Re: Hyperinflation!

2008-09-12 Thread Julia Thompson


On Fri, 12 Sep 2008, John Williams wrote:

>
>
> Julia Thompson <[EMAIL PROTECTED]>
>
>> How long is Anathem?
>
> 890 pages + about 40 pages of supplementary material at the back. I'm on page 
> 72.
>
>> If it's under, say, 800 pages, I might pick up a
>> copy at FenCon and have it read by Christmas
>
> Ah, well.

Well, maybe I'll look at it and weigh it (and I could do that in more than 
one way!) and at least think about it.  If I get my hands on a copy to 
look at on Friday, I may very well purchase by the time I leave Sunday.

BTW, anyone else going to FenCon?

Julia

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Re: Hyperinflation!

2008-09-12 Thread John Williams


Julia Thompson <[EMAIL PROTECTED]>

> How long is Anathem? 

890 pages + about 40 pages of supplementary material at the back. I'm on page 
72.

> If it's under, say, 800 pages, I might pick up a 
> copy at FenCon and have it read by Christmas

Ah, well.


  

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Re: Hyperinflation!

2008-09-12 Thread Julia Thompson


On Fri, 12 Sep 2008, John Williams wrote:

> "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
>
>> , I'm going to ask some questions that others interpret as setting
>> strawmen.
>
> I'm not saying don't ask, but I won't guarantee an answer. Although you 
> wouldn't
> know it from my posts, I actually wanted to discuss science fiction when
> I joined this list (I got a bit sidetracked, obviously). No one wanted to 
> discuss
> Greg Bear's latest book. I just started Neal Stephenson's new book,
> Anathem. I'm having a little trouble getting started, the beginning is a bit
> slow (heh, big contrast with Snow Crash). If you want to take a break from
> your work, you could always read Anathem and then discuss it here! :-)

How long is Anathem?  If it's under, say, 800 pages, I might pick up a 
copy at FenCon and have it read by Christmas

Julia

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Re: Hyperinflation!

2008-09-12 Thread William T Goodall

On 12 Sep 2008, at 18:21, John Williams wrote:

> "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
>
>> , I'm going to ask some questions that others interpret as setting
>> strawmen.
>
> I'm not saying don't ask, but I won't guarantee an answer. Although  
> you wouldn't
> know it from my posts, I actually wanted to discuss science fiction  
> when
> I joined this list (I got a bit sidetracked, obviously). No one  
> wanted to discuss
> Greg Bear's latest book. I just started Neal Stephenson's new book,
> Anathem. I'm having a little trouble getting started, the beginning  
> is a bit
> slow (heh, big contrast with Snow Crash). If you want to take a  
> break from
> your work, you could always read Anathem and then discuss it here! :-)
>

I just added Anathem to my Amazon wish list the other day. But first I  
have to read The Baroque Cycle which I bought a year or so back.

I might be some time Maru


-- 
William T Goodall
Mail : [EMAIL PROTECTED]
Web  : http://www.wtgab.demon.co.uk
Blog : http://radio.weblogs.com/0111221/

“Babies are born every day without an iPod. We will get there.” - Adam  
Sohn, the head of public relations for Microsoft's Zune division.

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Re: Hyperinflation!

2008-09-12 Thread John Williams
 "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>

>, I'm going to ask some questions that others interpret as setting 
> strawmen. 

I'm not saying don't ask, but I won't guarantee an answer. Although you wouldn't
know it from my posts, I actually wanted to discuss science fiction when
I joined this list (I got a bit sidetracked, obviously). No one wanted to 
discuss 
Greg Bear's latest book. I just started Neal Stephenson's new book, 
Anathem. I'm having a little trouble getting started, the beginning is a bit
slow (heh, big contrast with Snow Crash). If you want to take a break from
your work, you could always read Anathem and then discuss it here! :-)


  

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Re: Hyperinflation!

2008-09-12 Thread dsummersminet


-- Original message -- 
From: John Williams <[EMAIL PROTECTED]> 

> "[EMAIL PROTECTED]" 
> 
> > Well, my mom seems to have a trouble with new things. She has a far 
> > different 
> > way of looking at things, and when I try to explain them, she keeps on 
> > asking 
> > questions that don't lead to understanding. 
> > She isn't stupid, but at 88 she doesn't adapt well. 
> 
> Is your implication that she cannot plug in a cable and a power cord? 
No, it's subtler than that.  She can do such things for things she has been 
dealing with for the last 25 years.  But, she gets confused when its a _brand 
new thing_.  For example, she can handle a VCR but not a DVD, even though you 
and I see them as subsets of the same problem, they are wildly different from 
her perspective.  

>Is she  living  alone? If so, what percentage of women over 65 do you think 
>are similarly 
> incapable  and living alone? 
Many older folks are in that situation.  They don't want to lose their 
indepenence and new technology has long passed them by.  John McCain not being 
familiar with the internet is one example of this.


> I'm asking because the implication was about whether the government should 
> have 
> prevented the networks from switching over to HDTV in order that elderly 
> women 
> living alone who cannot plug in a cable and power cord (or have someone help 
> them)  are able to continue watching their old televisions. 

What will happen is that there will be a lot of upset older folks, most of whom 
should/do have folks they rely on (as does my mom).  She should be in assisted 
living, would be happier there (knowing her personality I know she'd have great 
fun socializing instead of being isolated) but clings to the familiar.
I'd argue that the real solution will be to have organizations that are in 
place that already help the elderly aided by the government (the rebate program 
should be most of the expense) in helping the elderly take advantage of the 
rebate program.  My mom has had cable for years, so I don't worry about her.

> > BTW, welcome to Brin-L. I have been the least liberal loud person on the 
> group, 
> 
> Thanks. Liberal loud :-). Nice description! 
Well, to be clear, it appears that you fit in well with the frequent posters 
and represent a voice/perspective that was lost when folks to the right of me 
(Eric, JDG and Gautam to name 3 I can think of) left.  I like a wealth of 
perspectives.  I'm taking a bit of time off in Duluth MN, now that I know there 
are folks who will take care of my house.  (It's win-win, the person who's 
doing it is an old family friend who lives in a mobile home and will invite 4 
friends who also live in mobile homes to stay at our house).  Her kids are 
taking in all the blowables from the yard, so I'm very happy with that.
I'm going to try to take time off to try to respond to your ecconomics email as 
a mental health exercise (going 14 hours a day working at my age is hard).  
When I do, I'm going to ask some questions that others interpret as setting 
strawmen.  They are not I'm just asking to set boundaries, since it's much 
easier to discuss a topic with someone when one has a general feel for their 
viewpoint.  
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Re: Hyperinflation!

2008-09-11 Thread John Williams


 Ronn! Blankenship <[EMAIL PROTECTED]>
> That said, it's hard to see how this forced change is about anything 
> else but money: 

No, it is not hard to see. A lot of people appreciate the benefits of HDTV,
as evidenced by the number of people with cable who are willing to pay
extra for HD service. Without digital broadcasting, people cannot receive
HD programming.

Given the limited amount of bandwidth available to television broadcasters,
it is not surprising that they would want to switch from analog to digital
to give many of their customers what they demand. The current situation
is clearly inefficient, where multiple copies of the same signal are broadcast
in analog and digital. Some of that bandwidth can be used more effectively
for other useful purposes. I think it is easy to see why the switch is 
occurring, and it is primarily because many customers want digital TV,
and secondarily because the current redundant broadcasting is inefficient --
in other words, people want to use some of that poorly used bandwidth
for other useful purposes.

> under a similar title but we also have enough wireless bandwidth 
> already for people to yak on the phone and even send and receive text 
> messages rather than paying attention while they're supposed to be 
> driving, so what else is needed in that area?

I certainly want more wireless bandwidth. I know a lot of other people
who do, too. I would like to be able to stream video to and from my
laptop wirelessly wherever I am, and that takes quite a bit of bandwidth. 



  

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Re: Hyperinflation!

2008-09-11 Thread Ronn! Blankenship
At 07:54 PM Wednesday 9/10/2008, John Williams wrote:


>Ronn! Blankenship <[EMAIL PROTECTED]>
>
> > Whether I am aware of it is less the point than whether little old
> > ladies living alone on Social Security need something else technical
> > to bother with.
>
>So, you think elderly women are too stupid to plug in a cable and a
>power cord? Good thing they have such a smart guy like you to
>to look out for them.


