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mghfreud

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I am not following what we are talking about here. I am a basic human being, I cannot truly simulate a nondeterministic system. Does it mean “I am not thinking”?

Why not get it read by a couple peers and iterate on their feedback? My writing is not great, but with the design docs I created, the first version is always terrible, not easily understandable mostly because of not listing all the assumptions whereas the third version almost always becomes something I would never be able to achieve myself. Over the years, I settled on 2 rounds of review. First to mostly add missing sections and rearchitect the design and the doc, second to mostly hone the explanation/details.

Not following this. 1. Aren’t everybody seeing the book at the same time? The exchange do not publish the same data to everybody? 2. The “information advantage example” does not make sense to me. If there is an order for 48$, that is top of book and everyone has seen that order, how come the new participant not know it?

For L5: - base is 175k+ (Usually around 180-200k, if not newly promoted). - 15% cash bonus - 120-150k$ worth rsu

These are for average performers. Above average performers get up to ~100% more bonus and rsu

At each promotion, these numbers increase by around 15-20%. (Same for L4->L5 promotion, but L4 is not a senior level at Google)

* These are ballpark Bay Area numbers for L5 to L8.

I am lost here, the mentioned bugs are a result of optimizations like speculative execution, branch prediction, prefetching etc.

These are language independent optimizations. For example, any language (that allow for loop like constructs) compiled to intel machine code and executed on intel processor will be exposed to these bugs, it is not C specific. Am I missing anything?

I am saying that the government raised interest rates substantially, one way or the other. It used couple of tools to do it, one of them is promising expected dollar appreciation as interest. (Tl is expected to depreciate at least at the rate of inflation, which substantially higher then central banks overnight rate, hence they have increased interest)

Right, but at least they said they know there is a problem and they will address it. It is not like how it is in Turkey where they said “inflation is high, let’s decrease it by printing far far more money and decreasing interest rate further”.

You are asking the correct question, it does not matter if the cost is financed by banks or public. The cost of borrowing increased substantially, even though exchange rate decreased in the last one week.

Access to TL got harder by the actions of the government. This is why interest rates increased.

Does it matter if it is direct result or second order?

BTW, this week, the interest on private loans increased substantially, not gradually.

Until last year, US and Europe was desperately trying to raise inflation. I do not remember any time in Turkish history when this was the case.

Anyways, current Turkish PPI is >50% (and it will only increase in coming months.). The real interest rate in Turkey is in far negative territory compared to US and EU, where they are desperate for inflation.

Dept to gdp of Turkey is 40%, if you believe official numbers. But they are not publishing numbers for dollar denominated guarantees to PPPs.

This is only one of the many unpublished “dept”s.

The more the Turkish lira devaluates, the more the public has to pay for the PPPs. Hence, when considering for creditworthiness, you need to account for all, not a single number.

Inflation hasn't become a reality since the other nations still trust the value of the US dollars as reserve. With so high trade deficits, we are essentially saying to the world, "sell me goods in exchange for the paper that I printed some big numbers on it", without getting as much in return.

Do you think this is sustainable in the long run? Will they keep giving us more goods/services than they get? What would happen if they decide to not use US dollar as reserve or they start demanding another currency for trade?