mdemare

Berkshire Hathaway does not pay a dividend - is it therefore speculation? Surely not - its valuation is based on it’s earnings.

Apple doesn’t sell any wired mice or keyboards AFAICT.

I heard rumors that a lot of towns just send their psychiatric homeless to SF with a one-way ticket.

So, China is a U.S. vassal state?

Milton Friedman has been dead for 13 years.

If WSL2 allows access to the GPU, chances are good.

Tensorflow doesn’t run on 3.7, only 3.6 (and 2.7). That’s a pretty major library.

The Dutch talk in whispers? Just ... no. (I’m Dutch). The Belgians and especially the French do talk very softly.

I would hardly call the Surface family cheap.

That was the original draft, but they chickened out and just decided to halve poverty by 2015 instead.

To Kill A Mockingbird is set in the 1930s.

The consequences of a falling dollar isn't "a nasty chain reaction of consequences", it's to import less and export more, which increases employment and leads to increased tax revenue.

> After Japan's savings rate hit near zero, and the people of Japan could no longer finance their government's reckless spending, they had to turn to Yen debasement to manage their debt interest problems

What? Japan is notorious for struggling with deflation, not inflation.

People have been saying that for ten years now.

If inflation ticks up, the Fed will raise rates, which will dampen inflation but increase the interest on new treasuries, which will presumably compel the administration to cut spending and raise taxes, and borrow less.

"Some people are more skilled than others, therefore inequality exists" - sure. But why would that predict _rising_ inequality?

During the period Hitler came to power, there was deflation, not inflation.

Inflation means your saving go to zero. Deflation means your mortgage and mortgage payments stay constant, while your salary and the price of your home falls by X% per year.

Oh yeah? https://twitter.com/BenedictEvans/status/938112396668805121

Payment costs in the Netherlands (ABNAMRO bank, english): https://www.abnamro.nl/nl/images/Content/022_Zakelijk_nieuwe...

Note that nearly all fees are flat fees.

You guess wrong. If a bank does not have enough liquid capital, it can borrow from the central bank. If the value of its deposits exceed the value of its loans, it’s insolvent. Stockholders lose everything. Depositors are insured up to $250,000, which is enough to prevent them from participating in bank runs.

My negativity toward bitcoin is that it’s used by con-men to scam naive techies out of their money. These kinds of financial operations never end well, and when they do, people will lose their life savings, their retirement, and many will respond by taking their own lives.

And people won’t be able to get out in time. When the price begins dropping in earnest, liquidity will dry up completely.

All of this has happened before, and will happen again. This is the most predictable thing in history, including the fact that Cassandras will be ignored.

And that makes me bitter.

According to Google autocomplete, the world is also running out of antivenom, bees, cocoa, doctors, energy, fish, gravity, helium, ip addresses, jobs, lithium, magnets, nutella, oil, phosphorus, rice, scotch, topsoil, vanilla and water.

Ok, that was pretty obscure. https://en.wikipedia.org/wiki/Thomas_Shadwell

> Even low and zero interest savings accounts are used by banks to back loans.

Only if banks have more lending opportunities than deposits, and that hasn't really been the case, (depending on which country we're discussing) since the crisis.

No, that completely depends on in what economic climate they'd be in. Exuberant spending in 2009 creates jobs, but in 1999 crowds out more sensible use of resources.

In a world with a $10K yearly UBI, income taxes for many people will go up by a lot more than $10K.

So much for never deviating into sense...

I'm pretty sure more than 1.7M houses get built every year worldwide.

Incidentally, ast also runs http://electoral-vote.com/, since the 2004 elections. Posts marked (V) are by him.

There is _massive_ evolutionary pressure going against this. To the extent that not wanting to have children is at all genetic, it will disappear from the gene pool within a few generations.

That the desire to "not want to have children" (especially among women) exists at all is caused by the sexual revolution (contraceptives), which changed who had children from "people who desired sex" to "people who desired to have children."

Starting from $0.08 per word.

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