Scott

The difficulty lies not so much in developing new ideas as in escaping from old ones.

[Scott @scotttca]

@Afinetheorem Many people are in this bracket solely because they sold a long-held real estate property that does not qualify for the primary residence tax exemption.

[Grant Slatton @GrantSlatton]

Normalized transportation efficiencies

[Scott @scotttca]

@FredLambert Please try to find exposure data (ie KM travelled) to properly report on this.

Collision statistics are ONLY meaningful if expressed as:

- collisions per km (or miles) travelled
- injuries or fatalities per km travelled
- injuries or fatalities per population cont

Even then, the collisions/km statistic can be questionable, because the property damage reporting standard varies by jurisdiction and changes over time, so injuries per passenger-km is the best number to use.

[Scott @scotttca]

@BenjaminDEKR Sort of.. car manufacturers normally rely on tier 1 suppliers for this type of component (bosch, magna, denso). But the R&D involved is way more expensive/risky than these companies are used to, so progress has been very slow.

[Scott @scotttca]

Maybe i’m misreading, but if you’re proposing a metal-backed currency then the currency will be subjected to extended periods of deflation due to the underlying value of the backing material, such as the recent rise in gold price. Countries abandoned gold-backed currency exactly because of this price volatility.

If you’re proposing crypto-backed currency then it’s worse, as you have the whiplash of volatility where your currency can lose half its value and regain it in under a year.

Regardless, during periods of substantial deflation, people will hoard your currency and either the economy will be paralyzed or people will substitute alternative forms of money for payment (Cigarettes? Chewing gum? Seashells?)

There are many small countries in the world that peg their currency to the USD or similar. There is a reason nobody pegs to gold. Lookup Gresham’s Law…. The most widely used currencies hit an inflation sweet spot that is enough to encourage people to spend, but not enough to discourage sellers from accepting payment.

[Scott @scotttca]

The article appears to argue that inflation discourages savings, and that deflation would promote investment and therefore growth.

Social culture is what encourages or discourages savings. For example, the household savings rate in South Korea is higher than the US because of cultural differences, not because of monetary policy.

If you intentionally set deflationary monetary policy to bully people away from spending (how exactly?) then the savings rate might increase, but without extenal causes of growth the economy will contract.

If you want people to save, invest and be more entrepreneurial, then that needs to be promoted as a cultural value.

[Scott @scotttca]

Are you mixing up causality? Sure deflation can coexist with periods of high growth, but this is because the money supply can’t keep up with the economy. During these periods nominal wages rise, prices of scarce assets rise (ie. real estate), and prices of goods produced by labour fall.

Fixating on the price of a basket of goods looses sight of the bigger picture. Deflation was caused by economic growth, not the other way around.

[Scott @scotttca]

@kamilkazani Trump is a napoleon.

Polarizing, ambitious, and regarded as either an egotistical tyrant or a genius revolutionary.

[Scott @scotttca]

@raines1220 @mehauff7 At fault is not always a reliable indicator, which might by why it’s not in the reports.

Injury severity is the best indicator of safety, but need *billions* of miles to compare, and I suspect both companies are avoiding certain risks in order to keep injury numbers low.

[Scott @scotttca]

Venice Italy…… From the train station / parkade / cruise ships to San Marco square, Guidecca, Murano, Lido…

Bonus points if it stops the buildings from sinking 😁

A tunnel could provide all-weather, accessible, reliable, backbone transportation for people and freight. International visibility with 6,000,000 visitors per year.

It would reduce canal overcrowding, and erosion from motorboat wakes, and improve safety during severe weather disruptions of vaparetto and water taxi service.

The ground is mostly sandy clay and should be easy to bore through. Route would likely follow large canals to avoid structural pilings.

[Scott @scotttca]

@Mackieangrybea2 @Erdayastronaut I totally agree. But curious about the weight trade off compared to additional propellant.

[Scott @scotttca]

@BearStarMD @unusual_whales Yup, people buy less, but also exported goods & services are more competitive so exports increase.

CAD fluctuates due to bank rate, gdp, etc.

Currency manipulation (devaluing on purpose) is *highly* frowned upon. US Treasury has accused China of this. They're probably right.

[Scott @scotttca]

@BearStarMD @unusual_whales Contracts are written in USD, so a devalued dollar effectively lowers internal costs for US companies.

Wages and rent are sticky and would stay the same, but imports and exports would be repriced.

End result is less domestic consumption and more exports.

[Scott @scotttca]

@BearStarMD Yup. Starlink is platform. Nothing stopping them from integrating any existing satellite functionality, like weather sensors, image capture…

[Scott @scotttca]

Easy. By skimping on weight and crash safety.
Weight has a cascading cost effect on EVs, because heavier cars need more (heavier) batteries & stronger (heavier) crash structure, beefier (heavier) suspension and drivetrain.

They likely also benefit from fewer wiring looms, no sound deadening, obviously very little aero testing, only 4 pieces of glass, minimal corrosion protection, no A-class surfaces (except maybe the steering wheel), simpler manufacturing (zero options), and no bureaucratic bloat (new company).

Awesome design concept. It looks like a blast!

[Scott @scotttca]

@VisionZeroYVR

[Global BC @GlobalBC]

A judge has denied three people compensation from ICBC following a hit-and-run case due to their lack of effort to try and locate the offending driver.
https://t.co/HXwKP1Iqu1
https://t.co/HXwKP1Iqu1

[Scott @scotttca]

@Burgundavia Hmm.. I didn’t know that. In terms of cycling, do you know if there is a preferred alternative to roundabouts for higher volume intersections?