machinebun

7 ms·

31.
by machinebun 5y ago
Deflation benefits those with savings and fixed-income and inflation benefits those with a large amount of loans - as well as making government debt easier to repay (at the expense of those with savings, treasury bonds and holders of govern
32.
by machinebun 5y ago
> Inflation is so low right now because the Fed is artificially forcing low interest rates. Dollars in circulation has little impact on it. Inflation in the short term has more to do with elasticity of supply than demand (unless demand s
33.
by machinebun 5y ago
> The top 300 biggest cities in the US are home to only ~20% of the population. I think it's actually 20% for the top 100 cities; but a total of 62.5% of the population actually live in cities (82% live in urban areas - due to incre
34.
by machinebun 5y ago
1) Neither houses nor stocks actually qualify for hyperinflation (50%+ rise per month); crypto is the only one that potentially could, though again, hyperinflation is generally not a concept applied to assets - it's specifically for co
35.
by machinebun 5y ago
> Other business loans are tax-deductible because we have a tax system based on net income. I want to make a distinction between productive use of capital and rent-seeking. If you're getting a loan in order to buy an existing piece
36.
by machinebun 5y ago
We don't have to have government take over housing, just relax the zoning regulation. The damn real estate owner's association has too much power - if we curb some of it, I will have no problem with privately owned real estate. Re
37.
by machinebun 5y ago
Labor used to be directly related to our ability to feed ourselves (when everyone was a farmer / hunter gatherer). No work = no eat. Nowadays, we have more productivity as a species if we do specific labor instead in order to feed ours
38.
by machinebun 5y ago
Let me remind you, in case you forgot, that the Muslim ban EO happened 7 days into Trump's tenure (as well as shithole countries remark). That's about all the "chance" I was prepared to give. If that's how you lead
39.
by machinebun 6y ago
Yes, but he can live on a cheap loan collateralized by his stocks and never sell - that way he pays no tax)
40.
by machinebun 6y ago
> It's like every single meaningful metrics are going down Except somehow life expectancy is the highest ever (excluding a small spike down lately in USA). Plus we took lead out of houses and gasoline, and smoking rates are down acr
41.
by machinebun 6y ago
There is a 7% employer contribution that does not show up on your payslip (as well as the 7% that does). Also the employer contribution to your health insurance does not show up but your part of it does.
42.
by machinebun 6y ago
Looking from the company perspective, it would likely be 20% of the fully loaded cost for an employee (of which pay is just a part) - I think fully loaded cost can be closer to 1.5x pay in some cases, so maybe 80% time for 70% pay makes mor
43.
by machinebun 6y ago
True, but when you own a part of Apple you also have to have faith that your shares won't be diluted to nothing via new stock offerings (which numerous companies have done in the past). So while there is intrinsic value in the shares,
44.
by machinebun 6y ago
Tell that to landowners in 1917 Russia :)