The clever people would much rather stay in the US, but we kick them out every year due to VISA restrictions.
We have what, $100,000 of debt per working adult? at less than 1% interest. Let's start with $2,000 a year payment, that'll do it in less than 100 years at 1%. Or we could just not pay anyone back, that works too, just default on it all. Or add 2% inflation, keep interest at 1%, and our debt decreases every year with no payment. So worst case scenario is a 2% tax hike, I could live with that.
Smart money in china? So there's new software from China? New hardware? New cars? New seeds? New materials? New tech breakthroughs? Gimme a break, they need more than a decade to catch up. Once they are caught up, they have their whole 30% more guys than girls debacle... let's hope humans turn gay in those environments (unlikely, we aren't fish) or it's going to be a mess.
Considering we aren't burning the gold up, the "peak Gold" scenario plays out much further into the future. Nixon, a Republican, was the one that took us off the gold standard, so don't tell me it's "right-wingers" that want gold backed currency.
I would be happy to take those considerations into account and design a fiat currency around a flat rate of increase in the money supply. The Euro at least requires multiples countries consent to print more Euros.
Instead we have the dollar, where the increase in the money supply is whatever we want, no strings attached.
Even though we fuck the world over with inflation of the reserve currency, making trillions through seigniorage, it's really not the problem. The problem is the trillions upon trillions given away to students and home buyers in guaranteed debt, trillions that would have otherwise gone to businesses to employ our unemployed. This would then reduce federal expenditures, allowing more money to go to college grants. Unfortunately we have everything backwards, and the only people that want to cut spending are somewhat insane, see creationism, etc...
No it wasn't intended at all to be used as a digital currency(past practical use) but it's most commonly used characteristic is now in the digital domain(current practical use).
To me, for "all intents and purposes" signifies actual design and purpose from day one, just in plain speak. Someone doesn't understand you, so you say "for all intents and purposes" it does blah.
"intensive purposes" signifies acceptance of current practice regardless of past intents. In fact, it implies that previously, "for all intents and purposes" meant something else.
With technological advances I would hope Chinese workers see some of the benefits from high tech production facilities combined with new infrastructure.
The US has a minimum wage well over $5/hr and for long hours manual labor it's about $10/hr for minimal skill work. In China it's now approaching what? $1/hr? Wow, a whole 14% increase in that per year? So in 15-20yrs their wages will compete with ours. I'm sure the petroleum costs just to ship products here has been a bigger burden to manufacturing companies.
People say they are taking over, yet I still haven't seen anything new from China, it's all designed in the US and Europe. Until we start importing high speed trains, I see China just as a jewel of cheap labor. Let's hope at some point they are developing high tech products for us and cheap manufacturing leaves, but I think it's going to be another 20 years before that happens.
For all intensive purposes the dollar is already a digital currency. There always needs to be some way for non digital transactions (cash), but the majority of all transactions are digital. With the dollar, there is nothing backing it, and since the supply grows exponentially, along with goods and services, prices stay flat.
Bitcoin is designed to grow at a less than linear rate with a maximum number of bitcoins ever created. Using this as currency would never work as the deflation rate would continue to grow. Gold's supply grows exponentially, yet with modern technology, there is still deflation measured in gold.
It was doomed to fail from the get to, basically it's at worthless as paper dollars, yet the supply is inelastic, which would only be good if it has exponential growth.
While I agree it's a military act, obviously, it's not anything like what the founding fathers meant when they wrote "war".
They thought of war between us and another industrialized nation. If we went to "war" in the way they meant it, we would just carpet bomb the country, kill half the people, and have an amazing victory.
They never assumed we would have high tech drones half way across the world, trying to defend a 3rd world nation's populace that has a leader with high tech weapons.
It's clearly something that should have amendments written specifically for our role as the World Police.
Bitcoin is also has a finite limit of bitcoins ever produced, and grows at a rate than is less than linear.
Real currency and gold reserves are growing exponentially, along with the supply of goods and services, which keeps prices flat.
People tend to overlook this major flaw which makes the currency unpractical to ever use as deflation would be extremely high and hoarding would be a huge problem. Inflation discourages hoarding, which is a reason to use fiat currency.
Except this is the exact reason it's stable, and the exact reason helicopters are unstable, because the mass sits below the gyros. See Hiller flying platform, just leaning made it move. The next model the military made had larger fan blades and was too stable, even if the pilot leaned as much as he good he couldn't get it to tilt and therefore move.
