Why would Oracle care to port JVM/JDK to Mac on their own, especially now, when so many developers that used to work on Java are gone from Sun/Oracle after the buyout deal?
Actually Oracle doesn't care about Mac platform, it cares about its money making business - databases, ERP software etc. and what percentage of that runs on any Mac server exactly?
The only single reason for Oracle to care is to try and preserve more Java developers, which they probably do care about, because so many of their own products use Java. But do they really care about developers on Macs? I don't see it.
Do you know how much money war makes? So what are you talking about?
Majority of people think that the portion of their income taxes that goes towards SS actually stays in the coffers as some investment fund, making more money in the process.
Those people are deluded, simple, naive creatures, very silly, mostly ignorant of the world around them.
Money that is taken from you in form of income taxes, payroll taxes are used up by the government immediately on government programs.
Politicians promise their constituency everything under the sun and that is why they get voted into the office. However these politicians never tell the truth and the truth is, in order to PAY for the promises they make there is no money.
So in order really to pay for the politicians' promises taxes must be raised. However that is not part of the platform on which these politicians run, they are not talking about increasing your taxes to give you more of these things they promise to you.
Of-course there is no money, so to pay for the promises politicians take the money wherever they can get them from and what is there? Income taxes, SS, borrowing, printing into inflation.
So the SS money is NOT kept in some investment fund, it is NOT being multiplied by some investment, it is a huge lie. SS money is being immediately spent on all the entitlements, on wars, on all the government programs and on various government agencies.
So the war is never about the war itself, it is always about the money.
Money. Cash. Dollars. That is what drives the wars. SS is a pyramid scheme because there is no money there, so it is a promise to pay for the old people by robbing the young people, nothing else.
WHY must young people tolerate this insanity? Obviously they are getting an increasingly shorter and shorter part of the stick, they are getting robbed. Because it is the old people who voted in the politicians to get the spending without paying for it, the SS that the old people paid was spent long ago and now it has the be the young serfs who'll pay for the quality of life of the old.
This is the same across the world. Greece. France. UK. USA. You name a country with a budget hole, with a huge trade deficit, with an enormous government and spending - that's a country that wants to make the young to be slaves of the old, who have created this system in the first place.
Well, the old will find out that the young are not interested in being slaves. The young will emigrate, will leave to go to countries that have no trade deficit, that have no insane policies of taxing income to pay for the promises of politicians that cannot be kept to the old.
----
It is always about money. Politicians lie to get into office. Income taxes and SS are a pyramid scheme. If it wasn't a pyramid scheme the money would have been there, actually in investments of some sort making interest, which implies the gov't wouldn't be running huge spending programs, running wars, inflating the money.
This is all a lie.
Do not pay your income taxes, your slave taxes. Leave.
I am against monopolies, that's why I am against any government whatsoever as I said, and moderation here does not take kindly to points of view like mine.
Government creates monopolies in the first place, which enables those monopolies to fix prices. Government removes competition in the first place by creating regulations and rules and taxes and subsidies. Government is the reason in the first place why there are some corporations with large incomes (like energy companies, that's an easy example)
Most companies however obviously do not have large incomes, they spend it mostly. However listen to yourself, what is the government going to do with the money that it 'reallocates' from the private sector? How is the government going to be 'more efficient' than the private sector with any money at all?
For a corporation it makes sense to cut costs, by cutting costs it increases profit, and clearly sound corporations that you want to actually invest to pay dividends.
For a government it does not make sense to cut costs, it makes sense to spend as much as it takes in to keep its power and it makes sense to increase its costs by increasing the money it takes out of the private sector and even by borrowing. Of-course printing just takes out money from the private sector as taxing does, so it's more insidious, but the idea is the same.
So don't misunderstand me for somebody who wouldn't cut government in the first place.
Were I a dictator, I'd change the Constitution to abolish most of what government does and I would explicitly prohibit government from meddling with economics in all ways completely.
There wouldn't be any department or a government worker left in my system. There would be minimum military and justice department all funded only by some sales taxes on luxury goods and it would be enough as well, this has happened before the gov't of US learned how to go around the rules imposed by the Constitution and to abuse the system and increase its size and power and take away people's money in form of income taxes to allow itself grow and then to create all those monopolies that are able to be inefficient.
Of-course they are inefficient, government makes them inefficient by insuring them, bailing them out, taking out their competition, making sure they are subsidized, etc.
Corporations shouldn't be paying any income taxes at all!
Corporate income taxes are based on money that corporation makes that is not taken by anybody as salary, in that case this is the money that directly stays in corporation and is reinvested, it is the money that allows corporation to grow and to add more to the economy in whatever ways.
If income is taxed, it should never be taxed from money that is not spent on personal purchases.
But I am also against personal income taxes, which rob individuals of:
1. Liberty to not disclose information to the government.
2. Ability to save money by not spending in on buying stuff.
So I am against all income taxes, but corporate income taxes are a specially huge atrocity.
