Loved the roll out the barrel choice! My wife and I are at the game, could we request who let the dogs out?

Josh! Im in the game, can you do max dont have sex with your ex?

What would it look like if you removed the lowest decile? (I assume which is basically 50/50)?

Hey, @nytimes.com, is the Department of Justice hounding the political critics of Elon Musk at the request of hardened neo-Nazis a story? Because I'm pretty sure it would be a five-alarm fire if Biden had done it

I've looked into maybe analyzing some public debt deals but not sure if that's quite relevant to what I'd be interested in. Which to be clear would be some kind of direct lending fund!

I agree with that - if it's UBI then that $1,000 should be tax exempt. I think with the distribution of debt and income in the US, that it would not result in inflation and likely result in diminished interest payments to lenders but also improved charge off rates, so net benefit for all!

And I'm saying that I don't think it would inflate away. I think the majority of people and therefore dollars will make the same purchases but just not utilize debt, therefore no inflation. No strong opinion on the second point.

If you gave people $1,000 a month, it does not increase prices by the $1,000 you mentioned (netting the vulnerable to 0 compared to the DINK), because the vulnerable would primarily make that purchase with cash instead of debt, which has significant follow up impacts on savings rates for them.

Wouldn't interest payments be negative to financial assets / savings?

Regardless - what I'm saying is that for a significant portion of the population, purchases that were being made before (therefore no price increase) would no longer cost them 20% - huge net benefit to savings rates

Doesn't this framework discount the role of credit, especially for people in the segment where $24k is a meaningful sum? Right now, I would bet that a large portion of purchases that the $24k would be used on is already being spent, just on credit.