skysight-inc/HackerNews huggingface dataset:
$1200 stimmy check was not the big deal.

Receiving $600/week in addition to unemployment for 24+ weeks was.

Many hourly workers were making more money than working when you combine $600/wk and unemployment at 30-60% of their regular paycheck.

This dramatically stimulated the economy. And businesses.

And then there are all the PPP funds that equates to 50-75% of a companies annual payroll.

Also dramatically affected companies, and gave a false sense of security - preventing innovating into ‘the new normal.’
Not everyone--in fact, nearly everyone--doesn't subscribe to your sky-is-falling comments throughout this thread. Your ego and your news bubble may make it seem like everyone thinks the way you do, but they don't. Instead, people like you further radicalize and polarize everyone, which will only lead to conflict, not rational solutions. Take a moment and breathe. We're all alive, and life on Earth has never been better.
Looks to be fixed on Amazon.com: https://i.imgur.com/twYEtb3_d.webp?maxwidth=760&fidelity=gra...
I get it but why allow for exotic derivatives and not the spot? It seems like you’d disallow derivative products until the spot was properly handled. (Custody concerns etc).
Right, and that’s what makes “branch” a vague notion in git. It’s not clear what exactly is meant with “branch x” when it’s not just about the labeled tip, and often enough no further clarification is given.
> So generic comments like yours (that could apply to any interface of Science and Policy, including cigarette smoking or leaded gasoline) that don't address the specifics of this particular problem come off as, well, pretty low-information.

It seems like you misread the main point of making that comment. I wasn't trying to refute the entirety of climate change in that post. The point was to try and provide one personal opinion on why climate change feels like a religion using a fairly clear understanding of the difference between the scientific method and what is not science.

If climate change is too loaded of a topic for you, think in terms of Covid and what we've dealt with the past 2 years. There are smart rational people who are shouted out down for "not trusting the science" when they merely disagree with imposing a particular risk-management decision on young healthy people who face almost zero risk from Covid. Science doesn't tell anybody to take any particular medication: science merely gives us the tool to understand the possible risks and benefits to human actions.

If that's a boring, low-information, generic comment, well ok then.
I misread and thought this was a native version of a shrug copier for Slack, like https://shru.gg/
We are unable to refund mistaken purchases, and/or if you don't like the game
Wasn't Saylor encouraging people to take out loans against their home to buy BTC?
Grayscale doesn't have many ETFs because the SEC refuses to approve crypto ETFs. Their Bitcoin trust (GBTC) has $13B under management, is carried by every major brokerage, and they've run it since 2013. They have the exact right expertise to run a Bitcoin ETF.
> An e-book is going to heavily (and negatively) impact the sales figures for the print book

What? Do you have a source on that claim?

For me, I only get ebooks for programming books because I can have the IDE side by side with the PDF, no need to continuously look at the physical book and then back into my IDE, and I can copy paste code examples.
People have used their crypto and stocks to take out variable rate margin loans. These loans have been used to avoid taxation on capital gains. I know multiple people who have used them to buy houses without a mortgage.

As crypto and the stock market deflate, they will have to sell assets to cover their collateral difference. This means tax, which means more sales. This is going to continue all the way down. I would expect housing price crashes in local markets that skew towards tech.
Crypto is microscopic vs the larger markets. More of a canary and coal mine.
I don't think stim money was that big of a deal, but PPP fraud was: https://www.nbcnews.com/politics/justice-department/biggest-...

"Small business owner receives $2m in PPP, then uses it to buy a second house" is a common anecdote.
This is not how money works and I've seen so many people make deeply flawed arguments because they misunderstand it. Money flows continuously and is only at rest when it's held in vehicles like bank accounts, money market funds, and bank reserves.

When you increase the money supply dramatically, that money is in circulation, and various factors determine its average velocity. There's also a multiplier effect in the form of debt created on top of base money. But the key point is that almost all money is continuously flowing through an economy. Incidentally, disincentivizing people from leaving money at rest for too long is precisely why it's important for a currency to be inflationary.
Slack is no longer a small private company. They are owned by Salesforce
This remains a pretty reasonable consensus view right now.
Current issues are largely not debt driven like the 2008 (and other large) recession.

