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Comment Re:Based on what? (Score 2) 888

Yeah...ask the Soviets or Cuba how that worked. (Or Venezuela if you need a more recent example.) Hell,. just ask Europe how that's going. (Looking at you, France.)

The Soviets and Cuba do/did not use European socialist capitalism. Europe is currently suffering from a terrible policy of having a currency union without a fiscal union, which is the proximate cause of their problems.

Comment Re:Wow (Score 1) 888

Nature does not pollute itself.

WTF? I mean seriously WTF?

Have you ever seen a volcano? Nature - polluting.

Check out the Great Oxygenation Event for even a better example; cyanobacteria produced so much pollution (in the form of free oxygen) that they killed off most other life on the planet.

Comment Re:Why do dictactorships have hyperinflation? (Score 1) 121

Let's say X is a constant, and is always equal to 5. It is not logically (or physically) possible to say "From now on, Y will be equal to X. But we're going to change the value of Y as we see fit.

I think there's an error, in that you're not using a consistent definition of "value". You can offer an official EXCHANGE RATE of, say, dollars to Argentine Pesos (and that's not really a random example), and then inflate a currency. In the long term, this doesn't really WORK, since everyone who can will just buy dollars with pesos and bankrupt your exchange office because there's no equivalent trade back to pesos, but it's not tautological.

Comment Re:Model X is the Wrong Model (Score 1) 155

Tesla should have concentrated on producing a credible hatchback, Volkswagen Golf competitor they could sell worldwide. If they could get a section of that market then things would change very rapidly.

Just like Nissan has with the Leaf? Or Mitsubishi with the i-Miev? Or Honda with the Fit Electric? Chevy Spark? Focus Electric?

There's a whole lot of competition in that market; I don't think it'd be unfair to credit Tesla's relative success with the fact that they DIDN'T try to do that.

Comment Re:Why do dictactorships have hyperinflation? (Score 3, Informative) 121

HEALTHY markets are zero or negative inflation. Take computer-related equipment: every year, you get more bang for the buck (even when you consider they're inflated bucks). That's called deflation.

No, no, no. You cannot parcel up "deflation" and "inflation" on a per-market basis, then use that to determine the strength or weakness of a currency.

A deflationary currency is a bad thing; you simply have to remember that an economy thrives on people buying things from each other, and breaks down when they stop doing so. It's a bit more complicated, obviously, but primarily you need to be concerned when people have an incentive not to do so.

Deflation causes a breakdown in this in that it becomes acceptable to get "returns" (i.e. increase in worth) for a currency by simple stuffing it in a mattress. This is very harmful, not least because it's a positive feedback loop; the more people stuffing currency in their mattresses, the smaller the money supply, and the faster the currency deflates. See the Great Depression for an example.

For nearly 300 years, inflation was essentially zero in North America, and we had a healthy economy (arguably the healthiest in the world).

If by "essentially zero" you mean "inflation and deflation of double-digits year over year", I suppose that's half-true. It doesn't make for a stable economy, though. And just for kicks, you should look for all of the "Panics" that happened in 19th century America, you might be surprised at the number and their severity.

We need to end the Fed, and re-instate a hard money standard. Just those two things would fix many of our ills.

This is very, very much not the case. Why do you think the "Great Moderation" happened? Why do you think that not a single nation in the world is using a "hard money" standard anymore?

Comment Re:Why do dictactorships have hyperinflation? (Score 1) 121

It's far past time we kicked these adherents of failed and discredited Keynesian theory out of government economics. Sadly, Janet Yellen, new Fed chief, is a staunch Keynesian and a fan of the "new" Phillips Curve, which was demonstrated pretty thoroughly to be wrong about 20 years ago.

Wait, what? The "new" Phillips curve has only been around since 1995, so I'm not sure how it could have been demonstrated to be wrong before then.

http://en.wikipedia.org/wiki/P...

We already have stagflation under Obama: high inflation (government inflation figures are just plain B.S.) and high unemployment.

What on earth makes you think we have high inflation?

Comment Re:Thought: different engine (Score 1) 734

Fair enough, but keep in mind that this is comparing with 1960s turbine technology; we have far better turbines available today.

Also, the turbine can spin at its optimal speed since it wouldn't be physically connected to anything, meaning optimal efficiency, no lag, and basically everything that was a problem about the Chrysler is made moot.

Comment Re:Verification Time (Score 1) 332

If I swipe my debit card today, the payment processor doesn't transmit actual dollar bills and coins on the spot. Over simplifying, the transaction is logged and my bank will guarantee to pay the seller at some point in the future.

For many transactions, I expect that Bitcoin will be used the same way.

This implies that Bitcoin will lose the only legitimate claim it has to being better than existing currencies.

Comment Re:First (Score 1) 405

Alas for the busybodies, there isn't really all that much evidence (outside the lab) that the use of cellphones is causing calamities on our highways.

Of course there isn't, how the hell would you prove that? Ask the person after a crash if they were talking on their phone when it happened?

I've been hit by someone who I'm pretty sure was talking on a cell phone. I've seen people on phones make incredibly stupid decisions in traffic, swerve into other lanes, go 10mph below the speed limit, etc. The only other time I've seen that is when people are eating or reading (yes, reading) in the driver's seat.

So there's anecdotal evidence, lab evidence, and a good reason for not having substantial real-world data.... why do you not think that it's happening?

Comment Re:First (Score 1) 405

So, what was the point of your comment? To say that having the fucking state dictate every single tiny detail of our lives is somehow better than living as free men, because there's a slight improvement on the odds you'll be alive for another couple of minutes? Or maybe you just get your rocks off denigrating the position of others? Dunno; I'm not you, and glad for it.

Here's my point, if I have one: Don't be such an unbearable pussy, that you feel compelled to dictate to others how they should live their lives. It's a real dickhead move, and frankly a lot of us are sick of hearing about how you feel there should be a ban or regulation on everything that scares you.

Fuckin' grow a pair, brah.

Geez, where did this come from? There've been huge improvements in auto safety over the last 40 years, and cars have fixed most of the obvious deathtraps. He was just pointing that out. Besides, children can't make an informed decision whether or not to take safety precautions.

People dying every day isn't a counterargument to "people shouldn't die needlessly".

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