And that's accelerating vertically, when you think about putting some thrust horizontally it's even better. 1 g horizontally and 1 g vertically requires 1.414 g's of thrust at 45 degrees. So that means I can pull 1 g corners or accelerate at 1g, which is 0-60 in less than 3 seconds! If these specs are real, this thing could be an insane ride.
To build on this thought, it's 110kg dry, 20 liters of fuel ~20kg, and me, ~70kg, which is a nice round 200kg. This thing has 295kg of thrust, that's half a g acceleration after overcoming gravity. That's insane!.., that's 0-60 in 5.5 seconds! That's 0-1000ft in 11 seconds. At 10,000 ft there is only 70% air pressure, and 70% of 295 is close to 200 kg, making it the estimated ceiling.
I don't understand the problem, it seemed like a huge success, lots of people purchased her groupon and came. If you offer a coupon that results in you making a loss, that's insane. That's like taking out ads, knowing that even if people see the ads and purchase your product, you'll still lose money because the ads cost so much.
So privatize the schools then. NJ already spends the same $15,000 - $30,000+ per pupil pear year on public schools, so it's not the price, it's the monopoly that's destroying the quality.
Exactly my point. At least you can use paper dollars to burn for warmth or to wipe your ass, so they have some value. There is absolutely nothing you can do with bitcoins, until they let you exchange them for cpu cycles or something. Either way, gold seems to have a lot more intrinsic value, and it can't be hacked.
So instead of waiting until it makes sense economically, let's steal money from people using gasoline and give it to other forms of transportation?
Why not wait until those other forms don't need subsidies, we can just leave all that wasted money in the people hands. If the middle class gets eroded, all those publicly funded projects will go bankrupt anyway.
What hypervisor or VM gives 3d hardware support for directx 10 games? None? So basically I get none of the Windows functionality I need, but instead all the headaches that linux gives; for me it's bad sound quality and no raid support, just fakeraid, which is fake.
Just how the anti money laundering act section of the patriot act chased billions out of the country, so will any of these other measures. Tax havens exist and will never be removed unless a global police state is enforced.
Nigerian scams exist because banks give out money before the check clears, very easy to change that law/regulation/business practice.
Credit card scams hurt credit card companies, they have plenty of resources to not allow these scams to take place. If I try to purchase items overseas I get a call from my credit card company checking to see if it was legitimate first. Obviously this extra cost isn't worth the very small amount stolen in scams, or other credit card companies would follow suit.
You can pore through company statements, do your due diligence, read the Wall Street Journal, it doesn't matter. What you and the peons think a company's valuation and quality of its leadership is irrelevant. It'll get wiped down to peanuts by the single flick of an unreported derivatives trade.
That only happens with stocks that pay no dividends and are trading at P/E values in the 100s, like this LINKDIN IPO, it's trading around a P/E of 700!!! The stock price has nothing to do with underlying value.
Find a P/E of 10 and it's a stock with value, that won't get wiped. Find a 5% dividend yielding stock, that won't go down much. If it drops by half, the dividend is now 10%, and people will buy it back.
The NYSE is the biggest stock exchange in the world, with a market cap roughly the GDP of the US. The derivative market states the 'notional value' that's in the 100s of trillions, the actual contracts aren't worth nearly that much.
It'll get wiped down to peanuts by the single flick of an unreported derivatives trade.
Naked short selling isn't a huge problem, and short selling isn't either. The stock will eventually find the right price, consider any dips from short selling a buying opportunity.
Yes, GoldMan should have gone bankrupt, along with AIG and every other major bank. That was really the only way for the market to self correct, but instead we chose regulation and bailouts. Let interest rates go up, and FDIC insurance go away, and the derivatives market will collapse. As soon as people's bank accounts are connected to risk once again (by removing FDIC), then banks will compete on low risk; right now they compete on yield, and therefore are compelled to take high risks.
What about the 50/60hz radiation from the grid, better switch to a DC only setup for the entire school system. What about nearby radio stations transmitting with 100 kW, better put the schools in Faraday cages, or make the students wear tinfoil caps.
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The clever people would much rather stay in the US, but we kick them out every year due to VISA restrictions.
We have what, $100,000 of debt per working adult? at less than 1% interest. Let's start with $2,000 a year payment, that'll do it in less than 100 years at 1%. Or we could just not pay anyone back, that works too, just default on it all. Or add 2% inflation, keep interest at 1%, and our debt decreases every year with no payment. So worst case scenario is a 2% tax hike, I could live with that.
