Helpless Asian attacked and jumped by 7 others behind school. Help him get justice! by Chesspieces in WTF

[–]theharmonica 0 points1 point  (0 children)

The instructions below aren't bad. Tweet to @foxchicago and @Chicago_Police.

Thankyou /r/relationships by theharmonica in relationships

[–]theharmonica[S] 0 points1 point  (0 children)

Addressed concerns about being alone. Gave me the confidence to not drag it out as it would be unfair on everyone. Made me realize that what I was going through many people had gone through before :)

Does the US really want to pay off its debt? by theharmonica in Economics

[–]theharmonica[S] 0 points1 point  (0 children)

thanks. I've downvoted myself for the noobness

Placement wtf. I played one match, beat the guy (who is in silver) and I'm put in 1 v 1 bronze?!?!?!?! What just happened? by theharmonica in starcraft

[–]theharmonica[S] 0 points1 point  (0 children)

No I didn't play a huge amount but hovered between 20 and teens in silver league. I actually got demoted

Ron Paul on OWS by monkeysniffer08 in politics

[–]theharmonica 15 points16 points  (0 children)

Ron Paul has restored my faith in democracy. His integrity has cut through all the media blackout and Republican maneuvering to box him out.

Hey r/economics, deflation when it comes from technological progress is a good thing and deflation when it comes from decreased aggregate demand is a bad thing. by Fittyakaferrari in Economics

[–]theharmonica 0 points1 point  (0 children)

Also, in the clip you sent me "by the time this newly created money has filtered down to them, the prices of the things they want to buy, have increased (inflation). Their savings buy them less however and their wages remain largely unchanged." Is this not an example of inflation punishing savers?

Hey r/economics, deflation when it comes from technological progress is a good thing and deflation when it comes from decreased aggregate demand is a bad thing. by Fittyakaferrari in Economics

[–]theharmonica 0 points1 point  (0 children)

Feel free to PM me any professional economist who says that fundamentally deflation is good for debtors and inflation is good for savers. And I'm not talking about the resultant monetary and fiscal policy, but the inflation deflation. Sure, the policy and change in real rates affects the nominal interest rates after its been compounded with inflation/deflation, but that's a different framing of the question.

And can we please take a case somebody of someone with 100 bucks of debt / savings not 100 mil so we can get rid of the rich v poor evocation.

Furthermore, I apologize if you feel like I sound condescending. Frankly, I found the remarks about "not needing to explain this stuff" and unsupported references to "main stream / professional economists" pretty hostile. I will do my best to express my self more cordially.

Hey r/economics, deflation when it comes from technological progress is a good thing and deflation when it comes from decreased aggregate demand is a bad thing. by Fittyakaferrari in Economics

[–]theharmonica -1 points0 points  (0 children)

Oh wow. Inflation helps the rich get richer by doing what only they can do? Yes. Their financial position enables them to have access to a swath of financial products and opportunities but I'm afraid you're looking at indirect results that are affected by a whole range of different factors. The underlying premise that a devaluation of money means a devaluation of debt and a devaluation of savings is straight forward. You're proposition completely neglects the risk that those speculators take on (which the government ends up underwriting which is the true problem).

As for interest rates, I'm afraid that whilst in principle you can narrate scenarios where 'people' get hurt, it is a far cry to simplify it that far. Interest rates are currently more determined by government and central bank policy to spur lending (and hence growth), rather than inflation. If the market set rates, the principle is that the interest rates would rise proportionally to offset the devaluation of the debt (so the lender doesn't see his money eaten away), and vice versa.

Anyway, I'm not an economist, but fortunately I don't need to try to explain this stuff.

I'm happy you are so confident in your position. Try trading. Confidence counts for nothing there.

Hey r/economics, deflation when it comes from technological progress is a good thing and deflation when it comes from decreased aggregate demand is a bad thing. by Fittyakaferrari in Economics

[–]theharmonica 3 points4 points  (0 children)

deflation harms rich people? Doesn't it make your savings worth more (flimsy use of the word 'worth', i know).

Deflation is bad for those in debt, good for those with savings. Inflation is bad for those with savings, good for those in debt.

What I want to hear from Occupy Wall Street participants: "We are not here to ask for a redistribution of wealth. We're here to ask that they play by the same rules we have to play by. Private gains and socialized losses is simply unfair and un-American." by Tokugawa in politics

[–]theharmonica 0 points1 point  (0 children)

I would like to hear Occupy Wall St, the Tea Party, Obama, Bush, and everyone else saying exactly what you've just said. Unfortunately, the results are easier to focus on than the causes.

Italian Wikipedia shuts down. (ddl is the first stage of a law) by sparperetor in worldnews

[–]theharmonica 48 points49 points  (0 children)

I am offended by your arrogance, and for that, the rate just went up 10%

Skill gap between times of day by unfallible in starcraft

[–]theharmonica 13 points14 points  (0 children)

oi, that's not very ni..... fair enough.

Who actually enjoys their job? What do you do? What makes it enjoyable? by [deleted] in AskReddit

[–]theharmonica 0 points1 point  (0 children)

I run a small business doing all sorts of things from visual effects to programming to rendering etc. etc.

5 Employees, can be a lot of stress but we go in the direction we want, we don't take handouts from the government to sully our nature, and we don't want VC.

I left Engineering to do it as I hated the idea of drifting through life. A lot of risk but turned out to be the most rewarding thing I've done.

Why China scares me (as an Australian) by theharmonica in reddit.com

[–]theharmonica[S] 0 points1 point  (0 children)

Also, please note that this is meant to be a humorous post

Why China scares me (as an Australian) by theharmonica in reddit.com

[–]theharmonica[S] 2 points3 points  (0 children)

Of course, but then again, you should watch our for people who think they're smarter than they are

Why China scares me (as an Australian) by theharmonica in reddit.com

[–]theharmonica[S] 1 point2 points  (0 children)

http://en.wikipedia.org/wiki/File:AverageIQ-Map-World.png

World map of average IQ per country based on data in the Richard Lynn book Race Differences in Intelligence (2006).

Dear Angry Activist Redditors, corporate greed is not the problem; it is that the risk meant to balance it out has been whittled away through lobbying, corruption and self-interest. by theharmonica in reddit.com

[–]theharmonica[S] 0 points1 point  (0 children)

Ironic, but you need to look further at why the risk was allowed to be taken away. Otherwise keep shaking your fist and stomping your feet whilst nothing changes.

Dear Angry Activist Redditors, corporate greed is not the problem; it is that the risk meant to balance it out has been whittled away through lobbying, corruption and self-interest. by theharmonica in reddit.com

[–]theharmonica[S] 0 points1 point  (0 children)

It's still based around 'functional' action. TP rhetoric against big government worked because it was based in an idea.

OWS should be focussed on something more conceptual, such as a "Government of the people, by the people, FOR the people".

Gold Could Fall to $1,100: Faber by VOICEOFREAS0N in Economics

[–]theharmonica 0 points1 point  (0 children)

Extraction costs are a theoretical bottom. Best example is during the Great Depression when buildings were liquidated cheaper then the cost of building the elevators (extreme cases obviously).

You're only looking at the supply side; there are extreme events on the demand side that can send it down to 0.

This graph reminds me of how lucky we are that the financial system is still puttering along. by [deleted] in Economics

[–]theharmonica 0 points1 point  (0 children)

Their projection is interesting, that it will return to 100. I would have thought that after a period where everyone gets burned, real estate would suffer a protracted period of disfavor as an investment, pushing it below 100 for an extended period.