skysight-inc/HackerNews huggingface dataset:
Logical, yes. But in practice, no. Interest rates have fallen while inflation has remained steady.

Consider that 20 years ago in 1994, the Mortgage rate was 9.17%, while today Mortgage rates are roughly 3.9%... it is clear that the market for interest rates is rather more complicated than you mention.

http://www.freddiemac.com/pmms/pmms30.htm

-------------------------

Second, you're right. It really doesn't matter how high or low inflation is, if it is consistent... then it is something the market will easily take into account.

So a steady rate of inflation is perfectly fair to both sides. Which is why the Federal Reserve wants to peg inflation at 3%.
Perhaps I am being too literal but to me "unsolicited offers" is quite clear in that it was an offer of employment.

I wouldn't be as shocked if the OP is a high functioning software professional with an extensive network of peers familiar with her work that do indeed make unsolicited offers. That is the information I am interested in so I can position myself similarly.

If that is not the case I'm surprised anyone is walking into their bosses office asking for a raise because they got an email or cold call from a recruiter.
Are we looking at the same article? It's satirizing paper vs digital money -- the focus is on money transfer tech, not monetary policy. The central bank stuff is about two paragraphs out of thirty.

Also, whether bitcoin is a "true" currency is orthogonal to the (satirical) point of the article, which is that paper currency would look weird if it weren't the traditional way and we were going to it from digital money. Whether Bitcoin currently handles 1, 7, or a trillion transactions per second is irrelevant here.
#4 Why is governments' ability to print limitless amounts of fiat currency not a problem with regard to its value?

Having the ability and using it are two completely different things.

"Competent economic management" (which establishes trust in a currency) is the answer to #2, #3. #1 - They are ranked by their primary objective which is slow stable growth.

#5 - because that is what has worked best.
Will she be able to get any help (a babysitter even for a few hours every few days to start with), or do you have family close by that can help that way? In my experience those sorts of breaks are very important to keeping your sanity.

There would be emergencies, although not often, and yes I would always answer them if I had to. Getting on a call is sometimes not possible when you have the kid so I used chat/IM more. My wife was very understanding this, mostly because she was not around much of the time as she was working very long hours! Jonathan the founder was also very understanding (really good guy) and if I really could not be available I would make sure the others knew. I also became very good at multi-tasking - feeding the baby while debugging server issues? No problem! ;)

Would I do it this way again? I'm not sure, it was tough, but the company was a very good experience, and I don't think that I missed out on anything with my child, or that I was a terrible parent.
Rather than stepping down, is it possible to hire help to take over some of your duties? If you've invested time and effort in your startup you should probably not just quit.
"I'm honestly starting to believe that it isn't hard to hire"

If this were true, then engineer salaries would not be rising so much. The demand for good engineers vastly outstrips supply.

Also, any explanation that requires you to posit mass irrationality is usually a bad one.
Curso Sobre Técnicas de Reabilitação de Pavimentos em Lisboa
Toyota brakes article.
FTFY

https://en.wikipedia.org/wiki/2009%E2%80%9311_Toyota_vehicle...
... and would you be fine if cops were unable to stop thief disabled car and decided to stop yours that was in front of his and therefore using it as a stopping wall "for greater good of pedestrians and drivers around you". Good luck then. Make sure you have a damn good chiropractor and well-written last will.
I think the answer is all of the above. Are they pre funding? More risk = closer to 5%. Are they on their third startup with two successful exits and raised $1.5 - $3 mil in Angel already? 1 - 2%. But you're in the right range for sure. (this is the first true outside hire)
>There are great hackers all over the country, and many of them can be talked into moving to the valley.

For all this "we work remote" stuff that is flying around this seems to be a direct contradiction. Is moving to the valley really necessary? I can postulate coming for a face-to-face interview, but I would never want to move to California.
Seems like this price should get driven to near free.
What do you know about these jobs? Do you have any actual facts proving that those are BS jobs?
Our company has been using Nexonia for a few years. Not to say there isn't room for competition, but I don't see any differentiator.