Smart money in china? So there's new software from China? New hardware? New cars? New seeds? New materials? New tech breakthroughs? Gimme a break, they need more than a decade to catch up. Once they are caught up, they have their whole 30% more guys than girls debacle... let's hope humans turn gay in those environments (unlikely, we aren't fish) or it's going to be a mess.
Considering we aren't burning the gold up, the "peak Gold" scenario plays out much further into the future. Nixon, a Republican, was the one that took us off the gold standard, so don't tell me it's "right-wingers" that want gold backed currency.
I would be happy to take those considerations into account and design a fiat currency around a flat rate of increase in the money supply. The Euro at least requires multiples countries consent to print more Euros. Instead we have the dollar, where the increase in the money supply is whatever we want, no strings attached.
Even though we fuck the world over with inflation of the reserve currency, making trillions through seigniorage, it's really not the problem. The problem is the trillions upon trillions given away to students and home buyers in guaranteed debt, trillions that would have otherwise gone to businesses to employ our unemployed. This would then reduce federal expenditures, allowing more money to go to college grants. Unfortunately we have everything backwards, and the only people that want to cut spending are somewhat insane, see creationism, etc...
No it wasn't intended at all to be used as a digital currency(past practical use) but it's most commonly used characteristic is now in the digital domain(current practical use).
To me, for "all intents and purposes" signifies actual design and purpose from day one, just in plain speak. Someone doesn't understand you, so you say "for all intents and purposes" it does blah.
"intensive purposes" signifies acceptance of current practice regardless of past intents. In fact, it implies that previously, "for all intents and purposes" meant something else.
With technological advances I would hope Chinese workers see some of the benefits from high tech production facilities combined with new infrastructure.
The US has a minimum wage well over $5/hr and for long hours manual labor it's about $10/hr for minimal skill work. In China it's now approaching what? $1/hr? Wow, a whole 14% increase in that per year? So in 15-20yrs their wages will compete with ours. I'm sure the petroleum costs just to ship products here has been a bigger burden to manufacturing companies.
People say they are taking over, yet I still haven't seen anything new from China, it's all designed in the US and Europe. Until we start importing high speed trains, I see China just as a jewel of cheap labor. Let's hope at some point they are developing high tech products for us and cheap manufacturing leaves, but I think it's going to be another 20 years before that happens.
For all intensive purposes the dollar is already a digital currency. There always needs to be some way for non digital transactions (cash), but the majority of all transactions are digital. With the dollar, there is nothing backing it, and since the supply grows exponentially, along with goods and services, prices stay flat.
Bitcoin is designed to grow at a less than linear rate with a maximum number of bitcoins ever created. Using this as currency would never work as the deflation rate would continue to grow. Gold's supply grows exponentially, yet with modern technology, there is still deflation measured in gold.
It was doomed to fail from the get to, basically it's at worthless as paper dollars, yet the supply is inelastic, which would only be good if it has exponential growth.
While I agree it's a military act, obviously, it's not anything like what the founding fathers meant when they wrote "war".
They thought of war between us and another industrialized nation. If we went to "war" in the way they meant it, we would just carpet bomb the country, kill half the people, and have an amazing victory.
They never assumed we would have high tech drones half way across the world, trying to defend a 3rd world nation's populace that has a leader with high tech weapons.
It's clearly something that should have amendments written specifically for our role as the World Police.
Bitcoin is also has a finite limit of bitcoins ever produced, and grows at a rate than is less than linear.
Real currency and gold reserves are growing exponentially, along with the supply of goods and services, which keeps prices flat.
People tend to overlook this major flaw which makes the currency unpractical to ever use as deflation would be extremely high and hoarding would be a huge problem. Inflation discourages hoarding, which is a reason to use fiat currency.
Mass above a gyro = super stable, just like the hiller flying platform.
These are ducted fans, not rotors.
Except this is the exact reason it's stable, and the exact reason helicopters are unstable, because the mass sits below the gyros. See Hiller flying platform, just leaning made it move. The next model the military made had larger fan blades and was too stable, even if the pilot leaned as much as he good he couldn't get it to tilt and therefore move.
And that's accelerating vertically, when you think about putting some thrust horizontally it's even better. 1 g horizontally and 1 g vertically requires 1.414 g's of thrust at 45 degrees. So that means I can pull 1 g corners or accelerate at 1g, which is 0-60 in less than 3 seconds! If these specs are real, this thing could be an insane ride.