I am against all income taxes, so I am applauding all companies that manage to pay as little as possible within the existing system, I am for them paying even less and nothing at all as INCOME taxes and I am also not interested in paying ANY INCOME taxes.
You know, there is a reason you are moderated funny for this and not insightful or informative and I agree with the moderators, that comment was very funny.
Did Greek scientist and polymath Archimedes set fire to an invading Roman fleet using only mirrors and the reflected rays of the sun during the Siege of Syracuse?
- probably, but you can count on this: if UN existed at that time, they would have banned any of this 'Sun Blotting or Reflecting'.
Trolling, trolling, trolling Though the streams are swollen Keep them doggies trolling Rawhide
Rain and wind and weather Hell bent for leather Wishing my gal was by my side
All the things I'm missin' Good vittels, lovin', kissin' Are waiting at the end of my ride
Move 'em on, head' em up Head 'em up, move' em on Move 'em on, head' em up Rawhide
Cut 'em out, ride 'em in Ride 'em in, cut 'em out Call 'em out, ride 'em in Rawhide
Keep moving, moving, moving Though they're disapproving Keep them doggies moving Rawhide
Don't try to understand 'em Just rope, throw and brand 'em Soon we'll be living high and wide
My heart calculatin' My true love will be waitin' Be waiting at the end of my ride Move 'em on, head' em up Head 'em up, move' em on Move 'em on, head' em up Rawhide
Cut 'em out, ride 'em in Ride 'em in, cut 'em out Call 'em out, ride 'em in Rawhide
Move 'em on, head' em up Head 'em up, move' em on Move 'em on, head' em up Rawhide
Cut 'em out, ride 'em in Ride 'em in, cut 'em out Call 'em out, ride 'em in Rawhide
If you don't understand that corn and gold aren't the only two things on the market, that is your problem.
- I presented a much bigger list a few comments ago, if you can't read - that's not my problem. Of-course the things I provided in that list are a tiny subset of the list there is, because all commodities are going up in price, because US dollar is falling, which you probably do not understand even the concept of, but you maybe able to read a number, right?
US dollar index fell 18% since 2006. The only reason it's even as high as it is, is because the other currencies that constitute the index are also being printed in currency wars. Good thing Asia has waken up last week, it looks like Singapore decided it cannot win the currency war and the rest of Asia just may follow suit.
Of-course in this war 'winning' means you destroy your own people's purchasing power, nothing else. Those who 'win' this war, lose their quality of life.
There is a measure for the rate of change in overall price levels, and it is showing historically low rise. You can cherry-pick a few commodities whose prices are going up, but you're not fooling anyone.
- except of-course that the smart money has left USD and is in other currencies, in Asian equities and in commodities.
So if you are so dumb not to understand the insane levels of inflation presented by the price increases, then you deserve to lose your purchasing power.
You think ALL metals going up is 'cherry picking', you think ALL agriculture going up is 'cherry picking'? You think cotton going up by 17.5% in JUST September of this year is cherry picking? Sugar? Rice? Wheat? Basically futures of all staple foods is cherry picking. Ha, interesting. I must check what happened to the cherries, they must have done better than the DOW and S&P in September just as well, though I do not have that number in front of me right now, I'll find out.
It's amusing how you make up ridiculous strawmen like this. I can tell that even you realize that you're utterly out of your league, and you're flailing around as fast as you can to try to distract yourself from your own incompetence.
- I see, so I am dealing with a troll. Well I understand I am dealing with a troll, but this thread has gone long enough for me just to stop destroying every single one of your arguments in every comment I make.
You are the one saying deflation hurts the poor by taking away their purchasing power. You amuse me in your ignorance by making such statements, so I am waiting for more and more comes with every new comment of yours.
You are the one saying inflation provides people with more purchasing power, which is bullshit because nobody has wages rising at all except for the bankers and probably politicians taking bribes to help out the bankers.
So you have to decide, which is it? Is deflation hurting people or is it inflation?
I am clearly on the side that inflation hurts people more, all things considered inflation will destroy currency at this point.
You believe that deflation hurts people. So it must really hurt people if commodities, the basic foods, the basic elements go down in price, it must be truly painful to know, that sugar would go down in price rather than going 19.3% UP just in month of September of 2010. Which shows clear inflation because at the same time dollar lost a few percentage points and S&P gained only 8.8% and Dow gained only 7.7%. You do not see the inflation and move into the commodities and foreign markets, but what else is new? nothing.
You know as well as I do that falling wage and price levels are bad for people with debt, and good for people with stockpiles of cash. You know it because it's so simple and obvious that there's no way not to know it, especially after I've spoon-fed the explanation to you over and over.
- but you are willfully ignoring the simple fact that in
You are wrong. There is fewer than 300,000,000 of you there, much fewer. Not everybody is as brainwashed.
