Effeckt.css 13 years ago
Is it just me or is this kinda blurry?
Pretty dope though, that from top=>tilt fall was pretty exciting
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spinachthrow
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Poll: How old are you? 13 years ago
19 here, largely ignorant
Do Things that Don't Scale 13 years ago
So the general idea is that lack of scalability within a domain is a barrier to entry? If so, then the real barrier to entry is finding the domain, not the actual schlep - big companies can schlep pretty well, right?
Why I won't speak at women-only events 13 years ago
If I had one suggestion for these types of events - focus more on what you're building, less on "issues".
Show, don't tell!
The problem with that is that any wealth tax will be at least in part a cause of global inflation (assuming it's a US tax).
Exactly - wages do rise with inflation, but as we know from intro macro, there's always a bit of a delay due to contracts etc. The problem with inflation is it drives people even further up the risk curve to find yield.
The other problem is that while inflation incentivizes moving up the risk curve, capital gains work in the opposite direction, incentivizing idle cash balances. One side of the government wants you find yield, the other punishes you for finding that yield.
At the end of the day, you're just going to make people find that yield (they have to) and you won't increase tax revenue. People can stomach _some_ risk, but not an infinite amount (especially the institutional guys).
What do you think inflation is?