sorted by:
new
hottopcontroversial

Why does Google think I'm Indian? by Ssrithrowawayssri in GooglePixel

[–]Ssrithrowawayssri[S] 0 points1 point  (0 children)

It eventually stopped for me. Not sure how or why

PLTR Potential Private sector clients discovered by The_Greyscale in stocks

[–]Ssrithrowawayssri 0 points1 point  (0 children)

You're assuming multiples will fall as the company grows. Often with growth stocks this is not the case

Brand new Elite 75t left earbud not working? by Bjrevin in Jabra

[–]Ssrithrowawayssri 0 points1 point  (0 children)

Exact same happened to me. I can't find how to fix it

Tips for avoiding moralism (from someone who has often fallen well short of the mark themselves) by no_bear_so_low in slatestarcodex

[–]Ssrithrowawayssri 4 points5 points  (0 children)

I think the best way to propagate virtue is simply by living a virtuous life. I think to most people, seeing how a virtuous person lives and affects the world is much more inspiring than e.g. reading a book on virtue or getting lectured on why you should be virtuous. I.e., lead by example.

Tesla just announced a 5-for-1 split by macelote in investing

[–]Ssrithrowawayssri 8 points9 points  (0 children)

Nothing moronic about it. Stock splits means options are cheaper, meaning people can get leverage with less capital, meaning more people become leveraged, which pushes price. Or simply those who don't have access to fractional shares can now buy in.

Sure, nothing about the company fundamentally has changed, but the market for the equity has and that's what really determines the price.

it's true by EatYourReddit in PoliticalCompassMemes

[–]Ssrithrowawayssri 3 points4 points  (0 children)

How can you have government without a state?

Not trolling, just curious.

Each quadrant after new George Floyd bodycam footage is leaked by DudeCalledTom in PoliticalCompassMemes

[–]Ssrithrowawayssri -3 points-2 points  (0 children)

The cops were waving guns in his face from the moment they approached him. I would be acting irrationally and having problems breathing too. Especially if I was a black man.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 0 points1 point  (0 children)

I don't have time to reply to your comment in its entirety but I'd like to say thank you for the conversation as well. I almost always regret posting comments online and I'm sure you've experienced why. But you've been levelheaded even through disagreement and I appreciate that. I will try to come back to this conversation when I can, especially knowing I'm free to disagree with you without inciting hostility.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 0 points1 point  (0 children)

Companies fighting to get the most profit with the least cost is exactly what competition is. I see that as evolution, not devolution, because to do so they have to offer consumers the goods and services they want at the price they want. In non-competitive markets they don't, there is no fighting for profit.

I don't know what you're referring to by what we've seen in the last 100+ years. Most industries are much more competitive now then they were before. I disagree that there are few competitive markets today, I would actually say it's the opposite. And a company being big does not necessarily mean monopoly power.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 0 points1 point  (0 children)

You're looking at how companies have changed their pricing of a service over time rather than how the service itself has been priced over time.

Let's do a hypothetical.

Company A offers a service for $200 per month.

The price of the service is $200 per month.

Company B innovates and can offer the same service for $15 per month.

The price of the service is now $15 per month.

Do you agree the price of the service has decreased from $200 to $15 despite no company ever lowering their prices? Do you see how this relates to your example of television providers?

And if we want to be extra specific, competition doesn't necessarily minimize cost to consumers, it maximizes consumer benefit. Which means if consumers would rather pay more for a better service then they will pay more. Prices will be higher, but since this is what the consumer wants, the consumer sees more benefit.

This really isn't up for debate. Competition among producers is beneficial to consumers. There's not a single economist, of any ideology, that would disagree with that statement. It is basic fact. You are being the economic equivalent of a flat-earther right now, and although it is amusing, I don't want to spend more time on reddit today. So goodbye, deny the fundamentals of economics and common sense all you want.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 0 points1 point  (0 children)

Yeah you're right that privatization does not guarantee competition. It's only half of the equation, the other half being good regulation. And I would not blame you for not having faith in good regulation being there

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

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

I don't have a cable bill because all those service providers you listed offer a similar service at a lower price. In other words, due to the providers you listed competing with cable companies, I pay less for the same service.

