lend000

43 ms·

481.
by lend000 5y ago
TIL a LVT is currently implemented throughout Denmark, Estonia, Lithuania, Russia, Singapore, and Taiwan. Wouldn't it be more appropriate to analyze these countries rather than Houston when proposing such a dramatic policy shift? EDIT:
482.
by lend000 5y ago
I thought the whole point was that they don't own the land, only lease it.
483.
by lend000 5y ago
The problem with Defi is that you can't actually get loans, despite that being the whole purported point. It doesn't replace a mortgage if you need to put down 125% collateral.
484.
by lend000 6y ago
This is lacking in vision and short sighted. There are countless scenarios where humanity inevitably, eventually dies on Earth even if we abandoned technology and nuclear stockpiles (unrealistic), and went back to living in agricultural com
485.
by lend000 6y ago
People actively self-select for this type of tribalism. Be it sports or politics, it gives average people the feeling of identity and purpose. There was a brief period in the mid 20th century when centralized communication was far superior
486.
by lend000 6y ago
Of course. But even in Vietnam's case, geography is clearly playing a major role. Policy differences can explain variation within SE Asia, but all of those countries have spikes at the same time, and are in a relative bubble of land tr
487.
by lend000 6y ago
Those places all happen to be islands (South Korea being a political island). Regardless of population and density in the country, if you share land borders, you are subject to the whims of the least careful country on your subcontinent.
488.
by lend000 6y ago
Founders and early investors cash out billions in capital gains at a time every year. The brackets should reflect that.
489.
by lend000 6y ago
Finally, a common sense tax proposal. Fix the brackets before any of this wealth tax nonsense. We already have a thorough and effective system of measuring income in this country. I would add another bracket for 100mm+, as well as stretch t
490.
by lend000 6y ago
Market corrections are natural and useful. Every time we print huge sums of money to rescue equities and make debt cheaper, who benefits? Those with a high ratio of assets/credit to living expenses. While market corrections create a hi
491.
by lend000 6y ago
Yes, hyperinflation is a universal regime-ending event, but 50% annual inflation (a more plausible target while the USD is the world's reserve currency) is no joke, and would be on a completely different level than stagflation of the 7
492.
by lend000 6y ago
As wild as the housing market currently feels, I tend to agree with the author that we are nowhere near 2007 levels of overextension. Here's a chart that complements the data presented by the author, showing that there is still relativ
493.
by lend000 6y ago
Cap and trade is an imperfect and overly complex attempt at a carbon tax, which is a direct tax on the amount of pollution created.
494.
by lend000 6y ago
I may be ignorant, but aren't ARM designed CPU's (like the A78) miles behind their most advanced licensees, like Apple with the M1/A12? Isn't most of their value just riding on licenses of their established instruction s
495.
by lend000 6y ago
The issue is always a shortage of housing caused by zoning. Case closed. But let's pretend for some reason we can't build. As you say, there are two housing supplies in a city. One for long term residents and one for short term re
496.
by lend000 6y ago
Ah, yes, the hedge funds, too. So many evil groups conspiring to ruin your weekend. What you describe is only profitable if lots of people want to travel to the destination and they can keep the properties busy (it's a lot of work). Wh
497.
by lend000 6y ago
Whether you like it or not, the world is becoming more connected and global. If you don't like that, don't pretend that it's one company ruining the world for you. Just admit that you don't want to share your neighborhoo
498.
by lend000 6y ago
Who is to say what is a valid use of energy? How much energy goes into watching television? The pollution tax should be levied such that it provides the government enough to "undo" the pollution.
499.
by lend000 6y ago
Why should they be held under less scrutiny than CEO's? They typically have to clear their stock sales with the SEC months in advance.
500.
by lend000 6y ago
That's an amazing visual. Really helps to inform the debate. (Watch on full screen).
501.
by lend000 6y ago
You're proposing unnecessary complexity to solve a phantom problem. The wealthiest person in the world just sells a few billion worth of stock each year to fund his lifestyle/other companies. He pays the rate for the top capital
502.
by lend000 6y ago
Why go straight to a wealth tax? In the US, there exists a comprehensive system for measuring economic activity and translating it to income. To measure wealth would require a huge invasion of privacy (not only of the wealthy but the '
503.
by lend000 6y ago
There is some undeniable inefficiency to index funds in terms of rewarding underperformers and punishing high performers in the index. This effect makes it easier for the under-performers to attract top talent with stock options and raise m
504.
by lend000 6y ago
I'm pretty sure this exact scenario has happened, but instead of going the patent route, the startup got acquired and they all got nice retirement packages from Google (Waymo). If they can't find anyone to invest in them, are they
505.
by lend000 6y ago
I'd support a short (relative to the patent term) grace period to become a practicing entity. If you create a reduction to practice, you are a practicing entity. If you file a patent but can't actually build the thing (or maybe it
506.
by lend000 6y ago
The solution is the same. Submarine patents shouldn't exist.
507.
by lend000 6y ago
A parasite resulting from society's outdated patent laws, with a simple fix. 1. Only make practicing entities eligible for IP damages. 2. Reduce the duration of all patents by 50%.
508.
by lend000 6y ago
Well researched and interesting data from Dalio, as always. However, I think most of his conclusions and recommendations are both vague and overly complex. Yes, public education is not great in the United States. But it never was -- the wor
509.
by lend000 6y ago
Do Google/Azure have this?
510.
by lend000 6y ago
I'm amazed it was that high. Shows how much of a bubble I live in.

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