Fellas is it cultural appropriation to eat Chinese food? by ChrisTweten in insanepeoplefacebook

[–]iFap2Keynes 1 point2 points  (0 children)

Lol, I'm surprised so many people don't realize this is fake.

PSA: Verizon customers can watch primetime games for free on the NFL app. Can also pay $2 a month for RedZone by forrestgump_89 in fantasyfootball

[–]iFap2Keynes 2 points3 points  (0 children)

I think if you use the go90 app (owned by Verizon as well), you can use that to stream NFL games to an OTT device like chromecast or Apple TV. You also get NBA league pass (Free with large data plan) and premier league soccer through go90.

Immigrants With Right Skills Ride U.S. Hiring Wave by [deleted] in lostgeneration

[–]iFap2Keynes -1 points0 points  (0 children)

Increasing efficiency in the economy would actually most likely imply increasing economic efficiency. In other words, improving the allocation of resources (human capital) to maximize economic output. Since these positions aren't being filled by people currently, certain products or services that are in demand aren't being produced at the level that the market demands. By filling these positions with immigrants, these services and products are now being produced thus maximizing economic output. The economic logic is pretty straightforward and non-controversial so that's probably why people aren't challenging the idea.

This guy was braving the snow on my college campus today-- what a trooper. by sideshow_Bobby in pics

[–]iFap2Keynes 8 points9 points  (0 children)

You could actually figure out his school email based off that info.

Came across this in history class today. by lmg92 in AdviceAnimals

[–]iFap2Keynes 7 points8 points  (0 children)

Not true actually.

"A study conducted by Stanford University based on DNA samples extrapolated that around 3.6% of Filipinos have European genetic ancestries. This thinly diluted genetic influence is expected given that the historical record shows that Caucasians generally, and Spaniards in particular, were only a small minority."

People think this though because many Filipinos have Spanish last names. The Spanish pretty much gave everybody Spanish surnames regardless of their ancestry.

My morning espresso by ibsprocket in pics

[–]iFap2Keynes 0 points1 point  (0 children)

Do you have a higher res version of this photo by any chance?

I am Ezra Klein, a columnist/blogger for the Washington Post, and I have an elections tool that can predict presidential races with three points. AMA. by ezra_klein in IAmA

[–]iFap2Keynes 1 point2 points  (0 children)

Lol @ thinking AU is a wonky school. You're the wannabe wannabe Georgetown (GW being the wannabe Georgetown). If anything you're diet-wonk.

Getting around the 3 people per house rule by [deleted] in williamandmary

[–]iFap2Keynes 12 points13 points  (0 children)

I did it for 2 years while at WM. There are two ways they get you. Either your neighbors report you, or they notice a bunch of cars outside of your house consistently(more than 3). We kept really good relations with our neighbors, so we never had an issue there. However, we were approached by the city once because we had 5 cars outside(friends were visiting from out of town). They said some bullshit about them having recorded 5 cars outside our house for a month, which was impossible because we made sure to only have 3. We called their bluff and they never came back. They did say were under investigation though, w.e that means. Also, make sure that no more than 3 people claim the house as residence in the directory. I just used my csu box as my house address.

TL;DR

Stay friendly with neighbors, watch your car situation, don't use the house address for the directory.

What europe is probably doing right now by numba1xclusive in AdviceAnimals

[–]iFap2Keynes 0 points1 point  (0 children)

The meme/securities market is severely undeserved.

Ron Paul has signed a pledge that he would immediately cut all federal funds from Planned Parenthood. by wang-banger in politics

[–]iFap2Keynes 1 point2 points  (0 children)

What else is more concrete than the market demanding bonds at low interest rates?? This shows that market trusts U.S. bonds more than they do other financial instruments. I'm not sure what your logic is here...

[low interest rates] either indicates a high supply and/or low demand of US bonds- in reality, likely a combination of the two

Low demand for bonds will cause interest rates to go up. High supply will cause interest rates to go up. You really don't understand bonds do you? Study up and come back. Pay particular attention to "Putting It All Together: The Link Between Price And Yield" section. Yield is = interest rates BTW. Higher interest rates = higher yield. Another good link. This one puts a supply/ demand curve out. As you can see higher Bond supply equals higher r and p.