As to inflation, I have shown everything, the prices are rising the dollar is being printed. If you do not understand difference between 10 dollars 4 years ago and 24+ dollars today for an ounce of gold, that's not my problem. If you don't understand 60% increase of price of corn over the last 3 months, that's not my problem.
If you don't understand that prices for homes must be falling much lower and what is holding them up is gov't printing money, that's not my problem.
I was very sincere, but have you ever heard of a 'rhetorical question' before? That's right, not every 'why' means the same thing.
Mine 'why' was in the 'why oh why' category, I don't need an explanation on why people hack, but this was not useful even in a 'curiosity strikes' sort of way.
omg, relax with your explanations. Regardless of any 'hack value', this is retarded. There is nothing at all amusing, interesting or new or inventive about combining a bunch of wires that carry electricity together to get more wattage. There is nothing interesting about it, thus the question.
There is plenty that can be done that is much more interesting, this is not it.
why not? Because it is really stupid? Because preparing food this way is stupid? Because it's stupid in a number of ways? Because there is nothing interesting in it?
I'd be more amused by seeing some sort of a smart stove device, maybe solar powered or some way that actually is useful, this was useless and stupid.
There is a problem with these engines in that they don't idle. So how about using them to generate electric energy and store it in the car and then use that electric energy to run the electric motors?
The car wouldn't need to have the turbine on all the time, only to generate enough power for the next hour or so and store it into the batteries or flywheels. Actually turbine could be used to accelerate flywheels much faster than topping up electrical batteries.
Even your primitive brain should be able to understand the numbers I gave 2 comments ago, that show in fact how inflation causes prices to increase. Your end-of-line consumer prices will be hit as well.
Over the past 3 months, corn futures have gone up by 60%.
Sixty percent. SIXTY PERCENT. That's only one single commodity and it will drive prices up for various other commodities. What will be displaced next year, which crops will be displaced by corn? Will it be soy?
Corn is used to feed livestock, this includes cows and chickens and pigs. As a vegetarian I don't even care, but most people should. Also as prices for corn go up, so will prices for various foods that contain corn.
This IS rampant inflation. You don't see it because you are blind. Your government made you blind. Compare the prices you had to pay a year ago to prices today. Prices are going up.
Inflation is rampant and you don't see it yet because while money is increasing, the US gov't has been quite successful since Nixon in fixing certain prices, especially prices for food, but even food prices are growing. US has been exporting inflation to other countries, who lost so much of their purchasing power so that prices could stay leveled in US.
Inflation IS rampant. The housing prices should be falling by another 70% easy, but they are not. It's done by the gov't by adding printed money into the system.
Of-course inflation is rampant. When the gov't got rid of M3 numbers in 2006 it was clear that the gov't decided to start hiding the inflation. They KNOW that inflation is money supply and not the stupid bullshit ridiculous mindless idiotic garbage they brainwashed you with. They know that inflation is about the money that's printed and provided to their preferred corporations, so they decided to stop counting the M3 to prevent everybody from talking about it.
Inflation is rampant. The commodity prices are showing it. There is time period between the commodity prices on the markets going up and end-of-line prices rising.
By the time your local market prices go up it's too late for you to start thinking about inflation and trying to save your money. You have to think about it much earlier, so you can actually protect yourself from your gov't stealing your purchasing power.
Of-course I am not talking about you, specifically, to me you are pretty much a lost case.
----
Deflation is a desired outcome of a recession. It is a necessary outcome. Inflation is a much worse outcome for any average person.
Do YOU understand that? I KNOW that you do not.
When was the last time ANYBODY in USA got a pay increase except for the Wall street money making robots? That's right, the wages are stagnating and have been for at least 10 years for sure.
So just how incredibly stupid it is to suggest that inflation is better than deflation for all these people, who are not seeing any of their wages increased while the prices are going up? And prices ARE going up.
And if you think that the 60% price increase on corn in 3 months will not result in gigantic price increases across the board for foods and probably other products, you are as deluded, as blind, as brainwashed as your manipulative dangerous gov't wants you to be.
Deflation is MUCH better for people for more reasons than one. First of all deflation allows people to buy more with less. To say that it does not is simply inconceivably stupid.
But let's look at the situation of people who are in debt. You think these people will ever be PAYING DEBT OUT IN INFLATION?
Well there you go. Your idiotic assumption is that people will be paying debt out in INFLATION. Well they will NOT be paying debt out in inflation. They will be getting into more debt, as obviously their salary growth (which is not growing anyway) will be outpaced the growing prices. People will be getting into more and more debt.
Their 5000 debt, you are assuming this number will not go up and
Krugman? Krugman 'predicted' the housing bubble as it started to burst. He 'predicted' a bubble when the housing market started showing contraction.
