Tomasz Tunguz (tomasz)

only way out is to cut rates, inflate, make the debt burden less & ride out inflation as best we can. either that or bet on Gen AI doubling GDP to 5% growth for the next 10 years

• 0 replies
• 0 recasts
• 2 reactions

i think the homeschooling movement is easy to ignore but a real movement (https://www.nheri.org/how-many-homeschool-students-are-there-in-the-united-states-during-the-2021-2022-school-year/). a big driver of this are things like khan academy, adaptive testing online, & standardized tests.

• 1 reply
• 0 recasts
• 1 reaction

imo, the only way out is to inflate. if we raise taxes, the debt/gdp ratio goes way too high because higher taxes reduce the gdp. the deficit is so high because of the high interest rates. money is flooding the treasury for QE & because of the recent bank runs (consumers moving money from banks into money market).

• 1 reply
• 0 recasts
• 1 reaction

i like taskwarrior

• 0 replies
• 0 recasts
• 0 reactions