No, when they call me to come over and connect or troubleshoot 
something for them, I don't consider them "stupid" even in the cases 
where it turns out to be that simple.  Many of them know how to do 
things well that I don't know how to do well or at all.  Sometimes 
they offer to do something in exchange for what I do for them, but I 
never expect anything in return and nearly always turn it down.

That said, it's hard to see how this forced change is about anything 
else but money:  to eventually get everybody to have to buy new 
equipment and to subscribe to cable or satellite TV for a monthly fee 
around what one of those government coupons are worth, which is a 
significant amount for someone on a fixed income who doesn't really 
have any desire to have 500 channels.  And as far as bringing in more 
money to the government for "deficit reduction" (which is what the 
title and stated purpose of the bill mandating the change is) by 
auctioning off the portions of the spectrum freed up by the change, 
not only does have to wonder whether this will bring any more relief 
to the average citizen than anything else which has been implemented 
under a similar title but we also have enough wireless bandwidth 
already for people to yak on the phone and even send and receive text 
messages rather than paying attention while they're supposed to be 
driving, so what else is needed in that area?


. . . ronn!  :)



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Hyperinflation!

2008-09-11 Thread Jon Louis Mann

> Liberal loud :-). Nice description!

reactionary conservatives loud, sarcastic and obnoxious!~)
jon


  
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Re: Hyperinflation!

2008-09-10 Thread John Williams
"[EMAIL PROTECTED]" <[EMAIL PROTECTED]>

> Well, my mom seems to have a trouble with new things.  She has a far 
> different 
> way of looking at things, and when I try to explain them, she keeps on asking 
> questions that don't lead to understanding.
> She isn't stupid, but at 88 she doesn't adapt well.

Is your implication that she cannot plug in a cable and a power cord? Is she 
living
alone? If so, what percentage of women over 65 do you think are similarly 
incapable
and living alone?

I'm asking because the implication was about whether the government should have
prevented the networks from switching over to HDTV in order that elderly women
living alone who cannot plug in a cable and power cord (or have someone help 
them)
are able to continue watching their old televisions.

> BTW, welcome to Brin-L.  I have been the least liberal loud person on the 
> group, 

Thanks. Liberal loud :-). Nice description!

> Unfortunately, I'm way behind because my portable started 
> crashing every 4 minutes, so I had to rebuild it from the core while I was 
> trying to satisfy 3 clients and prepare for a trip to help out 
> family.just 
> as a hurricane may be bearing down on my house...sigh.

In reverse order of priority, I hope! :-) Good luck!


  

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Re: Hyperinflation!

2008-09-10 Thread dsummersminet


-- Original message -- 
From: John Williams <[EMAIL PROTECTED]> 

> 
> 
> Ronn! Blankenship 
> 
> > Whether I am aware of it is less the point than whether little old 
> > ladies living alone on Social Security need something else technical 
> > to bother with. 
> 
> So, you think elderly women are too stupid to plug in a cable and a 
> power cord? Good thing they have such a smart guy like you to 
> to look out for them. 

Well, my mom seems to have a trouble with new things.  She has a far different 
way of looking at things, and when I try to explain them, she keeps on asking 
questions that don't lead to understanding.
She isn't stupid, but at 88 she doesn't adapt well.  That tends to be a fact of 
life; it's becomes harder to deal with things that are outside the framework 
with which you've been doing just fine in for the last 60-70 years when 70 or 
80 years have passed.  
BTW, welcome to Brin-L.  I have been the least liberal loud person on the 
group, and it is nice to see someone who jumps in with both feet who appears to 
be to the right of me.  Unfortunately, I'm way behind because my portable 
started crashing every 4 minutes, so I had to rebuild it from the core while I 
was trying to satisfy 3 clients and prepare for a trip to help out 
family.just as a hurricane may be bearing down on my house...sigh.
Dan M. 
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Re: Hyperinflation!

2008-09-10 Thread John Williams
Andrew Crystall <[EMAIL PROTECTED]>


> It's certainly something I'd want to know about (and returns on the 
> voucher? No, not allowed so sorry) given that there are $50-60 boxes 
> which give a perfectly good image output.

Sure, I'd certainly pay $10 or $20 for a better box. Which model would you
recommend?


  

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Re: Hyperinflation!

2008-09-10 Thread Andrew Crystall
On 10 Sep 2008 at 18:47, John Williams wrote:

> 
> 
> Andrew Crystall <[EMAIL PROTECTED]>
> >
> > Yes, and you get what you pay for - in reviews, that box scored 
> > considerably lower than analogue TV.
> 
> Yeah, don't you hate it when free things are of poor quality? I always
> demand my money back.

So to summarise, I have to get a box because the government is 
switching over to digital TV, and the cheapest box actually reduces 
my image quality?

It's certainly something I'd want to know about (and returns on the 
voucher? No, not allowed so sorry) given that there are $50-60 boxes 
which give a perfectly good image output.

AndrewC
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Re: Hyperinflation!

2008-09-10 Thread John Williams


Andrew Crystall <[EMAIL PROTECTED]>
>
> Yes, and you get what you pay for - in reviews, that box scored 
> considerably lower than analogue TV.

Yeah, don't you hate it when free things are of poor quality? I always
demand my money back.


  

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Re: Hyperinflation!

2008-09-10 Thread Andrew Crystall
On 10 Sep 2008 at 10:03, John Williams wrote:

> Ronn! Blankenship <[EMAIL PROTECTED]>
> 
> 
> > Is it digital-ready?  As I've mentioned before, 
> > one way of looking at that is as a way that the 
> > manufacturers of the equipment and the providers 
> > of programming have come up with to get some more 
> > money out of those who have been living too long 
> > with a perfectly adequate (for them) 
> > over-eight-year-old TV with rabbit ears or a 
> > rooftop antenna which were long ago paid for.
> 
> Are you aware that HD broadcasts ("digital") are available
> and can be received by an old rooftop antenna? If you do
> not have a digital TV, you can get a digital/analog converter
> box. In fact, the FCC was offering a $40 rebate to anyone
> purchasing such a box (I think the deal may be over now, 
> but you can check with a web search). I remember at one
> point there was a converter box that sold for $40, so with 
> the rebate people could get the box for no out-of-pocket 
> cost.

Yes, and you get what you pay for - in reviews, that box scored 
considerably lower than analogue TV.

AndrewC
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Re: Hyperinflation!

2008-09-10 Thread John Williams


Ronn! Blankenship <[EMAIL PROTECTED]>

> Whether I am aware of it is less the point than whether little old 
> ladies living alone on Social Security need something else technical 
> to bother with.

So, you think elderly women are too stupid to plug in a cable and a
power cord? Good thing they have such a smart guy like you to
to look out for them.


  

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Re: Hyperinflation!

2008-09-10 Thread Ronn! Blankenship
At 12:03 PM Wednesday 9/10/2008, John Williams wrote:
>Ronn! Blankenship <[EMAIL PROTECTED]>
>
>
> > Is it digital-ready?  As I've mentioned before,
> > one way of looking at that is as a way that the
> > manufacturers of the equipment and the providers
> > of programming have come up with to get some more
> > money out of those who have been living too long
> > with a perfectly adequate (for them)
> > over-eight-year-old TV with rabbit ears or a
> > rooftop antenna which were long ago paid for.
>
>Are you aware that HD broadcasts ("digital") are available
>and can be received by an old rooftop antenna? If you do
>not have a digital TV, you can get a digital/analog converter
>box. In fact, the FCC was offering a $40 rebate to anyone
>purchasing such a box (I think the deal may be over now,
>but you can check with a web search). I remember at one
>point there was a converter box that sold for $40, so with
>the rebate people could get the box for no out-of-pocket
>cost.


Whether I am aware of it is less the point than whether little old 
ladies living alone on Social Security need something else technical 
to bother with.


. . . ronn!  :)



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Hyperinflation!

2008-09-10 Thread Jon Louis Mann
> Is it digital-ready?  

i dunno, i have to have cable to get reception, though.

 
> It's nice that you do that voluntarily to 
> conserve resources, but what about those of us 
> who have had to do many of those things for years 
> because of the economy, which continues to get 
> worse?  

i chose a minimalist lifestyle because i abhor waste.  i also use freecycle.com

there are a lot of fashionable items in thrift stores from the more affluent 
classes. i would prefer a more equitable marketplace, but i don't make the 
rules...

i invest my earnings in practical purchases, and at times, have worked two jobs 
in order to pay my mortgages.  

