Viewing profile — tatsuke95

> Whatever Kurgman says, it is good to keep in mind that he is an economist turned partisan-politics hack. Funny thing,I called MG Seigler a hack, and was attacked. Even PG came ou…

>In the mean time most people in Western Europe suffer far less from the economic crisis than most Americans I was with you until this. Europe is suffering because of their austeri…

Which is exactly what the hypothesis says. Assume that others are using arbitrage to reduce your opportunities, leaving you with an efficient market.

Free floating has nothing to do with whether or not I can buy Rupees on the open market. If I choose to buy a ton, it could cause problems with their central bank who will have to …

Free floating has nothing to do with whether or not I can buy Rupees on the open market. If I choose to buy a ton, it could cause problems with their central bank who will have to …

If nobody is using Foursquare then there is no location data to sell.

> but I want to say $21MM is the pool that the exchange has to puke to the "plaintiffs". This is actually back in the news. And the value that the banks are looking to recover is c…

> "However, BTC China is still trading at above $275! That's the beauty of bitcoin, it isn't restricted to just one region in the world." This is a flaw, not a benefit. I want to k…

> "service designed to help accounting and bookkeeping service providers manage the payroll for multiple companies." The last time ZenPayroll made the front page, I (and others) we…

> "The grants generally come with a lot of reporting and strings attached, and generally require very large investments to be worthwhile. We can get R&D tax concessions" I have a b…

It's the merchant's duty to ensure that the person who is charging the purchase owns the credit card, which is why they'll often ask for ID along with the CC. A stolen CC is useles…

> "Wow, this company went through YC?" And was actively defended and supported the last time a thread came up questioning the issues that Coinbase was having: https://news.ycombina…

I can only assume the prospects get worse with the movement towards online classes and learning. How many 101 classes can't be taught nearly exclusively online? That will reduce th…

> "I don't know what will." The major exchange getting DDOS'd, a popular online wallet service provider getting hacked, and a plunge in the price of Bitcoins perhaps. All of this d…

Just like houses in 2007, or Apple stock last year, or Tulips in 1637... Bitcoins are one asset among many, and just as prone to booms and busts.

> "The assumption that inflation is automatically better is 'common knowledge' based on theories of economics developed that classify savings as bad, and spending as good, based on…

You can start with anything by Bernanke related to the subject, both writings and speeches.

> ""Having your net worth halved" happens in the inflation scenario. Deflation increases your net worth." Interesting. We've been in a positive inflation environment since I've bee…

> A curious retelling of history. By you, perhaps. Economic crisis, couldn't pay the bills, so they inflated the currency. Just like I said. Are you really going to argue that ther…

> "I hear this argument a lot, but no nation that we know of has ever collapsed because of deflation, right?" And which have collapsed from inflation? None, directly. Hyperinflatio…

Why would you compare gold to one mediocre and one bad investment? It seems that few people here understand opportunity costs.

> "In fact we see deflation in specific markets like housing which helps to clear out the bad decisions and mistakes and set the base for future expansion." Periods of asset deflat…