Austrian scholars, like Ron Paul, Schiff, Rogers have predicted the housing bubble a number of years earlier, there is a video of Schiff from 2002 describing how the bubble is being pumped.
--
You are comparing the rampant inflation to a dust mite? Good luck holding onto your purchasing power.
--
On deflation: I have no kind words for you there at all. Saying that people with PILES OF CASH will profit from falling prices? What bubble do you live in?
People with less money will benefit from falling prices. I don't understand how your world view got so perverted to believe that people who benefit from falling prices are the rich ones, when it is absolutely clear that falling prices benefit first of all the poorest and then the middle class, it's amazing, your understanding of money is inverted.
What predates Keynes, was Birmingham ideas, which understood inflation for what it was - increase of money supply. They wanted to use that to achieve some bizarre notion of total employment.
There is inflation right now, it is rampant and it will eventually hit the prices near you, just because most Keynesians expect to see the FINAL stage of inflation first, reflected in local prices, does not make this inflation any less real.
October 1 2010
Gold: new high Silver: new 30 year high Gold stocks hit 52 week high Oil: strong day and strong week Dollar: dropped 13 percent from peak 3 months ago
September is done, media says: this is best September in 71 years. Dow gained 7.7%, S&P gained 8.8%.
However this month of September.
CRB Index (commodities): gained 8.7% - beat DOW and just under S&P Soy beans: up 9.5% - beat S&P Copper: up 10% - beat S&P Rice: up 10% - beat S&P Oil: up 11% - beat S&P Corn: up 12% - beat S&P Silver: up 13% - beat S&P Frozen concentrated orange juice: up 13% - beat S&P Cotton: up 17.5% - beat S&P Sugar: up 19.3% - beat S&P
Currencies: Swiss Frank: up 4.6% Euro: up 7% Australian Dollar: up 9% - beat S&P
--------
Keynesians cannot see forest for the trees, none of them predicted the bubbles, they didn't even see the bubbles of housing prices, of stock prices in the Internet bubble before that and they don't see the bond bubble now either. They are blind, useless and dangerous, as they are in power.
Keynesians invented their definition of inflation, which came much after Birmingham scholars had theirs, 100 years before Keynesians and those guys knew what inflation was - increase of money supply, and they counted on it.
You are completely ignorant of the rampant inflation around you, but I will teach you, though you may not be susceptible to teaching, but how about these facts:
October 1 2010
Gold: new high Silver: new 30 year high Gold stocks hit 52 week high Oil: strong day and strong week Dollar: dropped 13 percent from peak 3 months ago
September is done, media says: this is best September in 71 years. Dow gained 7.7%, S&P gained 8.8%.
However this month of September.
CRB Index (commodities): gained 8.7% - beat DOW and just under S&P Soy beans: up 9.5% - beat S&P Copper: up 10% - beat S&P Rice: up 10% - beat S&P Oil: up 11% - beat S&P Corn: up 12% - beat S&P Silver: up 13% - beat S&P Frozen concentrated orange juice: up 13% - beat S&P Cotton: up 17.5% - beat S&P Sugar: up 19.3% - beat S&P
Currencies: Swiss Frank: up 4.6% Euro: up 7% Australian Dollar: up 9% - beat S&P
--------
Keynesians cannot see forest for the trees, none of them predicted the bubbles, they didn't even see the bubbles of housing prices, of stock prices in the Internet bubble before that and they don't see the bond bubble now either. They are blind, useless and dangerous, as they are in power.
--------
I prefer deflation. In my world it is much better when prices fall, so I can afford more with less money. You can go ahead and have your hyper inflation, which does not even need to be hyper, just the price increases indicated above should make anybody worry about their ability to pay the bills in the near future.
Subsidies kill competition and remove my choices of what I buy and at what price, instead the choices are substituted with some dead end stupid ideas by some moron who thinks he knows better what I want to buy at what price and it always ends up bringing prices up if not for the subsidized item then for the item that is being replaced in the market, because the subsidy kills alternatives.
Slashdot Mirror
I think Gosling is correct.
Why would Oracle care to port JVM/JDK to Mac on their own, especially now, when so many developers that used to work on Java are gone from Sun/Oracle after the buyout deal?
Actually Oracle doesn't care about Mac platform, it cares about its money making business - databases, ERP software etc. and what percentage of that runs on any Mac server exactly?
The only single reason for Oracle to care is to try and preserve more Java developers, which they probably do care about, because so many of their own products use Java. But do they really care about developers on Macs? I don't see it.
Are you for real, are you that naive and simple?
Do you know how much money war makes? So what are you talking about?
Majority of people think that the portion of their income taxes that goes towards SS actually stays in the coffers as some investment fund, making more money in the process.
Those people are deluded, simple, naive creatures, very silly, mostly ignorant of the world around them.
Money that is taken from you in form of income taxes, payroll taxes are used up by the government immediately on government programs.
