• 3 Posts
  • 539 Comments
Joined 2 years ago
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Cake day: August 5th, 2023

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  • It’s not “damage”
    At best it’s “potentially missed revenue”

    But by calling it dammage, it sounds inherently like a crime that needs to be prevented. As if someone broke an accountants favorite pen or calculator. They’ll have to spend additional money to replace the damaged item, actually costing them something. That helps them get law makers and enforcement on their side.

    But potentially missed revenue sounds very different. That sounds like they have some marketing research to do, in trying to sell their product. Which is difficult to get sympathy for.

    No wonder they chose the word “damage”. And the news media goes with it, because they have a similar interest. Their also trying to make money selling raw intellectual property.


  • This video from Barry’s Economics is a fantastic explanation of exactly what you’re asking.

    The whole channel is probably of interest to you.

    But in short, yes. What we currently have in the US is a mutated bastardization of capitalism. The wealthy have spent the last ~50 years bending capitalism tward something like a kind of neo-feudalism.

    To your second question:
    Anyone who thinks one system is going to be the best at everything is just silly. Some markets are best served by capitalism. Others would be socialist. A few critial markets would likely be best served by more communist style, direct government monopoly. Mixing, matching, and even switching systems as markets grow and evolve will be vital in the future.






  • Which tax advantaged account doesn’t matter to growth or liquidity.
    For growth, what matters is what you’re holding in the accounts.
    And you can’t take any of it out until retirement, so viscosity doesn’t even matter much.

    Beyond that answering your question would require knowing the current distribution.

    In short I think you’re confidently looking at this the wrong way and need to talk to a professional to get things straightened out.