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qqqwerty
searching PlanetScale…
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331.
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qqqwerty
6y ago
The wealth transfer mechanism can be designed to account for that. For example, a negative income tax would work. Another thing to consider, the tax is on the producers of the fossil fuels, not the consumers. And those producers are increas
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qqqwerty
6y ago
The nice thing about a carbon tax is we can stop nitpicking over what qualifies as a significant contribution to the problem.
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qqqwerty
6y ago
As others have stated, no one really knows what is going to happen. But I also think that arguing about inflation vs deflation greatly oversimplifies reality. For example, the Fed's monetary stimulus is likely creating inflationary pr
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qqqwerty
6y ago
I mostly agree, but I think there are some caveats here. If the duration of immunity is shorter than expected, or if long term health issues turn out to be fairly significant and prevalent, then Sweden's strategy won't end up look
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qqqwerty
6y ago
But you can't make those trades anonymously. So everyone who even remotely profited from the stock movement gets put on the suspect list, and the FBI just went from needing to investigate literally anyone to maybe a few hundred people
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qqqwerty
6y ago
We haven't even rolled back the quantitive easing from the last recession. These financial rescues are now becoming permanent fixtures on our balance sheets. At least with health care, we would have something to show for these massive
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qqqwerty
6y ago
Nice! A few days ago I dusted off some cheap panels I had lying around and started using them to charge my phone and other devices. I figured since I was WFH might as well put those panels to use. The added bonus is that now that I am charg
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qqqwerty
6y ago
There are plenty of folks, especially on the technical side, that are here for the interesting work and high salaries. They could care less about climbing the managerial ladder. Also, millennials are starting to hit the mid-career phase, wh
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qqqwerty
6y ago
Every lease I have signed converts to month-to-month after the initial 12 month period. From my understanding, that is pretty common. The only places that I have seen that require 12-month renewals are the newer buildings with professional
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qqqwerty
6y ago
My understanding is that these price crashes are largely happening in the VHCOL (very high cost of living) like NYC and SF. One of the dynamics at play in the VHCOL cities is that the rent is so expensive that the cost of moving, even if on
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qqqwerty
6y ago
Not quite. Elon's strategies involve finding product/market fit in the short term for technologies that will be critical in the long term. But the companies themselves are on a knifes edge of survival. For example, if a meteor st
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qqqwerty
6y ago
Those expectations are reasonable when you are a blogger with little to no following. But at some point on the fame/popularity spectrum, those expectations become rather foolish. At the point where the NY Times is reaching out to write
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qqqwerty
6y ago
You seem to be misinterpreting the study. The $9-10 a month number is for the median zipcode in the US, which is unlikely to be an urban area. And it represents the difference for each 1% increase in Airbnb listings. So a median zipcode wit
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qqqwerty
6y ago
At least in the U.S., savings and checking accounts are FDIC insured. So savers would likely be made whole in the event of a bank run.
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qqqwerty
6y ago
> My comment was that I am content due to reasons not considered in the article, and that maybe those reasons should be considered when looking at the population as a whole and comparing them cross-generationally. You suggest adding more
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qqqwerty
6y ago
I think you are greatly overestimating the impact of technology on peoples QOL. The HN crowd are likely to be heavy tech users, but your average person is not. The average person might get their video from Netflix instead of Cable TV now,
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qqqwerty
6y ago
I think you have a strong disconnect with how impactful your high salary is on your quality of life. If someone has significant student loans and is driving for uber to make a living, I highly doubt they are traveling and staying in cheap h
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qqqwerty
6y ago
This is a fairly narrow view of the issue. For one, I think most people throughout history would refuse to trade places with previous generations, with maybe the main exception being those that were significantly impacted by war. And second
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qqqwerty
6y ago
Exactly this. In a similar situation I am aware of, a senior dev came in, found some measurable bottlenecks, convinced non-technical management that they could be fixed, and then fixed them. He is now the CTO. They key here is to find prob
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qqqwerty
6y ago
Which liberals? All of them? I highly doubt that. The vast majority of political leaders on the left have been highly deferential to health experts. I am sure you can find a stray tweet or two to support your narrative, but show me concre
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qqqwerty
6y ago
This is a gross misrepresentation of what actually happened. A flawed study was published claiming HCQ was extremely effective. The right was clamoring to re-open the economy and started promoting HCQ as a miracle cure. Rational people pus
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qqqwerty
6y ago
It is a complicated issue. And quite frankly, I think the policing issues are a flash point triggering unrest over the deeper seated inequality in our society. So it is hard to address the issue directly as the actual number of deaths are n
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qqqwerty
6y ago
There are a few reasons why home prices will take a while to shake out (if they do at all). The CARES act mortgage forbearance is likely preventing any panic selling at the moment. And home owners have a few other tools at their disposal to
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qqqwerty
6y ago
In defense of rent control, it provides a stabilizing force during a downturn. How many folks who live in an apartment that has been under rent control for 10+ years are packing up and moving into their parents basement right now? My guess
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qqqwerty
6y ago
Not everyone makes FAANG level salaries. There is a very steep gradient of salary levels in tech. At the top is FAANG, right below them are unicorns, and a few more tiers down you get to the bottom feeders, underfunded startups offering wo
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qqqwerty
6y ago
Its probably too early to tell how this pandemic will impact software engineers. There have been plenty of high profile layoffs, but there are also plenty of companies that are going gang busters right now (zoom, netflix, etc..). However,
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qqqwerty
6y ago
Facebook could probably layoff half their staff without even the tiniest impact on revenues. The vast majority of engineers in these companies are replaceable. The high salaries are largely due to the competitive market and the FAANG obsess
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qqqwerty
6y ago
I am as liberal as they get, and even I get bombarded with right wing memes and news via various social media. But yeah, I don't think the block parties are happening because of Trump. That stuff is going to happen because young people
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qqqwerty
6y ago
Do you think right wing media would be agitating for re-opening if Trump wasn't also doing the same? I live in a beach town in CA. We have had only minor issues enforcing the distancing rules. Despite what you may have read in the medi
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qqqwerty
6y ago
No, the states are trying to open back up because they are not getting any help from the White House. Trump has been actively encouraging the protests and McConnell has shot down any financial support for the states. Unlike the federal gove
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