kaonashi

87 ms·

841.
by kaonashi 14y ago
>With the FED and Monetary Easing the total amount of dollars in the economy is increasing Not true. QE is a swap. Take away a bond, replace with reserves. No net change. If anything it's deflationary, as the bond yields more intere
842.
by kaonashi 14y ago
Does all the computing power put towards Bitcoin mining strike anyone else as an extreme waste of electricity?
843.
by kaonashi 14y ago
Pick up that can.
844.
by kaonashi 14y ago
Gold is a commodity; same with bitcoins. Not that there's anything wrong with that, but it isn't the same thing as a currency. Gold was only ever a currency when it was stamped by the issuing authority.
845.
by kaonashi 14y ago
Actually, it doesn't satisfy the second one. Unit of account traditionally has meant that it can settle all debts "public and private". It might allow you to settle private debts, but it will never allow you to settle public debts (which
846.
by kaonashi 14y ago
Unshackle the Middle Class by changing IPO rules? Most people in the middle class rely on labor, not stock investments. This seems exceptionally out of touch.
847.
by kaonashi 14y ago
Why should we be rewarding such poor decision making? What ever happened personal responsibility?
848.
by kaonashi 14y ago
Shift the focus by putting the original tasteless remarks that started the whole ordeal on a t-shirt? Sorry, but I'm skeptical.
849.
by kaonashi 14y ago
In fact, that seems to be the entire point: to be mean spirited and obviate any responsibility by claiming to support a charity.
850.
by kaonashi 14y ago
It has a strong deflationary bias. http://www.moneycrashers.com/deflation-definition-causes-eff...
851.
by kaonashi 14y ago
That's an amazing recipe for being convicted of tax evasion.
852.
by kaonashi 14y ago
Actually, it's value as a medium of exchange is limited, as the creators of Bitcoin have placed arbitrary limits on their creation; limits put in place to prop up Bitcoins' ability to be used as a store of value.
853.
by kaonashi 14y ago
You will ALWAYS have to convert your Bitcoins to dollars if make any income in Bitcoins, as you cannot pay your taxes with Bitcoins (nor should you, but that's another matter entirely).
854.
by kaonashi 14y ago
Sometimes the virtues of consolidating purposes are outdone by the virtues of redundancy. A single program is a single point of failure.
855.
by kaonashi 14y ago
Of course it's to do with it. If it had a traditional single-player architecture, there would be no issues at all.
856.
by kaonashi 14y ago
If you're making an efficiency argument, then it really depends on the details. You could conceivably have 10 programs that are horribly mismanaged, and 100 that are well-run.
857.
by kaonashi 14y ago
Yes, there is going to be some overhead in administering most anything, I'm not sure I see the point you are trying to make.
858.
by kaonashi 14y ago
The point was that they're not planning or interfering with production and consumption, merely passing along financing.
859.
by kaonashi 14y ago
For a sovereign currency issuer, taxation and spending are not operationally connected. Taxation serves to regulate inflation and unemployment. Too much taxation, you get high unemployment and idle output capacity, too little, you get inf
860.
by kaonashi 14y ago
As labor is automated, labor share of profits will fall under current arrangements; and the political pressure to change those arrangements will increase.
861.
by kaonashi 14y ago
Your kid will have to support retirees through the output of his labor; the labor required to support a person is dropping , and soon it can be completely automated. The financial economy is a heuristic to explain the underlying economic c
862.
by kaonashi 14y ago
Yup, you are correct; the text of the order specifically mentions cyber threat reports.
863.
by kaonashi 14y ago
So more sharing of information about private citizens outside any regulatory authority? Awesome.
864.
by kaonashi 14y ago
I have a hard time feeling sympathy for unrepentant murderers, regardless of who they have murdered.
865.
by kaonashi 14y ago
Usually it's just a case of understaffing and not being prepared for an employee leaving on short notice.
866.
by kaonashi 14y ago
Because then they wouldn't have an excuse to cut the post office. Never underestimate the sheer cynicism of politicians.
867.
by kaonashi 14y ago
> The Danish version of the Nordic model is not sustainable. This piece discusses how government deficits are sustainable. http://neweconomicperspectives.org/2012/12/functional-financ...
868.
by kaonashi 14y ago
Not sure why they're being forced out, it sounds like they're getting excellent practice for the real world of the ambitious.
869.
by kaonashi 14y ago
Extinguishes currency where it will have the least amount of negative impact.
870.
by kaonashi 14y ago
Am I the only one who looks at the 'FairTax' and finds it anything but fair?

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