RobertoG

57 ms·

511.
by RobertoG 6y ago
It's also problematic to put public debt in the same bucket that private debt. Those are very different things. In some ways they are the opposite.
512.
by RobertoG 6y ago
What I would like to know is who the market is. I mean, I'm pretty sure that my investments don't decide if the market goes down or up and, I doubt very much the traditional narrative that the market movements are the result of th
513.
by RobertoG 6y ago
Not sure what that means, a prior is always "subjective" because is the model of the world before the observation, but it comes from the observer experience of reality, where else could it come?, it just that those experiences cha
514.
by RobertoG 6y ago
>>"Though in practice probabilities work independently from gambling attitudes." I suppose that is what I don't understand. What does it mean in practice? Probabilities work independently from gambling attitudes, but th
515.
by RobertoG 6y ago
>>>"At the other end of the spectrum is Bruno de Finetti. He says there’s no reason whatsoever for my probabilities and yours to match, because mine are based on my experience and yours are based on your experience. " Tha
516.
by RobertoG 6y ago
Maybe ships is an even better fit than trucks?
517.
by RobertoG 6y ago
There is a good chance that it's exactly the opposite. Our behavior is determined by the environment, and there is not element in the environment more important that our peers. If you take a Roman and a barbarian an exchange them, you
518.
by RobertoG 6y ago
So, are you saying that the European countries should stop being so selfish and stop negotiating collectively to get better prizes? Would not be the logic solution that the USA started negotiating as a block too?
519.
by RobertoG 6y ago
When comparing healthcare costs between USA and Europe, everybody speak about the public systems vs. USA, but I would like to see the cost per person of the private plans in Europe against the cost per person in the USA. For what I read abo
520.
by RobertoG 6y ago
Actually, from my readings I have the perception that the DoD was against the invasion of Iraq. But some elites decided that Iraq was going to be invaded and invaded it was. Now somebody has decided that China is very bad, and here we are d
521.
by RobertoG 6y ago
I don't know, I still remember how, in a poll before the invasion of Iraq, a majority of Americans though that Saddam Hussein was connected to the 11S attacks.
522.
by RobertoG 6y ago
Some kind of breathalyzer then?
523.
by RobertoG 6y ago
But "life" and "person" are two different things. Why not call themselves pro-person? I think it's because then you have to discuss when person-hood start. In general, "pro-life" people are not pro-life, t
524.
by RobertoG 6y ago
How could possible China manipulate the RMB relative to the USD but the USD be worth exactly the same everywhere in the world?
525.
by RobertoG 6y ago
So, if I understand it properly, your model of the world is that the USA needs to borrow in dollars (its own currency) in order to finance itself. In the case that there were not enough buyers for their bonds, the interest rate of the bonds
526.
by RobertoG 6y ago
I don't think you are prevented by force to print your own money, you just are prevented of printing dollars.
527.
by RobertoG 6y ago
The public debt is just the accumulate of past deficits. If the Fed is owning the debt you are paying interest to yourself. The only risk is inflation and this is not something to be worried at the moment. MMT is only a description of how t
528.
by RobertoG 6y ago
"other countries unpeg from the dollar.." I don't know what that means. In the current international arrangements all the important currencies are floating against each other all the time. The value of the dollar (respect oth
529.
by RobertoG 6y ago
"That policy will work for as long as the rest of the world continues to accept US dollars as something other than pieces of funny green paper…" What a nonsense. Like if the USA is the only one doing it. Everybody is doing it and
530.
by RobertoG 6y ago
>>" I wonder what the eventual value proposition of working on this sort of stuff is." It seems to me that, if you only take it as a marketing operation, it has been already very valuable.
531.
by RobertoG 6y ago
This idea, implied in your comment, that information should have the same legal treatment that a physical object it's not so obvious to me.
532.
by RobertoG 6y ago
>>"There's a tongue-in-cheek view that Elon Musk is a lonely alien just trying to get home. " That's exactly the plot of this movie: https://en.wikipedia.org/wiki/The_Man_Who_Fell_to_Earth
533.
by RobertoG 6y ago
we are in all out conflict with China because some super computing sites were "attacked"? That's not a very responsible statement.
534.
by RobertoG 6y ago
I think the GP is talking about Dune instead of Star Wars. We all know what 'the spice' is.
535.
by RobertoG 6y ago
certainly, why bother? :-) In the same vein there was a joke that goes something like this: A professor is giving a lecture and he says: -"In 4 billion years Andromeda will collide with our galaxy". Somebody in the audience stand
536.
by RobertoG 6y ago
Related to this, I have this idea for a while that, publishing a paper, could mean to appear as a submission to a Hacker News style forum, where the users are identified members of the scientific community. It would allow a kind of public r
537.
by RobertoG 6y ago
Thanks for this. It really change the priors, reading those numbers. I will read all the article. Weighting against the lab theory also, it seems that there is not record of the "animal passage" technique was being used in the Wuh
538.
by RobertoG 6y ago
I understand that. My reasoning has been: new viruses jump from other animals all the time, it has happened in the past, we don't have any reason to think that is not the case this time. It's not surprising at all that it appear i
539.
by RobertoG 6y ago
I agree that the link to Dr.Fauci is only "click bait" but, after reading another linked article, I have changed my mind and now I think that the Wuhan lab theory deserves some consideration. This is the more interesting article i
540.
by RobertoG 6y ago
This is a great comment. I would add that, in order to spin up domestic industry or increase the value of their exports they need expertise and technology. Due to the sanctions that will not be easily available to them. This is really econo

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