caprese

The fun part of the "I'm mad at those wealthy people over there" movement is that the industry the disdain is directed at is hotswappable.

I travel a lot. Pointing at "tech" is a red herring that ensures the most vulnerable people won't figure it out. I would say "tech" is the most inclusive of all the wealthy gentrifiers.

There is no specific university you have to go to, there is no specific fraternity you need to be part of, there is no degree you actually need, very different than high finance or upper class Chinese estate planners.

Yes thats the point

Make it impossible for them to operate in this market

Traditionally, but you can contribute if you think fixing the absence will help people or further a discussion

Today we are talking about drug use and arrest frequency

And you are talking about perceived demographics of police brutality. Are you not signaling with your essay and predilection to post stats on something nobody was talking about?

Sure if you had the stats folder with pdfs and links to contribute to the parent post that would be great! Its not currently practical for everyone to keep a list of every survey and study they have just to have an opinion or observation about something. But you can contribute with supporting or counter logic if thats the kind of signaling you like

yeah its really awkward when surveys show one distribution of illegal drug use across all races and socioeconomic classes

but then you see a completely different distribution about who gets arrested for it, and it is very disproportionate

all for some edgelord to say "but they commit all the crimes its fact see" and its really like everyone commits crimes, which is a depressing standard from one lens but even more depressing that one group simply doesn't get the privilege of doing illegal things because they'll actually get arrested for it

I really don't live in that world

I use PWA, SPA, CSS, SVG, the works and don't have any issue with Safari and iOS rendering the way I expect it to alongside Chrome and Firefox

> I have noticed that headers are often considered to be 'too technical' or even 'old tech'.

Are you or they able to elaborate on that? Headers are an active area of research/implementation for web security, are they working on any replacement to the entire concept?

> I was just moving along the path I thought we were supposed to be on.

Consistent

Also many people go through the motions of trying to make a baby eventually - or any of the rites of passage - she did it for a year with a husband and moved on. Checked the societal box one year out of the 30 adult years before she did it. It would be interesting to figure out if the universe came through, and/or he got his sperm count fixed and/or she got her uterus lining fixed to help with the discomfort.

> he out-earns me by a factor of 10-to-1 and he talks a good socialist game on Twitter

I appreciate this author and her recognition of privilege

When the A/B test tells you that you should

but you shouldn't

> Rich people do not avoid it because of taxation. They avoid other states because other states are terrible and they can afford to live here.

shehasapoint

I am HN and I see a growth opportunity at a 100 million valuation, just like the Series C investors did

WISH I WAS THEM!

It is perfectly fine to criticize and sit out an investment that runs counter to the history of the investible universe. It is perfectly fine to miss a rally because of it.

I find it relatable and find your being bothered by it to be unrelatable

It comes across like you are married to the area and its history in a way that the heavily transient population derives zero benefits in caring about

Whatever ship you are defending sailed long ago and also is not what the article is about

If I want a primer to tell people what they’ll experience, this is an article to encapsulate all that

If I want a museum, this isnt the article for it

Simple

Could a Family Limited Partnership accomplish much of the same goals?

Default treatment from the state of course would help, and to your point of people looking to government for consent or acceptance.

under what provision? pure discretion? has this ever been tested?

in 2008-2010 the FDIC got on the phone and brokered sales of smaller banks to large banks, specifically because they needed to do their part to stave off disaster with their thin credit line. Congress didn't ask them to do this, they just got on the phone because they had live capitalization ratio data.

> How do you talk about Silicon Valley without mentioning Stanford and Berkeley

Because it is a relatable hajj to tech Mecca that many others will experience for the first time, in the same context that this writer experienced it.

> Rolling over debt at an interest rate set by the private market is not sustainable. So, the ECB is somewhat trapped.

The issuers roll over debt at their own discretion. The ECB only has the risk of some issuers defaulting before those issuers pay the ECB back in whole, and to offset that risk the ECB limited the universe of eligible assets to as low as a BBB rating. I think it is merely embarrassing for an institution that uses public money to experience defaults, but it is accountable to no one and it creates that public money. It is more like a human-productivity futures contract.

And yes, if the ECB really feels at risk then it can lower the target interest rate deeper negative, and issuers will issue new debt at even more attractive rates since the money is free. Yes, this is your renew QE scenario.

