Over the past month or so, there has been a lot of attention about Eliezer Yudkowsky and how he purportedly ‘advised’ the Bank of Japan (BOJ) pursue more aggressive monetary policy, which they heeded, called ‘Abenomics’, which “…refers to the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe… Continue reading Eliezer Yudkowsky schools the Bank of Japan
Optimism or stagnation? A case for both.
Interesting podcast Ep. 282 – Tyler Cowen: What the Future Holds: Stagnation or Innovation? Both sides are correct. Tyler is right about complacency (although there has always been a complacent class), and James is right about how such complacency either is not a big deal and or that America is still innovative. I agree with… Continue reading Optimism or stagnation? A case for both.
Flynn story; prediction: nothingburger
Mike Flynn, like Manafort, H.R. McMaster, etc., is yet another flunky who has no credibility. I hope by 2018 Trump will be able to shed the baggage from his campaign and be able to start leading more effectively. The next to go will probably be Rex Tillerson, and the sooner the better. But I predict… Continue reading Flynn story; prediction: nothingburger
The configuration of power
Ann Coulter is at is again about the wall: Today's BORDER WALL CONSTRUCTION UPDATE: Miles completed yesterday-Zero; Miles completed since Inauguration– Zero. NEXT UPDATE TOMORROW. — Ann Coulter (@AnnCoulter) December 1, 2017 As I wrote a few days ago, provided the economy doesn’t go into recession, Trump should have little trouble getting reelected, even if… Continue reading The configuration of power
The stock market just surged past a record milestone thanks to the GOP tax bill
The stock market just surged past a record milestone thanks to the GOP tax bill: US stocks surged on Thursday amid optimism around the GOP tax bill after Sen. John McCain threw his support behind it. The Dow Jones Industrial Average spiked as much as 1.6%, breaking the 24,000 threshold for the first time,… Continue reading The stock market just surged past a record milestone thanks to the GOP tax bill
Why bitcoin is so volatile
In order to sell Bitcoins in bulk, one must transfer them to exchange, but this incurs a major risk for the seller, namely that the exchange may be hacked and the bitcoins lost forever. Also there isn’t much liquidity on the exchanges, and in fact much less liquidity than meets the eye, which I will… Continue reading Why bitcoin is so volatile
The media/pundit narrative is almost always wrong, and why
A good heuristic is, the media/pundit narrative is almost always wrong. They said: –Trump cannot win –Trump will doom stock market & economy –Trump cutting off trade deals will hurt economy –Trump will hurt foreign relations –The bull market hinges on Trump passing tax cuts, and if he fails the market will crash –The economy… Continue reading The media/pundit narrative is almost always wrong, and why
Why Trump is Waffling on Immigration
Now Derb is hinting at taking the ‘black pill’: Two Weeks to the Big Cuck? I’m a pessimist, so I don’t think the omens there are particularly good. Trump has expressed sympathy for the DACA illegals, and seems unenthusiastic about following through on his campaign promises on border security and birthright citizenship. A Big Cuck—Amnesty… Continue reading Why Trump is Waffling on Immigration
Two paths to success
Most success guides are useless or fluff. I hope this post departs from that trend. You don’t need 35 rules to become successful. I boiled it down to two options: 1. Take risks 2. Become extremely competent #1 Includes investing, such as stocks, Bitcoin, or real estate, but also entrepreneurship. I don’t like entrepreneurship, because… Continue reading Two paths to success
notes: The Successor to the United States of America
Nick B. doesn’t write much, but when he does it’s insightful. In a comment, he writes how NRx rises to power: As for efficacy. Well… let’s get the truth first, then build some institutions to defend it and those who speak it. The Restoration depends not on popular support, at least as that is ordinarily… Continue reading notes: The Successor to the United States of America