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Comment Re: No worries (Score 1) 71

But the price of gold, or the value of a dollar, would be vastly different if we were still on the gold standard. At current prices, all the gold ever mined by humanity is around $30T. Do you really think there's that few dollars out there? That's not even enough to account for all the dollars the US government has borrowed.

Comment Re: what about an battery door on the phone? (Score 1) 54

I guess I don't understand why, if $100 is such a big deal, you wouldn't just spend a few bucks on an external battery and dig into your drawer of otherwise-unused cables and spread them around your car, computer, etc.

I do understand that everyone's needs in a phone may be different. But why should we pay any attention to yours when it makes no reference to the typical target user? Just because you're not the consumer the product works for doesn't make the business of supplying it to that consumer "abusive."

My P9a is great and I love it- then again, it replaced a 7-year-old phone that was also "working fine." The difference here is that I'm not using that as an argument to say that everyone should give up their old phone, nor one for why the low-availability of replacement charge ports after all that time made Apple evil.

Comment CPAP vs pill (Score 4, Informative) 61

I think it will be good to put even a low-efficacy pharmaceutical solution in the hands of pulmonologists. It's not my experience that they have any knowledge of any particular CPAP configuration, and are relatively ignorant of how important a respiratory therapist is in terms of adoption and continued use. I found mine at an out-of-network supplier via a word-of-mouth suggestion- if I hadn't, I'd also be one of those who had abandoned CPAP use.

Comment Re: Time to Think (Score 1) 82

I guess I'm not sympathetic to the possibility of "sleepless chaos." What's the real issue? Is it:

1) You're worried you'll get a price that better reflects an arguable actual value, instead of capitalizing on mere market-inefficient information asymmetry like the people who spent time, money, and attention to have the possibility to do so?
2) You prefer transactions to happen on private markets in off hours, so that the public can remain ignorant of their existence and import.
3) You've never heard of options and you'll be damned if anyone can expect you to figure out how to use them, even if everyone else does. Or
4) You're worried you might have to face the actual consequences of having been wrong in your predictions about the financial future.

I'm skeptical that third parties conducting public financial transactions can somehow harm me in a way that an economist or any of you should be concerned about.

Comment Re: First step. (Score 1) 65

So what does it cost, then, and are you seriously contending that it's more than the present value of the cost of mere diabetic maintenance over a lifetime, to say nothing of treatment for complications? Are you also under the mistaken impression that T1D's are covering anything but a tiny fraction of their cost of care as it is?

Comment Re: How Republicans will "solve" this. (Score 1) 110

First, they don't need to look closely at squat. The only viable government "investment" is large-scale public works, and they should be structured so that any return is broad, private, and generally not financializable. Otherwise you're headed straight for planned economy where humans have a miserable track record.

Even if maturing debt is merely replaced, that still happens at less than long term average market return rates. Why worry about retiring one bond for the next generation if your estate would retire a dozen? More to the point, total-debt-to-GDP seems entirely the wrong metric: total debt service to GDP is the only thing your descendants will care about, and, barring a huge reorganization of the world economy, is something we have a good handle on for the foreseeable future.

Comment Re: How Republicans will "solve" this. (Score 1) 110

Surely the macroeconomic situation is more relevant than mere national debt and taxes, right? I realize we're not borrowing at 3.3% right now, but that's the average interest rate on the national debt. The only reason *not* to leave more of my money in my hands and tax me *more* on it later is if you've already crashed the economy semi-permanently. Why would I want to pay down a 3.3% debt when I can make 10%?

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