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Author Topic:   Testing The Financial Apologists
AZPaul3
Member
Posts: 8593
From: Phoenix
Joined: 11-06-2006
Member Rating: 4.3


(1)
Message 121 of 582 (896776)
08-21-2022 9:44 PM
Reply to: Message 120 by xongsmith
08-21-2022 8:20 PM


Re: Fiat Money Pros & Cons
Astrophysics encouraged learning russian...
These days it's mandarin.

Stop Tzar Vladimir the Condemned!

This message is a reply to:
 Message 120 by xongsmith, posted 08-21-2022 8:20 PM xongsmith has replied

Replies to this message:
 Message 122 by xongsmith, posted 08-21-2022 11:27 PM AZPaul3 has not replied

  
xongsmith
Member
Posts: 2600
From: massachusetts US
Joined: 01-01-2009
Member Rating: 4.8


(1)
Message 122 of 582 (896777)
08-21-2022 11:27 PM
Reply to: Message 121 by AZPaul3
08-21-2022 9:44 PM


Re: Fiat Money Pros & Cons
AZPaul3 quips
These days it's mandarin.
I can't remember reading any specific Chinese astrophysics books, but the first book by Carl Sagan I read was his first one: an updating of a translated 1963 book by the Russian astronomer I S Shklovskii. This collaboration, published under both their names, was titled Intelligent Life in the Universe (1966).
In it they discuss SETI and at the end humorously, but seriously, go into length about whether there is life on Earth and how ET might be able to detect it.

Edited by xongsmith, : fix line break in middle of I S Shklovskii's name.


"I'm the Grim Reaper now, Mitch. Step aside."
Death to #TzarVladimirtheCondemned!
Enjoy every sandwich!

- xongsmith, 5.7dawkins scale


This message is a reply to:
 Message 121 by AZPaul3, posted 08-21-2022 9:44 PM AZPaul3 has not replied

Replies to this message:
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Theodoric
Member
Posts: 9276
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.7


Message 123 of 582 (896780)
08-22-2022 10:30 AM
Reply to: Message 119 by kjsimons
08-21-2022 5:46 PM


Re: Fiat Money Pros & Cons
I assumed that too, but he really needs to fill us in so we can follow his myriad conspiracy theories.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 119 by kjsimons, posted 08-21-2022 5:46 PM kjsimons has not replied

Replies to this message:
 Message 124 by Tanypteryx, posted 08-22-2022 11:08 AM Theodoric has not replied

  
Tanypteryx
Member
Posts: 4500
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 4.8


(3)
Message 124 of 582 (896783)
08-22-2022 11:08 AM
Reply to: Message 123 by Theodoric
08-22-2022 10:30 AM


Re: Fiat Money Pros & Cons
CCP = Crazy Conspiracy Phat.

Stop Tzar Vladimir the Condemned!

What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 123 by Theodoric, posted 08-22-2022 10:30 AM Theodoric has not replied

  
dwise1
Member
Posts: 5968
Joined: 05-02-2006
Member Rating: 5.3


Message 125 of 582 (896785)
08-22-2022 1:07 PM
Reply to: Message 122 by xongsmith
08-21-2022 11:27 PM


Re: Fiat Money Pros & Cons
In it they discuss SETI and at the end humorously, but seriously, go into length about whether there is life on Earth and how ET might be able to detect it.
I've always maintained that the problem for artificial intelligence is that there's nothing in nature to pattern it after.

This message is a reply to:
 Message 122 by xongsmith, posted 08-21-2022 11:27 PM xongsmith has not replied

Replies to this message:
 Message 126 by AZPaul3, posted 08-22-2022 2:17 PM dwise1 has replied

  
AZPaul3
Member
Posts: 8593
From: Phoenix
Joined: 11-06-2006
Member Rating: 4.3


Message 126 of 582 (896786)
08-22-2022 2:17 PM
Reply to: Message 125 by dwise1
08-22-2022 1:07 PM


AI in the Mirror
there's nothing in nature to pattern it after.
Of course there is ... us. Our goal, our model, the capabilities and the processes we seek to emulate in our AI efforts has always been the human brain.
Because we do not comprehend the structure we are attempting to model our efforts have fallen well short of desired but the logic and information processing and creative functions of the human brain have always been the stated goal.