Also note that no matter why we do that, 
> it's not a sustainable lifestyle for 
> everyone:  we can't shop at thrift stores unless 
> there are enough people who can buy new stuff and 
> then replace it with new stuff before it is worn 
> out so they can donate still-useable stuff to the 
> thrift store where we can buy it for a price we 
> can afford, so we are dependent on those who have 
> more money and are willing to spend it to keep 
> the process going.  And there are lots of things 
> everyone must purchase new rather than used — 
> food comes to mind (eww! X;{) — and even the 
> price of peanut butter and ramen three times a 
> day keeps going up (not to mention the cost of 
> water and electricity or gas to prepare the latter).

> >Eventually I will convert to solar and wind 
> >energy, and be completely off the grid,
 
> Options which for the foreseeable future are only 
> available to those with significant disposable 
> income to purchase and install the hardware.
 
> >plant an organic garden
 
> It takes a lot of work to become self-sufficient, 
> particularly if one eschews the use of technology 
> and modern fertilizer and pesticides.  Not 
> everyone can do that or even make any significant progress
> in that direction.
 
> >and have my own well.
 
> Ditto in requiring $$$ to purchase land with a 
> good water table (or if you already own it you 
> may be considered significantly better off than 
> most in the US, much less the rest of the 
> world).  And what population density can the land 
> support if each household has its own well?
> . . . ronn!  :)

i realize all that, ronn.  i am just following my dream to create a science 
fiction utopia on a small scale.  i doubt i will succeed, but if i can get a 
good price for my home in eureka, i have a shot.  i was lucky with the land 
purchase.
jon


  
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Re: Hyperinflation!

2008-09-10 Thread John Williams


John Williams <[EMAIL PROTECTED]>
>(I think the deal may be over now, 
> but you can check with a web search). I remember at one
> point there was a converter box that sold for $40, so with 
> the rebate people could get the box for no out-of-pocket 
> cost.

The rebate is still available.

https://www.dtv2009.gov/

Also, it is not hard to find a $40 box, so with rebate, you pay
nothing. See the list of retailers here:

https://www.dtv2009.gov/VendorSearch.aspx

The second online one in the list had a $40 box. I bet there are
others as well.


  

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Re: Hyperinflation!

2008-09-10 Thread John Williams
Ronn! Blankenship <[EMAIL PROTECTED]>


> Is it digital-ready?  As I've mentioned before, 
> one way of looking at that is as a way that the 
> manufacturers of the equipment and the providers 
> of programming have come up with to get some more 
> money out of those who have been living too long 
> with a perfectly adequate (for them) 
> over-eight-year-old TV with rabbit ears or a 
> rooftop antenna which were long ago paid for.

Are you aware that HD broadcasts ("digital") are available
and can be received by an old rooftop antenna? If you do
not have a digital TV, you can get a digital/analog converter
box. In fact, the FCC was offering a $40 rebate to anyone
purchasing such a box (I think the deal may be over now, 
but you can check with a web search). I remember at one
point there was a converter box that sold for $40, so with 
the rebate people could get the box for no out-of-pocket 
cost.


  

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Re: Hyperinflation!

2008-09-10 Thread Ronn! Blankenship
At 02:22 PM Tuesday 9/9/2008, Jon Louis Mann wrote:

>[snip for brevity]
>
>Sarcasm is the lingua franca of the internet, John.



As I noted a few hours ago on another list, on 
one of the lists I am on there is one prolific 
poster who frequently claims that he speaks 
sarcasm as a second language . . . then there are 
those of us who grew up with it as our milk tongue . . . :D



>[snip for brevity]
>
>I purchased my first brand new laptop over four 
>years ago, my car was new in 1979, and I've 
>owned the same television for over eight years.



Is it digital-ready?  As I've mentioned before, 
one way of looking at that is as a way that the 
manufacturers of the equipment and the providers 
of programming have come up with to get some more 
money out of those who have been living too long 
with a perfectly adequate (for them) 
over-eight-year-old TV with rabbit ears or a 
rooftop antenna which were long ago paid for.



>   My next automobile will be energy 
> efficient.  In the meantime, I ride my bike and 
> take the bus.   I recycle as much waste as I 
> can, and  no longer eat meat three times a 
> day.   I got rid of my cell phone, and access 
> free WiFi at the library.   I shop at Goodwill and the Salvation Army.



It's nice that you do that voluntarily to 
conserve resources, but what about those of us 
who have had to do many of those things for years 
because of the economy, which continues to get 
worse?  Also note that no matter why we do that, 
it's not a sustainable lifestyle for 
everyone:  we can't shop at thrift stores unless 
there are enough people who can buy new stuff and 
then replace it with new stuff before it is worn 
out so they can donate still-useable stuff to the 
thrift store where we can buy it for a price we 
can afford, so we are dependent on those who have 
more money and are willing to spend it to keep 
the process going.  And there are lots of things 
everyone must purchase new rather than used — 
food comes to mind (eww! X;{) — and even the 
price of peanut butter and ramen three times a 
day keeps going up (not to mention the cost of 
water and electricity or gas to prepare the latter).



>Eventually I will convert to solar and wind 
>energy, and be completely off the grid,



Options which for the foreseeable future are only 
available to those with significant disposable 
income to purchase and install the hardware.



>plant an organic garden



It takes a lot of work to become self-sufficient, 
particularly if one eschews the use of technology 
and modern fertilizer and pesticides.  Not 
everyone can do that or even make any significant progress in that direction.



>and have my own well.



Ditto in requiring $$$ to purchase land with a 
good water table (or if you already own it you 
may be considered significantly better off than 
most in the US, much less the rest of the 
world).  And what population density can the land 
support if each household has its own well?


. . . ronn!  :)



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Re: Hyperinflation!

2008-09-09 Thread John Williams


Julia Thompson <[EMAIL PROTECTED]>

> You might have problems with the part where you bury yourself

Good point. I doubt there would be a shortage of volunteers to help me
with the problem, however. "We will bury you".



  

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Re: Hyperinflation!

2008-09-09 Thread Julia Thompson


On Tue, 9 Sep 2008, John Williams wrote:

> But you have helped to break my connection to the marketplace! I gave up 
> all my evil ways. Now if I only had 40 acres of land to live on, I could 
> go bury myself in it and stop consuming altogether!

You might have problems with the part where you bury yourself

Just sayin'.

Julia

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Re: Hyperinflation!

2008-09-09 Thread John Williams


Jon Louis Mann <[EMAIL PROTECTED]>

 
> Sarcasm is the lingua franca of the internet, John.  It is the signature of 
> your 
> suppressed hostility, and allows you to be critical without actually exposing 
> or 
> defending your own reactionary opinions (or actually refuting your 
> opponents).  

Who is this Mr. Franca? And why are you suppressing hostility to him? That
cannot be good for your blood pressure. And you should not feel bad about
your reactionary tendencies, we all have them. No need to refute opponents,
they have a right to their opinions.

> It provides deniability for insults and subtle personal attacks by giving the 
> appearance of depersonalizing the topic.  Your favorite tactic is to distort 
> what others are saying, by deliberately misrepresenting the context. 

I'm sorry that I cannot understand your subtle personal attacks on me, or that
I find it hard to understand your positions. Perhaps if you tried explaining 
them
to me in simple terms? Or actually answering questions instead of insulting me?

> We are all consumers, caught up in the marketplace, but some of us are 
> unaware, 
> and others don't care.  Some of us bury our heads, and others are completely 
> buried under the sands of denial.  

But you have helped to break my connection to the marketplace! I gave up all
my evil ways. Now if I only had 40 acres of land to live on, I could go bury
myself in it and stop consuming altogether!

> I purchased my first brand new laptop over four years ago, my car was new in 
> 1979, and I've owned the same television for over eight years.

My god! The evil plutocrats have forced you to own a gas-guzzling 1979 car and
a 4-year old laptop without the latest energy saving features! What unspeakable
evil. Down with plutocrats!

> automobile will be energy efficient.

No!!! But efficiency is BAD. Down with efficiency!

> It is not a crime to have money, John, what matters is how you earn it and 
> how 
> you spend it...

Right, now I understand. It is not a crime to have more than Jon, just if you 
want
to live differently than Jon. I will endeavor to change my ways to be more like 
the
great Jon.


