Hacker Newsnew | past | comments | ask | show | jobs | submit | barchar's commentslogin

The saying is "workers spend what they earn and capitalists earn what they spend".

Capitalists don't need worker demand to support their own consumption; spending out of profits directly supports profits overall.

It would be something of a consumption race to the bottom, however. They wouldn't be any better off vs if we supported adequate demand for everyone, but they might control a bigger slice of the (much) smaller pie.


If they've eliminated all the jobs then presumably the economy has the idle productive capacity required to either produce the goods demanded by ubi recipients or produce the (real) capital required

The central sections of link were expensive because they're built through the center of the earth with really huge stations, some of this is to avoid impacting cars but much is just to get elevation changes. The connection over lake Washington required a lot of money and work too, as it's a floating bridge.

The less complex sections were mostly on-par with other us cities.


I think sentinel-1 has a SAR instrument, it's very easy to see ships with that data


There is a fee implicit in the market spread. It's formed out of the time value of money w.r.t. the cost of NOT trading as well as the adverse selection faced by those with standing offers.

Increased insider trading will increase spreads.


Then explain why the average prediction market has a smaller spread than the average equity option market.


In that case you limit your upside as well as an insider, and have to deal with liquidity and slippage coming and going.


Polymarket "odds" I think are just the price of the contract * 100 right?

That's not actually the predicted odds by the market because every single bet is also a bet on interest rates.

A contract that literally 100% always would resolve to "true" in 1 year would have a non-zero price for the "false" side because selling that option (and thus taking the "false" side means you get ~$97 today and then pay $100 in a year.

Polymarket's 4% chance of jesus returning by 2026 actually represents a market consensus of basically a 0% chance.

For trump losing office there might be some bets predicated on his losing office being correlated to a higher interest rate outcome, too.


In theory this should limit the damage insiders can do, since as the probability of encountering an insider rises the market makers will need to widen the spread.


Uhhh what? If they take control of the server they have control over the box.


Cockpit tends to be less ad-hoc than others ime. Often it'll use dbus on the backend.

It's also socket activated, which is nice.


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: