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flashyfaffe2

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Worth to mention that inflation is more sneaky than it seems. It has been partially mentioned with the degradation of the quality of stuffs or services bought. Another way to cause inflation is the increasing number of law bited and applied that owners need to comply with. Bein up to date with the legislation,etc is clearly time consuming. This always comes at yhe owner's cost and can't hardly pass to their clients ( unless you're Amazon or Apple). I would recommend to read Thomas Sowel's book and an artcile that blow my mind called "being poor is expensive". This shocked me as I realised how true were his statements.

I can't find the article describing it but the gender bias tends to be disregarded when you add one additional parameter: place of birth.

In third world countries, women reprensent 50% of the students in engineering classes ( for reasons that are easily understandable).

Actually, the bias observed applyies in countries where freedom of choice is given to everyone.

"This immeasurability is inversely proportional to the tangible, real value created".

Although I understand your view,Financial sector and banks in particular is a very regulated sector which means that significant number of people working there have their job almost entirely related to making sure the company comply with the rules from the different jurisdictions. From your perspective, they do add no value to the company ( actually there are cost center) but are crucial to ensure company can operate legally. To add an additional layer of complexity, new rules from different countries, authorities, committees are updated/ amended quite regularly ( last one is the LIBOR demise which will have a huge impact on the market where no clear rules,have acknowledged nor agreed). So even you would try to quantify those costs ( legal issue with new rules implementation which lead to update the system or create one from scratch while making sure this will comply with internal task,etc...), it is quite difficult to assess what is the optimal allocation the company needs to allocate. As an illustrative example, it took 2 years to validate some components of the google cloud features (some are still pending) because of all the intetnal rules set out.

More globally, yes there are people adding no value to the company but the can be hardly spot on from top management view.

You're right. And to be more precise, French government at that time pushed its citizen to use the minitel:common example that come at the top of mind: when I was younger minitel was mandatory to register yourself at school or university which explains the quite important development within the country.there were even store offering minitel service. However this monopoly position were disrupted like any other monopoly by better and more advanced technology.

Although good and tempting idea per say, I believe this still need to have some additional technologies popping up to unlock some restrictions and really make it "mainstream". As I see it, this is still restricted for young people with the appropriate skillset (techno/writer,etc..).

Really looking forward to seeing this once the average guy ( here I think to the married man with two kids) will be fully benefit from it.

In addition, I would be very interested to see how big countries will react. I know Us citizens pay their home tax regardless where they live but this could be a huge issue for them in the long term.

Agree with you. If I may add, this would be feasible only: If gov issued is own digital currency, which will mechanically would lead the value of the others digital currency worth near zero..

"Why would I want the government to manage this when we know how to do this well without a government involved? What's the benefit of using FedCoin over using something decentralized with good monetary properties?"

Fed coin would be in fact very useful for the government itself... not sure if you have some understanding of the latest 2008 crisis and how the fed address the issue but there are many shortcomings in the solution proposed that would be easily addressed with a government backed digital currency. The main one would be , in my opinion, to be able to manage more efficiently money lent to banks. At that time the banks received a lot of money from the fed with the hope that the this money would be use to increase the loans ( and so the economy). However, banks were not very keen to follow that inventive and did not lend as expected. The point in having a digital currency would have let the fed to reward (with a lowest rates) banks playing the game. This just one example I have on the top of my mind right now, but I'm sure we can find others advantages.

Could not agree more.Just need to find an easy way that makes people realise they are the ones ultimately deciding what they put on their plates. Although I do not minimise the difficulty for some people to put their food habits on the top of their list.

Never Hertz to Ask 6 years ago

If I rememberwell, this kind of strategy has a name called Captical structure arbitrage, where the most basic strategy is to traded convertible bonds. Most complex strategies include taking position on different asset class of the same company ( equity, bond and CDS).

R 4.0 6 years ago

Did you learn R for your own fun or just to upgrade your skill set and get a job?

Agree with you, however bank rules rely that normality law (small loss at the tail will be covered by the entire population). Here we have a typically extreme case event and generalized Pareto law is more illustrative to deacribe what we witness right now. Banks reserve are clearly not enough to cover all the all loss. So unless a global agreement with every parties ( renters, landlords and Banks) can't see a fair solution popping up.

I'm not sure understand the rationale behind your question. Does a company in general have to provide benefit to the society overall? If so then rather to erase a lot of companies. Airbnb seems to provide a service where their clients are fine with. Like it or not, Airbnb is just the consequence of number of decisions made in the past and they simply put a foot in the highly réglemented real estate, builder, and tourism business by providing a service that was more in line with the current needs. It's not Airbnb s fault if this so difficult to increase the number of new building every year, not Airbnb's fault if a simple landlord can offer better service than an hotel chain, not Airbnb's fault if landlord prefer to deal to less complicated short rent.

Airbnb is just taking advantage of a more ugly situation ( sure you have witnessed displeasant adventures encountered in buying house, going to holiday or move out from a flat). However I wouldn't be surprised if they have speeded up the process you blamed.

Please note that I do not work nor ever used Airbnb before.

Clearly easyJet play the dirty game of privatising profits and nationalising losses. They have the right to have objective to give dividend. However no reason why the tax payer should bear their management decisions. If they need loan then let investors do their duties...or not.

Funny to hear different contradictory views I might be bias like everyone. No misunderstanding, I do love Paris and restaurants are great there but I chose them cautiously now. Traffic are awful mainly to restrictions put in place. Last point to be challenged ( or everyone agrees): no one has contest the cleanest of the streets yet:)

Being not American, and given that if we assume that school are business like any others I would be curious to know why the university fees has inflated so much over the last decades. Shouldn't we expect price decreasing due to competition? Any law or anything else explaining this?