Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).


Comment: Re:or simpler (Score 1) 716

by ahodgson (#49030879) Attached to: Is Modern Linux Becoming Too Complex?

Yeah except now it's a single binary with 100 configuration files. Half of which just run a shell script anyway, because you need one to get the job done.

And I don't even mind that it replaces init, init sucked, but that it's that it's hijacking ntp, login control, syslog, cron, and any number of other tools that just worked before systemd.

Comment: Re: Honestly... (Score 1) 328

by ahodgson (#48925609) Attached to: Valve's Economist Yanis Varoufakis Appointed Greece's Finance Minister

Yes, I meant exactly what I said. Without constant inflation, you could save money from working and retire on it. With inflation, you are instead forced to invest that money, generally in financial instruments, and hope that it grows at least as fast as inflation (plus whatever taxes and fees you get charged for the privilege of having your money keep up with inflation). Inflation therefore punishes savers.

The rich have much greater access to and control over productive assets. They control the financial sector, which gains most of the benefits of saver's money being forced into investments. Constant inflation is the largest cause of growing wealth inequality.

Comment: Re: Honestly... (Score 1) 328

by ahodgson (#48918057) Attached to: Valve's Economist Yanis Varoufakis Appointed Greece's Finance Minister

If you consistently increase the money supply faster than the rate of economic growth, people stop thinking your money is legitimate. Economists call that inflation, and it's used to devalue non-productive savings and make borrowing cheaper, which combined means it's just a way to make rich people richer. It screws everyone else and eventually the inevitable result is a currency crisis.

Comment: Re:This doesn't sound... sound (Score 1) 328

by ahodgson (#48917407) Attached to: Valve's Economist Yanis Varoufakis Appointed Greece's Finance Minister

Borrowing and spending only makes sense if the borrowing leads to enough additional income in the future to justify paying off the interest on the loan. That generally means infrastructure spending, for infrastructure that is actually needed to create real growth.

Borrowing for anything else just makes you poorer in the long term.

Comment: Re:Lets blame google! (Score 2) 197

by ahodgson (#48905573) Attached to: Google Handed To FBI 3 Wikileaks Staffers' Emails, Digital Data

Good luck with that. Ratings agencies can't even give an honest appraisal of the country's debt without getting dragged into lawsuits and being forced to fork over billions of dollars in penalties. Any company that actually defied the police state would be out of business within a week.

Comment: Re:The Dangers of the World (Score 1) 784

by ahodgson (#48858389) Attached to: Parents Investigated For Neglect For Letting Kids Walk Home Alone

At 10 I could bike anywhere I could reach. I had my own boat, and a gas account at the marina, and would frequently be out all day.

I usually bussed to school, because it was a couple of miles, but I could and did walk or bike it fairly often.

I'm astonished at how coddled most children are, these days. No wonder everyone's scared all the time.

There are two major products that come out of Berkeley: LSD and UNIX. We don't believe this to be a coincidence. -- Jeremy S. Anderson