Politicians promise their constituency everything under the sun and that is why they get voted into the office. However these politicians never tell the truth and the truth is, in order to PAY for the promises they make there is no money.
So in order really to pay for the politicians' promises taxes must be raised. However that is not part of the platform on which these politicians run, they are not talking about increasing your taxes to give you more of these things they promise to you.
Of-course there is no money, so to pay for the promises politicians take the money wherever they can get them from and what is there? Income taxes, SS, borrowing, printing into inflation.
So the SS money is NOT kept in some investment fund, it is NOT being multiplied by some investment, it is a huge lie. SS money is being immediately spent on all the entitlements, on wars, on all the government programs and on various government agencies.
So the war is never about the war itself, it is always about the money.
Money. Cash. Dollars. That is what drives the wars. SS is a pyramid scheme because there is no money there, so it is a promise to pay for the old people by robbing the young people, nothing else.
WHY must young people tolerate this insanity? Obviously they are getting an increasingly shorter and shorter part of the stick, they are getting robbed. Because it is the old people who voted in the politicians to get the spending without paying for it, the SS that the old people paid was spent long ago and now it has the be the young serfs who'll pay for the quality of life of the old.
This is the same across the world. Greece. France. UK. USA. You name a country with a budget hole, with a huge trade deficit, with an enormous government and spending - that's a country that wants to make the young to be slaves of the old, who have created this system in the first place.
Well, the old will find out that the young are not interested in being slaves. The young will emigrate, will leave to go to countries that have no trade deficit, that have no insane policies of taxing income to pay for the promises of politicians that cannot be kept to the old.
----
It is always about money. Politicians lie to get into office. Income taxes and SS are a pyramid scheme. If it wasn't a pyramid scheme the money would have been there, actually in investments of some sort making interest, which implies the gov't wouldn't be running huge spending programs, running wars, inflating the money.
This is all a lie.
Do not pay your income taxes, your slave taxes. Leave.
I am against monopolies, that's why I am against any government whatsoever as I said, and moderation here does not take kindly to points of view like mine.
Government creates monopolies in the first place, which enables those monopolies to fix prices. Government removes competition in the first place by creating regulations and rules and taxes and subsidies. Government is the reason in the first place why there are some corporations with large incomes (like energy companies, that's an easy example)
Most companies however obviously do not have large incomes, they spend it mostly. However listen to yourself, what is the government going to do with the money that it 'reallocates' from the private sector? How is the government going to be 'more efficient' than the private sector with any money at all?
For a corporation it makes sense to cut costs, by cutting costs it increases profit, and clearly sound corporations that you want to actually invest to pay dividends.
For a government it does not make sense to cut costs, it makes sense to spend as much as it takes in to keep its power and it makes sense to increase its costs by increasing the money it takes out of the private sector and even by borrowing. Of-course printing just takes out money from the private sector as taxing does, so it's more insidious, but the idea is the same.
So don't misunderstand me for somebody who wouldn't cut government in the first place.
Were I a dictator, I'd change the Constitution to abolish most of what government does and I would explicitly prohibit government from meddling with economics in all ways completely.
There wouldn't be any department or a government worker left in my system. There would be minimum military and justice department all funded only by some sales taxes on luxury goods and it would be enough as well, this has happened before the gov't of US learned how to go around the rules imposed by the Constitution and to abuse the system and increase its size and power and take away people's money in form of income taxes to allow itself grow and then to create all those monopolies that are able to be inefficient.
Of-course they are inefficient, government makes them inefficient by insuring them, bailing them out, taking out their competition, making sure they are subsidized, etc.
Corporations shouldn't be paying any income taxes at all!
Corporate income taxes are based on money that corporation makes that is not taken by anybody as salary, in that case this is the money that directly stays in corporation and is reinvested, it is the money that allows corporation to grow and to add more to the economy in whatever ways.
If income is taxed, it should never be taxed from money that is not spent on personal purchases.
But I am also against personal income taxes, which rob individuals of:
1. Liberty to not disclose information to the government.
2. Ability to save money by not spending in on buying stuff.
So I am against all income taxes, but corporate income taxes are a specially huge atrocity.
I am against all income taxes, so I am applauding all companies that manage to pay as little as possible within the existing system, I am for them paying even less and nothing at all as INCOME taxes and I am also not interested in paying ANY INCOME taxes.
You know, there is a reason you are moderated funny for this and not insightful or informative and I agree with the moderators, that comment was very funny.
Did Greek scientist and polymath Archimedes set fire to an invading Roman fleet using only mirrors and the reflected rays of the sun during the Siege of Syracuse?
- probably, but you can count on this: if UN existed at that time, they would have banned any of this 'Sun Blotting or Reflecting'.
