dtwest

7 ms·

1.
by dtwest 5y ago
You are correct, some know what they are talking about. But there are also many people who think that being a smart person in one field makes them a smart person in every field. It is disrespectful, it implies that they think their field is
2.
by dtwest 5y ago
Reading HN comments about the stock market is like listening to a bunch of MBAs talk about software engineering.
3.
by dtwest 5y ago
An issue with using fiscal policy this way is that many of the things that are worth spending money on aren't easily movable levers, they are long term projects. If inflation is accelerating and we need to cut spending to fix things it
4.
by dtwest 5y ago
These are good questions to be asking, and they are all theoretical possibilities. Some people see this as an opportunity for improvement, others find it deeply concerning. Central banks do not necessarily need to abide by the old definitio
5.
by dtwest 5y ago
Columbus metro area is roughly the same size as Cleveland metro area so I don't think that is the reason. However, it could still have a talent advantage. Having OSU nearby is helpful, and maybe it is easier to attract talent to move t
6.
by dtwest 5y ago
You make some fair points about money and mistrust but the parent's argument is not unfair. You mention that you "became a Swede" by adopting Sweden's values. America doesn't have one unified set of values due to be
7.
by dtwest 5y ago
They were going up a couple of years ago. https://fred.stlouisfed.org/series/FEDFUNDS
8.
by dtwest 5y ago
This is interesting timing given what has been happening related to Evergrande. It is possible that the government is worried about money being moved out of the country, and cryptocurrency is one way of doing that.
9.
by dtwest 5y ago
Important to note that that is the weight before cooking, a frozen patty will lose a lot of water weight in the cooking process, so what you end up getting is not a full 6oz.
10.
Intel CEO says fab planned for Europe will be world’s most advanced(fortune.com)
2 points by dtwest 5y ago|0 comments
11.
by dtwest 5y ago
Afghanistan and Korea are vastly different scenarios, perhaps the main difference is the situation the US put themselves in rather than a change of core values.
12.
by dtwest 5y ago
Could you elaborate on how the US data is manipulated or why it is lower quality than Israel's?
13.
by dtwest 5y ago
Maybe they should. But I can't help but comment that you're abusing statistics here. Smaller population countries like Canada and Australia pollute more per capita than the US. Also, the carbon tariff should ideally be applied on
14.
by dtwest 5y ago
That may be true, but your quote is from 1947.
15.
by dtwest 5y ago
Being stuck working at Google or Facebook is a bit different than being stuck in a concentration camp from the perspective of consent don't you think? I'm not belittling the discussion that our society must have about what can or
16.
by dtwest 5y ago
Not trying to take away from your main point but isn't Arduino Italian?
17.
by dtwest 5y ago
It is important to point out that the Americans concerned about Russian hacking are often not the same Americans concerned with protecting free speech.
18.
by dtwest 5y ago
Long simply means taking a position that would benefit if the stock/currency/commodity/bond/etc goes up in value. Similarly, being short generally means the opposite (although in specific situations it can mean selling s
19.
by dtwest 5y ago
How is that in validation of MMT? We ran a huge deficit this year supporting the economy during covid. We are also seeing a spike in short term inflation and a weaker dollar. Treasury bond yields remain low but there is increasing speculati
20.
by dtwest 5y ago
When battleships and tanks are the weapon, manufacturing capacity powers the war machine. Perhaps drones usher in a new dynamic in that regard too. Maybe it's not how many drones you produce but how well programmed they are, what senso
21.
by dtwest 5y ago
We don't treat them the same, and we shouldn't treat them the same. Having a multi layered tax policy is complicated and has proved difficult to enforce. Multinational corporations have shown time after time that they are able to
22.
by dtwest 5y ago
"It’s a shame that Biden had to back down from the initial 28% because of domestic opposition." You are misrepresenting the situation. A 28% global minimum was never on the table. 28% was Biden's proposed domestic rate (which
23.
by dtwest 5y ago
According to the Federal Reserve, China's money supply is larger than the US. GDP levels don't directly map into money supply. https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org&#
24.
by dtwest 5y ago
No it works both ways. When someone says there is a labor shortage it doesn't mean it's labor's fault, it just means that labor has the power to set prices. If companies want to hire they need to raise wages. If a company can
25.
by dtwest 5y ago
This is a very surprising number given the expectations. There are many companies hiring in the service sector that cannot find enough workers. As such, average hours worked is skyrocketing as well: https://fred.stlouisfed.org&#x
26.
by dtwest 5y ago
Overall GDP isn't a measure of richness. Luxembourg is richer than India, it doesn't matter that India's overall GDP is higher.
27.
by dtwest 5y ago
The issue is that success and quality of life are subjective. While it would be great to measure them the same way we measure GDP, I do not think it is possible to do so without using many different metrics. You are correct that GDP is bein
28.
by dtwest 5y ago
Creating semiconductor fabs takes billions of dollars in investment and can only be achieved by a few very large companies, most likely with government support and coordination in any country that builds them. While it is true that China ha
29.
by dtwest 5y ago
China already knows this, and has known this for a long time, they didn't need recent US actions to remind them. But I agree with your sentiment on the first point, what a huge strategic mistake.
30.
Intel to invest $20B to build 2 factories in Arizona(reuters.com)
4 points by dtwest 5y ago|0 comments

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