JanisL

13 ms·

61.
by JanisL 5y ago
You have to give a place and a time frame for these things, there are some places that did see 40% yearly inflation for multiple years in there (along with years of say "only" 10%). So while year on year inflation isn't consi
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by JanisL 5y ago
Canada has seen staggeringly high real estate inflation in many places lately. There have been places that have seen 100%+ increases in prices over just the last few years.
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by JanisL 5y ago
Currencies exist to fill a need. Legal tender fills the need to be able to pay taxation obligations. Other currencies can exist for other needs, see scrip for an example of this.
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by JanisL 5y ago
I think it's important to note that dollars weren't directly convertible to gold for regular citizens for many years before 1971 which is the date that the window was closed entirely.
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by JanisL 5y ago
I think in part its because hours are extremely easy to measure compared to productivity in many complex work environments.
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by JanisL 5y ago
Commercial banking has been steadily declining for quite some time, it's a long term trend that this is just continuing: https://fred.stlouisfed.org/series/USNUM
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by JanisL 5y ago
The thing that's always surprised me about Tether is the confidence people have in it without a fully transparent accounting being available of their collateral. Also they by their own admission in 2019 they only had 74% of the liabili
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by JanisL 5y ago
Start from first principles and look at the economic data directly (understanding game theory is a crucial piece of this). Make sure to ignore the narratives as these tend to obscure the understanding of the fundamentals (since most people
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by JanisL 5y ago
Thank you for making this!
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by JanisL 5y ago
Have a look at some maps of plate tectonics. The huge Australian plate collides with the Sunda plate along a boundary which is much closer to Indonesian landmasses compared to the Australian ones.
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by JanisL 5y ago
OpenStreetMap can be quite good: https://www.openstreetmap.org
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by JanisL 5y ago
It seems like blogging is a hard thing for people to monetize, especially for some topics that aren't so "sponsor friendly"
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by JanisL 5y ago
Not much damage in Melbourne, at least so far (hopefully nothing bigger happens, this comment is a couple of hours since the main shock). A few poorly built brick walls have toppled in some places but that's about all.
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by JanisL 5y ago
I think there's some important context here for people reading this from overseas, geologically Australia is extremely stable as its far from any tectonic plate borders and there's very few large earthquakes here. This quake is on
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by JanisL 5y ago
Depending on workload you will need to watch very carefully for burnout and other mental exhaustion issues if you do this.
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by JanisL 5y ago
Entirely depends on the organization, I used to think this too but then I encountered some organizations (granted ones with entirely dysfunctional procurement processes) where switching technologies was easier and less risky to schedules th
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by JanisL 5y ago
A lot of it is path dependency whereby various practices turn into processes, regulations and laws. On top of this narratives form that guide peoples thinking as to what the right financial decisions are, then people can start to believe th
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by JanisL 5y ago
Handing over code comes with some very real costs, I think it would be naive to not consider these costs.
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by JanisL 5y ago
I think this blog post is highly relevant https://daedtech.com/how-developers-stop-learning-rise-of-th...
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by JanisL 5y ago
I'm not sure if this comment was in jest or not but I've seen both of these things happen in real projects.
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by JanisL 5y ago
In my experience of these things the environment at many banks greatly reduced the effectiveness of technical software staff. For example when I went to do some workshops for a bank a while back on data science, half the room didn't ha
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by JanisL 5y ago
Ebay has become less and less friendly to sellers for a number of years, I'd imagine a lot of people would like more options in this space.
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by JanisL 5y ago
If someone has had to work every day it hardly sounds like a vacation, what sort of arrangement is in place that would have someone put up with something like this?
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by JanisL 5y ago
Student debt is structurally not the same as other debt because it's non-discheargeable and this changes a lot including who is offered the debt in the first place.
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by JanisL 5y ago
Price stability compared to what though? I think this is an important question because currency risks are going to be relative to your other options. If you live in a place where the local currency fluctuates like crazy anyway, or worse deb
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by JanisL 5y ago
Well on the surface it might seem like it but there's a huge amount of nuance here. What happens if the act of writing these IOUs creates a situation where economic activity can happen that creates real wealth (or destroys real wealth)
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by JanisL 5y ago
WeWork has always been propped up by a large flow of investment money.
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by JanisL 5y ago
Why would you want 100 people to have wealth instead of just one? I feel there's some related questions about utility being non-linear that matter here
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by JanisL 5y ago
Given how cheap phones have got I find it appaling that the default isn't to just provide a work phone to the new employee.
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by JanisL 5y ago
If it's cheap to buy a phone then I think the management at the company absolutely should be buying the phone, I just fail to see why the employee should be forced to install something on their own phone for work. It sounds all this &q

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