roflyear

7 ms·

61.
by roflyear 1y ago
I think people will tend to argue two points: 1) Debt isn't bad in itself, running a deficit isn't bad in itself. (though they can be bad in some situations!) 2) The US is in the position to "fix" the debt problem in a l
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by roflyear 1y ago
Can you explain how this will work when the fed may have to raise rates to combat inflation?
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by roflyear 1y ago
Me too, would be good for sure. For the record, I don't have anything against leveling deficits if that's the goal.
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by roflyear 2y ago
What is your alternative solution? Something like weighting the tariffs based on US production? What's the calculation using this method?
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by roflyear 2y ago
It's going to be really interesting!
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by roflyear 2y ago
This is a fine idea, but having the cash during a recession to buy stocks is not always easy.
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by roflyear 2y ago
It is weird that HN isn't talking about tariffs at all - since this is probably the biggest economic mixup since COVID.
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by roflyear 2y ago
I 100% agree with you, but the Fed is independent and they only have a few levers to pull. They don't make policy and they go out of their way to not comment on policy. They say they are apolitical (though of course they are 100% pro-e
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by roflyear 2y ago
America is a massive consumer, so it will likely impact other countries, too. I've been seeing your perspective a lot lately online - that this will somehow cancel income tax. Where is that coming from? I haven't heard a single th
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by roflyear 2y ago
I think it is remarkable to see this on the front page but nothing about current markets or tariffs. ???
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by roflyear 2y ago
I don't agree with high CEO pay, but in the general case even with very-well paid CEOs, if you took their salary and divided it out to the other employees entirely it isn't that much. Apple for example, Tim Cook's salary is e
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by roflyear 2y ago
Are you for these recent tariffs?
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by roflyear 2y ago
For the market's aren't the economy crowd: I agree, and even to the extent it does say something about the economy, it is noisy and often inaccurate. However, there are a few counter arguments. When markets really tank, it does im
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by roflyear 2y ago
VAT is like a sales-tax but along the supply chain (with credits) - so it's like a complicated sales-tax. If you want to use that for argument, you should include US sales taxes in the calculation too. Which could be fair, I guess.
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by roflyear 2y ago
Yeah, I think best way is to look at the total tariffs collected by the EU on US goods - about $3.3b USD in 2023 - compared to imports ~$370b USD in 2023. So like, 1%.
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by roflyear 2y ago
It is how it works in all scenarios, though. Higher rates usually cause people to spend a little less which is a reduction in demand.
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by roflyear 2y ago
I think the dollar is around 50% of foreign trade - but anyway I am not arguing against that, I'm saying that it isn't related to trade deficits.
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by roflyear 2y ago
It's not off topic, as it's discussing moderation and the culture of the forum in a post about moderation & replying to someone discussing the culture, and I said nothing about upvotes. It is two strawmen without discussing an
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by roflyear 2y ago
It is not correct that an Asian business doing business with a Italian company first exchanges their currency to USD by selling the US goods then using that USD to complete the transaction. I agree with you that the current situation in the
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by roflyear 2y ago
With respect, those are two strawmen.
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by roflyear 2y ago
He's probably wrong about it. Imagine if you could do that in real life.
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by roflyear 2y ago
It's exactly my point that it's impossible to be critical of these guidelines on here, and I think that's a problem.
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by roflyear 2y ago
No, and if you read the tone of my posts and even the tone of dang (and others) here I would argue that my tone is not out of line and arguably more polite. But I'm the one that is rate limited in this thread and prevented from interac
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by roflyear 2y ago
Or - he's critical of SV and large tech companies?
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by roflyear 2y ago
Sure but I'm not even talking politics! My comment itself was barely a criticism of HN and, yeah, downvotes don't matter - but it's exactly what I am talking about. Any push against that coziness/bubble is not tolerated.
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by roflyear 2y ago
Yeah! Absolutely. They want the wheel to keep turning - and I do too, if I'm being honest! I get paid from the system like lots of people here. I just would like for more people to acknowledge that. IDK. Seems more honest and more fitt
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by roflyear 2y ago
Well, let's see how that plays out first, I did just post it a few minutes ago (refresh has me at 0 karma fyi)
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by roflyear 2y ago
I agree it depends on the definition. Quite honestly my vibe, and really that is all it is for any of us discussing this, is pretty much anything more aggressive than my comment above (or even including my comment above, once more people re
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by roflyear 2y ago
I really don't think that HN lets dissenting opinions thrive (well, not anything that is truly controversial but not clearly hateful). That may feel cozy but it's not a reflection of anything pure or good, imo.
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by roflyear 2y ago
Yeah, agreed - but I do think using vue, react, whatever on certain pages really has its benefits. Sometimes a UI really is improved by using features that Vue makes really easy to implement. Of course it's possible without Vue - but y

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