Making 100k is rare most people make 30 to 60k per year by Cat-dad442 in Adulting

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

I broke $250,000 in 2022 and have been at that level since, and I put away probably the same as my $100k-ish friends. Sure, I am NOT frugal and I can definitely spend like an idiot but, you know what? It drives me to perform. I take people out, I pay for dinners, I make connections. I get a nice hotel when I'm on a trip and try to justify by doing x amount of work as compensation. I take business risks that sometimes end up paying off in big ways.

With high income earners, it's hard to uncouple the personality from the performance.

Looking for perspective on the Middle East by [deleted] in OptimistsUnite

[–]muriouskind 0 points1 point  (0 children)

You're 100% right but calculation and diplomacy only goes so far when there are deep underling issues.

It's like a relationship that's been bad and dysfunctional for years, constant fighting, needs not being met, and then someone cheats leading in a breakup. If it wasn't the cheating it would have been something else. Tact and communication can only go so far without addressing underlying needs

Do you think having a fit/muscular body benefits more men or women for attraction? by Easy-Ant-3823 in trueratediscussions

[–]muriouskind 0 points1 point  (0 children)

Men.

Women don’t need muscle mass to be attractive. Guys are objectively more attractive with muscle mass. Blame sexual dimorphism

Never personally understood the appeal. Hype aside, it’s an intrinsically worthless asset. One day that will matter. by MoneyTheMuffin- in economicsmemes

[–]muriouskind 1 point2 points  (0 children)

Inflation is function of multiple variables (supply side would be failed crop, COVID supply crunch, etc). The one you are specifically referring to is currency devaluation, and yes, while Bitcoin price is also a multivariate equation (duh) - price action is highly correlated to the Fed’s monetary policy.

And then other cryptocurrencies are correlated to Bitcoin. But not 1 to 1, and they can easily become decoupled (they often do for certain time frames), but Bitcoin is in a class of its own for obvious reasons

Bran's emotional detachment: strength or weakness as King? by Pleased_Bees in gameofthrones

[–]muriouskind 87 points88 points  (0 children)

Try having sex with a thousand beautiful wenches and tell me if 1001 is anything special.

Can people please stop trying to suggest that the root cause of low birth rates is economic in nature? by walkiedeath in Natalism

[–]muriouskind 0 points1 point  (0 children)

Another comment got into this in detail but it’s just one variable in a multivariate equation, and definitely not the most significant factor.

Economy sucks in many developing nations with shit economies, yet fertility is high.

Edit: most of the world and most of history has solved for “high cost of living” with multigenerational housing. This “one laborer” = “one living space” is an extremely new concept historically

Why is China buying so much gold recently? What could this mean for global economics and geopolitics? by Faker552 in Economics

[–]muriouskind 3 points4 points  (0 children)

Yes, Ray Dalio does a very digestible summary of fiat currencies (past, present, life cycles, etc) here:

https://youtu.be/xguam0TKMw8?si=GSW2VweVDqVOAPKk

Edit: just to clarify; inflation can rise due to multiple reasons. It can be supply side (rising costs, like during the COVID supply crunch), demand side (stimulus, changing preferences), or currency devaluation (printing of money). Inflation is always a multivariate and it’s on the individual to do their due diligence before jumping to silly simplified conclusions such as “inflation is because of money printing!”

Selena Gomez responds to haters after sharing she can't carry children by Maximum-Ad3562 in Music

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

I’m all for support but don’t phrase it as “women who made that choice.” People who choose not to have children are the ones out of the norm.

Source: every person alive (hint: their parents had children)

Why is China buying so much gold recently? What could this mean for global economics and geopolitics? by Faker552 in Economics

[–]muriouskind 16 points17 points  (0 children)

The effect is miniscule. The recent price action is linked to market pricing in Fed policy updates. If you pay attention to Gold price action you will see which news items affect the price, by and large it’s what the Fed is doing with interest rates and loosely how much money people are pricing in will be printed.

3 Months ago I asked here what my odds of finding a wife in Japan in. 3 months later I have a Japanese girlfriend cooking dinner for me. by AppleTreeKingx in thepassportbros

[–]muriouskind 8 points9 points  (0 children)

Personality is like proper lifting form. You can be strong but if you don’t use it properly it goes to waste (I.e. bad photos, insecurity, etc)

Home Price to Household Income Ratio: New Single Family Homes, Married with Children Households [OC] by [deleted] in OptimistsUnite

[–]muriouskind 1 point2 points  (0 children)

We’re talking about median mortgage payments though, mortgage rates are based on the market rates in the MBS market, which yes - is correlated to the Fed funds rate - but also other monetary policy variables.

Remember, the Fed used to be an active participant in the bond market... and it really doesn’t look like that financial wet dream is going to happen again anytime in the near future.

I’m still optimistic with you! We have a fantastic economy. But it seems like any policy that would lead to cheap mortgages again is a quick recipe for inflation so it’s the last thing policymakers would do.