Stop Tzar Vladimir the Condemned!

This message is a reply to:
 Message 125 by dwise1, posted 08-22-2022 1:07 PM dwise1 has replied

Replies to this message:
 Message 127 by dwise1, posted 08-23-2022 3:45 AM AZPaul3 has not replied

  
dwise1
Member
Posts: 5968
Joined: 05-02-2006
Member Rating: 5.3


(2)
Message 127 of 582 (896806)
08-23-2022 3:45 AM
Reply to: Message 126 by AZPaul3
08-22-2022 2:17 PM


Re: AI in the Mirror
The joke is along the same lines as:
quote:
We shouldn't be looking for signs of intelligent life in space when we cannot even find signs of intelligent life here on earth!
 
Because we do not comprehend the structure we are attempting to model our efforts have fallen well short of desired but the logic and information processing and creative functions of the human brain have always been the stated goal.
Regarding trying to model AI after human brain activity, that would prove rather problematic. Just think of aviation and how all the early attempts to achieve mechanized flight by flapping the wings never succeeded. While birds' wings did provide us a model for the shape of aircraft wings, we use those wings in manners entirely different from those of the birds.
Computer hardware and human neural wetware are structured entirely differently and operate on entirely different principles. My thinking was shaped by The Brains of Men and Machines (by Ernest W. Kent, BYTE Books, 1981) which I recommend (if you can find a copy) even though I last read it in the mid-80's. The human brain is not only massively parallel, but also hierarchical as an intended action keeps getting broken down into sub-actions getting assigned to subnetworks (AKA "muscle memory") all the way down to the muscle-pair with its "hardwired" gating system that disables one muscle of that pair while the other muscle is contracting. Oh, and that "muscle memory" gets "programmed" by the human brain's ability to re-wire itself (ie, forming new connections between neurons, which is how stroke victims can relearn how to use their bodies) -- in The Machine That Changed The World, the analogy to that was described as opening up a mainframe computer cabinet and watching it literally rewiring itself.
And computers function with sequential threads of execution. I was also trained by the US Air Force in electronic computer systems repair. Part of that training involved chasing sparks through the logic diagrams of an actual functioning CPU, the COMTRAN-10 trainer -- I still have my book of the logic diagrams. I have seen up close and personal how computers actually think. It is sequential, not parallel.
There are things that computers can do far better than humans, but there are things that a very young human can do which is beyond what computers can do, like a five-year-old's grasp of human language (in our Spanish/English extended family, the young kids were easily able to keep track of which grandparents used which language).
So then rather than trying to model how the human brain works, the task is to figure out how to get computers to perform the same kinds of tasks.

This message is a reply to:
 Message 126 by AZPaul3, posted 08-22-2022 2:17 PM AZPaul3 has not replied

  
Phat
Member
Posts: 18388
From: Denver,Colorado USA
Joined: 12-30-2003


Message 128 of 582 (904407)
12-29-2022 7:31 AM


Scare Tactics or Simply an Informed Opinion?
(Argument redirected from the weather topic Message 34 )
Daniella Cambone works for Stansberry Research. She is a delightful host and has some great interviews with people who actually work in the financial industry and who are (or appear to be) better informed at global financial trends than are the average peanut gallery member who has to actually pay for their own financial advice and advisor and who trusts Source over Content. In the case of these interviews, I trust Content over Source.

Replies to this message:
 Message 129 by Theodoric, posted 12-29-2022 9:41 AM Phat has replied
 Message 130 by Taq, posted 12-29-2022 12:45 PM Phat has replied

  
Theodoric
Member
Posts: 9276
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.7


(1)
Message 129 of 582 (904418)
12-29-2022 9:41 AM
Reply to: Message 128 by Phat
12-29-2022 7:31 AM


Re: Scare Tactics or Simply an Informed Opinion?
So you trust racists and homophobes. Also Porter Stansberry has been found guilty of fraud in the past.
quote:
Though Stansberry Research works hard to seem like an investment company, the reality is that they are an umbrella website that draws internet traffic to a single site and sells subscriptions for a variety of newsletters for writers who use them for publishing purposes.
Porter Stansberry, who runs Stansberry & Associates Investment Research, is perhaps best known for his devoutly anti-government stance and his use of viral videos and essays on topics like "The End of America" to bring interest and clientele to his company.
While working for Agora Financial, another financial newsletter publishing company, Stansberry and Pirate Investment were successfully sued by the SEC for defrauding subscribers of a newsletter Stansberry wrote under the name 'Jay McDaniel.'
Just a moment...
Nice source you have there.
Oh yeah Daniella. She is a journalist. Nothing more. No expert. But evidently dishonest. Please present more charlatans.
Daniela Cambone’s Dishonest Journalism | Investment Research Dynamics

