99 karma · joined June 24, 2021
2. This is one of the (many) side assumptions that are worth discussing.
There are many assumptions around this you could argue about, but he’s directly addressing the original statement (which was also simple, and did not explicitly include the assumptions either).
I agree they are talking past each other - a lot of this is more related to marginal cost differences than anything else imho (basically how leveraged the value of my labor could practically be).
Unlike something like Rust, which has much fewer users (though growing) and requires PhDs in Compiler Imprecation and Lexical Exegetics.
Or C++ which has a much larger installed base but also no standard distribution method at all, and an honorary degree in Dorsal Artillery.
My assembly has definitely rotted and I doubt I could do it again without some refreshing but it's been replaced with other higher-level skills, some which are general like using correct data structures and algorithms, and others that are more specific like knowing some pandas magic and React Flow basics.
I expect this iteration I'll get a lot better at systems design, UML, algorithm development, and other things that are slightly higher level. And probably reverse-engineering as well :) The computer engineering space is still vast IMHO....
Lots of hardware has decent hardware integration with live - a push might be interesting…
If they are worried about this… either mandate some third party do the estimate, or mandate the study. This is just confusing.
() - of course I haven’t read the actual law or ruling yet…
From your earlier post: > Frankly I suspect that if prices go down all else equal most people will be better off and able to afford more stuff. Wild take, I know.
As you mention above, this isn't likely to actually be that different.
But:
>In practice though inflation policy is typically masking money printing projects or policies that destroy wealth
Inflation rewards moving money into goods, and deflation rewards moving money out of goods. Generally, an economy where money moves around is better than one where it sits idle. Yes, it does penalize saving cash (), which offends many puritan mindsets (including mine), but it rewards risk-taking and committing your currency towards capital, both of which tend to make the economy more productive.
() - So, if your 'wealth' is in currency, then inflation does devalue your wealth. But if your wealth is in capital, that capital should fluctuate with the currency, and inflation doesn't devalue that.
It's been less clear to me whether federal agencies are obligated to spend money that congress has authorized.