Mostly inflationary environment of low interest rates, heavy stimulus, high consumer spending, supply chain disruptions, and irrational exuberance.

Probably looks more like the 2000 cycle than the 2008 cycle as a result.

2008 and other debt driven recessions are much worse - https://en.wikipedia.org/wiki/Balance_sheet_recession
Yeah, that isn't going to happen.
I really love the irony of your intended lesson vs the fact that you're posting this on HN in 2022.
I hate to break it to you but your hair stylist more than likely hasn't followed the scientific process to determine whether what she says is true. If it was that easy everybody would do it. Anecdotally, I personally have brushed my hair a few times (tried everything except the drugs) and the hair just all fell out even more.
People have taken out loans against their home to buy crypto and loans against their crypto to buy homes.

So many people are insanely leveraged.
Amazon.com shows the correct English to me.
It depends on how you mean paycheck to paycheck. A third of Americans roughly rent their homes. Slightly more than half spend more than 30% and growing of their income on housing. Wages have been flat or declining for about forty years in many industries. Roughly half of Americans own equity or stocks of some form through brokerage or retirement accounts, but that could mean as little as one share. Most people don't have money for an emergency $1000 expense.

I would attribute inflation to some combination of the "silver tsunami" of retiring baby boomers, the Russian war of aggression upon Ukraine, the lasting disruption of the COVID pandemic, profit seeking from corporations, over reliance upon JIT inventories and underinvestment into infrastructure for decades, and the usual rent seeking. Some blame may be laid upon the Fed for keeping rates so low for so long, but there were probably sound political and economic reasons for doing so. However, I'm not economist, just an accountant who studied economics for awhile.

> I'm having trouble understanding how this stimulus is responsible for today's inflation.

The stimulus was paid out more to businesses than to citizens. The airline needed bailouts, paycheck protection program, etc. Defense spending is always increasing. Child tax credits and an expansion of snap/wic benefits and stimulus checks reduced child poverty for a time, but we're regressing in the US now as far as child poverty and malnourishment rates are concerned. I don't suppose I covered everything, and I am just recapping from memory here.
i was able to find the xxhash core within 5 minutes, with no particular experience in xxhash or hashing algorithms.

1. google xxhash, click first result (github)

2. open xxhash.c

3. see it is mostly empty, go back and open xxhash.h. this file is 6k lines (not 20k), it probably has most or all of the implementation somewhere.

4. starting from top of file, read intro docs: "xxHash [...] is proposed in four flavors, in three families: 1. @ref XXH32_family: Classic 32-bit hash function." i will select XXH32 for illustration.

5. scroll down to examples, which calls "return XXH32(string, length, seed);"

6. ctrl-f "XXH32(", could be done in any text editor (even notepad)

7. press enter 6 times

8. see "@brief The implementation for @ref XXH32().", we have probably arrived at the core or reasonably close to it. if that didn't work, then I would try "XXH32 (", which would immediately find the XXH32 function.

of the 6k lines, about 550 are empty, about 2800 are comments, and about 800 are preprocessor directives. the comments appear to be mostly useful comments, not the "/* Frobnicate the bar. */ int Bar::frobnicate()" type which tend to be seen in IDE-overuse projects.
> In short, we are positive about the economy’s fundamentals and believe they can provide ballast in the event of a recession. Nonetheless, the bear-market bottom for stocks may still be 5%-10% away.

This is a bold prediction given that multiples are near all time highs [1]. The Schiller PE ratio suggests that in historically normal times stocks would be worth 50-60% less than they are today, and monetary policy is quickly returning to normal.

[1] https://www.multpl.com/shiller-pe
Smart lad, keep it up.
And if it's anything like siri, it can barely do anything useful, so it doesn't matter if it understands you.
The SEC refuses to approve spot crypto ETFs. The SEC approves future based crypto ETFs.

