Category: Miscellaneous

Tonic Immobility

Listened https://www.nationalgeographic.com/podcasts/article/bonus-episode-the-secret-culture-of-killer-whales from National Geographic

Photographer Brian Skerry swims with killer whales and discovers these apex predators have unique cultures that aren’t that different from our own.

Overheard at NatGeo recently produced a great podcast on Orcas and I learnt about Tonic Immobility. Shasta was watching Octonauts and guess which episode she ends up watching? – The one in which they talk about TI. Now that’s some coincidence!  

Jabbed

Since March 2020, I’ve had this internal debate of getting the Covid Vaccine mostly underlined by the following: The science behind mRNA is fascinating and so is the engineering of the vaccine Every strand of mRNA is made up of four molecular building blocks called nucleosides. But in its altered, synthetic form, one of those building…

Stimulus

Read The Fed Isn’t Printing As Much Money As You Think

So last April the Fed changed the rules and eliminated the six-withdrawal limit on savings accounts. It wrote:

The interim final rule allows depository institutions immediately to suspend enforcement of the six transfer limit and to allow their customers to make an unlimited number of convenient transfers and withdrawals from their savings deposits at a time when financial events associated with the coronavirus pandemic have made such access more urgent.

It was an obvious and nearly risk-free way to help people. Just let them have easier access to their savings.

But it changed the relationship between M1 and M2.

An interesting point on M1 and M2 [Measures of money]. With the signing of the 1.9T$ bill today in the US, we’ve essentially created 6T$ over the last 10 months. Just like that… Covid19 has brought  unprecedented suffering to many. Deaths, Unemployment, Medical complications, lifestyle changes, Social unrest and several other ramifications which we are…

Health Insurance woes

Read Why Your Health Insurer Doesn’t Care About Your Big Bills

The Affordable Care Act kept profit margins in check by requiring companies to use at least 80 percent of the premiums for medical care. That’s good in theory but it actually contributes to rising health care costs. If the insurance company has accurately built high costs into the premium, it can make more money. Here’s how: Let’s say administrative expenses eat up about 17 percent of each premium dollar and around 3 percent is profit. Making a 3 percent profit is better if the company spends more.

Pleasantly surprised to read this piece from ProPublica/NPR. Michael Frank was my professor for a Health Insurance course I took while at Columbia and he was a terrific one at it. Though I moved on to Property and Casualty Insurance as an Actuarial Analyst, I continue to be intrigued by Health. Who wouldn’t be -…

Lifting the veil

Just about a decade ago, we leased a property on a pristine and desolate beach. The house didn’t have robust walls – It just had a few curtains to protect us from the elements. The rooms internally had walls full of transparent glass. It was a beautiful property with lots of cross-ventilation and something that…