The website is stuck on “searching” for me? Is this expected?
610 karma · joined October 21, 2015
"[Drunkenmiller] projects that if yields on the ten-year Treasury rise to the projected level of 4.9%, the government would be spending close to 30% of GDP each year simply paying back interest expense (compared to 2% last year) unless it monetizes the debt, which experts think is unlikely and Druckenmiller believes would have “horrible implications” for the U.S. dollar." [0]
The Fed has less actions available than you expect. Either the Fed lets inflation run hot, or the Fed raises interest rates to combat inflation, wiping out discretionary programs from the federal budget.
[0] https://www.forbes.com/sites/jonathanponciano/2021/05/11/bil...
10 years later, Netflix kick started the streaming revolution. In 2008, Netflix licensed the Starz catalogue of 2,500 titles.
In a podcast episode, Ben Thompson said Netflix was his favorite company to write about because they have successfully transitioned their business model multiple times to take advantage of technological shifts.
https://podcasts.apple.com/us/podcast/ben-thompson-platforms...
By handing out the biggest fine in Finra history, they are telling the government that government regulation isn't needed — they can regulate themselves.
It's against their financial incentive to have ivermectin, an out-of-patent drug, be authorized for treatment of covid. See https://twitter.com/BretWeinstein/status/1402647948371005441...
[1] https://www.fda.gov/vaccines-blood-biologics/vaccines/emerge...
Motor movements are some of deepest knowledge we have.
Under EIP 1559, each block will burn ETH — the amount of ETH burned increases as blocks fill up. The ETH burned can offset & exceed the ETH block issuance.
Over time, if ETH block space is full, the amount of ETH will decrease.
A system controlled by two players who move in coordination with one another.
techcrunch.com/2021/03/16/google-play-drops-commissions-to-15-from-30-following-apples-move-last-year
https://www.federalreserve.gov/monetarypolicy/reservereq.htm
Uniswap airdropped its token $UNI to all users on Sept 17, 2020. Uniswap is already at a $17 billion market cap. Coinbase is expected to IPO at ~$100 billion.
[0] https://www.theblockcrypto.com/data/decentralized-finance/de...
"Trust, but verify" is Reagan's slogan.
Basically, the judge sentenced him for a crime that he wasn't convicted of (murder-for-hire): 'When she [the judge] gave him double life plus 40 years, she said the "murders significantly justified the life sentence."'
The most heartbreaking part of the story is the letter Ross read to the judge before sentencing:
"If you find my conviction warrants a sentence that allows for my eventual release, I will not lose my love for humanity during my years of imprisonment, . . .
I will do what I can to make up for not being there for the people I love, and to make the world a better place.
Even now I understand what a terrible mistake I made... I know you must take away my middle years, but please leave me my old age. Please leave a small light at the end of the tunnel ... a chance to redeem myself in the free world before I meet my maker."