Category: Economics, Finance, and Political Economy

  • How may of you participate in the entrepreneurial market? Not Govt, not Academy,

    How may of you participate in the entrepreneurial market? Not Govt, not Academy, not Students, not single mothers, not white collars. #Trump


    Source date (UTC): 2017-01-29 21:23:08 UTC

    Original post: https://twitter.com/i/web/status/825816571377491968

  • How may of you participate in the entrepreneurial market? Not Govt, not Academy,

    How may of you participate in the entrepreneurial market? Not Govt, not Academy, not Students, not single mothers, not white collars. #Trump


    Source date (UTC): 2017-01-29 16:23:00 UTC

  • THE ANSWER? MOVE CAPITAL AND IMPROVE OTHER COUNTRIES RATHER THAN MOVE PEOPLE TO

    https://www.nytimes.com/2017/01/27/business/technology-h-1b-visa-immigration.html?_r=0WHAT”S THE ANSWER? MOVE CAPITAL AND IMPROVE OTHER COUNTRIES RATHER THAN MOVE PEOPLE TO CAPITAL AND DEGRADE OURS.

    immigration without paying for integration is theft.


    Source date (UTC): 2017-01-29 15:49:00 UTC

  • DON”T BE AN IDIOT. WE DON”T PAY FOR WARS. We don’t actually pay for wars at all.

    DON”T BE AN IDIOT. WE DON”T PAY FOR WARS.

    We don’t actually pay for wars at all. the rest of the world does. our military costs are 100% free. Our entire tax base is split evenly between health/retirement/disability, and ‘everything else other than the military’. The military costs are inflated away using the petrodollar. That is how we were able to defeat the soviets and the chinese. By requiring oil be purchased in usd.


    Source date (UTC): 2017-01-27 13:29:00 UTC

  • “His solution: Capping annual student-loan payments at 12.5% of income. After 15

    —“His solution: Capping annual student-loan payments at 12.5% of income. After 15 years, whatever’s still outstanding would be forgiven.”—

    This is almost as good as what I recommended via what I learned from Sowell. It’s not enough. But it basically crushes universities from creating moral hazards.


    Source date (UTC): 2017-01-27 12:38:00 UTC

  • “The idea that China is now the driving economic power in the world, I think, is

    “The idea that China is now the driving economic power in the world, I think, is illusory or somewhat of a fallacy,” … ”China has “recklessly built a system that’s going to need to restructure and that just so happens to be metastasizing right when Trump becomes elected,” “This is a fire that’s been smoldering and it’s now starting to burn, and Trump is just more gasoline.”—Kyle Bass via Bloomnerg

    (i was off by six years)


    Source date (UTC): 2017-01-26 05:28:00 UTC

  • STRATEGY FOR YOUNG MEN? MONEY Live Cheaply. Save 1/2 of what you make -first. Li

    STRATEGY FOR YOUNG MEN?

    MONEY

    Live Cheaply.

    Save 1/2 of what you make -first. Live on the rest.

    Spend all of the rest every month. Enjoy it.

    Use 1/2 of it to invest in territorial goods.

    Use 1/5 of it to invest in gold bought at quarterly lows.

    Put investments in holdings overseas where untouchable.

    Build a small business with talented people not friends.

    OTHER ADVICE

    Buy exceptional used luxury cars that quickly depreciate, rather than new cars. New car premium with financing is sucker’s money.

    IMPEDIMENTS: WOMEN (NESTING COSTS)

    This strategy requires a great deal of sacrifice on consumption.

    It is women who will generally prevent you from this strategy.

    However, if you follow this strategy you will attract much better women.

    This is the problem facing men.

    The want of women more than the want of wealth.

    With wealth come good women.

    Without wealth they rarely come.

    LOWERING COST OF WOMEN

    Grooming. fitness. friends. reading books.

    Non-fitness hobbies are sunk losses.

    Home investment rather than car investment.

    it’s not complicated. you are male. no matter what your demonstrable market value, you dramatically overrate your market value. always maximize your market value. This includes plastic surgery to remove ‘ethnic and genetic discounts’.

    WOMEN COSTS

    Girlfriends are cheap, and can be rotated every 18-24 months. They are the cheapest per-incident cost.

    Dates are a little more expensive per incident, but are time consuming and depend mostly upon your desirability. Men who can use this strategy don’t need the advice. They already use it.

    “Paid Women” are more expensive than dates per incident. Evidence is that they have negative externalities for future relationships because of the modification of your personality.

    “First Marriages” are more expensive than paid women if you accumulate ANY debt to finance them or life afterward.

    “Terminating Marriages” are more expensive than first marriages because you cannot make up the lost earnings, lost capital, and if you have children or alimony you are doomed to poverty in old age. Also the per incident cost increases rapidly after the first two years.

    “Lasting Marriages” are expensive, but are redeemable in old age since women do very well later in life and men not so much. Lasting marriages tend to rapidly decline in incidents.


    Source date (UTC): 2017-01-25 14:50:00 UTC

  • FAKE NEWS CORRECTION: It’s better to have more people get loans than save people

    FAKE NEWS CORRECTION: It’s better to have more people get loans than save people $20. http://usat.ly/2jKwUX2 via @usatoday


    Source date (UTC): 2017-01-24 17:05:20 UTC

    Original post: https://twitter.com/i/web/status/823939754421055488

  • NEWS CORRECTION: It’s better to have more people get loans than save people $20.

    https://t.co/lwmNuQw6QaFAKE NEWS CORRECTION: It’s better to have more people get loans than save people $20. https://t.co/lwmNuQw6Qa via @usatoday


    Source date (UTC): 2017-01-24 12:05:00 UTC

  • Markets require information and exchange. Those who will trade are cheaper to pr

    Markets require information and exchange.

    Those who will trade are cheaper to profit from than those you must manage. animal -> slave -> serf -> freemen -> citizen -> sovereign.

    We want a lot of sovereigns of course, but citizens are cheaper than freemen, are cheaper than serfs, are cheaper than slaves, are cheaper than animals.

    Under natural law dissent, rather than majoritarian assent, they’re powerless unless we want something from them. So it’s simply cheaper.


    Source date (UTC): 2017-01-23 11:59:00 UTC