Macross8299

6 ms·

1.
by Macross8299 5y ago
I'm not sure billions of dollars of QE that disproportionately benefit banks and the financial class is a desirable feature in any way.
2.
by Macross8299 6y ago
"Just wear a nice business suit to get your foot in the door" is just such laughably simplistic boomer advice regardless of the age of the person dispensing it. Not to mention the advice of actually buying a physical cookbook -- w
3.
by Macross8299 6y ago
I mean, yeah, NFTs are a massive speculative gamble and probably a poor one ATM, the space is too oversaturated. That doesn't make speculation in general a bad idea. His advice of "don't speculate with free stimulus money eve
4.
by Macross8299 6y ago
Yeah, don't speculate in anything high risk. Leave that to important people. Instead, just consoom and spend your stimulus on business suits and concert tickets. These people cannot stand the idea of speculative investments (such as De
5.
by Macross8299 6y ago
Condescending boomer advice on par with "walk in and ask to see the manager and give him eye contact and a firm handshake." Seems ostensibly helpful, is actually just meaningless platitudes and vague, generic advice that everyone
6.
by Macross8299 7y ago
If you intrinsically have something people want and you're physically weak, you'd best make friends with Samuel Colt, the great equalizer.
7.
by Macross8299 7y ago
That quote sounds much like the Gervais principle with the stupid and diligent being "clueless".
8.
by Macross8299 7y ago
If there was abundant supply, you could tell a landlord doubling your rent above current market rate to go pound sand. Rent control restricts supply.
9.
by Macross8299 7y ago
Trump has undone the Volcker rule portion of Dodd-Frank [1], for what it's worth Goldman Sachs, et al, would not lobby the government to get rid of a law that prevents them from doing something unprofitable. [1]: https://www
10.
by Macross8299 7y ago
There is definitely inside information on commodities, it's just rare that insider trading on commodities is prosecuted. You would definitely have an advantage in trading oil/gas futures if you had access to ExxonMobil's seis
11.
by Macross8299 7y ago
>Why do people keep posting this tired argument over and over? Sour grapes. Easier to pretend _nobody_ beats the market than honestly admit you're not willing to put in the effort to constantly discover new alpha. And it's fine
12.
by Macross8299 7y ago
"Random Walk Down Wall Street" is somewhat outdated and a lot of the evidence from behavioural finance doesn't really support its central thesis. It's more dogma than anything.
13.
by Macross8299 7y ago
It's kicking a person (or rather, a company) while they're down. Seems kind of tactless and tone-deaf to gloatingly tweet out your company's failure is a "lesson" a mere day after disaster hits the news.
14.
by Macross8299 7y ago
The popular perception is that the people leaving California bring their politics with them and vote for the same things they did in California, therefore making their new state just as miserable as the parts of California they fled.
15.
by Macross8299 7y ago
>Your politics are not superior. One would think that if you are moving away from California for reasons in part caused by political factors (progressive NIMBYism that opposes new housing development, tent city promotion), you would reco
16.
by Macross8299 7y ago
Vaporwave aesthetics are pretty interesting. The late 80s - mid 90s period of pop culture seems to have a lot of nostalgic and pseudo-nostalgic appeal for a lot of people.
17.
by Macross8299 7y ago
Why is this "cognitive dissonance" and not someone simply having a different sense of morality than you? Is everyone with different moral values than you suffering from cognitive dissonance?
18.
by Macross8299 7y ago
Calling people "human garbage" and throwing an tantrum does not magically make scarcity disappear.
19.
by Macross8299 7y ago
I can't speak to how well-backed their reserves are but the idea of a "wildcat bank" [0] almost certainly comes to mind whenever somebody mentions tether. Everything old is new again. [0]: https://en.wikipedia.org&
20.
by Macross8299 7y ago
For anything that isn't illegal -- offer user controls to block unwanted content.
21.
FCA (UK) proposes ban on cryptocurrency products(theguardian.com)
6 points by Macross8299 7y ago|0 comments
22.
by Macross8299 7y ago
It's a strawman because you are pretending that arguing for less restrictions on residential zoning (allowing the construction of more housing) is equivalent to arguing that distinctions between residential/business zoning shouldn
23.
by Macross8299 7y ago
It really depends on how precarious he thought his position was after the breach. If his career as an executive would not be significantly harmed by breach, trading 4 months in jail and 5 million+ future career earnings as an executive for
24.
by Macross8299 7y ago
Swiss Neutrality did not save them in WW2 either, only German strategic calculus and the idea within the German high command that a mountain campaign would be too costly in military terms. It wasn't their neutrality that saved them, it
25.
by Macross8299 7y ago
Unviable from a game-theoretic standpoint. If someone chooses to break that reciprocity, what can you do about it now that you've disarmed? Literally nothing, you are in a weaker position than before.
26.
by Macross8299 7y ago
>It doesn't make sense post 2016 because the war Russia is waging on the US is one with Information (fake news, Facebook) And what do you think their endgame is with this information war? They aren't pumping out the disinformat
27.
by Macross8299 7y ago
You joke, but Canada has disputes with Russia over arctic territorial claims.
28.
by Macross8299 7y ago
There are a significant number of Canadians (notably, the entire Conservative party, the official opposition) who feel that Canada underfunds their military.
29.
by Macross8299 7y ago
Doesn't that run contrary to the idea of Bitcoin being decentralized?
30.
by Macross8299 7y ago
>Because the monetary economists work to improve the economy of their whole country I'm really not so sure that can be stated as some universal truth when it comes to things like the IMF.

More ›