chiaro

7 ms·

31.
by chiaro 9y ago
No, instead no one controls inflation and you return to the boom and bust of pre-fiat currency https://media.ycharts.com/charts/2dd4f9a7b087a1eb6f763d81a97... Which, of course, is a very difficult environment to conduc
32.
by chiaro 9y ago
1) is hilariously off base. S&P500 has averaged about 10% nominal return, annual, since 1928. Gold returned a little under 5% nominal over the same period.
33.
by chiaro 9y ago
The yield is a pretty big thing to miss. Also gold and stock prices are anti-correlated, with gains in the former chasing weakness in the latter. This makes cherrypicking dates pretty easy to do.
34.
by chiaro 9y ago
And yet, banks and financial institutions are vastly preferring blockchains that have been uniquely developed for their needs. There's very little appeal in simply accepting the transaction costs and times in bitcoin when you can spin
35.
by chiaro 9y ago
Nope. For one, gold has intrinsic value and can actually be used as a manufacturing input.
36.
by chiaro 9y ago
Nah. Banks and big financial companies interested in the blockchain will spin up their own version without tying it to the unstable mess of bitcoin. e.g. https://ripple.com/ And people do by treasury bonds for their rate of
37.
by chiaro 9y ago
Just because everyone in the US is accustomed to larger companies being able to negotiate a lower tax burden doesn't mean that a transparent, regulated system of breaks and incentives is vastly more equitable and less vulnerable to cor
38.
by chiaro 9y ago
Yes, the "else" implies a singleton, not a null set.
39.
by chiaro 9y ago
The vast majority of US corporations are far too small to get tailored breaks and incentives. TARP/lending of last result is another thing entirely.
40.
by chiaro 9y ago
It's very clear that Tesla benefits from excessive subsidies. They even had states compete on how many tax cuts and other benefits they could provide: https://en.wikipedia.org/wiki/Gigafactory_1#State_competitio...
41.
by chiaro 9y ago
And budgets have exploded 200x from the 1-3M N64 game days. It's utterly disproportionate. If you look at the most profitable games (Blizzard, Valve, Riot) they're moving away from sticker prices altogether.
42.
by chiaro 9y ago
The sticker price for games has stayed rock steady for decades now while budgets have only exploded (not to mention inflation). AAA budgets, $60 titles, and no microtransactions or subscriptions is absolutely a 'pick two' scenar
43.
by chiaro 9y ago
There is no escaping it played a significant role, when it's where a significant portion of people got their news. http://www.journalism.org/2016/02/04/the-2016-presidential-c...
44.
by chiaro 9y ago
The article is fair. Wilful indifference has been the status quo for how social networks have been run for most of their existence, under a kind of techno-libertarian idealist vision of free speech. Child pornography was the first hard chec
45.
by chiaro 9y ago
I'm not sure what you intend on accomplishing by noting that doctor's salaries here are still more expensive than one of the most generally expensive western countries in the world. Conspiracy theories about 'big pharma'
46.
by chiaro 9y ago
> _“Good to have Google on record as defying all logic and reason: facts aren’t allowed if they come from RT, ‘because Russia’ – even if we have Google on Congressional record saying they've found no manipulation of their platform o
47.
by chiaro 9y ago
Tangential to your point, but if you look at a waveform of normal speech, it's very hard to see individual words. It's really one continuous sound that our brain preprocesses into seperate, discrete words. If you've ever felt
48.
by chiaro 9y ago
Increased investment in early education is remarkably uncontroversial among economists. There's few better ways to even out outcomes. https://www.brookings.edu/research/the-effects-of-investing-...
49.
by chiaro 9y ago
https://en.wikipedia.org/wiki/Kaldor%E2%80%93Hicks_efficienc...
50.
by chiaro 9y ago
Nah, you just have to regulate that line owners must lend access at a set rate to any ISP that wants it.
51.
by chiaro 9y ago
Nah it's got pretty broad support. It does a good job at making appropriate carveouts.
52.
by chiaro 9y ago
The text of the Dean Smith bill, which is the likely form of how it will be legislated: https://www.documentcloud.org/documents/4204045-Marriage-Ame...
53.
by chiaro 9y ago
Idk, there's a few with pretty strong laxative effects.
54.
by chiaro 9y ago
The typical argument in that favour is that a product comes with certain intangible benefits, be it social signalling or personal actualisation that helps explain why firms with strong brand identity can push higher margins in otherwise com
55.
by chiaro 9y ago
They are leading in the niche, but that's besides the point: market power refers to the ability to raise prices above what is truly competitive, which they certainly have to some extent while not being a monopoly.
56.
by chiaro 9y ago
It's neither? It has more market power than, say, Chevrolet, but less than AT&T. Receiving ~1.25Bn from the taxpayer where smaller companies wouldn't get anything is more a function of its size and institutional failure on beh
57.
by chiaro 9y ago
Monopolies are inherently bad because not being subject to competitive forces means they can charge what the market can bear, rather than the rate set by competition. This is bad for the consumer, bad for competition, and bad for the econom
58.
by chiaro 9y ago
Cooperative military operations will be great for shoring up European unity and validating more integration in due course. The UK being out of the picture should help (as does the existential threat that Brexit has painted) but the system
59.
by chiaro 9y ago
Or more perniciously, to stoke up anti-immigrant sentiments.
60.
by chiaro 9y ago
That they are approximately the same size. There was an assumption that you know how populous these cities are, but to to be clear, roughly the same administrative area (Geneva Ave or so North vs everything within the Périphérique) has a po

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