Working on a big analysis of the economic ramifications of #COVID19
What are the tools in the gov't's toolbox when it comes to address potential financial contagion?
- Loan guarantees
- Public ownership
- Quantitative easing
- Helicopter money aka @andrewyang "freedom dividend"
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Have you thought about getting in the mask business? Seems to play to your strengths (d2c, custom products, china manufacturing contacts).
Yes, but very briefly. I basically ran in the other direction. 1. Doesn't align with my long-term goals and life is too short for anything that doesn't 2. Very risk. Government can come in and ban you. Amazon can too. 3. Requires licensing (maybe) 4. Everyone I know is.
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Oh cool then. On 4 — that’s great! I’ll buy them. :-) The trick in this stuff (for me) is to say “OK everyone else is going to make masks. What opportunity does that create?”
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Selling gold pans to the panhandlers. My problem with capitalizing on these ideas is that I lack the stable of talent to execute on my (sometimes) good ideas.
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I spoke with a friend about buying a mask making machine from India and sending it to Big Spring, TX where he has labor but we ran into licensing issues.
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It’s interesting to me all the masks are using filtration. My first wonder is why we don’t have say UV light driven active filtration.
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