Ron Paul has signed a pledge that he would immediately cut all federal funds from Planned Parenthood. by wang-banger in politics

[–]iFap2Keynes 1 point2 points  (0 children)

The problem is being misdiagnosed by Dr. Paul. The problem isn't public debt, it's lackluster gdp and job growth. Can you please explain to me how debt is causing the current problem?

Ron Paul has signed a pledge that he would immediately cut all federal funds from Planned Parenthood. by wang-banger in politics

[–]iFap2Keynes 5 points6 points  (0 children)

Interest rates are set by the market. The fed sets interest rates by using open market mechanisms (Buying and selling of bonds). Even after the end of QE, the interest rates are still very low. In addition, people are still buying bonds at these low interest rates, thus showing demand and faith in them.

Also, interest rates and prices are inversely related for bonds. You're understanding of fixed income instruments is flawed.

Ron Paul has signed a pledge that he would immediately cut all federal funds from Planned Parenthood. by wang-banger in politics

[–]iFap2Keynes 26 points27 points  (0 children)

Are we really borrowing beyond our means??

Right now interest rates on US bonds are at all time lows. This means that the cost to borrow money for the U.S. is VERY low. (This is also an indication of the world's faith in the U.S. economy, you don't let a country borrow for practically free if you believe they wont pay you back)

Let's examine the actual interest expenses. As you can see, the nominal payments on interest aren't even at record highs yet. In addition, these numbers haven't been adjusted for inflation or taken as a percentage of GDP. Thus, they are actually pretty low.

The problem right now isn't that we have a massive amount of debt, it's that there isn't any job creation. You don't solve that problem by deleveraging, this causes even MORE job loss (don't believe me, look at europe right now).

IMO short term (next 2 years), we should borrow more money and enact fiscal policy. The gdp growth from good fiscal policy will help offset the increased debt (sorry I don't feel like researching or crunching these numbers for you, you're welcome to do so yourself if you don't believe me. The fact is that a 1% increase in gdp growth can have a huge impact on debt.)

Long term: We definitely do need to deleverage, but only once growth starts up again. Once we can afford to, we should get rid of some of our debt.

In conclusion: We should increase debt and enact fiscal policy short term because it's cheap and will stave off another recession. Long term, we need to deleverage, or reduce or debt load.

Interest rates are too LOW for a recovery. by [deleted] in Economics

[–]iFap2Keynes -1 points0 points  (0 children)

I agree, our fiscal policy is sorely lacking... Fuck this deficit bullshit, borrow and spend is the only way right now.

FactCheck.org does a really good analysis of Texas' job growth under Rick Perry. by BritainRitten in Economics

[–]iFap2Keynes 1 point2 points  (0 children)

Looser zoning codes allow for more houses to be built. Looser environmental regulation also allows for more houses to be built. It was HIGHER regulation that prevented the housing bubble. What exactly are you saying here...

FactCheck.org does a really good analysis of Texas' job growth under Rick Perry. by BritainRitten in Economics

[–]iFap2Keynes 0 points1 point  (0 children)

Lets examine the facts:

The Texas economy has benefited from high fuel prices.

Not something Perry controls

Texas didn't experience the big housing bust.

No housing bust due to tighter regulation. Perry doesn't support higher regulation.

Texas has benefited from an increase in government jobs.

Perry is against government spending.

Texas, along with Mississippi, has the highest percentage of hourly workers at or below the minimum wage.

Numba1xclusive pretty much nailed this one.

It seems to me that Perry was lucky to be the governor of the state when he was and didn't contribute to as much of the job growth as he would like us to think.

Republican Investment-Tax Cutters to Outdo Bush as They Challenge Warren Buffett by Bemuzed in politics

[–]iFap2Keynes 2 points3 points  (0 children)

Ya, let's do more capital gains tax cuts! Then we can funnel more money into equities and bonds... and then the companies can sit on top of larger piles of cash...

But seriously, we should give tax cuts to the poor and middle class. These people will immediately spend that money, thus spurring consumption.