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re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt - RickySauwce on 6/23/17 at 7:55 am
I know he says to ignore exchange rates and such for the example. But I guess even if GB exchanged USD to Germany and Germany to Spain eventually those dollars would be used by someone to by goods from us? ...Jump to Post - View Topic - Replies (1)
re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt - RickySauwce on 6/23/17 at 7:07 am
Question, Speaking of the Tariff chapter which is what I just finished. Hazlitt states that if we buy the less costly sweater at 25$ from Great Britain then they will have more US dollars to buy exports from us. What happens if they choose to use those dollars in trade with another country rath...Jump to Post - View Topic - Replies (1)
Lynxcat and Barry - RickySauwce on 6/15/17 at 1:55 pm
I need to get in contact with yall. I don't know you from Adam but I've seen your posts and I would like your advice. If you wouldn't mind posting an email address so that I could contact yall at. ...Jump to Post - View Topic - Replies (3)
re: EBC Book #1 - Economics in One Lesson by Henry Hazlitt - RickySauwce on 6/14/17 at 1:16 pm
I read through chapter 4 and I have been pondering public works and how different people view the success of tax payer funded projects. I agree that their is a necessity of basic taxation to be used on projects that Hazlitt mentioned (infrastructure, policeman, fireman). It may just be me but be...Jump to Post - View Topic - Replies (1)
re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room) - RickySauwce on 6/6/17 at 7:00 pm
Maybe a slack channel would be beneficial but I don't have an objection either way. I also think we should be able to just comment or begin discussing whenever each reader sees fit. I get excited by certain thoughts and have veracity to discuss but as the moment passes I lose the fire and abilit...Jump to Post - View Topic - Replies (0)
re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room) - RickySauwce on 6/4/17 at 8:26 pm
It seemed to point out that even innovated trading strategies will over time always be adjusted to by the market. So always be ever mindful in updating your winning ways to a new winning way because it won't stay that way forever. No I do not currently watch numberphile but I may look into it....Jump to Post - View Topic - Replies (0)
re: Economics Book Club (EBC): Book 4 Starts Aug 21 (The Smartest Guys in the Room) - RickySauwce on 6/4/17 at 7:07 pm
I'm a young mechanical engineer in the nuclear industry and I just recently got really excited about economics and finance and I am currently reading the "The Intelligent Investor" I'm on chapter four lol. I would like to join the group. I don't know if I will be able to keep up constantly but I w...Jump to Post - View Topic - Replies (2)
re: This is a spin off from the retirement thread. Realistic retirement numbers? - RickySauwce on 6/2/17 at 3:52 pm
Pure estimation lol. I have negative net wealth at the moment. That's why I'm coming here to ask. I wanna retire early and not be a slave all of my life. I want a family as well. You think me and wife could live like a king off of that ? ...Jump to Post - View Topic - Replies (1)
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