wins32767

7 ms·

31.
by wins32767 4y ago
> Of course the fed has the power to create and destroy dollars. So to banks outside the US. That's how fractional reserve banking works. If I go to the UK and deposit $1m USD, and they loan out $900k of that to you, that UK based
32.
by wins32767 4y ago
You think there is complaining now, what do you think would happen if you lost 1-3% of your principal each year forever. And what do you think would happen to society of all that capital was sitting around doing literally nothing instead o
33.
by wins32767 4y ago
Do you really think putting it out as mortgages would lock the money up for a shorter duration? SVB had a reasonable amount of liquidity for normal stresses. They'd gotten close to breaching their regulatory cushion for spare capital
34.
by wins32767 4y ago
> specifically for US dollars they're both liabilities of the Federal Reserve. I don't think that's right. There are banks outside the US that hold US dollars that the Federal Reserve has no jurisdiction over. They creat
35.
by wins32767 4y ago
That's going to be tens of millions of dollars of fines. HIPAA is not anything to mess around with. Data breaches like that are an existential threat to a medtech.
36.
by wins32767 4y ago
Depends on the kind of taxes you pay. They can put a lien on your house, garnish your wages, etc. Eventually, sure they may put you in prison, but generally they aren't going to hurt you doing it unless you try to hurt them. You&#x2
37.
by wins32767 4y ago
I guess that's the state of the world today, where actual violence is rare enough that people start calling things that don't cause any bodily harm with the same term.
38.
by wins32767 4y ago
From Wikipedia: "In humans, disease is often used more broadly to refer to any condition that causes pain, dysfunction, distress, social problems, or death to the person affected, or similar problems for those in contact with the perso
39.
by wins32767 4y ago
That's actually part of how the disease presents.
40.
by wins32767 4y ago
They're proposing drilling into the caldera. I'm not sure releasing the pressure on the magma chamber is going to forestall the eruption...
41.
by wins32767 4y ago
I find it encouraging that our institutions are able to begin to course correct, that's reknitting the frayed social fabric from my perspective.
42.
by wins32767 4y ago
The only thing I see from him on google scholar is about mechanical ventilation for small animals. What's his background?
43.
by wins32767 4y ago
Then the legal system deals with them and your business insurance covers you (or doesn't). This stuff is a solved problem. Business transact in a low trust environment all the time all over the world.
44.
by wins32767 4y ago
Consider the income levels of the staff that work at shopping malls and what that implies for their ability to pay for reliable personal transportation.
45.
by wins32767 4y ago
Hardly anybody wants to self custody. It's the literal reason banks got started. If blockchain can't even solve the most basic use case of the financial system, it's not going to replace it.
46.
by wins32767 4y ago
ADD is like having that person interrupting you regularly. Saying "just use tools" isn't sufficient for everyone to get appropriate performance. Sometimes medication is the appropriate answer to banish the interruptions.
47.
by wins32767 4y ago
How effective would you be if someone stood behind you all day and interrupted you every minute or so on tasks that you found uninteresting? Would you perform at the same level as you would if someone wasn't interrupting you all the t
48.
by wins32767 4y ago
There is nothing to replace it. The reason the US dollar is the global reserve currency now is that the US is the only nation who is exporting enough currency to allow any two arbitrary counterparties anywhere in the world to get their han
49.
by wins32767 4y ago
I'm not sure how you see that a small piece of bad debt is the heart of the problem versus a government repudiating a loan guarantee during increasingly severe global contraction thus destroying the market for more risky (e.g. corporat
50.
by wins32767 4y ago
I once lowered my hiring bar because I was desperate. I ended up with a few bad employees that slowed us down more than the ones that turned out good accelerated us. Not worth the tradeoff IMO.
51.
by wins32767 4y ago
We'd all be vastly poorer because there would be much less capital available for future investments.
52.
by wins32767 4y ago
The author doesn't really understand the details of the operations of clinical trials, though this is a good overview of the kinds of outcomes that show up. I worked on operations software for clinical trials for about a decade, and t
53.
by wins32767 4y ago
California doesn't print money, the Federal Reserve does. California is required to balance its budget by law, like every state but Vermont. Nearly every state has more money than normal right now (some of it from high tax revenues d
54.
by wins32767 4y ago
Funneled a bunch of money into artist's pockets.
55.
by wins32767 4y ago
Part of the issue is that people are generally in favor, but those things aren't their top priorities and they're not willing to pay a high cost for them. A lot of the polling changes if you ask things like "How much would y
56.
by wins32767 4y ago
> That should also be left up to the engineers themselves to decide. I agree with the rest, but I don't agree with this part. Engineers should have a lot of input into the hiring process, but fundamentally management is accountable
57.
by wins32767 4y ago
He's not trying to displace the majors. In rural areas, owning and maintaining a bunch of fiber to service less than a thousand customers isn't a business Comcast really wants to be in unless they get paid a ton for it.
58.
by wins32767 4y ago
I'm saying that if Europe decides it wants to block off parts of its economy, the US would be perfectly justified in doing the same (to everyone's detriment). I could imagine a US based law that banned the sale of any durable good
59.
by wins32767 4y ago
I don't think it is a non-sequitur. The spying is part of the overall defense structure that enables the German export economy to function. EDIT: It's like saying "This thing you're giving me that allows my whole econom
60.
by wins32767 4y ago
I don't think it's reasonable that I'm paying more than my share of taxes for the defense capabilities that allows Europe free access to a stable world market and roughly rules based international order that underpins the exp

More ›