djbebs

45 ms·

481.
by djbebs 5y ago
Government pushed for higher homeownership by tinkering with mortgages, taxes and regulations which resulted in banks issuing increasingly unsafe loans. Government then bailed out the banks
482.
by djbebs 5y ago
I'm not sure I understand your request? The minimum wage is simply the process of illegalizing the hiring of labor for less than a certain value. This means that hiring anyone whose productivity is below that value is financially non-v
483.
by djbebs 5y ago
What right do they have to the sweat of my brow? What's in it for me to sustain those who provide nothing of use?
484.
by djbebs 5y ago
The only reason anyone buys those assets is because of the divine share buybacks. Anything else is purely speculation and always reverts back to the mean. Over the long term effectively 100% of all stock market returns comes from either div
485.
by djbebs 5y ago
Almost every investor is either directly or indirectly invested in companies that provide dividends. As for other examples, housing is another popular one.
486.
by djbebs 5y ago
The problem with that sort of argument is that you're not actually fixing anything, you're just shoving it under the rug at great expense. Minimum wages do not improve low wage earners lot in life, they simply make it impossible f
487.
by djbebs 5y ago
Thats not the case. Certain asset classes are productive, for example stocks return cash to owners without the owners needing to divest themselves from them
488.
by djbebs 5y ago
How would that improve peoples lives? What effect do you think reducing peoples options will have on their lives?
489.
by djbebs 5y ago
As opppsed to the german economy?
490.
by djbebs 5y ago
Small sibgle owner companies do that a lot. Big multinationals? No
491.
by djbebs 5y ago
You should read some more about the Libyan war, because you're significantly misinformed. The airstrikes were absolutely crucial to the rebels victory, and no one with any idea of how the war progressed would try to claim otherwise. Be
492.
by djbebs 5y ago
Are you genuinely trying to argue that air strikes had no impact on the war in Libya?
493.
by djbebs 5y ago
I do wonder, it seems like a lot of his most important experiments and hybridization attempts were quite low tech compared to what I would have expected. I wonder if it would be fairly accessible to making ones own hybrids in a backyard gar
494.
by djbebs 5y ago
Increased regulations, taxes and other laws with perverse incentives
495.
by djbebs 5y ago
Punitive taxes and regulation is what heightens wealth inequality. In any case I find that any appeals to decrease wealth inequality is ultimately no more than greedy appeals to take from the responsible and give to the irresponsible, so I
496.
by djbebs 5y ago
Good thing Belarus isn't a signatory to that convention and therefore it does not apply to them. Their territory, their rules.
497.
by djbebs 5y ago
Coinbase infrastrcture does not run on bitcoin
498.
by djbebs 5y ago
The tax and income disparity between states is kind of the point. It's a real live AB testing of the tax code. You just don't like it because it's clear that low tax is a better and more democratically supported policy.
499.
by djbebs 5y ago
The silicon costs are a very tiny portion of their cost of goods sold. Electricity, water and even just plain packaging of the cpu will likely cost more than the difference in silicon use between 14 and 7 nm
500.
by djbebs 5y ago
The good thing about being able to do it, is that you're not obligated to do it. I'd you dont want to pass on anything to your children, you're welcome to spend it all however you see fit. Allowing people to pass it on to who
501.
by djbebs 5y ago
Taking away that money also has such costs.
502.
by djbebs 5y ago
Portugal? Corticeira Amorim is the exception, not the rule.
503.
by djbebs 5y ago
Less than 20%. Around 90% of millionaires in the US are selfmade
504.
by djbebs 5y ago
That actually sounds like a cool concept for fantasy worldbuilding
505.
by djbebs 5y ago
Prioritizing the things that provide value to me, and avoiding sellers that do not is the opposite of "bad consumer behavior". In fact, letting bad business practices slide when it comes to small businesses is a great way of ensur
506.
by djbebs 5y ago
So significantly less than what they currently pay? Sure, I'm all for it!
507.
by djbebs 5y ago
Because despite it not being popular to say, poor people are poor for a reason.
508.
by djbebs 5y ago
At the expense of equal losses of employment from people competing for those jobs.
509.
by djbebs 5y ago
>A more productive conversation would be to define the minimum quality of life that one should have, then calculate the cost of it, then divide by how many hours one “should” work to achieve that quality of life. That's not producti
510.
by djbebs 5y ago
Yes? I dont understand how this is a question. If a businesa is in operation profitably it is because it is providing more value than if it were not, otherwise it would not be able to remain in business

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