irln

With respect to "China's reaction is more panic-driven", check out the following three charts of US Fed policy which I would argue were "panic-driven" based upon magnitude of the intervention when compared historically.

It remains to be seen to what affect recent US Fed policy will do long term, however, I would argue that it was definitely a panic driven reaction.

I provide this not in support of China's policy but for context.

Excess Reserves https://research.stlouisfed.org/fred2/series/EXCSRESNS

Overnight Rate https://research.stlouisfed.org/fred2/series/FEDFUNDS/

Federal Reserve Balance Sheet https://research.stlouisfed.org/fred2/series/WALCL

One other point is in a cashless society it becomes easier to institute a negative interest rate policy.

https://en.wikipedia.org/wiki/Interest_rate#Negative_interes...

I'll definitely check this out.

I currently use Google docs...usually the title of the doc in the form of a question where the doc is the answer.

The search varies in terms of accuracy from revision to revision.

If only I could time travel into the future and ask your 30 year older self whether you agree with your 30 year younger self's comment. :)

Will all due respect, for an old guy, I like large fonts :)

NeXTSTEP was so ahead of its time. I wrote many sets of documentation (yes the printed kind) on my pizza box using FrameMaker. Best writing experience to this day.

Not as an attack but a real question: Please expand on "Mises flawed understanding of Money."

Not advocating but I think you can invest in ETFs that track indexes like MCHI and ASHR.

*If you life in a first world country and come from at least a lower-middle class background

> I'd say this used to be true, but now ZIRP (Zero Interest Rate Policy) hurts any class of savers first world et al

Non-sarcastic question, what are the indicators that you don't find mostly meaningless when it comes to analyzing China?

My son and I thought the same thing. The fact that they were able to upgrade it to live action and still pull it off was an accomplishment.

> Eventually we may be able not just to play back experiences but also to index and even edit them.

Like most things this may have unintended consequences. I think our ability to forget is an important "feature" of cognition. What would happen if we were unable to forget even petty squabbles between friends, loved ones, supposed enemies? How far could this escalate? Our ability to forget and put things behind us may be the reason we're still around.