The ECB is not trapped, the private wealth is.

Sure, it is a monetary policy twilight zone, but I think the market tolerance and financial market outcome is not as dire as is often reported. The worries are hyperinflation, but this is a currency term that would be called dilution in other asset classes. Managed dilution of a currency-share is what they are doing. The other worry is balance sheet unwinding, but central banks don't need to do that and can completely distort the market so that their position is profitable anyway (further dilution lowering interest rates so that the issuer can rollover debt instead of defaulting). The last worry is market intolerance to that currency's monetary policy, but the whole world is doing this right now there is nowhere for private money to go except crypto and art.

Yeah, I didn't conflate these concepts. Back to the question:

Why do you think there is a problem when the ECB can hold bonds till maturity? Central banks have an infinite time horizon, they are upgraded sovereign wealth funds. The issuers themselves can just rollover and create new bonds when their old bonds are reaching maturity, if they haven't paid them all off yet. This is commonplace. If they fail at having enough revenue or getting investor appetite for a new issuance then they default.

There are criticisms possible about central bank behavior, but as far as stability to the financial system what problem do you think there is? Central banks haven't been in the habit of actually unwinding their portfolios into an illiquid market, and their large bond holdings can just be repaid by the issuer.

> As someone who drunkenly bought 10 keys and unboxed gloves I can confirm. I'm now competing at a much higher level.

That's life and I'm glad that worked out for you.

is the european government bond market really having a liquidity issue? corporate and munis were never liquid basically anywhere. bagholders still get payouts from the borrower, so unless they default which hasn't happened yet, people still make a profit. the maturities and monetary policy are such that they can just rollover to a new issuance in the future

so it isn't clear that there is really any near term issue that money injectors can't manage, AT LEAST FROM the things you mentioned. I could think of other things but I'll leave you to come up with the succinct argument

in what sense?

bail-in's don't burden public coffers and would target disdain at the 1 company that was overlevered, instead of politicians

are you referring to the safety of your deposits? because that is different than causing trouble for the financial system

and then Uber's PR machine shows how much a stay-at-home mom just made driving someone to an NYC airport when all the other drivers dropped out

re-confirming all the stats in their prospectus about the unstoppable good their rides to airports are, investors love it

its more like the first thing you imagined was anarchy and ignored every scenario that accomplished what I described that is not anarchy where order and productivity is maintained

just because the dialogue is open right now, here is something about a different drug: I would like to see the government do something about fentanyl, people across all socioeconomic classes are dying and they wouldn't be if they knew what they were consuming.

"RIP everyone has their demons" really doesn't accurately describe that "someone laced their cocaine with fentanyl"

testing kits exist, but a regulated purchase would fix this

*cant reply to the parent anymore, but here is the answer to their 'slipper slope' rant about whats next:

most likely we'll have a nation leveraging its resources and productivity. we will have a nation leveraging its tools of governance to support those things exclusively. we won't have people expecting a governing institution to be an enforcer of things they merely don't like, but instead only promoting actions that make it more productive.

there currently are people that expect government to assume the role of avoiding tacit support of actions, by making it clear that it criminalizes any one found doing those actions, to that government's own detriment. it is less likely that people will expect government to make that choice, as private persons and organizations can do this on their own.

Dedicated VPN seems to be the only way to go moving forward

Sharing VPNs just makes it so that other people can tell you use a VPN

So the round trip is 35?

Must have got my tickets mixed up

Swiss trains are really expensive though, 20 min ride from Zurich to Zug is like $35 one way. thats a good racket they got going there I would expect train drivers to get a hefty cut of that

Is that not a respected trade there? Or perhaps unskilled labor in comparison to these jobs?

In the US there is a 1st amendment exception for obscenity under which these kind of prohibitions leverage.

Obscenity itself requires an average expectation of what obscenity is, otherwise the exception dissipates entirely.

It is therefore easy for me to see that the technological availability of this would change it. there would be attempts by executive branch and legislature that are obliged to simply say something “should” be illegal, and a court wouldnt be able to agree with that on constitutional grounds

> The experiment, conducted on anesthetized rats, may help us understand brain injury better

Maybe anesthetized rats process stimuli extremely differently, as the brain tries to determine location of input