Sabitlenmiş Tweet
Jake
106.6K posts
Jake
@EconomPic
An optimist who assumes everyone is full of shit or lazy. Smart because he forgets. Fuck everyone against sensible gun reform. 👨👩👦👦👶🏻🐶🍔🍺🏀⚾️📊🤘
East Bay via NY via PSU via NJ Katılım Şubat 2009
585 Takip Edilen43K Takipçiler
@tyillc @DLSermersheim if you look at healthcare CPI as a whole, you get to what you want. there is no conspiracy here. just needs bucketing.
English
@DLSermersheim @EconomPic From an individual's perspective is inflation what happens to their health insurance premiums or what they actually incur in health care expenses?
English
@AeonCoin @EconomPic I started down the path insurance premiums = what is paid for medical goods and services plus what insurers' earn ... sounded good ... then I looked at UnitedHealthcare ... what part of its income statement has been declining significantly for four years ...
English
FYI... the interpretation of the calculation is wrong. CPI does not claim health insurance costs are down, this is health insurance earnings. The lower number means people are using MORE of the higher cost of premiums on health care, which are in other areas of healthcare CPI.
Charlie Bilello@charliebilello
The most absurd number in CPI? According to the US Government, the cost of health insurance has declined 31% over the last 4 years...
English
@EconomPic For inflation, do we care about the amount spent on healthcare or the health insurance premiums paid ... I would think the latter because that is what individuals actually experience as inflation ...
English
@AdviserCounsel Since 1978, penalties awarded during regular or extra time convert at a highly stable rate of roughly 79.1%.
40% likely too high, but a lot closer to reality than when people say they can beat up a bear.
English
@AdamSinger seems like this would benefit everyone not living in Syracuse then
English
@EconomPic Yeah just remember a lot of this isn't organic at all IE piratewires.com/p/the-nimby-wa… (not a data center, but still the same NIMBYs)
English
@AdamSinger Agree… so they shouldn’t be jamming them in areas where people explicitly don’t want them and are voting against them (which they are doing in too many instances)
English
@EconomPic I sat and watched projects punted forever with "environmental impact reports" when I lived in CA, the process was used as a weapon against progress -I do agree though zoning should handle all this, and most places I've lived had that established already pretty well
English
It's hard to imagine any sort of future we don't all benefit from more compute and more energy. Just incredibly regressive any state would stand in the way of increasing capacity of both. We need way more people in gov who are actually ambitious and optimistic about tomorrow
English
@AdamSinger so a state that says "let's take a pause while we revisit zoning and impact of data centers on the localities in which they are built" seems logical as long as it doesn't interfere with long term progress
English
companies / local governments just need to work with local constituents... agree that both should be good for society as a whole, but there is a (IMO) likely path where data centers won't be good (and likely bad... potentially very bad) for the communities in which they are being built
English
Allow a 55+ year old to downsize / cash in the equity of their existing home while porting their 2.5% mortgage to the new property and I bet we'd see quite a bit of movement.
Jake@EconomPic
Spicy take… at some point in the next few years there will be the idea that an existing mortgage can be moved to a new underlying property because mobility will be so bad (i.e. nobody with a 2.5%-3% mortgage is moving otherwise unless forced to).
English
@EconomPic If health insurance premiums are so difficult to track, why can Google show ACA premiums up 20-26% year over year and employer plan premiums up 6-9%?
English
@EricBalchunas @philbak1 HUGE flows into gold (and other metals) in 2025 and beginning of 2026, so this is a reversal of that trade.
English
@philbak1 Gold is tough. Zero corr. Does whatever the hell it wants. But that’s a lot of outflows quickly. Can’t really sugarcoat it.
English
AFTER THE GOLD RUSH: $GLD has seen nearly $15b in outflows since March 1st.. that's actually 50% more in outflows than all of the bitcoin ETFs have seen in aggregate since the October peak.
English
@EconomPic Switcheroo on the collateral seems like it would be defrauding the MBS pool that bought the mortgage? Or do you create some govt fund that prepays the old mortgage below par and issues a new one at the old coupon?
English
@EconomPic @kylascan Natural reply to this is thst houses aren't in the places people want them. Urban and suburban elevated prices reveal shortages
English
@Confortorosario makes sense if you have the cash. can't get the mortgage rate in an after tax return without taking on material risk.
English
@EconomPic We are downsizing. Our realtor says every transaction in our price point is cash.
English
@EconomPic How about, unless you have dependents, if you have a single family home that exceeds a certain square footage you pay a gigantic tax?
English
@PCAminimums @kylascan correct... but largely i personally do not think we have a supply problem. i think we have an allocation problem. this won't completely fix it, but i think it could help x.com/EconomPic/stat…
Jake@EconomPic
Data seems to support this view... housing stock growth has largely kept up with population growth. Just not in certain areas where people want to live and where there isn't much room (or willingness) for housing stock growth. We need more (new) cities.
English
@EconomPic @kylascan But that doesn't change supply, just market liquidity right? That only makes homes marginally more affordable.
And are we assuming the large expensive boomer homes crash in value and become affordable? They will still be too expensive
English