lend000

26 ms·

271.
by lend000 4y ago
You might as well be talking about the boogieman. Who are these whales who control the market? Why were so many mega-whales selling at $27K and lower this year, when they could have sold at the top? Michael Saylor is one of, if not the bigg
272.
by lend000 4y ago
> My point is that people often claim that inflation is tied very tightly to printing and that the government is full of idiots who should have known that printing would cause high inflation. Whether the people in government are idiots o
273.
by lend000 4y ago
I would say yes, there's definitely a delay. The price of the beef in your Big Mac was negotiated years ago. Ongoing supply contracts (which are made when companies feel confident about the prospect of inflation in the economy) probabl
274.
by lend000 4y ago
It was nowhere near the same magnitude. 20% in a few weeks [0], with even lower rates than post-2008 and the Fed's balance sheet at all-time highs. [0] https://fred.stlouisfed.org/series/WM2NS
275.
by lend000 4y ago
Perhaps I struggle to articulate this clearly because it seems so obvious. If there are 3 potential logical causes being discussed (QE, reduction in supply of commodities due to covid, and reduction in supply of fossil fuels from Russia sin
276.
by lend000 4y ago
While supply chain problems were real during the pandemic, especially w.r.t. automobiles, QE is by far the driving force of our current economic situation. Here is some data to put your talking point into context. Look at the recent product
277.
by lend000 4y ago
Predictably, the Fed's quantitative easing combined with stimulus created inflation. You can make a decent argument that the initial policy was the right thing to do. I mean, if you're going to force people not to work because of
278.
by lend000 4y ago
We can actually get a pretty good idea from looking at the spectral emissions, at least which environments are likely to be more common. On ptable.com [0] you can compare the abundance of elements in a human to the abundance on Earth, meteo
279.
by lend000 4y ago
There are so many examples of convergent evolution [0] here on Earth that it seems reasonable to speculate that many of the most useful compounds for life would evolve similarly many times over a large number of trials/planets. Since w
280.
by lend000 4y ago
The two most easily diagnosable metrics are a blood test showing reactivated EBV and/or a POTS diagnosis (which involves measurements of how your blood pressure and heart rate change while changing positions). Just because someone does
281.
by lend000 4y ago
The worst part is that even if we addressed the myriad cultural issues that lead to so many socially broken young people who may want to do such a thing, we now have a "school shooting culture," propagated by the media, inspiring
282.
by lend000 4y ago
Or auctioned with the proceeds going towards a small UBI check.
283.
by lend000 4y ago
Comment updated with correction: supply-limited instead of deflationary.
284.
by lend000 4y ago
There is plenty of marketshare that will buy Bitcoin for plenty of other reasons (store of value, protection from governments, criminal transactions, etc.), such that a lot of those reasons would have to be painfully clear to a majority of
285.
by lend000 4y ago
The fact that your factual, noninflammatory comment is being downvoted reflects very poorly on the state of intellectualism on HN. Every time crypto drops 30% you see the same tired arguments and cringeworthy jealousy / schadenfreude.
286.
by lend000 4y ago
The only way a true collapse to zero could happen for any other cryptocurrency is via a similar mechanism (either an unprotected mechanism to mint unlimited amounts of the currency in a rapid manner, which some mid-tier cryptocurrencies do
287.
by lend000 4y ago
I'd recommend an under desk treadmill if you work from home. You can get a solid one for $400 on Amazon. I haven't had back pain since I started doing 50% of my work walking (much easier to get used to than it sounds).
288.
by lend000 4y ago
Because no one is talking about doing both -- the only policy being discussed by populists is the simplistic option (cancel loans or don't cancel loans). Also, all of those loans (and I have a fair amount as well) were taken voluntaril
289.
by lend000 4y ago
Student loan holders already received 2 years of paused payments and an effective 20%+ reduction in debt due to inflation over that period. There is a lot wrong with our education system (including guaranteed infinite loans incentivizing hi
290.
by lend000 4y ago
I agree we can't just assume "wealth inequality" is inherently bad. That would imply that perfect wealth equality is the goal, which a number of communist and socialist government experiments have demonstrated to be a poor id
291.
by lend000 4y ago
This is a topic I truly want to become more mainstream knowledge. Wealth inequality only decreases notably during market corrections, which the Fed is determined to prevent at all costs [0]. The more the Fed distorts normal market signals,
292.
by lend000 5y ago
In my opinion, people who reject any "conspiracy theory" across the board are just as cognitively deficient as those who accept any controversial idea that challenges some conventional narrative. Conspiracies exist. Cover-ups exis
293.
by lend000 5y ago
Nice description. I didn't know atomic clocks just sampled Cesium atoms for a second at a time every once in a while -- I always thought they were somehow continuously amplifying that oscillation. So in reality, they are just recalibra
294.
by lend000 5y ago
You might have improved your original (or subsequent) comment by referencing a data point, source, or explaining why that isn't the case. Or even e.g. "source: I'm familiar with accounting rules in the industry."
295.
by lend000 5y ago
Do you know that? In typical broker-dealer tax reporting, gross sales would be reported as $10 billion dollars if you made 1000 low margin transactions with $10 million dollars. OP's point certainly isn't dumb and I'm now cur
296.
by lend000 5y ago
Rental vacancy rates remain near all time lows, construction is still expensive, the population is growing, and most cities are doing little zoning-wise to improve their housing supply. This bubble has a ways to go.
297.
by lend000 5y ago
Similarly, I doubt the IRS wants taxpayers to know how much it knows. What if the IRS has no idea about someone's Craigslist hobby fixing and reselling old computers that technically should be considered taxable and add 10% to their in
298.
by lend000 5y ago
I doubt there is anything specific about an exact one year holding cutoff, but I'd love to see a source. If anything, the fact that we're having this conversation suggests the long term investment theory has been demonstrated to b
299.
by lend000 5y ago
That's fine with me -- they shouldn't get a discount if it isn't a long term investment.
300.
by lend000 5y ago
I think the solution is in reforming capital gains taxes. You should only get the discount on taxes if you hold for 5+ years. And even then, the brackets should be more progressive for extreme (e.g. hundreds of millions) in income.

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