ralph84

28 ms·

451.
by ralph84 5y ago
Trillions: https://www.federalreserve.gov/monetarypolicy/bst_recenttren... The rich: https://www.cnbc.com/2021/09/17/fed-officials-owned-securiti... - Powell held between $1.25 million a
452.
by ralph84 5y ago
It never does. This is just accelerating the pandemic-era wealth transfer that started with the rich getting trillions to prop up their assets while everyone else got $600.
453.
by ralph84 5y ago
This is just an instance the carry trade[0]. Borrow at a lower rate and lend at a higher rate. Works great until an event causes it to reverse and it all falls apart in a liquidity crisis. Then come the bailouts. [0] https://en.w
454.
by ralph84 5y ago
Yep. Some companies handled pandemic cancellations much better than others. Never forget(tm).
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by ralph84 5y ago
The elite don't really care if the poor and middle class trade places with each other. They don't even care if the middle class disappears entirely. They just absolutely do not want the poor or middle class joining them in the eli
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by ralph84 5y ago
This is an area where Apple is way ahead of everyone else. A code change that increases power usage 25% wouldn’t make it past CI at Apple.
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by ralph84 5y ago
Indeed. Though I wonder how many of the “big tech profits from open source and doesn’t pay the maintainers” complaints are from actual maintainers vs. observers with a general axe to grind against big tech.
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by ralph84 5y ago
Indeed, in pro sports even average players earn more than their head coaches/managers.
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by ralph84 5y ago
Yep, I turned them all off after one too many covid alerts.
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by ralph84 5y ago
> I'm still flabbergasted that the original maintainers are rushing around trying to patch these problems. If the RCE had been responsibly disclosed instead of via tweets and PR comments, maybe there wouldn't have had to be so
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by ralph84 5y ago
It's a bit dubious that paying maintainers more will make them write more secure code. Certainly professional developers who write closed source have produced plenty of vulnerable code in exchange for their six-figure salaries. If you&
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by ralph84 5y ago
> no one -- especially corporate users -- gets to complain Do corporate users of open source really do all that much complaining without contributing? IME the people with the biggest complaint/contribution ratio in open source proje
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by ralph84 5y ago
At their valuation 20-30% is literally billions of dollars. You can buy a lot of ads with a billion dollars.
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by ralph84 5y ago
Rising interest rates + rising house prices = fewer mortgage applications
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by ralph84 5y ago
> the new Arm would be disincentived to innovate in any area that negatively affects Nvidia businesses If the standard is "they don't compete against each other now, but would be disincentivized to compete against each other in
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by ralph84 5y ago
I said shopping, not working there.
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by ralph84 5y ago
Do you have any evidence of a significant covid outbreak being traced to grocery shopping?
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by ralph84 5y ago
So 83-98% of people are unsatisfied with life regardless of what country they're in. Maybe humans have evolved to be unsatisfied because those who are unsatisfied have outcompeted those who are satisfied.
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by ralph84 5y ago
Well of course politicians don't say they're pro-slavery. They say they're pro-free trade because that's what the globalists who fund their campaigns pay them to be. That free trade with unfree countries leads to slavery
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by ralph84 5y ago
My girlfriend got hit with this one. According to her the scammer was very convincing on the phone. American accent. Empathetic tone. "Don't worry, we'll get your money back, we just need to make sure it's really you not
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Amazon Sued over Crashes by Drivers Rushing to Make Deliveries(bloomberg.com)
4 points by ralph84 5y ago|0 comments
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by ralph84 5y ago
Pre-pandemic it may have gone Zhengzhou-Anchorage and skipped the Korea stop, but pretty much all US airlines are now doing stops in Korea or Japan for their China flights to change the crew. The crew flies Korea-China-Korea and never leave
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by ralph84 5y ago
a16z solved this by making everyone a "partner."
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by ralph84 5y ago
Compliance with US export controls and sanctions isn't optional. That some companies are less diligent about it than others doesn't change the compliance requirements, and people can and do regularly go to prison for willful viola
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by ralph84 5y ago
Tesla's California factory was shut down for 2 months.
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by ralph84 5y ago
Hopefully we can use this failure of globalization to finally take a step back and acknowledge globalization has been a net-negative for the majority of Americans. Instead of trying to band-aid globalization to make a minority rich, how abo
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by ralph84 5y ago
How exactly would you propose Tesla address it? Put out a press release that says "you people are paying too much for our stock, stop it"?
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by ralph84 5y ago
Whether you believe SARS-CoV-2 came from a lab or not, the fact is the technology for engineering pandemic-causing viruses exists and hostile regimes have given no assurances that they won't continue to develop that technology, so we&#
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by ralph84 5y ago
More like: “we’re paid very well to represent the interests of the elite. The elite don’t like upstarts trying to join them via wealth accumulation so we design a tax code that makes accumulating significant wealth via working and saving im
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by ralph84 5y ago
So no discussion of the 1876 US Presidential election is allowed, despite everyone involved being dead and plenty of evidence of shenanigans.

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