> The vast majority of the money in our country's economic base is created by fractional banking and credit more so than what is created by the Fed Might be changing accd to Feds balance sheet. A country of 40 year olds doesnt borrow and create new money for cars, college and homes. A country full o...

You should get 0 or negative rate on instantly available cash. If you want a return you should have to tie up your money for a few months, that would mitigate bank runs. I dont know anyone who needs 250,000 liquidity always instantly available. Business should have to pay for high limits like that I...

A big chunk of the left knows everyone is lying, and they are OK with it because ends justify means. Dems offer utopia through wealth redistribution, conservatives (only a few) point out that economics is trade-offs, and the kids aren't tryna' hear that https://twitter.com/elonmusk/status/1637052668...

Where are reserves going, are banks not parking them at the Fed for risk free 4.65%?

https://old.reddit.com/r/finance/commen ... _trillion/

Smarter than the market pricing are we

Things are gonna get interesting when a ChatGPT robot delivers your pizza and asks you to vote for Biden. You wont be able to stop yourself from arguing with it. Who's the stupid one then

So I wont be able to fund my Juicero 2.0 :/

https://johnhcochrane.blogspot.com/2023 ... nders.html

Too many dawgs in LA, since someone let em out

Forced to upgrade my phone after a decade. Got this off slickdeals for $130. Still might be a good deal at 180, for unlocked no bloatware https://www.amazon.com/gp/product/B0BFYRV4CD Tech has come a long way. Instant real-time position of local buses. Cant imagine using transit with paper schedules....

Oliver R. Smoot was selected by his Lambda Chi Alpha fraternity pledgemaster because he was the pledge deemed shortest—which made measuring the bridge the most labor-intensive—and he was the "most scientifically named".[2][5] To implement his use as a unit of measure, Smoot repeatedly lay down on th...

Social media has made it easier to stay home all day. Less boredom. Jobs are more technical. Most people either cant code or would rather not. Dating is getting stranger. Grandpa "wouldnt take no for an answer" isnt as cool. Single men have less incentive to earn 6 figures. Jobs sent overseas, milli...

With drugs, what goes up must come down. Maxing out dopamine (and other happiness neurotransmitters) means squeezing your brain for them in ways its evolved to be milked. A boost from a long walk, satisfaction of a days work, gym, boost from trolling vinny, and most importantly good sleep. Kratom is...

Close the border. Move homeless encampments to the desert where those who want to shoot up can do so away from the public

My father's one of those who cannot accept anything until The Authorities (CNN and CDC) condone that narrative. He's in NY, I suppose in red states thats Fox for some. Unrelated: https://old.reddit.com/r/worldnews/comments/11lp0ty/perth_mint_sold_diluted_gold_to_china_got_caught/ and FYI you can add...

https://twitter.com/charliekirk11/statu ... 9573454848

https://twitter.com/memejority/status/1 ... 0782288897

"We have yet to address one of our biggest vulnerabilities: America’s traditionally loose culture. The decentralized, defiant, do-it-your-own-way norms...America’s disorderly response to the coronavirus reflects our cultural conditioning over the last several hundred years...Tight societies, like Ch...

No one's changing their mind. u mad? whatcha gon' do

Any large basket of stocks is good enough. Small indexes can get front run because they are forced to sell when a stock is no longer "value" as defined by some metric traders can look up. eg Mr Celebrity Money Manager knows that his index is going to be forced to buy company Z, so he buys it up then...

Military would split in a civil war. Eg Trudeau abused the emergencies act. The police sided with the truckers...they were the truckers.

The article https://i.imgur.com/OIP2nSa.jpg

You can read about it for hours on bogleheads. tldr you only need a handful of market makers. Even here many dont hold total market. They make sector and factor bets. Also of concern are vanguard and blackrock having your voting rights. And what about when the Fed buys stocks like the BOJ does. As a...

A basket of large stocks is close enough to an index fund. Just have to resist the temptation to trade because you know better than the market. Even when a stock is "clearly" overvalued, you dont know when to get in or out

DeSantis bad Putin bad. Confirmation bias feels good.

This might be interesting if true "they aren't for people to read and be entertained, they are there to launder campaign money"

https://old.reddit.com/r/progressive/co ... t_why_are/

Cat videos and p0rn continue to drive innovation

When rates are below inflation, gold and index funds are morlike just saving. "Investment" implies a constructive effort eg you can beat the real estate market, if you can physically be there and research the neighborhood. Competing with millions of investors using internet-only data is gambling/spe...

~5% 2007. Wall St, who insure each others investments and made themselves too big to fail, will get another bailout. What'll be the distraction next time