jljljl

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121.
by jljljl 4y ago
If you don't have reserves, borrowing from the Fed would be your very last resort. The first thing you would do is borrow short term from other banks to meet your reserve needs. This is what the Overnight Federal Funds rate represents
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by jljljl 4y ago
Well, obviously if you were starting a bank, you'd want a pile of reserves and cash so that this doesn't happen to you on day one. Alternately, you'd offer to hold deposits for some people in exchange for interest, and then l
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by jljljl 4y ago
Banks are regulated and restricted, but any entity who lends money would technically create money. Individuals are rarely at a size where they can do this, but hedge funds and insurance companies are.
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by jljljl 4y ago
When a bank creates a loan, it also creates a deposit. Say they make a loan to Bob: Loan -- an asset on the Bank's balance sheet. It's a promise that Bob will repay the bank a certain amount of money, plus interest Deposit -- a li
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by jljljl 4y ago
Any bank could loan out an infinite amount of money. If you come to a bank and ask for a loan (and they approve), the bank will create the loan (an asset on their balance sheet) and a matching deposit (a liability on their balance sheet). T
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by jljljl 4y ago
I'm not sure this is correct -- a bank could create money by issuing loans without needing a central bank account. The central bank account provides banks with extra liquidity, but it isn't required to create deposits.
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by jljljl 4y ago
Correct. It doesn't have to be a bank or central bank: lot's of other entities create money through lending -- Insurance companies, pawn shops, hedge funds all do it. This it's what's known commonly referred to as shadow
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by jljljl 4y ago
Github allows you to sign commits with your SSH keys. Having the public keys available publicly means anyone can verify the signature: https://docs.github.com/en/authentication/managing-commit-si...
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by jljljl 4y ago
Really cool, love the idea of managing background services for your dev environment, without having to use Docker Compose. We’ve been working on a similar workflow with Devbox ( https://jetpack.io/devbox ), using Nix to insta
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by jljljl 4y ago
This is a really interesting idea, and something we’ve heard from early users. I’d be interested in chatting about how something like this could be implemented
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by jljljl 4y ago
Hello! When you add packages with Devbox add, we automatically pin your devbox.json to a specific commit in the Nix store. This ensures that any developer who uses your devbox.json will get the same packages that you do. You can read more a
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by jljljl 4y ago
This is really interesting! Do you need a full NixOS configuration to deploy? Or is it possible to deploy projects that just use Nixpkgs? If it requires some migration, would love to see a guide on how to wrap a Nixpkgs project in a barebon
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by jljljl 4y ago
If you are looking for a simple interface that is an alternative to asdf, but uses Nix under the hood, you could check out Devbox ( https://github.com/jetpack-io/devbox ). Our goal is to make spinning up per-project dev
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Devbox 0.1.1: Run scripts in devbox shell, pin Nixpkgs SHA(github.com)
2 points by jljljl 4y ago|0 comments
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by jljljl 4y ago
We’re still evaluating pricing based on early feedback. We’d be happy to chat about what your work case looks like and share more details. I could reach out to you over email, or we could chat on our Discord server at discord.gg/jetpac
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by jljljl 4y ago
Hey everyone, happy to answer any questions you might have about Launchpad here!
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Show HN: Launchpad – Zero DevOps Kubernetes(github.com)
20 points by jljljl 4y ago|7 comments
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by jljljl 4y ago
At the scale of a company like Twitter, the product and infrastructure are less like a static bridge and more like a complex living, evolving organism. So the analogy is not a very good one. So your patient might be ok if you fire Ned, but
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Devbox: From 1000+ Container Script to less than 10 lines(jetpack.io)
10 points by jljljl 4y ago|0 comments
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by jljljl 4y ago
You can, but it's a very unpleasant experience on the Kindle's small screen. The DX was much better at this because it could comfortably display a full page of a PDF without needing to scroll
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Devbox: Build your Docker image from `scratch`(jetpack.io)
6 points by jljljl 4y ago|6 comments
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Devbox 0.0.5: Node and PHP Support, Init Hooks, and More(jetpack.io)
5 points by jljljl 4y ago|1 comments
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by jljljl 4y ago
It will use Nix to build a shell on your local machine directly, so you can run the program on your system directly (not in a VM). It also has some early functionality where you can turn that shell into a Docker container, so you can run th
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by jljljl 4y ago
The article makes a similar point in the section titled “A Dictionary Date” — There’s a lot of new concepts and resource types to learn with Kubernetes that force you of your application in a different way. It’s pretty powerful and logical
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by jljljl 4y ago
This works really well if you have $480,000 in savings, but it doesn't really work if you have 0 savings, or debt. Deflation, with its disincentives to investment or economic growth, would reduce employment and real wages. Most America
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by jljljl 4y ago
I think the assertion is "If you have everything else in the business right, then Deploying quickly makes it cheaper to fix issues and ship revenue generating features to customers, which will lead to more profit" I think it'
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by jljljl 4y ago
I suppose I should have put “science driven” in quotes. But I also think it’s going to be difficult, using the methods available feasible for this kind of study, to draw strong causative conclusions about how dev ops practices impact busine
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by jljljl 4y ago
Good article breaking down the limitations of the science driven approach to productivity that Accelerate presents, and some of it’s harder to prove claims. I did find the capabilities and KPIs that Accelerate emphasizes useful, however. I
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by jljljl 4y ago
Love this book. Recommend pairing it with Nand2Tetris to get a good understanding of how Computers work: https://www.nand2tetris.org/
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by jljljl 4y ago
What is the sinister material that they’re trying to teach or jam down children’s throats? The fact that they’re preparing material for a specific age range does not seem sinister in itself

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