hahaxdxd123

17 ms·

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by hahaxdxd123 5y ago
I mean, every time is different in the sorts of companies/sector of the economy that fails. The large tech companies actually do have solid fundamentals. The dynamics of the business cycle remains the same though and some more specul
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by hahaxdxd123 5y ago
Yeah, it isn't like there are similar historically high inflation rates in the UK or Germany or the rest of the world. Nope. Biden's fault...
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by hahaxdxd123 5y ago
hacker news moment
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by hahaxdxd123 5y ago
Interesting that I can so easily argue the reverse in terms of her political alignments: Leftists: you should be able to have xyz . Oh, no, I don't have a feasible plan to implement it but I'm definitely saying you should have it
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by hahaxdxd123 5y ago
It has everything to do with "fundamentals". They're not making more land, and in California, they're also not making any more housing.
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by hahaxdxd123 5y ago
Always find it strange how much HN hates Google. It's not as society-rending as FB, not as monopolistic as Amazon, or opposed to open-source standards as Apple. Yet it's always the anti-Google threads that do well.
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by hahaxdxd123 5y ago
More like: DMV: "What does your car do to avoid running people over? This is a confidential process so that you can be as specific as possible in the name of public safety." Waymo: "[REDACTED]" Anonymous third party: FOI
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by hahaxdxd123 5y ago
Is it arguing to ask for sources now? LMAO > post random fact > source? > no source, but here's more random facts
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by hahaxdxd123 5y ago
Landlords in California might benefit from Prop 13, in which case their property taxes might be 10% of the landlord across the street. Yet all things equal, they charge the same. Landlords already charge what the market will bear. Taxing th
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by hahaxdxd123 5y ago
The guy has a personal preference for not wanting to live a reduced quality of life, and you're using that to insinuate he wants to genocide old people?
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by hahaxdxd123 5y ago
Debt is a good thing for Ford! The majority of their debt comes from financing the sales of their cars to fleets, dealers, or consumers. This earned them 1.7B last year. Tesla's real advantage imo comes down to not having dealers eat i
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by hahaxdxd123 5y ago
Ahh thanks for the correction. This seems like it's still pretty consumer unfriendly though - you still have to advertise the card price in store and then you can take a discount at the register, as opposed to advertising a cash price
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by hahaxdxd123 5y ago
I feel like this is just a more general trend of US legislators deadlocked so hard that it provides rent seekers the opportunity to step in and entrench themselves. I would argue that healthcare - which you mentioned - is another prime exam
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by hahaxdxd123 5y ago
The fact that Plaid even exists, and that their core business will probably continue to thrive for another decade makes me almost certain that the US will lose its stranglehold on innovation soon. In the US, I have to pass through so many r
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by hahaxdxd123 5y ago
Cool! The money was still spent on a good or service like it was intended.
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by hahaxdxd123 5y ago
Because you can't? Every purchase would be coded like they already are with credit cards. You can spend it only on the right category. Good luck trying to launder it when every transaction is logged and easily queryable. "Governme
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by hahaxdxd123 5y ago
You wouldn't want it. The Bidenbucks you get in a crisis would be the expiring money. It would force you to go spend it on food to keep your local restaurants alive, or replace your phone to keep the factories running, etc. Instead w
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by hahaxdxd123 5y ago
Money is definitely digital already, but I think the important aspects of this are the various implications of the central banks adopting modern tech. Take China's e-yuan: 1) You directly have an account at the central bank and spend f
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by hahaxdxd123 5y ago
I hate driving and am a danger to myself and others but I still have to do it.
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by hahaxdxd123 5y ago
What does "real" mean to you? L4 self driving in most parts of dense cities in the American sunbelt and similar constraints for trucking represents massive revenue and a real business in my eyes. If you mean driving like a human d
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by hahaxdxd123 5y ago
> What percentage of the average American's net worth is tied up in the footprint of their home? I think a better question is what percent of the average person's net worth is tied up in the unimproved value of their land? I po
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by hahaxdxd123 5y ago
> It seems to me that if you are ten times as rich as me then you will use less than ten times the land value I do Why? Someone living in Manhattan or Queens is certainly using 10x the land value of someone living in rural Idaho. If I we
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by hahaxdxd123 5y ago
Insane that you've been downvoted for this. Land value capture is literally THE example of economic rent. Adam Smith identified it in a little book called Wealth of Nations...
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by hahaxdxd123 5y ago
Ah, so this bill will tax gains from productive activities like investing in and building companies, while exempting gains from rent seeking activities like real estate. Why am I not surprised?
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by hahaxdxd123 6y ago
Yep, there's no way any young person will want to stick in the Menlo Parks or Palo Altos of the world when there are companies with similar pay that will let them live wherever they want - whether that be dense urban cores, or small to
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by hahaxdxd123 6y ago
Anonymously is unlikely - how would the government get their taxes?
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by hahaxdxd123 6y ago
Those things got cheaper because of advances in supply chains and technology. I mean you can just do the simple mathematics. Suppose there are 100 utility units of wealth in the world - machinery, homes, anything tangible to improve lives -
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by hahaxdxd123 6y ago
How would anyone get capital to do anything if you could see 5% gains just sitting on the money? How many fewer tech giants and unicorns would we see? We already know what happens when people aren't incentivised to invest - it's c
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by hahaxdxd123 6y ago
Like what? What economic value do cryptocurrencies provide over our traditional banking system? - being deflationary is not a feature, it's a bug. An inflationary currency incentivises you to invest it, otherwise you lose real purchasi