They could always just ask France to build extra plants and import the electricity, I doubt a national nuclear program with all the regulatory mess which comes with it is cheaper. With France's economy of scale and a waste management infrastructure within it's own borders it has comparative advantage for nuclear power generation.
Then 3 years on when those college kids want a new laptop they will buy a Macbook, because PC gaming has no relevance any more to them... and Microsoft loses mindshare for their bread and butter product, Windows.
Amazon is unlikely to cave and cut their margins to 0% for all iOS sales... yet if Apple discriminates in their favour that is almost certainly going to be actionable in court. Apple will have to kick Kindle from the appstore... I just don't see how the Apple propaganda machine can spin that.
Can't Amazon just give out licenses to develop iOS AZW e-readers to third parties? As those third parties would not make sales of content they could no more break Apple's regulations than say epub readers AFAICS.
Intel has roughly 2 years head start on the rest of the industry, process wise. Especially with computational lithography they are light years ahead of everyone else, and this is a critical technology to keep scaling immersion lithography... which is necessary because EUV is very late. Because of patents they will probably not lose this lead up till EUV breaks through.
It would be foolish not to convert that lead into foundry business if they have spare capacity, or given just how fucking late EUV is they might even build extra fabs and take everyone's lunch. Not healthy for the industry...
This is far better done through official modding support for Crysis 2 (this is not the same as releasing a development SDK, game code needs to be clearly separated and released with full source, the encryption of shaders/etc has to be opened up, it needs to have an infrastructure to check/upload/load custom code/content for mods etc. etc.). Modding lets people get up and running with content fast.
Really their current setup is the worst of all worlds... an SDK which is hard to use for amateurs compared to a traditional modding SDK and without a boiler plate license to make it an option for semi-professionals like their biggest competitor.
This is not official Mod support. There is no way to get Crysis 2 servers to run code written with the SDK (server exe's aren't available and all Crysis 2 files are encrypted).They will release a map editor for Crysis 2, but that in itself is not enough to create mods.
Interest payments on bonds are part of the Fed's operational profits. Monetized sovereign debt held to maturity on the central bank balance sheet isn't like normal sovereign debt, it permanently increases the money supply (hurting existing creditors and helping existing debtors with locked in rates) without increasing the debt burden for government. When a government with a traditional central bank wants to soft default it needs to fund a significant part of it's expenditure through sovereign debt put on the central bank balance sheet. Stimulus/government investment is not necessary for the purpose of the soft default, government can just give tax cuts as well... just as long as it runs a large deficit.
As for the country dying from devaluation, FDR didn't kill it when he devalued... his success/failure is debatable, but he didn't kill the country with his overnight devaluation of the dollar.
The US does monetization indirectly through banks, banks buy US bonds at auction and then the Fed buys it off the banks through "open" market operations. US government doesn't borrow anything directly from the Fed at the moment. It probably should though.
Almost all proceeds from the central bank end up back with government, so interest payments on bonds owned by the Fed are irrelevant. If the intent of "borrowing" is just to inflate the money supply to soft default, the productivity on debt is entirely irrelevant... the Fed doesn't need it's money to be productive, it can just print more after all.
The problem with implementing it at a state level is that with free commerce and a single currency it will cause beggar thy neighbour behaviour between states, they can not use monetary or trade policy to remain competitive with better working conditions and welfare conditions (ie. greater redistribution). Social security, minimum wage etc. belong at the federal level as long as you have free commerce.
If you want to see what you get with free commerce and a single currency but without an unified fiscal policy look to Europe. Germany "wins" by treating it's workers the worst.
Direct monetization doesn't funnel money through the bond market, it goes directly to government coffers... who can decide how to divide it through fiscal policy and outlays.
If we really needed Biokerosene ASAP there are a lot of research programs which could be brought into production relatively quickly. IMO with moonshot or Iraq war type funding the US could be energy independent in 2 decades.
Or it could piss away that kind of money on a war in Iran...
The current coherence of story telling due to modern design by committee script rewrites requires me to turn off my brain 85% of the time to enjoy a movie... I make do, those 15% of the population you belong to can make do as well for stereoscopic movies.
Theaters should supply glasses which supply the same view to both eyes though.
The US's comparative advantage is massive natural resources and a reserve currency, making countries willing to take IOUs to fund the present trade deficit. China and others are selling their citizen's short in the short term (stacking up piles of dollars to keep down their currencies) to get the US cheaper products and to fuel more outsourcing.
It's impossible to keep people employed with that comparative advantage without subsidizing industry, it's the right response to foreign currency manipulation.
