vvarren

5 ms·

1.
by vvarren 5y ago
> But he soon discovered that the shade from the towering panels above the soil actually helped the plants thrive. That intermittent shade also meant a lot less evaporation of coveted irrigation water. And in turn the evaporation actuall
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by vvarren 5y ago
I stayed in an Airbnb in Bangkok and in the middle of the night we found a guy under the bed. Airbnb was kind enough to refund us the replacement fee of the key we took with us as we ran for our life. Awful company.
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by vvarren 5y ago
First word I got was disability!
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by vvarren 5y ago
Be careful what you wish for https://opensea.io/collection/take-the-money-and-run
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by vvarren 5y ago
Absolutely. In fact, inflation may be the strategy of choice to get the US out of its debt crisis. Ruling class is totally fine with inflation, because it allows them to raise wages to $15, 20, 25, 30 per hour and act like benevolent leader
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by vvarren 5y ago
Fair point. This housing boom is largely caused by wealthy investors bidding up the price of single family homes, with AirBnb completely unrelated. There are also some urban-suburban migration dynamics at play. I mentioned AirBnb to point o
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by vvarren 5y ago
I'll pushback against this point. I noticed that the popular discourse was all about unemployment benefits being the root cause of the labor shortage, when in reality the statistics said differently (i.e., stats from states which had e
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by vvarren 5y ago
I am the author and I appreciate your feedback. I actually wrote this piece to push back against the popular opinion that there’s a labor shortage due to “lazy people on unemployment benefits”. I don’t view asset prices skyrocketing as a he
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by vvarren 5y ago
I am the author, and my argument is in no means against rising wages. In fact, I think it’s about damn time that wages are rising. The $15/hr living wage movement has fought for this so long, that now $15/hour is barely a living w
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by vvarren 5y ago
Well the business case as of late is that the global supply chain isn’t as resilient as previously believed, with all of the disruption seen during covid. Primarily with surgical masks and medical equipment at first, but now with nearly eve
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by vvarren 5y ago
Hasn’t this been the trend for a while now, though? My understanding is that self driving trucks are still a decent time ahead of us, and logistics seem like the primary bottleneck causing a lot of these shortages. Labor systems will defini
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by vvarren 5y ago
That is definitely the solution to rate variability, but it doesn’t make sense economically. If you are borrowing money why would you also want to buy futures contracts, it would eat into your mortgage spending power when you can just trade
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The labor shortage is the catalyst for sustained inflation(warrenbisch.medium.com)
26 points by vvarren 5y ago|56 comments
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by vvarren 5y ago
My argument doesn’t hinge on the excess spending. Rather, the increase of costs due to a labor shortage, chip shortage, construction materials shortage, etc. is having a compounding effect across the whole economy.
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by vvarren 5y ago
So my understanding is that you’d owe a set amount in Fiat but you can make payments in crypto. Would you be locked into crypto for payments, at a designated fiat value or designated crypto value? Because if you borrowed in crypto for a hou
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by vvarren 5y ago
This so-called “transitory inflation” is really starting to seem like it will parlay into full blown inflation.
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by vvarren 5y ago
The real hill to die on is the private equity firms buying trailer parks, then extorting poor people who own trailers but not the land under them. Imagine having a 50 year old trailer you grew up in and you inherited, and it’s your only ass
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by vvarren 5y ago
Ding ding ding, we have the answer. I was in Lake Tahoe recently and my relatives there were saying how I should move there because there’s so many well paying jobs available… but the cheapest rent was like 1600!! This used to be an issue o
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by vvarren 5y ago
I tried to buy/lease a car recently and not a single one of the advertised prices was actually available. For example the commercials that say “lease a new 2021 Subaru for $250/month”. You get to the dealership and any of these fo
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by vvarren 5y ago
And meanwhile we would give them pay reductions because honor is worth far more than fake money
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by vvarren 5y ago
I’ve noticed that my own Instagram feed was only showing me content from large accounts and female friends who posted bikini pics. And if I decided to keep scrolling without liking a picture it would continue showing me the same post on sub
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by vvarren 5y ago
LOL. This is sarcasm, right?
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by vvarren 5y ago
But how do you know for sure that the Earth isn’t just a floating brain? Mycology suggests that there are neural networks within forests, and the vast variety of species act in a sort of symbiotic equilibrium. Perhaps human consciousness an
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by vvarren 5y ago
I just canceled one of my credit cards and then started getting DOZENS of emails from services warning me that they were canceling soon. It is absolutely stunning to me how many different subscriptions were flying under the radar. Sneaky sn