Rury

18 ms·

211.
by Rury 4y ago
It really depends who you are, but NSAIDs also have their fair share of potential dangers. They are particularly linked to higher risks of heart attacks and strokes [1], but also ulcers and in rare cases other problems. As for me, whenever
212.
by Rury 4y ago
Unemployment is going to go up somewhat, foreclosures are a thing.
213.
by Rury 4y ago
I wouldn't even go so far as to say it's either the theorists or experimentalists fault. The problem might just be that it becomes physically impractical to the point of practical impossibility to observe the nature of things beyo
214.
by Rury 4y ago
Not really. It's debatable the Fed's intervention was even necessary and the concerns they had about the effects of LTCM’s failure on global financial markets were mislead and greatly exaggerated. Buffet's offer alone could o
215.
by Rury 4y ago
It's not wrong, we have a wall street government. Did you notice at how those most responsible for the 2008 financial crisis, never went to jail... instead they were the advisory board for Obama on financial stuff?
216.
by Rury 4y ago
That's debatable. Glass-Steagall wouldn't have prevented CDOs, but Glass-Steagall's repeal paved way for previously illegal mergers and acquisitions between commercial banks and investment banks. Had these mergers not had bee
217.
by Rury 4y ago
Does M1 include accounts held by companies/businesses?
218.
by Rury 4y ago
Yeah, there was a liquid market for it, but not for par value. No one wants to buy securities yielding ~1% when there's ample supply of safe securities yielding ~4%, so they had to discount them a fair bit to get them to sell. Which is
219.
by Rury 4y ago
Rising interest rates make debts worse and asset values (including those belonging to the rich) to decrease, whereas it's mostly just the value of money which improves. Also, who is rich/poor and has assets/debts can be hard
220.
by Rury 4y ago
It works like this: "Draw me a picture of a house" You draw a picture of a house. Someone else also draws a picture of a house (but it looks different from yours, as they had a different idea in their head as to what a house shoul
221.
by Rury 4y ago
People focus a little too much on unemployment rates. Labor participation rate is still at 45 year lows. There is a lot of people are out there not working, but focusing on the unemployment rate wouldn't make you think that.
222.
by Rury 4y ago
It's not one or the other. People looking at this as it's more of a demand issue, or more of a supply issue aren't looking at things correctly. What matters is the ratio of demand/supply. If supply falls, and demand does
223.
by Rury 4y ago
Inflation is a lagging metric. Inflation of 8%, means prices today are 8% higher than compared to a previous time. Holding onto cash when inflation is at 8% would be the good option, provided prices drop in the future (ie you're not lo
224.
by Rury 4y ago
>steady you're heading away from a recession Not quite, but there is certainly only 3 scenarios, just as shown by a graph. It can go up (growth), it can go down (recession), or it can be flat (stagnation).
225.
by Rury 4y ago
Yes, but like you said, that requires re-drawing your boundaries. It doesn't really defy the direction of entropy, it only appears that way from having changed scope.
226.
by Rury 4y ago
Simple. Humans are not rational creatures. It's like in high school... people prefer to chasing what appears "cool" or whatever makes them feel powerful, or what will meet the approval of the in-group, or whatever it is they
227.
by Rury 4y ago
> Life on planets taps into the flow of sunlight from the star (and/or the flow of heat and chemical energy from the a hot planetary core) to generate complex structures in defiance of the regular direction of entropy It doesn'
228.
by Rury 4y ago
No, storing everything in one account at one institution is a risky strategy. You're conflating what you want (something without risk), with something that fundamentally has risk anyways. You take a risk anytime you decide to do someth
229.
by Rury 4y ago
I think that's dubious. If management can make off with enough money prior to being wiped out, and it won't be clawed back, then there's still potentially a moral hazard at hand. So what if we lose the bank! We'll make o
230.
by Rury 4y ago
Sure. The point I was making that the mistakes which caused bank failures in 1930s and bank failures today, is fundamentally the same kind of mistakes. Ergo, we still make those mistakes; they still happen, we just don't let depositors
231.
by Rury 4y ago
Eh, those mistakes happen still, we just don't let consequences of them happen.
232.
by Rury 4y ago
>The whole point of the FDIC is to avoid contagion, and they nipped this in the bud, again. Maybe. Part of the problem here is related to Glass-Stegall. Depositors are essentially the ones backing the investors at a bank these days. So,
233.
by Rury 4y ago
You're asking for taxpayers to pay for depositors losing their stash. Why should others be responsible to pay for the irresponsibility here? We all take a risk when it comes to storing/investing our money. Same could happen to any
234.
by Rury 4y ago
That's not quite how things work. You may call for your allies to help, but they may decide that they don't want to help you out, or only agree to help you out in indirect ways.
235.
by Rury 4y ago
I'm not sure why it would necessarily be WW3? Why not just a war between India/China? Not every war is a world war... But yes, expect there to be wars in the future. There's a war going on somewhere pretty much at any given t
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by Rury 4y ago
I don't think it has anything to do with the type of human organization really. Rather, it's really just a matter of the wills of people, and whether they have access to capital.
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by Rury 4y ago
Yes, this is the reason people further from the tropics tend to have lighter skin and are more likely to have genetics allowing for lactose tolerance throughout life. They're natural adaptations by the body, in response to being in an
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by Rury 4y ago
Our ancestors did not often have an abundance of food or eat a lot every day. Most Romans only ate 1 meal a day, and our evolutionary ancestors regularly faced days without food. Fatness was historically a signal of wealth. It was even rare
239.
by Rury 4y ago
I'm not wrong at all. You can make coins with 1/4 the silver they use to, but if people don't demand more coins to make up for the debasement, there is no inflation seen in traded goods. There's nothing necessarily stopp
240.
by Rury 4y ago
You're entitled to find his or anyone's answer not interesting, but what he said is not a tautology. Just because it's obvious does not make it tautological. But in any case, the matter really is as simple as people eating to

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