Amazon had other days this year with worse drops, towards the end of January and also in April. The current stock price is the same as it was less than a month ago. I don't really see why this is even a story.
It might have been a different story if UI designers didn't think every simple little thing demanded the users exclusive attention and acknowledgment right now.
In my experience: 's/UI designers/the customer/'
A single UI experience (fixed and fluid layouts) isn't the right way to think about it. Doing that ends in apps that work well for one device but not others.
Web design has already solved this problem in the form of adaptive and responsive design. Make your app conform to the space it is given. Windows 8 apps have this capability, where many provide a somewhat different (phone-like) UI when in snap view, i.e. when the horizontal space is limited.
Going one step further, I really like ideas like those promised in Ubuntu for tablets (http://www.ubuntu.com/tablet). It goes a step further by having the UI respond to the type of input that is available. Using a touchscreen gets a full-screen UI, add a mouse/keyboard gives you windowed UI, putting it on a TV gives yet a different UI.
(I'm thinking Windows Threshold is going in the direction of Ubuntu for tablets. But legacy apps will remain for many years, and that limitation will unfortunately stall some of the efforts to build an OS based on adaptive design principles.)
The US government has no legal authority to redistribute wealth.
Um... have you not heard of the welfare system? My solution is similar but without many of the overhead costs, without targeting industries that hire unskilled laborers, and without being subject to corruption and abuse.
I understand that you may have a problem with redistribution of wealth. Unfortunately for you, I doubt you'll ever see it removed from our government. It's political suicide. So wouldn't you at least agree with me that making it better and more fair would be a reasonable goal?
When I first heard the story, enough info had come out to assume it was an accident. The "rebels" had fired at a plane they thought was an enemy military plane. A huge inept tragedy, yes, but not a political maneuver.
But then materials were being withheld from public scrutiny. No admission of guilt. Looting the crash site and taking materials over to Russia. Propaganda. What could have been a simple footnote in the history of this conflict may now be a political turning point of war.
Then again, maybe they are hiding something we don't already know. That's the only competent reason for all of this secrecy.
Additionally, I think X should be supplied on a card showing the person's ID. It could be used only for specific basic needs goods and services, such as food, clothing, shelter, healthcare, child care, transportation, sanitation, education, and so on.
The government should never have the role of supplying anyone with luxuries, entertainment, and illicit activity. Those would still be bought using the employer-provided wage (so it's not like minimum-wage workers would never get to go to see a movie).
Punishing industries built on unskilled labor is my problem. It makes more sense to place the burden of welfare on the whole economy, via taxes, since the government is the only entity in the position to redistribute wealth.
In my vision, the government would supply the first $X of everyone's wage, and pays for it by increases in income tax. This gives a huge stimulus to unskilled industries founded on a large number of laborers. Now instead of having to pay everyone a minimum of $7.25/hour, they pay $7.25 - X.
I don't think we have to set X at $7.25. That would be no good as many industries would get free labor, and people would be hired on the government dime to just sit around and do nothing for 40 hours a week. Someone smarter in economics than myself would figure out X, but perhaps it would be something like $5/hour.
"Wouldn't Walmart and McDonald's just set their wage to $0 anyway, and make workers suffer with $5/hour? Isn't that going backwards?"
No, they would soon find themselves in a position of needing to compete for unskilled labor. (Whoa, the thought!) So they would add some wage on top of the government subsidy, and that would settle at a natural competitive level. That might be $4/hour or whatever as it fits their business model.
And X would adjust as needed over time to balance the economy.
You totally missed the point of my post.
I don't know why you got hung up on the word "the", when the point was to refute the assertion that a middleman is worthless. I never said it was a currency middleman or an asset middleman... and I don't disagree with your analysis... but that makes no difference to my argument.
From what I'm seeing at http://en.wikipedia.org/wiki/M..., the Federal Reserve did appear to create a larger amount of money than normal during that period, but not on the scale I meant with "enormous". I was talking about doubling the money supply in a year or two (or worse).
I agree that inflation helps the economy by driving people to spend money instead of hoarding it. A little more inflation during a depression is needed to offset the effects of the depression. But that only works to a certain degree. At any time if the currency inflates too much, other currencies will become more attractive (at least in the bank).
For all its faults, fiat currency is way more stable over time than bitcoin and its derivatives.
Are you seriously comparing the length of time most government currencies have been around to a virtual currency 5 years old?
Besides, government-backed currencies aren't immune to crashing. In particular, if the government thinks it's a good idea to create itself an enormous amount of new money, that currency will likely fail. (Something that doesn't happen with Bitcoin and derivatives because, by design, supply will be limited over time.)
No. Goods and services are not only traded using currency. They may be traded using other non-currency assets as well.
Where is the strawman you are arguing against that said the word "only"?
If anything, this demonstrates another example of how bitcoin will never catch on as an actual currency. It's a middleman at best
"Actual" currency is just the middleman to trading goods and services. So I guess dollars will never catch on either.
And the next one may not be so good.
And by this, I meant the next one may be another Hitler.
(In before "But Godwin!"... talk of Hitler is perfectly logical when the subject is dictatorship.)
We should never forget: Even if you feel the sitting President is the messiah in the flesh, can never do any wrong, and is sincerely and intelligently capable of making decisions that are the absolute best in every situation...
The powers you grant this President will be provided to the next. And the next one may not be so good.
And yet there are people who believe it so fervently as to dismiss rational thought and criticize those who are not in lockstep with believers. They turn to logical fallacies and hold ideals such as "You can't see it, you can't reasonably measure it, but it's coming and by then you'll be too late and you'll be doomed!"
No, doesn't sound like a religion at all.