Me_Melissa

Me_Melissa t1_j5puiiu wrote

You're right. Even when I was countering, I was thinking it. A CEO's direction impacts the behavior of tens of thousands of employees. Even if those behaviors only average earning the company an extra $10/mo per individual employee, that's already millions a year.

It's worth noting that the CEO's value is also embedded in the structure of the company. The hierarchy guarantees by definition that the CEO can have the biggest impact. If a company were more horizontal in its leadership and direction, then there would be less of a discrepancy in the amount of money different employees can earn the company with their ideas.

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Me_Melissa t1_iwvzfmm wrote

It was an attempt to test the implied hypothesis of another commenter who basically said that red states are red, bc their people don't support social services, bc their poor who use those services are more fraudulent and criminal, bc they're black.

So we came up with some objective metrics to attempt to plot how many of the poor are black and how badly they get incarcerated grouped by R and D.

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Me_Melissa t1_iu55z8m wrote

/u/terrykrohe would it be possible to do one plotting percentage of impoverished population that's black people against incarceration categorized by R and D?

Our boy here has a hypothesis for a cause of incarceration and surely the correlations for the "obvious explanation" will be stronger than the correlations for the alleged Effect of political affiliation.

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Me_Melissa t1_issgd29 wrote

I saw a theory on YouTube that the Fed would decouple the RRP rate from the fed funds rate and drop the RRP rate low, causing the RRP users to take that money out in a hurry and invest it into the economy like a stimulus through loans etc.

Based on what you've said in this thread, it sounds like the YouTube theory is bs bc:

  1. RRP users are fixed income funds, not entities that lend to the public
  2. The Fed has never indicated that they'd decouple the rates

Am I tracking?

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Me_Melissa t1_ira6rhs wrote

Is it possible that the stocks were overvalued in an environment where capital was borderline free, such that profits were unnecessary?

Is it possible that as interest rates started rising, bonds increased their attractiveness compared to equities, so seed capital became harder to get?

Is it possible that tech companies that have had stupid valuations compared to their earnings because they could just use equity to make money, now need to take on debt with rising interest rates, thus pushing their valuations to less stupid?

You know, do major economic events have impacts on markets? Or do people mad on Facebook determine the market?

You've got a case of confirmation bias that rivals my case of Dunning Krueger.

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