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 128 by Phat, posted 12-29-2022 7:31 AM Phat has replied

Replies to this message:
 Message 132 by Phat, posted 12-30-2022 9:27 AM Theodoric has replied

  
Taq
Member
Posts: 10158
Joined: 03-06-2009
Member Rating: 4.7


(3)
Message 130 of 582 (904429)
12-29-2022 12:45 PM
Reply to: Message 128 by Phat
12-29-2022 7:31 AM


Re: Scare Tactics or Simply an Informed Opinion?
Phat writes:
In the case of these interviews, I trust Content over Source.
Perfect example of an echo chamber. As long as you agree with you they are a valid source.

This message is a reply to:
 Message 128 by Phat, posted 12-29-2022 7:31 AM Phat has replied

Replies to this message:
 Message 131 by Phat, posted 12-30-2022 9:20 AM Taq has not replied

  
Phat
Member
Posts: 18388
From: Denver,Colorado USA
Joined: 12-30-2003


Message 131 of 582 (904449)
12-30-2022 9:20 AM
Reply to: Message 130 by Taq
12-29-2022 12:45 PM


Re: Scare Tactics or Simply an Informed Opinion?
So?
Listen, I don't agree with nor approve of this whole idea that the people back the money and that the money is in the hands of the governments by and for the people. The world as we know it is competitive before it is cooperative. That's human nature. This whole illusion that the West, representative of and backed by the US dollar is a unified force for democracy is a lie. We will fall. And don't blame the Republicans when it happens. Don't blame the rich. Look in the mirror.

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 Message 130 by Taq, posted 12-29-2022 12:45 PM Taq has not replied

Replies to this message:
 Message 135 by Theodoric, posted 12-30-2022 9:59 AM Phat has replied
 Message 139 by ringo, posted 12-30-2022 11:40 AM Phat has not replied

  
Phat
Member
Posts: 18388
From: Denver,Colorado USA
Joined: 12-30-2003


Message 132 of 582 (904450)
12-30-2022 9:27 AM
Reply to: Message 129 by Theodoric
12-29-2022 9:41 AM


Re: Scare Tactics or Simply an Informed Opinion?
Racists and homophobes, eh? I suppose Porter is lumped in the same camp as Ray Dalio, who is rich and a libertarian. You and your extremist (not evidenced) view of Democracy and reality is both authoritarian and disgusting.
rant writes:
Fuck me for having an opinion concerning the future reality of capitalism. All that you seem capable of doing is attacking my sources. I can easily attack yours as well. Your fucked up senile old man of a president can no more build back better than he can understand that the economy of his nation is about to implode. You narrow-minded extremists want to tax the (far right conservative) rich and hold their wallets to the fire, but the fire will end up consuming each one of you and every damn thing you own. And you are too stupid to see it.
On the plus side, my inner echo chamber actually approved of Reviewopedia. Why?
Here is what it says about another one of my favorites, Jim Rickards.
Jim Richards
reviewopedia:
Jim Rickards has an impressive education background and has had many high level roles in finance firms. He states that his beliefs are strongly forged by his real world experiences.
He also uses his role as an “insider” heavily in the marketing of his books and newsletters. (...)As you can tell by the titles, he brings an alarmist approach to analyzing global fiscal and monetary policy and the effects he believes they will have on economies.
His reactionary style urges investors to plan ahead and provide safeguards for their assets and plan for inevitable market downturns and inflation.
One of his other recurring themes is how vulnerable the US dollar and US markets are to foreign exploitation and how to protect yourself.
These perceived threats influence his investment advice, which generally suggests to diversify and keep tangible assets such as gold and other precious metals. (...)His most recent presentation titled “Beware, Biden Bucks” proclaims that the US Government is planning on converting to a digital dollar that's similar to cryptocurrency except that this one would be entirely controlled by the US government.
He fears that this will lead to a surveillance state in which all your transactions will be monitored and potentially even used against you. (...) Is Jim Rickards a Scam?
--That being said, you can still find value in Jim Rickard's advice, books, and world views. For instance, hedging against the collapse of the US dollar may prove to be good advice in the long run.
However, we find that Rickard's use of strong and emotional messaging in sales pitches for his products is usually a red flag.

