Ben Sigman
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bensig.bsky.social
Ben Sigman
@bensig.bsky.social
Thinking about Bitcoin.
Wondering about macro economics.
Dreaming about product.
How many times is Instagram going to show me the same video of noodles? It’s so lame.
July 4, 2023 at 7:01 PM
Single, living in SF? $104k is now considered low income

LA - $70k is low income

Source: this report by Dept of Housing https://www.hcd.ca.gov/sites/default/files/docs/grants-and-funding/income-limits-2023.pdf
July 4, 2023 at 6:23 PM
Federal debt trend chart looks like a crooked smile drawn by a child or a psychopath.

What went right in 1981? FED was raising rates to combat inflation - very similar to today.

But instead of raising gov spending we had Reaganomics:

cut gov spending
lower taxes
reduct regulation
July 4, 2023 at 6:03 PM
I don’t know about you, but I find well-organized vegetables to be - at the same time exciting and soothing.
July 4, 2023 at 5:52 PM
Is this thing on?
July 4, 2023 at 5:48 PM