jhulla

12 ms·

61.
by jhulla 11y ago
OK - I had to confirm the water-skis. You're not kidding: https://www.cms.gov/medicare-coverage-database/staticpages/i... Has Monty Python taken over the ICD?
62.
by jhulla 11y ago
That is funny. The wide range of codes is a great setup for coding errors: errors of omission, imprecision, using multiple codes to describe an event when a more accurate single code exists, etc. In the best case scenario, every doctor&#x2F
63.
by jhulla 11y ago
Coding errors abound in this space. For example, you can go to the CMS.gov to lookup ICD codes. This is what you get when you lookup the word "finger" https://www.cms.gov/medicare-coverage-database/staticpag
64.
by jhulla 11y ago
There is absolutely an advantage. FDIC insurance limits are $250K. Anymore and you take on a (non-zero) risk of the bank defaulting. Parking cash with US Treasury is substantially safer.
65.
by jhulla 11y ago
The problem is that the Fed must corner the market in Fed Funds in order to meet their objective. They must set the price floor. In the past, this market was small and controlled by the Fed. Now in ZIRP, the Fed claims they will solve
66.
by jhulla 11y ago
This is an excellent paper by the Bank of England about how money is created in modern economies: http://www.bankofengland.co.uk/publications/Documents/quarte...
67.
by jhulla 11y ago
Equities represent shares in real assets: factories, patents, etc. A pedantic discussion of where accountants draw the line on the definition of capital does not change the point: central banks have printed trillions and participate in cap
68.
by jhulla 11y ago
Central banks [Federal Reserve/European Central Bank/Bank of Japan/People's Bank of China/Swiss National Bank] are responsible for global capital misallocation. Due to immense and unrelenting political pressure, cen
69.
by jhulla 11y ago
What is not clear is this: 1. Who is selling the CNY for USD? Specifically is it another arm of the government? 2. More importantly: what is the new holder USD allowed to do with their newly acquired USD cash pile? Are they allowed to t
70.
by jhulla 11y ago
Sell Treasuries --> USD Cash What is being done with the USD Cash generated after the sale? Are the Chinese immediately selling the USD Cash to local CNY holders in order to defend the peg? What do they do with it next? Is the new US
71.
by jhulla 11y ago
This is a good summary of why people might buy negative interest rate bonds: http://www.vox.com/2015/2/5/7981461/negative-interest-rates-... e.g. Cash is not secure in your bank account. A government ba
72.
by jhulla 11y ago
QE is happening globally. As you noted, QE3 ended in the US Oct-14. On the final day of US QE3 ending, the Bank of Japan announced another round of QE in their economy. http://www.reuters.com/article/2014/10&#x2
73.
by jhulla 11y ago
> So far it's played out mostly like what he and other mainstream economists predicted. Oh christ on a cracker. Mainstream economists should have all taken their PhD diplomas off their walls and collectively shredded them in the fal
74.
by jhulla 11y ago
Here is Paul Krugman writing in a book review in 2014: "Almost nobody predicted the immense economic crisis that overtook the United States and Europe in 2008. If someone claims that he did, ask how many other crises he predicted that
75.
by jhulla 11y ago
I actually agree that government spending can boost GDP. Where Krugman doesn't get it is that we've already distorted markets so much since 2008-2009 that a burst of government generated demand will not move the needle in a sust
76.
by jhulla 11y ago
First, the market is made up of all of us seeing similar data and coming to our own conclusions based on our interpretations and self-interest. Second, the market didn't just crash in 2008, it melted down. There were fears of simulta
77.
by jhulla 11y ago
What Krugman and his ilk fail to address is capital misallocation. Placing capital into its most productive use is the definition of a well functioning market. We tolerate market distortion for greater social good: safety regulations, env
78.
by jhulla 12y ago
I do well with the Toshiba Chromebook 2. Intel Celeron N2840 Gorgeous IPS 1920x1080 screen. It is a lovely machine.
79.
by jhulla 12y ago
Not really. Estate taxes on large inheritances represent a tiny fraction of the overall federal tax revenue. There are many techniques for circumventing/minimizing the tax. Law firms and accountants whose sole purpose it is to legall
80.
by jhulla 12y ago
According to Forbes, hotels represent 97% of Priceline's revenue with 23% margins. Car rentals and cruises represented 9% margins and airlines at 3% margins. Assuming Expedia and Orbitz have similar profiles, then this is really a ma
81.
by jhulla 12y ago
Completely agree. In 2008-2009, there was an opportunity to take apart big banks after their gross misallocation of capital. Instead those very banks and bankers were fortified and rewarded to continue onwards. I still haven't figure
82.
by jhulla 12y ago
Misallocation of wealth is only a problem if it isn't "misallocated" to you. My question is this: how does this edifice collapse?
83.
by jhulla 12y ago
Krugman did not foresee the 2008-2009 financial crisis. If anything, bubble economics is his forte. See here: http://www.businessinsider.com/krugman-in-02-greenspan-needs...
84.
by jhulla 12y ago
You forgot QE1, QE2, twist, and QE3 where the Fed digitally created $4 trillion and bought up assets. That $4T didn't exist until the Fed conjured it up. Through a middleman, it was handed to the US Treasury.
85.
by jhulla 12y ago
Krugman's argument fails to see the massive misallocation of capital worldwide and the resulting instability and wealth distortion. Just like he didn't see the 2008-2009 crisis, his models cannot see the current distortions and wh
86.
by jhulla 12y ago
By the way, do you have children? I ask because the choice of school is far more nuanced than picking the one with the best test scores. For example, a school with the highest test scores may not be ideal for a child that struggles with co
87.
by jhulla 12y ago
Radio Shack has a warm place in my childhood: the Radio Shack Battery Club. As a poor nerdlet in the early 80s, all my electronic projects were built with scavenged parts. Even so, I needed batteries. Batteries were not cheap - say compa
88.
by jhulla 12y ago
How much of mobile ad revenue is VC money recycled by startups through facebook seeking installs of their apps? Is there a breakdown of this somewhere?
89.
by jhulla 12y ago
Your smiley face notwithstanding, suggesting that kids and or families are over scheduling is passing an unnecessary judgement. There are many, many deadlocks in scheduling children that cannot be easily resolved. If anything, the deadloc
90.
by jhulla 12y ago
It seems there are people who are DIY fecal transplants in the hopes of addressing various maladies and illnesses. https://www.google.com/search?q=diy+fecal+transplants

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