trixn
Joined 8 years ago
Joined 8 years ago
That's about as correct as saying cyber security is largely solved by referring to a "benchmark" that a particular virus scanner is able to detect and prevent infection with 720 known computer viruses. All this shows is that the model has been fitted to the benchmark, not that it is hardened against any conceivable way of prompt injection.
And regarding vibe-coding a mobile app with zero users, probably zero monitoring and zero everything like all the other vibe-coded apps that have zero users. Sure you can do that but what is the point?
Or let me ask you this: What would in your opinion be a valid example of "money out of nowhere"?
It is very insightful to view money as a creature of accounting for debtor-creditor relations rather than thinking of it as some kind of commodity.
No I mean in the moment the bank grants a loan. The money the borrower receives is new money, its not taken from anywhere else. But at the same time the bank records the credit as an asset which makes it a balance sheet extension.
> when you put money on your bank account, the bank's balance sheet grows
That's true, you hand over cash to the bank which becomes its asset and your account balance is marked up for the same amount. Not all money in circulation is accounted on a bank balance sheet, but most of it is bank deposits. cash is an exception, it's public money, not private bank money. When you "put money in a bank account", i.e. you bring cash to the bank you are essentially selling your public government money to the bank and it pays you with its own private bank money (which it "creates" as well).
But this is only a micro-view of a single event. In the aggregate money is created when either the government runs a deficit or when banks make loans and money is destroyed when taxes are paid or loans are repaid.
Well, in case of a bank it can. And it happens on a daily basis. In fact thats how most private bank money enters the system in the first place either when a bank makes a loan or when it buys any other asset like e.g. a corporate bond (you can conceptualize a loan as an asset purchase as well, the bank buys a promise to pay from the borrower which is recorded as an asset of the bank). Both are a balance sheet extension from a double-entry bookkeeping point of view.
The 4 operations double-entry bookkeeping allows are:
1. balance sheet extension (e.g. making a loan) 2. balance sheet reduction (e.g. loan repayment) 3. asset swap (e.g. a bank buying a government bond with central bank reserves) 4. liability swap (e.g. transferring money from one account to another)
So it may be more accurate to just say that every event that affects the balance sheet must be one of those 4 operations.
Also see "Money creation in the modern economy" - Bank of England Quarterly Bulletin 2014 Q1
“no example of a barter economy, pure and simple, has ever been described… all available ethnography suggests there has never been such a thing”.
Barter as a form of commerce pre-dating monetary economies is a myth, a post-hoc rationalization of how money might have came about from the perspective of somebody that already lives in a monetary economy and it's entirely an armchair theory that does not rest on any historical and anthropological evidence.
What is true is that between parties that do not have an established relationship barter occurred and it is true that people seek to hold assets and demand tradable collateral during periods of unrest. But barter has never been a primary way to do commerce between parties that had a long-standing relationship. A theory of credit-money is way more useful to explain real world behavor than a metalist approach is. Gold isn't used in daily transactions, it primarily sits in basements and is also is not an input to allmost all of production. What makes us rich in real terms is not gold but knowledge, machines and technology.
Vaping is (compared to actually smoking tabacco) definitely harm reduction and significantly less harmful (which doesn't mean its healthy and you should do it). Yet it is treated like smoking cigarettes by law. For example in Germany you have to pay tabacco tax on the base liquid (which doesn't even contain nicotine) if it is intended to be used in a vape (17 cents per milliliter) which increased the price of the base liquid from around 10€ to 170€. But the base liquid only consists of two things (propylene glycol and glycerol) and both those substances you can by cheaply in a vet doctors online shop for maybe 5€ each liter. It's ridiculous.
Especially in a javascript driven web application you may want to select all "buttons that are disabled". But you never want to select elements that "have a rounded border of 2 px and a grey background and italic font style and....". This takes class names ad absurdum.
Class names should be used sparingly and describe the semantics of an element rather than its visual appearance. It should be something like class="button submit disabled" instead of class="f6 link dim br1 ph3 pv2 mb2 dib white bg-black".
If anything these styles should be exposed as sass mix-ins that you can use in your own styles. So you have a named set of style mix-ins that do not pollute class names.
While I understand the argument that hooks encourage to make dumb components stateful this is already the case with class based components. At the end of the day a developer is responsible for separating concerns of his application and he can fail to do so with class based components and hooks the same way.
Even when we don't have the numbers for everyday long-term use we already know the chemical and biological mechanisms that make smoking so harmful and carcinogen and we can measure that these substances are almost entirely absent in vapor during normal use of a vape because almost all of the problems with smoking come from burning tabacco and inhaling the fumes and vaping is simply way cooler and there is no fume but vapor (hence the name) and we know that the potential of vapor to do harm is way lower than fume. We never have any long-term data for anything new. But to make an argument for not consuming something you would at least have some reasonable mechanism through which it could be harmful and a lot of those known to be harmful mechanisms are present when smoking but absent when vaping. Even the British National Health Service agrees that vaping is at least 95% less harmful than smoking and this is a reasonable position.
> Trading the terrible effects of burning tobacco versus the insane amount of nicotine from vaping seems like an unknown tradeoff to me
This is just black rhetoric that is not evidence-based. How do you know the amount of nicotine is "insane" during normal use?
All available evidence points to vaping being at least one magnitude less harmful than smoking and this is backed by what we know about chemical and biological processes of the chemicals involved and through medical reports about people who replaced smoking with vaping. It would be irresponsible to deny smokers who can't quit a way to harm reduction just by claiming we don't have any long-term data. We know enough about combustion, vapor and the chemical and biological implications to be quite confident that vaping is much less harmful than smoking.
That doesn't mean we should promote it to anybody who is not already a smoker. But as a means to reduce harm for someone who seems unable to quit smoking it should be considered.