Is it just me or is the FA completely devoid of useful information about exactly what and how the "SourceLabs Continuous Support System, technology " works? A non article. I have no idea how it differs from say Zabbix or Nagios.
You're confusing the effect with the cause. The inflation figure you're talking about is the result of already inflated money in the economy. The cost of the standard goods isn't increasing, the value of the money is decreasing.
Money is a commodity just like gasoline, if you buy gasoline with money, the value of the money you have left increases, you have less of it. The less money you have the more careful you are with the remainder, the greater your demand for money. If your money is decreasing in value it's because someone, somewhere is producing more of it in vast quantities.
Ok, if demand for a commodity increases, it's price increases and more money is spent on that commodity reducing the supply of money in the economy for other commodities, the value of the money increases proportionately with every purchase. Whether costs in the production of a product go up or down is irrelevant, what matters is the demand for the product, if the costs increase the price beyond the demand, it won't sell, the value of the money is higher than the value of the product. The only way for the cost of everything in the economy to increase is if the money is worth less. i.e. there's more of it around because it's being printed/borrowed from thin air.
The inflation I mentioned is already in the system, it just has to work it's way through the economy to you.
By printing money, I wasn't being literal, increasing the supply. Watching the gold price over the last few years it's higher than it has been in 20 years, the last time it got anything like this high was 1980, so the dollar is worth less now than it has in 20 years. Guess what the interest rates were set to in order to get inflation under control in 1980.
There's a storm coming. High and increasing inflation and a correspondingly large correction.
As you can see by their actions, rather than their words... Notably at Stanford University, Washington University, Munich University, Scripps Research Institute, Oxford University etc.
Inflation can only go through the roof if the government print lots of extra money. Money's a commodity like anything else, supply and demand.
Do you think inflation is something magic which only applies to money? Did you think money just magically decreases in value? It decreases in value because either nobody wants it (they don't believe it's worth anything) or because there's lots more of it around. e.g. The government prints a load of money to... say... finance a war, instead of raising taxes.
Funnily enough, the dollar has been falling in value rapidly against gold, it's nearly $600 per ounce now. In 2000 it was about $270 per ounce. Hmmm I wonder what is magically causing the dollar to decrease in value over the last few years.
If you live in the US, you have a boatload of inflation coming your way in the next few years.
You make carbon based energy expensive. It's that simple.
While that isn't happening you know your government aren't taking global warming seriously and if they aren't, you should probably ask yourself why you should take it seriously.
How's about designing roads and sidewalks with utilities in mind in the first place. Bolt down slabs which can be lifted to lay cables and pipes underneath instead of digging up roads continuously bringing traffic to a halt.
What an odd concept, allowing the patent office to grant patents on what is patently (har har, did you see what I did?) science fiction...
Proof of concept. A working demonstration of the thing being patented should be required, otherwise we can all rip off ideas from 2000AD or whichever sci-fi source we like and have them granted by the patent office.
I have to say, the US is going down the toilet at the moment. Which is a bit of a shame, it used to be a great country.
Money, like everything else is a commodity, you trade for it in exactly the same way you do everything else.
The only real reason that the government mandates that it holds a monopoly on money is so that it can print more itself to pay for stuff it hasn't taxed you on already. It prints more money, buys goods and services with it, the overall supply of money increases and the value of an individual dollar decreases, your bank balance loses worth just by sitting there.
Privately issued money is perfectly possible and in fact there are several countries where it was the norm until fairly recently. In Scotland for example, several of the banks are still able to issue their own bank notes, none of which are "legal tender", (including the bank of england notes btw), yet people accept them and the economy continues quite happily.
look, competition is good. Who else is going to go up against ebay and paypal, and it isn't as if you can't use a different search engine/webmail/whatever. You never know, someone may come up with a search engine which classifies and ranks results for the individual by some other bayesian/statistical/AI algorithm which turns out to be way better than Google.
nope, not going to be a big problem. As the number of access points increases, so does the number of landline connections to the internet, even throttled there would be plenty of landline bandwidth.
Unless they also happen to automatically configure themselves in relation to nearby fon routers and perform mesh routing. If it does that then we could eventually have a completely wireless network, independant of the traditional telecommunication companies.