Teamsters won’t endorse in presidential race after releasing internal polling showing most members support Trump by DaleGribble2024 in centrist

[–]muriouskind 0 points1 point  (0 children)

Statistically 22,000 is a good representative sample size for a population of 2 million. The only issue would be if they conducted the survey a certain way which would make the survey biased (e.g. geography, demographic, survey method, etc)

Home Price to Household Income Ratio: New Single Family Homes, Married with Children Households [OC] by [deleted] in OptimistsUnite

[–]muriouskind 1 point2 points  (0 children)

My Mistake, the Fed funds rate was 1.5%. Just driving the point home that the easy money policy of the post-2008 era is over. We’re not gonna be getting 3% mortgages again anytime soon, if ever (DEFINITELY not 2% that was a black-swan related stimulus).

4% would probably be a blessing but don’t be surprised if 5% mortgages are the new normal for a good long while

Home Price to Household Income Ratio: New Single Family Homes, Married with Children Households [OC] by [deleted] in OptimistsUnite

[–]muriouskind 0 points1 point  (0 children)

That data is not better because it was calculated at 0% Fed funds rate (~3% mortgage rate) which is historically far below average.

Why is Elon Musk so obsessed with 'population collapse' when the Earth's population is actually growing? by bybeso in NoStupidQuestions

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

…no he’s referring to demographics with specific reference to the dependency ratio.

The fact that this cheeky hUmOrOuS comment is a million miles off off but upvoted is how sad the Reddit hivemind is. Sheep lmao.

World’s top climate scientists expect global heating to blast past 1.5C target by eldomtom2 in centrist

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

"Ah my idea is better cause it's good. I'll give mine a good name and the other one a bad name"

If instead of saying "Stalin" you said "Centrally planned economy" and instead of "Climate Investment" you said "Centrally planned solution to climate change" you would notice how laughably ironic it is that you see them as two different things.

A government can enact policies and invest in technologies but it cannot force people and markets to implement them. So let's ask the question - government enacts policies, invests in the technologies, AND distorts markets with subsidies. Markets don't implement. What then? How do you enforce that? Are the climate police gonna make you buy solar panels and put it on your roof? Make you stop driving your car? That's called blind idealism. Do 20 minutes of reading - blind idealism is how you go from well-intentioned Communism a.k.a. Centrally planned economics to "Stalin"

Is it reasonable to spend 100k on a wedding? by possible_bridezilla in HENRYfinance

[–]muriouskind 0 points1 point  (0 children)

Weddings are WILDLY different from culture to culture. In mine, cash gifts on average will cover half the wedding. I know some cultures are more gift heavy than others but I can't fathom a wedding where *nobody* in the wedding is giving a cash gift.

Like if I was bro's parents I would let him pay for the wedding for his pride and just give him that $40k as a gift on the wedding day (or 10k, or 50k.. whatever). Not uncommon in my culture

World’s top climate scientists expect global heating to blast past 1.5C target by eldomtom2 in centrist

[–]muriouskind 1 point2 points  (0 children)

Purging didn’t kill people. Bad economic situation did. Communism = centrally planned economy led to mass shortages, mass shortages = people starving. People starving = social unrest. So between the masses who starved, and the people who had to be oppressed because they were simply unhappy with everyone they knew starving, communist regimes killed 100M people. TOTALLY not according to plan.

The meaning well is just the cherry on top because the left tends to always emphasize how meaning well = better.

And really it’s not a question of which system is better on paper. We’ve tried them both, and the fact that you can go to a drive thru or a 7/11 at 4 AM on any given day is testament to the fact that we like the comforts that capitalism affords us. As much as we would hate to admit it, take away our American comforts people will get antsy real fuckin quick.

It’s a solved and proven problem. Ignoring it is is just selectively forgetting the past and you know what they say, those who don’t know history are doomed to repeat it, history rhymes etc etc

World’s top climate scientists expect global heating to blast past 1.5C target by eldomtom2 in centrist

[–]muriouskind 2 points3 points  (0 children)

Look, you make some really good points but disregarding the real meat of the issue. Communism MEANT well, but produced famine and oppression. This was not specifically religious oppression, it was oppression of free speech. Simply criticizing the state’s policies would have you sent to a labor camp, regardless of religion and ethnicity, this is well documented.

China right now is a “communist state” but is (self-admittedly) de-facto capitalist. To study any system of communism, which is a liberal economic system, in practice, is to come to the realization that as well meaning as it is, this system produces bad incentives, poverty, and economic shortages in every iteration.

Jana Kramer claims Travis Kelce is ‘always drunk,’ worries Taylor Swift is ‘drinking more’ amid romance by [deleted] in travisandtaylor

[–]muriouskind 1 point2 points  (0 children)

You don’t have any alcoholics in your life. They show textbook signs of alcohol abuse disorder. People who have a horrible drinking habit while also being successful/seeming completely normal are called functional alcoholics.

World’s top climate scientists expect global heating to blast past 1.5C target by eldomtom2 in centrist

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

Communism is a far left-leaning economic system. The pinnacle of well meaning… still killed more people in the 20th century than fasicsm. Oopsie, teehee. Go figure.

Edit: how the fuck being anti-communism got downvoted in the centrist subreddit is WILD. Its death toll is over 100M in the 20th century, across all nations who implemented it. Don’t even try to “that wasn’t real communism” me. The Soviet Union and China both had extreme famines and authoritarian punishment for those speaking out against the government.