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scottcodie
searching PlanetScale…
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61.
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scottcodie
5y ago
Healthy people will generally continue being fine. However, people who are at high risk have a new reason to be concerned. I'm not sure what you mean by 'how it's suppose to work'.
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scottcodie
5y ago
Sure, and generally the shorter the term the larger the APR. Makes it sound a lot scarier, huh?
63.
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scottcodie
5y ago
The interest on $35 is only $4 since it is a flat rate not a reoccurring rate.
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scottcodie
5y ago
Sure, lets analyze who benefits. The US benefits from national security by having a semiconductor plant in the US. The local economy benefits in Taylor Texas. Companies benefit from having a close semiconductor plant. People benefit from lo
65.
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scottcodie
5y ago
I'm sorry, am I missing some sort of evidence of corruption for the Samsung plant? Is that a serious accusation?
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scottcodie
5y ago
That's a lot of what-ifs with the assumption of corruption. There is no fundamental reason why companies and the government can't cooperate for mutual benefit.
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scottcodie
5y ago
Over the past 3 years, my corporate bonds have outpaced inflation and only saw a 5% drop in price when the stock market crashed. Pretty good if you ask me. Society isn't going to abandon the idea of loaning people money to speculate in
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scottcodie
5y ago
Not necessarily. Let's review our options: regulate companies to account for every disaster scenario, let the government plan and provide assistance during disaster scenarios, or do nothing and let people suffer and let companies go ba
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scottcodie
5y ago
It remains to be seen if shifting the cost to taxpayers is harmful to the economy or not.
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scottcodie
5y ago
I'll take inflation over wild volatility any day
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scottcodie
5y ago
Yes
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scottcodie
5y ago
I want a stable currency that is easy and cheap to transact. All that other stuff is just idealism.
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scottcodie
5y ago
To your example, imagine what would happen if every retiree hoarded their money under their mattress instead of allowing capital to be reinvested. Inflation is an incentive to keep money moving. Generally, we can't keep prices at a per
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scottcodie
5y ago
Inflation isn't bad. Most of the world doesn't suffer from hyper-inflation. Decentralized finance doesn't provide a tremendous benefit over a trusted third party. High volatility and high transaction cost makes it a poor choi
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scottcodie
5y ago
Silicon is highly competitive so I doubt this will be much of an issue. Currently, processors are shipped with features turned off with no ability to turn them on later.
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scottcodie
5y ago
It's not your boss's responsibility to write good code, they likely don't touch code at all.
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scottcodie
5y ago
This can be better said as 'Writing as communication to an anonymous audience is an introverted activity', which is almost a tautology.
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scottcodie
5y ago
Don't be fooled, companies can absolutely sue their employees especially in regards to trade secret theft.
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scottcodie
5y ago
People are too shy on hardware costs. Many of my professional colleagues develop and optimize software full time that runs on a server that is as fast as the phone in their pocket.
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scottcodie
5y ago
The US isn't France and a set of transfers is a real solution. But I have no doubt that politicians will ignore the gravity of the situation to pander to their voter base. The huge cost of climate capture (likely 50% of our gdp) is pro
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scottcodie
5y ago
There's no silver bullet to solve this problem. If there were, we would have already done it by now. The government will need to weigh the cost of subsidizing rural residences with that of other policies. The outlook for rural doesn&#x
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scottcodie
5y ago
Here are some options: - Provide relocation subsidies to areas with public transit - Increase public transit - Treat bike lanes as first class infrastructure - Provide direct gas assistance and carbon tax rebates for low income earners
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scottcodie
5y ago
It's very important to consider the impact on marginalized groups and offset any impact through transfers.
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scottcodie
5y ago
It's easier than that, simply make carbon neutral transit cheap and carbon intensive transit expensive then the market will innovate. It's just no country wants to take a hit on their economy to force the transition to happen.
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scottcodie
5y ago
There are a lot of other costs to consider than only the total cost of the physical item. If you need full time dedicated tensor cards and willing to foot the datacenter and staffing costs then maybe purchasing the cards out right is a bett
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scottcodie
5y ago
IMO, you're mostly paying for the future value of having your ecosystem in aws. It's nice being able to leverage the things aws provides without an additional switching cost.
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scottcodie
5y ago
Sure, I'm just saying that it's possible to make an investment to preserve capital that doesn't impact affordability. It is still an investment because it beats holding cash. A 'good' investment would be one that be
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scottcodie
5y ago
That's real rate of return, not return on investment
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scottcodie
5y ago
People with top paying jobs are still able to afford houses, thats nothing new. The problem is that there is a growing proportion of people that cannot.
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scottcodie
5y ago
Inflation can make it an invest and keep affordability the same. It isn't 'by definition'.
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