Concentration isn’t the whole story though. Plastic is 100% plastic, but it’s still hard and expensive to recycle.
Lithium batteries need to be removed from their device. Then removed from their casing. Both these steps are for things made tamper proof to some degree.
Add transportation, labor and environmental [1] costs.
In general recycling of mtls used in electronic devices is dirty and expensive.
Now a car with a big battery will change a lot of these numbers. But the problem remains: we look for tech solution (i.e. e-cars) to our social problems (bad cities, “weak” ppl [2])
[1] the Chinese are increasingly reluctant to import the worlds trash.
[2] as a kid my wife used newspaper for toilet paper at an outhouse, no one owned cars and her grandparents village was a three hour walk (no roads). That’s strong. My mom drove me to school. That’s weak
Through what mechanism could a market know about the future? The market isn’t God or an oracle. It’s just a bunch of actors going back and forth.
You and I can’t predict the future, why would averaging out guesses be any better?
And if we’re both using the average of our initials guesses to correct our guesses, then the spread is reduced.... which looks like less uncertainty when in fact nothing fundamental has changed!
What the market is very good for is as a heuristic to solve the NP hard problem of how much to produce. (Misses first worked on this and then Hyek got the bank Of Sweden prize in economics).
That being said his point is true. They printed money and that money had to increase the price of something.
If you give printed money to state employees consumer goods go up.
If you give it to banks (QE) the price of financial assets goes up. The financial bubble we’re in is huge (pray, what great increase in productivity has occurred in the last ten years that the stock market has gone up so much).
If the CPI included financial instruments (ie my retirement) this inflation would be easily spotted.
QE is maybe the most pernicious inflationary policy yet since at least the previous inflationary spending gave money to normal people but now financial oligarchs are the only ones who make money!
You don’t have to justify to anyone why you are having a child. (As a parent, I can see by you’re set up better than most)
If for no other reason having children is our biological raison d’être. Go tell a squirell it’s not rich enough to procreate!
Children are brought up with very little means everyday; they don’t need rich parents.
Children are seen by our rich society as a luxury good that only the well off are worthy of buying.
Instead what children need are strong loving parents. (I’m so anoyed at the parents of my kid’s spoiled friends, and she not even three)
I lived for three months in Cali (Santa Barbara) and it is one of the last places in N. America I would raise my daughter. Only the despair from the poorest, heroin addicted, countries in WV would rank lower.
A well employed parent, a well educated spouse and grandparents to help. We should all be so lucky!
Lithium batteries need to be removed from their device. Then removed from their casing. Both these steps are for things made tamper proof to some degree.
Add transportation, labor and environmental [1] costs.
In general recycling of mtls used in electronic devices is dirty and expensive.
Now a car with a big battery will change a lot of these numbers. But the problem remains: we look for tech solution (i.e. e-cars) to our social problems (bad cities, “weak” ppl [2])
[1] the Chinese are increasingly reluctant to import the worlds trash.
[2] as a kid my wife used newspaper for toilet paper at an outhouse, no one owned cars and her grandparents village was a three hour walk (no roads). That’s strong. My mom drove me to school. That’s weak