No, printing money (QE, inflation, what have you) is absolutely NOT a capitalist tenet. Quite the opposite.
We do not live in a true capitalist society anymore, although we still use the term, and so disparage it. Creditism would be better, since the government and federal reserve push debt/credit like its the way the world aught to work, instead of production, saving, and intelligent reinvestment.
This is what bothers me so much about the new anti-capitalist push. Sanders is right about the banks and Wall Street and the like, but he's dead wrong that capitalism is the problem. The problem is this perverse crony capitalist centrally planned insanity we've been living in.
And this is not a republican or democrat thing. Its basically just the way things have worked for a long time, highly accelerating when Nixon stuck the final nail in the gold standards coffin.
These ideas are more than just clever, they are exactly what is happening due to money printing and zero to near-zero interest rates. You restated the facts well.
As to those who claim QE ended, and other nonsensical ignorant claims, that is irrelevant. The money went to reliquify the broke banks' balance sheets, and so of course did not immediately leave their digital vaults. That takes time, and we are slowly (technically not at all slowely) watching the destruction of the dollar's purchasing power via mass inflation, beginning with the assets closest to the money printing spigot: real estate, stocks, fine art, and other elite assets.
This is simply not an accurate response, and you are comparing apples to napalm.
Apple/FB/etc do in fact make it difficult to switch - by adding value to their offerings. Users become more and more entrenched as they enjoy the benefits of new features. Oppressive governments, such as China, or any group committing espionage, promote specific paths by degrading opposing services. These are not related, and should not be confused.
One adds value (promoting healthy competition), the other uses coercive force.
I've been with them for two years or so and in the beginning I had a streak of problems but actually the last year has been rock solid. Today's problem did take two of our large sites offline for ten to twenty minutes, though others were fine.
I use a secret scheme that only I know. It works like this - I have one single long complex "base" password, which is no problem for me to remember, which has letters, numbers, caps, and symbols so all password checkers are happy. Then, for every site I change that password using my secret scheme. I won't say what mine is, but an example is that I change the 3rd character to match the 3rd character of the URL, and I add a character to the end equal to the URL's first character, but shifted right one column on the keyboard (V becomes B for example).
Basically it's one base password and one repeating scheme, that gives me a unique complex password on every site, that's easy to remember, and doesn't require any special software to maintain!
I want to back this up. Just shut it down, and move on. You learned a lot, and maybe next time you will make something that can actually make money and work full time on. Probably not. You'll most likely make something else that fails. That's ok. After that, maybe you'll make something else that can actually make money. Probably not. Rinse and repeat. Eventually, you may or may not succeed. But each time will be more successful, less confusing, and more enjoyable. I know because I've been there, and now I'm very successful. It's worth it.
You are 100% correct, and I've thought so since the day it was announced. I believe this extends to all wearables, such as watches. Apple intelligently chose to leave the camera off, which might be the most distinguishing feature, from a potential for success angle. I love the idea of both watch and glass, but would never wear glass purely due to the awkwardness it would cause to those around me. I can deal with a little nerdy. Afterall what's nerdy today can be fully acceptable in no time.
Thank you! This is the one point I very much disagreed with from this talk. His argument is that our logical brain, which is new, is first to interpret our environment but am pretty sure that premise is flawed. Our irrational, fast, animal side is first given sensory input and a chance to act on it... Fight, flee, flinch, do nothing... At which point the slower, newer, better evolved logical side begins to work through it and make rational decisions. This newer side is what truly separates us from the rest of the animals out there, and is what creates everything.. Society, self-awareness, inventions, everything.
Not to say instinct is bad. It's extremely valuable, and as Blink Theory pointed out so famously, has it's place as well.
But as you said, I agree it's bad advice to let one simply trump the other.
Creepy... That is the exact progression I had... Well, if you throw perl in there around the C/PHP part. What projects did you do with z80? I created the Usgard OS/shell with some stunningly brilliant kids from around the world for the TI85.
It sounds like you are referring to password hashing. Neither BLAKE nor MD5 should be used for password hashing. At the bottom of the article make sure to read his section "P.S. this isn't about hashing passwords"
It's really more like a bank shut down, or maybe the bank owner stealing everyone's money. If you had a dollar in your pocket it would be fine, but here it was deposited into a bank that vanished.
As an avid weight lifter out on a two month backpacking trip, this is just what the doctor ordered. Ya I could always just do the moves on my own but I am not as comfortable with body weight stuff as I am with a bar. 99¢ well spent!
There is no reason anyone would want a computer in their home.
- Ken Olsen, 1977
I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won’t last out the year.
- Editor of Prentice Hall business books, 1957
There's no chance that the iPhone is going to get any significant market share.
- Steve Ballmer, USA Today, April 30, 2007
I think there is a world market for maybe five computers. -- Thomas Watson, chairman of IBM, 1943
Ah yes, agreed. I meant purely related to the previous comment implying that keyboard literate users are the only audience for bitcoins. And so I meant that my uses are not knowledge about bitcoin regardless of their keyboarding skills, being that they are for the most part quite young.
But I'm definitely pleased to be educating millions of children about bitcoin. Actually it's all I expected when we began accepting it, but that is my way of showing my support. Just doing my part!
We recently began accepting it on our typing education websites http://www.Typing.com and http://www.NitroType.com, though to an unfortunately meager response. Hopefully between Zynga and Overstock Bitcoin begins to be accepted as a true medium of exchange.
The initial reaction was simply confusion and a lot of "what the heck is bitcoin??? is it paypal??", so the rollout really was more of a educational session than anything else.
We do not live in a true capitalist society anymore, although we still use the term, and so disparage it. Creditism would be better, since the government and federal reserve push debt/credit like its the way the world aught to work, instead of production, saving, and intelligent reinvestment.
This is what bothers me so much about the new anti-capitalist push. Sanders is right about the banks and Wall Street and the like, but he's dead wrong that capitalism is the problem. The problem is this perverse crony capitalist centrally planned insanity we've been living in.
And this is not a republican or democrat thing. Its basically just the way things have worked for a long time, highly accelerating when Nixon stuck the final nail in the gold standards coffin.