The Fed is basically printing money. That is a fact. At some stage this has turn from being a good thing to being a bad thing.
One of the problems with economics is that everyone thinks their pet theory works for every situation. There is a limit to what printing money can achieve when everyone is too highly indebted. Someone has to borrow the money for it to get into circulation. If we are all so heavily in debt already, who is going to borrow it? Even if interest rates are low, you still have to make repayments.
One of the previous posters mentioned that he couldn't find anywhere to put his money. That is a symptom of monetary inflation. The original article was about companies not spending money. In both cases, they can't find anywhere where they can get a return on investment. That says something about the state of economy.
I think davinc (the "survivalist" poster) and Krugman are both oversimplifying. There will be a correction. But it will be unpredictable and different.
My bets: (1) All this money printing will cause a real dollar crisis (I'm not sure what Krugman says will happen if you inflate the money forever...). This will lead to high interest rates, property price collapse etc.
(2) The derivative markets today are the equivalent of the highly leveraged stock market of 1929. There will be a disaster. Probably around the same time as the dollar collapse.
"History Doesn't Repeat Itself, At Best It Rhymes" -- Mark Twain
The search engines need to keep up with the game, which they aren't doing very well right now. There could be options like "exclude amazon datafeed" etc. Oops, maybe I should have patented that.
Reminds of an incident in the book "Burn Rate" by Michael Wolff. He really did sell some billionaires a copy of the internet (It was around 1996 before people wised up).
$200k is a fuckload of money. There aren't many jobs out there which pay that much. So he's unlikely to find one. The guy has to "think outside the box" to overcome the overqualified prejudice and also to make himself attactive to employers.
"who were not Iraqi, but thrive in the environment of despotic regimes like the one that Iraq used to be" just doesn't cut it my friend. Evidence is required. This is like like one of your good ole fashioned lynchings. Any Arab country will do, just show those Arabs who's boss.And it's typical of all you people to confuse Al Quaeda and Iraq. They are not related.
Of course you are right about the UN. And no one is shedding any tears for Saddam. But I reckon the real reason the Bushmen went into Iraq was to show the world who's boss. "Anyone who fucks with us gets it". Also the middle east is strategically important. Al Quaeda was a convenient excuse, Iraq was never a threat to the USA.
The USA is not more secure after the Iraq war, but it is more powerful. Maybe that's not a bad thing, but telling lies about Al Quaeda and Iraq undermines the credibility of the Bush regime (at least outside the USA, where people are better informed).
Yep and and what about the Illinois Air National Guard good 'ole boys who killed the Canadians in Afghanistan. Some very damning taped conversations between the pilots and controllers. The pilots were told to hold fire quite a few times while the controllers checked who was on the ground, but ignored it and went in. Americans troops do seem pretty undisciplined.
The US saved the europe and the world during WW2. But the evidence so far is that Bush/Cheney/Rummey etc aren't Roosevelt/Truman/Marshall. Maybe they will turn out to be great world leaders. The talked the talk before the Iraqi war (bringing democracy to the middle east blah, blah), but somehow it doesn't ring true. We shall see.
One interesting exercise is to ask "what if everybody did/thought that". If everybody was a suicide bomber, then humanity wouldn't last very long. If everybody was nice to everybody else, then the world would be a better place etc etc. This is an abstract thought exercise, but actually allows you rationally to arrive at an absoulute truth.
No one can claim that a program written in Java is as fast as a program written in vanilla c. For that matter, when real execution speed is required, people still optimise in assembler (or even design custom hardware).
Java is not designed for execution speed. No point in pretending it is. Different lanuguages are useful in different situations. They are tools. There is no point in claiming your screwdriver is better than my hammer.
Java is slower than c.
So yaaahhh
The corporate managers, VC's, bankers, fundmanagers and stockbrokers are part of a tacit conspiracy to rip off small investors and pension fund savers. The tech companies are just pawns in their game. the dot com boom was the most obvious example. The dot commers probably acted in good faith, but we know that the bankers (Goldman Sachs etc) knew thay were hyping hot air.
Once immoral behaviour (stealing copyrighted material) is condoned and encouraged, people shouldn't be surprised when someone takes it one step further.
Anyone who has stolen copyright (I'm sure a lot of you slashdotters) is being hypocritical when they criticise kazaa.
Of course the RIAA is in the same business as kazaa anyway (ripping off artists). Maybe all the kazaa users should join the RIAA.
There are genuine internet music companies who are trying to reinvent things (eg peoplesound.com). Of course they sign up unknown bands, not the (yawn yawn) Metallicas and REMs that the unimaginative love to download.
Slashdot Mirror
What about the fact that all microsoft operating systems slow down over time.
"I've always found paranoia to be a perfectly defensible position"
The Fed is basically printing money. That is a fact. At some stage this has turn from being a good thing to being a bad thing.
One of the problems with economics is that everyone thinks their pet theory works for every situation. There is a limit to what printing money can achieve when everyone is too highly indebted. Someone has to borrow the money for it to get into circulation. If we are all so heavily in debt already, who is going to borrow it? Even if interest rates are low, you still have to make repayments.
