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Comment: We need more inflation (Score 2) 548

by Artifice_Eternity (#38016866) Attached to: End Bonuses For Bankers

I don't have time to watch a 53-minute YouTube video, but in case you haven't been paying attention, inflation is not a problem in this country right now. Interest rates are at record lows. In fact, rates on some T-bills are negative. This means that people are paying the federal government for the privilege of lending it money.

We could do with a lot more inflation in the near term. It would accelerate economic growth, and it would cause the debt held by many middle-class people to shrink in real terms. This would be good for people with underwater mortgages, massive student loans, or big credit card or medical bills.

Strict anti-inflationism (and the idea that the system is secretly rigged to create inflation) is a viewpoint that tends to be held by gold bugs and other "hard money" obsessives. But inflation is mostly something that hurts people with lots of money. It doesn't hurt ordinary people as much, as long as their incomes keep pace with inflation in the cost of living, and as long as we don't have hyperinflation. And again, inflation actually helps people with debts.

From a macroeconomic perspective, the best thing that both the Fed and the European Central Bank could do right now to jump-start the American and European economies would be to significantly increase inflation.

Comment: Re:Not the end of HUMAN spaceflight...just AMERICA (Score 5, Informative) 365

by Artifice_Eternity (#36647464) Attached to: Can the US Still Lead In Space Despite Shuttle's End?

SpaceX has already sent an unmanned Dragon capsule into orbit around the Earth. They have a contract with NASA for cargo flights to the ISS, and are developing the manned version of the Dragon with an integrated abort system (see this video for a demonstration).

American spaceflight is NOT coming to an end. It's just not going to be a NASA monopoly any more.

Comment: Re:One Era Ends To Make Way For Another (Score 5, Insightful) 365

by Artifice_Eternity (#36647446) Attached to: Can the US Still Lead In Space Despite Shuttle's End?

Yep. SpaceX and Dragon are clearly the emerging future of American human spaceflight. This video is a pretty cool demonstration of how the system is evolving.

Armstrong, Lovell, and Cernan are -- knowingly or unknowingly -- lobbying for an old, failed model of government contracting, not for the continuation of the American space program.

The program continues -- it's just being done in a different (and from everything I can see, better) way.

Comment: Paging Davros! (Score 2, Interesting) 161

by Artifice_Eternity (#36641944) Attached to: Evolution Machine Accelerates Genetic Engineering

Mr. Davros to the white courtesy telephone, please:

Davros realizes that contamination from the nuclear and biological weapons used in the war is mutating the Kaled race, and artificially accelerates the process to examine the ultimate evolutionary end product. The mutations are weak and crippled: no more than one-eyed brains with tentacular appendages and with no hope of survival on their own. His solution is to remove all emotions pertaining to weakness, a category in which he groups such emotions as compassion, mercy and kindness, and place the mutants in tank-like "Mark III travel machines" partly based on the design of his wheelchair. He later names these creatures Daleks, an anagram of Kaleds.

Comment: When Apple screws you, it's always your fault (Score 4, Insightful) 443

by Artifice_Eternity (#36573560) Attached to: Is Final Cut Pro X Apple's Biggest Mistake In Years?

I love how Apple cultists ritually denounce anyone who dares to want to do something that Apple doesn't allow them to do.

When I bought my MacBook Pro a couple years ago, only a few weeks after Apple stopped shipping them with S-video ports, I was surprised, to say the least. The new video-out port was something I'd never heard of (MiniDisplayPort), that only Apple was using. I bought a $30 MiniDisplayPort-to-VGA adapter (from Apple, of course)... but it turned out that this wouldn't work with most VGA devices, because it wasn't actually converting the digital signal to analog. So I had to buy an actual powered converter box to get my video output into a format I could use with any monitor, TV, or projector that I had access to.

The attitude of the "Geniuses" at the Apple Store was completely arrogant. "No one uses S-video any more -- it's out of date. Why would you want to use an obsolete standard?" It wasn't obsolete a few weeks earlier, apparently -- but when Apple declares it so, it instantly becomes so.

Comment: Cycling in NYC (Score 1) 176

by Artifice_Eternity (#36494050) Attached to: Amazon Tests a Home-Delivery Service For Groceries

> I'm curious to see walking, transit and cab use mentioned but cycling left out; is utility cycling uncommon in New York? If so, could you speculate as to why?

A few people do it, but it's not all that common. For one thing, as another commenter said, full-size supermarkets are fairly rare; we mostly have corner groceries, and some undersized supermarkets. Upscale chains like Whole Foods and Trader Joes are starting to penetrate the city, but they still serve relatively few people, mostly in certain Manhattan neighborhoods.

About bikes specifically: NYC has not traditionally been super-friendly to bicyclists. I give Mayor Bloomberg and his transportation commissioner credit for massively expanding the bike lane system over the last decade... but they've now encountered so much pushback (mostly from car owners and NIMBYs who just don't want anything changed) that the expansion has slowed to a crawl.

The NYPD is now doing a lot more ticketing of cyclists. Frankly, a lot of this is deserved. I support cycling, and the expansion of bike infrastructure, but I constantly see NYC cyclists flagrantly violating traffic laws and endangering both motorists and pedestrians. Some cyclists here seem to think they have a special status than enables them to glide past everything and everyone else -- including red lights and stop signs -- and to charge thru traffic with impunity.

Basically, the city and the local cyclist community both have some distance yet to go before we have a mature, well-integrated bicycle culture here.

Comment: Re:It can succeed -- but it's a local business (Score 3, Insightful) 176

by Artifice_Eternity (#36492532) Attached to: Amazon Tests a Home-Delivery Service For Groceries

P.S. FreshDirect probably benefits from certain unique features of the New York City metro area -- not only the incredible density of the population, but the relatively low percentage of car ownership.

If my wife and I owned a car, we might go to the supermarket ourselves more regularly. As it is, we shop at various local mom-and-pop groceries ("bodegas" in NYC parlance) and a CVS drugstore that we can walk to in our Brooklyn neighborhood, and supplement that with FreshDirect orders every 2-3 weeks.

We have a couple of supermarkets within a 15-minute walk, but it's much easier to order the supermarket-type stuff for delivery.

There are very few places in the US with comparably low rates of car ownership. Even in other dense cities, it's much more common for people to own at least 1 car. Most of our friends in NYC (well-educated professional and creative types) are carless. Walking, public transit, and occasional cab use are more than adequate, and IMO, much preferable.

Comment: It can succeed -- but it's a local business (Score 4, Informative) 176

by Artifice_Eternity (#36492470) Attached to: Amazon Tests a Home-Delivery Service For Groceries

Some packaged grocery items can benefit from national distribution and shipping, but lots of stuff -- produce, meats, cheeses, prepared foods, etc. -- need to be staged (and in some cases, sourced and/or prepared) locally, in a refrigerated facility, then delivered in refrigerated trucks. That means this kind of service will only be available in places where Amazon invests in infrastructure to support it. And that probably means denser metropolitan regions, where there's enough of a customer base in a small area to make the investment cost-effective.

There's a grocery delivery company called FreshDirect that services the NYC area; I've had good experiences with them. But they've been refining and building their business for years. Originally they only served certain neighborhood in Manhattan (their main warehouse is in Queens, just over the 59th St. bridge from midtown Manhattan). Now, years later, they have expanded to serve all 5 boroughs, and some areas outside the city. But this expansion was very slow and deliberate, as they built up their capacity, trained their workforce, etc.

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