  

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Hyperinflation!

2008-09-09 Thread Jon Louis Mann
> > you don't get it john, the market is fixed; it is
> rigged by the plutocrats.  

> Thank you, Jon! I've been so naive, but you have opened
> my eyes. Those
> evil plutocrats have really kept me down, but I won't
> stand for it any more!

> > they don't care what all this capitalism is doing
> to the planet, or the wars 
> > that are mortgaging your children's' future.
> you are nothing but a unit of 
> > consumption to them, programmed to purchase cars that
> use gas, plasma 
> > television, i-phones and a new computer every three
> years.

> I must break my programming! I need to give up my car and
> my TV
> and my cell phone and my computers, they are proof of how
> the evil plutocrats have kept me down!

> > now with all the 
> > houses that are in foreclosures america will be a
> land of renters and consumers.

> I've been renting and consuming for years! I can't
> believe I've never seen
> it before!  This has to stop. I think my best bet is to
> move to somewhere 
> in Africa so that I can cut down on my consumption
> (Africans don't consume
> much, right?) and maybe find a piece of land that no one 
> wants so that I can avoid paying rent.

Sarcasm is the lingua franca of the internet, John.  It is the signature of 
your suppressed hostility, and allows you to be critical without actually 
exposing or defending your own reactionary opinions (or actually refuting your 
opponents).  It provides deniability for insults and subtle personal attacks by 
giving the appearance of depersonalizing the topic.  Your favorite tactic is to 
distort what others are saying, by deliberately misrepresenting the context. 

We are all consumers, caught up in the marketplace, but some of us are unaware, 
and others don't care.  Some of us bury our heads, and others are completely 
buried under the sands of denial.  

Owning a computer does not equate to being a plutocrat, no matter how you 
attempt to link the two.   You can keep your i-pod, too...   All we can do is 
to try to reduce our own carbon footprint as much as we can, and support 
anti-war leaders who can move the government toward sustainable policies.  

I purchased my first brand new laptop over four years ago, my car was new in 
1979, and I've owned the same television for over eight years.  My next 
automobile will be energy efficient.  In the meantime, I ride my bike and take 
the bus.   I recycle as much waste as I can, and  no longer eat meat three 
times a day.   I got rid of my cell phone, and access free WiFi at the library. 
  I shop at Goodwill and the Salvation Army.  Eventually I will convert to 
solar and wind energy, and be completely off the grid, plant an organic garden 
and have my own well.  

It is not a crime to have money, John, what matters is how you earn it and how 
you spend it...   The measure of a civilization is not how much energy it 
consumes, but how much it conserves (and what kind of energy it develops)...
 Jon
"if carbon emissions were immediately cut 100% , the planet would continue to 
heat at precipitous levels for 60 years" (sic) 
David Letterman (Sept. 8, 2008)



  
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Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams


Jon Louis Mann <[EMAIL PROTECTED]>

> you don't get it john, the market is fixed; it is rigged by the plutocrats.  

Thank you Jon! I've been so naive, but you have opened my eyes. Those
evil plutocrats have really kept me down, but I won't stand for it any more!

> they don't care what all this capitalism is doing to the planet, or the wars 
> that are mortgaging your children's' future. you are nothing but a unit of 
> consumption to them, programmed to purchase cars that use gas, plasma 
> television, i-phones and a new computer every three years.

I must break my programming! I need to give up my car and my TV
and my cell phone and my computers, they are proof of how the evil
plutocrats have kept me down!

> now with all the 
> houses that are in foreclosures american will be a land of renters and 
> consumers.

I've been renting and consuming for years! I can't believe I've never seen
it before!  This has to stop. I think my best bet is to move to somewhere 
in Africa so that I can cut down on my consumption (Africans don't consume
much, right?) and maybe find a piece of land that no one  wants so that I can 
avoid paying rent.


  

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Welcome to Hyperinflation!

2008-09-08 Thread Jon Louis Mann


> > the way i see it is focusing on cash returns is a BAD
> thing no matter how 
> > efficient it makes the market:

> Good point. If the market were less efficient, almost no
> one would be able to 
> afford computers or Internet access. Then no one would need
> to listen
> to crazies spouting nonsense about the benefits of a free
> market. Woo hoo!

you don't get it john, the market is fixed; it is rigged by the plutocrats.  
they don't care what all this capitalism is doing to the planet, or the wars 
that are mortgaging your children's' future. you are nothing but a unit of 
consumption to them, programmed to purchase cars that use gas, plasma 
television, i-phones and a new computer every three years. now with all the 
houses that are in foreclosures american will be a land of renters and 
consumers.
WOO HOO!
jon


  
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Re: Welcome to Hyperinflation!

2008-09-08 Thread Ronn! Blankenship
At 03:25 PM Monday 9/8/2008, John Williams wrote:


>Jon Louis Mann <[EMAIL PROTECTED]>
>
> > the way i see it is focusing on cash returns is a BAD thing no matter how
> > efficient it makes the market:
>
>How would you allocate resources among all the people who say "if I only had
>this" then I could accomplish ___?



Start by listing all of the people who have ever said "If I only had 
the money I could _" and annotating the list to show all of the 
accomplishments by those people who then won the lottery or got a big 
inheritance?


Contributions Gladly Accepted Maru


. . . ronn!  :)



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Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams


Jon Louis Mann <[EMAIL PROTECTED]>


> the way i see it is focusing on cash returns is a BAD thing no matter how 
> efficient it makes the market:

Good point. If the market were less efficient, almost no one would be able to 
afford computers or Internet access. Then no one would need to listen
to crazies spouting nonsense about the benefits of a free market. Woo hoo!



  

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Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams


Jon Louis Mann <[EMAIL PROTECTED]>

> the way i see it is focusing on cash returns is a BAD thing no matter how 
> efficient it makes the market:

How would you allocate resources among all the people who say "if I only had
this" then I could accomplish ___? 


  

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Welcome to Hyperinflation!

2008-09-08 Thread Jon Louis Mann
> The way I see it, a short-term focus on cash returns is a
> good thing for all
> but the most proven and talented forward thinkers. It keeps
> the market 
> moving towards greater efficiency. 

the way i see it is focusing on cash returns is a BAD thing no matter how 
efficient it makes the market:
http://www.thomaslfriedman.com/bookshelf/the-world-is-flat



  
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Re: Welcome to Hyperinflation!

2008-09-08 Thread John Williams


From: Nick Arnett <[EMAIL PROTECTED]>

> I'm not sure that all that many people have learned not to be greedy and
> short-term focused.

No doubt. But some have learned that house prices don't always go up.

> My posting was ironically predictive, as my job fell victim to the market's
> obsession with positive cash flow.

The way I see it, a short-term focus on cash returns is a good thing for all
but the most proven and talented forward thinkers. It keeps the market 
moving towards greater efficiency. Exciting ideas for expensive long-term 
projects
are a dime a dozen -- choosing which ones to pursue takes rare talent. It
seems harsh to creative people, but I think it is a good control. After all, 
creative
people who are good at predicting the future should have no problem amassing
a small fortune, which will then allow them to pursue their pet projects as they
see fit.

> And we bought a house at what now seems to be pretty much the exact wrong
> time.

Ouch, but on the bright side, I bet you won't overpay for housing again!


  

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Re: Welcome to Hyperinflation!

2008-09-07 Thread Nick Arnett
On Tue, Sep 2, 2008 at 8:33 PM, John Williams <[EMAIL PROTECTED]>wrote:

>
>
> Nick Arnett <[EMAIL PROTECTED]>
>
>
> > Look at what has happened in a traditionally
> > low-risk marketplace -- real estate -- lately.  Even there, investors
> > started having crazy expectations.  And yes, the market is correcting,
> but
> > look at the fallout.
>
> People thought that real-estate always went up, at least for the past 30
> years in the US, they said. Now a generation of investors has learned
> otherwise.
> That lesson will probably stay with the current generation of investors,
> but in
> 20 or 30 years the lesson may need to be "re-learned". And the investors
> who
> learned from history will profit from the ones who did not.


I'm not sure that all that many people have learned not to be greedy and
short-term focused.

My posting was ironically predictive, as my job fell victim to the market's
obsession with positive cash flow.

And we bought a house at what now seems to be pretty much the exact wrong
time.

On the other hand, we own the house my wife grew up in, which is in
Springfield, Oregon, where housing prices are rising.  So there's that,
anyway.

