mrfredward

37 ms·

1. 331.▲
   by mrfredward 8y ago

   Fundamentals supporting gold: 1. It has industrial uses - this doesn't justify current prices, but it does provide support at low price points because there is a demand that will increase at lower price levels. 2. People are attracted
2. 332.▲
   by mrfredward 8y ago

   The situation is the result of a corrupt and incompetent government, and short of starting a war to overthrow said government I'm not sure what we can do. We shouldn't miss the humanitarian crisis, but given that the HN community
3. 333.▲
   by mrfredward 8y ago

   Maybe a more precise wording is "you can be forced to collect tax from others and must pay registration fees to collect said tax by politicians you do not elect and who act knowing you are powerless to object." The sentiment is st
4. 334.▲
   by mrfredward 8y ago

   It's true that being small is an advantage, but there's something else to consider: Long-term investing is a positive sum game--companies grow and return money to investors, so most investors make money over time. Short-term tradi
5. 335.▲
   by mrfredward 8y ago

   The real problem is the incentives the tax creates. It's per head, which means every time you hire someone, your taxes go up, and every time you fire someone, your tax bill goes down. It's a tax incentive for destroying jobs, spec