This entire "story" must be summed up by the following:
Rawhide
I owe you $200 and you boys drank $300 worth of beer
Trolling, trolling, trolling
Trolling, trolling, trolling
Trolling, trolling, trolling
Trolling, trolling, trolling
Rawhide
Trolling, trolling, trolling
Though the streams are swollen
Keep them doggies trolling
Rawhide
Rain and wind and weather
Hell bent for leather
Wishing my gal was by my side
All the things I'm missin'
Good vittels, lovin', kissin'
Are waiting at the end of my ride
Move 'em on, head' em up
Head 'em up, move' em on
Move 'em on, head' em up
Rawhide
Cut 'em out, ride 'em in
Ride 'em in, cut 'em out
Call 'em out, ride 'em in
Rawhide
Keep moving, moving, moving
Though they're disapproving
Keep them doggies moving
Rawhide
Don't try to understand 'em
Just rope, throw and brand 'em
Soon we'll be living high and wide
My heart calculatin'
My true love will be waitin'
Be waiting at the end of my ride
Move 'em on, head' em up
Head 'em up, move' em on
Move 'em on, head' em up
Rawhide
Cut 'em out, ride 'em in
Ride 'em in, cut 'em out
Call 'em out, ride 'em in
Rawhide
Move 'em on, head' em up
Head 'em up, move' em on
Move 'em on, head' em up
Rawhide
Cut 'em out, ride 'em in
Ride 'em in, cut 'em out
Call 'em out, ride 'em in
Rawhide
Trolling, trolling, trolling
Trolling, trolling, trolling
Trolling, trolling, trolling
Trolling, trolling, trolling
Rawhide
Rawhide
If you don't understand that corn and gold aren't the only two things on the market, that is your problem.
- I presented a much bigger list a few comments ago, if you can't read - that's not my problem. Of-course the things I provided in that list are a tiny subset of the list there is, because all commodities are going up in price, because US dollar is falling, which you probably do not understand even the concept of, but you maybe able to read a number, right?
US dollar index fell 18% since 2006. The only reason it's even as high as it is, is because the other currencies that constitute the index are also being printed in currency wars. Good thing Asia has waken up last week, it looks like Singapore decided it cannot win the currency war and the rest of Asia just may follow suit.
Of-course in this war 'winning' means you destroy your own people's purchasing power, nothing else. Those who 'win' this war, lose their quality of life.
There is a measure for the rate of change in overall price levels, and it is showing historically low rise. You can cherry-pick a few commodities whose prices are going up, but you're not fooling anyone.
- except of-course that the smart money has left USD and is in other currencies, in Asian equities and in commodities.
So if you are so dumb not to understand the insane levels of inflation presented by the price increases, then you deserve to lose your purchasing power.
You think ALL metals going up is 'cherry picking', you think ALL agriculture going up is 'cherry picking'? You think cotton going up by 17.5% in JUST September of this year is cherry picking? Sugar? Rice? Wheat? Basically futures of all staple foods is cherry picking. Ha, interesting. I must check what happened to the cherries, they must have done better than the DOW and S&P in September just as well, though I do not have that number in front of me right now, I'll find out.
It's amusing how you make up ridiculous strawmen like this. I can tell that even you realize that you're utterly out of your league, and you're flailing around as fast as you can to try to distract yourself from your own incompetence.
- I see, so I am dealing with a troll. Well I understand I am dealing with a troll, but this thread has gone long enough for me just to stop destroying every single one of your arguments in every comment I make.
You are the one saying deflation hurts the poor by taking away their purchasing power. You amuse me in your ignorance by making such statements, so I am waiting for more and more comes with every new comment of yours.
You are the one saying inflation provides people with more purchasing power, which is bullshit because nobody has wages rising at all except for the bankers and probably politicians taking bribes to help out the bankers.
So you have to decide, which is it? Is deflation hurting people or is it inflation?
I am clearly on the side that inflation hurts people more, all things considered inflation will destroy currency at this point.
You believe that deflation hurts people. So it must really hurt people if commodities, the basic foods, the basic elements go down in price, it must be truly painful to know, that sugar would go down in price rather than going 19.3% UP just in month of September of 2010. Which shows clear inflation because at the same time dollar lost a few percentage points and S&P gained only 8.8% and Dow gained only 7.7%. You do not see the inflation and move into the commodities and foreign markets, but what else is new? nothing.
You know as well as I do that falling wage and price levels are bad for people with debt, and good for people with stockpiles of cash. You know it because it's so simple and obvious that there's no way not to know it, especially after I've spoon-fed the explanation to you over and over.
- but you are willfully ignoring the simple fact that in
Made an error, that was an ounce of silver of-course. Gold cost under $480 in 2006 if I remember correctly, today it's around 1360.
So I guess in your head that means poor people can afford more gold, look, it's more expensive. So prices went up, must be better for the poor.
yes yes, wonderful logic.
You are wrong. There is fewer than 300,000,000 of you there, much fewer. Not everybody is as brainwashed.
