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mohanmcgeek

1,181 karma · joined November 2, 2014

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mohanmcgeek··on High prices will outlast the war
> The Federal Reserve Bank creates money

So not the government.

> When the Fed "sets interest rates" on bonds

It doesn't set the interest rates on treasury bonds. They set a target and engage in the market to get the price to that level. Still a private entity doing private things. Not the government

> Sometimes literally by physically printing it, but more often by crediting someone's account in their computers

Definitely not!

> More money is created this way when interest rates are lower because people take out more loans then.

This is the only way money is created. The previous paragraph is far from how anything works.

mohanmcgeek··on High prices will outlast the war
Yes. It doesn't.

The value of money depends on the underlying asset used to create this money.

Money is not created out of thin air.

mohanmcgeek··on I cannot write software outside of Google anymore
Calling these tools "knock offs" is not just insulting to the people building these tools but also far detached from reality since several FAANG employees would tell you how much better the OSS rewrite is compared to the original one.
mohanmcgeek··on High prices will outlast the war
This false notion has caused so much misery in the last couple of centuries.
mohanmcgeek··on High prices will outlast the war
So this supply chain crunch would have still happened but people would not have noticed it while dealing with much bigger problems such as unemployment.
mohanmcgeek··on High prices will outlast the war
Anybody making this claim should also explain how the government goes about "printing" money

The government doesn't create money.

mohanmcgeek··on High prices will outlast the war
> My "personal inflation" regularly beats out CPI

I've experienced the opposite several times because I don't consume a few things that are part of the basket.

mohanmcgeek··on High prices will outlast the war
That's so much theorizing just to fit in the "money printing caused inflation" theory
mohanmcgeek··on High prices will outlast the war
Not sure what GP is talking about.

Housing is the biggest component in CPI: something like 40% IIRC

mohanmcgeek··on High prices will outlast the war
You seem to imply that the supply chain issue and the resultant inflation would not have happened had your government not borrowed so much?

What's more likely: - Prices went up because there was a short supply of tangible things that actually (somewhat) respect the supply-demand curve

OR - Prices went up because there was an "excess supply" of money from "printing" that arguably does not respect the supply-demand curve

mohanmcgeek··on Cascade: Open-source Node-based image editor with GPU-acceleration
The way in which the effects are specified/applied

Photoshop/GIMP would be "layer-based"

mohanmcgeek··on No-code is the future of programming. That's great news for engineers
> Most of the benefits of those so called no-code or low-code platform is not in the coding abstraction but in the platforming aspect that makes it easy to deploy

Exactly!

This is what the "serverless" model was supposed to solve but that got hype cycled into something else.

Now the same thing is happening with nocode.

I like the idea behind windmill but I would prefer writing the code in my own ide and checking it into git. Is this possible?

mohanmcgeek··on You don't ever own an electric vehicle
This has nothing to do with the car being an EV. Isn't it?

It's perfectly possible for ICE car manufacturers also to start adopting this "expansion pack for cars" model

mohanmcgeek··on Zero rupee note (2015)
Have you had to pay a bribe or fine recently?
mohanmcgeek··on Command-line Tools can be 235x Faster than your Hadoop Cluster (2014)
> Snowflake is probably 10-50x as performant as Spark for data manipulation

Wow is this for a fact? I haven't used either in a while but I saw the blog post from databricks and Spark was more performant than snowflake.

I assumed that's what I'll also get when i run spark on kube

mohanmcgeek··on Go Chainable: .map().filter().reduce() in Go
I share your opinion overall especially the rails part

but let's not assume the intentions of the OP here. It's perfectly okay for someone to try and implement collections API using generics in go just to see if they could

mohanmcgeek··on Command-line Tools can be 235x Faster than your Hadoop Cluster (2014)
But I can write SQL in Spark just fine. Can't I?
mohanmcgeek··on Zero rupee note (2015)
> Policeman demands a bribe to avoid having a record on your license for driving

The policemen in my city were very specific about getting the fine digitally. They wouldn't handle cash even if it was for the fine.

> The answer to bribery is to take away the power from the government

A much more practical way would be to disassociate the approver and applicant. Eg: You can't bribe your University examiners Cuz they won't even know how to find your paper from lot.

mohanmcgeek··on Zero rupee note (2015)
This looks nothing like the real tender for one, even from one side.

This is from 2010-2012, when large scams mobilized common people against corruption in India.

mohanmcgeek··on Zero rupee note (2015)
> They should have made the note look similar to a normal one, but with some kind of tracking enabled.

These exist and they're made by the government's anti corruption bodies.

This zero rupee is made by an NGO and it's different to make a statement.

mohanmcgeek··on YouTube suspends The Hill for playing clip of Trump denying election results
If we extrapolate this, these narcissists would be asking for an end to the Universal adult franchise and say that only the "properly informed" people should be allowed to vote.

I've heard this argument in my country already from certain circles

mohanmcgeek··on Go Chainable: .map().filter().reduce() in Go
People who prefer golang use it _because_ it is verbose. Nothing is implicit and that makes good easy to read.
mohanmcgeek··on More evidence that Covid-19 started in a market, not a laboratory
I'm not sure how you would know what their reasons were unless you're some kind of mind reader.

The other side just engaged in, labelling, name calling and ad hominem attacks which is what added credence to this theory in the first place..

mohanmcgeek··on More evidence that Covid-19 started in a market, not a laboratory
Firstly, I would prefer if you didn't dictate what I should believe in and what I shouldn't. I'm fully capable of analysing the information that I have and form my own opinion and it's alright even if it turns out to be wrong.

Secondly, it was suppressed in the way that news media and Twitterati were labelling everyone considering this theory as a possibility to be racist because some racists they know also shared the same views.

mohanmcgeek··on YouTube suspends The Hill for playing clip of Trump denying election results
The smarter-than-the-average people aren't the problem

The people who are very sure that they're way smarter than the average are often not very smart.

mohanmcgeek··on More evidence that Covid-19 started in a market, not a laboratory
Nobody asked people to take the lab leak theory at face value. If it's on shaky foundations, it could have been easily refuted. But the way in which it was supressed only added credence to the view.
mohanmcgeek··on More evidence that Covid-19 started in a market, not a laboratory
So argument must be dismissed/accepted not based on its merit but based on who is making it?
mohanmcgeek··on YouTube suspends The Hill for playing clip of Trump denying election results
The current "moderation" is in line with their opinion and they don't want to imagine what will happen when that changes.

And YouTube gets no love because they also removed the dislike button (which is a much more robust way of moderation) because they didn't like the outcome

mohanmcgeek··on YouTube suspends The Hill for playing clip of Trump denying election results
Perhaps if you dropped your arrogance you would realise that other people in the thread don't share your opinion and don't want to get the same message across more clearly?

You and YouTube seem to share the same sentiment that you somehow are smarter in every way than the said 30-40% of the population.

mohanmcgeek··on Ask HN: Replacement for Stack Overflow jobs section?
India is 5.30 from UTC.

I don't why someone in India would have difficulty starting at 11am.

It's understandable if it's the other way around: Someone in the US starting at 4am

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