Nick
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Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 09:50 AM Tuesday 9/2/2008, John Williams wrote:

>Waste is not something that can be efficiently identified and 
>reduced by politicians.


Indeed even casual observation suggests that the opposite is the more 
common outcome.


. . . ronn!  :)



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Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 11:41 PM Monday 9/1/2008, John Williams wrote:


>Doug Pensinger <[EMAIL PROTECTED]>
> > What is important is that a leader take responsibility for his
> > administration.  It is important that I am able to distinguish between
> > someone that has done a good job and someone that hasn't when I cast my
> > vote.
> >
> > So in that case, yea, blame is pretty important.
>
>Sorry, I blame myself. I was not clear. I meant to ask, is it helpful to blame
>politicians for not having solutions to difficult problems?



Helpful?  Maybe not.  But it feels sooo good . . .


Not To Mention Distracts Voters From The Fact That The Other Party 
Hasn't A Clue How To Solve It Either Maru


. . . ronn!  :)



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Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 10:03 PM Monday 9/1/2008, John Williams wrote:
>  Doug Pensinger <[EMAIL PROTECTED]>
>
> > So who can we blame for poor leadership and the complete lack of a
> > comprehensive energy policy?
>
>The same one we blame for poor humanity leadership and complete lack
>of a comprehensive intelligent-design policy?
>
>Sorry for the sarcasm, but is blame so important?


Unfortunately it is only a little sarcasm to note that often in 
business* and government assigning blame seems to be more important 
than actually finding a solution, and is almost always more important 
than taking responsibility . . .


_
*anecdotal evidence:  the number of people who report recognizing 
their current or former employer in "Dilbert" or before that the 
Judge Reinhold film _Head Office_  . . .



Only About 90+ Messages To Go To Catch Up Maru


. . . ronn!  :)



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Re: Welcome to Hyperinflation!

2008-09-07 Thread Ronn! Blankenship
At 08:20 PM Monday 9/1/2008, Doug Pensinger wrote:
>Ronn!  wrote:
>
>The "4% inflation is unacceptable" statement was the Democrat's
>ridicule of Ford's "Whip Inflation Now!" campaign and it's "WIN"
>buttons.  I'm sure they picked the worst figure they could find, just
>as whoever from the other side who came up with the "Carter said 4%
>inflation was unacceptable, then he got into office and ran it up to
>20%" statement back then probably picked the worst spot figure they
>could find or fudge.
>
>Your statement had no caveats or explanations nor did it have an attribution
>and its implication was that inflation jumped from 4 to 20% during the
>Carter Administration.  I'm sorry if I'm being didactic, but you're a
>respected member of the list and people listen to what you have to say.


Sorry for the confusion.  I really expected that of all of the people 
on the list who report having lived through and remembering the 
Carter years at least one other would remember that series of exchanges . . .


. . . ronn!  :)



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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams


Nick Arnett <[EMAIL PROTECTED]>

> For public companies, the "long run" is anything more than a year or two, 

What is it for politicians?

> Who cares if the company will run out of trees, as long as it isn't going to
> happen until long after the current senior management and board are gone?

I'd peg the long-run for investors at about 20 to 30 years, which is about the
longevity of many investing careers. I agree that few companies excel at
planning ahead by more than a couple years. But that is because predicting
the future more than a few years ahead is difficult. That is why the 
free-markets
have historically outperformed planned economies. Humans are bad at planning
ahead, but if you have a sufficiently large and diverse "gene-pool" of plans,
random events and natural selection will tend to evolve a few successful plans.

> Look at what has happened in a traditionally
> low-risk marketplace -- real estate -- lately.  Even there, investors
> started having crazy expectations.  And yes, the market is correcting, but
> look at the fallout.

People thought that real-estate always went up, at least for the past 30
years in the US, they said. Now a generation of investors has learned otherwise.
That lesson will probably stay with the current generation of investors, but in
20 or 30 years the lesson may need to be "re-learned". And the investors who
learned from history will profit from the ones who did not. 

> As long
> as a few people are becoming millionaires and billionaires and the rest of
> us think we have a shot at the same, nobody sees any need to change their
> perspective.

Amen!


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Tue, Sep 2, 2008 at 2:25 PM, John Williams <[EMAIL PROTECTED]>wrote:
>
>
> Sorry, I did not mean the groups to be mutually-exclusive or
> all-encompassing.
> Some posts seem to fit into both, some neither. But is was interesting to
> see how similar some posts appeared as far as faith in a paternalistic
> force
> for good. No offense intended to your faith, or lack thereof, whatever your
> inclination may be.
>

I'm relieved that you are unsure about that, since I don't see any conflict
there.

Nick
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Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Tue, Sep 2, 2008 at 2:16 PM, John Williams <[EMAIL PROTECTED]>wrote:

> > Anyway, do you think that
> a logging company that clear cuts its forests will be the most profitable,
> in the long run, in a competitive market?


Well, I do... if by clear-cutting it drives the competition out of business.

For public companies, the "long run" is anything more than a year or two, at
best.  The stock market likes consistent profits from quarter to quarter.
 There's a damned if you do and damned if you don't in the market.  If
you're a small company, nobody cares if you're investing for the long run
because they can't be bothered to understand the strategy of a small player.
 If you're a large company, the market expects you to figure out how to be
profitable every quarter *and* invest for the future.  Thus the public
markets encourage businesses to ignore the long-term issues.  What's more,
the tenure of top management at public companies is short and their
compensation has nothing to do with how the company performs after they
leave, so again, no incentive, even a disincentive, to have a real long-term
strategy.

Who cares if the company will run out of trees, as long as it isn't going to
happen until long after the current senior management and board are gone?
 And if we don't keep profits up now, we'll be gone that much sooner.

It is very, very hard for anybody to make present-day sacrifices for
long-term profits when the guy next door is cashing in stock options worth
millions.  In fact, one risks a lawsuit that would argue that the board is
failing in its fiduciary responsibility to protect shareholder value.
 Shareholder value is now or in the few years, not in a decade or two.

Pardon if it seems like I'm repeating myself... but even for venture
capital, which plays for a longer term than the public markets, long-term is
4-5 years.  If you can't show the possibility of a 10x return in that time
frame, you don't get to play.  Look at what has happened in a traditionally
low-risk marketplace -- real estate -- lately.  Even there, investors
started having crazy expectations.  And yes, the market is correcting, but
look at the fallout.

I've played the game a lot, raising venture money, IPOs, advising large and
small companies on high-risk investments in emerging markets.  Maybe I'm
biased because that's the world I've lived in for many years now... but what
I see is people who mostly let the long term take care of itself.  As long
as a few people are becoming millionaires and billionaires and the rest of
us think we have a shot at the same, nobody sees any need to change their
perspective.

Nick
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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams




 Kevin B. O'Brien <[EMAIL PROTECTED]>

> If the problem were not urgent, if we had the luxury of reducing CO2 
> emissions by 30% over the next hundred years, I would probably agree 
> with you. Tweaking market incentives would probably be a very good way 
> to address that sort of problem. But when you are confronted with an 
> urgent life-or-death problem, the primary problem is not one of 
> efficiency. For example, when the Japanese bombed Pearl Harbor, we did 
> not worry about the most efficient, market-based way of letting the 
> private sector respond.

The "solution" to Pearl Harbor was straightforward. The "solution" to
the environment is not. I don't see how some politicians, who have spent
precious little time studying either the environment or economics, will be
capable of solving the "problem". Simply deciding to go to war on the
environment will not help, and on balance, will probably cause harm.


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread Kevin B. O'Brien
John Williams wrote:
> "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
>
>   
>>  It is clear that climate change is not something 
>> the market can handle in any effective manner. Only government action has 
>> any 
>> possibility of tackling this problem.
>> 
>
> I do not have blind faith in government to solve difficult problems. The only 
> way 
> that I have seen that consistently solves difficult problems is trial and 
> error. But
> government does not do trial and error efficiently. Typically, there are very 
> few
> ideas, sometimes only one, and the failures are not abandoned, but
> instead suck down resources indefinitely. Far better to let prices and market
> forces evolve efficient solutions. If "climate change" is a high-priority 
> problem 
> that is not adequately touched by market forces, then perhaps there is a 
> small role
>  that government can play, but never in specific policy. The government role
> should be limited to addressing market failures, such as when carbon-emitters
> do not pay for costs to the environment that everyone experiences. For 
> example,
> a carbon-tax.
>   
If the problem were not urgent, if we had the luxury of reducing CO2 
emissions by 30% over the next hundred years, I would probably agree 
with you. Tweaking market incentives would probably be a very good way 
to address that sort of problem. But when you are confronted with an 
urgent life-or-death problem, the primary problem is not one of 
efficiency. For example, when the Japanese bombed Pearl Harbor, we did 
not worry about the most efficient, market-based way of letting the 
private sector respond.

