zcase | 2 months ago | on: Antimeme Antichrist
zcase's comments
zcase | 1 year ago | on: Nepenthes is a tarpit to catch AI web crawlers
zcase | 6 years ago | on: Fed cuts half point in emergency move amid spreading virus
The first order effects weren't so large to stem the selloff (first order meaning the PV effect of lowering discount rate).
As for second order effects (rate cuts to spur economic activity), I'm not even bullish about the mechanism to transmit rate cuts to the real economy normally, but I think in a quarantine situation, those mechanisms are even more diminished as there's less economic activity. Thinking out loud, demand will probably just hit a wall--there's no elasticity here when people are worried about their lives.
The only mechanism that sounds plausible to flow through to the real economy is fiscal. Government buys Pampers, burns them, buys them again. Or keep lowering rates to raise asset prices by a purely mechanical lowering of discount factor.
zcase | 6 years ago | on: Crema Coffee in San Jose Closes Due to ADA Lawsuit
https://www.sanjoseinside.com/wp-content/uploads/2020/01/Cre...
The message seems to be: this is a nice thing, I can't readily access it, so nobody should have it. Like the kid taking his ball away after losing at soccer. Except this is someone else's ball?
Open to changing my view
zcase | 8 years ago | on: Ask HN: Why did you choose not to have children?
zcase | 8 years ago | on: Ask HN: Why did you choose not to have children?
zcase | 8 years ago | on: The Western Elite from a Chinese Perspective
It seems to me that tax cutting could lead to increased consumption and therefore a reduction in GDP slack and upward pressure on prices (inflation). Why is it that tax increases would lead to inflation?
zcase | 11 years ago | on: Ask HN: Those who quit their jobs to travel the world, how did it go?
zcase | 11 years ago | on: Jarvis: Personal assistant via SMS
zcase | 11 years ago | on: Show HN: Free, anonymous coding interview practice
zcase | 12 years ago | on: Ask HN: How do you get and stay in the "zone"?
zcase | 12 years ago | on: Meta unveils next version of augmented reality glasses for $3k