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Comment Re:And where does the nitrogen come from? (Score 1) 279

At some point the lack of natural gas to make fertilizer is going to kill billions.

Even if we ignore that most nitrogen in developed world crops comes from nitrogen-fixing bacteria, it's still going to be a while before methane becomes scarce enough that we stop using it for fertilizer. After all, methane is cheap enough now that they burn it for electricity!

Comment Re:A little hyperbolic (Score 1) 288

What's hyperbolic about it? There are examples in various posts of people who stopped communicating with their loved ones because they couldn't figure out the new interface or who stopped receiving services for the elderly because someone put in a automated voice messenging system. We're turning into a society where computers are becoming essential for both getting things done and for connecting with each other. Bad and arbitrary UI changes break that.

Comment Re: Good for greece (Score 1) 1307

How much fake liquidity? I think it's reasonable to ask at this point whether things would be different in the absence of a large pile of QE by the US Fed and other central banks. I note that when Japan tried QE in the 90s, they didn't get anywhere with it.

Comment Re:That's still exactly what it was (Score 1) 234

Oh, I see, it's about farmers using water for their business, not individuals collecting water in a barrel under their roof.

No, it doesn't sound like you understand. No one in the US prevents you from using a rain barrel. Further, please recall that this thread was originally about the up and coming water-based hydraulic empire. I merely pointed out why that assertion was flawed.

Comment Re:Not kill the messenger ... (Score 1) 116

The cause as much grief as possible argument fails since he was not arrested or charged with anything.

What is your reasoning for that argument? What would be the point of arresting the researcher, if you didn't have anything to charge him with at the time?

Its way premature to cry censorship, its crying wolf as things stand at the moment.

Again, what is the basis for your argument especially given that you admit this is a tremendous imposition requiring such things as "buying new computers".

Comment Re: Good for greece (Score 3, Informative) 1307

My proposal: have the Fed fund a basic income at zero cost to taxpayers. The Fed could structure it under Section 13 (13) of the Federal Reserve Act, as loans to individuals with negative interest. Thus, people would be paid to borrow.

Inflation is how taxpayers would pay for this "zero cost" proposal and it wouldn't be zero cost in reality.

Indexation of all incomes to price rises eliminates any potential inflation tax.

My take is that it would just create elevated inflation, perhaps even hyperinflation - where the money in question has no use as a store of value.

Now the Fed should apply that power of creating unlimited liquidity

The Fed doesn't have that power.

Comment Re:Not kill the messenger ... (Score 1) 116

That's my point, with the caveat that its not really censorship since the goal is not to silence anyone but to investigate a crime.

Unless, of course, the intent of the effort was to silence the researcher in question. Then it is.

Again, all I'm saying is that its premature to claim censorship. As I said in the beginning all we can say for sure at this point is that it was rude to seize the equipment without asking for cooperation. Facts and opinions may change as more info unfolds.

But a kind of rudeness that routinely shows up when authorities want to make an example of someone.

Might be standard procedure to seize evidence without warning to prevent tampering.

It also might be standard procedure to cause as much grief as possible when someone gets inconvenient to the powers-that-be. What more could they be doing to this guy given their current powers?

Comment Re:Good for greece (Score 1) 1307

One size doesn't fit all, so it should come as no surprise that a currency made for industrial nations doesn't work so well for a tourist economy.

You're right, but not in the way you think. A common currency like the Euro works even better for a tourist economy than for an industrial one. The tourist can use the same money they use every day without losing money to parasites like money changers and some small time con artists. In other words, there are a vast number of small currency exchanges that are completely eliminated by the use of a common currency.

Meanwhile the industrial transactions don't depend on a common currency as much because the exchanges are less frequent, higher volume, and can be managed by a specialist in the business.

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