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+ - Money and wealth: clearing up some serious misconceptions-> 2

Submitted by KDan
KDan (90353) writes "I am not an economist. However, most people misunderstand money and its purposes and uses so badly that I feel compelled to write out my understanding of it. Perhaps because I am not an economist, this might help some. The first and perhaps most important mistake people make is to confuse money for wealth. The more I earn, the more I realise that wealth is not money, but the ability to generate money (and other things of value). This is akin to the difference between saying "I am a dancer" (i.e. I have the ability to dance) and "I was a dancer" (i.e. I once had it but I no longer have it). Being wealthy is equivalent to the first statement, while having money is equivalent to the second."
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Comment: Re:Copper? (Score 1) 347

by TopShelf (#43895285) Attached to: Ask Slashdot: What Is the Future of Old Copper Pair Technology?

It's interesting to see how useful plain old ISDN still is. I write about hockey online, and end up listening to a lot of NHL radio shows & podcasts which feature guests calling in from all over North America. Our local TV announcer (Pete Weber of the Nashville Predators) has an ISDN line to his home specifically for this purpose, and as a listener you can really tell the difference when Pete's doing a radio segment as opposed to other guests who may be calling from a typical landline or (ugh) a cell phone. It sounds like Weber is right in the studio alongside the hosts.

Comment: Re:Pirates will still run rampant (Score 2) 224

by Monkey (#42662661) Attached to: WotC Releases Old <em>Dungeons &amp; Dragons</em> Catalog As PDFs

My question is who is getting the money for these PDFs. If the original authors are getting a percentage, great. If it's just going into Hasbro's general revenue, screw them. It's just a last ditch attempt to monetize assets that otherwise have little value to the company, many of which they didn't even produce.

Comment: Re:Sucks - Canadian Style (Score 1) 217

by Monkey (#42409411) Attached to: 'Connected' TVs Mostly Used Just Like the Unconnected Kind

I also messed around with Servio, Plex and some other open source DLNA servers. I found that the best DLNA option was Wild Media Server which will run fine in Wine on your Ubuntu box. That shit just worked with my Sony Bravia without a lot of hassle and the license for WMS is only 15 bucks.

Comment: Re:What the fuck (Score 2) 361

by Monkey (#41940341) Attached to: Ask Slashdot: Which Virtual Machine Software For a Beginner?

I've noticed this seems to be a chronic problem with the Gen-Y guys we hire. If they can't lean back in their chair and savagely click at shit with their mouse to get things working, they say it's "impossible" or "too hard". What ever happened to being able to delve into a problem to figure out the underlying cause? I'm sure they're capable of it, but I don't know if they just haven't been taught how to do this, or it's just simply that they're too fucking lazy.

Comment: Re:Thinkpads have their OWN style. (Score 1) 278

by MsGeek (#41048485) Attached to: The ThinkPad Goes Ultrabook &mdash; ThinkPad X1 Carbon Tested

Sounds like all the Thinkpads and most of the Apple lappies I've had over the years. The stickers are a bit different...mostly either political, Anime/Manga or F/OSS related. But yeah, not a business look, more "geek in the house" look. My new Lenovo Ideapad is still virgin...for now. But it will look like "Ms. Geek's current lappie" soon enough. X60T was a really nice machine.

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