neffy

22 ms·

241.
by neffy 6y ago
As long as you pick the right 10 years.
242.
by neffy 6y ago
Hypothetically - actually not so much - this was one of the issues in 2008. If the financial system creates such quantities of debt, that the regular capital and interest repayments exceed the available money supply, that would be a hard th
243.
by neffy 6y ago
M2 is the total sum of all liability deposit money in the US banking system, and liability money has dominated in all monetary transactions since at least 1890. (Dunbar.)
244.
by neffy 6y ago
Most economists don't understand how banks write off debt.
245.
by neffy 6y ago
It's complicated. Hyperinflation occurs generally when the banking system's regulation is gets out of control and goes into a lending/money creation spiral. That can happen very quickly - within several month. All things cons
246.
by neffy 6y ago
The Federal Reserve's balance sheet, and its actions matter very much. What is essentially in the process of happening is a massive disconnect between the "operating system" of the economy - the financial system, which is in
247.
by neffy 7y ago
And Iceland, which is as free-wheeling a capitalistic state as anyone could want under the hood. Making employers responsible for severance pay is a way of aligning costs with information asymmetry, and also trying to make employers at leas
248.
by neffy 7y ago
A case can be made that they are being regulated into being expensive to support the rather dysfunctional American health system's need for high insurance charges. At any rate - have a look over on the Chinese sites, you can pick them
249.
by neffy 7y ago
Random testing here in Iceland over the last week showed 0.6% infected. https://grapevine.is/news/2020/04/06/random-sampling-reveals... This is a useful albeit very small data point, because Iceland rece
250.
by neffy 7y ago
But private entities can't do it, because the market forces them not to - those that the spend the money will be out-competed in the short term by those that don't.
251.
by neffy 7y ago
Exactly. The issue in some sense isn't government, it's the corruption of government by corporations that have been allowed to become to big and to powerful, to the extent that the US Government itself has been deliberately defund
252.
by neffy 7y ago
Your part of the West may not be doing that, but my part started doing all of that as soon as the first cases showed up. (Via the skiing holiday route from Italy.)
253.
by neffy 7y ago
The death rate, and the infectivity rate. Normal flu is about 0.005%, estimates on this are about 1%, assuming that your country can rapidly expand its Intensive Care Units to handle the influx. R is estimated between 2-6, evidence in the l
254.
by neffy 7y ago
Keeping a stock of non-perishable food is always good advice, some means of purifying water (visit your local camping store), a hand crank radio/light. That's about it. For the rest, we are all essentially about to be victims of m
255.
by neffy 7y ago
Not sure why you're getting down voted - this is all quite correct. The Chinese Government's response in and of itself speaks volumes about what the situation on the ground must be, and completely contradicts their own numbers. I
256.
by neffy 7y ago
Fundamentally this is a Fisher consensus issue. To solve any Fisher consensus issue, all you need to do is create a synchronisation point - which is what the server becomes.
257.
by neffy 7y ago
I think it's a perfectly valid question, although the wildlife market is equally valid on the evidence we have. We know that the Chinese Government is hugely overreacting to public information at this point in time - terrible as the pu
258.
by neffy 7y ago
The stock market doesn´t generate wealth, it prices second hand (for the most part) company ownership coupons. Inventing new technologies creates wealth. Building, constructing actual objects such as cars, clothes, computers, medicines crea
259.
by neffy 7y ago
To err is human, to forgive divine, to fix immortal.
260.
by neffy 7y ago
I do the same (over in comp sci.) - usually the journals will let you put pre-print articles up on arxiv, researchgate, and web pages, and then the final article - sometimes with added spelling mistakes - many of the journals have off shore
261.
by neffy 7y ago
Quite possibly, but they are also quite correct - you cannot scale a full mesh network to anything remotely resembling the capacity required, it has to be some kind of sharded, p2p topology. At which point, and the irony here is quite profo
262.
by neffy 7y ago
The mining is also pretty centralised these days: https://www.buybitcoinworldwide.com/mining/pools/ And the Chinese company that produces the most asic miners (Bitmain)... also runs a mining pool. Gambling. In a C
263.
by neffy 7y ago
Multiple cultures have legends of great floods wiping out civilisation... for which one candidate common ur-event is the sudden sea rises at the end of the last glacial period. Which if true would put legend persistence at at least 12,000 y
264.
by neffy 7y ago
I would beg to differ. China introduced loan securitization back in 2005 - and so there´s a quietly ticking time bomb there, similar to 2008´s US crash, that will eventually go off.
265.
by neffy 7y ago
For hyperinflation risks - keep an eye on your countries money supply, specifically the total amount of money held in bank deposits. This shouldn´t be growing at more than 6-7% a year. If it is, owning gold or a stable currency growing less
266.
by neffy 7y ago
The website hasn´t changed and notably hasn´t improved in over a decade. The customer feedback has gone from being the reference for buying products to only being able to trust the 1 star reviews. It´s flooded with stuff relayed from Chin
267.
by neffy 7y ago
What he did should be illegal - and maybe one day it will be - but right now there are no laws against this. If there were, a lot of very rich people - who have exploited this particular loophole would need to be prosecuted...
268.
by neffy 7y ago
Don't know why you're getting downvoted - this is exactly the correct analysis - the only missing part of the jigsaw is the pension crisis that will get triggered, when the investors in that sector don't get the returns they&
269.
by neffy 7y ago
Markets can be gamed just like anything else. In this case, companies are exploiting a short term feedback loop around taxation and share price, to funnel money into the executives and primary share owners. In the long term -- the next cras
270.
by neffy 7y ago
Whilst in the US I snapped the tendon on my little finger. When you do this the little finger just hangs there and you can´t do anything with it. US hospital did a terrible job of splinting it, told me to come back following day to see a su

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