It's supported.
To build on this thought, it's 110kg dry, 20 liters of fuel ~20kg, and me, ~70kg, which is a nice round 200kg. This thing has 295kg of thrust, that's half a g acceleration after overcoming gravity. That's insane!.., that's 0-60 in 5.5 seconds! That's 0-1000ft in 11 seconds. At 10,000 ft there is only 70% air pressure, and 70% of 295 is close to 200 kg, making it the estimated ceiling.
I don't understand the problem, it seemed like a huge success, lots of people purchased her groupon and came. If you offer a coupon that results in you making a loss, that's insane. That's like taking out ads, knowing that even if people see the ads and purchase your product, you'll still lose money because the ads cost so much.
So privatize the schools then. NJ already spends the same $15,000 - $30,000+ per pupil pear year on public schools, so it's not the price, it's the monopoly that's destroying the quality.
Exactly my point. At least you can use paper dollars to burn for warmth or to wipe your ass, so they have some value. There is absolutely nothing you can do with bitcoins, until they let you exchange them for cpu cycles or something. Either way, gold seems to have a lot more intrinsic value, and it can't be hacked.
Bitcoins are more worthless than paper.
Exactly, Chrome has more space displaying web pages, and only one textbox to use to search. Simplicity wins, so Mozilla needs to address that issue.
But that doesn't mean Mozilla can't just have an checkbox for 'advanced user' where it would just leave the old layout, status bar, address bar, etc.
So instead of waiting until it makes sense economically, let's steal money from people using gasoline and give it to other forms of transportation? Why not wait until those other forms don't need subsidies, we can just leave all that wasted money in the people hands. If the middle class gets eroded, all those publicly funded projects will go bankrupt anyway.
Those are all donations, nobody is getting truly free internet.
What about all the kinect games, those are all exclusive to xbox, and are awesome to play/exercise with.
What hypervisor or VM gives 3d hardware support for directx 10 games? None? So basically I get none of the Windows functionality I need, but instead all the headaches that linux gives; for me it's bad sound quality and no raid support, just fakeraid, which is fake.
So then you can't play games, sort of defeats the purpose doesn't it. And it's the way bit-torrent works that gets you in trouble, not your OS.
Just how the anti money laundering act section of the patriot act chased billions out of the country, so will any of these other measures. Tax havens exist and will never be removed unless a global police state is enforced.
Nigerian scams exist because banks give out money before the check clears, very easy to change that law/regulation/business practice.
Credit card scams hurt credit card companies, they have plenty of resources to not allow these scams to take place. If I try to purchase items overseas I get a call from my credit card company checking to see if it was legitimate first. Obviously this extra cost isn't worth the very small amount stolen in scams, or other credit card companies would follow suit.
You can pore through company statements, do your due diligence, read the Wall Street Journal, it doesn't matter. What you and the peons think a company's valuation and quality of its leadership is irrelevant. It'll get wiped down to peanuts by the single flick of an unreported derivatives trade.
That only happens with stocks that pay no dividends and are trading at P/E values in the 100s, like this LINKDIN IPO, it's trading around a P/E of 700!!! The stock price has nothing to do with underlying value.
Find a P/E of 10 and it's a stock with value, that won't get wiped. Find a 5% dividend yielding stock, that won't go down much. If it drops by half, the dividend is now 10%, and people will buy it back.
The NYSE is the biggest stock exchange in the world, with a market cap roughly the GDP of the US. The derivative market states the 'notional value' that's in the 100s of trillions, the actual contracts aren't worth nearly that much.
It'll get wiped down to peanuts by the single flick of an unreported derivatives trade.
Naked short selling isn't a huge problem, and short selling isn't either. The stock will eventually find the right price, consider any dips from short selling a buying opportunity.
Yes, GoldMan should have gone bankrupt, along with AIG and every other major bank. That was really the only way for the market to self correct, but instead we chose regulation and bailouts. Let interest rates go up, and FDIC insurance go away, and the derivatives market will collapse. As soon as people's bank accounts are connected to risk once again (by removing FDIC), then banks will compete on low risk; right now they compete on yield, and therefore are compelled to take high risks.
What about the 50/60hz radiation from the grid, better switch to a DC only setup for the entire school system. What about nearby radio stations transmitting with 100 kW, better put the schools in Faraday cages, or make the students wear tinfoil caps.