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Joined 2 years ago
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Cake day: June 14th, 2023

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  • I view the patent process as furthering the ability of others to benefit from the results: without patents, the only way to keep clones of your product from immediately appearing on the market is obfuscation and trade secrets. Patents grant a limited monopoly, but at the price of full disclosure. That full disclosure serves a useful social benefit as others can learn and innovate on what was done before. The limited monopoly encourages innovation because it helps people get exclusive rights to sell their work.

    There’s a lot of bad patent behavior with patent trolls, etc. The duration of the patents should be relatively short and not extensible. But I think the disclosure aspect of the patent process does further overall innovation.





  • Isn’t a much simpler answer that China started dumping bonds, and they’ll dump a lot more if the tarriff situation isn’t resolved soon?

    As a real estate investor who’s mortgaged to the max, Trump wants high inflation to increase the nominal value of his properties, and low interest rates. China has extensive US bond holdings and at least some ability to drive up 10 year rates by selling those bonds. Trump doesn’t want higher rates, even if you only consider his direct, personal situation.









  • When you enter the US, you have to claim your checked baggage as part of the process of going through customs, then re-check your bags if you’re continuing on a domestic flight.

    If you have a device in your checked bag:

    1. you’re violating the safety rule about not having lithium batteries in checked luggage.

    2. if you’re asked if you are travelling with a phone and you lie and say you don’t have one, then if they search your bags and find it, then they’ll have strong evidence that you lied to a federal officer, which is a crime.