I don’t want to sound smug but these people need to build something to understand what goes on through that process

lol this was a real comment about cars made?

The problem is the vanity of folks who need a consumer facing use case for their tech. “We optimized the fertilizer plant” just doesn’t have the same ring to it, though highly more productive to society

Exactly this, is your information base a good enough filter. There was a spate of bad bond math from commentators all in a row of I remember correctly?

It was thought millennials would be the pejorative shorthand for young people forever, in a sense glad to see our own mortality as Zoomer is thriving

Now I know why my great-grandma never threw anything out

The Good Elders also realize there is still struggle for the younger generation but the circumstances have changed as you’ve provided more opportunities. Maybe your kids have to bus an hour instead of walk, the struggles change with the opportunities

How much were 1970s price controls telegraphed I wonder?

Surely you might have spotted a Le Car before?

There was actually a big Renault-AMC partnership back in the day

Curious your Chandler angle since I’m slowly making my way through The Visible Hand

Regarding debt I find it a bit incongruous the proposal is “let us re-term out this debt and break the trust of the original issuance (in effect default) but now trust us we are backing this with US property going forward”

I don’t mean to predict Brad’s profits for his new adventure but the number 1 input to asphalt shingles on roofs is… asphalt. He says tariffs don’t affect much but heavy oil isn’t really domestically produced. I’ll let you guess where we normally get it from. open.spotify.com/episode/2qEq...

Alan also knows the history. I wonder if there will be some fun tariff engineering a la Subaru Brat with the rear facing seats to try and avoid the tax. Maybe I can bolt the bumpers on at the port. bsky.app/profile/alan...

If your preferred instigation strategy is to rely on “wildcatters” for overproduction it might not be so robust.

In some sense the producers have to be in a lottery a la shale to make this work, but eventually the music catches up and you need a rational control mechanism a la SPR.

Problem with housing production I think is we guarantee the mortgage part, a step removed from paying the producer.

I of course was being obtuse but I feel the same way, capital markets don’t reward excess capacity (whatever your definition) bsky.app/profile/redb...