Want to do a $160B "economic stimulus" program? Just write some checks, no problem, but if you don't cut spending by $160B you've just devalued the money supply by $160B, thus inflation.
That's not exactly true. To cover the additional shortfall, the Treasury will issue $160B worth of bonds. The buyers of these bonds (mostly Asian countries) are sacrificing $160B worth of current consumption so that the recipients of the stimulus checks can consume today. In and of itself it's not quite inflationary, assuming that the cash to pay for the bonds was allocated in some other asset and not just sitting around underneath a mattress.
Now the flip side of that is that US taxpayers will eventually have to pay more in taxes to pay off the bonds. As a drastic alternative to raising taxes in the future, Congress can take back the power to issue money from the Federal Reserve and just inflate the debt away. Barring such an extreme circumstance, the Federal Reserve doesn't really have an incentive to create arbitrarily high inflation.
I'm betting that at your age your dad couldn't afford a flat-panel TV, portable digital music player, cell phone, high speed access to the internet, the type of computer you're using, etc
If you look at it more closely you can't opt out of the service generally. Every time a new site tries sending stuff to your news feed you have to go back to the Facebook privacy page and opt out of that particular site.
Aside from AdBlock, you can do the following to effectively de-activate this service:
1. Get Firefox
2. Download and Install the BlockSite plugin for Firefox.
3. After restarting Firefox select 'Add-ons' from the Tools menu.
4. Click the 'Options' button on the BlockSite extension
5. Click the 'Add' button
6. Enter http://facebook.com/beacon/* into the input box
7. Click 'OK'
8. Click 'OK' again and you are good to go.
I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain. - John Adams
Re:VB already gets the respect it deserves...
on
Lisp and Ruby
·
· Score: 1
I think the language is reasonably pedagogically sound and you'll be able to pick up many other languages fairly quickly once you know Java really well.
At your level, I wouldn't worry about languages too much. Being a CS major, the language you program in is fairly trivial. At Stanford, after a certain level, most courses didn't even cover how to program in a particular language; it's just assumed that you'll be able to pick it up as you go. I once took a computer security class where we were told to go design exploits for certain unix programs. As part of the assignment we had to figure out x86 machine code.
Slashdot Mirror
Great site! Thanks!
Want to do a $160B "economic stimulus" program? Just write some checks, no problem, but if you don't cut spending by $160B you've just devalued the money supply by $160B, thus inflation.
That's not exactly true. To cover the additional shortfall, the Treasury will issue $160B worth of bonds. The buyers of these bonds (mostly Asian countries) are sacrificing $160B worth of current consumption so that the recipients of the stimulus checks can consume today. In and of itself it's not quite inflationary, assuming that the cash to pay for the bonds was allocated in some other asset and not just sitting around underneath a mattress.
Now the flip side of that is that US taxpayers will eventually have to pay more in taxes to pay off the bonds. As a drastic alternative to raising taxes in the future, Congress can take back the power to issue money from the Federal Reserve and just inflate the debt away. Barring such an extreme circumstance, the Federal Reserve doesn't really have an incentive to create arbitrarily high inflation.
I'm betting that at your age your dad couldn't afford a flat-panel TV, portable digital music player, cell phone, high speed access to the internet, the type of computer you're using, etc
The OP should have posted a link to RIAA.org so that it could have been slashdotted. =)
If you look at it more closely you can't opt out of the service generally. Every time a new site tries sending stuff to your news feed you have to go back to the Facebook privacy page and opt out of that particular site.
Aside from AdBlock, you can do the following to effectively de-activate this service:
1. Get Firefox
2. Download and Install the BlockSite plugin for Firefox.
3. After restarting Firefox select 'Add-ons' from the Tools menu.
4. Click the 'Options' button on the BlockSite extension
5. Click the 'Add' button
6. Enter http://facebook.com/beacon/* into the input box
7. Click 'OK'
8. Click 'OK' again and you are good to go.
I must study politics and war that my sons may have liberty to study mathematics and philosophy. My sons ought to study mathematics and philosophy, geography, natural history, naval architecture, navigation, commerce, and agriculture, in order to give their children a right to study painting, poetry, music, architecture, statuary, tapestry, and porcelain.
- John Adams
I think the language is reasonably pedagogically sound and you'll be able to pick up many other languages fairly quickly once you know Java really well. At your level, I wouldn't worry about languages too much. Being a CS major, the language you program in is fairly trivial. At Stanford, after a certain level, most courses didn't even cover how to program in a particular language; it's just assumed that you'll be able to pick it up as you go. I once took a computer security class where we were told to go design exploits for certain unix programs. As part of the assignment we had to figure out x86 machine code.