As to inflation, I have shown everything, the prices are rising the dollar is being printed. If you do not understand difference between 10 dollars 4 years ago and 24+ dollars today for an ounce of gold, that's not my problem. If you don't understand 60% increase of price of corn over the last 3 months, that's not my problem.
If you don't understand that prices for homes must be falling much lower and what is holding them up is gov't printing money, that's not my problem.
I was very sincere, but have you ever heard of a 'rhetorical question' before? That's right, not every 'why' means the same thing.
Mine 'why' was in the 'why oh why' category, I don't need an explanation on why people hack, but this was not useful even in a 'curiosity strikes' sort of way.
omg, relax with your explanations. Regardless of any 'hack value', this is retarded. There is nothing at all amusing, interesting or new or inventive about combining a bunch of wires that carry electricity together to get more wattage. There is nothing interesting about it, thus the question.
There is plenty that can be done that is much more interesting, this is not it.
why not? Because it is really stupid? Because preparing food this way is stupid? Because it's stupid in a number of ways? Because there is nothing interesting in it?
I'd be more amused by seeing some sort of a smart stove device, maybe solar powered or some way that actually is useful, this was useless and stupid.
one word to describe this story from me: why?
There is a problem with these engines in that they don't idle. So how about using them to generate electric energy and store it in the car and then use that electric energy to run the electric motors?
The car wouldn't need to have the turbine on all the time, only to generate enough power for the next hour or so and store it into the batteries or flywheels. Actually turbine could be used to accelerate flywheels much faster than topping up electrical batteries.
Ooooh, so does plot Mandelbrot in Soviet Russia?
I see that you live in a different universe, for you up is down, white is black, growing prices are decreasing prices.
In your world inflation and stagnating wages means that debts will be repaid rather than increased.
In your world non-existent interest rates encourage savings.
In your world 60% increase of prices of corn in 3 months time period shows no inflation.
In your world silver going up from $10 in 2006 to around $24 dollars now shows no inflation.
In your world M3 numbers being hidden by the government means nothing.
In your world deflating prices mean that only the rich will be able to afford them.
It must be something else, living in your world.
The inflation is rampant.
Even your primitive brain should be able to understand the numbers I gave 2 comments ago, that show in fact how inflation causes prices to increase. Your end-of-line consumer prices will be hit as well.
Over the past 3 months, corn futures have gone up by 60%.
Sixty percent. SIXTY PERCENT. That's only one single commodity and it will drive prices up for various other commodities. What will be displaced next year, which crops will be displaced by corn? Will it be soy?
Corn is used to feed livestock, this includes cows and chickens and pigs. As a vegetarian I don't even care, but most people should. Also as prices for corn go up, so will prices for various foods that contain corn.
This IS rampant inflation. You don't see it because you are blind. Your government made you blind. Compare the prices you had to pay a year ago to prices today. Prices are going up.
Inflation is rampant and you don't see it yet because while money is increasing, the US gov't has been quite successful since Nixon in fixing certain prices, especially prices for food, but even food prices are growing. US has been exporting inflation to other countries, who lost so much of their purchasing power so that prices could stay leveled in US.
Inflation IS rampant. The housing prices should be falling by another 70% easy, but they are not. It's done by the gov't by adding printed money into the system.
Of-course inflation is rampant. When the gov't got rid of M3 numbers in 2006 it was clear that the gov't decided to start hiding the inflation. They KNOW that inflation is money supply and not the stupid bullshit ridiculous mindless idiotic garbage they brainwashed you with. They know that inflation is about the money that's printed and provided to their preferred corporations, so they decided to stop counting the M3 to prevent everybody from talking about it.
Inflation is rampant. The commodity prices are showing it. There is time period between the commodity prices on the markets going up and end-of-line prices rising.
By the time your local market prices go up it's too late for you to start thinking about inflation and trying to save your money. You have to think about it much earlier, so you can actually protect yourself from your gov't stealing your purchasing power.
Of-course I am not talking about you, specifically, to me you are pretty much a lost case.
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Deflation is a desired outcome of a recession. It is a necessary outcome. Inflation is a much worse outcome for any average person.
Do YOU understand that? I KNOW that you do not.
When was the last time ANYBODY in USA got a pay increase except for the Wall street money making robots? That's right, the wages are stagnating and have been for at least 10 years for sure.
So just how incredibly stupid it is to suggest that inflation is better than deflation for all these people, who are not seeing any of their wages increased while the prices are going up? And prices ARE going up.
And if you think that the 60% price increase on corn in 3 months will not result in gigantic price increases across the board for foods and probably other products, you are as deluded, as blind, as brainwashed as your manipulative dangerous gov't wants you to be.
Deflation is MUCH better for people for more reasons than one. First of all deflation allows people to buy more with less. To say that it does not is simply inconceivably stupid.
But let's look at the situation of people who are in debt. You think these people will ever be PAYING DEBT OUT IN INFLATION?
