slv77

10 ms·

61.
by slv77 3y ago
Return on capital and deprecation tend to exceed energy input costs for most plants so it makes sense to run them 24x7x365 rather than over-size them and run them when energy costs are lower.
62.
by slv77 3y ago
Inflation rate targets can’t be higher than the storage cost of commodities. If the inflation target starts to exceed those costs people will transfer savings into commodities. As people start to hoard commodities prices begin to rise which
63.
by slv77 3y ago
I’m suggesting that making loans to people who can’t reasonably be expected to pay shouldn’t be the business of banks. Banks making loans to people who can’t pay is just charity with extra steps. Making loans to people who are reasonably li
64.
by slv77 3y ago
So you are suggesting that lending money to someone where prospective income is unlikely to cover principal and interest is not stupid because the creditors (who may be banks) have been able to structure the system that they won’t ever face
65.
by slv77 3y ago
Loaning $160K to someone who was unlikely to be able to pay that back was also a stupid mistake, no? Given that the debt is non-dischargeable not everyone is allowed to fail.
66.
by slv77 3y ago
The bad actors do buy SIM cards in large quantities and there are services that will rent out the numbers for SMS verification. It substantially raises the cost for someone that wants to register 100,000 fraudulent accounts without linking
67.
by slv77 3y ago
Malicious bots have gotten sophisticated enough that SMS verification and velocity controls are one of the few ways to manage Sybil attacks. Device and IP based systems can’t cope with the onslaught.
68.
by slv77 3y ago
In the case of religious organizations a lot of their assets weren’t purchased primarily as investments. Most religious organizations largest assets are in real estate sitting under their churches. The real estate may have appreciated over
69.
by slv77 3y ago
There are two main tax exemptions which churches benefit from in the US. The first is that donation are tax deductible for taxpayers that itemize their deductions. The second is that any income from investments is also tax free. This is the
70.
JP Morgan got a deal on First Republic(bloomberg.com)
2 points by slv77 3y ago|0 comments
71.
by slv77 3y ago
They have a large number of volunteers either proselytizing or serving in various countries. Security help ensure that the areas they serve in are reasonably safe. For example, moving out people in advance of the war in Ukraine [1]. These a
72.
by slv77 3y ago
High interest rates incentivize people to save now to spend more in the future and low interest rates incentivize people to spend now and spend less in the future. Young people tend to be in the spend now camp as they purchase homes, cars a
73.
by slv77 3y ago
High interest rates incentivize people to save now to spend more in the future and low interest rates incentivize people to spend now and spend less in the future. Young people tend to be in the spend now camp as they purchase homes, cars a
74.
by slv77 4y ago
Rents and speculation or any activity that allows someone to siphon off the productive gains of society that they had no hand in producing. For example, a company in nowhere-ville develops Mr. Fusion (home edition) and needs to expand rapid
75.
by slv77 4y ago
It can also cause cataracts ( https://news.fordham.edu/science/st-johns-wort-and-sun-dont-... )
76.
by slv77 4y ago
A lot of the fraud originated overseas with some of it from state sponsored groups. Prosecution is essentially impossible.
77.
by slv77 4y ago
There is a difference between monetary policy and fiscal policy. Monetary policy is set by the Federal Reserve while fiscal policy is set by Congress (as laid out in the constitution) The activist Fed under “the courage to act” Bernanke and
78.
by slv77 4y ago
Operating losses means that the Federal Reserve is paying out interest to banks in excess of the amount that it is earning in interest. Historically that wasn’t possible because the Federal Reserve didn’t pay interest on reserves. It has to
79.
by slv77 4y ago
Western Union got fined a half a billion dollars because it helped facilitate fraud: https://www.justice.gov/opa/pr/western-union-admits-anti-mon...
80.
by slv77 4y ago
Nobody profits when a bad loan is made. Money that represents a promise of future spending made to someone who saved instead spent is destroyed. The only question is who is going to pay the cost. In 2008 the wizzes of the banking industry h
81.
by slv77 4y ago
Traditionally banks which needed cash to balance their books worked through the interbank market. Interbank lending was unsecured but short term so the risks were manageable. If a bank was known to be insolvent however lending would quickly
82.
by slv77 4y ago
Pricing is the primary economic signal that guides investment in a capitalist system. When inflation runs too high the pricing signals break down as the result of speculation and hoarding. That can lead to malinvestment. Historically the Fe
83.
by slv77 4y ago
There is no need as they can just park the excess reserves with the Fed and earn a risk free rate with no duration risk.
84.
by slv77 4y ago
Unless the US is willing to redistribute wealth from capital to labor, from the old to the young and rich to the poor it will be difficult for the Fed to sustain high rates of inflation. Rich people can only buy so many cars and the old eve
85.
by slv77 4y ago
The Federal Reserve can but only by increasing reserves. This exposes the Fed by risk if the bank is shuttered. In that case the Fed is stuck with bonds paying 2.0% while it is paying more on reserves and ends up losing money every month.
86.
by slv77 4y ago
It also works against the Federal Reserves stated policy of shrinking their balance sheet due to inflation.
87.
by slv77 4y ago
These types of solutions were usually targeted at enterprise customers who had heavy random read and write workloads that needed to be non-volatile. The disks usually had a battery with enough life to dump the data to persistent storage in
88.
by slv77 4y ago
No private institutions with hard cash are going to be willing to take the portfolio because of the opportunity cost of investing that money at higher rates of returns. Any institutions that would need to borrow to buy the portfolio would n
89.
by slv77 4y ago
Juice companies extract the volatile components and them send them to perfumers who transform them into a specific flavor profile which is then added back to the juice. The flavor packs are derived from oranges so they don’t need to be labe
90.
by slv77 4y ago
Except that before the “I’ve Never Seen A Bubble” Federal Reserve and “Everything’s AAA” Credit Agencies got involved those prices were closer to $60/sq foot. The massive amount of QE since 2008 and 2020 has sloshed into the housing ma

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