Awesome.
7,613 karma · joined September 20, 2013
These fields could affect the launch and operation of satellites. Or maybe they will help shield us further? Or affect our atmosphere in some way? To be studied...
NYC and Boston (and the US in general) are lucky to have had an architect of his caliber designing green spaces...we could use some more of those to catch up with Europe ;)
Also interesting idea here...correlates with talk is cheap...but wonder if there is a word or phrase that captures this idea from Bushnell, the Olmsted family pastor:
"The most important and constant influence that people exerted on each other, Bushnell believed, was not verbal, but rather a silent emanation of their real character that showed in their habitual conduct and made itself felt at a level below that of consciousness."
really neat hack. using the lighter to create EM interference. better go light up next to my DDR bus and see what happens :)
If there was less money in the system a lot of these quasi-innovative companies would die, or not even get off the ground. But there is tons and it is leading to the misallocation of a great amount of time, energy, and intelligence - at the cost of future generation's standard of living.
Verizon's next 5G investment is to build out the mid-band portion of its 5G network, in the C-Band (mid-band, 3.7-3.98 GHz, good speed, good propagation)
VZ spent $54B on C-Band spectrum in March, then committed to spend an additional $10B over the next 3 years to deploy towers to use that spectrum, and that's above the $18B they had already planned on mid-band 5G CAPEX
VZ is taking on a lot of debt to build out the mid-band portion of its 5G network, and this sale will help them chip away at that huge mountain of debt
Purdue steered over $13B directly to the Sackler family by aggressively marketing opiates, misinforming doctors and the public about their dangers, and giving medical software companies kickbacks to push more addictive long-release versions of their opiates to doctors.
One company, Allscripts, was able to pay $145M to resolve criminal and civil kickback allegations [2].
They directly killed over 400,000 people between 1999 and 2017 and indirectly killed many more/caused unimaginable human suffering.
The family is proposing to pay $3B over 7 years and an additional $1.5B by selling off another company they own.
This is the real opiate crisis jackpot and the high-scale, high-powered, industrialized version of the crimes that are happening on the dark web.
I'm sure there are more large companies and high powered individuals involved and agree that the 200 arrests/$6M is an infinitely tiny drop in the bucket, but it's way easier to prove and stick than the larger operations.
[1] https://www.reuters.com/article/us-purdue-pharma-bankruptcy-...
[1] https://www.reuters.com/article/us-purdue-pharma-investigati...
The house is now worth $2.1M (+500% gain). Obviously if they sold a new buyer would tear the whole thing down and build some huge modern home on the land (which is the actual valuable portion of the asset) as has been happening in their neighborhood.
You are placing way too much importance on the relatively small value of fixtures and "nice" amenities vs. the global glut of capital chasing appreciating assets (made much easier through online platforms) such as land in desirable areas.
[1] https://www.oldhouseonline.com/.image/c_limit%2Ccs_srgb%2Cq_...
government fiscal policy has a much more direct effect on m0, m1 through stimulus and other direct lending and spending efforts, which have a high velocity and directly impact inflation
now...what happens if the assets on the feds balance sheet start to default?
look up money supply - m0, m1, m2, m3, m4, velocity of money
figure out how federal reserve "printing money" (what does that even mean) affects the different buckets
look up difference between how reserve requirements affect money supply vs "helicopter money"
look up the federal reserve mandate to target 2% inflation while keeping unemployment as low as possible
figure out how the federal reserve balance sheet works (eg what happens if debt the federal reserve owns defaults)
and you'll be much closer to understanding our current economic situation than you were in high school ;)
also many asian countries were better prepared due to their exposure to mers/sars [2]. so there was a precedent and influential people calling for change
but investing health infrastructure is not the Fed's job, that is congress/government's job - AKA the job of corporations through lobbyists who have no incentive to do any type of preparation, just perpetuate the consumption cycle
the fed is just responding to an economic crisis by trying to bail water out of a sinking boat, but they don't have the power to actually rebuild/fix that boat
[1] https://www.ted.com/talks/bill_gates_the_next_outbreak_we_re...
[2] https://www.ft.com/content/e015e096-6532-11ea-a6cd-df28cc3c6...