alvah

20 ms·

271.
by alvah 4y ago
"Also, when you say spending, is this gov spending or private spending?" Private spending, though the theory is coupled with the idea that government spending should increase to take up the slack when private spending declines.
272.
by alvah 4y ago
Modern Monetary Theory covers some of the basics. I believe Monetary Realism ( https://www.pragcap.com/monetary-realism/ ) is a much better attempt to explain the roles of government, banks, taxation and spending in the
273.
by alvah 4y ago
"No, the point of tax is to forceable take money to redistribute in the best interests of society at large." That's not how (federal) tax works in a fiat money environment (i.e. in Western countries for at least the last 50 y
274.
by alvah 4y ago
Do the parents of children at private schools not pay tax? Why shouldn't some of that tax go towards their child's education?
275.
by alvah 4y ago
Parent is clearly making API calls to GPT3, which isn't really comparable to using ChatGPT (paid or unpaid) via a browser.
276.
by alvah 4y ago
A lot of the jobs we have now resemble David Graeber's "Bullshit Jobs" though. I suspect many jobs that largely consist of making powerpoints and looking out of a window could disappear tomorrow without upsetting anyone excep
277.
by alvah 4y ago
I think you might have an extra 0 in that trashman salary. When I worked in South Korea I was on OK money, but most of the locals were not.
278.
by alvah 4y ago
I find using WordTune rather than Quillbot produces a more readable output, while still defeating AI detectors, though Quillbot is still good for other purposes.
279.
by alvah 4y ago
I haven't tried this one but I was using a ChatGPT Chrome extension for a couple of weeks. If you actually use ChatGPT via the OpenAI website & value the ability to go back to previous chats, this will pollute your history by inclu
280.
by alvah 4y ago
I don't think this line of "persuasion" is going to rally many to the cause.
281.
by alvah 4y ago
There are many millions of people who believe that, generally, the less processed, ie the closer to it's natural state any food item is, the better it is for you (or the less bad it is for you). Are you not aware of this?
282.
by alvah 4y ago
There are, or used to be, Bosch tankless water heaters which used a small turbine connected to a piezo-electric igniter, no external power source required ever.
283.
by alvah 4y ago
Is it fantastic for energy consumers? Somebody has to pay for it.
284.
by alvah 4y ago
I think that's why parent says "private businesses", as opposed to public companies.
285.
by alvah 4y ago
Was it factually correct or AI hallucination though? This seems like it would be important.
286.
by alvah 4y ago
Is it Root 66 or Rowt 66 though? Because a rooter is related to roots.
287.
by alvah 4y ago
It’s the same verb but it raises a smile every single time. Yes I am a child in an adult’s body. Slightly OT, they pronounce router “rowter” over here, presumably to avoid the same issue.
288.
by alvah 4y ago
Because one of the greatest cons of the last ~50 years has been convincing the middle class that housing is an asset, so now the price level in most Western cities has been bid up to insane levels, and asset owners will do whatever they can
289.
by alvah 4y ago
-can't get permission to build due to massive amounts of red and green tape -the only economically sensible option is to let the building fall into disrepair bad enough that the government lets you demolish -governments close this &quo
290.
by alvah 4y ago
"right to root" does not translate very well here in (nominally-English-speaking) Australia!
291.
by alvah 4y ago
That’s a bit harsh. Early Google didn’t really require any special skills or knowledge on the user’s part. Current day Google requires hacks and workarounds to avoid both SEO spam and Corporate Google’s attempts to sell you something.
292.
by alvah 4y ago
Have you had much to do with young graduates lately? We already have that generation without AI being the cause.
293.
by alvah 4y ago
24V / 4-20mA isn't really the same job though.
294.
by alvah 4y ago
I was born in & lived in the UK, but I was only 7 when the 1970s ended, so my viewpoints are of limited value. From what I could gather from my parents & teachers, income tax rates peaked at 90% (and apparently 98% for "unearne
295.
by alvah 4y ago
Also, "A couple of short, sharp years at 90% and all of it invested into major, physical public infrastructure projects to create jobs and filter the money down." I'll go out on a limb & guess you weren't in the UK i
296.
by alvah 4y ago
It's a very complex topic, which sadly I don't have time to delve deeply into at the moment. My intent with the previous comment was only to point out a fairly large flaw in the "tax the rich" argument as previously impl
297.
by alvah 4y ago
is (e.g.) Monaco a 2nd- or 3rd-world country (or principality)?
298.
by alvah 4y ago
4% seems unlikely. This article is a few years old & mainly discusses Vancouver and Toronto, but in 2015, Chinese buyers made up around 1/3 of the Vancouver market: https://www.fortunebuilders.com/one-third-of-vanco
299.
by alvah 4y ago
Ultra-high tax rates during WWII, when governments used tax to raise the money they needed, may have made sense. Ultra-high tax rates in an unbacked fiat currency world are purely an attempt to punish the ultra-rich (which ends up punishing
300.
by alvah 4y ago
Land in desirable areas with permission to build houses on it tends to increase in value. In most cases the house itself is a depreciating asset.

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