ObserverNeutral

9 ms·

91.
by ObserverNeutral 5y ago
> Goodwill with the government? No, with the people. What you could do is a direct deposit in each American bank account in a very public way. 180M adults * 10USD = 1.8B Not a joke but also not that much for Google to build long lasting
92.
by ObserverNeutral 5y ago
Lots of envious people in this thread. In the end the envy can be described as: "Larry&Sergey number is higher than my own number and the ego boost they get by looking at their number is bigger than the ego boost I get looking at m
93.
by ObserverNeutral 5y ago
Next libertarian candidate should run on this message: "Billionaires such as Bezos already pay 0% tax! Companies such as Amazon and Google already pay a 0% tax! Let's have a 0% flat tax for everybody to even the playing field!!!&q
94.
by ObserverNeutral 5y ago
> Public benefit, not hatred, is the primary motivation behind higher taxes on corporations and the wealthy All taxes are essentially a re-do or a refund at the socieatal level Corporations sell a product or a service, citizens see such
95.
by ObserverNeutral 5y ago
> More broadly, this would seek to interpret the lowest-tax anarchies as the most tolerant and loving societies and the highest-tax liberal democracies as most hate-filled, which seems equally suspect. The level of hate towards the elite
96.
by ObserverNeutral 5y ago
To avoid violent fighting. People hate those who are doing better than themselves and thus they come together to bring those anomalies down. Back in the days it was all done violently, nowadays it's done subtly via taxation
97.
by ObserverNeutral 5y ago
taxes aren't just a way to raise money for federal and local governments, they are also an elegant way which society has to allocate social hatred. You need a corporate tax because people hate corporations, a wealth tax is being discus
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by ObserverNeutral 5y ago
Of course you are in direct competition. Look at the village boss net worth vs Bezos. We all measure our success with net worth in dollars. That plus the internet changed the game. Now we approximately know each person net worth and especia
99.
by ObserverNeutral 5y ago
People live in the now less and less. Hence they buy products and services less and less...it's only natural that they'd look to do something with their money because interest rates have been at 0% since 2008 now. You can see this
100.
by ObserverNeutral 5y ago
They will break them up. Mark my words. People are tired, their products and services are becoming more and more pushing on a string with regards to quality of life. The iPhone is more than 10 years old and nothing new came after that. At t
101.
by ObserverNeutral 5y ago
> A 'store of value' is something that maintains it's price, not something wildly volatile, with regulatory unknowns that could affect price. As Nassim teaches us, "long term stability is only achieved via short term
102.
by ObserverNeutral 5y ago
> I won't bother to respond to the rest of your treatise other than to point out the obvious, which is that BTC is not remotely a solution to any of the things you're hinting at as being wrong. People who try and find "rea
103.
by ObserverNeutral 5y ago
> So the richest man in a village that has $X is probably happier than the wall-street banker that has $10X but is surrounded by people who have $100X The internet and widespread access to statistics and lifestyle content has sort of rui
104.
by ObserverNeutral 5y ago
then why the Fed was assigned the job of keeping prices stable? All the other parameters in the economy such as the stock market, real estate, interest rate are free to fluctuate but the Fed can use its powers to keep prices stable and peop
105.
by ObserverNeutral 5y ago
> A small proportion of a big pie can be much more filling than a large proportion of a small pie. This is for sure. But with regards to pure "increasing one's net worth while sitting on the couch" then deflationary is alw
106.
by ObserverNeutral 5y ago
Nobody is thinking about what you just said before buying bitcoin. And you know it. And actually they might not be as ignorant as you might think. You have no control over Macroeconomics so you might as well play the game in order to have &
107.
by ObserverNeutral 5y ago
Again. Back to the narrative and communication issue. People ascribe credit for their rising income and increasing salary to their performance on the job....some more humble ascribe it their employer and their boss. That's who takes cr
108.
by ObserverNeutral 5y ago
> If government disappeared civilization would halt. People who are confident in themselves and have the guts to go alone...they don't want any government protection, matter of fact they never asked for it and don't want to pay
109.
by ObserverNeutral 5y ago
> Governments have millions of extremely well organized heavily armed people who can kill you if you don't accept the medium of exchange they're proposing. Which medium of exchange are those extremely organized and heavily arme
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by ObserverNeutral 5y ago
If you are not the US government or a AAA+ company such as Microsoft ...then your creditors will get inflation back from you in the form of interest and then some. Never in a million years the regular borrower would be able to increase thei
111.
by ObserverNeutral 5y ago
What I meant is that the Fed has always been political, just look at the mandate: 1) Price stability which is a way of saying keep inflation low. That's because the population was scarred by inflation in the past and wants institutions
112.
by ObserverNeutral 5y ago
The time traveler post is really great . But the most absolutely bit is the "giving in to our greed" : "Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inf
113.
by ObserverNeutral 5y ago
> Why would people want deflation? Sure your dollars will be worth more but you’ll be out of work and the economy will be in shambles The narrative is important on this. When a recession happens, the message which is brought to the popul
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Quantumscape: A Pump&Dump Scam by Celebrities, Makes Theranos Look Like Amateurs [pdf](scorpioncapital.s3.us-east-2.amazonaws.com)
4 points by ObserverNeutral 5y ago|1 comments
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by ObserverNeutral 5y ago
Report from short seller activist Scorpion Capital Stock is down 10% on the news
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by ObserverNeutral 5y ago
I don't think retail makes that connection, also when there is a will there is a political way. Maybe deflationary preference with a moratorium on student debt and mortgages. Point being: people want to sit on their couch and enrich th
117.
by ObserverNeutral 5y ago
People are scared as hell of inflation and that's why the Fed was created. The "stable prices" thing is an elegant way to say "prevent inflation". Now people are really upset that the Fed not only won't allow d
118.
by ObserverNeutral 5y ago
People are scared as hell of inflation and that's why the Fed was created. The "stable prices" thing is an elegant way to say "prevent inflation". Now people are really upset that the Fed won't allow deflation
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by ObserverNeutral 5y ago
The same arguments you make against Crypto can be made against Central Banks and I'd say governments in general. There are institutions which only exist because humans project themselves into the future and imagine the consequences tha
120.
by ObserverNeutral 5y ago
Maybe you are mistaking Amazon for Tesla. Amazon was all about re-investing the extra revenues over costs. Bezos wasn't very popular on Wall St. for this strategy...or at least less popular than he'd have otherwise been.

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