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Title: myrkul...I found an idiot to flame troll Post by: 420 on January 24, 2013, 08:28:52 AM http://vectorpress.blogspot.com/
Title: Re: myrkul...I found an idiot to flame troll Post by: myrkul on January 24, 2013, 04:52:46 PM Oh wow, some flamboyant stupidity there.
Title: Re: myrkul...I found an idiot to flame troll Post by: dotcom on January 24, 2013, 06:00:51 PM "You Fail Economics Forever"
This section was physically painful to read Title: Re: myrkul...I found an idiot to flame troll Post by: myrkul on January 24, 2013, 06:04:48 PM "You Fail Economics Forever" This section was physically painful to read Yeah, it should have said "I" :D Title: Re: myrkul...I found an idiot to flame troll Post by: Vandroiy on January 24, 2013, 10:33:06 PM While the term "fiscal cliff" and its use is weird, "You Fail Economics Forever" doesn't sound right.
When I helped with a little introductory talk to Bitcoin at a small meeting, I got to listen to a talk by a mathematician who simulated debt loops. He split up an economy into sectors like investment, private spending and government, and mostly just tried to keep the money flows consistent. (While that's a very simple model, it's still quite useful -- the money must go somewhere after all.) The parameter space turned out to have a stable and an unstable area with respect to government debt. The simulation reproduced the effect mentioned in However, after some time in the unstable area, the velocity of money cycling through banks and government debt went through the roof in an exponential runaway function. That messed with money supply, and ultimately a disruptive stop of that flow blew up the investment sector and maybe a lot more -- the model wasn't really sufficient to make statements about the final result. But it didn't take a genius to tell that it looked broken. ;) Fun fact: if that model is close to reality, the point of no return can be long before the collapse. Once you're in the runaway area, you can only watch the train wreck in slow motion, with no options to stop it. This is politics nightmare, because politicians don't give a shit whether their decisions blow up everything a few election periods later. :P Title: Re: myrkul...I found an idiot to flame troll Post by: myrkul on January 25, 2013, 08:46:20 AM The parameter space turned out to have a stable and an unstable area with respect to government debt. The simulation reproduced the effect mentioned in mykrul's blog post: for a while, even in the unstable area, the system can remain functional by issuing more debt or money. "Haha, we're in control anyway." Just to clarify: I am a much better class of idiot than is that guy. It's not my blog. Title: Re: myrkul...I found an idiot to flame troll Post by: 420 on January 25, 2013, 08:47:06 AM The parameter space turned out to have a stable and an unstable area with respect to government debt. The simulation reproduced the effect mentioned in mykrul's blog post: for a while, even in the unstable area, the system can remain functional by issuing more debt or money. "Haha, we're in control anyway." Just to clarify: I am a much better class of idiot than is that guy. It's not my blog. just realized i spelt your name correct :) Title: Re: myrkul...I found an idiot to flame troll Post by: Rassah on January 28, 2013, 07:00:17 PM Quote But this just raises the larger issue of American gun culture – and yes, it is a culture. You get a certain crowd at the Dulles gun show just like you get a certain crowd at Anthrocon. Wait, what? EDIT: Looked through that blog a bit more. This piece of his is just painful to read http://atlas-shirked.blogspot.com/ As for the stupid "economics article," turns out he's an Psych/English major, so that should explain that... Title: Re: myrkul...I found an idiot to flame troll Post by: 420 on January 29, 2013, 06:51:30 AM Quote But this just raises the larger issue of American gun culture – and yes, it is a culture. You get a certain crowd at the Dulles gun show just like you get a certain crowd at Anthrocon. Wait, what? EDIT: Looked through that blog a bit more. This piece of his is just painful to read http://atlas-shirked.blogspot.com/ As for the stupid "economics article," turns out he's an Psych/English major, so that should explain that... damn...i feel embarrased i posted this guy after reading this; he's 2x more douchbag and 3x more asshole than I thought Title: Re: myrkul...I found an idiot to flame troll Post by: Vandroiy on January 29, 2013, 09:05:18 PM Just to clarify: I am a much better class of idiot than is that guy. It's not my blog. Oh. Oops. Sorry about that. :-[ Dunno why I put your name there. Maybe the name of this thread gave me that idea? |