Easy access to credit plays a big part of the equation. Newly borrowed money creates demand, income, jobs and economic growth. Of course exponential growth cannot be sustained. Eventually paying back or defaulting on that credit will destroy demand, income, jobs and economic growth.
Most of the companies that built rail, went bankrupt. After they were built, nobody was willing to pay the rent they needed to break even. Sometimes construction should be paid for from general tax revenue, because nobody can make money from it.
Using https everywhere does have some downsides, things like Javascript that contains executable code is either cachable or secure from MITM tampering. Why don't we have a way to sign content without encrypting it?
Unintended consequences. We want people to be able to afford houses, so we give them a grant so they can pay a deposit. What happens? Everyone goes to the bank with their $7K, the bank manager gives them 95% LVR and allows them to borrow $140k more. Then they go and find the house they want, and offer what the bank manager said they could. End result? House prices go up and housing ends up *less* affordable.
A couple of little easter eggs in bespoke software;
Hold a couple of modifier keys and click on the icon in the about dialog, "The developers [names] would like to present you with a complimentary cup holder" followed by opening the CD ROM tray. Every new developer checked in a change with their own name once they'd passed their probationary period.
Leave the about dialog open for 5 minutes, the dialog goes black and the developers names start floating around like the game asteroids. Click on a letter and it will disappear, splitting the name in half. With both parts moving slightly faster. Probably should have made it slightly hard to start though. The customer had a ball, but the manager was not happy.
Yeah, yeah. The sky is falling.... Except that it isn't. With signed bootloaders like shim, you can install or run any operating system yourself without changing the BIOS to disable Secure Boot at all.
Not being able to run a 3rd party OS was a concern with Windows 8. But the open source community have solved that problem. So being able to disable Secure Boot is no longer required.
That's exactly my point. You could have voted 1,2,3,4,4 previously. Since you didn't indicate a preference between the last 2 candidates, it would stop counting at that point and leave everyone else's vote to decide which of the remaining two gets in. While leaving the opportunity for your vote to count against one of the first three candidates. But now you can't do that.
I don't want my forth choice getting in. At some point I might want to waste my vote instead of having it count towards the lesser of two evils. But the system in Australia doesn't allow for that (anymore).
Here in Australia they keep complaining about wasted votes, without giving the population a way to explain why they don't want to vote. People should either fill out a ballot, or a short form to indicate why they don't want their vote to count.
Only allow one sided transactions that create new tokens to be signed by the reserve bank's key. Partition transactions into separate chains based on transaction hash. Validate the "official" blockchain in large data centers. Offer API access to submit or verify transactions without fetching the entire chain.
It really shouldn't be difficult to design the basic software changes to the bitcoin client. Scaling across a data center might be a bit more work though.
When Microsoft added their "you downloaded this" attribute that warns before executing the file, they implemented it badly. They should have copied the unix default that files are not executable until they are marked that way. I mean they could have used their existing "executable permission" on the entire drive, then prompt the user to change the permissions on each file individually. Including a UAC prompt if they need to enter some admin credentials to make it work.
Oh, well. It's exactly what I expect from Microsoft anyway.
To access the files, many of which are password protected, the cops developed password-cracking software in-house that is slowly sifting through the mountain of information.
So the real take away is that they have no idea how much of this 1.2 PB is actually child porn. What they have is a file sharing / web hosting service with 1.2 PB of data, provided by users, some of which they know is child porn.
Sounds like an interesting idea to increase capacity, but the downsides are huge. This really needs filesystem level optimisations to get any performance out of it. For rarely modified bulk storage, this should be fine.
The memory of the device contains all of those precious keys they are worried about getting into the hands of evil hackers. While I'm fairly certain blu-ray has been broken for a long time, mostly by grabbing the keys from software players. This adds another avenue to discover valid keys from any player.
MMT? They have some ideas I would agree with, but they don't recognise the current importance of the banking sector IMHO. Though government spending is important, it's the banking sector that has created most of our spending power by issuing loans. I'd like to see that balance shift back towards fiat currency in the future, but we need a working model of the actual economy. A model, consistent with the practice of double entry book-keeping, that is capable of predicting our most recent crisis and warning about the next one.
