harryh

14 ms·

91.
by harryh 6y ago
To be more precise: The city has outlawed the construction of new housing to economically support the demand.
92.
by harryh 6y ago
It seems strange to have a tax that is based on the subjective motivations of a property owner. How would you even know why someone wasn't renting out a given property at a given moment in time?
93.
by harryh 6y ago
One of my answers for "Best scene about a meeting in film" (a super fun question).
94.
by harryh 6y ago
Too Big To Fail is also quite good and the third leg of my personal "Great Recession Trifecta." https://en.wikipedia.org/wiki/Too_Big_to_Fail_(film)
95.
by harryh 6y ago
It's certainly true that calculating imputed rent can be tricky and is probably subject to some error. However that does not make is meaningless .
96.
by harryh 6y ago
It's important to understand that while mortgages are not part of CPI, imputed rent is. So the consumption costs of living in a home one owns are taken into account.
97.
by harryh 6y ago
CPI takes into account the cost of shelter. https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-an...
98.
by harryh 6y ago
Yes, but with a larger cake, it makes sense to have more slices. There are other reasons that inflation is good too, having to do with sticky wages and recessions. I'm not sure how to work that into the cake analogy though.
99.
by harryh 6y ago
The size of the cake is not constant. It grows over time. We are much richer now than we were in the past.
100.
by harryh 6y ago
The traditional definition? What? "In economics, inflation (or less frequently, price inflation) is a general rise in the price level in an economy over a period of time." https://en.wikipedia.org/wiki/Inflati
101.
by harryh 6y ago
Anyone who argues this is a conspiracy theorist making statements not based on actual evidence.
102.
by harryh 6y ago
> A normal household has to pay rent or make mortgage payments. To arbitrarily exclude the biggest expense to consumers from CPI is pretty misleading. Housings costs are included as part of the CPI. I'm not sure why you think othe
103.
by harryh 6y ago
Solar power is becoming so cheap and plentiful that it is cheaper than free. At certain times you can literally be paid to consume it. All kinds of possibilities from that.
104.
by harryh 6y ago
Looks like it's rated around 1225: https://ccrl.chessdom.com/ccrl/404/cgi/engine_details.cgi?pr...
105.
by harryh 6y ago
Total land devoted to forrest in the US has been basically stable since the early 1900s and has actually increased a bit in the last 20 years. https://en.wikipedia.org/wiki/Reforestation#United_States
106.
by harryh 6y ago
you can count the 'missed out on income' as a loss against your company This is not true. At least in the US.
107.
by harryh 6y ago
175k to 660k in 32 years is only a 4.25% increase per year. That's really not much at all.
108.
by harryh 6y ago
This is super interesting. I was a pretty early adopter of Scala, but our org grew fairly frustrated with in in 2013/14 due to the slow compiler. We invested a ton of effort into building tools to mitigate this problem (effort we'
109.
by harryh 6y ago
Your assertion is not correct. The IRS is surprisingly reasonable about things. There are penalties and interest for failing to pay your taxes correctly, but they are also willing to cut deals to make things work. Criminal prosecution is ra
110.
by harryh 6y ago
You can't issues dividends to different shareholders differently (unless they have different classes of stock). All shares have identical rights.
111.
by harryh 6y ago
Saving money requires keeping cash (sometimes a lot of it) in the bank that could otherwise be put to productive use. Options contracts allow offloading of risk without keeping this excess cash sitting there doing nothing. It can be much mo
112.
by harryh 6y ago
I'm pretty sure that's how the stock market is actually intended to work. This should be obvious if you consider things like dividends. There needs to be a fixed number of shares, each with a clear owner for that to work. This i
113.
by harryh 6y ago
Yes indeed. The stock market has dropped to levels not seen since...early January. The economy is truly crippled!
114.
by harryh 6y ago
Retail investors (and any other investors) submit orders before the new security begins to trade. The first thing that happens on open is an auction.
115.
by harryh 6y ago
Why would you put 200 shares at $50 and 100 shares at $100 if you only had a $10,000 budget? That's misrepresenting your actual demand curve. Are you saying that an auction of this kind is a bit complicated, and it's possible to m
116.
by harryh 6y ago
If you are willing to by 100 shares at $100 or, say, 200 shares at $50 you can enter the following two bids: 100 shares at $100 100 shares at $50 This will satisfy your demand curve. In a direct listing, the initially listed shares will all
117.
by harryh 6y ago
No, this is not how it works. All the shares in the auction are sold at the same price. If the market clears at 60, a person entering the bids I described would buy 300 shares at 60.
118.
by harryh 6y ago
If you're willing to buy 300 shares at 60, but only 100 shares at $100 you can enter two bids: 100 shares at $100 200 shares at $60 This will satisfy your demand position.
119.
by harryh 6y ago
Not with a direct listing. Coinbase shares would be subject to an auction and the market for them will open at the price where supply meets demand.
120.
by harryh 6y ago
It's not a Gish Gallop because you've presented "a large number of evidence". It's a Gish Gallop because you've presented a large number of claims (you called out 4 specifically) each of which has extremely thi

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