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Comment Re:Inflation is different then market fluxuation (Score 2) 745

It may be finite, but if it's as much as currently exists it's going to have an impact, to put it mildly. Ask the Spanish what happens when a ton of gold is brought in.

However, this brings up another point. Before the establishment of the Fed, there were bank runs on a pretty regular basis. The Fed acts as sort of a shock absorber - what serves this function otherwise?

And remember, these panics happened while we were on the gold standard.

And another question: what would the value of gold have to be if it needed to cover all the money that currently exists?

Comment Software peer review (Score 1) 408

With my five seconds of thought,

It seems to me that if scientific papers were published with a series of standard meta data they could be submitted to software based peer review that could go through the published literature and look for inconsistencies, missing references, misleading statistics and other things that need addressing.

Sort of a semantic web for scientific publishing.

Comment Re:Amory Lovins is not credible (Score 2) 744

I did a quick skim, and it seems to conflate the idea of Lovins saying what 'could be' with what 'actually happened', which of course is comparing apples to oranges.

For example, from TFA:

"The piece predicted that if the U.S. were to embrace Lovins’s vision, by around 2005 more than a third of the country’s energy would be coming from “soft technologies,”"

Then,

"So how did Lovins’s prediction turn out?"

Huh? the US most definitely did not embrace his vision, so of course the prediction is void.

There's a bunch of that kind of stuff in there. Try again.

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