Krugman thinks that banks are mere intermediaries between patient people and impatient people. Have you ever seen your bank balance drop when the bank creates a loan?
A dumb watch has a hardware logic circuit to drive a segmented display. A smart watch has a general purpose CPU that has to render the time using a supplied font to the pixels of the display. This might be just a blit from a pre-rendered buffer, so long as the fonts align to the pixel grid. But even with a "paper" screen, the CPU is *always* going to be an order of magnitude more power hungry than a hardware implementation.
This seems to indicate there is extra, non-luminous mass out there
And that's the statement that I question. Sure there's an extra force, but is it due to more mass or just more gravity than we expect? Can a super-massive black hole contribute more gravitational force at greater distances than other forms of matter?
I don't have the data at my fingertips, and I suspect I'd get the maths wrong. But is this new finding inconsistent with my above poorly defined idea?
Or this research should point us in the other direction. Perhaps it's the size of these black holes that is the source of the extra gravity that we currently attribute to the existence of dark matter...
I've always figured there is a term missing from our formula for gravity that is only significant at large scales. Perhaps with larger black holes, this theoretical missing term is similarly larger.
Cash is a real thing, bank deposits are just numbers on a ledger. There are some limits to the amount of money banks can create, but there is no mystical stock of money that they lend from. The stock of money has very little to do with how often that money flows around the economy each year. Don't mistake the level of debt and money, with the flow of that money as we measure it in GDP.
If you really want to understand how money is created I suggest you read this report from the Bank of England. Though there's probably a lot in there I'd disagree with.
Read the last 3, but if you don't want to read the ones in the middle, read Leigh Butler's re-read. Though it may contain some spoilers for things you haven't gotten up to yet.
Slashdot Mirror
Easy access to credit plays a big part of the equation. Newly borrowed money creates demand, income, jobs and economic growth. Of course exponential growth cannot be sustained. Eventually paying back or defaulting on that credit will destroy demand, income, jobs and economic growth.
Most of the companies that built rail, went bankrupt. After they were built, nobody was willing to pay the rent they needed to break even. Sometimes construction should be paid for from general tax revenue, because nobody can make money from it.
Using https everywhere does have some downsides, things like Javascript that contains executable code is either cachable or secure from MITM tampering. Why don't we have a way to sign content without encrypting it?
Unintended consequences. We want people to be able to afford houses, so we give them a grant so they can pay a deposit. What happens? Everyone goes to the bank with their $7K, the bank manager gives them 95% LVR and allows them to borrow $140k more. Then they go and find the house they want, and offer what the bank manager said they could. End result? House prices go up and housing ends up *less* affordable.
A couple of little easter eggs in bespoke software;
Hold a couple of modifier keys and click on the icon in the about dialog, "The developers [names] would like to present you with a complimentary cup holder" followed by opening the CD ROM tray. Every new developer checked in a change with their own name once they'd passed their probationary period.
Leave the about dialog open for 5 minutes, the dialog goes black and the developers names start floating around like the game asteroids. Click on a letter and it will disappear, splitting the name in half. With both parts moving slightly faster. Probably should have made it slightly hard to start though. The customer had a ball, but the manager was not happy.
I believe they mean that they have identified people who are living without those genes.
CSIRO patented a few things related to Wi-Fi in the 90's. They like to claim that Wi-Fi wouldn't have existed without them.
Yeah, yeah. The sky is falling.... Except that it isn't. With signed bootloaders like shim, you can install or run any operating system yourself without changing the BIOS to disable Secure Boot at all.
Not being able to run a 3rd party OS was a concern with Windows 8. But the open source community have solved that problem. So being able to disable Secure Boot is no longer required.
That's exactly my point. You could have voted 1,2,3,4,4 previously. Since you didn't indicate a preference between the last 2 candidates, it would stop counting at that point and leave everyone else's vote to decide which of the remaining two gets in. While leaving the opportunity for your vote to count against one of the first three candidates. But now you can't do that.