Except of course while this austerity sets in economic forces are also concentrating a lot of wealth at the top, in the big picture that doesn't matter so much for resource use... but it's going to become destabilising for society. Why do we have to live more and more austere while the rich get more and more mansions, while nature reserves are privatised to keep down sovereign debt and either used for more mansions or given big ticket entry prices to keep out the riff raff, while we get forced into unnecessary wage slavery when machines could do most of the work?
Yes, we have to start living more austere... but there is no reason to be confined to ghettos in a police state and live a life of debt slavery... yet that is where the economy is heading. The austerity is necessary, the loss of freedom necessary to protect the rich while it sets in is not.
If you want to know the future, look at France in the past or China in the present (China says it wants to raise living standards, but the rich are taking over the Diet and fighting this tooth and nail). One of the two is where we are heading.
The problem is that publishers have this fantasy market separation still in place between the UK and the rest of Europe... which doesn't exist in the real market because the UK is in the EU common market, imports will force reality on prices in shops. They force Valve to keep the fantasy alive on steam though.
If developers could they would raise the prices in shops too, the EU common market benefits us in this regard.
Steam has managed to find a sweet spot in pricing (although I only buy deals, for new games Steam is less interesting because of localization... mainland Europe gets screwed hardcore) and the level of intrusiveness of DRM I can live with. The DA:O business for instance would not have happened with pure Steam DRM... a game which has been activated can be played offline (you do not have to be online to enter offline mode, that's a myth... try it out, just "pull the cable" and restart Steam).
Of course developers can use extra DRM beyond the Steam DRM, but I find it hard to blame Valve for that... although I think they are almost at the point where they have enough leverage where they should just tell developers to knock it the hell off (it negatively impacts Valve image as well when a Steam game stops working).
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They could always just ask France to build extra plants and import the electricity, I doubt a national nuclear program with all the regulatory mess which comes with it is cheaper. With France's economy of scale and a waste management infrastructure within it's own borders it has comparative advantage for nuclear power generation.
Apple is vertically integrated and have huge margins ... they still make profit while throwing in the iPod Touch, just less.
Microsoft loses money on this.
Then 3 years on when those college kids want a new laptop they will buy a Macbook, because PC gaming has no relevance any more to them ... and Microsoft loses mindshare for their bread and butter product, Windows.
Win a battle to lose the war ...
Which is where negative income tax comes you ... you tax the rich to employ the poor, perfect.
Certainly more cost efficient than welfare.
The titanium dioxide material still seems to represent a significant advance from PZT even if the operating principles are the same.
June 30th is getting close ... Netflix might very well disappear from the iOS app store altogether at that point.
Amazon is unlikely to cave and cut their margins to 0% for all iOS sales ... yet if Apple discriminates in their favour that is almost certainly going to be actionable in court. Apple will have to kick Kindle from the appstore ... I just don't see how the Apple propaganda machine can spin that.
Can't Amazon just give out licenses to develop iOS AZW e-readers to third parties? As those third parties would not make sales of content they could no more break Apple's regulations than say epub readers AFAICS.
With all due respect to Apple, I kind of doubt it ... unless they want to tape out a dozen times it will be handled mostly by Intel.
Intel has roughly 2 years head start on the rest of the industry, process wise. Especially with computational lithography they are light years ahead of everyone else, and this is a critical technology to keep scaling immersion lithography ... which is necessary because EUV is very late. Because of patents they will probably not lose this lead up till EUV breaks through.
It would be foolish not to convert that lead into foundry business if they have spare capacity, or given just how fucking late EUV is they might even build extra fabs and take everyone's lunch. Not healthy for the industry ...
This is far better done through official modding support for Crysis 2 (this is not the same as releasing a development SDK, game code needs to be clearly separated and released with full source, the encryption of shaders/etc has to be opened up, it needs to have an infrastructure to check/upload/load custom code/content for mods etc. etc.). Modding lets people get up and running with content fast.
Really their current setup is the worst of all worlds ... an SDK which is hard to use for amateurs compared to a traditional modding SDK and without a boiler plate license to make it an option for semi-professionals like their biggest competitor.
This is not official Mod support. There is no way to get Crysis 2 servers to run code written with the SDK (server exe's aren't available and all Crysis 2 files are encrypted).They will release a map editor for Crysis 2, but that in itself is not enough to create mods.
As it stands Crysis 2 will have no real modding.