Well there you go. Your idiotic assumption is that people will be paying debt out in INFLATION. Well they will NOT be paying debt out in inflation. They will be getting into more debt, as obviously their salary growth (which is not growing anyway) will be outpaced the growing prices. People will be getting into more and more debt.
Their 5000 debt, you are assuming this number will not go up and
well, look at the rest of that comment. Did it make any sense at all from top to bottom?
Thus, of-course, it's "intensive purposes" and "begs question", where there was no begging of any question obviously.
Krugman? Krugman 'predicted' the housing bubble as it started to burst. He 'predicted' a bubble when the housing market started showing contraction.
Austrian scholars, like Ron Paul, Schiff, Rogers have predicted the housing bubble a number of years earlier, there is a video of Schiff from 2002 describing how the bubble is being pumped.
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You are comparing the rampant inflation to a dust mite? Good luck holding onto your purchasing power.
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On deflation: I have no kind words for you there at all. Saying that people with PILES OF CASH will profit from falling prices? What bubble do you live in?
People with less money will benefit from falling prices. I don't understand how your world view got so perverted to believe that people who benefit from falling prices are the rich ones, when it is absolutely clear that falling prices benefit first of all the poorest and then the middle class, it's amazing, your understanding of money is inverted.
What predates Keynes, was Birmingham ideas, which understood inflation for what it was - increase of money supply. They wanted to use that to achieve some bizarre notion of total employment.
There is inflation right now, it is rampant and it will eventually hit the prices near you, just because most Keynesians expect to see the FINAL stage of inflation first, reflected in local prices, does not make this inflation any less real.
October 1 2010
Gold: new high
Silver: new 30 year high
Gold stocks hit 52 week high
Oil: strong day and strong week
Dollar: dropped 13 percent from peak 3 months ago
September is done, media says: this is best September in 71 years. Dow gained 7.7%, S&P gained 8.8%.
However this month of September.
CRB Index (commodities): gained 8.7% - beat DOW and just under S&P
Soy beans: up 9.5% - beat S&P
Copper: up 10% - beat S&P
Rice: up 10% - beat S&P
Oil: up 11% - beat S&P
Corn: up 12% - beat S&P
Silver: up 13% - beat S&P
Frozen concentrated orange juice: up 13% - beat S&P
Cotton: up 17.5% - beat S&P
Sugar: up 19.3% - beat S&P
Currencies:
Swiss Frank: up 4.6%
Euro: up 7%
Australian Dollar: up 9% - beat S&P
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Keynesians cannot see forest for the trees, none of them predicted the bubbles, they didn't even see the bubbles of housing prices, of stock prices in the Internet bubble before that and they don't see the bond bubble now either. They are blind, useless and dangerous, as they are in power.
Keynesians invented their definition of inflation, which came much after Birmingham scholars had theirs, 100 years before Keynesians and those guys knew what inflation was - increase of money supply, and they counted on it.
You are completely ignorant of the rampant inflation around you, but I will teach you, though you may not be susceptible to teaching, but how about these facts:
October 1 2010
Gold: new high
Silver: new 30 year high
Gold stocks hit 52 week high
Oil: strong day and strong week
Dollar: dropped 13 percent from peak 3 months ago
September is done, media says: this is best September in 71 years. Dow gained 7.7%, S&P gained 8.8%.
However this month of September.
CRB Index (commodities): gained 8.7% - beat DOW and just under S&P
Soy beans: up 9.5% - beat S&P
Copper: up 10% - beat S&P
Rice: up 10% - beat S&P
Oil: up 11% - beat S&P
Corn: up 12% - beat S&P
Silver: up 13% - beat S&P
Frozen concentrated orange juice: up 13% - beat S&P
Cotton: up 17.5% - beat S&P
Sugar: up 19.3% - beat S&P
Currencies:
Swiss Frank: up 4.6%
Euro: up 7%
Australian Dollar: up 9% - beat S&P
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Keynesians cannot see forest for the trees, none of them predicted the bubbles, they didn't even see the bubbles of housing prices, of stock prices in the Internet bubble before that and they don't see the bond bubble now either. They are blind, useless and dangerous, as they are in power.
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I prefer deflation. In my world it is much better when prices fall, so I can afford more with less money. You can go ahead and have your hyper inflation, which does not even need to be hyper, just the price increases indicated above should make anybody worry about their ability to pay the bills in the near future.
if you look closer, you'll realize that he didn't die, it's just he became too big for us to see.
Subsidies kill competition and remove my choices of what I buy and at what price, instead the choices are substituted with some dead end stupid ideas by some moron who thinks he knows better what I want to buy at what price and it always ends up bringing prices up if not for the subsidized item then for the item that is being replaced in the market, because the subsidy kills alternatives.
I am a loud proponent of deflation here, who sees that recession must bring prices down but giant inflation that is happening does not let it, so don't hang this on me.