cchooper

13 ms·

91.
by cchooper 18y ago
Sorry, I meant rise in the value of money. If you're going to define deflation as a fall in the price of any basket of goods, then you're just using it to mean 'the price of something went down'. You can do that if you want, but it's hardly
92.
by cchooper 18y ago
Some Java interop instructions are here: http://www.arclanguage.org/item?id=8819 Arc runs on all platforms that MzScheme runs on, which includes Windows.
93.
by cchooper 18y ago
People with debt have an income with which they service their debt. If the real value of the debt increases, the real value of the money they pay to service it also increases. Thus their future wealth is decreased. If one person hoards doll
94.
by cchooper 18y ago
Negative interest rates would be a very good thing right now.
95.
by cchooper 18y ago
Governments could be the source of all the evil in all the world, but this article would still suck.
96.
by cchooper 18y ago
An increase in the value of the dollar is not an increase in total wealth (and similarly, a fall is not a loss of total wealth). A change in the value of assets is always a transfer of potential wealth from one person to another. This chang
97.
by cchooper 18y ago
Clojure does indeed seem like the hot candidate, but to repeat a point that pg has made several times: he's not interested in being 'hot'.
98.
by cchooper 18y ago
It's trying to insinuate that all governments are untrustworthy by extrapolating from a single data point. To put it another way: it's a cheap shot.
99.
by cchooper 18y ago
To be clear, the Fed is not trying to create inflation. It's trying to prevent deflation. The extreme measures it will have to take (such as the 'helicopter drop') might produce future inflation (it's not certain, as it depends on future
100.
by cchooper 18y ago
Those chapter titles sound quite Dickensian.
101.
by cchooper 18y ago
This is something that occurs again and again in the creative arts. People say they want to write a poem or a novel, but they end up writing something that's actually best expressed as an essay, or the poem itself becomes a veiled essay (se
102.
by cchooper 18y ago
Variations on these schemes are already successful. Examples include: Time Dollars: http://www.timebanks.org/ Ithaca Hours: http://ithacahours.org/ Tlaloc: http://www.vidadigna.info/index.htm The difference between negative interest a
103.
by cchooper 18y ago
Actually, she said it would cause inflation only if the central bank also successfully increases the money supply at the same time. I think Monbiot is suggesting this as an alternative to that, rather than something to occur simultaneously.
104.
by cchooper 18y ago
They're definitely not illegal, although certain forms are illegal. That law only covers attempts to create currencies that could be mistaken for US dollars. Other systems are illegal because they amount to an unregulated form of banking, o
105.
by cchooper 18y ago
They exist here and now and are generally counted either as income from a tax perspective, or tax free, depending on the system and the country.
106.
by cchooper 18y ago
Incidentally, Lietaer's website is http://www.transaction.net/
107.
by cchooper 18y ago
Generally speaking, these schemes are not illegal.
108.
by cchooper 18y ago
Lietaer's book contains some economic nonsense, but for the most part it's a very compelling argument. The examples drawn from history are especially powerful. But perhaps the best argument against the usefulness of alternative currencies i
109.
by cchooper 18y ago
Do what this guy did: http://news.ycombinator.com/item?id=438646 I'm always most successful at getting something done when I: choose the smallest useful thing I can think of, choose something even smaller instead (which can be expanded la
110.
by cchooper 18y ago
Do you mean people who have something like this on their CV, or projects that are like this, or an attitude like this...?
111.
by cchooper 18y ago
So if you give an argument for a conclusion then you shouldn't state what the conclusion is? Judge that point with reference to your own comments.
112.
by cchooper 18y ago
I see nothing wrong with beginning the post "What bullshit". It's a concise statement of what he believes. And what's wrong with stating your belief up-front and then providing the argument afterwards?
113.
by cchooper 18y ago
That just makes my point even better. Experts set safe speed limits for non-experts to follow. Minimum reserves are set arbitrarily and experts that decide actual reserve levels will not pay them any attention.
114.
by cchooper 18y ago
A comment on the first letter in that article: Many people seem to think that we could create a better currency by banning banks from 'creating money'. They don't want to ban banks, they just want to ban the idea of money 'based on debt'. I
115.
by cchooper 18y ago
I got my first paid programming job at 25. I've never found age to be a problem.
116.
by cchooper 18y ago
I'd say yes. The HTML is identical right down to the missing XML declaration.
117.
by cchooper 18y ago
http://www.arclanguage.org/install
118.
by cchooper 18y ago
I'm not confident that blogs will replace professional commentators. I don't know any blogs that have the same kind of quality as the Financial Times comment section (except Willem Buiter's, which the FT publishes). The same goes for someth
119.
by cchooper 18y ago
I think other institutions will arise to fill those gaps. They will be pure teaching institutions rather than universisites.
120.
by cchooper 18y ago
I worked on a highly unsuccessful multi-billion dollar health system that was intended to solve all of these problems on a national level. I can tell you now that a small guy working from the bottom up with individual institutions is much b

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