... if a whole bunch of people internally at Valve said they wanted to do it ...
He's being quite literal there. Valve doesn't force people to work on particular projects. If nobody wants to do it, it wont get done.
I don't want my forth choice getting in. At some point I might want to waste my vote instead of having it count towards the lesser of two evils. But the system in Australia doesn't allow for that (anymore).
Here in Australia they keep complaining about wasted votes, without giving the population a way to explain why they don't want to vote. People should either fill out a ballot, or a short form to indicate why they don't want their vote to count.
Only allow one sided transactions that create new tokens to be signed by the reserve bank's key. Partition transactions into separate chains based on transaction hash. Validate the "official" blockchain in large data centers. Offer API access to submit or verify transactions without fetching the entire chain.
It really shouldn't be difficult to design the basic software changes to the bitcoin client. Scaling across a data center might be a bit more work though.
Those results are DMCA'd fairly frequently, though the DMCA details are helpfully listed with the links that were blocked...
When Microsoft added their "you downloaded this" attribute that warns before executing the file, they implemented it badly. They should have copied the unix default that files are not executable until they are marked that way. I mean they could have used their existing "executable permission" on the entire drive, then prompt the user to change the permissions on each file individually. Including a UAC prompt if they need to enter some admin credentials to make it work.
Oh, well. It's exactly what I expect from Microsoft anyway.
To access the files, many of which are password protected, the cops developed password-cracking software in-house that is slowly sifting through the mountain of information.
So the real take away is that they have no idea how much of this 1.2 PB is actually child porn. What they have is a file sharing / web hosting service with 1.2 PB of data, provided by users, some of which they know is child porn.
Sounds like an interesting idea to increase capacity, but the downsides are huge. This really needs filesystem level optimisations to get any performance out of it. For rarely modified bulk storage, this should be fine.
The memory of the device contains all of those precious keys they are worried about getting into the hands of evil hackers. While I'm fairly certain blu-ray has been broken for a long time, mostly by grabbing the keys from software players. This adds another avenue to discover valid keys from any player.
MMT? They have some ideas I would agree with, but they don't recognise the current importance of the banking sector IMHO. Though government spending is important, it's the banking sector that has created most of our spending power by issuing loans. I'd like to see that balance shift back towards fiat currency in the future, but we need a working model of the actual economy. A model, consistent with the practice of double entry book-keeping, that is capable of predicting our most recent crisis and warning about the next one.
Krugman thinks that banks are mere intermediaries between patient people and impatient people. Have you ever seen your bank balance drop when the bank creates a loan?
A dumb watch has a hardware logic circuit to drive a segmented display. A smart watch has a general purpose CPU that has to render the time using a supplied font to the pixels of the display. This might be just a blit from a pre-rendered buffer, so long as the fonts align to the pixel grid. But even with a "paper" screen, the CPU is *always* going to be an order of magnitude more power hungry than a hardware implementation.
This seems to indicate there is extra, non-luminous mass out there
And that's the statement that I question. Sure there's an extra force, but is it due to more mass or just more gravity than we expect? Can a super-massive black hole contribute more gravitational force at greater distances than other forms of matter?
I don't have the data at my fingertips, and I suspect I'd get the maths wrong. But is this new finding inconsistent with my above poorly defined idea?
Or this research should point us in the other direction. Perhaps it's the size of these black holes that is the source of the extra gravity that we currently attribute to the existence of dark matter...
I've always figured there is a term missing from our formula for gravity that is only significant at large scales. Perhaps with larger black holes, this theoretical missing term is similarly larger.
Cash is a real thing, bank deposits are just numbers on a ledger. There are some limits to the amount of money banks can create, but there is no mystical stock of money that they lend from. The stock of money has very little to do with how often that money flows around the economy each year. Don't mistake the level of debt and money, with the flow of that money as we measure it in GDP.
If you really want to understand how money is created I suggest you read this report from the Bank of England. Though there's probably a lot in there I'd disagree with.
Read the last 3, but if you don't want to read the ones in the middle, read Leigh Butler's re-read. Though it may contain some spoilers for things you haven't gotten up to yet.