userbmf

4 ms·

1.
by userbmf 12y ago
It amazes me how Canadians and Americans love the royal family, yet the whole point of North America was you had access to land and could escape the crushing serf-like structure found in the UK.
2.
by userbmf 12y ago
Have you read Ghost in the Wires? Mitnick was insatiable.
3.
by userbmf 12y ago
Agreed, never going back to french press.
4.
by userbmf 12y ago
Hmm. Debian only has 3.14.5. Frustrating. Ah wait unstable has it...
5.
by userbmf 12y ago
100% agreed, reading this is like being 8 and walking down a path with your hero holding your hand explaining about whatever is mystifying you. It's that pleasant.
6.
by userbmf 12y ago
I don't think it does apply to p2p loans. When I save $100 with a bank I retain my demand deposit - that $100 is still "there" for me. That is the multiplier effect (though that model has other flaws). When I borrow $100 from
7.
by userbmf 12y ago
surely p2peer is just that. If I have $100 and you want to borrow $100 I lend to you. I get a rate of return on this and the p2peer company take a cut on that rate for being the middle-man. They don't act as guarantor, if you fail to r
8.
by userbmf 12y ago
oops missed a zero, but you get the point, there is an order of magnitude between FRB and peer-to-peer like lending.
9.
by userbmf 12y ago
Market lenders aren't banks. They cannot use fractional reserve banking. If they take in $100 they loan out $100. A bank takes in $100 having loaned out $10K to satisfy reserve requirements 10% (likely less but keeping it simple). So i
10.
by userbmf 12y ago
http://www.themediabriefing.com/media/project_tmb/image/aver...
11.
by userbmf 12y ago
Is this simply because regular TV has advertising and advertisers want to target the people with the most money? There is a huge gap in wealth between generations thanks to debt via housing and education. Are advertisers putting pressure on