Viewing profile — rogersnm

Electric cars struggle with range limitations (compared to their non-electric counterparts), and so manufacturers try to maximise range by reducing the drag co-efficient as much as…

> I’m curious if you could give some examples of what you’re thinking of, the situations where there’s 0 payoff until all the work is done Not op, but surgery strikes me as an exam…

> There is also a government role in making sure an efficient and fair market exists for goods, by working against cartels and monopolies for instance. > The gas price shock is par…

> The second is misdirected money supply which steers money towards sweatable assets like property and stock ownership, and away from productive investment, original invention and …

> This has caused other currencies to lose value against the dollar, increasing the cost of imported goods priced in dollars like oil and gas and driving up inflation elsewhere If …

I think you can decompose stock into 'money that is in circulation', and 'money that is not'. In some sense, the only relevant partition is the quantity of money that is actually i…

> It's not a stock problem; it's a flow problem. It's arguably both a stock problem and a flow problem (MV = PQ). If the stock is constant and the flow increases, you get inflation…

> how would higher prices change anything about that? Higher prices reflect a new equilibrium between the quantity of money and the quantity of goods and services being produced. U…

Predicting the future is always difficult, there are elements of now that are similar to the past, and there are elements that are different. It also helps to have experienced thos…

The Fed is doing exactly that: https://fred.stlouisfed.org/series/FEDFUNDS

If you cap prices for a given company or product, you prevent that company (or producers of that product) from competing effectively for the inputs to that product in the broader m…

Correlation or causation though? If it's correlation then higher unemployment is not in and of itself deflationary, it's just that whatever causes higher unemployment also causes r…

> If inflation is caused by people having too much money then it is a self-correcting problem because as prices go up people will no longer have as much money. Soon enough they wil…

> It is about causing capital investment to be less lucrative than tying the money up in treasuries Money isn't tied up in treasuries, money (loosely bank deposits and cash) and tr…

Or, big tech is now big enough that material deterioration in the wider economy is enough to over-power their baseline annual growth (i.e. big tech will continue to boom after adju…