Also, I wouldn't point to grayscale as an example of a good operator. Their Bitcoin trust is trading way below par.
Periodic Table Changes
Norway Was a Pandemic Success. Then It Spent Two Years Studying Its Failures
> People earning between $35,000 and $75,000 annually traded stocks about 90% more than the week prior to receiving their stimulus check.

https://www.cnbc.com/2020/05/21/many-americans-used-part-of-...
https://archive.ph/pGsl0
A $2T Free-Fall Rattles Crypto to the Core
I mean $600/week on top of unemployment ($40-450) is still poverty line wages for a family depending on where you live. [1]

These people weren't exactly rushing out and buying Krug and caviar with their $40K/yr pre-tax wage. That's what some tech workers get every month.

[1] https://aspe.hhs.gov/topics/poverty-economic-mobility/povert...
comparing theft of a $5 tshirt or whatever to scams worth thousands of dollars is what seems disingenuous.

most of crime in the world is not petty shoplifting, its financial fraud amd much of it is done under corporate veil
Perhaps smaller companies started firing people. so the average per company dropped?
Finasteride is real medicine that delays baldness as long as you start it before you have already lost too much hair.

Ask your doctor about it ASAP if hair loss is an issue for you
Bitcoin futures are cash settled so there aren’t the same custody issues, there’s no delivery of the underlying involved.
They’ve done a lot of work in the last year on the software side. Might be worth revisiting. They’re tentatively on track to (finally!) ship in September of this year.
Hats off, this is a fantastic feature to include in the browser. If Mozilla can pull this off, I can _almost_ forgive Colorways. Almost.

Stripping trackers manually has been second nature to me for years, but installing an extension to automate this process always seemed like overkill... makes a lot of sense for the browser to do this on its own.
Last I read 1/2 of all murders come pre solved, because the killer a) calls the police and says I just killed someone, or b) kill themselves.
A relevant recent post on "asshat": https://news.ycombinator.com/item?id=31345163

Also, the compound assclown was coined by Office Space: https://www.cinemablend.com/news/2467219/how-office-space-co...

I had read somewhere that the altered line was intended to be read "no-talent-ass clown", but Herman read it as "no-talent ass-clown", and a fantastic insult was born. That part could be apocryphal though.
Can shareholders or private equity liquidate the company? Seems like a lot of money to be made?
A United States without border control would mean that anyone in the world could fly into the USA. And then walk over the border into Canada, and claim asylum. Or simply live here illegally. Whatever the weather, we have better social welfare programs, including for those under removal orders and without status, than the United States.

Some would be Mexican, or Central/South American, but at the moment, the #1 country of origin for this practice is actually Nigeria.

The large majority of these claimants are ultimately denied asylum and deported as they are not considered refugees under Canadian law, but it's an increasingly common phenomenon. They get a year or two residency in Canada, and a long shot at possibly being accepted. At the moment they are entitled to a full asylum hearing and social assistance while their cases are heard. We could not maintain that if it becomes hundreds of thousands, or millions, per year.

Perhaps ironically, I imagine that Mexico would have the same objection, for the same reasons. Mexico would also be a living standard upgrade for about 2/3rds of the world's population.
I wasn't sure that an air compressor is a good comparison, but I thought that a typical fan was also not a good comparison because the air it moves doesn't have much resistance to it. Presumably if you're trying to force air through a process that separates out CO2, there will be more back pressure than just blowing into the open air.

Assuming, though, that the process could keep up with the air flow that 100 of those 30 inch fans could produce (if we imagine a shipping container being about 10 feet wide by 10 feet tall) then that's 1 million CFM, which is 50,000 times my original comparison, so only 400,000 units would be needed.

To pick some more arbitrary numbers, if 100 factories were built, each producing one unit per week, that would take 4000 weeks or roughly 80 years. Feel free to consider more realistic numbers, which may lead to different conclusions.
Sorry. I was responding in the context of automotive. There have been so many articles about the automotive chip shortage mentioning Intel. It's seems like filler by uninformed journalists. Intel is not a top dog in auto and most of Intel's auto qualified parts are in the Altera line actually made by TSMC.

