I would have been super in favor of nuclear 30 years ago when wind and solar were economically uncompetitive. But now they are, and they're outcompeting nuclear, because they are faster to build, cheaper to build, cheaper to operate, require dramatically less labor and effectively no oversight or re...

Couple of things: 1. If the stock market doesn't do well on a global basis for an extended period of time--multiple decades--it's a sign the economy and nation-states themselves aren't doing well, so no other asset classes will do well either. If stocks are consistently in the shitter, it means that...

Interesting and telling that in terms of returns, the 100% stock portfolio was the best overall (at least in the USA; negligible difference in the UK example). This pretty much supports my thinking over the past couple of years that the best long-term portfolio is 100% stocks. If you don't want to o...

Another thing to keep in mind is that economies are truly global now. The whole world is experiencing inflation, not just the US. We can't really blame the Fed or Biden or congress because every country is seeing the same simultaneous inflationary pressures of higher demand and lower supply. The mar...

It may be possible that a low inflation environment can't coexist with near full employment. Mainstream economic theories posit pretty much exactly that. It's why the Fed's stated job to optimize both is whimsy and in practice they end optimizing for one or the other because you can't really have b...

I prefer and think it more usefully descriptive... Inflation = Increasing money supply + scarcity Demand pull and cost push are more the mechanics than the underlying reasons. The above also cuts through a ton of BS you read. For example, people asserting the Fed's actions in 2008 until just recent...

Pointedstick! I could repurpose this entire message for you as well. :) Great to hear from you. How's stealth exceptionalism treating you these days? It seems like a good time to be flexing those frugality muscles. Hi Tyler! It's going well. My quest to make monthly expenses as small and/or predict...

Hi from a fellow PP forum old-timer, MT! Nice to hear from you, and glad you're doing well. I thought I'd see how folks here were reacting to the recent market conditions, and what a nice surprise it was to see a thread with your name on it! Keep on keepin' on, and stay sane in these chaotic times w...

I can see now that this forum has become a microcosm of what's happened to the Republican party: the loudest voices are kooks and trolls, overwhelming the thoughtful and reasonable people. No wonder most of them seem to have left. There's nothing left for me here. Go ahead and trash the place. It's ...

PS, what happened to you? You are not the same person who used to post here a few years back. It's as if you have been brainwashed by some cult. What happened is that Trump was elected president and the right showed its true colors, and it's horrifying to me. I hold a variety of mildly to heavily c...

My kids actually have the capacity to think about people other than themselves, a trait which seems to be lacking in many adults today. They're not worried about themselves, but rather their grandparents who all have respiratory or vascular issues. They would not like to lose their grandparents due ...

I think I'll have to go with "Fencing Advance" because that's what might happen to the next on one of you people who make my children cry in the grocery store with your dangerous and emotionally stunted behavior. Did someone make your children cry in a grocery store? Please share your exp...

I'm willing to take my chances on that based on the facts you F*****G A*****E. Not sure if I had enough asterisks to express my true feelings. I think I'll have to go with "Fencing Advance" because that's what might happen to the next on one of you people who make my children cry in the g...

Or maybe a dim, fading part of you recognizes the danger but can't admit it I am dim, but I'm not afraid of the flu. People who are should stay home and leave the rest of us alone. You know, that's not a bad idea. Then in, say, two months, we'll come out of our houses and all of you people who acte...

Today, I laugh when I hear about people who deny the danger of COVID dying from it. I darkly chortle. I tell myself, "one less trash person left on this planet." You laugh when you hear about people dying? That is some sick stuff right there. It's hilarious. They publish whole books about...

Sure, so don't buy modern athletic shoes.

I'm reminded of a story I heard on the radio a few months ago. A nurse was recounting how she was taking care of COVID patients who would be screaming at her that COVID was a hoax or was no big deal even while they were literally dying from it. She talked about how they would only pipe down once int...

Yeah, all these -isms are born of the same strain of simplistic, purity-minded thinking that if we all got back to the ONE SINGLE THING that's the most important thing evarrrrrrr, then we'd have brought about the utopia. Communism denies the value of anything other than collective solidarity Capita...

Don wrote: ↑Thu Dec 24, 2020 10:06 am The recovery rate is well over 99%

According to Trump's CDC, there have been 18,170,062 cases in the USA and 321,734 deaths: https://covid.cdc.gov/covid-data-tracke ... klast7days

Grade school math shows us that 321,734 is 1.77% of 18,170,062. Arithmetic counters your assertion.

Yeah, all these -isms are born of the same strain of simplistic, purity-minded thinking that if we all got back to the ONE SINGLE THING that's the most important thing evarrrrrrr, then we'd have brought about the utopia. Communism denies the value of anything other than collective solidarity Capital...

Oh so like Roman caligae? Those were pretty rad.



Of course they only lasted for about 3 months on average. And as much as they resisted, it the Romans needed to adopt boots and trousers when they went campaigning in places where it actually got cold.

I got to talking to an older fellow while in line at a UPS store recently. Eventually the subject of COVID came up. He said "If we'd just gone heard immunity, we'd have this thing whipped by now." I replied, "Yeah, I think you're right. But of course the virus kills about 2% of the pe...

Next move? A coup attempt. Get ready. Last night's video on the stimulus bill served no other intended function but to galvanize Trump supporters in advance of a bold (reckless?) move. He needs his supporters to believe that he and only he is their advocate. The rest of government cannot be trusted...

Shoes are another bit of artificial complexity...all the gels and insoles and air pumps and shit. Turns out trying to improve or mess with natural biomechanics and design of foot is bad idea (short of correcting severe deformity) Oh yeah who needs 'em?! What a bunch of pointless complication! Speak...

I've been shaving and cutting my own hair for the past, I think 7? years with a cheap electric trimmer. Works great.