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May 1 2020 03:36pm
Quote (Helloween7 @ 1 May 2020 12:44)
Just check his tweets for today. Guy needs his meds ASAP.

I've noticed that Elon has stress cycles, often when projects are ramping up. Man is neurotic as fk.

I dig the Deus Ex avatar though.

this

imagine if social media was like it is now during when he was getting the model S launched. lmfao
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May 1 2020 03:44pm
Depends on how you look at it, it actually might be a pretty honest thing to say.

If you're an investor you're pissed, if you're a wanting buyer or an analysts you'd be impressed with the honesty. 99% of CEO's would never admit their stock price is overpriced even if it's blatantly obvious.

edit. even if you're invested, it might be a good thing if you take his advice and sell because the stock price is a bit too overextended, saving you money in the long term.

This post was edited by ofthevoid on May 1 2020 03:45pm
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May 1 2020 03:48pm
Quote (ofthevoid @ May 1 2020 04:44pm)
Depends on how you look at it, it actually might be a pretty honest thing to say.

If you're an investor you're pissed, if you're a wanting buyer or an analysts you'd be impressed with the honesty. 99% of CEO's would never admit their stock price is overpriced even if it's blatantly obvious.

edit. even if you're invested, it might be a good thing if you take his advice and sell because the stock price is a bit too overextended, saving you money in the long term.


If I'm an investor who really thinks Tesla was worth the price it was at, then I'm loving that he brings the price down with a tweet.

This post was edited by Thor123422 on May 1 2020 03:48pm
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May 2 2020 12:45pm
A must watch for those of you worried about inflation

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May 2 2020 01:35pm
Quote (dro94 @ May 2 2020 01:45pm)
A must watch for those of you worried about inflation

http://www.youtube.com/watch?v=WFiJw6QoTL4


What if I really want inflation? Should I still watch it?
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May 2 2020 04:21pm
Quote (Thor123422 @ May 2 2020 08:35pm)
What if I really want inflation? Should I still watch it?


No
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May 4 2020 08:21am
Trump and Fed marching toward negative interests rates. This is way beyond Keynes and there is massive support across the board when the chips are on the table.

Also how does Mitch McConnel look as after overseeing one of the largest acts of corporate welfare hand outs in history while saying states should go bankrupt :rofl:

Negative interest rates. That is bad territory. Lenders will have to pay banks to hold onto their reserves. Smaller countries do this, pay people to take loans sometimes through central bank policy.

Is funny seeing the right wing gain all the political power through the saul alinsky play book then fully embrace keynes in monetary policy.

This post was edited by Skinned on May 4 2020 08:26am
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May 5 2020 03:47pm
Grats whoever was in Disney puts.
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May 5 2020 04:14pm
Quote (Skinned @ May 4 2020 09:21am)
Trump and Fed marching toward negative interests rates. This is way beyond Keynes and there is massive support across the board when the chips are on the table.

Also how does Mitch McConnel look as after overseeing one of the largest acts of corporate welfare hand outs in history while saying states should go bankrupt :rofl:

Negative interest rates. That is bad territory. Lenders will have to pay banks to hold onto their reserves. Smaller countries do this, pay people to take loans sometimes through central bank policy.

Is funny seeing the right wing gain all the political power through the saul alinsky play book then fully embrace keynes in monetary policy.


You can find out a lot about what people really think when there's an emergency.

You will learn a lot of ethical theories, but for some reason everybody becomes a utilitarian when resources are limited. For some reason all politicians become socialists when there's a pandemic, and when the economy shrinks Keynes rules.
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May 5 2020 04:29pm
Quote (Skinned @ May 4 2020 03:21pm)
Trump and Fed marching toward negative interests rates. This is way beyond Keynes and there is massive support across the board when the chips are on the table.

Also how does Mitch McConnel look as after overseeing one of the largest acts of corporate welfare hand outs in history while saying states should go bankrupt :rofl:

Negative interest rates. That is bad territory. Lenders will have to pay banks to hold onto their reserves. Smaller countries do this, pay people to take loans sometimes through central bank policy.

Is funny seeing the right wing gain all the political power through the saul alinsky play book then fully embrace keynes in monetary policy.


Keynes did actually cover negative interest rates when he wrote about the liquidity trap. He used a model called IS LM or Investment Saving Liquidity Money that mapped interest rates against output...in theory the interest rate could be below zero.
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