One feature I would like to see is better integration with my calendar. Nexonia will figure out my mileage based on the addresses I enter, but it would be nice if would simply pull this information in from my calendar, and perhaps take a guess at what meeting I just attended based on my current location.
Your type checker catches array indexing bugs? Impressive.
How do you figure? Mechanical failures like that are no better than ECU-based failures. Indeed, doesn't matter how old the car is, the software in the ECU isn't going to develop new bugs over time. But mechanical pieces fail over time, as your story demonstrates.
There's not really any reason why software couldn't still be maintained/written in an older version of the language, and have older VM/runtimes sitting around to deal with that. It's not like I can run Java 7 code on a Java 6 VM.

Hell, isn't that de rigueur anyways these days? We're already dealing with this problem, except the language itself is getting worse.
In order for this to work, there must be some means of communicating with the car at distance. The nature of this (radio, etc) doesn't really matter. There will be a receiver on the car that can and will be identified and removed by criminals, rendering the stated purpose moot. Of course removing the receiver will be made illegal, as if this will accomplish anything.

That leaves two classes of people who will be affected by this. One is people who commit unplanned crimes (e.g. hit a pedestrian, panic and run). The technology will probably help here, but unplanned violent crimes committed in public places almost always end with the suspect in custody, so the marginal benefit is close to zero.

The second class is ordinary people who are not committing any crimes, but who the police may want to stop for other reasons. The police won't even need to be in the area, they can show up later (at their leisure) after your vehicle has been turned off. Ever parked illegally for a few minutes so you could run inside and deliver something? Your car might be off when you come back. Going a little faster than the speed limit? Enjoy your unplanned stop on the side of the road and wait for a policeman to show up with your ticket.

This is yet another reason ubiquitous cameras and universal location awareness on the part of law enforcement is dangerous. Even if you accept that nothing is wrong with the police watching you 24/7, the mere fact that they are enables virtually any abuse they would want to commit.
No One Wants Your Powerpoint: How to make board meetings better
And the middle class is free to live without credit cards, mortgages, and student loans.

Its hard to call it "manipulation"... although I'd argue it is widespread ignorance that has caused this problem. It is clear to me that swaths of people do not understand the concept of debt until it is too late. There is clearly a problem in the education system.

Too many people are getting too much into debt. Not on someone else's choice, but on their own choice.
Well once you get past your cliff you're vesting so they're yours if you want to exercise them.
Spy Chief: We Should’ve Told You We Track Your Calls
my passion has turned to making a different kind of game than we’ve done before. To meet the challenge ahead, I need to refocus my energy on a smaller team with a flatter structure and a more direct relationship with gamers. In many ways, it will be a return to how we started: a small team making games for the core gaming audience.

I just read that as; we are gonna make an even more narative based System Shock 2 equivalent.
> This is how all banks worked before
Yes, before the 19th century. I didn't live back then, but I'm guessing we've come a long way since then: the credit card, online banking, security, etc.

Can you please explain to me how can a BTC exchange can run fractional reserve banking with the current design of Bitcoin? Because I can't.
Oh okay, so you can approve in batch (I also read your other reply about roll up notifications). That makes more sense now, and I can see why this system makes sense.

My previous companies were super rigid about expense reports to avoid any of these problems so I never knew they were problems for some people. You only had so long after your trip was complete, so there would be no "expense report from 2 months ago", and only a minimal delay before getting the quarter's numbers for travel and training. If you had a corporate card, it had to be reconciled each statement for accounting to directly pay the card, otherwise you were on the hook for the balance and responsible for getting it reimbursed to you.
You forget managers have budgets and budgets have to tie with a financial strategy. Company are judged on profitability and this pushes up efficiency and productivity. Have you actually ever worked in a big co? The only time I hear of hiring for the sake of hiring is when stupid laws create monopolies or in the public sector.
Under normal circumstances - I don't think Banks directly price for inflation unless it's a financial instrument specifically linked to a certain measure of inflation.

