Aman Thakur

[Aman Thakur @simla_boy]

@Akshat_World Need to take the starting valuations into account. If all that future that you suggest is priced in then returns will be zero instead of generational wealth.

[Aman Thakur @simla_boy]

@pmarca Fed has decided it wants 2% inflation. So to compensate declining goods prices from imports, it has to inflate services and domestic production.
Fed would not let you have cheaper cars and electronics without taxing you somewhere else.

[Aman Thakur @simla_boy]

@RealJimChanos If markets made sense....most of us would not have anything else to do.

[Aman Thakur @simla_boy]

@Akshat_World I don't think you understand life.
Perhaps it stems from your life experiences but if you pull your head out of your butt you will realize that money isn't the only thing.
Financial independence is a foolish goal. Humans are dependent specie. Work is rewarding not misery.

[Aman Thakur @simla_boy]

@SethCarlsonHere @ItsLulu_7 People tend to attribute extreme disparity with capitalism. This is a complete misunderstanding of capitalism and how societies and economics work.
The disparity is result of not allowing capitalism to operate as it was intended......encourage risk taking and let them fail.

[Aman Thakur @simla_boy]

@ItsLulu_7 There is no capitalism in the US. The divide is because of the absence of capitalism.
The fiscal and monetary intervention and complete disregard for monopolistic businesses has resulted in this divergence.
Let capitalism thrive and this will solve itself.

[Aman Thakur @simla_boy]

@ItsLulu_7 Totally incorrect.
Capitalism was abandoned in the 1990s which is why this has happened.
Frequent government intervention and larger governments are causing this disparity. We do not have capitalism anywhere in the world right now.

[Aman Thakur @simla_boy]

@Akshat_World The least dirty shirt is the one you wear when all are dirty.

[Aman Thakur @simla_boy]

@vishal_alt_ @DivaJain2 Net increase in household debt and government MUST equal excess corporate profits.
@DivaJain2's lament is obviously not founded in reality.

[Aman Thakur @simla_boy]

@DivaJain2 The Kalecki equation is an accounting identity. It is not a theory.....it has to be ALWAYS true. That is what an identity is. Ruchir made one minor mistake, that the equation has more than one variable. However he is right.

So before you judge please educate yourself.

[Aman Thakur @simla_boy]

@dailydirtnap The problem is not the deficit level by itself. It is
1. The structural nature of it....increasing in a robust growing economy with full employment
2. The debt to GDP ratio. It was 62% pre GFC

But yes insolvency is unlikely.

[Aman Thakur @simla_boy]

@ThinkWithSaurav @svembu That is the very definition of bubble. Debt fueled buildout of real capacity which is way ahead of demand.
The asset is valuable but has a duration mismatch with the liability used to fund it.
No houses are vacant in US but there was a bubble in construction in 2008.

[Aman Thakur @simla_boy]

@DivaJain2 @pratapgrover No one here really understood the original comment but launched into a Twitter fight.

Diva is right but off topic. Others are neither right nor on topic......what is wrong with you guys :)

[Aman Thakur @simla_boy]

@DivaJain2 @pratapgrover Please read her comment again. She said...the real story is NOT USD to INR but the value of INR relative to goods and services....in other words inflation
Inflation in India in the last 15 years was likely more than 50%.
Lets be more tolerant :)

[Aman Thakur @simla_boy]

@DivaJain2 I don't think she meant 50% relative to the dollar but 50% to inflation.
I think the inflation in the last 15 years may have been much more than 50%. So yes Indians were screwed.

[Aman Thakur @simla_boy]

@BernieSanders As much as I hate rich billionaires, I hate totally ignorant leftists like you. You can't tell the difference between wealth and income.
And if you want less wealth disparity....cut government spending. Read a bit of economics and you will understand this.

[Aman Thakur @simla_boy]

@GunnelsWarren @JeffBezos is right. But he is answering the wrong question. The question should be "how do we fix wage and wealth disparity".
I know he is a well meaning guy....and I am sure he has ideas for society. Perhaps we should engage him at that.

[Aman Thakur @simla_boy]

@itsurboyevan There is no timeline on this. So we don't know how to discount. Even if true, TAM may be worth only a few hundred billion dollars today (wait...we are going to ZIRP soon)
Ah....what times we live in. The sheep will rush to the slaughter.

[Aman Thakur @simla_boy]

@JeffBezos Absolutely right. However we should also try to address the wage disparity.
I know you are smart but not a million times smarter than most folks to earn that kind of money (stocks and cash). Perhaps we should also talk about that.
The way to end that is kill stock based comp.

[Aman Thakur @simla_boy]

@jbulltard1 You must not like yourself to post something like that here.
The Musk army will argue that the TAM is infinite :)

No rational argument can be made against hypothetical