Regards,

-- 
Kevin B. O'Brien TANSTAAFL
[EMAIL PROTECTED]  Linux User #333216

"The average Ph.D. thesis is nothing but a transference of bones from 
one graveyard to another." -- J. Frank Dobie
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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams


 Nick Arnett <[EMAIL PROTECTED]>
> If not, then somebody has successfully re-framed our conversations in an
> unfortunate way.

Sorry, I did not mean the groups to be mutually-exclusive or all-encompassing.
Some posts seem to fit into both, some neither. But is was interesting to
see how similar some posts appeared as far as faith in a paternalistic force
for good. No offense intended to your faith, or lack thereof, whatever your
inclination may be.


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
Charlie Bell <[EMAIL PROTECTED]>


>  I'd say that the American free market is an illusion  
> anyway.

I'd agree that the United State's market is far from free. I did not
intend to compare countries. Indeed, the more global the market,
the better, as far as I am concerned.

> So allowing a logging company to clear fell an entire forest,  
> rather than only taking a percentage of trees, is fine in a free market?

If the forest is someone's property, then no one has the right to prevent
them from doing as they wish with their property. If the forest is the 
"property" of government, then government is probably in the midst
of one of its many failures. Anyway, do you think that
a logging company that clear cuts its forests will be the most profitable,
in the long run, in a competitive market?

> You should be made aware that this is a global list, and that basic  
> legal framework you're talking about only applies to your nation, not  
> mine.

I was not referring to the framework for any specific country. If your
country does not have basic laws protecting property and individual
liberty, then I suggest worrying less about government regulations to
reduce waste and more about basic legal framework.


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell

On 03/09/2008, at 6:58 AM, Nick Arnett wrote:

> On Mon, Sep 1, 2008 at 9:41 PM, John Williams <[EMAIL PROTECTED] 
> >wrote:
>
>>
>> My impression is that this list has an ongoing debate between  
>> religous
>> people,
>> with faith in their gods, and government people, with faith in their
>> politicians.
>
>
> Eh?  Is that sarcasm?  I hope.
>
> If not, then somebody has successfully re-framed our conversations  
> in an
> unfortunate way.

Yeah. I couldn't work that out either. Right, off to work time.  
Conversation resumes in about 12 hours from my point of view. :-)

Charlie.
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Re: Welcome to Hyperinflation!

2008-09-02 Thread Nick Arnett
On Mon, Sep 1, 2008 at 9:41 PM, John Williams <[EMAIL PROTECTED]>wrote:

>
> My impression is that this list has an ongoing debate between religous
> people,
> with faith in their gods, and government people, with faith in their
> politicians.


Eh?  Is that sarcasm?  I hope.

If not, then somebody has successfully re-framed our conversations in an
unfortunate way.

Nick
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Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell

On 03/09/2008, at 12:50 AM, John Williams wrote:

>
>
> Charlie Bell <[EMAIL PROTECTED]>
>
>> Yes - regulations should be about putting a brake on waste and
>> environmental damage, unethical practices and exploitation.
>
> I don't understand the "yes", since what follows the yes does not  
> agree with what
> I wrote.

Yes it does. It only doesn't if you're ideologically tied to the idea  
that there should be no regulations at all. And given the differences  
in standard of living between say the USA and the Scandinavian  
countries, I'd say that a free market doesn't and shouldn't mean NO  
regulations, just a level playing field. Given the power of lobbyists  
in the States, I'd say that the American free market is an illusion  
anyway.

> Waste is not something that can be efficiently identified and  
> reduced by
> politicians.

In the simplest terms it can.

> And "environmental damage" has become trendy for politicians to
> talk about, but the cures they propose are invariably more harmful.

Really? So allowing a logging company to clear fell an entire forest,  
rather than only taking a percentage of trees, is fine in a free market?
> So, No, not
> "Yes". I would probably agree with a carbon tax or similar measures  
> that forces
> carbon-emitters to bear the costs of pollution that everyone must  
> endure, but
> government should not be creating specific rules on "waste" and  
> "environmental
> damage".

Why not? Chemical companies should not dump their waste in rivers. The  
only way you make them not do that in an otherwise free market is to  
have financial penalties if they do.
> As far as unethical practices and exploitation, the politicians  
> excel at
> those pursuits. Not a good idea to have politicians defining what is  
> ethical or
> exploitative, beyond a basic legal framework for protecting property  
> and liberty
> that was already established ages ago.



You should be made aware that this is a global list, and that basic  
legal framework you're talking about only applies to your nation, not  
mine.

Charlie.
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Re: Welcome to Hyperinflation!

2008-09-02 Thread Bruce Bostwick
On Sep 2, 2008, at 9:28 AM, [EMAIL PROTECTED] wrote:

> It is clear that climate change is not something the market can  
> handle in any effective manner. Only government action has any  
> possibility of tackling this problem.


That's been well established.  The government does best when it  
provides the external force necessary to push the market out of  
suboptimal equilibria that none of the market players want to bear the  
cost of breaking out of unilaterally.

"Nobody ever looks like Joe McCarthy. That's how they get in the door  
in the first place." -- Toby Ziegler


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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams
"[EMAIL PROTECTED]" <[EMAIL PROTECTED]>

>  It is clear that climate change is not something 
> the market can handle in any effective manner. Only government action has any 
> possibility of tackling this problem.

I do not have blind faith in government to solve difficult problems. The only 
way 
that I have seen that consistently solves difficult problems is trial and 
error. But
government does not do trial and error efficiently. Typically, there are very 
few
ideas, sometimes only one, and the failures are not abandoned, but
instead suck down resources indefinitely. Far better to let prices and market
forces evolve efficient solutions. If "climate change" is a high-priority 
problem 
that is not adequately touched by market forces, then perhaps there is a small 
role
 that government can play, but never in specific policy. The government role
should be limited to addressing market failures, such as when carbon-emitters
do not pay for costs to the environment that everyone experiences. For example,
a carbon-tax.

>  Later on I 
> recalled the words of one of my best professors from grad school, who pointed 
> out that the issue with Libertarianism is that it is held most strongly by 
> those 
> who would be most likely to prosper in such a system.

The same could be said of virtually all politics. There are many people who want
to make laws to benefit some at others expense. I prefer to minimize all such
laws. Freedom is the best policy.


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread John Williams


Charlie Bell <[EMAIL PROTECTED]>

> Yes - regulations should be about putting a brake on waste and  
> environmental damage, unethical practices and exploitation.

I don't understand the "yes", since what follows the yes does not agree with 
what
I wrote. Waste is not something that can be efficiently identified and reduced 
by
politicians. And "environmental damage" has become trendy for politicians to 
talk about, but the cures they propose are invariably more harmful. So, No, not
"Yes". I would probably agree with a carbon tax or similar measures that forces
carbon-emitters to bear the costs of pollution that everyone must endure, but
government should not be creating specific rules on "waste" and "environmental
damage". As far as unethical practices and exploitation, the politicians excel 
at
those pursuits. Not a good idea to have politicians defining what is ethical or
exploitative, beyond a basic legal framework for protecting property and liberty
that was already established ages ago.


  

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Re: Welcome to Hyperinflation!

2008-09-02 Thread zwilnik
Better to keep government as small as possible, not put our 

politicians on a pedestal, and instead rely on ourselves and competition of 
ideas 
in a marketplace to determine solutions to problems. If the "gene-pool" of 
ideas 
is sufficiently diverse, then natural-selection in a free-market will find 
better 
solutions to problems than millions of politicians ever could. If the gene-pool 
is 
not sufficiently diverse, then perhaps there is a role for government to 
encourage 
greater vitality and diversity through policy. But any approach that relies on 

politicians to design an efficient system is doomed to failure.

