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Joined 1 year ago
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Cake day: July 2nd, 2023

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  • Inflation is like acceleration, prices are like speed. If you’re in a space ship moving at a fixed speed, you are* moving* in a direction. Acceleration means your speed is increasing. You’re moving in a direction, faster than before. If you stop accelerating, you’re still moving and you keep all the speed you gained from when you were accelerating. The only way to slow down is to decelerate-- put energy into moving the opposite direction. That would be equivalent to deflation, which has historically been very bad for the economy.




  • I’ve been attending a monthly men’s dinner organized through my church. The most recent occurrence, I almost missed because apparently the organization of the event transitioned from email to WhatsApp. I don’t have a WhatsApp account. There was no email about the move to WhatsApp. One person just happened to realize I hadn’t gotten the details and called to invite me. I was grateful somebody remembered me (at the last minute), but for weeks leading up, I kept wondering if it just wasn’t happening for March or if I were no longer welcome. I guess being an afterthought is better than being no thought at all.




  • I hired a professional to do my 2022 taxes. I had finally gotten access to an IRA that I inherited from my mother. She passed in 2014. Reading through the rules on inheriting IRAs, I knew I had missed RMD withdrawals, but I couldn’t find satisfactory answers on how much I needed to pay. The pros were able to calculate that for me and told me the amount to withdraw. They also drafted a letter to the IRS explaining the situation and asking that I be excused the penalty for missed RMDs. I got a letter back from the IRS in February accepting the explanation.