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Comment Where we need to get to call this real (Score 1) 480

Before we call this real, we need to put one on some object in orbit, leave it in continuous operation, and use it to raise the orbit by a measurable amount large enough that there would not be argument regarding where it came from. The Space Station would be just fine. It has power for experiments that is probably sufficient and it has a continuing problem of needing to raise its orbit.

And believe me, if this raises the orbit of the Space Station they aren't going to want to disconnect it after the experiment. We spend a tremendous amount of money to get additional Delta-V to that thing, and it comes down if we don't.

Comment Re:Try again... 4? (Score 2) 226

Maybe RADIO had something to do with it......You know getting free music for almost a CENTURY...

Radio isn't "free." The radio stations had to pay the record labels, songwriters and artists for the music they played. In turn, they charged businesses money for - horrors - "unskippable" ads that you had to listen to. Or in the case of public radio stations, asking you for money directly to keep them on the air.

There is no free lunch.

Comment Re:/.er bitcoin comments are the best! (Score 1) 253

The Data from payment processors reflects spikes in spending with bitcoin when it goes through disinflationary bubbles however. Perhaps your Econ101 professor didn't understand everything?

Or perhaps he understood more than you, and those spending spikes reflect idiot speculators trying to unload bitcoins before they fall too far? Kind of like the spike in unloading any speculated currency or commodity when it starts to crash?

Also - honest question - you keep referring to "disinflationary." That's not a term I have heard before, can you explain where this term came from and how it differs from deflation?

Submission + - Who Are The One Percent of the One Percent of US Political Donors?

schnell writes: "In 2014, one out of every five dollars that was contributed to political candidates came from a group of about 32,000 donors — one-one-hundredth of one-one-hundredth of the population of the country," according to the Washington Post and two political watchdog groups. They have mapped (by party and by population) where this money comes from, and their potentially unsurprising conclusion: financiers in New York, oilmen in Texas and techies in the Bay Area are the biggest individual spenders. But is it the other 80% of money donated — from the Bible Belt, rural America and other places — that is heard more loudly?

Comment Re:Well... (Score 1) 108

With some optimism that might only be thousands of years rather than hundreds of Millions.

But it's only necessary for Earth to be uninhabitable for a short time to end the Human race. And that can happen due to man or nature, today. If people aren't somewhere else during that process, that's the end.

Comment Re:Twisted perception (Score 1) 185

Fair enough point. But the rationale for the gold standard I have heard from most proponents was that paper money "isn't real" and only has value as a more convenient way of, in effect, carrying gold around since it has "real value." (I also find more than a little irony in having met a few of these folks who are also major proponents of BitCoin and manage to swallow the cognitive dissonance nicely.)

If your rationale for supporting a return to the gold standard is keeping governments honest about their spending, then I find that much more rational. It just seems from historical example to be incompatible with promoting real economic growth, or dealing with expediencies (for example, financing World War I was the reason most countries got off the gold standard in the first place).

Comment It's time to fight back (Score 1) 636

I'm starting to think the only way to stop these companies from wholesale firing so they can replace everyone with cheap H1-B workers is to make them targets for massive cyber attacks. Not that I can do that. It's not my skillset. But if it ever does happen, I'm going to sit back with a big bag of popcorn and laugh my ass off.

Comment Re:Integrity much? (Score 1) 127

Yup. Fark is getting less fun ever day because Drew sold out. The very reason we go to fark is for the outrage and silliness. But all too often a moderator obviously born a Puritan steps in and ruins the fun.

Also, their moderators are idiots. When I called out someone who said something extremely racist and offensive, I got a 24 hour ban. When I complained the fucking moron of a moderator insisted the statement I referred to wasn't racist. Yes it was. It was extremely offensive to Filipino women. I know, because I asked my Filipino niece. Fark either needs to get moderators who aren't racist morons.

Comment Ubuntu's sins of commission (Score 2) 177

Canonical earned their black eye in spades by giving no advance guidance to their dual-head power users while knowingly ruining the dual head experience in the service of a reconceived user interface which might or might not be all for the best in the long run.

It was their blasted refusal to honestly inform their dual head power users that the dual head power user experience would be unavailable in Ubuntu for several releases so that we could plan accordingly that caused me to set the Canonical bit in my bozo register.

Comment Re: Elon Musk (Score 1) 108

Obviously I am missing something, then. Please fill me in on your better information sources. Email to bruce at perens dot com if you don't want to put them on Slashdot.

It's time to start planning another trip to Lompoc. The Motel 6 was sort of yukky last time. Maybe I'll try something else. There was an official visitor observation site that I found and got into last time, but that was for the Delta, and it was on Pad 4 if I remember correctly. This one is all the way on the other side of the base on Pad 7 or 8, isn't it? There are some farm roads that might be good observation sites if they are open.

Comment Re:Twisted perception (Score 2) 185

Nothing says you can't have inflation in a commodity currency (gold from the new world famously did so after all) or deflation. Nothing says the "value" is constant or not arbitrary or anything different from the perceived value.

That's not how it's supposed to work under the old "gold standard" that tinfoil hatters worldwide espouse a return to. Under the old method, you would peg your currency at "$4.75 = 1 ounce of gold" and that was expected to never change. Ever. Otherwise, what's the point if I can say a dollar is worth .00075 oz of gold today and .0008 oz. of gold tomorrow? Because that's pretty much how it works in the open exchange market today. Currency values fluctuate, the price of gold fluctuates - who cares if you can't force the government to give you gold for that dollar bill when you can always find someone to sell some gold to you in exchange for those dollars at the market price?

And the thing that caused everyone to get off the darn gold standard in the first place was not only that you could have inflation or deflation, but if you had deflation or inflation, there was nothing your country could do about it. And if you are deflating and you can't do anything to stop it, your economy is f$%&*ed.

Aside: For those wondering why economists are so scared of deflation, it's because it destroys the rationale for people to save and invest. If it costs $1 to buy a Big Mac today and will cost $1.10 next year, instead of just sitting on my leftover lunch money I should put it in a bank or invest it so that it makes money and I have enough cash for next year's Big Mac. If next year's Big Mac only costs $0.90, then why risk investing it? I will just keep it under my mattress and I have "made" money (more purchasing power) by doing so. Money in mattresses = banks have no money to lend to people who want to buy houses or start businesses = fewer jobs = vicious cycle of economic misery. This, by the way, was what clobbered the world economy during the Great Depression (along with all the banks that collapsed and ate everyone's savings account, making everyone very nervous about putting their money in the bank).

And there's no such thing as "not enough gold". If you moved the world to a gold standard overnight and we pretend that the world economy doesn't collapse then there's enough gold - the value of gold relative to everything else sky rockets of course. And you use a use a representative currency not actual gold coins of course.

Even that doesn't really work though. In Rand Paul's Good Old Days of the Gold Standard, when the world economy was probably 1/50th(?) of today's size but the supply of gold wasn't all that much smaller, you could walk into a Federal Reserve Bank with a non-ridiculous amount of bank notes and walk out with enough US-minted gold coins that you could trade it or do something meaningful with it. If we tied the world economy back to the gold standard at its current size, it might cost you $10,000 to get a big enough slice of gold that it wouldn't just disappear if you sneezed. And if gold is only useful in gigantic transactions far above the amount of cash most people can afford, what's the point?

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