Intel is still very very relevant overall to server, networking, and consumer space. Huge revenues!
What an awesome project! And AGPL is really perfect for this kind of work.

What's the BOM look like? I'd love to understand more about the design. The software's open source, right? After a brief skim I didn't see a repo link. Does anyone know where the source is? Do they use an AI accelerator DSP/TPU or just plain-old-software-on-a-CPU?
> Safari still has around 60% on MacoS

It's preinstalled on MacOS and you can't uninstall it, just choose not to use it.
The deception is implicit, when you take on a full time role it's commonly understood that you're declaring that you're dedicating yourself to that role on a full time basis, i.e. that you don't have another full time job.

The law is interpreted by human beings, you know, it's not a 'code is law' situation. Remember that a jury would make the final decision. I can see a good lawyer using an argument along the lines of 'well, you said agreed to work FULL time. If a bucket is already FULL would a reasonable person expect the bucket to be able to carry any more load?' and winning.
It does, though. You need to buy a $20 license to use Slack's features.
Mahabhringraj oil blocks testosterone activity in your hair follicles. Also lots of other good stuff. Extremely effective when used as directed (e.g. in evenings or night and washed out of hair within 12 hours of use. Most effective when a micro needle derma roller (.2mm-.3mm needle) is used afterwards for increased absorption.

Infrared laser diode caps stimulate cell activity (both growth and graying--use with lots of antioxidants and pause if graying begins to increase)
The unsolved rate is still 2.6 times higher.
Seems appropriate to quote Bertrand Russell here: “Envy consists in seeing things never in themselves, but only in their relations. If you desire glory, you may envy Napoleon, but Napoleon envied Caesar, Caesar envied Alexander, and Alexander, I daresay, envied Hercules, who never existed.”
Its nice being able to go all the way from fully GC reliant cyclic data-types with closures all the way to memory control-freak every byte and microsecond matters by using stack objects and 'var' parameters. Often you can keep 90% of the code and just tweak a few slow points.
Naw, we're all pretty much done when the nukes fly.
It's funny to see how basically all the official mainstream IM clients like AIM, MSN, ICQ, etc. used to be 1-window-per-conversation, but then in some odd wave of "modernity" (for lack of a better term) that was all dispensed with, and then now, multiple windows is somehow heralded as a new feature again.

To me, it's just common sense that each conversation should be in its own window, instead of stuffing them all into one window that only shows one at a time.

There's another comment here about how Teams' multiple windows is confusing, but I think that's more to do with it being Teams than anything else; as I mentioned above, all IM clients were originally multiple-window and people certainly didn't have trouble using them.
Those billion dollar per day camping trips were fun though, right?

The big sneeze involved some fancy face decorations as well. These things aren't cheap either.
Jane App is expanding across Canada. We're a profitable SaaS company with a clear mission. We support over 27,000 clinics with scheduling, tele-health, payments, invoicing, charting & more and we're now a team of 310. We're profitable, high growth (800+ clinics joining a month), grow responsibly and transparently and have a clear strategy.

We're a Rails monolith but now exploring domain boundaries and looking at potentially separating services. We have a mix of greenfield work, rearchitecting and a ton of fascinating engineering challenges.

You've probably used Jane. Our scheduling app is now processing 300m+ API calls per week, our custom build payment product is averaging $100m clinics revenue per month and we've got a ton of exciting stuff going on.

Interested in hearing from our Co-CEO, she does a great job at explaining our approach to growth and the fact we have no sales team: https://afternoont.podbean.com/e/alison-taylor-of-jane-app/

We look forward to hearing from you.
The wealth distributions are different. For example, minimum pay is higher in other western nations. The richest people are richer in the US but the poor people are poorer. So depending on how you cherry pick incomes/wealth you can show whatever you want. I personally care more about how a nation treats its poor than how wealthy the most wealthy people are. But YMMV of course.
Do you buy electronic hardware - from any company? Or do “terrible working conditions” only matter if the workers are in the US?
I've been taking thymus hormones most days for seven years. Confirm it reduced hair loss.
The market thinks that the SEC is putting up road blocks to get the exchanges to register with them (currently, the only license needed to operate a US-based exchange is a money-transmitter license). The exchanges don’t want to register with the SEC, because according to them - they aren’t selling securities.

