kemofo · HackerTrans

The government has passed laws against insider trading, speeding, and murder, and I wouldn't say these things are "completely under the US government's control". The fed does what it wants, congress is powerless to stop it, even though there are pieces of paper with laws written on them.

kemofo

5 anni fadiscuss

Listen, son, it's the largest cartel on the planet. It's balance sheet expands and contracts arbitrarily b/c it's has a magic checkbook that can create money from nothing. They buy real assets of real companies to backstop prices that should be set my market forces and we're not allowed to know about it till long after the fact. Boy, I'd say that if most regular people knew how entrenched the fed was in their daily business they would want to know more than "It's a little PCAOB", which is a lie.

kemofo

5 anni fadiscuss

I don't tweet, bruh, and this is an adorable copy/paste of meaningless wiki headlines.

kemofo

5 anni fadiscuss

1. true 2. not true - you have this backwards 3. true 4. sort of true - the fed allows the exec a candidate list

kemofo

5 anni fadiscuss

I'm afraid this will be lost on most.

kemofo

5 anni fadiscuss

The irony of name "Federal Reserve" is that there is nothing Federal about it. The Fed is a completely autonomous private organization which controls the United States money supply.

kemofo

13 anni fadiscuss

I'm just finishing up a web based ordering and accounting system. Me and one other guy wrote it. It runs a $100,000,000 company, it keeps all the orders and books, day in and day out. It took two years of my life to write, I slept fitfully for most of that time. I doubted myself and my team mate (but he stuck through it and my doubt made me ashamed). Now that the system is up and running I'm extremely proud. But I know that 90% of the programmers I'll meet for the rest of my life won't even believe I did this. Very few people I've met can conceptualize the work effort required to complete a feat like this. This idea is lost on my generation of peers, it's gone and it's not coming back. The "me" generation is fundamentally lacking in this way. I mourn this a little every day b/c I can't relate my achievements to them, they just don't understand. They think I'm the one who needs to change...

kemofo

13 anni fadiscuss

If that's the shittiest project you ever worked on then you're a lucky guy. User's will use a software project for all sorts of political purposes that have nothing to do with you and it does nothing but f up the process.

kemofo

13 anni fadiscuss

"It allows the storage and retrieval of structured data."

Can you define datatypes for Excel rows and columns? Can you define constraints on the data? If you can then I say that data is on it's way to being structured. To me, Excel is good for a quick and dirty, but using it for reliable analysis is bad practice because of its fragility. But in reality, people use the wrong tools for the job all the time and their firms and clients pay the price. Excel is the standard in financial analysis I agree, maybe that's part of the reason our financial system is so fragile.

kemofo

13 anni fadiscuss

Excel is not a database.

kemofo

13 anni fadiscuss

Taxes reward those who don't produce and punish those who do produce. But, taxes are the price of living in an organized society. Also, there is no such thing as a free lunch.

Money isn't the problem, it's a lack of education about how money work that is the real problem. If you give poor or lazy people money it'll just find it's way back into the pockets of people who understand how money works (the rich). Even if we take everything from the rich, they'll just get it back because the average person, with no financial education, is incapable of preserving or creating wealth.

kemofo

13 anni fadiscuss

First you'll need to decide where you want to be and when that is, i.e. set some goals. Next, exhaustively assess your remaining skill set in order to figure out what you don't know. Third, devise a plan for getting to your goal. Last, be willing to alter the plan as you learn and grow.

This might seem oversimplified, because it is. The plan is simple, the reality of execution is not.

kemofo

13 anni fadiscuss

This is exactly backwards. But I think the author was trying to say something else and just messed up the title.

kemofo

13 anni fadiscuss

What a great lesson Nick has been offered by working there. He got the opportunity to learn what kind of employers aren't worth HIS time at a young age.

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