neffy

53 ms·

541.
by neffy 10y ago
What you´re describing isn´t a bank. It´s an international payment facilitator. There´s more competition in that space than you realise. If you want to be a bank, you´ll need to solve lending, and you should also investigate nostro/vos
542.
by neffy 10y ago
Well, it used to be called global warming, and now it´s called climate change - did you ever wonder why? The truly catastrophic climate change - human extinction - outcome is the runaway greenhouse scenario. That´s been floated, but it runs
543.
by neffy 10y ago
I suspect the real issue is the "It could be good for Ontario" problem. There is no global climate change catastrophe, rather there are a lot of local changes some of which are completely catastrophic, as in good bye Bangladesh, a
544.
by neffy 10y ago
Equally as an englander, I fear I have to point out that if Scotland wants true independence, you´re going to have to persuade your politicians to drop out of the currency union as well as the political one.
545.
by neffy 10y ago
Some engineers perhaps. All engineers, don´t be silly. And the capacity for deliberate evil exists, is out there, and is used. Sometimes the engineer is just a tool.
546.
by neffy 10y ago
I stand corrected, thanks. Is there any way to know where they're getting their funding from? I poked around a little but couldn't find anything.
547.
by neffy 10y ago
This is the actual text of his speech: https://www.fbi.gov/news/speeches/the-fbis-approach-to-the-c... I must admit, I'm impressed the old stalinist organisations are still being funded. That's almost ma
548.
by neffy 10y ago
A better idea is to have 2 cities - one built with earth quake resistance, and the other not - and give people the choice about which one to live in. Then it shouldn't take more than a couple of earthquake iterations to sort out the ge
549.
by neffy 10y ago
Seriously. Before I lived in LA, I lived in Boston. I still have the rather nice pair of wire cutters that were left behind rather hastily when I came back to get my bicycle at the stand after being in a shop for about 3 minutes. Now that i
550.
by neffy 10y ago
As darkr says. Most of LA is really flat, and perfect for cycling, but those hills were just annoying. Fun coming back though.
551.
by neffy 10y ago
Exactly - it really depends on where you live/work, but LA's a surprisingly nice city for cycling in. It almost never rains, the Bus's all have bicycle carriers for emergency punctures/Hollywood, and the cars are rarely
552.
by neffy 10y ago
No it hasn't really. Technological development has lowered the costs and availability of most things in our lives. If you look at the actual practices of governments and individuals over the last few centuries you won't find much
553.
by neffy 10y ago
Not really. Usually you get to learn all that stuff, and you get to learn programming doing the assignments, and projects. But there are some places out there that teach a very theoretical course, so unless students seek out programming exp
554.
by neffy 10y ago
Yes, it´s a lot more complicated than that. Fundamentally, it´s an issue of scale. It can be proven that central planning is the least efficient form of organisation at scale, because the information capacity of a hierarchically organised n
555.
by neffy 10y ago
No, actually it's not. If you take the amount of money involved in the stock market every year, and assume that as a percentage of the total amount of money sloshing around the economy it remains broadly the same, then owing to moneta
556.
by neffy 10y ago
Given that it's FAZ, I suspect all they need is a check that the comment is correctly punctuated, uses the subjunctive, and consists of 3 paragraphs written in 2 sentences :)
557.
by neffy 10y ago
That may be asking the right question the wrong way round. The property of neoteny - the retention of juvenile features in adults is one of the things that humans are particular noted for, and learning is one of them. So we could well still
558.
by neffy 10y ago
Growing up in London, I remember reading at a young and impressionable age the sage advice to never buy property built on streets called Marsh Lane, and similar, so it's not a new problem. Geography would be a lot more interesting as a
559.
by neffy 10y ago
and then there's John Lewis. and a few others.
560.
by neffy 10y ago
No virtual world has loans, or a banking system. But I would totally support creating one that does and letting economists loose on that.
561.
by neffy 10y ago
Exactly. And you think this is going to be any better?
562.
by neffy 10y ago
To be honest, I think BMW would have made exactly that mistake because nobody in Germany would ever be stupid enough to build a 65mph freeway with an uncontrolled crossing like that. And don't get me started on those highways on the ea
563.
by neffy 10y ago
Not those who lived through it I suspect. http://www.jstor.org/stable/2338493?seq=1#page_scan_tab_cont...
564.
by neffy 10y ago
The claim made in the Economic Textbooks that the central bank controls the banking system is mostly incorrect - in fact most of the things you'll read in economic textbooks about the banking system are provably incorrect which is a la
565.
by neffy 10y ago
One way to find out why things are done a certain way, is to try not doing them that way... http://www.jstor.org/stable/2338493?seq=1#page_scan_tab_cont...
566.
by neffy 10y ago
It all depends on what happens next... which is never a good position to be in when you've already committed to the outcome. There are some 1.5 million British working and living in Europe. Approximately 900,000 of them are retirees li
567.
by neffy 10y ago
As ancient engineering wisdom says: 'The nice thing about standards is that we have so many of them'.
568.
by neffy 10y ago
Oth. If the alternative to people who actually had to build something and make it work is people who graduated from Harvard with journalist degrees.... ...both groups will contain sociopaths, abut at least one of them will have learnt to do
569.
by neffy 10y ago
Still, it's got to beat those stupid luxury yachts.
570.
by neffy 10y ago
Contract Law != Markets. It can certainly be pushed onto the runway. Whether it flies or not depends on whether anyone wants to buy it, and that depends on whether what's behind it is worth buying. All markets do is find a price for yo

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