vegabook

63 ms·

601.
by vegabook 11y ago
oh brother. Let's wake up here. There is a surplus of "savings" in the world because since the crisis 3.5 trillion of debt-soaking cash has been printed at off-market prices by the fed, 1.5 trillion is currently being printed
602.
by vegabook 11y ago
who argued that defaulting was immoral? My point was entirely that default is necessary, healthy, and should have been allowed to happen.
603.
by vegabook 11y ago
hmmm. I thought I'd be criticised for being left wing but whatever. The alternative is what has been the alternative forever in banking bailouts. Bankrupt the bad banks, temporarily use fiscal policy and more, actual infrastructure inv
604.
by vegabook 11y ago
"Helicopter Ben". I rest my case. You see, the main issue is not so much about sprinkling money around. It's that you're unfairly discriminating against the vast majority of medium/poor-credit people, while giving f
605.
by vegabook 11y ago
machine code looks pretty much like the "essence of computing" to me, and that's about as far as you can get from functional programming. I think I would agree with you more if you meant the essence of computer "science&
606.
by vegabook 11y ago
This policy is infuriating because we all know that the people who need access to credit cannot get it at anything like policy rates. They're credit-quality constrained and so borrow at 15% (if they're lucky) on their credit card,
607.
by vegabook 11y ago
To be fair this is mainly a dutch disease style issue. Taiwan was a dominating player in PCs in the 90s, not only under its own brands but making a large percentage of US-company branded products too. Since this was a cash cow, they failed
608.
by vegabook 11y ago
Personally I quite like the polar coordinates, though it's a pity that by convention, a watch face only holds half a day, as we would otherwise have a nice mapping of generation time to a watch-face equivalent. My nitpick is that this
609.
by vegabook 11y ago
Whatever you say about Zuck, this is a nice post. Down to earth, real, warm. I also can't help but appreciate the non-prevalence of designer stuff and furniture everywhere in the photo, despite his net worth. Thanks Zuck. You've n
610.
by vegabook 11y ago
because the low risk, high-audience strategy, when you're launching a new product, is to follow the path of least resistance, rather than being dogmatic. Maximum audience.
611.
by vegabook 11y ago
My problem with this post is not its factual accuracy. It's factually accurate, downright impressive. My problem is with its premise. That premise is that Python 2.7 people need to be somehow educated. To be shown some kind of light. I
612.
by vegabook 11y ago
This is true and incomplete at the same time. It's true that 3 is happily happening for many people, effectively and without fuss. But it's incomplete to pretend the schism is not an issue; not to try to understand the pro-2.x poi
613.
by vegabook 11y ago
Well, swaps will not move south any faster or slower than treasuries, usually, but the former will be a leveraged instrument so will tend to force the holder's hand to close much more quickly. Generally I did not intend my post to exon
614.
by vegabook 11y ago
Here is the perfect opportunity to clarify a misconception. Swaps != debt. Swaps do not create a liability/asset unless interest rates move , and even so, most of the swap contracts will then nullify one another. Most banks admittedly
615.
by vegabook 11y ago
> I assert that it is possible to have a multicultural society without having large swaths of population who want to do others harm. I (wish) that it is possible to have a multicultural society without having large swaths of population
616.
by vegabook 11y ago
there is indeed an argument that says that daily mark-to-market (with collateral reconciliation) nullifies all but the very wide tails of the distribution. So the 6-sigma risk is paradoxically increased on daily liquidity, because you'
617.
by vegabook 11y ago
Agreed. But lending to a riskier counterparty for 24 hours is usually going to command a lower risk premium than lending to anybody, even the US government, for 10 years. That's the essence of the story here. You make a valid point tho
618.
by vegabook 11y ago
apologies. It's not obvious because the jargon is opaque (though I still question why, if it's not understood, it's upvoted to page 1). In swaps, as the word suggests, you must pay (the prevailing short-term interest rate) ev
619.
by vegabook 11y ago
let me make it perfectly clear. Lend money for 24 hours is less risky than lend money for 10 years. Does that make sense? On your point about finance being complex. This is Bloomberg writing the story. They of all people should know. And th
620.
by vegabook 11y ago
This is the second time in a week that we're falling all over ourselves wondering why swaps are through Ts. It's not hard: IRS is collateralized, Treasuries are not. With IRS every 3 (or 6) months, you have to cough LIBOR in order
621.
by vegabook 11y ago
fair enough. By contrast it seems to support clusters.
622.
by vegabook 11y ago
History tends to support your conclusion, but most of the time high concentration of wealth leads to social instability and then (bloody) revolt, overthrow of whichever 1% runs the show at the time. Then the (+/- 70-100 year) cycle sta
623.
by vegabook 11y ago
and looks like Linux first class citizen.
624.
by vegabook 11y ago
agreed - though I'm somewhat saddened to see that this library doesn't seem to be getting the same positive reception (in terms of scoring / comments) as Tensorflow did yesterday. Am I right and if so, is there a technical re
625.
by vegabook 11y ago
Because that's when even the bears have been stopped into longs.
626.
Nvidia announced Jetson TX1 64-bit arm development board(anandtech.com)
4 points by vegabook 11y ago|0 comments
627.
by vegabook 11y ago
seems like the browser is becoming another virtual machine.
628.
by vegabook 11y ago
Yes - I have also moved (a holdout library was ported recently). I even liked it. But here I am thinking about moving backward again after having crossed that rubicon. Three's problem is that even if 95% of stuff is on it, basically 10
629.
by vegabook 11y ago
I agree that tensors are often used simply as a convenient representation for multiple lower-dimensional objects. I suspect that is because there is still plenty of value in many fields, including mine, in exploring scalar, vector, and matr
630.
by vegabook 11y ago
hmmm. Google does not seem to agree. Your assertion is a wish not a fact. Dogmatic 3.x people are being shown, yet again, the uncomfortable, brutal truth, that 3.x is not happening in science. Seriously. If you're advising someone cons

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