banks. The answer, is obviously, the central banks. You can see it all around the world, in the current crisis, what decide t
321.
by RobertoG 6y ago
The USA government is the only issuer of USA Dollars. Who is lending money to the US? Why the Chinese (for instance, now that they are fashionable) buy USA debt? Because they have a lot of dollars from selling things to the USA, so, instead
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by RobertoG 6y ago
It's fascinating that they can say: "[..] the sustainability of its debt might be called into question" and this: "[..] backed by the Fed, which has unlimited capacity to issue currency in a crisis" in the same arti
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by RobertoG 6y ago
I think you are underestimating greatly Greece military capabilities with that comment.
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by RobertoG 6y ago
The grandparent says explicitly in the comment "all the central banks". We are not talking specifically about the USA. Anyway, the "reserve currency" excuse doesn't explain Japan in the last 20 years or the Euro in
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by RobertoG 6y ago
Inflation can be created, basically, by two things, an excess of demand respect to what the economy can produce or problems of supply. Personally, I'm surprise at how robust are the global supply chains that have been able to keep thin
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by RobertoG 6y ago
They have a webpage: https://ergodicityeconomics.com/
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by RobertoG 6y ago
>>"It makes no sense at all to expect Portugal or Croatia to compete with the German industrial establishment. It would take massive infrastructure investment to make that even remotely plausible, [..]" What would be necessa
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Rich countries prevent WTO agreement for IP generic coronavirus vaccines(nytimes.com)
2 points by RobertoG 6y ago|0 comments
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by RobertoG 6y ago
You don't need to blow a nuclear reactor for improve biodiversity, just make the place a natural park. I admit that it's not so spectacular, but it works too, and I suspect it's cheaper.
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by RobertoG 6y ago
If we ignore shady deals, that I suppose happen, Central Banks rational for keeping the interest rate low is to facilitate investment in the economy when there is not risk of inflation (the real economy is under-performing). Keeping the int

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