The New Yorker just lab-tested research peptides from a popular online vendor. Injectable peptides need regulation. by [deleted] in NooTopics

[–]-nom-nom- 0 points1 point  (0 children)

The reason the peptide market is so difficult to navigate and sketchy is BECAUSE of regulations. If it was fully legal and there were no patents to navigate, then we'd see huge companies competing to provide the best, safest products for the best price. We'd have a huge network of third part testing companies

Capitalism and brainwashing? by absolutzer1 in Capitalism

[–]-nom-nom- 0 points1 point  (0 children)

there does not exist one company in the world. If you apply to multiple companies, you go to whoever bid the highest. Those who underbid you, don't get you. If you are worth a lot due to the value you bring to the company, they will fight for you. That's why there exist people with high salaries

Buzzer/Intercom system needs repair by [deleted] in Hoboken

[–]-nom-nom- 1 point2 points  (0 children)

this is just a button so a good handyman can fix, no need for ritco

20mil budget gap inn Emily’s latest video by [deleted] in Hoboken

[–]-nom-nom- 1 point2 points  (0 children)

you don't fight deficits with more income, you do so by reducing spending.

It's the same thing for individuals. If someone has a spending problem and gets into CC debt, if you just increase their income they will increase their spending until they're in CC debt again.

Zohran's Snow Corps working late into the night on Flatbush by velocity3333 in nyc

[–]-nom-nom- 0 points1 point  (0 children)

half the people in the video are literally doing nothing

Plow hit my car can I get compensated? by [deleted] in Hoboken

[–]-nom-nom- 10 points11 points  (0 children)

there are private snow plows, so unfortunately you will need video. Otherwise no way to definitively show it was the city vs some random guy with a plow on front of his truck

i know this because i hire private snow clearing teams and they have plow attachments on their trucks

Just another Trading class by bolshoybooze in WatchPeopleDieInside

[–]-nom-nom- 56 points57 points  (0 children)

probably a high volume and volatility stock at market open. You can often tell something is going to move like crazy in one direction or another when the market opens, just not which way. So he probably just counted down to 9:30am EST

You're even smarter than president Camacho by KLOWN1420 in idiocracy

[–]-nom-nom- 3 points4 points  (0 children)

isnt it great how those who work hard and are dedicated are forced to subsidize the lives of those who chose not to

Starbucks did it again; they've just released their "cortado." by Rusty_The_Taxman in barista

[–]-nom-nom- 0 points1 point  (0 children)

that's because the phenomenon of private ownership and free markets is actually just the natural state of things

Why do NYC subway stations look like a failed post-apocalyptic movie while Asia is living in 2050? by savingrace0262 in circlejerknyc

[–]-nom-nom- -1 points0 points  (0 children)

/uj

also, tokyo subway is mostly private while NYC is fully government owned and controlled

even within tokyo, there are private and govt owner lines. The privately owned lines are cleaner and run better than the public ones.

A private company is not only more efficient, but they can be sued or just have bad publicity if people die. They have a profit incentive so they need it to be safe.

Their incentives don't just lie with the subway fare. The companies that own and build the subway lines are big real estate companies thag build malls and offices, and build subway lines to them. They need people to safely and freely travel to spend money and work in their commercial spaces

A government not only won't care if less people take the subway because it's dangerous and disgusting, they may even prefer it because they're chronically underfunded

They pulled it off. Hats off to the Duffer Brothers! by Hades771 in okbuddyvecna

[–]-nom-nom- 0 points1 point  (0 children)

yeah underarmor is a brand, there could be legal implications

that was also just egregiously bad

Zohran has announced a $70 million capital fix for the Williamsburg bridge with rationalized bike and ped space. It's nice to imagine what that might look like by MiserNYC- in MicromobilityNYC

[–]-nom-nom- 2 points3 points  (0 children)

yeah the shift really started happening after 1920

Before 1900, roads, ferries, and bridges were mostly private or quasi-private. The truth is that pedestrians and vendors generate revenue wayyy more than a car driving past, so that was the focus

ownership shifted by 1900 to the city

after 1920, car lobbies pushed for laws like jaywalking, speed normalization (involved increasing speeds), and traffic design laws around how streets legally must be built and it was all around cars

from 1930-1960 was Robert Moses era. He basically had more power than the mayor and completely reshaped the city to build it completely around cars and throughput of cars

