duschang27

Thank you for this. I never thought a javascript compiler could help me improve my Chinese reading skills.

Abstract can be found here.

http://www.nature.com/nature/journal/vaop/ncurrent/full/natu...

We got into YC before we had any customer, so it is possible. But personally, I would recommend that you wait until you have your MVP first. You don't want to spend half of YC building you MVP, since partners can't really help you defining your vision. What they are really good at is helping you optimize it.

I don't think he is arguing that the existing pace of scientific advancements are too slow. Rather the adoption of of these advancements need to be accelerated. The article is suggesting that the current investment strategy over-allocate resources to existing technologies, instead of developing new ones that better leverage the advancements in science.

Using the railroad system as an example, yes we have the technology to build trains that can travel 350kph, but how much of our resources are still being allocated to trains that only go up to 60kph compare to the more efficient alternatives

and if the fed tries to lower the value of dollars to counter act this, wouldn't it ultimately dilute the profit of those who maintained the lower price? Thus starting the vicious cycle of price hikes

But doesn't the federal reserve uses Consumer Price Index(CPI) to measure P. Looking at how CPI is measured, it doesn't seem like it has a strong correlation with M. Cost is directly related to M, but price is not. Under these circumstances, doesn't it encourage merchants to artificially up the sales price to maximize their profit, regardless of the cost?