The difference between investment and speculation is pretty established, isn't it? For example https://www.investopedia.com/ask/answers/09/difference-betwe...
4,077 karma · joined January 8, 2014
> the know-it-all condescension really rubs me the wrong way - do they clone these people or what? Where do they all come from?
In my experience the people being very optimistic about crypto real world use cases usually have their first exposure with economic theory from within the crypto sphere and lack the real world experience to know some actual pain points of the current economic system. For example the oracle problem is severly glossed over by smart contract approaches, which mostly try to solve trust issues that are essentially solved issues in the real world.
That's a meaningless number without context: The median income gain was 2000% (i.e. double the purchasing power loss) during the same period (median yearly family income was $3300 in 1950 https://www.census.gov/library/publications/1952/demo/p60-00...)
To my knowledge there is no evidence that more dopamine gets created when practicing unhealthy behaviour. Neurotransmitters are much more complex than the simplistic fasting model describes. If you don't have severe malnutrion (e.g. not enough tyrosine etc.) or Parkinson or ADHS or similar, the dopamine is just there in your brain, waiting to be released as needed. We don't create more of it just because we look at insta 50 times a day. And we can't use it all up through behavior alone (but things like amphetamines do, of course).
The metaphor of dopamine levels working like battery levels is simply wrong. High levels of dopamine correlate with good mood, but also schizophrenia. ADHS patients' symptoms can both get better and worse when consuming dopamin produgs.
Dopamine fasting is a mechanistic model trying to explain unhealthy behaviour patterns that can occur dozens of times a day.
Even with the little we know about the inner workings of our brains, this doesn't appear to be true: We have to actively build up alternative behaviour and critically inspect/change the cognitions that actually promote the problematic behaviour.
So if a person has unhealthy bevaviour patterns regarding social media consumption, just doing less of that without also actively changing the cognitions that lead to the unhealthy behaviour in the first place won't help much. We do these things because we have a mostly subconsious theory that doing this is good for us. If this actually isn't, than that assumption has to be challenged, and healthy alternatives have to be built up. Just not doing the thing for a while won't replace the assumption, unless one is abstinent for a really long time (think years).
No, it was reversed for political reasons. The majority of users were happy. https://en.wikipedia.org/wiki/LiMux
In general one usually gets more meaningful results when a) comparing geographically and/or culturally similar countries for things like these. E.G the UK has half the mortality rate of the US, Canada and the EU have 2/3 of the US rate. And b) compare trends, not single values. E.G. US rates are rising (which I as a layman would interpret as speaking against the firearms thesis), while the rates of Lithuana and Japan are falling.
Can't we describe the reality better if we accept that the "labor market" as an analogy to e.g. a potato market or washing machine market is a faulty model?
As far as I have read China heavily locks down regions if covid flares emerge, tests everyone in the region within a few days, then opens everything up less than a week later. This doesn't fit to the way more laissez-faire approach in the West.
I suspect this is more about interoperability, e.g. a charging station deal or something similar.
VW: https://insideevs.com/news/521666/volkswagen-group-sales-plu...
Tesla: https://www.statista.com/statistics/502208/tesla-quarterly-v...
And one day later it's 38.7%, which shows that daily fluctuations are quite high. Therefore my link to the 2020 average, which was 23%.
> taxes are close to the same in France with close to 31% of the cost only in Taxes [2]. That along does not justify the 2x difference of price.
Here it is in detail, the net energy prices in Germany vs. France are about the same: https://ec.europa.eu/eurostat/statistics-explained/index.php...
Indeed most average people were quite happy with the regimes. The dissidents, people trying to flee etc. were usually academics. (I'm from Eastern Germany, so this is anecdata, but at least the first-hand kind).
I suppose this is also true for China: The young people there have seen huge intergenerational prosperity advances for three or sometimes four generations.
This mixes up topics, though: central planning is largely orthogonal to political freedom. As a mirror, there were a bunch of authoritarian free market situations, e.g. in South America, but also Italy, Spain and Germany during their dictatorships.
> The US is remarkably decentralized,
Are you sure about that? My impression is that large parts of the economy are actually controlled by (quasi-)monopolies or oligopolies.
> In the end, central planning does not survive any good intentions of its originators.
Most European countries have a federal budget to GDP ratio of over 50%, suggesting that central planning actually does deliver in many segments of the economy, notably those where working market dynamics are very hard to achieve (esp. education, healthcare, pensions, social services, often also energy and water infrastructure).
Really simplified: Core inflation happens when most market participants think inflation is here to stay and act accordingly. Transient inflation is caused for different reasons, a current example was the supply shock that led to the rise and subsequent fall in lumber prices.
The distinction is important because in the current case there is a simple, one-time cause for the transient inflation: The disruption caused by Covid and is rippling through the layers of the economy. Most participants know this and therefore won't fear perpetual price rises, thus core inflation is pretty unlikely to occur.
No they aren't, they are decomissioning coal plants, too, and at a much faster rate than nuclear.
From 2013 to 2020 nuclear as share of Germany's energy mix went from 17% to 13%. https://energy-charts.info/charts/energy_pie/chart.htm?l=en&...
During the same time, coal went from 45% to 23%. https://en.wikipedia.org/wiki/Energy_in_Germany
> Germany kwh price is 2x compared to France
The difference is taxes, not production costs. Have a look at price composition for Germany: https://www.cleanenergywire.org/factsheets/what-german-house...