branchless

C-u deletes everything to the left of the cursor

Risk is the best for arguments. When the writing is on the wall amass your forces and take another friend down with you.

I know it's not the main thrust of the article but to note: monopoly is supposed to end with one winner by a landslide because it was created as a critique of capitalism without land value tax. The original game had two sets of rules, one that was sustainable and one based on the current insanity you can find outside your window.

$700 for a suitcase. Good grief. Surely far more likely to draw the attention of an unscrupulous baggage person.

Normal people are horrible! Back in my tech glass tower to write a tracker to target advertising for loans, away from this filth.

Exactly. That's the real world.

Yes, which is a specific thing that by the way doesn't occur in practice and has a word prefixed to it: "local".

It's not a currency.

> Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.

First paragraph is all about the nation state. Currency is the state. Why would they give that up?

https://en.m.wikipedia.org/wiki/Currency

It's not a currency. It's not issued by the state.

No it's because no jurisdiction requires tax to be paid in bitcoin therefore it lacks the fundamental that drives the need for fiat currency that gives value.

Progress and Poverty: An Inquiry in the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth... The Remedy by Henry George.

https://www.amazon.com/Progress-Poverty-Industrial-Depressio...

Yet vanishingly few on hacker news wants to tax land, not labour.

And today the kill god knows how many by helping rich people in poor countries avoid taxes, via The City.

The British establishment are horrible.

This usd has entered the economy via universities. The inflation is already out there. The issue comes when the loss is chrystalized. As in 2008 the state is filling in a hole not building a hill.

The plough sidewalks in Quebec, it can be done.

I just got in from shoveling a lot of snow and I sure as hell won't be doing a marathon, ever. Shovelling snow is far, far easier.

Progress and Poverty more like.

But then they can't be rich. They don't get to keep on bringing in millions and millions because they are creating value. They are appropriating value because that's how our system works.

So sorry but they want to keep using land to farm you.

Agreed but there is no shortcut around a culture fixated on personal gain for personal profit. This seems to be built into the framework of the USA instead of being an optional dependency! With outcomes like high inequality, huge divisions, fake politicians etc.

The driving ideology is in direct opposition to genuine, casual, unmotivated concern/interest.

Many Europeans regard Americans as insincere in social interactions. I suspect many of these "tips" would fall very flat outside the USA. Americans always want to be your best friend, then it becomes clear at the end of the conversation that it meant nothing to them. Kind of a shame as it masks genuine kindness.

Exactly. We should have said to the banks "oh you need our help, let's see - what do you guys do when that happens? That's right, we are going to take you for everything you have".

We should own all the banks, all the land. We are renting our own countries back off these guys after bailing them out.

Surely any country with citizens having this conversation is close to collapse, no?

It was changed. Also fx is down for less than 30 minutes.

Nope. Investment banks are the main OTC for forex and they are shut weekends, as are major ECNs.

Something might be open that will change your money but there is no real liquidity on the weekend.

edit: do tell us hacker news instead of the downvotes...

Tax land and smoke the boomers out their oversized houses.

Voila.

This is totally wrong. Stock markets invest in productive endeavor, not in creating a shortage then "servicing the need for accommodation".

Secondly - and this shows you are living in a dream world - banks are not intermediaries of funds. When you borrow to buy a house credit is created not sourced.

And if every millenial tries to exploit other millenials by appropriating wealth instead of creating it, what then?

This is how we got to this total mess.

He also owns several properties and derives rent from them. Are people in their 20s going to benefit from:

1. get a time machine

2. go back 20 years

3. exploit your peers

He's full of it. I recall reading one time about him speaking about having a pound of oats in his hand and what a lot of raw energy that represented if used wisely.

That at then income of two other families whilst they struggle.

the rich are not in cash, they are in assets. Workers lose out under inflation (and I mean real inflation not some bullshit figure the state concocts).

No do not confuse land prices with rents. Rents are set by wages. Land prices are set by loose credit.

In London there are adverts on the steps I walk up on the underground. The busker spots are "sponsored". It's like the Clockwork Orange "aversion therapy" in terms of making you watch. I'm very aware of what the media is doing but it has to get through on some level. Much of advertising is telling you that you are incomplete and product x will complete you / cement friendships etc. Of course that is crap, but even just being told the first part has to have an effect.