It isn't good enough on it's own merits... ok that's bollocks, but word of mouth is far more valuable and cheaper than taking out adverts in a newspaper. Hell it's something that all the ad agencies are trying to fake just now anyway.
If a business causes undue traffic on local roads, of course it should pay for the upkeep and upgrading of those roads. Do you think that everyone else should pay extra so that the business can have a highway to it's parking lot?
Look, the net neutrality stuff is irrelevant. If there's a worthwhile benefit provided by paying for bandwidth then they'll pay it, if they find they're paying for no benefit or if it's cheaper to run their own pipes that's exactly what they'll do.
You do have equal access to all the roads and internet you've paid for, why should you have access to roads you haven't paid for? You haven't btw, toll roads are paid for through the tolls, not taxes.
How would charging for access to highways be any different from paying to ride on the bus or train? that way only the people who use it have to pay for it. Those unwilling to pay for the use of the highway can use other roads leaving the toll roads free for those who are willing to pay to save a few minutes.
Sure it makes everyone feel good, but charities and good causes can quite accidentally destroy local markets putting local producers out of business and turning them into dependants. This devastates shaky economies and creates dependancy cultures.
A good use would be to create a global interest neutral micro loan bank which loans small amounts to individuals in 3rd world countries to pay for improvements. It could also lobby the world bank and developed world governments to get rid of agricultural subsidies, trade barriers etc. http://en.wikipedia.org/wiki/Micro_loans
On the other hand, education and health are always good ways to spend the money, though they'll skew the market for both.
Slashdot Mirror
Is it just me or is the FA completely devoid of useful information about exactly what and how the "SourceLabs Continuous Support System, technology " works? A non article. I have no idea how it differs from say Zabbix or Nagios.
You're confusing the effect with the cause. The inflation figure you're talking about is the result of already inflated money in the economy. The cost of the standard goods isn't increasing, the value of the money is decreasing.
Money is a commodity just like gasoline, if you buy gasoline with money, the value of the money you have left increases, you have less of it. The less money you have the more careful you are with the remainder, the greater your demand for money. If your money is decreasing in value it's because someone, somewhere is producing more of it in vast quantities.
Here's a slightly humourous explanation:
http://www.angryharry.com/esPrintingMoney.htm
And more detailed:
http://www.mises.org/money.asp
I pay 93p/l or $6.36 for a US gallon of petrol. How much do you pay?
BTW, a litre of "mineral water" can cost this easily as well so we're hardly talking expensive energy at the moment.
Ok, if demand for a commodity increases, it's price increases and more money is spent on that commodity reducing the supply of money in the economy for other commodities, the value of the money increases proportionately with every purchase. Whether costs in the production of a product go up or down is irrelevant, what matters is the demand for the product, if the costs increase the price beyond the demand, it won't sell, the value of the money is higher than the value of the product. The only way for the cost of everything in the economy to increase is if the money is worth less. i.e. there's more of it around because it's being printed/borrowed from thin air.
The inflation I mentioned is already in the system, it just has to work it's way through the economy to you.
http://www.brillig.com/debt_clock/
The piper will have to be paid.
By printing money, I wasn't being literal, increasing the supply. Watching the gold price over the last few years it's higher than it has been in 20 years, the last time it got anything like this high was 1980, so the dollar is worth less now than it has in 20 years. Guess what the interest rates were set to in order to get inflation under control in 1980.
There's a storm coming. High and increasing inflation and a correspondingly large correction.
As you can see by their actions, rather than their words... Notably at Stanford University, Washington University, Munich University, Scripps Research Institute, Oxford University etc.
p
http://folding.stanford.edu/about.html
http://boinc.bakerlab.org/rosetta/rah_about.php
http://boinc.bio.wzw.tum.de/boincsimap/project.ph
http://predictor.scripps.edu/about_team.php
http://www.grid.org/projects/cancer/index.htm
So... Who are you again? Yeah, you're a guy reading Slashdot... Getting much research done?
Inflation can only go through the roof if the government print lots of extra money. Money's a commodity like anything else, supply and demand.
Do you think inflation is something magic which only applies to money? Did you think money just magically decreases in value? It decreases in value because either nobody wants it (they don't believe it's worth anything) or because there's lots more of it around. e.g. The government prints a load of money to... say... finance a war, instead of raising taxes.
