Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror

Comment Re: Imaginary assets like hallucinations? (Score 1) 56

For "occasionally", do you mean "most of the time"? Who's regulating derivative markets, and do they create well-intentioned unintended consequences because regulators don't really understand what's happening?

If Zoltan Poszar is right that "shadow banking begins where M2 ends", by how much does privately-created money dwarf public money?

Comment Re: Imaginary assets like hallucinations? (Score 1) 56

Can I recommend Perry Mehrling's "Economics of Money and Banking" to explain how banks create money out of thin air ("the alchemy of banking") and the Fed easily has the power to backstop all that private money creation in a panic?

https://www.coursera.org/learn...

Comment Re: It won't matter once the power goes out (Score 2) 56

If you look at a Sankey diagram of US energy production and consumption, will you too see that residential electricity usage is less than 15% of total electricity demand? So does data center usage only represent a 5% increase in demand, which given the 10% electricity generation surplus shown on eia.gov's energy facts explained page, is totally doable given current production?

https://flowcharts.llnl.gov/si...

https://www.eia.gov/energyexpl...

So is this panic over electricity supply wildly overblown, a pure hallucination meant to push emotional scarcity buttons in you so utility commissions can administer higher rates and the public will go along meekly?

Comment Re: How much of the science (Score 1) 30

What if scientists started with the ethical principle "First, do no harm"?

If polluters are dumping toxins, can we engineer a financial solution to pay them not to?

What if scientists studied finance to fund compensated conservation rather than torturing animals to get cherry-picked data they can then use to punish other humans?

Slashdot Top Deals

Our policy is, when in doubt, do the right thing. -- Roy L. Ash, ex-president, Litton Industries

Working...