Theme: Incentives

  • I think we can collect a large number of customers. I’m not yet sure how profita

    I think we can collect a large number of customers. I’m not yet sure how profitable it would be if aside from cancellation protection, our goal is to keep costs down for the little guy so to speak.


    Source date (UTC): 2024-07-21 18:46:03 UTC

    Original post: https://twitter.com/i/web/status/1815095912991179240

    Reply addressees: @toodarkmark

    Replying to: https://twitter.com/i/web/status/1815055831517319600

  • @Palsvig: You’re welcome 1) FYI: I’m trying to determine the various means of ci

    @Palsvig: You’re welcome
    1) FYI: I’m trying to determine the various means of circumventing the transaction ‘tax’ and I see a rather sizable hole for the large financial institutions, so we’re working to find a solution to it.
    2) FYI: Our organization considers you a thought…


    Source date (UTC): 2024-07-21 18:44:50 UTC

    Original post: https://twitter.com/i/web/status/1815095610040553801

    Replying to: https://twitter.com/i/web/status/1815055265542070604

  • In the USA a bank requires 5-10M, and a credit union only 500k. The UK is more i

    In the USA a bank requires 5-10M, and a credit union only 500k. The UK is more interested in spending 1M pounds on bureaucracy to defend against 1 pound of potential losses, where the USA works by the opposite mechanism. You can create any biz as long as you’re willing to fail…


    Source date (UTC): 2024-07-20 20:53:27 UTC

    Original post: https://twitter.com/i/web/status/1814765589094973824

    Replying to: https://twitter.com/i/web/status/1814763137452630498

  • The formula is simple. Credit card interest and any minimum fees vs deposit inte

    The formula is simple. Credit card interest and any minimum fees vs deposit interest + overhead. It’s not complicated.


    Source date (UTC): 2024-07-20 20:51:16 UTC

    Original post: https://twitter.com/i/web/status/1814765038567125327

    Reply addressees: @Claffertyshane @quasiantipodean

    Replying to: https://twitter.com/i/web/status/1814764478946328606

  • @Palsvig: Agreed on everything (we propose the same in our work). However, I don

    @Palsvig:
    Agreed on everything (we propose the same in our work). However, I don’t see any estimates, and the numbers are necessary to persuade the populations:

    I’ll use the USA because that’s the information I have to work with.

    Annually: Over $900 trillion (Fedwire) + $128.51 trillion (non-cash payments) = Over $1,028.51 trillion. And one percent of $1,028.51 trillion is $10.2851 trillion.

    Federal Revenue (Fiscal Year 2023)
    Total Revenue: Approximately $4.9 trillion
    Individual Income Taxes: $2.6 trillion
    Payroll Taxes: $1.4 trillion
    Corporate Income Taxes: $450 billion
    Other Sources: $450 billion (including excise taxes, tariffs, etc.)

    Federal Spending (Fiscal Year 2023)
    Total Spending: Approximately $6.3 trillion
    Major Categories:Social Security: $1.2 trillion
    Medicare and Medicaid: $1.4 trillion
    Defense: $800 billion
    Interest on Debt: $400 billion
    Other Programs: $2.5 trillion

    Budget Deficit (Fiscal Year 2023)
    Deficit: $1.4 trillion (Total Spending $6.3 trillion – Total Revenue $4.9 trillion)

    POSITIVE RESULT
    The USA could not only cover the deficit, but could also pay down it’s deficit, and possibly further subsidize medical costs.

    NEGATIVE RESULT
    It would cause financial institutions to move transactions to other countries and would result in more than a minimum amount of capital flight. I can see the UK, formerly the banker of choice, to restore its position by NOT charging these rates. In other words, unless we were able to cause many countries to do so then it will produce less revenue than expected.

    Reply addressees: @Palsvig


    Source date (UTC): 2024-07-19 16:42:41 UTC

    Original post: https://twitter.com/i/web/status/1814340092783443968

    Replying to: https://twitter.com/i/web/status/1812907338581369194

  • BLACKROCK ENDORSES BTC. (Interesting) Blackrock’s Larry Fink, reversing his posi

    BLACKROCK ENDORSES BTC. (Interesting)

    Blackrock’s Larry Fink, reversing his position, backing bitcoin as a hedge against inflation (gold alternative).

    We’ve seen: (a) independents create the original momentum (b) institutions during the crisis preserve it’s potential (c) now… https://twitter.com/LukeMikic21/status/1812876458710138993