I worked in a bank for a few years - doing credit risk in both consumer (cards, personal loans, etc) and investment banking (bonds). When it comes to consumer loans, like cards, mortgages, personal, etc, the basic formula is the cost of funds plus a margin that reflects the risk (i.e. card loans more risky than mortgages).

Cost of funds relates to how much it costs for the bank to obtain those funds - its an aggregate of various wholesale market rates, the composition of its deposit base, and a bunch of other things.

Inflation risk is something I never had to factor - but it could have just been because I wasn't working in a time with a major inflationary shock
You seem to be saying that in order to fire a projectile farther, one needs to make launch angle closer to vertical. But that is not the case, unless the distances get very large you always achieve the longest distance by firing at a 45 degree angle, so half the velocity is in the horizontal direction. Making it more vertical than that will make the range shorter.

For extremely large distances (probably not relevant for naval railguns), the curvature of the earth becomes significant. But the correction goes in the other direction, it is optimal to fire at an angle more horizontal than 45 degrees. In the limiting case, the optimal angle for an ICBM is 22 degrees [1], and they will re-enter the atmosphere more horizontal than veritical [2].

[1] http://www.fas.org/rlg/garwin-aps.htm
[2] http://www.fas.org/nuke/guide/usa/icbm/Slide92.JPG
I agree that the rate of the discount would likely be constant over time if the rate of the increase in money supply was also constant. If you sold your labor for InfltaDollar's, you'd likely get paid a premium. However, when you go to the grocery store to buy stuff with your InflataDollars, the grocer will also expect the same discount for the InflataDollars they buy.

> It is apparent that the value of the currency would fall toward zero

I'm glad we agree on this.

> it is not apparent that it would fall to zero. You'll have to support that if you want to stand by the claim.

Fair enough. If graphed out, the value of the InflataDollar would only approach zero asymptotically. However, we're not just dealing with an abstract math equation. At a certain point, the market would lose confidence in the currency with a consistently falling value, and no one would be willing to accept it unless forced to.

I do admit that I could be wrong - predicting the behavior of humans is always imperfect. However, I am excited to see these experiments playing out in the cryptocurrency space. We have Bitcoin, which has a fixed supply of currency, and we also have Freicoin, a cryptocurrenty with demurrage (a form of currency devaluation) built into it. It will be interesting to see the futures these currencies have.
...And all industry jobs are mindless rote work.

I'm not arguing that the things you describe never exist in academia, but they're the worst examples of when things go wrong. They're not the norm.
Man, these guys made some great games.

> To make narrative-driven games for the core gamer that are highly replayable.

Candy crush with a story it is... Or less cynically, a totally awesome RPG with procedurally generated storylines so no playthrough is ever the same?
Mass irrationality happens all the time.
I do indeed have answers. I doubt they will satisfy you.

1. Central banks are ranked on two measures: a.) How independent are they? Are they easily swayed by politicians? b.) How well do they meet their mandates? The U.S. Fed is universally well-regarded in terms of its independence. It does less well on its "dual mandate."

2. Central banking systems make cash and checking possible. Without central banking, your bank-denominated money (whether "checking" or cash) is valued only to the extent that a third party trusts your bank. Your twenty dollar bill printed in Philadelphia becomes valueless in New York, 100 miles away. Fixing this problem makes business transactions, particularly lending, easier and more efficient.

