abirch

48 ms·

751.
by abirch 4y ago
What was wrong with Bezos's tweet? Biden's was just wrong.
752.
by abirch 4y ago
Are their countries with negative nominal rates without asset bubbles? Have their been high interest rate countries with asset bubbles? E.g., dutch 1600s interest rates or 16% during Tulipmania.
753.
by abirch 4y ago
You're right about now. If we desire to tease these issues apart we can look at history both the US and elsewhere.
754.
by abirch 4y ago
I'm not a Bezos fan in general but his response to Biden's tweet was spot on. https://www.twitter.com/JeffBezos/status/1525309091970699265
755.
by abirch 4y ago
The Fed can buy mortgage backed securities like they have done since they've started quantitative easing. The Fed has purchased Apple bonds. This is in addition to US Treasuries. My original comment was a mechanics related comment in w
756.
by abirch 4y ago
I thought that the liquidity was driven by the money multiplier and the Fed's quantitative easing. If the fed set the interest rate at 10% but put in 20 trillion dollars into the economy there'd be bubbles everywhere.
757.
by abirch 4y ago
Most active funds are in fact mostly beta (indexed funds) with an exception of 5%. Most articles are worthless, but it's hard for media outlets to say that nothing meaningful happened in their sector today.
758.
by abirch 4y ago
1. Zero Percent interest rates doesn't necessarily cause a bubble. It's the excess liquidity in the market that causes the bubble (too many financial assets chasing real assets).
759.
by abirch 4y ago
The good news is the US Government doesn't have to pay back 5.5% of its debt. Unfortunately the spending keeps increasing.
760.
by abirch 4y ago
As long as you have self documenting code and tests /s
761.
by abirch 4y ago
Were you around for the dot coms? I know of CS PhDs that were applying to Circuit City.
762.
by abirch 4y ago
LTP: if you're at a grocery store and don't have membership account, use the local area code and this number. It hasn't failed me in the 14 states I've tried it.
763.
by abirch 4y ago
Edison wasn't necessarily an inventor either. That said if you're a patron of inventors then you are an inventor. If you can manage the pain of failing and failing and failing, then in my book you're creative and a co-invento
764.
by abirch 4y ago
I'm not disagreeing with you about the instant runoffs for competitive elections. Then the more moderate could get squeezed out. The relationship with RCV for non-competitive races (e.g., those districts that are gerrymandered or natur
765.
by abirch 4y ago
Most US districts are not competitive. E.g., there's an almost zero chance that AOC, MTG, Cawthorne, etc. loses in the general election. You have a higher probability of losing a primary than a general. If a moderate of their party run
766.
by abirch 4y ago
I'm with you on the ranked choice voting, but I would say that the general is the duopoly. This can enable more viable parties and the death to the duopoly. And having more representatives (districts) will help immensely as well. The
767.
by abirch 4y ago
You're wise to avoid the updating and it will be painful for many people. I had friends explain that stablecoin was the way to make an easy 20%. I can empathize with their pain.
768.
by abirch 4y ago
Without cashflow things usually end badly. The salt in the wound is that this is the year Buffett really attacked Bitcoin.
769.
by abirch 4y ago
There are many of these colleges that are going under. Their competitive advantage was that not everyone could go to the top Tier schools so they provide an expensive education. Especially when you see what you can do with Bloom Tech (fka L
770.
by abirch 4y ago
If Reddit made it easy for me to follow people and have stuff pop into my feed like Twitter, I'd walk away from Twitter.
771.
by abirch 4y ago
Too bad this is on Medium and Hacker News. If it were on an obvious parody site I would have avoided it.
772.
by abirch 4y ago
I agree. This is better than DataGrip that my employer gives me.
773.
by abirch 4y ago
Do they have a shipped on time insurance?
774.
by abirch 4y ago
This is why you should disable for all of your apps that require your location permission. If you have a weather app that has your permission, they're probably working with IBM to sell your location data. Edit: forgot location just s
775.
by abirch 4y ago
I loved the Art and Zen of Motorcycle Maintenance and this here is pure quality. Creating quality makes me happy but it's a shame that I don't get to always create quality at my current job.
776.
by abirch 4y ago
Most banks do. They are transferring the risks to their customers.
777.
by abirch 4y ago
I agree about the network. If you're not mentoring younger people and helping them in your 30s and 40s the future may not be so bright.
778.
by abirch 4y ago
Do we have an example of a language getting better with critism? I love the evolution of JavaScript but not sure if blogs shaped it.
779.
by abirch 5y ago
It really depends where in the USA. This Harvard project tracks intergenerational mobility. I make more annually than both my parents made combined for their three peak years. https://opportunityinsights.org/ I come from on
780.
by abirch 5y ago
Are you discussing internal projects because Facebook, Amazon, Apple, and Google have been profitable for a while. Netflix lost growth and was crushed.

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