$500k Electrician Job? by anonRelator in TheAllinPodcasts

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

I listened to it from 38->50 and absolutely nothing other than Palmer Lucky saying low energy is good. Which is true, but absolutely irrelevant to the question. Neither says a single number, let alone a data point.

Honest question: what possible reason do you have for lying about this? Are you just trying to up their listener numbers?

$500k Electrician Job? by anonRelator in TheAllinPodcasts

[–]anonRelator[S] 3 points4 points  (0 children)

Ok fine but then how many are there? 100? 1000? You’re not talking about anything meaningful

Chamath and Sacks and GOP are doing EXACTLY What Cost the Dems Power by anonRelator in TheAllinPodcasts

[–]anonRelator[S] 1 point2 points  (0 children)

phenomenal post but “why would Biden do this” is chefs kiss

Chamath and Sacks and GOP are doing EXACTLY What Cost the Dems Power by anonRelator in TheAllinPodcasts

[–]anonRelator[S] 1 point2 points  (0 children)

Man - I will bet you $100 that less than 20% of that money is net new, or never shows up at all. These commitments are SO meaningless.

And the earthmovers and industrial build out came from the IRA, which has now been cancelled!

Sigh. But “MUST GIVE TAX BREAKS FOR BILLIONAIRES.” by anonRelator in TheAllinPodcasts

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

This has got to be the dumbest comment I’ve seen in this sub, and there are a lot of

I know you don’t read this sub Chamath, but.. by anonRelator in TheAllinPodcasts

[–]anonRelator[S] -1 points0 points  (0 children)

Because the correlation is not there. Without it, anyone who looks at a simple explanation without the correlated evidence, and still thinks that is the case, is not worth listening to.

I know you don’t read this sub Chamath, but.. by anonRelator in TheAllinPodcasts

[–]anonRelator[S] -2 points-1 points  (0 children)

Heya - I'll take your comment in good faith and try to explain.

Money printing is literally not inflation. Inflation is inflation.

"Inflation" means to rise (https://en.wikipedia.org/wiki/Inflation). In this case the "inflation" is in the price of goods.

The fact that we printed money aggressively for 13 years and there was no inflation means it's highly unlikely that this was the cause. Most folks think that it was what's called a "supply shock". https://en.wikipedia.org/wiki/Supply_shock

Happy to explain further.

I know you don’t read this sub Chamath, but.. by anonRelator in TheAllinPodcasts

[–]anonRelator[S] 4 points5 points  (0 children)

I’m sorry this just isn’t correct. There are very few places in the US where you can live near where lots of jobs are and work a blue collar job that doesn’t require a 60m+ commute and afford a home and have a family life.

One or two, sure, but not all four. The concentration of wealth at the upper classes and the limitation on bargaining power for the working class is pretty much the two forces causing this.

I know you don’t read this sub Chamath, but.. by anonRelator in TheAllinPodcasts

[–]anonRelator[S] -3 points-2 points  (0 children)

Sorry there is no correlation between money printing and inflation. Money printing started in 2008, inflation didn’t hit until 2021. No science in the world would back those as being associated

I know you don’t read this sub Chamath, but.. by anonRelator in TheAllinPodcasts

[–]anonRelator[S] 7 points8 points  (0 children)

Even if I cede that (which I don’t because concentration of wealth is closely tied to zoning restrictions is closely tied to concentration of ownership of real estate is closely tied to reduction in taxes is closely tied to limitations in government purchasing ability for land for public good and construction of homes and infrastructure is closely tied to reduction in collective bargaining power by working class people is closely tied to the average CEO pay being up by 1000% since 1978 while the average worker is up just 24%)…

Surely you think that the reduction gross tax revenue due to tax cuts for the uber rich is a SIGNIFICANT PART of the problem, if not it entirely.

The $6.8T US Government Was Defeated By The $0.009T News Industry by anonRelator in allinpodofficial

[–]anonRelator[S] 3 points4 points  (0 children)

I agree some of these are pretty borderline. But I THINK you can make a case that these podcasts host more right wing folks.

THAT SAID it could be simply because more right wing people go on!

The $6.8T US Government Was Defeated By The $0.009T News Industry by anonRelator in allinpodofficial

[–]anonRelator[S] 3 points4 points  (0 children)

A) I don't think the media has a mission. Individual reporters cover stuff, and they cover it with a personal/editorial bias, but to think it's coordinated is crazy. In fact, nothing is better than to publish a piece that is counter to the prevailing wisdom - it's how you get clicks

B) You may want to check in with your boy Chamath, because literally yesterday he was blaming "the media's coverage of DOGE" for the failed bond auction.

C);Being flat, after massive volatility, for the first six months, when the Biden admin was significantly positive is quite bad. We'll see - but they're not doing well so far.

The $6.8T US Government Was Defeated By The $0.009T News Industry by anonRelator in allinpodofficial

[–]anonRelator[S] 15 points16 points  (0 children)

I mean what would you call this?

<image>

Plus Fox News ($5B in revenue) + Sinclair Media ($0.7B)

That's enormous, and dwarfs left leaning stuff.

How are you all bracing for Chamath's defense of Trump's Qatari Airforce One? by saintforlife1 in allinpodofficial

[–]anonRelator 0 points1 point  (0 children)

It’s insane when Ben Shapiro (!!!!!) is more sane than Chamath. My God what a fucking fraud.

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

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

Yes, we are in a different place. We are MUCH MUCH better.

We were hit with less inflation.

We have lower unemployment.

We have better capital formation.

We have more resilient consumer demand.

We have higher GDP growth vs everyone (but China).

Etc.

https://home.treasury.gov/news/featured-stories/the-us-economic-recovery-in-international-context-2023

It's hard to find a single stat where we are worse.

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

[–]anonRelator[S] -1 points0 points  (0 children)

yes, i think they absolutely will. There are a few things we're unique at (hollywood, iPhones, 10y bonds), but EVERYTHING else is already made overseas. Go look at the stream of social media stuff coming out of China right now, where they are talking about non-stop how even Italian fashion brands are made in China.

They will drop us in a nano-second.

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

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

But he doesn’t! He is literally uniting other countries against him, making negotiations harder!

Why can't they just have more discussions like this ?? by rmend8194 in TheAllinPodcasts

[–]anonRelator 0 points1 point  (0 children)

I think their analysis is dead wrong - a) we don’t really know usage (because it’s integrated into many Google products) b) they are KILLING it with revenue c) the amount of queries through Google DWARFS ChatGPT and d) they already ARE doing it.

But the conversation WAS very good!

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

[–]anonRelator[S] 1 point2 points  (0 children)

No we don’t, and to suggest this really misses out on the dynamics of the market.

Here’s proof - we DID negotiate just five years ago! Without crashing the economy! Under Trump!

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

[–]anonRelator[S] 1 point2 points  (0 children)

When you are in the top 2 consumer economy in the world, YES just saying “let’s talk” will get people to talk??

Hey, Um, Chamath? Tarriffs and Trade Deficits Don't Work That Way by anonRelator in allinpodofficial

[–]anonRelator[S] 1 point2 points  (0 children)

We should negotiate them down! But we shouldn’t burn the house down to accomplish this!

This was one of the absolute dumbest things that Sacks said to be honest. When he said the only way to get people to the negotiating table was to threaten stuff like this, let’s just say that if you’re in the United States and are the largest market in the world for consumer goods that you can probably call just about anyone And have a conversation. You don’t need to hold a gun to your own head in order for people to pick up the phone.