One of the previous posters mentioned that he couldn't find anywhere to put his money. That is a symptom of monetary inflation. The original article was about companies not spending money. In both cases, they can't find anywhere where they can get a return on investment. That says something about the state of economy.
I think davinc (the "survivalist" poster) and Krugman are both oversimplifying. There will be a correction. But it will be unpredictable and different.
My bets: (1) All this money printing will cause a real dollar crisis (I'm not sure what Krugman says will happen if you inflate the money forever...). This will lead to high interest rates, property price collapse etc.
(2) The derivative markets today are the equivalent of the highly leveraged stock market of 1929. There will be a disaster. Probably around the same time as the dollar collapse.
"History Doesn't Repeat Itself, At Best It Rhymes" -- Mark Twain
For example, Netflix could use Amazons film reviews and info. I often surf Amazon to find a film and then switch over to Netflix to rent it.
The search engines need to keep up with the game, which they aren't doing very well right now. There could be options like "exclude amazon datafeed" etc.
Oops, maybe I should have patented that.
Reminds of an incident in the book "Burn Rate" by Michael Wolff. He really did sell some billionaires a copy of the internet (It was around 1996 before people wised up).
every developer worth his salt dates everything
Change "everything" to "anything that'll say yes".
This isn't interesting, it's funny.
Oh for the days of Newt Gingrich, when the republicans ha dsome integrity,
That was pretty reliable...
$200k is a fuckload of money. There aren't many jobs out there which pay that much. So he's unlikely to find one. The guy has to "think outside the box" to overcome the overqualified prejudice and also to make himself attactive to employers.
They have teams working in different languages (QBasic, Python, VC++ etc) and see who comes up with the best/quickest solution.
All the arguing about languages could be settled fairly easily.....
forth if i remember correctly
Surely nothing wrong with producers being paid for their work.
Of course the evil empire will try and take it too far, but are the linuxers, even embracing the concept?
"who were not Iraqi, but thrive in the environment of despotic regimes like the one that Iraq used to be" just doesn't cut it my friend. Evidence is required. This is like like one of your good ole fashioned lynchings. Any Arab country will do, just show those Arabs who's boss.And it's typical of all you people to confuse Al Quaeda and Iraq. They are not related.
Of course you are right about the UN. And no one is shedding any tears for Saddam. But I reckon the real reason the Bushmen went into Iraq was to show the world who's boss. "Anyone who fucks with us gets it". Also the middle east is strategically important. Al Quaeda was a convenient excuse, Iraq was never a threat to the USA.
The USA is not more secure after the Iraq war, but it is more powerful. Maybe that's not a bad thing, but telling lies about Al Quaeda and Iraq undermines the credibility of the Bush regime (at least outside the USA, where people are better informed).
Of course, then the USA was Clinton, now it's Bush lite. Big difference.
http://www.cbc.ca/news/indepth/cdn_casualties/frie ndlyfire_report020628.html
http://www.cbc.ca/news/indepth/cdn_casualties/pdf/ ff_transcript.pdf
http://www.cbc.ca/news/indepth/cdn_casualties/
The US saved the europe and the world during WW2. But the evidence so far is that Bush/Cheney/Rummey etc aren't Roosevelt/Truman/Marshall. Maybe they will turn out to be great world leaders. The talked the talk before the Iraqi war (bringing democracy to the middle east blah, blah), but somehow it doesn't ring true. We shall see.
One interesting exercise is to ask "what if everybody did/thought that". If everybody was a suicide bomber, then humanity wouldn't last very long. If everybody was nice to everybody else, then the world would be a better place etc etc. This is an abstract thought exercise, but actually allows you rationally to arrive at an absoulute truth.
Most of them probably lied. After all they are getting a free pen. The passwords weren't tested. This is survey was worthless.
Actually goldfish are part of the carp family if I'm not mistaken. http://www.fys.ku.dk/~esban/kees/Species/Goldfish/ goldfish.htm
Any invention featured on tomorrow's world is guaranteed to be a commercial failure.
No one can claim that a program written in Java is as fast as a program written in vanilla c. For that matter, when real execution speed is required, people still optimise in assembler (or even design custom hardware). Java is not designed for execution speed. No point in pretending it is. Different lanuguages are useful in different situations. They are tools. There is no point in claiming your screwdriver is better than my hammer. Java is slower than c. So yaaahhh
The corporate managers, VC's, bankers, fundmanagers and stockbrokers are part of a tacit conspiracy to rip off small investors and pension fund savers. The tech companies are just pawns in their game. the dot com boom was the most obvious example. The dot commers probably acted in good faith, but we know that the bankers (Goldman Sachs etc) knew thay were hyping hot air.
marketing a product that only appeals to people who don't want to pay for anything. I don't see how they ever expected to make money anyway.
Once immoral behaviour (stealing copyrighted material) is condoned and encouraged, people shouldn't be surprised when someone takes it one step further. Anyone who has stolen copyright (I'm sure a lot of you slashdotters) is being hypocritical when they criticise kazaa. Of course the RIAA is in the same business as kazaa anyway (ripping off artists). Maybe all the kazaa users should join the RIAA. There are genuine internet music companies who are trying to reinvent things (eg peoplesound.com). Of course they sign up unknown bands, not the (yawn yawn) Metallicas and REMs that the unimaginative love to download.