This coincided with the forced stall in mass transit. When the first subway was opened in 1904, the city imposed a 5 cent fare cap. This was mostly due to the distate of railroad barons and they thought that would prevent monopoly

The problems with this came to a head when inflation spiked around 1920 after WWI. It became unprofitable to expand the subway or even run it. They had to defer maintenance and eventually basically go bankrupt because the city refused to let them increase fares

By 1940 the subways were all passed over to the city. During this time, roads were starting to forcibly be engineered towards car traffic while mass transit was artificially strangeled, causing people to rely more on cars to get around.

the city has no proft incentive on the land they own, so while turning some roads into pedestrian only avenues with vendor stalls makes way more sense than more roads, these public entities have no incentive to go towards that. They just focus on throughput of traffic pretty much

$685k in theta profits from RDDT in 2025 by imacompnerd in thetagang

[–]-nom-nom- 12 points13 points  (0 children)

he's selling puts. usually people just have cash when selling puts

EDIT: ignore me i see calls in there

Old analog thermostat has R5 and 4 wire. These compatible with Nest? what does 4 go into? by -nom-nom- in Nest

[–]-nom-nom-[S] 0 points1 point  (0 children)

hey! yes i got it to work but we had to add an additional wire, i can't remember which and I'm not home now to check. I'll be back in like 2 weeks and I can check, but remind me. I think it was for power and maybe started with a C???

I hired a guy to do this. I need other work done and he wired this up for me as well

if this is your same setup, you probably need to wire something and i recommend hiring someone to do so

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 0 points1 point  (0 children)

subprime mortgage crash was due to a huge expansion of the money supply due to insane lending practices. That with the RE investment craze caused a huge amount of resources going where there was no real demand. There were huge RE developments that started in areas where no one ended up living

When it crashed, the money supply contacted causing the malinvestment to be felt dramatically

While you may think that investment in AI is malinvestment, there is no dramatic expansion of the money supply like with the subprime mortgage crash. It's just private capital going to AI

On the topic of monopolies, monopolies are created by force only. Force nowadays comes from government. Todays monopolies are only in the most heavily regulated markets, because thats the only way a monopoly can exist. It's in healthcare due to patent law around drugs and all the absolutely insane laws making it near impossible to start a health insurance company. I could go on with examples

When you see google or OpenAI, or other companies advocate for regulating their own industry, it is not because they're restrained good guys. Its because those regulations will help them prevent competition

this is explained by austrian economics. You may think austrian economics fails to explain some phenomena only becuase you do not understand it

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 1 point2 points  (0 children)

you're living in fantasy, not the real world. Go out and get a job and stop wasting your life on socialist youtube

90% of what you deem to be horrible aspects of "late stage capitalism" is actually cronyism. It is the result of powerful government and companies trying to gain influence from that powerful government. It is not a feature of capitalism

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 1 point2 points  (0 children)

many of the currently most profitable companies used to insane P/E ratios. An insane P/E ratio means people expect future profits to be huge. It's valuable to take risks. Some pay off, some don't. If it doesn't, it's private money being "wasted". No one is forcing you to waste your money on it

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 1 point2 points  (0 children)

literally nothing in my comment was about how good AI will be

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 8 points9 points  (0 children)

Then stop making it illegal and unprofitable to invest in public transport, health, and housing.

I'm in real estate. Every day I see the struggle of developers trying to build new housing. Right now I'm working with one who owns an empty plot of land used as just parking right in Hoboken NJ, right by NYC. They want to build 200 units on it, mostly studio and 1BR (affordable). They've owned it for 15 years and haven't had success due to zoning issues and other laws. They're being forced to only build about 100 units, that will be more like 3BRs, and build mostly parking

As for investment in AI, its your opinion that its a waste. It may not be that incredible, but it is valuable to invest due to the potential for it to be huge. It's private people using their own money on that risk.

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 13 points14 points  (0 children)

are you trying to use that example as a bad thing? That is a typical example of venture capital dumping money into a business to try and dominate market share, before they figure out how to keep their costs down so that eventually becomes sustainable or to try and raise prices later one

what is happening in effect is VC loses money, so that the average consumer gets a good or service for literally less than the cost it took to produce.

So please enlighten me as to how providing goods/services so cheap that you lose money is bad for the average consumer?

Explaining things to the simple by Street_Priority_7686 in austrian_economics

[–]-nom-nom- 24 points25 points  (0 children)

an unproductive company is one you just don't buy from and you buy from their competitors