20 karma · joined July 17, 2020
But my tips, drink more water, eat less and move more. If you do a combination of these things relative to where you are now, you will lose weight.
If their was more mentoring between senior and junior devs, and the junior devs we're enlightened to the all the employer bs, I think that would help solve alot of bad contracts; at least it would prevent juniors from accepting horrible deals.
Also, it seems to me that their could be something here beyond a standard union. Block chain / decentrailized union?... maybe. Let's not forget that we, the labor pool are selling our labor to the employees. And, tbh, devs are a hot commodity and with consensus among them, would have significant leverage as a group.
This could potentially cross borders too. Pulling up all devs from all nations.
If for instance I buy a 2-week NFLX Call option at a $2 premium with a strike price of $545, and in two weeks the price of NFLX is trading at $560 then I would exercise my option to buy 100 NFLX stock at $545 and could immediately sell it for a profit at the market price $560.
A lot of times also, speculators never exercise the option and just close the position by making the opposite bet. (i.e. sell the call option to another investor/speculator rather than buy 100 stock at the strike price)
Thoughts: I think this guy is making a fight against times as well as believing a fallacy that the stock-market 100% correlates with fundamental analysis of the underlying company. Yes P/E is high for many companies, and I have heard of a current "tech-bubble" but who knows. How much is "too much"? No one really does. Bet on the total markets long term and you'll probably be ok. Also buy BTC
My concerns:
1. Inflation - A UBI would touch into an increased money supply and higher wages which I think could push us towards demand-pull inflation. Possibly completely negating or at least partially negating the money earned through the program.
2. Funds - How would a successful UBI be funded? Would taxes increase? Maybe we just tax captial markets and use those funds? Could this somehow be a new role of the fed?
3. Social Programs - Currently, there are many unemployed making more then those working part-time and at minimum wage full time work. (This having to do specifically with the COVID relief added on top of original amount for unemployment). How would this effect incentive to work? Could it potentially impact GDP growth? (and by no means am I arguing that this is the only metric that matters. I am interested in the long term effects this could have. Obviously, "What are the long term affects of not having a home, to be able to afford education and food?" is the relevant counter question.)