mcfly1985

7 ms·

1.
by mcfly1985 6y ago
Rich old man wants you to continue using fiat money to keep you enslaved.
2.
by mcfly1985 6y ago
Ooo so brave, saying Bitcoin will go to 0! No one has heard that before!
3.
by mcfly1985 6y ago
> why shouldn't the price of loans (interest rates) be subject to the laws of supply and demand just like everything else? They should be. It doesn't work though when the Fed comes along and buys the lion's share of loans.
4.
by mcfly1985 6y ago
Try finding an inspector who actually enjoys the job. They do great work.
5.
by mcfly1985 6y ago
You're an idiot if you haven't realized the relationship between QE and US treasury interest rates across the curve. You're an even bigger idiot if you don't understand the relationship between UST interest rates and eve
6.
by mcfly1985 6y ago
Maybe that's your experience if you go with your Realtor's "suggested" inspector. Again, most home buyers probably just go this route since no one really cares about quality any more. I researched my own inspector and ch
7.
by mcfly1985 6y ago
Most home buyers waive inspection contingencies. The market is one big fomo frenzy for the past decade when fed artificially suppressed interest rates below inflation. I bet home buyers would happily ignore reading any pamphlet explaining t
8.
by mcfly1985 6y ago
Twitter allows all sorts of garbage claims about Trump from mainstream media sources which simply cite "anonymous sources". Most recently the NYTimes claimed to have Trumps tax returns - without evidence verifying the authenticity
9.
by mcfly1985 6y ago
> Cryptocurrency is certainly not a good place to put savings Found the short-sighted sheep.
10.
by mcfly1985 6y ago
Rent is not the same thing as house prices. Additionally, it's imputed rent - not actual rent. The fed released their own study just the other week showing that if house prices were included in the cpi as they were in the past, cpi wou
11.
by mcfly1985 6y ago
"Using my free speech to make my preferences known to limit other's free speech". Got it.
12.
by mcfly1985 6y ago
Another HN commenter who's never wrong and knows everything!
13.
by mcfly1985 6y ago
Europe banning speech doesn't make it ok. The truth has nothing to hide.
14.
by mcfly1985 6y ago
Yea, maybe an insured safe deposit box is the way to go. I'm not pretending to know the way to survive what's headed our way. There's a lot I like about bitcoin, but I don't know that it's the right choice. Just m
15.
by mcfly1985 6y ago
People buying debt are the people buying bonds. Would you lend 100k to someone for 30 years at 3.25%? If you do, I think you're foolish. However, if you're borrowing 100k from someone at 3.25% for 30 years you'll likely be ve
16.
by mcfly1985 6y ago
I strongly considered purchasing gold. I don't trust the paper-gold markets. I just don't know how to store it safely in my apartment. Bitcoin for sure has its faults...but for whatever reason I feel safe with it.
17.
by mcfly1985 6y ago
Luckily I was young and didn't have much to lose. We didn't experience hyperinflation, maybe something like 40-50% change in prices. I was hourly at the time but it took a while before I felt like my purchasing power was back to
18.
by mcfly1985 6y ago
The point is to have a large amount of fixed-rate debt that'll evaporate due to inflation. If there's another asset class I can borrow money at a fixed-rate of 3.25% I'd love to hear it.
19.
by mcfly1985 6y ago
Right - but this neglects the fact that the US has printed an enormous amount of dollars to finance an incredible amount of spending. So sure - the purchasing power is on par with other countries, but those other countries haven't had
20.
by mcfly1985 6y ago
As someone who's lived through significant inflation in his lifetime, American's are ill prepared. In my experience, the government will do everything possible to hide the fact that inflation is even happening. "Official meas
21.
by mcfly1985 6y ago
I think you’re confused - NATO isn’t an alliance if the US is the only one putting in any effort. Trumps specific complaint is (from your own article): > complained about the defence spending of European allies who committed less than th
22.
by mcfly1985 6y ago
> Because the person you've replied to has given a good argument and explained their way of thinking? What?! His comment is 100% opinion, with no supporting evidence. I guess that’s all hackernews needs, so long as it fits the Orang
23.
by mcfly1985 6y ago
Ah, the time old argument of “two wrongs make a right!” China is systemically stealing IP from European companies, research from European universities, and forcing labor into a race to the bottom. Europeans would be wise to stand with Trump
24.
by mcfly1985 6y ago
Your original comment added nothing of value. Everyone on hn is now dumber for having read it. I award you no points.
25.
by mcfly1985 6y ago
> None of these claims is real. Dude, you can’t even form a grammatically correct sentence.
26.
by mcfly1985 6y ago
The people complaining about censorship aren’t concerned about the removal of bots. They’re concerned about a pattern of behavior from twitter whereby they shadowban, remove, and editorialize viewpoints that don’t agree with the Valley’s id
27.
by mcfly1985 6y ago
Nice straw man.
28.
by mcfly1985 6y ago
You act like the American revolution is the only instance of this. The French Revolution is another example of people fighting for change.
29.
by mcfly1985 6y ago
You act like the American revolution is the only instance of this. The French Revolution is another example of people fighting for change.
30.
by mcfly1985 6y ago
Comforts I have because my American ancestors stayed and fought a war for, instead of running away.

More ›