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Cake day: July 5th, 2023

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  • Basically the equivalent of RAID 5 in terms of redundancy.

    You don’t even need to do RAIDz expansion, although that feature could save some space. You can just add another redundant set of disks to the existing one. E.g. have a 5-disk RAIDz1 which gives you the space of 4 disks. Then maybe slap on a 2-disk mirror which gives you the space of 1 additional disk. Or another RAIDz1 with however many disks you like. Or a RAIDz2, etc. As long as the newly added space has adequate redundancy of its own, it can be seamlessly added to the existing one, “magically” increasing the available storage space. No fuss.









  • To my understanding the Philips curve doesn’t even depict an expected increase in unemployment due to monetary stimulus. It depicts a relationship between (lower) unemployment and (higher) wages, and therefore at some level of (low) unemployment, (higher) inflation, due to people having more money to spend. In the short run. This is in relation to government stimulus (Keyensian policy) that lowers unemployment. It says that stimulus can lower unemployment at expense of higher inflation. Not that stimulus leads to unemployment. In fact rising unemployment during stimulus is an example of the model breaking down over the long run, according to what’s written here.

    You expect corporate profits to revert to the mean with cooling inflation, but this year, within our current higher interest rate environment, with inflation near target, corporate profits are at an all time high.. Sorry no data at my fingertips for Canada but the processes are the same. They even say that margins to GDP are at all time high. If prices rose because workers had more money in their pockets chasing the same goods due to stimulus, we wouldn’t see profits rise significantly more than wages. We wouldn’t see margins increase. This therefore can’t be wage-driven inflation. Which also means the Phillips curve doesn’t even apply here. I don’t know what else to tell you, but looking at BoC policy and population, without factoring in the market power of large firms in every consolidated market to set prices is bound to lead to incomplete conclusions and predictions. That’s kinda like considering that (level of) competition doesn’t have real effect on prices, irrespective of other variables.





  • I’m really jaded on whether reforming tax and investment law is a sustainable solution. Because the countries that did that are all trending in the direction of reversing those changes as capital accumulates and gains power over the political system and people (voters) themselves. Even in high union density places like Finland where unions and reformist socialist policy have slowed this process you can see people electing governments on austerity for the many. A policy squarely favouring their rich class. This speaks to erosion of the understanding of why the previous regulatory regime was introduced, who it benefitted, what would be the long term results of abandoning it, how things were before it. And this erosion isn’t random. There’s all sorts of information channels through which the rich convince people in explanations about the world that favour the rich. I hope there is some ingredient that if added would avoid this in the future for a very long time, but I’m not too hopeful. High prevalence of worker co-ops perhaps. I don’t know. Jaded I tell you!