Viewing profile — lsiq

"Theres only a handful of real theorems with proofs" Philosophy is not mathematics. Philosophy asks you the question of what is a theorem in the context of philosophical thought, w…

The book Capital Returns: Investing Through the Capital Cycle details this phenomenon, including historical cases. If anything, it shows it's possible for you to arbitrage this and…

I would love to use Adafruit boards in my production, but I have to resort to custom Chinese PCB stuff to be competitive. I don't want anything, but taxes and CoL is basic business…

Adafruit is basically the best but their whole reside-in-NYC philosophy makes zero sense. The contention that they can hire better people in NYC holds no water because over 50% of …

Agreed. I will say that Renesas does have one thing going for them, being Japanese it has the lowest supply chain/geopolitical risk right now of anybody other than TI. And the Micr…

The Teensy is so 2020 anyways. You want to skate where the puck is going. You will want boards of the Kendryte K230 or SpacemitK3 (best value RISC-V chips) or Puya PY32 (best cheap…

"the control the US is able to exert over their companies" You have that relationship inverted. The US gov't is a mere shell at this point, having outsourced all its core functions…

Buffett knows the S&P always wins because seignorage ends up in the S&P....

Every monopoly that exists (and has ever existed) does so because of some combination of government granted monopoly rights. Mineral rights, patents, intellectual property, and all…

This isn't it, he was never part of the class in the first place and he does not share its insular self-serving worldview. He didn't go to Harvard, he went to Illinois. He built hi…

Didn't you see Marc Andreesen's tweet that " 'Conspiracy theory" is code for "will be obvious in a year.' " You only need a few first principles to see absolutely everything, like …

So you're telling me that a few stuffy bureaucrats earning a salary of few hundred thousand a year are the ones who decide what happens to the money of billions? Think again. I'll …

What's unconvincing is the vagueness of that statement. Lets' get more specific then. Explain, for example, how both the Fed and ECB implemented Basel III. Why do these two "indepe…

Don't you find it strange that nearly every country in the world is pursuing the same currency objective at the same time. You know the one, I just don't want to spell it out to tr…

"They" are in a dilemma, they either go total global control or they lose control. And it's clear they are going with the former. This is just one more law that makes no practical …

Read this it will change your life for the better: https://professorwerner.org/shifting-from-central-planning-t...

Productivity is indeed a second order thing in the way the banking system works now. But you still have not understood my point. As long as IT IS LEGAL for banks to create credit f…

"When someone buys a building to lease out flats, is that not productive?" That is simply Joe's $10M building leasing out flats has now become Sally's $12M building leasing out fla…

Banks create the money supply (~97% of it). A bank "loan" is not a legally a loan at all but a new security that is created and purchased by the bank. Furthermore, the money for th…

Everything is going as planned. One store credit to rule them all and in the darkness bind them.

Thank you, was hoping for someone to point this out. Banks don't take deposits and they don't lend money. Banks create money. When they "lend," what they are legally doing is purch…

Foucault implied the same. Or at least, suggested that as the scientific definitions are created so too does the phenomena emerge. Ian Hacking expanded upon this and named this con…

Yeah when Alan Dershowitz says on TV that he was introduced to Epstein by Lynn R*thschild we shouldn't read too much into it right? Or when Cindy McCain says that everyone knew wha…

That may increase the velocity of money, but it also will drive up prices of liquid assets like index funds as those assets replace the store of value function money. Although my p…

I will take the risk and give an explanation. The are two first principles that few fully understand: The first is that we are creatures of commerce - that is how we sustain oursel…