3. Broadly, fiat currency is valuable because other people deem it to be so. Specifically, even if no other person on earth wants it, the IRS and the courts will accept it. Being able to pay my taxes and satisfy court judgments against me in fiat currency places a floor on its value. (It is interesting to observe fiat systems where you de facto can't pay your taxes in the fiat currency: north korea, cuba, zimbabwe, etc)

4. Ability is not action. It is a problem when and if they do happen to do so. (returning to the ranking question, the central bank that printed limitless amounts of currency would be very poorly ranked, since they would fail to meet inflation mandates) Secondly, we want the money supply to rise and fall with the economy. It is very important that the printing of money is not limited artificially, or else we encounter liquidity crises, bank runs, etc. The ancient demons of inflation and deflation.

5. Because the prior standard for currency, precious metal, was dangerously uncontrollable. The very word "dollar" comes from a place in Germany where silver was unexpectedly found, causing an economic crisis across Europe as cheap silver flooded the market.
Not nearly "all" nations are created illegally. Try the Czech Republic and Slovakia, for example. And what about the Algonquin Nation, were they created illegally?
The 50 most exciting lean hardware startups in Europe
If you don't understand why a dynamic language needs more tests than a typed one, you probably haven't worked with typed languages. The difference is dramatic and clear.

Just one example, code coverage must be 100% for a dynamic language in order to avoid runtime catastrophic failures due to simple typos - like letter transposition. Sure, 100% test coverage is a nice goal, but it's rarely met. In a typed language, you can be 100% sure this won't happen with zero tests.
VC Fund for the economically suppressed of India
Ukraine police storm main Kiev protest camp
Nothing. See: Mark Pincus & Zynga.
unfortunately, hiring more engineers isn't possible.

quitting isn't the option that's best for me--i'm more wondering if it's best for the company. i'm more concerned about occupying an important slot on the roster, but not appropriately pulling my weight.
Companies often give generic responses like "we feel like there isn't a match" to cover themselves legally.

More helpful responses can accidentally open you up to discrimination suits, and given the option of (A) bulletproofing every helpful response to make sure it won't come back to bite you and (B) just giving a generic and safe response every time, you can see why they'd choose the latter.
I still play CS:S online on and off. The last resort is the server admin. If you play on a server with active admins they can take care of obvious cases. The game is cheap but it isn't free so even if someone has multiple account you'll get them all eventually.
No we don't want competent people showboating and pissing cash up the wall reinventing wheels that have a high maintenance cost because it's fun.

We hire engineers.

An analogy: would you hire the electrical engineer who knocks up an ASIC for every task or the one who designs in a COTS part for a predictable unit cost and manufacturing lead time?
Reddit AMA tomorrow with Google's team behind Guava, Guice, Dagger, etc
Looks like it's a Go joke/shot: https://code.google.com/p/go/issues/detail?id=9
A lot of times an otherwise great engineer will be passed over due to culture fit.
Assuming you are sarcastically dismissing typed language defenses, as if people promoting typed languages have the position that tests are not necessary.
Your bank account information never touches Abacus's servers. http://support.abacus.com/hc/en-us/articles/200792470-Is-Aba...
Java 8 would make a very poor Scala substitute, and only offers a small subset of what is provided by Scala.
An embarrassing peak into Wall Street's elite secret society
But one of the Scala drawbacks they cite is "arcane syntax". Another one is all the "advanced features" than can "weave a tangled web of code undecipherable to even its authors".

That's very much against the usual alleged benefits of Scala vs. Java that you've listed.

That's why I was very interested in the article, a "real world" take on Scala that really felt doctrine-free.. but found it odd that they didn't mention anything about Java. Java would seem at first blush to solve all of the concerns they listed: compile time, arcane syntax, counterproductive advanced features, primitive IDE support, training needs. While at the same time preserving most of the benefits: type safety, concurrency with Play/Akka, JVM ecosystem.

So it was just a little weird to not mention the elephant in the room.
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Look at it the other way. In fact, you can do a blind test. Try writing in a strongly, (well[0]) dynamically-typed language for a while, and count the number of times your code fails at the REPL due to a type error.

Each of those would likely have been a compile time error in a language like Haskell.

