From the beginning of the QE exercise, I've been slapping the "inflation is coming!! inflation is coming!!" crowd with the reality: the Fed (nor the other central banks, which the Fed really isn't you know) hasn't been dropping Benjamins from 747s over Anytown, USA all this time. No, it's been giving it to corps. and .1%ers. The result is local inflation, the stock market in particular, and corp. balance sheets' cash position.
There are three drivers of inflation:
1) wage push (workers get more moolah for the same work; actually gotten less since the Crash)
2) cost push (materials and equipment go scarce, so their price goes up; California's water will soon do that to food)
3) demand pull (Ma and Pa Kettle everywhere come into a windfall of moolah, thus bidding up the price of everything)
QE did none of those, in the general economy. Finally, a mainstream pundit (minor leagues, but hey!) gets it. Took long enough.
IFF AI, as currently implemented, can intuit Special Relativity from just a clock tower and a moving tram will I take AI seriously.
Infinite granularity yields infinite complexity.
The Kleptocracy of Muskistan Devours You
The world is not linear.
-- Dr. McElhone/1974
Well, I'm going to do it, whether the women like it or not. I'm going to protect them.
-- The Orange Shitgibbon©anon./2024 [y'all get burkhas]
Scientists aren't vocal enough about science. There are large groups of people who think scientists are all frauds and who don't
believe in science, and they're being cultured by some of our far right-wing politicians, religious leaders and community leaders. -- Dr. McElhone/1974
Well, I'm going to do it, whether the women like it or not. I'm going to protect them.
-- The Orange Shitgibbon©anon./2024 [y'all get burkhas]
-- Drew Weissman/2022
To date, Microsoft is stating that organizations testing In-Memory OLTP have
seen transaction speeds improve by up to 30 times compared to past
performance, with the best performance gains achieved when the business
logic resides in the database and not in the applications.
-- Jonathan Watts/2015 [my emphasis]
-- Jonathan Watts/2015 [my emphasis]
I have had to explain and re-explain and re-explain and re-explain, you know, how relational databases work, what is an eigenvector,
what is dimensionality reduction.
-- Christopher Wylie/2018
... but Flash-based storage has such a different performance profile from rotating media, that I suspect that it will end up having
a large impact on filesystem design. Right now, most filesystems tend to be designed with the latencies of rotating media in mind.
-- Linus Torvalds/2007
-- Chris Date/2009
This Week's thought
In fact, the number of full-time federal workers has been relatively static, within a few hundred thousand civilians, since the 1960s. ... [C]ontractors frequently end up costing the government more money. -- Zachary B. Wolf/2024 [ya know, like The Musk Ox]
See you next week in a brand new show©Heckle and Jeckle
In a time of SSD, multi-core/processor, two terabyte memory and Optane App Direct Mode machines, there is no reason not to
build from BCNF data. Time to do what Dr. Codd demonstrated. Technology has finally caught up with the maths.
About
- Robert Young
- Been doing databases, both relational and others, as well as operations research since Hector was a Pup.
Shameless Plug
I know a little something about SQL, DB2 (preferably LUW, z/OS if the money's right), Oracle, SQL Server, Postgres, and database design in general. Mentoring/teaching/consulting on a short term basis, too. And a bit of stat analysis if it's R.
gnuoytr at rcn dot com.
gnuoytr at rcn dot com.
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