acover

14 ms·

121.
by acover 3y ago
If you borrow in a different currency than your assets then you introduce currency risk. For example, if I make a loan of 100 CAD by borrowing 100 USD, then when the loan finishes I might only be able to convert 100 CAD to 50 USD.
122.
Show HN: Estimating Spanish CEFR Levels Using Vocabulary(spanish-xz56.s3.us-east-1.amazonaws.com)
3 points by acover 3y ago|0 comments
123.
by acover 3y ago
How do you enter a two sided market? I don't think enough people care about ownership structures to join your service or keep it growing.
124.
by acover 3y ago
The data will be out there forever, you are just making it harder for Reddit to use it.
125.
by acover 3y ago
They are genuine questions. You want to stop all animal slaughter and insects are animals so we need to stop killing insects but I have no idea if that's achievable. It would be really interesting if you could.
126.
by acover 3y ago
Traffic laws are often nonsense and ignored, see jay walking.
127.
by acover 3y ago
Do you not want to kill insects either? How do you grow crops without killing insects?
128.
by acover 3y ago
Does temperature 0 guarantee reproducible results?
129.
by acover 3y ago
Hard, disgusting, dangerous jobs still often pay poorly. Good paying jobs have high barriers to entry and sufficient demand for the services provided.
130.
by acover 3y ago
Lots of degenerative diseases aren't so bad - for example osteoporosis. I get what you mean though, bad degenerative diseases.
131.
by acover 3y ago
There are other planes.
132.
by acover 4y ago
Depositors fleeing traditional banks to narrow banks during a banking crisis can make the bank runs worse.
133.
by acover 4y ago
That makes sense, but how many US banks have failed due to fraud or error? Counting if deposits = money at the fed seems vastly easier managing loans that differ from your deposits.
134.
by acover 4y ago
Interesting, thank you. Tldr: narrow banks could break traditional banking and monetary policy so the fed doesn't let it exist.
135.
by acover 4y ago
Where there is a will, there's a way. The us federal reserve bought corporate bonds during the covid crisis. Can you imagine the fallout of a bank run on all credit unions? The federal government would find a way to prevent that.
136.
by acover 4y ago
The federal deposit insurance in Canada is the same (cdic). The relevant legislation explicitly says the government has no obligation to bail out the insurance fund. Practically the fund doesn't have sufficient funds to bail out a big
137.
by acover 4y ago
Is there a bank or credit union that keeps 100% of the money in reserve?
138.
by acover 4y ago
You have to show id to buy cigarettes. How hard is it to id people before account creation?
139.
by acover 4y ago
There are governments that don't open bids that don't meet basic requirements to succeed.
140.
by acover 4y ago
Does modern ai simplify the simulation of an economy? As, ai is much more capable of learning complex games now than it was 8 years ago. Economists could publish their models and anyone could adjust the assumptions to test the stability of
141.
by acover 4y ago
> But if you’re anticipating counter-arguments, this glosses over a pretty important one. Regardless of geography, higher income brackets tend to have outsized influence on prices across all income brackets in that region. The more it de
142.
by acover 4y ago
> Many Luddites were owners of workshops that had closed because factories could sell similar products for less. But when workshop owners set out to find a job at a factory, it was very hard to find one because producing things in factor
143.
by acover 4y ago
Other technologies created more jobs than they destroyed. The internal combustion engine destroyed more jobs for horses than they created. Further, artificial general intelligence is a resource curse. Leaders can extract value without worry
144.
by acover 4y ago
That's one possibility.
145.
by acover 4y ago
People knit sweaters, garden, run, etc. The lack of value doesn't make it unenjoyable. The difference is people could choose what to do with their time. Imagine life if there was never a need to work!
146.
by acover 4y ago
The luddites had a point. What happens in an economy when machines can do most tasks? What happens to power structures when people become a cost rather than a benefit?
147.
by acover 4y ago
You suggested exactly that. Your counter argument to equal pay for equal work was location based pay prevents distortions in local prices. Most countries want as many rich people as possible. Progressive taxes seem much more effective at co
148.
by acover 4y ago
This is a really interesting perspective. People from poor countries should be paid less so they can't be rich relative to their neighbors. Are rich people so destructive to neighborhoods?
149.
by acover 4y ago
On a custom language
150.
by acover 4y ago
How many programmers are there for large language models? It seems like there are very few ai researchers compared to the number of programmers. There will be more people using the ai to program computers, but the ai interface may be so eas

More ›