jbay808

42 ms·

451.
by jbay808 5y ago
Why do you think so?
452.
by jbay808 5y ago
I don't think it's as easy as people think to inflate away debts, because you have to do it without incentivizing debt growth at the same time. Maintaining high inflation and low interest rates strongly incentivizes new debt creat
453.
by jbay808 5y ago
I fully agree with your counterpoint, except that I don't think it's a counterpoint, because to my mind, such a focus on short-term stability (ie, bailouts) are a major driver of long-term instability! The reasoning for that seems
454.
by jbay808 5y ago
The credibility I'm referring to is: when Jerome Powell says "we have the tools at our disposal to control inflation, and if it persists, we will not hesitate to use them", how much do you update your expectations of future i
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by jbay808 5y ago
I agree. As a control theorist, I'd be much more comfortable with a PID controller running the ship, and I think it would do a better job.
456.
by jbay808 5y ago
Hmm; all of those things are what I would associate with breaking the stability promise, that is, reneging on inflation control and holding interest rates low. That encourages borrowing and propels the price of assets. I'd expect you
457.
by jbay808 5y ago
I think that consensus is very fractured, but setting that aside -- has the "it's transitory" consensus made any concrete predictions? Have they been holding up so far? I just look at housing prices as the input to a low pass
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by jbay808 5y ago
When it starts to get really burdensome to keep your promises, the idea of breaking them gets really attractive. But that doesn't come for free. It costs credibility. The cost of central banks breaking their inflation-control commitmen
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by jbay808 5y ago
It would be easier to dismiss online commenters as "armchair" if the experts at the wheel, with all the data, the models, and the PhDs at their command, were making more accurate predictions than them.
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by jbay808 5y ago
Agreed. We've also seen that interest rate cuts amd QE are very weak at stimulating inflation, and very strong at stimulating asset values. I'm coming around to the view that UBI should be used to fight deflation, and interest rat
461.
by jbay808 5y ago
> I am very confident in my ability to solve a problem / achieve a goal on my own, and I don't need some special program or exception to the rules in order to succeed. Picture a distribution, like a bell curve or something. Th
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by jbay808 5y ago
Like "Howitzer" (~85/~55).
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by jbay808 5y ago
I'd expect some degree of spatial correlation.
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by jbay808 5y ago
> At the risk of sounding conspiratorial, I think this is part of an overarching move to slowly phase out physical cash co we could have practical negative interest rate one day. I agree it's no coincidence that this development is
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by jbay808 5y ago
Definitely! The handcuffs are finally off!
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by jbay808 5y ago
I have noticed that fillets in particular are a weak point for FreeCAD.
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by jbay808 5y ago
Did you find the Part Design workflow? It took a while for Freecad to click for me but it ends up being fairly similar to other CAD programs in terms of workflow.
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by jbay808 5y ago
I'm now using FreeCAD for all of my mechanical design work. It's about 10% as productive for me as SolidWorks (although I'm still climbing the learning curve), which I regard as a massive achievement for open-source software.
469.
by jbay808 5y ago
24 years to earn your money back works out to a 2.9% annual rate of return, which is a little bit above both the 20 and 30 year treasury yields (~2.23%), reflecting a small but positive risk premium for a big blue-chip company that is gener
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by jbay808 5y ago
Is it possible that some fans spread the word organically after they initially found your product through FB?
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by jbay808 5y ago
It's hard to describe; there were so many of them and I can't find much if anything left on the English internet that describes them. They were very diverse; some would have large screens that unfold or rotate after flipping open
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by jbay808 5y ago
Also because of a tendency for them to release their best products as Japan-only. "Galapagos phones" are a good example. When I visited in 2009, they were still much more capable devices than the then-available iPhone. But by bein
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by jbay808 5y ago
As a fellow Chrono Trigger fan, I strongly recommend Crimson Echoes . It's a sequel, astonishingly well written, fun, and decently challenging. Clearly a project that was put together with love and attention.
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by jbay808 5y ago
I agree. I attribute the rent increase mainly to low interest rates. At high interest rates it's unlikely that landlords would have enough bargaining power to capture the UBI through rent increases. My preferred policy would be to adju
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by jbay808 5y ago
The CEOs whose own compensation has been skyrocketing because that's just the market rate for talent, right?
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by jbay808 5y ago
So, mainly two reasons that I am aware of. First, with a long spindly motor running at high speeds, eventually shaft whip becomes an issue; the distance between the bearings ends up being really far. Second, designers usually want low-speed
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by jbay808 5y ago
I didn't see much in the article about efficiency. Koenigsegg seems focused on supercar performance like acceleration, but most EV makers care about range. EV makers do pay a lot of attention to their motors and highly optimize them fo
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by jbay808 5y ago
It mostly is, but way at the boundaries of performance where cost is no object, I wouldn't be surprised to see a company like Koenigsegg advance beyond normal limits, using pricey materials like cobalt steels, sintered powdered iron, p
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by jbay808 5y ago
Motor torque capability generally scales in proportion to volume, but shaft speed capability typically increases as the motor shrinks, so the motor power will usually fall at a smaller rate. A motor with 1/64 volume will probably outpu
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by jbay808 5y ago
Wouldn't a good automation process compare the output and input filesizes and return whichever was smaller?

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