Viewing profile — orlandob

Gotta pay rent.

Inflation occurs if new money chases same goods. But if new goods are created, its new money for new goods, an expansion of the economy.

Money supply increase does not necessarily lead to inflation.

So many intelligent people read this site yet only a handful understand real world monetary policy and economics. Thank you for this comment.

"People between 40 and Ω (an indeterminate number defined as “really, just way too old”), are primarily employed as meaning-makers for the under-40 set. This is because they are mo…

kdb+/q, apl, j for finance

At some point, intelligent members of society (read: YOU PEOPLE) will realize that there is no such thing as zero-sum fiat monetary system. You don't need to tax someone for the go…

I've added the full quote to my post.

Those skills would get you callbacks. The killer in South Florida, at least, is the "3-5 years experience" requirement so often seen in job postings. A nice portfolio could overcom…

>>Basically you should teach yourself how to build essentialy any CRUD app (blogs, wikis, basic twitter, news site, hacker news, reddit, etc). When you can do that, you're employab…

Amazing if it actually happens. I don't think basic income guarantee alone will get Greece's economy going. Sadly, the economic/monetary illiterates will blast the basic income for…

And Project Orleans ( http://www.github.com/dotnet/orleans ) from Microsoft Research. Used by the Halo 4 team, it's a unique take using Virtual Actors.

There is one major difference between households and sovereign-currency Governments: households can't create the money they use, but Governments can. "So you're saying government d…

The title of the article is actually: "Nobody Understands Debt". A few years ago I discovered Modern Monetary Theory (thanks Warren Mosler, Bill Mitchell, Randall Wray, Stephanie K…

HN is my #1 source of information on the internet. Without HN (an HN ALGOLIA!) I'd be lost.

I've been listening to a relevant audiobook lately: Trust Me, I'm Lying: Confessions of a Media Manipulator by Ryan Holiday. In it, he speaks about his role in manipulating the sma…

What is Money? can be broken down into: How is Money used? and How is Money created? How Money is used is virtually the same for everyone:"medium of exchange, store of value, and u…

He is explicitly anti-Snowden and agnostic on Government surveillance (love the "we need more debate" trope). Bill Gates knows who butters his toast.

Learned two new things: WhatsApp co-founders were denied employment by Facebook and the criteria that makes you unemployable (and/or too qualified) to work in SV.

Curious isn't it? The best programmer at my company freaks out anytime he has to leave the CLI.

Linkbait trash. "Don't do this thing everybody says you should do. But I do and I like it."

Switched from iPhone 5 to Nokia N9 and I'm loving it. Can't believe how superior MeeGo is to iOS and how it was ignored. I will definitely purchase a Jolla/Sailfish device in the f…

EconViz ( http://www.econviz.org ) uses visuals to describe the circular flow of income through modern monetary systems (meaning non-EURO countries). It's based off the work of MMT…