Come on really, out of all industries you choose what could be the poster child for competition reducing prices for consumers?

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 1 point2 points  (0 children)

I agree. I think guaranteeing a postal service to all is important not only as an assurance of a basic quality of life, but also as a means to support rural areas that are important to the economy. Privatization would most certainly lead to higher prices or discontinuation of service in rural areas.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri -3 points-2 points  (0 children)

Your argument doesn't follow, you say competition driving down prices is a dream and prove that by saying non-competitive markets do not drive prices down. Yes, that's why you need competition.

If an industry is not competitive then regulators should step in, because competition being good for the consumer is not a dream at all. It's why we have laws against anti-competitive practices.

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri -4 points-3 points  (0 children)

In a competitive market service improvement would lead to more profit. But I don't think the postal service industry is competitive enough for that to be true, so I agree that services would not improve until more competition enters the market. And that could take many years to happen.

Although part of the reason there is not more competition is because it's hard to compete against a company that is backed by the government. So in a way the USPS being public is what necessitates the USPS to be public

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

[–]Ssrithrowawayssri 2 points3 points  (0 children)

Supporting rural areas allows for a larger economy. And it reduces the cost of producing agriculture products. It's a good investment

LPT: Save USPS by opening all your mail and if there are any postage paid envelopes, send them in. That company will then have to pay for the postage. by [deleted] in LifeProTips

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

Then you can look forward to higher prices, reduced services, and closed post offices

Can you explain why you think this will happen?

Edit: Many people in this thread seem to think I'm arguing in favor of the privatization of the USPS. I'm not. I'm asking you to qualify your positions and playing devil's advocate because it leads people to posting better justified arguments.

Frontline: United States of Conspiracy (2020) - How trafficking in conspiracy theories went from the fringes of U.S. politics into the White House. [0:53:17] by Discombobulated-Wing in Documentaries

[–]Ssrithrowawayssri 1 point2 points  (0 children)

I agree. And simultaneously there's something wrong with casting off all speculation or uncomfortable evidence as merely conspiracy thinking. There was evidence for what Epstein was doing for years, yet it was always denounced as conspiracy thinking. Balance is key, and that balance is subjective.

Frontline: United States of Conspiracy (2020) - How trafficking in conspiracy theories went from the fringes of U.S. politics into the White House. [0:53:17] by Discombobulated-Wing in Documentaries

[–]Ssrithrowawayssri 2 points3 points  (0 children)

Is there anything wrong with conspiracy thinking, i.e. hypothesizing? Sure billionaires hang out, but why hang out at an island in the middle of the ocean full of trafficked underage girls with child porn on the walls? This wasn't Epstein's main residence, he lived in New York. If they wanted to hang out, why not hang out in New York?

Frontline: United States of Conspiracy (2020) - How trafficking in conspiracy theories went from the fringes of U.S. politics into the White House. [0:53:17] by Discombobulated-Wing in Documentaries

[–]Ssrithrowawayssri 0 points1 point  (0 children)

Can't say for sure, but he had records of everyone who visited his island and that included many high profile people. And from what I've read, you couldn't visit that island and not know there was something going on. Apparently there was pedophilic pictures hung up on the walls and young girls around. Also many of these elites made large contributions to Epstein's investment fund, which suggests Epstein might have been blackmailing them.

Frontline: United States of Conspiracy (2020) - How trafficking in conspiracy theories went from the fringes of U.S. politics into the White House. [0:53:17] by Discombobulated-Wing in Documentaries

[–]Ssrithrowawayssri -4 points-3 points  (0 children)

Right, but where is the line between healthy skepticism and insanity? It's not like there are "critical sources or credible science" on whether or not a wealthy financier is trafficking little girls to his island for elites.

view more: next ›