ucaetano

82 ms·

751.
by ucaetano 9y ago
> The markets can be irrational for longer than you can stay solvent. Cute quote, now show me the data. > You can pull out silly tropes like some concept of "correct market pricing". Which means "correct" according
752.
by ucaetano 9y ago
> If you're borrowing at a fixed interest rate (or buying outright), you're also locking in price for housing against future rent increases.. and, currently in CA, against uncontrolled property tax increases too. Again, that&#x
753.
by ucaetano 9y ago
> Inflation is a tax on wealth but not income (which rises with inflation.) Not really. Inflation is a tax on those who don't have access to inflation-adjusted returns. If inflation is steady, wealth isn't taxed. But unexpected
754.
by ucaetano 9y ago
Exactly! And inflation is just another form of taxes.
755.
by ucaetano 9y ago
> I never understood that. I keep hearing about landlords ultimately sucking all the earnings of the society that lives on the land they own When you buy a house, you're essentially becoming your own landlord. Taxes aside, it doesn&
756.
by ucaetano 9y ago
> Care to explain? Sure! Caveat: please ignore taxes, emotional value and a few other country-specific details. When you're buying a home, you're doing 3 independent things: 1) Borrowing money (optional) 2) Making a capital inv
757.
by ucaetano 9y ago
> Isn't it because majority of Germans rent and majority of Poles buy? No. Economically, it doesn't make a difference. Although renting is better to society as a whole.
758.
by ucaetano 9y ago
> That means a pause in privatization, which Morawiecki says contributed up to 14 billion zlotys a year to the budget, a preference for domestic over foreign borrowing (the share of Poland's debt owned by foreigners is down to 50 pe
759.
by ucaetano 9y ago
Might be a good idea to put the trademark disclaimers in the bottom of the page ("Android is a trademark of Google...") just to preemptively avoid any trademark issues.
760.
by ucaetano 9y ago
Which comes just in time for the Lytro acquisition rumors: https://www.androidcentral.com/google-reportedly-buying-lytr...
761.
by ucaetano 9y ago
> That seems pedantic. Technology allows users to become "less and less power users" by giving them the tools to solve problems they were not advanced enough to solve before, or that were too time-consuming or difficult to solv
762.
by ucaetano 9y ago
> Empowering users to become more and more power users is literally the reason humanity bothers with science and technology. Quite the opposite. Technology allows users to become less and less power users. > It's sad to see profi
763.
by ucaetano 9y ago
> I wish they would spend more time providing tools for people to consume information in powerful ways rather than trying to 'tailor' experiences. Power users are a very, very small number, probably sub-million, generate zero r
764.
by ucaetano 9y ago
I've been monitoring the "trending news" section on Facebook since yesterday, just for fun. There has been zero mentions of Facebook, Cambridge Analytica or any related news.
765.
by ucaetano 9y ago
Unlikely that this is related. Insiders have to post and notify the SEC of plans to sell stock far ahead. Such pages are generated by robots all the time.
766.
by ucaetano 9y ago
While rationally you might think so, in practice you tend to act differently than that. Here's the best example: Let's say that you a running a risk of, for whatever reason, having to pay $1M in any given year with a 1 in 1M proba
767.
by ucaetano 9y ago
> In 2015, we learned that a psychology professor at the University of Cambridge named Dr. Aleksandr Kogan lied to us and violated our Platform Policies by passing data from an app that was using Facebook Login to SCL/Cambridge An
768.
by ucaetano 9y ago
Value is always personal, relative and variable. The value of things can be expressed in terms of any other thing. Right now, in your situation, would you rather have a coffee or a haircut? Would you rather have 2 coffees or 1 haircut? And
769.
by ucaetano 9y ago
> Interestingly, the value of most currencies is measured in terms of the value of other currencies, most of which have no value other than the trust recursively vested in them by civilization. This doesn't make any sense. The value
770.
by ucaetano 9y ago
Wow, even Motherjones shifted to a content-farm model?
771.
by ucaetano 9y ago
> Unless it is something illegal tech companies should respect freedom of speech. Why would they, when no other company has to? Freedom of speech has nothing to do with others having to allow you to use their services for your speech. &g
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by ucaetano 9y ago
Ads are taxed already.
773.
by ucaetano 9y ago
> Treating them as common carriers so they are not allowed to discriminate seems like something that is needed Common carriers for what? Google and Facebook are by definition discriminators. You access Google so it can discriminate for y
774.
by ucaetano 9y ago
You don't seem to understand the difference between economic profit and economic rent...
775.
by ucaetano 9y ago
They do frequently have government protection, especially in Italy, but in many other countries. Protection comes in many forms, such as special tax structures, protected denominations and excessive regulation.
776.
by ucaetano 9y ago
Actually that's the commonly used definition of free market in economics. You might be confusing it with laissez faire, which isn't necessarily a free market.
777.
by ucaetano 9y ago
Any company has democratic member control, but the "members" are the shareholders. Coops aren't any different.
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by ucaetano 9y ago
Yes, it's called dumping.
779.
by ucaetano 9y ago
At no point you talked about monopolies. And it has plenty of evidence in the real world, just look at AT&T, cable companies, ISPs, mail carriers, etc. And look at monopoly pricing. > The biggest problems of these companies is that t
780.
by ucaetano 9y ago
> The same is true for any business or corporation. No, coops here survive because of government protection against competition. > The real key factor here is that coops at least open up the possibility of workers sharing in the profi

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