Because what matters is _Capital_ requirements, which differ by the _risk_ of the loan. A bank's Capital is what limits their ability to lend. Reserve requirements are irrelevant in the modern banking system.
You can give any amount to your kids tax free ... if this is within 7 years of your death then Inheritance tax applies to amounts given over 3k per year (on a sliding scale). So works fine if you want to give away large…
> what concretely happened: a poaching of a key employee Not quite the reason for the fine according to TFA: > Instead, it ruled that Luckey, who was working as a contractor for Zenimax before starting the Kickstarter…
> fulltime labor for everyone is simply not going to happen. We just don't need it. and from the article > there’s not enough work to go around I disagree. There's not enough paid employment to go around, but there is…
The $1.8 billion in consumer relief is not actually a penalty, since most of it is money that has already been lost, and is only being recognised now under the pretence of it being a penalty. > "The consumer relief will…
Don't forget that the money that the "big equity market players" invest is mostly held on behalf of members of the public, in their pension and investment funds, so the public is definitely affected.
This concern about economic growth in 1000+ years is entirely academic. The more relevant question is whether exponential growth (at whatever rate) is feasible for the next few decades and even centuries, and to me the…
> Also, why is the cost of employees with overhead lower? I think that's the cost of the employees for the 9 months (not 12) it takes them to do the required work.
These buy-to-leave flats are generally newly built (and were bought off plan), in high rise buildings with concierge / security, so there are no worries about heating, burglary or squatting... I'd guess the price of…
> Not sure you should be selling your house, then deciding to look. It's buying a house before you've sold yours that's a problem, not this way around (think cashflow), especially if you don't mind putting your…
Well, in our hyper simplified economy, the macbook airs are produced domestically - it's the only thing produced in fact (apart from ditches I guess)!
In Economy C, the workers who've been paid by the govt can then purchase 5000 Retina Macbook Airs at $1k each, the govt receives sales tax, apple employees get paid and pay income tax, and apple employees then spend…
>Sure, maybe a Chinese middle-class person can buy more Beijing Frappucinos than a middle-class person in Minneapolis, No, this isn't what's being said as the number we're talking about isn't per capita. I guess you…
Looks like the author explicitly considered that: > To try to understand whether people really were this bad at the task or whether perhaps the task itself was flawed, I ran some more stats. One thing I wanted to…
Please find me a single CDS contract that allows that definition of "default"? Or a law or a solvency judge who would agree? If your contract stated that you are to pay back 100 USD or JPY or whatever, on a certain…
>It's "literally impossible" only in a very literal sense of the word. The literal sense of the word "literally"? Yes, I think that's exactly what was meant! Has the word "literal" been so badly abused across the…
It's certainly a large scale problem, but a smaller problem than learning all the points of interest in the first place ... no one is saying it's easy ...
Kenya has pretty good rates for prepaid data, approx 1 US cent per MB if you buy a 500Mb bundle: http://www.safaricom.co.ke/personal/internet/data-plans/prep... 500KSH for the 500Mb bundle, current FX rate is 90KSH/USD.…
> There was hope that the Japanese would figure out something. 25 years later, they haven't. They've built up their safety net and put money into infrastructure projects, so that fewer people are suffering. That's the…
Looks like it's an Apple / iPhone 'feature' [0] so not directly EE's fault or intention. EE's initial response was quite unhelpful though, probably through misunderstanding. After all, who expects an unlocked phone to…
Is routine use of pesticides on 'organic' farms an american thing? I'm not familiar with the US organic standards / regulations. In the UK, the Soil Association (organic standards body) claims [1] that pesticides are…
Why bother with exponentially increasing costs? Even a token fee would ensure that copyright expires on abandoned/orphaned works.
> It'll be owned by a shell company in the Vigin Islands or some other tax haven & only the ownership of the company will ever change hands so no stamp duty will be due in the UK. I believe this isn't true any more.…
With the latest hike in British tuition fees (to around £9000/year from around £3000), studying in the US probably costs around the same as studying in the UK, so I'm not surprised that many more kids are suddenly…
Agreed. Looks like they know they cannot offer a video platform without providing DRM, because the media industry demands it, and they also know that trying to implement unbreakable DRM is futile. Therefore, they just…
Because what matters is _Capital_ requirements, which differ by the _risk_ of the loan. A bank's Capital is what limits their ability to lend. Reserve requirements are irrelevant in the modern banking system.
