water9 (u/water9) - Readit News

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water9 commented on The Dollar Is Dead mathmeetsmoney.substack.c... · Posted by u/nhp_fermi

lawlessone · 22 days ago

>Biden was president for all but nine months of Covid but don’t let facts get in your way

Yeah and?

It's easier to turn a bike than a containership.

water9 · 22 days ago

The global economy was never a bike

water9 commented on The Dollar Is Dead mathmeetsmoney.substack.c... · Posted by u/nhp_fermi

Ekaros · 22 days ago

Do you even need singular global currency in modern world? Where every transaction can be in essence instant if there was desire. And everything is digital. Overall it is rather different world and things can be done different than before.

water9 · 22 days ago

The United States won’t let their reserve currency go without a fight

Dead Comment

water9 commented on NSF has suspended Terry Tao's grant bsky.app/profile/dangaris... · Posted by u/xqcgrek2

dargscisyhp · 24 days ago

Yea, but most other immigrants are also far from being that productive.

water9 · 24 days ago

did he reach his ultimate goal? Cause right now it sounds like he spent millions of dollars and didn’t achieve it

water9 commented on Attention is your scarcest resource (2020) benkuhn.net/attention/... · Posted by u/jxmorris12

water9 · a month ago

Time is your scarcest resource

water9 commented on Migrating a ZFS Pool from RAIDZ1 to RAIDZ2 mtlynch.io/raidz1-to-raid... · Posted by u/mtlynch

water9 · a month ago

this is incredibly stupid. Do not do this. The whole point of having raid is to never be down to zero redundancy. Drives are more likely to fail during the resilvering process as the heads have to traverse the entire magnetic surface, rebuilding the array.

water9 commented on US companies, consumers are paying for tariffs, not foreign firms bloomberg.com/news/articl... · Posted by u/petethomas

vaidhy · a month ago

A tariff across the board is same as a sales tax (rather a value added tax, as it is dependent on the value of goods).

I would love to understand why you think it is punitive for the ultra rich.

water9 · a month ago

because tariffs only raised the prices of goods that can’t be bought anywhere else. The thing is America can make pretty much everything and by doing so it forces more American labor, which is more expensive for the ultra rich, who owned the companies that the laborers work for. The biggest factor, however, is that it impacts the velocity of money. The hundred dollars that you spend on an American business goes to another American and the cycle continues in America enriching everybody instead of immediately fleeing overseas, which just access a devaluation of the currency

water9 commented on US companies, consumers are paying for tariffs, not foreign firms bloomberg.com/news/articl... · Posted by u/petethomas

xnx · a month ago

We could tax outsourcing

water9 · a month ago

That’s the best idea since taxing people when they earn it and when they spend it

water9 commented on Is This the End of Google as We Know It? gizmodo.com/is-this-the-e... · Posted by u/uladzislau

water9 · a month ago

Google ended when they made the requirement that you have to be gay to work there

water9 commented on US companies, consumers are paying for tariffs, not foreign firms bloomberg.com/news/articl... · Posted by u/petethomas

xnx · a month ago

Foreign labor seems to be one of the few things not covered by these import taxes.

water9 · a month ago

that’s because they already spend a shit ton on sponsorships

u/water9

KarmaCake day76March 8, 2023View Original