thoughtstheseus

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31.
by thoughtstheseus 3y ago
This article is relatable
32.
by thoughtstheseus 3y ago
It’s weird thinking the public policy measures enacted during the pandemic were designed to make wealthy people more wealthy and increase consumption of goods and services. We had a chance to use the pandemic to fortify our society against
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by thoughtstheseus 3y ago
RealPage/YieldStar is backed by the elderly IMO. It’s owned by private equity firm Thoma Bravo which was the largest recipient of public pension fund PE dollars in 2020.
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by thoughtstheseus 3y ago
Abstract: The US Federal Reserve System is conventionally understood as a private-market stabilising institution that has no settled role in supporting the fiscal power of the Treasury. Contra that view, this paper argues that the US centra
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The Fiscal Fed(papers.ssrn.com)
1 points by thoughtstheseus 3y ago|1 comments
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by thoughtstheseus 3y ago
They had no controls around cash and asset management. There was nothing to reconcile. Perhaps it’s criminal but it is certainly incompetence.
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by thoughtstheseus 3y ago
Yes. People are not coins or dice. Judge them by the whole person they are, not the bucket others put them in.
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by thoughtstheseus 3y ago
Defined benefit pensions do not mind higher rates. They use 6-8% discount rates for their known cash liabilities and can nearly fully immunize their portfolios with government bonds today. That’s maybe $1 trillion of capital converting into
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by thoughtstheseus 3y ago
Unions are not sophisticated economic coordinators. They’ve been captured by the elderly and low skilled employees. Many unions demand different compensation for the same work, old people get more money at the cost of our youth.
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by thoughtstheseus 3y ago
Economists have failed policy makers with their narrow focus on neoliberal economic policies and mathematical models grounded in fairy dust. If anyone wants to understand what effective economic policy is read Ha-Joon Chang’s work.
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by thoughtstheseus 3y ago
The PRC and its people view Taiwan as part of China. It would be viewed by many as an invasion of China and clear interference with its sovereignty. If the U.S. dares to integrate its sensor, software, and shooter capabilities with Taiwan i
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by thoughtstheseus 3y ago
The complaint is below for reference. http://lawyersforcivilrights.org/wp-content/uploads/2023/07/...
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by thoughtstheseus 3y ago
Those returns are completely different. Private equity assets cannot be easily sold. Try realizing that 11% return and you will quickly see it does it not exist. You need to take a substantial haircut to sell.
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by thoughtstheseus 3y ago
;
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by thoughtstheseus 3y ago
It’s unlikely to be a simple shift and more of a global splintering into various monies for different purposes.
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by thoughtstheseus 3y ago
The U.S. rejoined in 2021
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by thoughtstheseus 3y ago
You’re talking about improving the effectiveness of resource distribution. Read up on political economy. There are a few centuries of study on the topic. Unfortunately no one agrees on the answers so I’m not sure how an AI could make these
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by thoughtstheseus 3y ago
The sensor apparatus needed to “find” these UFOs is the same as the one needed for missile and drone defense.
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by thoughtstheseus 3y ago
Work from home does not work well if labor productivity is changing rapidly...
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by thoughtstheseus 3y ago
We have a real resource problem that can not be fixed by printing more money. Printing Money (expanding money supply) creates inflation now as supply cannot match demand.
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by thoughtstheseus 3y ago
Correction: + Legislating for the elderly. The federal debt may be ~$30 trillion but the funding shortfall for Medicare and SS is ~$100 trillion. Something needs to change.
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by thoughtstheseus 3y ago
This whole debt ceiling debacle is a symptom not the problem. Government spending far exceeds tax revenue. The fiscal deficit gap needs to be smaller or either: (1) the debt burden will ballon (2) protracted high inflation. We run trillion
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by thoughtstheseus 3y ago
Facebook is now a cash cow making $40 billion of EBITDA and $20 billion of net income annually. They have ~$20 billion of net debt or about one years worth of earnings. Debt investors likely believe the company can handle a higher debt loa
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by thoughtstheseus 3y ago
That’s a red herring. Why would the PRC invade the USA? That seems ludicrous on its face. Who is claiming this? An attack (likely to be some gray zone situation) is not an invasion. The panda Twitter account you linked to looks to be straig
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by thoughtstheseus 3y ago
The U.S. military is principally an expeditionary force. It’s designed to travel far distances. Not homeland defense. The PRC is concentrated instead on its own borders. Only recently have they sought more expeditionary capabilities. The PR
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Japan restricts chipmaking equipment exports(reuters.com)
2 points by thoughtstheseus 4y ago|0 comments
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by thoughtstheseus 4y ago
Lots of players are active in the battery recycling space. Tesla’s former CTO, J. B. Straubel, departed to start redwood materials in 2017 as one example. Until recently it has not been much of a problem. I suspect hybrids will be the inter
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by thoughtstheseus 4y ago
The same people clamoring for a bailout, Silicon Valley + VC, funded billions of worthless investments into crypto whose largest exchange lacked basic cash and customer asset controls. Why should anyone believe them? SVB is failing and reo
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by thoughtstheseus 4y ago
Individuals cannot hold DCBC assets except through a commercial bank. For the cash sweep the commercial bank could mail you a check? Or hold cash in a simple escrow account?
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by thoughtstheseus 4y ago
I did not notice anything being destroyed, can you elaborate? DCBC can be used to protect those with low income/wealth from inflation, offering tiered interest rates. It can be a tool for direct government subsidies & taxation.

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