You can give any amount to your kids tax free ... if this is within 7 years of your death then Inheritance tax applies to amounts given over 3k per year (on a sliding scale). So works fine if you want to give away large…
> what concretely happened: a poaching of a key employee Not quite the reason for the fine according to TFA: > Instead, it ruled that Luckey, who was working as a contractor for Zenimax before starting the Kickstarter…
> fulltime labor for everyone is simply not going to happen. We just don't need it. and from the article > there’s not enough work to go around I disagree. There's not enough paid employment to go around, but there is…
The $1.8 billion in consumer relief is not actually a penalty, since most of it is money that has already been lost, and is only being recognised now under the pretence of it being a penalty. > "The consumer relief will…
Don't forget that the money that the "big equity market players" invest is mostly held on behalf of members of the public, in their pension and investment funds, so the public is definitely affected.
This concern about economic growth in 1000+ years is entirely academic. The more relevant question is whether exponential growth (at whatever rate) is feasible for the next few decades and even centuries, and to me the…
> Also, why is the cost of employees with overhead lower? I think that's the cost of the employees for the 9 months (not 12) it takes them to do the required work.
These buy-to-leave flats are generally newly built (and were bought off plan), in high rise buildings with concierge / security, so there are no worries about heating, burglary or squatting... I'd guess the price of…
> Not sure you should be selling your house, then deciding to look. It's buying a house before you've sold yours that's a problem, not this way around (think cashflow), especially if you don't mind putting your…
Well, in our hyper simplified economy, the macbook airs are produced domestically - it's the only thing produced in fact (apart from ditches I guess)!
In Economy C, the workers who've been paid by the govt can then purchase 5000 Retina Macbook Airs at $1k each, the govt receives sales tax, apple employees get paid and pay income tax, and apple employees then spend…
>Sure, maybe a Chinese middle-class person can buy more Beijing Frappucinos than a middle-class person in Minneapolis, No, this isn't what's being said as the number we're talking about isn't per capita. I guess you…
Looks like the author explicitly considered that: > To try to understand whether people really were this bad at the task or whether perhaps the task itself was flawed, I ran some more stats. One thing I wanted to…
Please find me a single CDS contract that allows that definition of "default"? Or a law or a solvency judge who would agree? If your contract stated that you are to pay back 100 USD or JPY or whatever, on a certain…
>It's "literally impossible" only in a very literal sense of the word. The literal sense of the word "literally"? Yes, I think that's exactly what was meant! Has the word "literal" been so badly abused across the…
It's certainly a large scale problem, but a smaller problem than learning all the points of interest in the first place ... no one is saying it's easy ...
Kenya has pretty good rates for prepaid data, approx 1 US cent per MB if you buy a 500Mb bundle: http://www.safaricom.co.ke/personal/internet/data-plans/prep... 500KSH for the 500Mb bundle, current FX rate is 90KSH/USD.…
> There was hope that the Japanese would figure out something. 25 years later, they haven't. They've built up their safety net and put money into infrastructure projects, so that fewer people are suffering. That's the…
Looks like it's an Apple / iPhone 'feature' [0] so not directly EE's fault or intention. EE's initial response was quite unhelpful though, probably through misunderstanding. After all, who expects an unlocked phone to…
Is routine use of pesticides on 'organic' farms an american thing? I'm not familiar with the US organic standards / regulations. In the UK, the Soil Association (organic standards body) claims [1] that pesticides are…
Why bother with exponentially increasing costs? Even a token fee would ensure that copyright expires on abandoned/orphaned works.
> It'll be owned by a shell company in the Vigin Islands or some other tax haven & only the ownership of the company will ever change hands so no stamp duty will be due in the UK. I believe this isn't true any more.…
With the latest hike in British tuition fees (to around £9000/year from around £3000), studying in the US probably costs around the same as studying in the UK, so I'm not surprised that many more kids are suddenly…
Agreed. Looks like they know they cannot offer a video platform without providing DRM, because the media industry demands it, and they also know that trying to implement unbreakable DRM is futile. Therefore, they just…