But sometimes there are problems that only govenrment *can* handle. I used to 
be a member (dues paying!) of the Libertarian Party, but I left that behind 
because of thei ssue of global climate change. What I saw inside the 
Libertarian Party was a very interesting dynamic. It is clear that climate 
change is not something the market can handle in any effective manner. Only 
government action has any possibility of tackling this problem. Well, 
Libertarians cannot abide the thought of the government being necessary to 
solve a problem, so they almost instinctively tunred to embracing all of the 
climate change denialists. 

Now, I don't like unnecessary government action (there is a reason *why* I 
joined that party), but I also have a firm rule that I do not make scientific 
decisions on ideological bases. So I left the Libertarian party. Later on I 
recalled the words of one of my best professors from grad school, who pointed 
out that the issue with Libertarianism is that it is held most strongly by 
those who would be most likely to prosper in such a system.

Regards,

-- 
Kevin B. O'Brien
[EMAIL PROTECTED]
"Should any political party attempt to abolish social security, unemployment 
insurance, and eliminate labor laws and farm programs, 
you would not hear of that party again in our political history. There is a 
tiny splinter group, of course, that believes 
that you can do these things. Among them are a few Texas oil millionaires, and 
an occasional politician or businessman from other areas.
 Their number is negligible and they are stupid." - Dwight D. Eisenhower
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Re: Welcome to Hyperinflation!

2008-09-02 Thread Charlie Bell

On 02/09/2008, at 2:41 PM, John Williams wrote:
> My impression is that this list has an ongoing debate between  
> religous people,
> with faith in their gods, and government people, with faith in their  
> politicians.

I'm neither of those. I'm not sure how long you've been lurking, but  
this List is far more dimensional than that. Recently some voices have  
been louder, but there is a genuine breadth of opinion here (of  
course, most of it's wrong, but they'll agree with me one day ;) )

>
> Personally, I put my faith in evolution, both biological and  
> economical.

I don't. Evolution exists, but I hope we can rise above mere  
evolution, and direct ourselves rather than being shunted about by the  
harsh mistress of selectional forces and mere survivability being the  
criterion for our future.

> Humans
> are fallible, and politicians are human. Putting greater  
> responsibility (power,
> expectations, etc.) in the hands of politicians means that their  
> failures will be
> greater disasters. Better to keep government as small as possible,  
> not put our
> politicians on a pedestal, and instead rely on ourselves and  
> competition of ideas
> in a marketplace to determine solutions to problems.

Partially agree. By "small government", I think we need more  
participatory government. We need rules and regulations to make an  
even playing field for business, employment, education and  
opportunity, but we don't need government interference in our personal  
lives. Not putting our politicians on a pedestal is a good thing,  
'cause people are people.

> If the "gene-pool" of ideas
> is sufficiently diverse, then natural-selection in a free-market  
> will find better
> solutions to problems than millions of politicians ever could. If  
> the gene-pool is
> not sufficiently diverse, then perhaps there is a role for  
> government to encourage
> greater vitality and diversity through policy. But any approach that  
> relies on
> politicians to design an efficient system is doomed to failure.

Yes - regulations should be about putting a brake on waste and  
environmental damage, unethical practices and exploitation. Beyond  
that, they should be as minimal as possible (and that means minimal  
subsidies and tarriffs too).

Charlie.
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Re: Welcome to Hyperinflation!

2008-09-01 Thread John Williams


Doug Pensinger <[EMAIL PROTECTED]>
> What is important is that a leader take responsibility for his
> administration.  It is important that I am able to distinguish between
> someone that has done a good job and someone that hasn't when I cast my
> vote.
> 
> So in that case, yea, blame is pretty important.

Sorry, I blame myself. I was not clear. I meant to ask, is it helpful to blame
politicians for not having solutions to difficult problems?

My impression is that this list has an ongoing debate between religous people,
with faith in their gods, and government people, with faith in their 
politicians. 
Personally, I put my faith in evolution, both biological and economical. Humans 
are fallible, and politicians are human. Putting greater responsibility (power, 
expectations, etc.) in the hands of politicians means that their failures will 
be 
greater disasters. Better to keep government as small as possible, not put our 
politicians on a pedestal, and instead rely on ourselves and competition of 
ideas 
in a marketplace to determine solutions to problems. If the "gene-pool" of 
ideas 
is sufficiently diverse, then natural-selection in a free-market will find 
better 
solutions to problems than millions of politicians ever could. If the gene-pool 
is 
not sufficiently diverse, then perhaps there is a role for government to 
encourage 
greater vitality and diversity through policy. But any approach that relies on 
politicians to design an efficient system is doomed to failure.


  

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Re: Welcome to Hyperinflation!

2008-09-01 Thread Doug Pensinger
John  wrote:

>
> > So who can we blame for poor leadership and the complete lack of a
> > comprehensive energy policy?
>
> The same one we blame for poor humanity leadership and complete lack
> of a comprehensive intelligent-design policy?
>
> Sorry for the sarcasm, but is blame so important?


Not if I'm playing a friendly game of volleyball and my team mate
over-passed the  ball, no.

What is important is that a leader take responsibility for his
administration.  It is important that I am able to distinguish between
someone that has done a good job and someone that hasn't when I cast my
vote.

So in that case, yea, blame is pretty important.

Doug
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Re: Welcome to Hyperinflation!

2008-09-01 Thread John Williams
 Doug Pensinger <[EMAIL PROTECTED]>

> So who can we blame for poor leadership and the complete lack of a
> comprehensive energy policy?

The same one we blame for poor humanity leadership and complete lack 
of a comprehensive intelligent-design policy?

Sorry for the sarcasm, but is blame so important?


  

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Re: Welcome to Hyperinflation!

2008-09-01 Thread Doug Pensinger
Ronn!  wrote:

The "4% inflation is unacceptable" statement was the Democrat's
ridicule of Ford's "Whip Inflation Now!" campaign and it's "WIN"
buttons.  I'm sure they picked the worst figure they could find, just
as whoever from the other side who came up with the "Carter said 4%
inflation was unacceptable, then he got into office and ran it up to
20%" statement back then probably picked the worst spot figure they
could find or fudge.

Your statement had no caveats or explanations nor did it have an attribution
and its implication was that inflation jumped from 4 to 20% during the
Carter Administration.  I'm sorry if I'm being didactic, but you're a
respected member of the list and people listen to what you have to say.

>
>
>  (as that part of the recent increase due to increased
> demand for gasoline in China and the loss of refinery capacity due to
> Hurricanes Katrina and Rita were not under the direct control of the
> current President, although there seem to be some folks willing to
> count those among his multitude of sins :P).  That's why we pay him
> the big bucks . . .
>

So who can we blame for poor leadership and the complete lack of a
comprehensive energy policy?

Doug
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Re: Welcome to Hyperinflation!

2008-08-31 Thread Ronn! Blankenship
At 06:17 PM Friday 8/29/2008, Doug Pensinger wrote:
>  Ronn! wrote:
>
> >
> > Being there.
> >
> > A faulty memory is a poor cite.



That is an obvious statement with which anyone would have to agree.  ;)



>   Not only wasn't inflation anywhere near
>20% during the Carter administration,



Somebody has already mentioned a possible explanation for that number.



>  it wasn't anywhere near 4% immediately
>prior to his election.



The "4% inflation is unacceptable" statement was the Democrat's 
ridicule of Ford's "Whip Inflation Now!" campaign and it's "WIN" 
buttons.  I'm sure they picked the worst figure they could find, just 
as whoever from the other side who came up with the "Carter said 4% 
inflation was unacceptable, then he got into office and ran it up to 
20%" statement back then probably picked the worst spot figure they 
could find or fudge.



>Here's another cite to go with the ones already posted:
>
>http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=3
>
>And here's a quote from William's reference:
>
>Carter cannot be blamed for the double-digit inflation that peaked on his
>watch, because inflation started growing in 1965 and snowballed for the next
>15 years. To battle inflation, Carter appointed Paul Volcker as Chairman of
>the Federal Reserve Board, who defeated it by putting the nation through an
>intentional recession. Once the threat of inflation abated in late 1982,
>Volcker cut interest rates and flooded the economy with money, fueling an
>expansion that lasted seven years. Neither Carter nor Reagan had much to do
>with the economic events that occurred during their terms.



