jljljl

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211.
by jljljl 6y ago
The confusion is that modern commercial banks don’t work like a giant vault. So applying the analogy you described to, say, Wells Fargo, would mislead you about how Wells Fargo works. You could have a bank that does what you say, but it wou
212.
by jljljl 6y ago
This is a problem of not having enough reserves, and not quite of lending deposits. Banks encourage people to put their money in the bank in exchange for deposits so that they have these reserves. It’s like the article says: banks give out
213.
by jljljl 6y ago
“Reserves” are a completely different thing from “deposits” though. I don’t think the bank is deliberately being tricky, but I think the idea of banks “lending out people’s deposits” is not quite true.
214.
by jljljl 6y ago
People do have this confusion all the time though: they think the bank lends out the money they put in, when really what’s happening is money creation as described in the article.
215.
by jljljl 7y ago
This list is awesome, but if it wants to function as a long lived archive or library, it should maybe point to the Internet Archive version? Many of the links are currently broken :\
216.
Turkey City Lexicon(sfwa.org)
2 points by jljljl 7y ago|0 comments
217.
by jljljl 8y ago
They did have a waitlist. They also had a referral system where referring your friends would bump up your place in the waitlist.
218.
by jljljl 8y ago
Code is a great book. I've also been supplementing it with the From Nand 2 Tetris course[1] in order to have some applied experience with the concepts. [1] https://www.nand2tetris.org/ .
219.
by jljljl 8y ago
This is a lossy compression: You've removed the distinction that the immersion in the author's psyche is distinct or remarkable, that the novel embraces tedious experience, and that it's autobiographical.
220.
by jljljl 8y ago
The AIDS example here is using a known AIDS/HIV denialist (who is also not a medical doctor, but a psychoanalyst), and does not represent the consensus view at the time. That same year, the NIH and Department of Health and Human Servic
221.
by jljljl 9y ago
Two major differences: The SEC can only bring civil charges, not criminal ones. So SEC investigations won’t bring jail time by themselves, although if the FBI or other agencies get involved that could happen Also, Holmes and Theranos settle
222.
by jljljl 9y ago
Has anyone else noticed really slow performance on Google sites (especially Inbox and Docs) with Quantum? Are there any theories on what’s causing it? I really want to use Firefox more but I spend a lot of time in GSuite.
223.
by jljljl 9y ago
For alarms and clock times, my guess is data validation. The app could correct or block invalid time entries (e.g., accidentally hitting 2500), or it could restrict the entry set. It also means the number will be in the correct format. your
224.
by jljljl 9y ago
I don’t think economists believe there is a specific functional form for the utility function (although it often has certain properies). It’s more just a useful concept for representing customer preferences.
225.
by jljljl 9y ago
I don’t think advertising really contradicts the model: advertising grows demand for a good by increasing an individuals perceived or realized utility for the product.
226.
by jljljl 9y ago
Is there an alternative view of the consumer that produces useful results?
227.
by jljljl 9y ago
She no longer has it, and if I read right she hasn’t since 1995: http://thehill.com/blogs/blog-briefing-room/news/273989-fein... I’m also not sure the sourcing of her armed bodyguards mentioned elsewhere. In
228.
by jljljl 10y ago
This really is not true, and inequality can often dictate how hard and smart your are required to work for success. Most people are blind to the small advantages and inequalities the benefit from
229.
by jljljl 10y ago
I wonder what the impact would be on the US insurance market if the state with the largest GDP dropped out?
230.
by jljljl 10y ago
Most of the creativity in the phone designs you mention is around fitting or concealing physical input. Modern touch screens negate the need for buttons, and the most useful format becomes a large screen.
231.
by jljljl 10y ago
FYI, the book for this anecdote was Blink by Malcom Gladwell, not Freakonomics, in case anyone is trying to follow the reference.
232.
by jljljl 10y ago
You don't have to repeal anything. You use the budget process to cancel all individual and employee mandate penalties, eliminate the relevant taxes and subsidies, and roll back funding for the Medicaid expansion. Then you just sit back
233.
by jljljl 10y ago
Using the term rammed through feels like a stretch given the description. The bills were negotiated for over a year, and liberal features like the public option and coverage for abortion were removed due to Republican and independent oppos
234.
by jljljl 10y ago
What procedural trick? It received 60 votes in the Senate and a majority in the House.
235.
by jljljl 10y ago
While true, both Gates and Panetta had military and intelligence experience.
236.
by jljljl 10y ago
There's a few assumptions built into your basic math. Does the benefit need to be $12,000/year? Can we phase out Social Security ($888B) Health Care spending ($602B) and other safety net services ($362B) as we phase in basic incom
237.
by jljljl 10y ago
Being a millionaire does not include you in the top 1% these days: http://www.cleveland.com/business/index.ssf/2016/03/us_milli... "More than 10 million U.S. households have a net worth of $1 millio
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by jljljl 10y ago
"Eat food, not too much, mostly plants." - Michael Pollan
239.
by jljljl 10y ago
It does communicate a bit, even if it's confusingly worded and targeted to a specific audience. Material Design has two parts: A physical structure based on how objects lie in the real world (particularly inspired by the physical appea
240.
by jljljl 10y ago
Here's an article that was on the front page when I clicked into this discussion: https://www.eff.org/deeplinks/2016/12/librarians-act-now-pro... Is this political?

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