Elaborate, please
Elaborate, please
The money supply grows because banks are only forced to keep some of their deposits as reserves. Everything else can be lend away. The formula for the amount of money they create (money multiplier) is as follows:
a = physical currency/bank deposits w = reserves/deposit accounts MM = 1+a/w+a
You can interprete w as the rate of reserves. So if we simplify the equation by assuming theres no cash it becomes:
MM = 1/w
So if the reserve ratio is 0.1, the MM would be 10, meaning that the money supply will be 10 times bigger than the monetary base (cash + reserves).
Why choose inflation when you can just as easily raise other taxes?
I’m sure you agree with me that increasing taxes on inheritance, property, capital gains or really high income would be more efficient than printing money.
What is supposed to be the argument for the “genius IQ” opinion? I’m not claiming inflation is this big bad monster some people make it out to be, but frankly, this meme seems like It’s advocating for relying on inflation as a way for the state to fund itself without any consequences.
The Trickster of Seville and the Stone Guest
“If people say edge is bad they should consider thinking about your windows 11 os lol”
If you aren’t compiling your own shoes you are legally forbidden to use Linux.
Sorry, I don’t make the rules.
Oh yeah, I always forget about that website. It’s quite good for testing out a lot of distros fast, but you need an account to have internet, you can’t use keyboard shorcuts (idk if there is a way to make them work) and they are a bit slow. It’s still worth a shot, though!
Ive been using Gnome with Fedora ever since I switched to Linux. So far it has been smooth sailing. I would say the choice of distro doesn’t matter that much, both Mint and Fedora are very easy to use. Just pick one with the Desktop Environment you like the most. If you are not sure, test them on a Virtual Machine.
You do you, but it’s better if everyone donates a bit of money to a lot of projects than donating a ton of money to a single project. It’s not like a single individual with a normal salary could fund a project alone anyways.
Let’s suppose that 10 people have 10 dollars to give each, and there are 4 projects which they all use: Project A is the most important for 7 people, so they recieve $70. Then comes project B with $20 and C with $10. Project D gets no donations.
But if we ponderate them by average importance it would be: A=0.5, B=0.3, C=0.15 and D=0.05. If they had split their donations, the allocation of funding would have been way more efficient.
Since you’re interested in traveling, I would say french. It is spoken in a very wide variety of countries all over the world, you have a lot of resources to learn it and it’s related to the other languages to know. Other languages might have more speakers, but if youre just interested in the visiting a lot of wholly different places, it is probably the best one.
1 + (1 + 1) + (1 + 1 + 1)… So -1/12 is still undefeated.
making it harder for many* to escape.
many: rich people
I mean, those are valid concerns. Most messaging apps require a server to be running at all times. If there is only one centralized server, costs will start to pile up, so they’ll need a way to make money; either by asking for donations, making a paid tier or by selling your data.
They are being ironic here
I have to agree on the DaVinci Code, it’s impossible to get pass the first chapter.
It’s a very nice game. Congrats to Armaan for being such a talented coder!