Comment Re:Mr Krugman is an Economist not to be dismissed (Score 1) 540
I just thought I would point out by this criteria, Jimmy Carter would also be a "President of note"
I just thought I would point out by this criteria, Jimmy Carter would also be a "President of note"
Note the GAO says it will save the GOVERNMENT billions of dollars. Ask yourself.. how is that possible?
Here is how it is possible. The GAO is projecting that the dollar coins will be stored in jars -- exactly because they are undesirable.
So here is how it makes the government money. Treasury creates coin. The treasury deposits coin with federal reserve effectively buying coin for $1 (treasury makes 98 cent profit or so), Coin is distributed to a bank, a bank gives a business, business gives it to a customer.. customer throws it in a jar for several years. Tada. The US government just made a dollar, hey, hey.
The cost of things goes down all the time. Look no further than the computer you are typing on.
If you adjust for inflation, you have to work to find examples of things that have increased in price.
If the cost goes down, supply at the previous price goes up (increase profits!). The increase in supply will cause the supply and demand curves to shift, and then you have a lower price.
Of course, this never works for insurance because humans are programmed for risk. So if you make the car safer, you make the human more risky -- risk homeostasis.
So here is the argument I've heard against HFTs: in most circumstances the buyer and seller would have found each and exchanged peer-to-peer less than a second later if the HFT didn't see the order and intercept it first.
This seems to be backed up by the fact they seem to purchase special data feeds from the market that gives them an earlier peek at the data than everyone else. When an HFT works between different exchanges to execute a trade, I can't see why anyone would see a downside.
Is there some value-add step I am missing there?
You must extract an IAP file for no reason at all, locate two windows binaries, and execute them... hmm.. sounds like a non-story to me.
If you ever want a phone call, strip telephone wire with your teeth. Someone will call, %100 guaranteed, and it will hurt. And whoever is in charge of making sure phone calls arrive when you strip wire with your teeth, does laugh. I swear the phone company has a "tooth" detection circuit and a list of friends to have call you when tooth contact is detected.
You, Mr. Coward, win the internet today.
Before TSA:
*Passenger seeing man attempt to ignite shoes* Hello kind sir.. I see you're trying to ignite an IED.. can I be of any assistance? I am so happy after not being groped by the TSA.
After TSA:
*Passenger seeing man attempt to ignite shoes* First I get groped in the junk by the TSA.. now you're trying to pull crap? *Passengers commence beat down*
How about the underwear bomber? None of the security schemes at the time or presently would detect that. What did stop him? Passengers.
In any case, if you're goal is just to blow up a plane, why just not blow-up a bus? Why not the TSA line? There are a million ways to inflict terror. The best way and only way to manage that risk in a free society is using intelligence.
The 9/11 strategy will never work again due to 1. Fortified cockpit doors 2. Most importantly, hostile passengers. The best you will get now is to blow up an airplane with a bomb and not use it as missle. There a million other vectors that a terrorist could use to kill about 300 people, not sure why air travel should be made such a pain for that. It's just a risk we have to manage. Also, if you figure in the fact that people are less likely to travel due to the invasive procedures at airports, the TSA has undoubtedly caused more deaths indirectly than the 9/11 hijackers.
Unlikely. The airlines know the security theatre is costing them big $$$. They will scale it back.
Actually.. yes they do have jurisdiction over you on the "public roadways." Google TSA VIPR. Its basically the most Orwellian government agency imaginable.
I just recently bought a monitor and SSD for around $800 from Amazon vs Newegg because the former's return policy is so much better. Bestbuy is really shooting themselves in the foot here..
Huh? Future markets are very much limited by supply and demand. At a given price, you'll only be able to purchase so many futures.
What futures allow is stockpiling oil in dollars rather than in actual physical oil. This can increase demand for oil because to meet those contracts you must have oil. However, it also serves to allow more actual oil on the market. If I'm Southwest and want to hedge my bets on oil I don't have to actually acquire and store 10s of billions of dollars of oil which would be off the market.
What is a single situation where the government knows exactly what to produce? And how would it ever be able to keep that number accurate, and further, why would the government doing that be better than the market?
Assuming its an insulated container surrounded by air. No heat can escape the container. I would imagine the cycle would look something like Metal -> Light -> Wall of Container -> Air -> Metal
Anyone can make an omelet with eggs. The trick is to make one with none.