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jiofih
searching PlanetScale…
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22 ms
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211.
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jiofih
5y ago
I feel like this article is pointing a gun at the wrong faces. These companies are most likely doing this as a form of social giving. The amounts involved are minuscule for the industry. It touches on the question of rehabilitation but very
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jiofih
5y ago
That’s not a problem as it’s not a zero-sum game. Everyone could get their pay raised at the same time and the overall productivity would go up accordingly, until some point of equilibrium.
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jiofih
5y ago
> where they extend loans as a multiple of the deposits they already hold > Commercial banks’ ability to create money is constrained by capital This “throw random links I found” argument strategy is not very good. I strongly recommend
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jiofih
5y ago
Yeah, technically correct I guess. Is there any realistic scenario where this would fly? This would be plain and clear fraud and not something allowed to go on for two years after multiple audits.
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jiofih
5y ago
Sounds like fantasy. Whatever they wrote you the IOU for also comes out of your book, so your balance is $0. Doesn’t work like that.
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jiofih
5y ago
Or a lot less money :)
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jiofih
5y ago
Do you manage to make the same as your peers? I think this strategy tends to limit your earnings significantly compared to playing the game.
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jiofih
5y ago
It’s not narcissism, it’s survival. I don’t like it either, but agree that this is how most larger companies function.
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jiofih
5y ago
What am I supposed to look for in that Wikipedia page? Did you read it? I did. The section on the Real is a generic article almost longer than the Real article itself, yet makes zero mentions of any of Franco’s contributions to it. Is that
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jiofih
5y ago
They have a fixed reserve ratio, so they can’t “create money” unless more deposits come in. Can you point me to a source supporting that idea that lending from state banks was a main source of inflation?
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jiofih
5y ago
Can you describe that “big role”? He is only a footnote in the story and later wrote a book about it. Revisionism at its finest.
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jiofih
5y ago
That’s exactly his point - berating things because of their origins is this institute’s approach 99% of the time.
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jiofih
5y ago
By your definition any kind of wealth transfer to the lower classes would be a “tax on the rich”. Funnily, it’s quite common in Brazil to refer to larger monetary values as “2.5 salaries”
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jiofih
5y ago
URV is what stagnated inflation in the first place. There seems to be a need by the new Brazilian right to downplay what happened for some reason, don’t get caught into it.
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jiofih
5y ago
Regional banks cannot “print money”, only the central bank. What happened is that the central bank would lend an “over” amount to counteract the daily inflation (which reached 4% at some point), just compounding the inflation. This would al
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jiofih
5y ago
> GTA feels like intern 3D rendering work Lol, I guess you’re new? Or maybe you don’t know the difference between 3D rendering software and game engines? GTA V came out in 2013 and the fact that it is still used as a reference for graphi
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jiofih
5y ago
You’re just used to the style. Putting a photo of a road next to it will show you how far from reality GTA rendering is.
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jiofih
5y ago
A Tesla Will also slam on the brakes in general. Swerving into your lane likely fits the 20mph window that Subaru is designed for. But that’s not what’s in question in this comment thread. Have you tested yours again a stationary emergency
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jiofih
5y ago
As far as I’m aware nothing stops them from doing just that. You’ve got the dynamics right, but the hardware is not the problem, it’s the app. They want iOS users to download the Tile app instead of using the native Find My. If they don’t,
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jiofih
5y ago
https://news.ycombinator.com/item?id=27115721
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jiofih
5y ago
What part did I miss? The two developers making $2k were part time, only one went full time, and current all of them work part time for $6k/month.
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jiofih
5y ago
Not contradictory at all. I don’t think it should be a product and employ individual developers. They spare their budget by having employees contribute to OSS on the clock.
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jiofih
5y ago
Yes. Part of that freedom is being something owned by the community, not a particular commercial entity.
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jiofih
5y ago
Teslas are 5 star rated, so how does that work?
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jiofih
5y ago
Right. I somehow doubt Subaru is ahead of the game compared to Tesla on that. I took a look at how Subaru Eyesight works. It uses a dual camera system to identify a vehicle ahead and apply braking if it slows down, pedestrians and other spe
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jiofih
5y ago
Not really. It’s basically a system to store encrypted coordinates from Bluetooth ids seen. There is no mesh networking capability. https://www.wired.com/story/apple-find-my-cryptography-bluet... Anything of that sort
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jiofih
5y ago
Tile can have access to the Find My network, as can others. They chose not to.
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jiofih
5y ago
Why isn’t WPS common in IoT? It should solve the majority of cases for the home.
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jiofih
5y ago
I’m not sure a parallel can be drawn to the Find My network. That one is purely designed for location tracking in an anonymous way, and does not have the ability to transfer data between devices or any other type of tracking.
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jiofih
5y ago
So it will emergency break on the highway if something flies in front of the car? Sounds dangerous and unlikely.
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