duschang27

Re:文言 – A programming language for the ancient Chinese on Thursday December 19, 2019 @10:58PM (#21841615)

Thank you for this. I never thought a javascript compiler could help me improve my Chinese reading skills.

Re:Artificial sweeteners linked to glucose intolerance on Wednesday September 17, 2014 @04:36PM (#8332236)

Abstract can be found here.

http://www.nature.com/nature/journal/vaop/ncurrent/full/natu...

Re:Going Through Y Combinator (YC S13): Lessons Learned on Tuesday March 04, 2014 @04:17PM (#7343227)

We got into YC before we had any customer, so it is possible. But personally, I would recommend that you wait until you have your MVP first. You don't want to spend half of YC building you MVP, since partners can't really help you defining your vision. What they are really good at is helping you optimize it.

Re:Kasparov and Thiel: Our dangerous illusion of tech progress on Thursday November 08, 2012 @09:41PM (#4760988)

I don't think he is arguing that the existing pace of scientific advancements are too slow. Rather the adoption of of these advancements need to be accelerated. The article is suggesting that the current investment strategy over-allocate resources to existing technologies, instead of developing new ones that better leverage the advancements in science.

Using the railroad system as an example, yes we have the technology to build trains that can travel 350kph, but how much of our resources are still being allocated to trains that only go up to 60kph compare to the more efficient alternatives

Re:Inflation is as logical as 1 = 2 on Sunday February 05, 2012 @11:42PM (#3556238)

and if the fed tries to lower the value of dollars to counter act this, wouldn't it ultimately dilute the profit of those who maintained the lower price? Thus starting the vicious cycle of price hikes

Re:Inflation is as logical as 1 = 2 on Sunday February 05, 2012 @11:40PM (#3556234)

But doesn't the federal reserve uses Consumer Price Index(CPI) to measure P. Looking at how CPI is measured, it doesn't seem like it has a strong correlation with M. Cost is directly related to M, but price is not. Under these circumstances, doesn't it encourage merchants to artificially up the sales price to maximize their profit, regardless of the cost?

Inflation is as logical as 1 = 2

Posted by duschang27 on Sunday February 05, 2012 @08:32PM
from the self-post dept.

Acording to Quantity Theory of Money, MV = PT.M is Money Supply.V is Velocity of Circulation.P is Price level.T is Transactions or Output.Assuming that V and T are determined, or fixed, P must increase as M increases.Economists call this "inflation"...But the logic seems flawedFor one, V cannot be determined. Think about the impact of Visa, eBay or Amazon. And of course, the hyper circulation...

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