> can still require the manufacturers to privately submit to the government all code
I wonder if companies purchasing trains could put code disclosure in the purchase contract? I wonder if, in aggregate, train purchasers or car purchasers could fund an independent code storage vault and pay a small premium to fund that code vault organization?
In other words, if purchasers wanted this and valued this, they would demand it in purchase contracts and fund it.
Forced unemployment insurance is a supposed safety net, so should be open to discussion as part of solution. Let me opt out, or take premiums to a non-State provider.
> when a company lays people off, the town, state, and federal government are the ones who have to end up picking up the downstream effects
If the existing unemployment _insurance_ (forced payroll contributions to each State) are not sufficient, then change that insurance system.
There could be a business opportunity for supplemental market-priced contributions which pay on job loss. That wouldn't be worse than the 'legal assist' ripoff plans HR pimps at employee hiring.
I observed Twitter/X was recently loosening previous owner's restrictions and censorship. I'm apparently misinformed, so how is enabling previously banned accounts hurting free speech?
Thanks for the reminder! I recall Fed was involved with something in reverse repo 6 months before virus blew up.
Federal Reserve has so many levers it becomes questionable that anyone understands medium to long term impacts. And FDIC works closely with Fed on bank bailouts like SVB.
> in possession of a mystical lever, a single number that they can change to steer the behavior
Federal Reserve has more than one lever. They set bank reserve ratios. They engage in outright buying of underwater (mispriced) paper through quantitative easing. They created a new program this year to swap SVB's mispriced bond holdings at par.
It's time to reel in Federal Reserve and reel in government deficit spending.
How does that relate to capital and jobs? Unlike physical mining and physical manufacturing, capital is not a gating feature of bits and bytes tech startups.
We saw violent destruction during covid lockdowns by BLM. What did that accomplish?
There was serious labor abuse in past years, and capital doesn't have as much power in the new info-WFH-open source economy. Mineral rights and office space and expensive yearly software support contracts are gone. Stop waiting on government regulators for action on white collar issues.
Large corps have site licenses and support, so an additional Oracle instance has minimal cost. Corps that pay by CPU typically will consider alternatives.
Legislators who respect the rights of their constituents would vote 'present' and then go fishing. Since the House membership was capped in 1929, I suppose this only gets fixed through a general strike of the people, or a crack-up divorce in a decade or so.
> The boom bust cycle is made worse by government policies
Government meddling does make it worse. Governments fighting the business cycle is perverted and should not be the task of government. Paul Volker rediscovered the business cycle and wrote a book about it.
Interest rates naturally vary across time, space, lenders, and borrowers. Leave rates to the free market and have government enforce anti-discrimination.
> interest is what causes ups and downs in economies.
That is an extraordinary claim.
If government set or controlled allowable interest rate or set it to zero there would be no business cycle? The downturn in 2020 was caused by interest?
I wonder if companies purchasing trains could put code disclosure in the purchase contract? I wonder if, in aggregate, train purchasers or car purchasers could fund an independent code storage vault and pay a small premium to fund that code vault organization?
In other words, if purchasers wanted this and valued this, they would demand it in purchase contracts and fund it.