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Comment: Re:Not so bad (Score 1) 571

by manu0601 (#47554461) Attached to: Satellite Images Show Russians Shelling Ukraine
Then since Donetsk's people handed over the flight recorder black boxes, you must be speaking about Ukrainian government that confiscated recordings of conversations between Ukrainian air traffic control officers and the plane. And the recordings may shed light on the reason why Ukrainian air control traffic sent the plane over a civil war zone while that was not its original flight path

Comment: Re:Not so bad (Score 1) 571

by manu0601 (#47554409) Attached to: Satellite Images Show Russians Shelling Ukraine

Well, when somebody invades a city, and you want to drive them out, how do you do it without shelling the city?

Except that this is civil war and nobody invaded eastern Ukraine cities; the one at fight are usual city residents.

Western Ukraine armies have no way to tell apart what is a fighter home and what is not. Do you suggest they need to destroy the whole city and kill and kill everyone to fix the problem?

Comment: Another invisible hand failure (Score 1) 192

by manu0601 (#47491669) Attached to: Amazon Isn't Killing Writing, the Market Is

Market invisible hand fails here, it seems better suited at destroying value than creating it.

And we even know why: market invisible hand theory relies on a few assumptions, one of them being that products are identical and that buyers' choices are only driven by price. Once we say that "book prices don't seem to be the deciding factor on whether someone reads a book", we know it will not work. If producing books is considered important, then the market should be regulated.

Comment: Re:Not actually accepting bitcoins. RTFA (Score 2) 152

by manu0601 (#47487795) Attached to: Dell Starts Accepting Bitcoin

The ECB created 1 trillion euros within 2 months to save the banks, while 30 trillions euros existed. Tthis is a 1/30 increase, this is rather huge.

I agree with you about inflation, but we are very far from the point where USD or EUR are dumped for other currencies. We live the opposite excess, in fact.

Comment: Re:Not actually accepting bitcoins. RTFA (Score 2) 152

by manu0601 (#47487205) Attached to: Dell Starts Accepting Bitcoin

if the government thinks it's a good idea to create itself an enormous amount of new money, that currency will likely fail.

Not always. Central banks created huge amount of money to save banks after the subprime crisis, and it did not hurt the currencies. Economists tells us the increase of currency will not hurt when used during a depression, because it will not fuel prices increases.

"Go to Heaven for the climate, Hell for the company." -- Mark Twain

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