Thus - the game of spot ETF.

Grayscale isn’t rushing either, because they are farming management fees.

Only ones losing is “investors”. The ones that the SEC suppose to protect.
> SPANISH galleon

There, you have the legal owner of the galleon.
Shipto.me - privacy focused parcel delivery platform that delivers through UPS
Here is the crux of their argument (informally, I'd be interesting to see how they actually frame it in the suit):

> As Grayscale and the team at Davis Polk & Wardwell have outlined, the SEC is failing to apply consistent treatment to similar investment vehicles, and is therefore acting arbitrarily and capriciously in violation of the Administrative Procedure Act and Securities Exchange Act of 1934,” added Donald B. Verrilli, Jr., Grayscale Senior Legal Strategist and former U.S. Solicitor General. “There is a compelling, common-sense argument here, and we look forward to resolving this matter productively and expeditiously."

Given that the SEC has approved no other spot ETFs for BTC, I don't know how they can make the argument that the SEC has "failed to apply consistent treatment."

Unless they're claiming that spot ETFs for BTC as a whole should be treated identically to other spot ETFs, which feels inconsistent with their larger argument for approval (that the Bitcoin market needs to be brought into the regulatory fold, implying that it's currently amenable to manipulation.)
> Money flows continuously and is only at rest when it's held in vehicles like bank accounts and money market funds.

It isn’t at rest when it is in bank accounts, either. A large percentage of that is loaned out.
The amount spent on the PPP and stimulus to individuals was dwarfed by the 450 billion the fed leveraged into 2.3 trillion to loan to banks and buy mortgage backed securities + bonds: https://apnews.com/article/municipal-bonds-jerome-powell-fin...
I knew it would be this experiment. I was just commenting (in a different thread) on how decent people underestimate how evil evil can get a few minutes ago too.
Musk needs deregulation to keep autopilot on the market and Tesla on the road. He also knows and worked with Thiel who backs the new republican power base and probably has seen how much benefit that's brought Thiel. I imagine this also explains his interest in Twitter, a platform which would give him political influence.

Interestingly, back in the early days of the automobile people there were no "car accidents" rather "car murders" since the streets were mostly horses and pedestrians. Jay walking became a crime because of intensive lobbying by automobile manufacturers.

Deregulation has been a systematic effort by corporations to limit their liability for things that are not and should not be called accidents.
Fun fact: part of the scary-effective logistics of the mongols was curing fresh meat into jerky using horse sweat during the ride.
anyone could convince me why we should use this instead using battle tested framework like ruby on rails or phoenix?
The best thing you can do is just get over it. As somebody who's tried almost everything that seems like it has a chance, it's a genetic problem. It's aggravated by stress and other conditions.

The only "solutions" you consider are wearing a hair system (toupee of real hair), drugs (finasteride, minoxidyl, plus hair transplant if you want), or a care-free attitude. I personally go through phases of caring and not. Life's just better when I don't worry about it.
This is a spot versus future ETF issue.

When applying for an ETF you have to prove that the underlying cannot be easily manipulated, and is evolving in a fair market.

The current ETFs are based on BTC futures from CME, which is a high quality, regulated, futures exchange.

The SEC is basically saying that the spot BTC market cannot be trusted, is not regulated enough, subject to potential manipulation (as defined by Grayscale of what is BTC spot market).

There are points to be made for the SEC's arguments, depending on what Grayscale defines as being "BTC spot". I did not read their application but I can guess they would have to prove the spot market reference price (the ETF index) is a somewhat aggregated value based on multiple markets avg(binance, uniswap, sushiswap, coin base, ...) and failed to convince it could be trusted. Considering most of these markets are beyond SEC's reach, it sort of makes sense.

There are also arguments in favor of Grayscale, mainly because the future price is based on the spot price, so a manipulation on the latter would reflect on the former.
Also Dizzie Gillespie’s face at full power.