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Good point...so then I take it you support using existing anti-trust legislation to break up private sector monopolies as well? Once upon a time when America was in far better shape than today, policymaker response to "Too Big To Fail" was "Well tell them to get smaller."
Nails it
Here’s what I think will happen in NYC under Mahdami. The free buses and government grocery stores won’t happen, they never do. They sound good during campaigns, but collapse under basic math. You can’t run a city on ideas that cost billions and produce no revenue. The only way…
If rent control truly fixes housing prices, why not impose price controls on everything else like food, gas, and medical care? That should totally fix the economy.
Said another way: Bitcoin's block space for file storage is highly price elastic (better substitutions exist and its non essential). For monetary use cases, it is inelastic (no/few substitution, and for many a necessity, only way to get bitcoin is have someone send it to you).
Big if true
VCs, please stop funding this slop. We’re entering clown world with the amount of AI building we’re seeing. 🤡🌎 All I see in the data infra space is companies building infrastructure for AI Agents with the obligatory buzzwords like A2A or MCP. Who is productionizing these AI…
Seeing a lot of “markets” people tip into the “we need more govt intervention” to solve inequality. Signpost there.
Wow gold buys you 20% less bitcoin than it did a week ago, what an inferior store of value
CPI is a bizarre distortion of reality
The most absurd number in CPI? According to the US Government, the cost of health insurance has declined 18% over the last 5 years... Video: youtube.com/watch?v=Do0qXS…
CPI is not real
Oof. 40% of of items in the CPI were based on different cell imputation in September ... that means data collectors had to fill in missing data by using values from a related but different category or geographic area
Canadians pretending they can just withdraw from a US relationship is pathetic. US relations are existential for Canada. The downfall of the Canadian education system is that it failed to prepare Canadians to understand this moment.
I’ve seen zero evidence the Canadians are internalizing this lesson.
Canadians don’t understand that negotiations and trade talks aren’t about being reasonable, they are about gaining leverage and pressing on pain points. Leverage in international trade comes down to: military power, economic power, and energy independence. Canada has none of…
Look carefully at this. You are being lied to.
Price changes over last year (September CPI report) Gas Utilities: +11.7% Electricity: +5.1% Used Cars: +5.1% Fuel Oil: +4.1% Medical Care: +3.9% Food away from home: +3.7% Shelter: +3.6% Overall CPI: +3.0% Food at home: +2.7% Transportation: +2.5% New Cars: +.8% Gasoline: -0.5%
Price changes over last year (September CPI report) Gas Utilities: +11.7% Electricity: +5.1% Used Cars: +5.1% Fuel Oil: +4.1% Medical Care: +3.9% Food away from home: +3.7% Shelter: +3.6% Overall CPI: +3.0% Food at home: +2.7% Transportation: +2.5% New Cars: +.8% Gasoline: -0.5%
Mel makes a 140k EoY call
Buy Bitcoin. Looking for at least $80 on IBIT by end of year. I am very large now in IBIT 70/75 call spreads for 12/19 expiry as well as 70/75 for Dec 31 and 67/75 for Dec 31. Basically, I'm totally long IBIT call spreads now the way I went long GLD call spreads in Sept.
> be me > move out of us-east-1 because they told me to > outage happens in us-east-1, I’m not affected. Everyone hugs. > outage happens in my region, I’m the only one affected. No hugs.
Gold will NEVER be a store of value!! It falls 5% in a single day and I can’t buy coffee with it. It’s going to ZERO
Mute every “delete signal for X chat” due the AWS outage. You people know nothing.
About the #Signal outage: In information security we look at three principles: secrecy, integrity, and availability. Signal’s outage affected only one of them: availability. The relay servers were down, so messages couldn’t move. But nobody could read them. Signal is open…
Not seeing the multi-cloud button on my DB console.
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