Interest payments on bonds are part of the Fed's operational profits. Monetized sovereign debt held to maturity on the central bank balance sheet isn't like normal sovereign debt, it permanently increases the money supply (hurting existing creditors and helping existing debtors with locked in rates) without increasing the debt burden for government. When a government with a traditional central bank wants to soft default it needs to fund a significant part of it's expenditure through sovereign debt put on the central bank balance sheet. Stimulus/government investment is not necessary for the purpose of the soft default, government can just give tax cuts as well ... just as long as it runs a large deficit.
As for the country dying from devaluation, FDR didn't kill it when he devalued ... his success/failure is debatable, but he didn't kill the country with his overnight devaluation of the dollar.
The US does monetization indirectly through banks, banks buy US bonds at auction and then the Fed buys it off the banks through "open" market operations. US government doesn't borrow anything directly from the Fed at the moment. It probably should though.
Almost all proceeds from the central bank end up back with government, so interest payments on bonds owned by the Fed are irrelevant. If the intent of "borrowing" is just to inflate the money supply to soft default, the productivity on debt is entirely irrelevant ... the Fed doesn't need it's money to be productive, it can just print more after all.
The problem with implementing it at a state level is that with free commerce and a single currency it will cause beggar thy neighbour behaviour between states, they can not use monetary or trade policy to remain competitive with better working conditions and welfare conditions (ie. greater redistribution). Social security, minimum wage etc. belong at the federal level as long as you have free commerce.
If you want to see what you get with free commerce and a single currency but without an unified fiscal policy look to Europe. Germany "wins" by treating it's workers the worst.
Direct monetization doesn't funnel money through the bond market, it goes directly to government coffers ... who can decide how to divide it through fiscal policy and outlays.
If we really needed Biokerosene ASAP there are a lot of research programs which could be brought into production relatively quickly. IMO with moonshot or Iraq war type funding the US could be energy independent in 2 decades.
Or it could piss away that kind of money on a war in Iran ...
The current coherence of story telling due to modern design by committee script rewrites requires me to turn off my brain 85% of the time to enjoy a movie ... I make do, those 15% of the population you belong to can make do as well for stereoscopic movies.
Theaters should supply glasses which supply the same view to both eyes though.
Try to design binary easily searchable data structure for XML ... see if you can do it without violating that patent.
The US's comparative advantage is massive natural resources and a reserve currency, making countries willing to take IOUs to fund the present trade deficit. China and others are selling their citizen's short in the short term (stacking up piles of dollars to keep down their currencies) to get the US cheaper products and to fuel more outsourcing.
It's impossible to keep people employed with that comparative advantage without subsidizing industry, it's the right response to foreign currency manipulation.
Except of course while this austerity sets in economic forces are also concentrating a lot of wealth at the top, in the big picture that doesn't matter so much for resource use ... but it's going to become destabilising for society. Why do we have to live more and more austere while the rich get more and more mansions, while nature reserves are privatised to keep down sovereign debt and either used for more mansions or given big ticket entry prices to keep out the riff raff, while we get forced into unnecessary wage slavery when machines could do most of the work?
Yes, we have to start living more austere ... but there is no reason to be confined to ghettos in a police state and live a life of debt slavery ... yet that is where the economy is heading. The austerity is necessary, the loss of freedom necessary to protect the rich while it sets in is not.
If you want to know the future, look at France in the past or China in the present (China says it wants to raise living standards, but the rich are taking over the Diet and fighting this tooth and nail). One of the two is where we are heading.
Can't they just get someone with an European bank account to help them out?
The problem is that publishers have this fantasy market separation still in place between the UK and the rest of Europe ... which doesn't exist in the real market because the UK is in the EU common market, imports will force reality on prices in shops. They force Valve to keep the fantasy alive on steam though.
If developers could they would raise the prices in shops too, the EU common market benefits us in this regard.
Steam has managed to find a sweet spot in pricing (although I only buy deals, for new games Steam is less interesting because of localization ... mainland Europe gets screwed hardcore) and the level of intrusiveness of DRM I can live with. The DA:O business for instance would not have happened with pure Steam DRM ... a game which has been activated can be played offline (you do not have to be online to enter offline mode, that's a myth ... try it out, just "pull the cable" and restart Steam).
Of course developers can use extra DRM beyond the Steam DRM, but I find it hard to blame Valve for that ... although I think they are almost at the point where they have enough leverage where they should just tell developers to knock it the hell off (it negatively impacts Valve image as well when a Steam game stops working).
Since when are modern conservatives libertarian?
I can't, it's not part of my predestined thoughts :/