harryh

15 ms·

121.
by harryh 6y ago
What you are doing here is a classic Gish Gallop. https://en.wikipedia.org/wiki/Gish_gallop You're presenting a large number of unsourced claims with weak or non existent evidence that take time and effort to trac
122.
by harryh 6y ago
Having access to a logged in account is definitely not sufficient evidence for a support team (at Google or anywhere else) to allow for a password reset on that account. If it was, then someone forgetting to log out on a machine they didn&#
123.
by harryh 6y ago
Without food, clothing or energy you're not going to be buying cars or electronics either. At the end of the day, you gotta measure inflation based on where people are actually spending their money. Not on an arbitrary ranking of which
124.
by harryh 6y ago
When measuring the buying power of the US dollar, it's important to look at a broad based basket of goods that is consistent with how Americans spend their money. Focusing on just a few items that have gotten more expensive will delive
125.
by harryh 6y ago
stock market up 10% during pandemic! [counting from after the 30% crash] God these articles/tweets drove me absolutely nuts and they were everywhere . It was so disheartening to see.
126.
by harryh 6y ago
At the same time, the measures that matter - Healthcare, education, housing, have all gone up. I literally listed those three categories in my comment as components in the CPI calculation.
127.
by harryh 6y ago
CPI only measures a vary narrow range of goods The basket of goods used to calculate CPI includes thousands of items covering all categories of consumption by US consumers. It includes housing, energy, education, health care, consumer sta
128.
by harryh 6y ago
I'm not saying that these price increases don't matter. I'm saying that they aren't caused by inflation and that recognizing the distinction is important.
129.
by harryh 6y ago
When a subset of goods are rising in price at a faster rate than other goods you aren't really talking about inflation anymore. You're talking about something else. It's pretty important to recognize the distinction.
130.
by harryh 6y ago
If you believe that inflation is actually much higher than is generally believed by the public/markets you shouldn't care so much about mortgage payments > 10 years from now on a loan with fixed payments. The huge inflation you
131.
by harryh 6y ago
why doesn't he buy bitcoin after being paid in real money It turns out that this is actually what he's doing. The headline is wrong/clickbait.
132.
by harryh 6y ago
That is not at all what it says.
133.
by harryh 6y ago
Suddenly, the popularity and profitability of HFT starts making a lot more sense. If you think that the profitability (what little there is left) of HFT is due to maliciously manipulating the time of customer order submissions than your u
134.
by harryh 6y ago
Lots of negative EV bets have asymmetric upside potential. Should any rational investor put some over their portfolio in roulette spins every year?
135.
by harryh 6y ago
The author of this essay is a college undergraduate[1]. He has never had a real job. He has never raised children. He has never really been responsible for anything. He's never been tired (no, staying up all night to finish a school
136.
by harryh 6y ago
The VA budget is ~200B/yr right? Maybe a bit more? Homeland Security is ~50B? If we include all of both of those (and I would contend that "all" isn't really appropriate if we're just talking about the "militar
137.
by harryh 6y ago
see more of the profits of their labor If you look at wage income as a share of (wage income + corporate profits) it hovers between 85% and 90%. How much higher do you think it needs to go? See some relevant charts here: https:/&#x2
138.
by harryh 6y ago
The US invests more in education than it does in the military. In 2019 the US spent roughly 720 billion on the military. Public spending on elementary and secondary (high schools) was about 740 billion. That doesn't count all spending
139.
by harryh 6y ago
At the top of the thread, you said: "Our wealth in America is only because we are the reserve currency." This was the point I was disagreeing with. You are now saying something different. That's fine. I think there is some tr
140.
by harryh 6y ago
You're reversing cause and effect here. Previous countries didn't lose their preeminent places in the world because their currency stopped being the world reserve. Their currencies stopped being the world reserve because the count
141.
by harryh 6y ago
I think the value that the US receives for the dollar being the world reserve currency can be best measured this way yes. The US doesn't have a very high GDP because of the dollar reserve currency status. It has a high GDP because it i
142.
by harryh 6y ago
Our wealth in America is only because we are the reserve currency This is tinfoil hat territory. The US makes, perhaps, a few 10s of billions from seigniorage of dollars held abroad, but that's a very small number in comparison to th
143.
by harryh 6y ago
Most of my aversion to Taibbi is from his writing on Wall Street where my views are substantially to the right of his.
144.
by harryh 6y ago
I don't know much about Greenwald, but Taibbi routinely distorts the truth to fit his narrative. I'm not sure if that makes him a troll, but it definitely means he's not a journalist (or at least a good one).
145.
by harryh 6y ago
A vaccine was (and still is to some degree), in fact, unpredictable. When will one be developed? How effective will it be? Will it have any negative side effects? How hard will it be to manufacture and distribute? All of these are important
146.
by harryh 6y ago
I will go further here: the idea that there is a mass of people out there waiting to support a third party that would somehow better represent Americans is entirely without merit A huge number of Americans are socially conservative and ec
147.
by harryh 6y ago
Startups don't win because they save 50% on hosting costs. They win because they move fast on product development. AWS make the latter much easier due to all of the additional tooling they provide.
148.
by harryh 6y ago
Medicaid
149.
by harryh 6y ago
Send me your resume (contact info in my profile)? I am aggressively hiring EMs, and will definitely consider first time managers.
150.
by harryh 6y ago
This is a troll right? It must be.

More ›