One of the things we learn from observing American politics is that 
the then-current administration can expect to be blamed for bad 
economic news that happens on its watch regardless of how much actual 
control they had or even conceivably could have had over the 
circumstances that led to the bad economic news.  (Of course, we also 
learn from observing American politics that the then-current 
administration is likely to claim credit for any good economic news 
regardless of whether they were responsible for the good economy or 
not.  :P)  Certainly the big problem for most ordinary citizens in 
1979-80 was the rapid increase in the price of gasoline at the pumps 
(like it has been in recent years) and the actual causes (primarily 
instability in the Middle East) were largely beyond the control of 
the President (as that part of the recent increase due to increased 
demand for gasoline in China and the loss of refinery capacity due to 
Hurricanes Katrina and Rita were not under the direct control of the 
current President, although there seem to be some folks willing to 
count those among his multitude of sins :P).  That's why we pay him 
the big bucks . . .


. . . ronn!  :)



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RE: Welcome to Hyperinflation!

2008-08-29 Thread Dan M
> > I'm pretty sure it never got into the 20s for any sustained period.
> 
> I am having a hard time finding good numbers, but one reference on the
> web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in
> 1980.
> 
> Dave

Well, IIRC, the primary source for this is the Bureau of Labor Statistics.
If not the primary, they are a darn good mirror source.  At

http://www.bls.gov/data/inflation_calculator.htm

they have a calculator, which is an easy way to calculate the total
inflation over a period.  They also have monthly tables for people really
into it.  

>From   inflation was

75-76  5.8%
76-77  6.5%
77-78  7.6%
78-79 11.4%
79-80 13.5%
80-81 10.0%


Also of note, under the 4 years of Carter, there were about twice as many
jobs created (10.3 million or a 12.8% increase), than have been created
under Bush in 7+ years (5.1 million or a 3.9% increase).  And, with
employment expected to continue to fall through next January, I expect this
number to drop below 5 million. (anyone want to bet against me?)

Given the fact that housing prices are tumbling and unemployment is rising,
we may have a bit of stagflation, but I don't think that wages will hold up
their end of the wage-price spiral.  So, I don't expect much more than 5%-6%
inflation before things settle down.

Dan M. 

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Re: Welcome to Hyperinflation!

2008-08-29 Thread Doug Pensinger
 Ronn! wrote:

>
> Being there.
>
> A faulty memory is a poor cite.  Not only wasn't inflation anywhere near
20% during the Carter administration, it wasn't anywhere near 4% immediately
prior to his election.

Here's another cite to go with the ones already posted:

http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=3

And here's a quote from William's reference:

Carter cannot be blamed for the double-digit inflation that peaked on his
watch, because inflation started growing in 1965 and snowballed for the next
15 years. To battle inflation, Carter appointed Paul Volcker as Chairman of
the Federal Reserve Board, who defeated it by putting the nation through an
intentional recession. Once the threat of inflation abated in late 1982,
Volcker cut interest rates and flooded the economy with money, fueling an
expansion that lasted seven years. Neither Carter nor Reagan had much to do
with the economic events that occurred during their terms.


Doug

The Greatest enemy of knowledge is not ignorance, it is the illusion of
knowledge. --Stephen Hawking
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Re: Welcome to Hyperinflation!

2008-08-29 Thread Ronn! Blankenship
At 11:29 AM Friday 8/29/2008, Doug Pensinger wrote:
>Ronn!  wrote:
>
> >
> > Or just remember the Carter administration.
> >
> >
> > He Said During The Campaign That Four Percent Inflation Was
> > Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru
> >
> >
> > Cite?
>
>Doug


Being there.


. . . ronn!  :)



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RE: Welcome to Hyperinflation!

2008-08-29 Thread Dean MacLanders
> > I am having a hard time finding good numbers, but one reference on the
> > web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in
> > 1980.
> >
> 
> http://www.huppi.com/kangaroo/L-carterreagan.htm


The US Bureau of Labour Statistics places CPI inflation at 13.5% in 1980.

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt


Williams' link uses this number as well as states the following,

"In 1980, the "misery index" -- unemployment plus inflation -- crested 20
percent for the first time since World War II."

Perhaps some media sources have been confusing these numbers.

Dean

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Re: Welcome to Hyperinflation!

2008-08-29 Thread William T Goodall

On 29 Aug 2008, at 18:34, Dave Land wrote:

>
> I am having a hard time finding good numbers, but one reference on the
> web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in
> 1980.
>

http://www.huppi.com/kangaroo/L-carterreagan.htm


Second Hand Maru

--  
William T Goodall
Mail : [EMAIL PROTECTED]
Web  : http://www.wtgab.demon.co.uk
Blog : http://radio.weblogs.com/0111221/

Theists cannot be trusted as they believe that right and wrong are the  
arbitrary proclamations of invisible demons.


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Re: Welcome to Hyperinflation!

2008-08-29 Thread Dave Land
On Aug 29, 2008, at 10:14 AM, Dave Land wrote:

> On Aug 29, 2008, at 9:29 AM, Doug Pensinger wrote:
>
>> Ronn!  wrote:
>>
>>> Or just remember the Carter administration.
>>>
>>> He Said During The Campaign That Four Percent Inflation Was
>>> Unacceptable So When He Got Into Office He Made It Twenty-Plus  
>>> Percent Maru
>>>
>>> Cite?
>
> Might Ronn! be conflating twenty-plus percent _interest_ rates  
> (which were
> definitely in effect during the Carter administration) with such  
> inflation?
>
> The phrase "double-digit" is commonly mentioned in articles about  
> the Carter
> years and inflation, but that could be as "low" as 10% and as high  
> as 99%.
>
> I'm pretty sure it never got into the 20s for any sustained period.

I am having a hard time finding good numbers, but one reference on the  
web (http://www.let.rug.nl/usa/H/1990/ch8_p21.htm) put it above 20% in  
1980.

Dave

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Re: Welcome to Hyperinflation!

2008-08-29 Thread Dave Land
On Aug 29, 2008, at 9:29 AM, Doug Pensinger wrote:

> Ronn!  wrote:
>
>> Or just remember the Carter administration.
>>
>> He Said During The Campaign That Four Percent Inflation Was
>> Unacceptable So When He Got Into Office He Made It Twenty-Plus  
>> Percent Maru
>>
>> Cite?

Might Ronn! be conflating twenty-plus percent _interest_ rates (which  
were
definitely in effect during the Carter administration) with such  
inflation?

The phrase "double-digit" is commonly mentioned in articles about the  
Carter
years and inflation, but that could be as "low" as 10% and as high as  
99%.

I'm pretty sure it never got into the 20s for any sustained period.

Dave

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Re: Welcome to Hyperinflation!

2008-08-29 Thread Doug Pensinger
Ronn!  wrote:

>
> Or just remember the Carter administration.
>
>
> He Said During The Campaign That Four Percent Inflation Was
> Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru
>
>
> Cite?

Doug
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Re: Welcome to Hyperinflation!

2008-08-29 Thread Ronn! Blankenship
At 07:30 AM Friday 8/29/2008, Alberto Monteiro wrote:
>I was just checking the evolution of PPI (PPI and CPI measure inflation
>in the USA), and noticed that _this year_ the accumulated inflation
>is about 10% (!!!)
>
>Welcome to Hyperinflation. If you want any hints on how to survive
>and prosper under hyperinflation, just ask me.



Or just remember the Carter administration.


He Said During The Campaign That Four Percent Inflation Was 
Unacceptable So When He Got Into Office He Made It Twenty-Plus Percent Maru


. . . ronn!  :)



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RE: Welcome to Hyperinflation!

2008-08-29 Thread Curtis Burisch
Zimbabwe inflation rate is around 810% **per month**

!

c

-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Alberto Monteiro
Sent: 29 August 2008 14:31 PM
To: Killer Bs (David Brin et al) Discussion
Subject: Welcome to Hyperinflation!

I was just checking the evolution of PPI (PPI and CPI measure inflation in
the USA), and noticed that _this year_ the accumulated inflation is about
10% (!!!)

Welcome to Hyperinflation. If you want any hints on how to survive and
prosper under hyperinflation, just ask me. Brazil had it for decades.

Alberto Monteiro

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Welcome to Hyperinflation!

2008-08-29 Thread Alberto Monteiro
I was just checking the evolution of PPI (PPI and CPI measure inflation
in the USA), and noticed that _this year_ the accumulated inflation
is about 10% (!!!)

Welcome to Hyperinflation. If you want any hints on how to survive
and prosper under hyperinflation, just ask me. Brazil had it for
decades.

Alberto Monteiro

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