A use case that I found this very useful for is Drupal theming. I like using bower et al with my Drupal themes, and some of these shitty node modules have .info files for unit tests buried very deeply. This 1) kills performance of an in development theme 2) Makes Drupal think there are more themes than there actually are. Thanks for this.
no false it is this libertarian circlejerk that is so prevalent among technophiles on the internet that has it all wrong. every single modern currency is fiat, and the us does not somehow magically benefit from this fact. the us was able to reach the economic position it has from a combination of unique factors that largely stem from ww2. but what he wrote is so incredibly wrong and nothing but sensationalist rhetoric. all countries are going to be facing issues moving forward, mostly revolving around how to deal with the negative externalities that arise from 1) automation 2) the resulting increases in productivity. People who don't understand modern economics have been screaming that inflation is inevitable since bretton woods, but it is not going to come. the us will be fine, and will still be the world's second largest economy in 2030.
"Also, I've studied economics and been watching the economic situation. I've come to understand the real nature of the federal reserve and the fiat currency of the USA. The USA benefited greatly from Bretton Woods alls these decades, but a side effect of that is that the inflation that has existed in the dollar supply has been exported to other countries, giving americans an artificially better standard of living. This in itself is not bad, but it and our debtor economy are dependent on that money being kept out of the system by being locked up in vaults and pocketbooks and accounts of foreigners who want it because they think the dollar is a strong currency. Given the fact that our economy is faltering, but more importantly our government is spending like crazy (obama is worse than bush who was worse than clinton who was worse than bush who was worse than the very bad reagan who was worse than carter, it just goes on...) eventually they are going to be inflating so fast that the dollar loses its reserve status, and at that point, it won't matter that the US government is inflating because people will start dumping their dollars. We'll start seeing the effect of all those previous years inflation that was exported realized in the dollars in a rather short time. This is not a black swan event, it happens regularly, just not often enough that people remember its possible. But because of bretton woods, it will be much worse for the usa than, say, argentina."
This entire paragraph is horseshit and is what happens when your knowledge of economics comes from reading random shit on the internet. I'd start to tell you why you are wrong but it's so far from the truth it's "not even wrong."