I always thought that in Southern California the sun always shined. Like, as a fact of life. So far I've seen more than a few rainy days. After talking to some natives I learned that California, and the south of it especially, is dependent on El Nino for rain. That means every winter the clouds pelt Socal with just enough rain to keep the crops' and the people's throats from getting parched. Nothing wrong here, in fact you should see the smiles that light up the faces of life long Angelenos when the rain starts to fall. Its the same reactions I've seen in Seattle when the sun comes out XD.
But still, Cali in the winter = overcast. Seems that no one escapes December with all their melanin. Winter is eternal, even in one of 5 mediterranean habitats on earth.
Its crazy how much effect sunlight has on you.
More rain means more reasons to stay inside. Not having a car means more reasons to order food. How cool would it be cool to have a bot that ordered pizza. How could I do this? What does this say about the future?
There's been a lot in the news about how Trump will hike up the interest rate as soon as he enters office. Seems like his entire shtick is to return America to its "former glory" as a manufacturing power. But let's think about this for a second. Is that really what you want?
Manufacturing economies tend to succeed when the price of their currency is low. Success = high sales of manufactured goods. People buy goods when they are cheap. Companies make goods when they can be made cheaper than people are willing to buy them. These three facts may influence manufacturing powers toward debasing their currency. It certainly is the case with China. India is floating in the same direction with its "Make in India" campaign. Cheap bills means more things can be made, and by extension more things can be sold.
The sinking price of a dollar, though when phrased that way might seem different, isn't necessarily a terrible thing by itself. But I'm willing to bet that cheap currency gives way to larger systemic issues and overall instability because of the ways the price of currency is kept down. The Fed can do two things to throttle the price of the dollar: it can lower the interest rate, or it can raise the money supply. Both of these things lead to reckless behavior in different ways. Entire books have been written about this and I don't claim to be an expert, but long story short: lower interest rates means companies will leverage their businesses irresponsibly, and raising the money supply means a spike in inflation. One leads to a brittle financial foundation and the other means that buying bread and gas will get harder and harder.
American currency fluctuation isn't the only issue that comes with a manufacturing focused economy. Factories tie domestic capital into depreciating assets. It doesn’t allow for global reach. Money is a tool, it has no value unless its spent on something. If the bulk of American capital is spent on assets that are guaranteed to lose their inherent value one day, why not sink that cheese into something that will age gracefully?
Ingenuity is ultimately what has been responsible for US T-Bonds triple-A rating throughout history. Manufacturing is old — in its day it was the ultimate globalization tactic: people like to buy things, why not have them buy your things. But things aren’t the currency of today’s world. Information is. What would an information-based economy even look like?