Lest we forget, there is feedback on reviewopedia itself!
It looks to be peer reviewed and reputable.
Reviewopedia

This message is a reply to:
 Message 129 by Theodoric, posted 12-29-2022 9:41 AM Theodoric has replied

Replies to this message:
 Message 133 by Theodoric, posted 12-30-2022 9:55 AM Phat has replied
 Message 140 by ringo, posted 12-30-2022 11:42 AM Phat has not replied

  
Theodoric
Member
Posts: 9276
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.7


(1)
Message 133 of 582 (904451)
12-30-2022 9:55 AM
Reply to: Message 132 by Phat
12-30-2022 9:27 AM


Re: Scare Tactics or Simply an Informed Opinion?
2 mins of searching showed he was a racist and bigot. Also, he has no education or expertise in financial and economic matters. He is a publisher of a shady newsletter. Can you find anyone reputable that speaks well of him?
https://www.mediamatters.org/...rs-because-hes-not-least-bit
You and your extremist (not evidenced) view of Democracy and reality is both authoritarian and disgusting.
You should really learn the meaning of the words you use. Anti-racist, anti-homophobe and demanding the law to applied justly and equally is not authoritarianism. Please show how my "view" of Democracy is extremist.
Fuck me for having an opinion concerning the future reality of capitalism.
You have no opinion. You just post crap from RWNJ's(right wing nut jobs).
All that you seem capable of doing is attacking my sources.
If your source spouts crap, is a convicted fraudster and a racist and homophobe, then this needs to be pointed out. All sources are not equal.
I can easily attack yours as well.
But you never seem to be successful at it.
Your fucked up senile old man of a president
So he is not your President? And again you have no evidence for this? I guess you don't love the USA in reality?
You narrow-minded extremists want to tax the (far right conservative) rich
What have they done for you? I want them to pay their fair share. You are ok with people like donnie paying $750 a year in federal taxes?
And you are too stupid to see it.
No I demand evidence. I demand reputable sources. Not charlatans fleecing the rubes.
I will put my sources and evidence against the crap you throw against the wall any day.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 132 by Phat, posted 12-30-2022 9:27 AM Phat has replied

Replies to this message:
 Message 134 by Phat, posted 12-30-2022 9:59 AM Theodoric has replied

  
Phat
Member
Posts: 18388
From: Denver,Colorado USA
Joined: 12-30-2003


Message 134 of 582 (904453)
12-30-2022 9:59 AM
Reply to: Message 133 by Theodoric
12-30-2022 9:55 AM


Re: Scare Tactics or Simply an Informed Opinion?
Theo writes:
I demand evidence. I demand reputable sources. Not charlatans fleecing the rubes.
I will put my sources and evidence against the crap you throw against the wall any day.
Fair enough. At least you are honest. You wear your balls on your sleeve.
BTW I edited my post 132.

This message is a reply to:
 Message 133 by Theodoric, posted 12-30-2022 9:55 AM Theodoric has replied

Replies to this message:
 Message 136 by Theodoric, posted 12-30-2022 10:04 AM Phat has seen this message but not replied

  
Theodoric
Member
Posts: 9276
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 2.7


(1)
Message 135 of 582 (904454)
12-30-2022 9:59 AM
Reply to: Message 131 by Phat
12-30-2022 9:20 AM


Re: Scare Tactics or Simply an Informed Opinion?
So present a proposal to have the US dollar backed by gold reserves.
Seems silly and not possible, but go ahead and tell us how it would be done.

What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens

Facts don't lie or have an agenda. Facts are just facts

"God did it" is not an argument. It is an excuse for intellectual laziness.

If your viewpoint has merits and facts to back it up why would you have to lie?


This message is a reply to:
 Message 131 by Phat, posted 12-30-2022 9:20 AM Phat has replied

Replies to this message:
 Message 137 by Phat, posted 12-30-2022 10:15 AM Theodoric has replied

  
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