    Source date (UTC): 2024-07-16 18:43:37 UTC

    Original post: https://twitter.com/i/web/status/1813283360858317146

  • RESTORING NECESSARY AND SUFFICIENT REPLACEMENT REPRODUCTION, THE FAMILY, MARRIAG

    RESTORING NECESSARY AND SUFFICIENT REPLACEMENT REPRODUCTION, THE FAMILY, MARRIAGE, AND DATING

    As far as I know the only solution is some combination of this ‘short list’ (our full list is much longer):
    – Restoring separation of sexes during education, restoring ability grouping in grades, and restoring adversarial competition to males in education, and if possible gamification of all education.
    – Reforming education to include the family, household, and reproduction not just labor in the economy, and adding basic natural law and behavioral econ, basic economics, basic contract law, basic accounting and basic project management to the entire cirriculum. Then restoring both physical education, mindfulness (self regulatory) education, and basic understanding of physical crafts to education,
    – Ending all marxist-sequence sex-class-race demoralization, undermining, conflict generation, and sedition both in education – and all other aspects of life. And requiring requalification of all teachers and professors by the anti-dei education (possibly in our work on natural law). Requiring demonstrated competency in the productive workforce prior to teaching above first grade. Also ending tenure for primary education, and with teachers serving ‘at the pleasure of the governor’. This will cause an increase in teacher compensation and an increase in teacher quality.
    – Ending the multiplicity of female-dominated pseudoscience, propaganda, and gut courses in the academy that cause debt, delays household formation and reproduction but does not contribute to long term productivity or income – especially once the scale of reformation is large enough for correction.
    – Massive gamification of higher education, by both restoration of early formal education in the trades, production of computer simulations and group role playing of extant roles all centralized and supported by a massive database of course content.
    – Requiring universities to insure a degreed student is fit for service. Requiring universities to borrow and lend students the money for their educations, limiting the university’s ability to collect the debt, and restoring proper incentives. Prohibiting profitability by freshman ‘churn’. Requiring teaching professors be full time assistant or full professors. Requiring separation of teaching and research institutions to restore primacy of teaching and requiring research funded by investment whether private, corporate, or public. Requiring Professorial management of each college in the institution and dramatically limiting the scope of administration. Requiring all domestic students of equal academic and social performance be accommodated before the first international student is allowed. (Yes I do understand the consequences of these demands, but the university has become the equivalent of the highly corruption medieval church prior to the reformation, and a seditious church at that.)
    – Restoring military influence in basic research in pursuit of strategic military and economic advantage regardless of field, with the charter of restoring and preserving national competitive advantage in all such fields. \
    – Restoring IQ, personality, and moral ‘profiling’ (tests) in employment, thus obviating the need for degrees for the majority of positions.
    – Restoring employment by any criteria desired, ending all bias other than capability.
    – Ending anti-male and anti-white employment and contract bias, meaning formally restoring rule of law by prohibiting legal institutionalization of discrimination.
    – Taxing singles to pay for married’s children because singles are not contributing to long term tax production nor providing for their unemployment, medical, and retirement
    – Making it less desirable to hire women by making businesses and governments pay for women’s childbearing and time off.
    – Accounting for costs by individual citizen to show their debt vs contribution in taxes or children or military service (only a minority of white men are tax contributors and the majority of women and nearly all minorities are tax ‘sinks’. This is the primary reason we must end immigration and reverse it.
    – Requiring marriage and replacement children to vote (if voting even means anything any longer. it seems we would be better with courts than democracy)
    – Possibly (?) requiring marriage and children for urban residency.
    – Constitutional amendment that the family is the subject of investment policy not the individual’s ability for consumption. In other words, it will take a lot of incentives combined to restore the priority of the family.
    – Investing in research and development of artificial wombs enabling even single men and women to acquire replacement level children. Plus ending the prohibition on genetic research that prohibits the elimination of negative traits.

    This will restore not only the family but the economy of the family and as a consequence the reproduction growth and economy of the polity.

    Cheers


    Source date (UTC): 2024-07-15 21:24:56 UTC

    Original post: https://twitter.com/i/web/status/1812961572425461760

  • Even germany, that, in the postwar, legislated the size of urban residences to a

    Even germany, that, in the postwar, legislated the size of urban residences to allow for children instead of individuals without, failed.

    As far as I know the only solution is
    – ending the multiplicity of female-doiminated pseudoscience, propaganda, and gut courses that cause debt.
    – ending anti-male employment and contract bias.
    – taxing singles to pay for married’s children because singles are not contributing to long term tax production.
    – accounting for costs by individual citizen to show their debt vs contribution in taxes or children or military service.
    – making it less desirable to hire women by making businesses and governments pay for women’s childbearing and time off.
    – reforming education to include the family and reproduction not just labor in the economy
    – requiring marriage and replacement children to vote (if voting even means anything any longer. it seems we would be better with courts than democracy)
    – constitutional amendment that the family is the subject of investment policy not the individual’s ability for consumption.

    In other words, it will take a lot of incentives combined to restore the priority of the family.

    Reply addressees: @RussellJohnston


    Source date (UTC): 2024-07-15 19:43:34 UTC

    Original post: https://twitter.com/i/web/status/1812936063305822208

    Replying to: https://twitter.com/i/web/status/1812931352422965291

  • POLITICAL BIAS IS REDUCIBLE TO RESPONSIBILITY BIAS. By Noah Revoy (@NoahRevoy),

    POLITICAL BIAS IS REDUCIBLE TO RESPONSIBILITY BIAS.
    By Noah Revoy (@NoahRevoy), NLI Sr Fellow

    Everyone likes to take on responsibilities that are immediately profitable to them, but not the ones that require longer-term investments to get a payoff.

    The Left seeks to avoid all responsibility. They are functionally just children.

    Libertarians seek responsibility for personal economic decisions but seek to avoid responsibility for the commons. They behave like late teenagers or early adults.

    Conservatives seek to take on responsibility for personal economic decisions and some parts of their local commons, but they also seek to escape the moral responsibility to rule the nation and use pro-social violence to maintain order and seek power. They behave like idealistic young adults.

    Aristocratic Bias: To maintain a western level of social order and economic comfort, we, the sane, mature adults of society, must go beyond the conservatives and take on responsibility for everything, then seek out the power to discharge our responsibility fully.

    -NR


    Source date (UTC): 2024-07-15 15:24:42 UTC

    Original post: https://twitter.com/i/web/status/1812870913869725696

  • Why are you looking at employed rather than the demographic distribution. And wh

    Why are you looking at employed rather than the demographic distribution. And what occurs to demand as we add or remove distributions within it?


    Source date (UTC): 2024-07-15 00:29:10 UTC

    Original post: https://twitter.com/i/web/status/1812645548022722644

    Reply addressees: @slenchy @whatifalthist

    Replying to: https://twitter.com/i/web/status/1812639263646769451