snarfybarfy

9 ms·

61.
by snarfybarfy 8y ago
No! He is advocating that 'mortage payment' != 'rent' Costs to own roof over your head are in reality: mortgage + running costs + depreciation + cost of capital
62.
by snarfybarfy 8y ago
I also completely agree with #1. What adds insult to injury is that in securing a roof over your head you have to pay 'market' rates that include somebody elses profits (i.e. interest on capital) Why can't it be more like oth
63.
by snarfybarfy 8y ago
No surprise there, if you look at the trade surplus China has. They send us a few million metric tons of stuff each year and we give them a few numbers in a computer in exchange (USD or EUR). Now they try to get something real for a small p
64.
by snarfybarfy 9y ago
That's a bit of a lame argument, along the same lines as the 'trickle down' effect. It probably depends on whether your economy is limited by consumer demand or by insufficient investments. For most developed nations it is cl
65.
by snarfybarfy 9y ago
Slightly of topic, but I always find it funny/sad that all over the world: Driving a car you (and also partially others not owning a car) indirectly pay non market land cost, construction and maintenance costs. Whereas getting a roof
66.
by snarfybarfy 9y ago
Funny how they are coping with signing up users just fine. Takes about 5 mins for somebody to check your ID and create an account. Support however seems not to be a priority to them.
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by snarfybarfy 9y ago
The 'Free market principle' does not necessarily imply zero profits. It's more along the line of: The profits should stay in line with the risks that the enterprise needs to take. More risky business sectors should (e.g. mor
68.
by snarfybarfy 9y ago
Taxing excess profits should be somewhat analogous to patents. (Well, except for the huge mess that patents these days are, but I am more talking about the conceptual reasoning behind them). The creator gets a time limited monopoly to pay f
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by snarfybarfy 9y ago
The product you seem to be talking about is not part of 'the market'. Otherwise competition would drive the price down to intrinsic cost + small profit (remember the 'invisible hand'?) 10 years and 1000's of lawyers