Just earlier today, I was writing some C++ (I normally write Clojure) and I was bitten by this. I'm used to evaluating code in the REPL as I work, telling me up front when I try to concatenate a string and an integer, or when I misspell a variable name.

Yes, there are other ways around this (and proofreading your code before you write it is a good practice, in addition to tests). But dynamic typing can make development much faster[1].

Even if you claim that you would have caught all of those bugs in a type system (which I simply don't believe - no real-world project has types that are that precise), it's much better to catch bugs at run-time, because (unless you're writing Go) your compiler takes much longer to run than your REPL does to eval.

[0]: I qualify this to rule out Python, which has weak typing as well as mutability issues to complicate things, and JavaScript, which just has a terrible REPL period.

[1]: In some sense this is all a moot point, because any difference in development speed between statically-typed and dynamically-typed languages is dwarfed by one's familiarity with the languages in question. The only real way to test this would be to use a dynamically-typed language that has an optional type system as an external tool, luckily quite a few languages do this in a way that'd be straightforward to do a blind test (Typed Racket, Typed Clojure, Erlang w/ Dialyzer).
Find the pain and you will have no problem with money coming your way. Turning my Facebook conversations into a book clearly solves one of my deepest, most painful issues I have today. There is no pain I feel greater right now than wishing my Facebook conversations were turned into a book.
>Not taking sides here, but I think it could be argued that devaluation is good because it encourages economic activity (i.e. spending) instead of mindless hoarding.

So would threatening to execute anyone who spends less than n% of their take-home pay, but people don't advocate that, do they?

Before you object to the comparison, I know: "That's different: the costs would vastly exceed the benefits!"

Right, but there would be costs! There are costs any time you force people to spend (commit to purchases) earlier than they would like to -- whether you do it by inflation or the sword.

One cannot simply say, "well, economic activity [that we measure] went up, so that must have been a good idea!" But anytime someone brings up the "encourages economic activity" argument for inflation, they rarely offer any way to model the cost of moving up purchases like this, nor do they even realize it's necessary to do so!

(Edited to avoid excessive attribution of the argument.)
"If someone performs and earns their grant over four years, they are likely to increase the value of the company far more than the 1% or whatever you give them."

This argument seems flawed. If I think someone is going to double the value of my company, should I be comfortable giving them up to 100% equity? Put another way: percentage growth of your company from an early stage to some point in the future most often exceeds 100%.
The point of this thread is they didn't send fighters up to escort it. They welcomed other countries doing so, but being outside office hours they were not inclined to scramble jets themselves.

I didn't say 9/11 was an existential threat. Knowing it would be used as an objection for my lack of encyclopedic completeness, I exempted it from the observation that most hijackings end peacefully. As for your "calculus", the only thing they can do is aggressively assure the hijackers don't turn it into a 9/11-style attack; shooting down a loaded airbus is not preferable to closing most airstrip options and letting lack of fuel force a landing where subsequent takeoff cannot happen.
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How to Land a Marketing Job – Part 2
It just has to make some loans.

If it has 1 bitcoin of deposits and writes 0.5 bitcoin of loans, it can't cover the deposits anymore.
Plus if you're really keen to approve expense receipts in real time then the Oracle/Blackberry combo works fine.

Funnily enough the least painful expense report I've ever had to send simply involved filling in a spreadsheet, which lacked the abundance of compulsory fields that software designed for proper expense auditing seems to have.

The automated bank account monitoring sounds like the biggest potential timesaver, but it also sounds like something I really don't want to grant to my employer.
> By that reasoning ...

My reasoning in no way implies that. I simply said that I'm sick of this argument that "if it compiles, it works!" Nobody who knows what they are talking about actually believes that, especially not people who design and build statically typed languages!
so are you no longer at the company? sounds like you had a fantastic support network.
A legally created nation came into existence three years ago.

http://en.wikipedia.org/wiki/South_Sudan#Independence_.28201...