deeg

12 ms·

151.
by deeg 1y ago
This isn't correct. The gold standard caused a lot of problems with money shortages; in the 1800s they were called panics. The shortages powered William Jennings Bryan to the Democratic presidential nomination after his "Cross o
152.
by deeg 1y ago
> A new car still costs around 13oz of gold But a new car today is vastly different from a 1940s car, so different that it's nonsensical to use it to compare purchasing power of gold.
153.
by deeg 1y ago
For much of Christian history the Bible was largely interpreted as being pro slavery and against interracial marriage. Most people now disagree with those interpretations. There is growing support for LGBT within the church. Here's
154.
by deeg 1y ago
At the current stock price I can't imagine it being acquired. How far would it have to fall before a non-Musk company even considered it?
155.
by deeg 1y ago
So why aren't the stock markets in a panic? Are they still expecting (hoping?) Trump to swear off tariffs?
156.
by deeg 1y ago
Interesting. I've never heard of that model. So what Munger is implying is that by the 80s even Buffett wasn't beating the market but was leveraging his money for gains. Thanks!
157.
by deeg 1y ago
Conventional wisdom (which I believe) is that long term individual investors do not beat the market. However, from my mostly-uniformed view, Buffett did exactly that. What was his "secret"? Did he build most of his wealth outside
158.
by deeg 1y ago
He's not a complete rando; he was in the trump administration back in 2020 and publicly stated that the election was secure. Trump has been after him ever since. His pettiness knows no bottom.
159.
by deeg 2y ago
> they’ll blow something out of proportion or just plain invent issues in order to feel something. Does this mean that when we're all poor the Right will stop demonizing trans people?
160.
by deeg 2y ago
Free trade allows Americans to live a higher standard of living. All the goods we buy from foreign countries are cheaper which lets us spend our money on additional things.
161.
by deeg 2y ago
I think the US would be better off if a number of certain billionaires fled the country due to taxes.
162.
by deeg 2y ago
The CHIPS act was not only an acknowledgement of the problem it was actually doing something about it.
163.
by deeg 2y ago
But what is Trump saying/doing that's addressing their concerns? Cutting taxes for the rich? Tariffs? Renaming the Gulf of Mexico? Killing trans/gay rights? The closest is his anti immigrant rhetoric but my guess is that this
164.
by deeg 2y ago
To play somewhat of a devils advocate, 30 years ago this article could have been titled the tyranny of the internet. Is this much different from that.
165.
by deeg 2y ago
Always is too strong of a word but if you look at the history of human development I'd say that in general each generation is an incremental improvement over the previous one.
166.
by deeg 2y ago
I didn't say anything about their morality, just that by some statistics gen z is better than previous generations. They are not better or worse. Just different. Their music sucks, though.
167.
by deeg 2y ago
Old people have been complaining about the youth for 2000 years but THIS time they're right.
168.
by deeg 2y ago
Gen Z also has a lower crime rate, less teen birth rates, and less illegal drugs and alcohol consumption when compared to previous generations at the same age.
169.
by deeg 2y ago
I disagree; that would just squeeze the action into a smaller area of the court because offenses would avoid the corner 2. Another proposal would be to widen the court so the 3 point line would be a complete half circle.
170.
by deeg 2y ago
I play and watch a lot of basketball and this article seems to be written by someone who doesn't do either. The idea that players are more specialized is wrong. In the 90s there were plenty of defense-only players like Denis Rodman an
171.
by deeg 2y ago
We're getting close to banning vaccines: https://nbcmontana.com/newsletter-daily/proposed-bill-would-...
172.
by deeg 2y ago
Love it. My only suggestion is that they should have picked a red state like Montana. Trump might not mind selling "commie" California.
173.
by deeg 2y ago
Thanks for listening. The topic of racism and DEI is broad so I'll try to focus on a small part: I believe that black people have a harder time finding a job than white people with similar skills. This appears to be supported by some
174.
by deeg 2y ago
I don't think anyone is saying it won't hurt Canada; trade wars hurt both sides. The discussion is whether Canada can make it hurt Trumps supporters enough to pressure him to remove the tariffs.
175.
by deeg 2y ago
Trump has an infantile view of the economy. He seems to think that a trade deficit means the US is losing money, as if it was a business. If he can manufacturer a trade surplus then then he can do away with taxes. He also seems to believe
176.
by deeg 2y ago
You are mistaken that DEI is racist, unless you consider any attempt to correct for racism is itself racist.
177.
by deeg 2y ago
While your heart is in the right place your proposal is massive, unworkable, and a complete nonstarter. It could never be passed. DEI initiatives are reasonable way to increase the likelihood that a minority is considered for a job and not
178.
by deeg 2y ago
Musk is a major component of the administration that currently represents conservatives. He is/was the biggest donor to that administration. That makes him a conservative for now. I live in Massachusetts where three straight Speakers
179.
by deeg 2y ago
So how do you propose to make things better? White men dominate the power and wealth structures in the US. A long history of crushing racism has left a massive gap between white men and minorities. How do we make sure that minorities and w
180.
by deeg 2y ago
Before the rise of Trump I might have agreed with you but now I think it's true for trumpers. Look at Musk, Mr. Free Speech until he doesn't like it. The quote above describes him exactly.

More ›