freejulian85

6 ms·

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by freejulian85 7y ago
> Mr Assange’s health has been seriously affected by the environment that he exposed himself to Fuck you.
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by freejulian85 7y ago
The dishonesty and irresponsibility of the fed is going to end in disaster - disaster, in this case, being destruction of the currency.
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by freejulian85 7y ago
I think everyone knows someone who bought bitcoin in 2017. Hardly a single person.
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by freejulian85 7y ago
Same tricks used by governments when reporting inflation!
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by freejulian85 7y ago
Cute, but the actual science suggests otherwise: http://ine.uaf.edu/wtc7
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by freejulian85 7y ago
At one point does policy targeting a statistical measurement render that statistic useless? I’m looking at you, CPI.
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by freejulian85 7y ago
You’re clearly biased when you claim without evidence that the primary purpose of bitcoin is speculation.
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by freejulian85 7y ago
Not really.
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by freejulian85 7y ago
All they really need to thwart is the fed’s free money policies and banks ability to give people mortgages at 50% DTI and 1% down.
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by freejulian85 7y ago
That's not how it works. There's always going to be someone willing to work in his sleep, plus 1 more hour of conscious time relative to the next guy.
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by freejulian85 7y ago
Sorry, my comment must not conform to the hackernews groupthink. If you think some vaccines don’t have significant side effects, you’re also not very smart (as so many comments are stating anti vacciners are).
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by freejulian85 7y ago
The government can’t even protect us from a known carcinogen - RoundUp. And we’re suppose to just trust them when it comes to vaccines and their side effects? Most anti-vaccine people I know don’t doubt it protects from a specific virus. Th
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by freejulian85 7y ago
And WeWork is worth 40B according to the big banks.
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by freejulian85 7y ago
The improvement in Chicago is due to people fleeing government subsidized suburbia.
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by freejulian85 7y ago
Are you kidding me?! Here in Chicago we have enormous financial problems and every year that goes by brings us further away from even attempting to fix those problems. The streets are falling apart, crimes go unsolved, pollution goes unpuni
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by freejulian85 7y ago
Perhaps you can start by naming some progress that has been made? I see very little.
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by freejulian85 7y ago
At some point people need to wake up and realize they actually have very little control over what the government is doing. How long have we been talking about fixing healthcare? 20 years now? Nothing changes. And Obamacare was not a fix, j
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by freejulian85 7y ago
Per wikipedia ( https://en.wikipedia.org/wiki/Quantitative_easing ): Quantitative easing (QE), also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of governme
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by freejulian85 7y ago
> BoA and Chase can attract sufficient deposits without offering 2.0% on savings Ummm, the fact that the fed is printing money for the banks seems to indicate otherwise?
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by freejulian85 7y ago
> Because banks aren't around to make the customers money, they are there to give the shareholders dividends. Fine, but that doesn't entitle them to free money from the Fed.
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by freejulian85 7y ago
We don't know what interest rates would be if the fed wasn't promising free money to the big banks. My credit union can offer 2.0%, why can't Bank of America or Chase or Wells Fargo? This is no different from the LIBOR mani
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by freejulian85 7y ago
I'm sure the Fed asked this article be written. They're buying assets from banks and giving them money. What is your definition of QE?
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by freejulian85 7y ago
It’s essentially QE4. Fed’s balance sheet is increasing (even if for a short duration). Make no mistake - this results in lower return on cash for savers. At a time when big banks call 0.05% “high yield”, this is the last thing we need. If
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by freejulian85 7y ago
Why should a country which can’t control its population growth receive more resources than one that can?
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by freejulian85 7y ago
I’m well aware what per capita means. China has 10x the people as Japan. Resources are finite and the earth is already burdened trying to sustain 8 billion people. China wants to improve their per capita gdp? They should reduce their popul
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by freejulian85 7y ago
China’s population is 4x that of the USA. It makes complete sense that their per capita gdp is therefore less. It should remain that way.
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by freejulian85 7y ago
People who support pro inflation monetary policy think they know more than those of us who still value the Austrian school of economics. They treat Keynes as settled fact.
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by freejulian85 7y ago
The fed has said that they use monetary policy to help “labor adjust to market forces.” This is what inflation does. It weakens the buying power of wage earners. Do it slowly enough and they won’t notice it happening. Our ancestors who fo
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by freejulian85 7y ago
> The majority of people already own houses and have mortgages. The majority of boomers maybe own houses. Exclude them and your claim isn’t even close to true. Regardless, this entire situation is a huge moral hazard. I think the majori
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by freejulian85 7y ago
This is no different than the manipulation that happened with LIBOR. Back then the media was quick to point out that the manipulated interest rate impacted pension funds, mortgages, and everything in between. The fed is doing the same thin

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