Funnily enough, the dollar has been falling in value rapidly against gold, it's nearly $600 per ounce now. In 2000 it was about $270 per ounce. Hmmm I wonder what is magically causing the dollar to decrease in value over the last few years.
If you live in the US, you have a boatload of inflation coming your way in the next few years.
You make carbon based energy expensive. It's that simple.
While that isn't happening you know your government aren't taking global warming seriously and if they aren't, you should probably ask yourself why you should take it seriously.
http://www.grid.org/
No unix/linux clients, but then I don't really want my linux boxes running at 100% anyway.
That means you (the people) deserve everything they give to you...
Since they've already paid for it through the tax. Obviously.
How's about designing roads and sidewalks with utilities in mind in the first place. Bolt down slabs which can be lifted to lay cables and pipes underneath instead of digging up roads continuously bringing traffic to a halt.
What an odd concept, allowing the patent office to grant patents on what is patently (har har, did you see what I did?) science fiction...
Proof of concept. A working demonstration of the thing being patented should be required, otherwise we can all rip off ideas from 2000AD or whichever sci-fi source we like and have them granted by the patent office.
I have to say, the US is going down the toilet at the moment. Which is a bit of a shame, it used to be a great country.
Gold, it's the obvious choice.
http://www.mises.org/money.asp
Money, like everything else is a commodity, you trade for it in exactly the same way you do everything else.
The only real reason that the government mandates that it holds a monopoly on money is so that it can print more itself to pay for stuff it hasn't taxed you on already. It prints more money, buys goods and services with it, the overall supply of money increases and the value of an individual dollar decreases, your bank balance loses worth just by sitting there.
Privately issued money is perfectly possible and in fact there are several countries where it was the norm until fairly recently. In Scotland for example, several of the banks are still able to issue their own bank notes, none of which are "legal tender", (including the bank of england notes btw), yet people accept them and the economy continues quite happily.
Of course this is actually illegal in the US.
It just updates the strength of a few neural network connections. Just you wait. It knows what you're up to.
look, competition is good. Who else is going to go up against ebay and paypal, and it isn't as if you can't use a different search engine/webmail/whatever. You never know, someone may come up with a search engine which classifies and ranks results for the individual by some other bayesian/statistical/AI algorithm which turns out to be way better than Google.
nope, not going to be a big problem. As the number of access points increases, so does the number of landline connections to the internet, even throttled there would be plenty of landline bandwidth.
Unless they also happen to automatically configure themselves in relation to nearby fon routers and perform mesh routing. If it does that then we could eventually have a completely wireless network, independant of the traditional telecommunication companies.
It isn't good enough on it's own merits... ok that's bollocks, but word of mouth is far more valuable and cheaper than taking out adverts in a newspaper. Hell it's something that all the ad agencies are trying to fake just now anyway.
Actually make it sound very easy. Pay a small toll and save gas and time or don't and waste money and time. Very simple.
If a business causes undue traffic on local roads, of course it should pay for the upkeep and upgrading of those roads. Do you think that everyone else should pay extra so that the business can have a highway to it's parking lot?
Look, the net neutrality stuff is irrelevant. If there's a worthwhile benefit provided by paying for bandwidth then they'll pay it, if they find they're paying for no benefit or if it's cheaper to run their own pipes that's exactly what they'll do.
You do have equal access to all the roads and internet you've paid for, why should you have access to roads you haven't paid for? You haven't btw, toll roads are paid for through the tolls, not taxes.
How would charging for access to highways be any different from paying to ride on the bus or train? that way only the people who use it have to pay for it. Those unwilling to pay for the use of the highway can use other roads leaving the toll roads free for those who are willing to pay to save a few minutes.
Finally...
The only part of the government that should be in the business of building and flying space vehicles is the military.
Sure it makes everyone feel good, but charities and good causes can quite accidentally destroy local markets putting local producers out of business and turning them into dependants. This devastates shaky economies and creates dependancy cultures.
A good use would be to create a global interest neutral micro loan bank which loans small amounts to individuals in 3rd world countries to pay for improvements. It could also lobby the world bank and developed world governments to get rid of agricultural subsidies, trade barriers etc.
http://en.wikipedia.org/wiki/Micro_loans
On the other hand, education and health are always good ways to spend the money, though they'll skew the market for both.