cchooper

11 ms·

61.
by cchooper 18y ago
I'm not sure I understand your experiment. You expressed the same thing three ways, so people clearly aren't voting differently according to whether they agree or disagree. They're voting on how you expressed yourself. Personally, I don't d
62.
by cchooper 18y ago
Unfortunately not, because a) the memory manager cannot guarantee a consistent system state in the swap file b) the kernel has no way of instantiating its own state from an image These are hard problems, which is why the people working on t
63.
by cchooper 18y ago
The press needs to stop using "the cloud" as a fancy-pants synonym for "on the internet".
64.
by cchooper 18y ago
Fraud involves deception. When was the last time you saw a bank advertise that it didn't lend out your money?
65.
by cchooper 18y ago
Banks cannot create base money. That link doesn't say that they do. Creating base money is forgery and is illegal.
66.
by cchooper 18y ago
I wouldn't, because borrowers are compensated for the risk through the payment of interest (or other services, such as free transactions). A deposit at a bank is just like any other kind of investment: you get a reward because you took a ri
67.
by cchooper 18y ago
The bank can't pay because it has loaned the money out.
68.
by cchooper 18y ago
No, and if the video says that then it's wrong. Please explain to me how a bank can create base money , which is exclusively issued by the central bank. * The bank is allowed, to lend a multiple of that $10. False! The bank can lend only
69.
by cchooper 18y ago
Not it's not. The bank only ever loans a fraction of the money deposited with (or borrowed by) it. The rest goes in the reserve. The total amount of cash loaned is always strictly less than the cash borrowed. Bank's just can't create base m
70.
by cchooper 18y ago
This is still no different to normal lending. If I loan you $100, then you have created a $100 bond "out of thin air." It's true that we use "bank bonds" (checking accounts) as money, and it's true that we do this because they can be redeem
71.
by cchooper 18y ago
If I have only $100 and I lend out $60, then I have loaned more money than I have, because I now only have $40 dollars. Banks are not doing anything different to this. They are just loaning the cash deposited with them. Although the origina
72.
by cchooper 18y ago
What's you're saying is actually not true. Unfortunately, it seems that almost everyone on the internet gets this wrong. The correct calculation goes as follows: If you deposit $10 then, assuming a 10% reserve rate, the bank will keep $1 an
73.
by cchooper 18y ago
I have to second this point. Mises.org is a propaganda site, an echo chamber for people with a rather extreme political philosophy. It is not a source of balanced information on any topic.
74.
by cchooper 18y ago
This is important, because it helps defend the site against trolls. But perhaps it would be better not to be confronted with your score every time you log in.
75.
by cchooper 18y ago
Which is exactly what happened on Reddit, where you have to wade through all the up-modded pun threads to get to the real comments.
76.
by cchooper 18y ago
What does it mean for a human-constructed system to be 'natural'? In most tribes of the world, the income of one person is not considered the property of that person, but is divided according to customs about the distribution of wealth in t
77.
by cchooper 18y ago
Every political and economic system of every kind involves both free and forced exchange of goods. For example, in a system of property rights, if a person is considered to violate someone else's property rights then they will be punished,
78.
by cchooper 18y ago
"Managing the economy" is not what Keynesianism is really about. It's about correcting a specific flaw in capitalist economies (the existence of multiple inefficient equilibrium positions). The idea is that once you correct that specific fl
79.
by cchooper 18y ago
This is getting into details of semantics, but I'm not sure if your example is really shows that the language supports dynamic typing. It's more like an example of implementing dynamic typing in a static language. After all, you're not us
80.
by cchooper 18y ago
But the language will still be statically typed, as the correct resolution of a Dyn into an Integer, String etc, will still have to be ensured at compile time.
81.
by cchooper 18y ago
Not quite the same meaning of 'variant'.
82.
by cchooper 18y ago
The problem is that 'standard economic theory' is not in complete agreement here. As the article you linked says, classical economists (whose argument about the market clearing is the one you put forward) do not believe in cyclical unemploy
83.
by cchooper 18y ago
> And when management asks that you work 10 extra hours a week for the same amount of pay? What? I completely fail too see what your point is here. Why would my management ask me to work 10 extra hours a week? What does that have to d
84.
by cchooper 18y ago
I have plenty of savings but I still don't want to lose my job. I did not spend recklessly, but the recession could hurt me nonetheless. I am saving for retirement, but I can't do that without work. > which is why I'd like to stop the
85.
by cchooper 18y ago
> Customers and stakeholders have substantial investments in, and are comfortable with the performance, security and stability of, industry-standard platforms like the JVM. This very much suggests that Clojure is trying to solve today
86.
by cchooper 18y ago
> The only thing you're doing with your debt point is pandering to those who have taken on debt instead of saved up wealth. I'm not pandering to anyone. I'm pointing out that deflation is a transfer of wealth. I'm not judging it, just
87.
by cchooper 18y ago
Oh dear, IHBT.
88.
by cchooper 18y ago
You have completely misunderstood the point about debt. They were paying interest before, but the onset of deflation means that the real value of that interest has increased beyond what it was. The creditor charges interest either way, but
89.
by cchooper 18y ago
If temperature meant 'global temperature' then it would indeed be wrong to use it to describe your room temperature. But it doesn't mean that, so it isn't. > what word would you suggest? How about 'falling prices'? >And the term
90.
by cchooper 18y ago
But deflation is not defined that way. It's defined as a decline of the general price level, and this is measured using a basket of goods that is intended to reflect general prices. You can pick holes in the problem of measuring 'genera

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