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    Buying vs Saving Economic Theory

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    • DashrenderD
      Dashrender @scottalanmiller
      last edited by

      @scottalanmiller said in Buying vs Saving Economic Theory:

      @Dashrender said in Buying vs Saving Economic Theory:

      @scottalanmiller said in Buying vs Saving Economic Theory:

      @Dashrender said in Buying vs Saving Economic Theory:

      @scottalanmiller said in Buying vs Saving Economic Theory:

      The cost of the top tourists spots, say the Colosseum and Louvre, would go up to keep crowds down while places like the central Texas Gulf Coast that sees zero tourism today would get busier. Tourism would change, naturally, as top places got more expensive and more places stepped in to fill the vacuum.

      Those places are already cheap today - why aren't people going there now? and why would they suddenly want to start going there in the future?

      Supply and demand. People don't have the time or money to vacation AT ALL. Cheap is relative. Why are YOU not on the beach right now? It's free in most of the world. So why have you chosen to be at work instead? I think that your answer will explain everything to you.

      Italy is 90% barren coast. You want beach, you can go there and have a thousand miles of it in Italy to yourself. Same in Texas.

      Whole amazing hill towns are abandoned. Places your die to live in they are so beautiful. But no local jobs, so no one lives there.

      See how people not needing to be at work changes everything?

      yeah i got there before your post with the end of mine.

      Of course it creates whole new problems, like people want to live there now, so now new infrastructures will need to be created to enable it.

      Why would more people move to the coast when currently more people are stuck on the coast than want to be there? Wouldn't it create a migration away from the coast once there is no need to be stuck in big cities with high costs? Lots of people like city living and will stay. But tonnes and tonnes that have to do it today for work and careers will head for wide open country - be in small villages, a farm, a mountain cabin or an Italian hill top. I would expect a massive de-urbanization given that most urban habitation exists for work purposes alone.

      OK that's true - but I don't know how mass it would really be. But there would definitely be some.

      And as discussed earlier, that would create a whole set of situations to resolve - like more roads, more grocery stores, often having fewer choices - either that or no grocery stores and everything is delivery based.
      etc.

      1 Reply Last reply Reply Quote 0
      • DashrenderD
        Dashrender @scottalanmiller
        last edited by

        @scottalanmiller said in Buying vs Saving Economic Theory:

        @Dashrender said in Buying vs Saving Economic Theory:

        @scottalanmiller said in Buying vs Saving Economic Theory:

        @Dashrender said in Buying vs Saving Economic Theory:

        Of course, how do you handle the transition of the current middle class, or even the wealthy - i.e. the beach houses, etc... you're putting 98% all on the same level, most of those awesome places to live would have to be completely redone, or they would simply be vacant - but you still have the rare resource of beach front property, other than the 2% who will probably get more than the 98%, how do you decide who gets to be at the ocean and who doesn't?

        Yes we've moved away from the economy discussion, perhaps this post needs to be in your new thread?

        People still GET to work. Anyone who wants to contribute can do so. That will create the classes. It's that we take the bottom class and make it pretty attractive. Think Star Trek world.

        No one is blocked from working, just no one has to.

        Now this is interesting... So, if a person wants to work for a company they can - but what if that employee is bad for the company? it's no different than today in a lot of ways, only now that person has potential mental issues because - but that was true even before they wanted to work there... so...

        rambling thought is all.

        Yes, did you think that it was going to be a crime to attempt to work? Not so at all, it's just that everyone gets baseline money so that no one HAS to work.

        No not a crime to attempt to work.. a neglect of those who want to so they can be part of the 2%, but aren't good enough.

        coliverC scottalanmillerS 2 Replies Last reply Reply Quote 0
        • coliverC
          coliver @Dashrender
          last edited by

          @Dashrender said in Buying vs Saving Economic Theory:

          @scottalanmiller said in Buying vs Saving Economic Theory:

          @Dashrender said in Buying vs Saving Economic Theory:

          @scottalanmiller said in Buying vs Saving Economic Theory:

          @Dashrender said in Buying vs Saving Economic Theory:

          Of course, how do you handle the transition of the current middle class, or even the wealthy - i.e. the beach houses, etc... you're putting 98% all on the same level, most of those awesome places to live would have to be completely redone, or they would simply be vacant - but you still have the rare resource of beach front property, other than the 2% who will probably get more than the 98%, how do you decide who gets to be at the ocean and who doesn't?

          Yes we've moved away from the economy discussion, perhaps this post needs to be in your new thread?

          People still GET to work. Anyone who wants to contribute can do so. That will create the classes. It's that we take the bottom class and make it pretty attractive. Think Star Trek world.

          No one is blocked from working, just no one has to.

          Now this is interesting... So, if a person wants to work for a company they can - but what if that employee is bad for the company? it's no different than today in a lot of ways, only now that person has potential mental issues because - but that was true even before they wanted to work there... so...

          rambling thought is all.

          Yes, did you think that it was going to be a crime to attempt to work? Not so at all, it's just that everyone gets baseline money so that no one HAS to work.

          No not a crime to attempt to work.. a neglect of those who want to so they can be part of the 2%, but aren't good enough.

          But there won't be a desire by people to be in the 2% is, I think, what Scott is getting at. Some people get psychological rewards for working and would be paid for their time in addition to the base income everyone else gets. There would still be a gap but the people who desire to move up will and those that want to pursue other endeavors now have the ability and freedom to do that.

          DashrenderD 1 Reply Last reply Reply Quote 2
          • DashrenderD
            Dashrender @coliver
            last edited by

            @coliver said in Buying vs Saving Economic Theory:

            @Dashrender said in Buying vs Saving Economic Theory:

            @scottalanmiller said in Buying vs Saving Economic Theory:

            @Dashrender said in Buying vs Saving Economic Theory:

            @scottalanmiller said in Buying vs Saving Economic Theory:

            @Dashrender said in Buying vs Saving Economic Theory:

            Of course, how do you handle the transition of the current middle class, or even the wealthy - i.e. the beach houses, etc... you're putting 98% all on the same level, most of those awesome places to live would have to be completely redone, or they would simply be vacant - but you still have the rare resource of beach front property, other than the 2% who will probably get more than the 98%, how do you decide who gets to be at the ocean and who doesn't?

            Yes we've moved away from the economy discussion, perhaps this post needs to be in your new thread?

            People still GET to work. Anyone who wants to contribute can do so. That will create the classes. It's that we take the bottom class and make it pretty attractive. Think Star Trek world.

            No one is blocked from working, just no one has to.

            Now this is interesting... So, if a person wants to work for a company they can - but what if that employee is bad for the company? it's no different than today in a lot of ways, only now that person has potential mental issues because - but that was true even before they wanted to work there... so...

            rambling thought is all.

            Yes, did you think that it was going to be a crime to attempt to work? Not so at all, it's just that everyone gets baseline money so that no one HAS to work.

            No not a crime to attempt to work.. a neglect of those who want to so they can be part of the 2%, but aren't good enough.

            But there won't be a desire by people to be in the 2% is, I think, what Scott is getting at. Some people get psychological rewards for working and would be paid for their time in addition to the base income everyone else gets. There would still be a gap but the people who desire to move up will and those that want to pursue other endeavors now have the ability and freedom to do that.

            What I'm saying is that what if you @coliver wants to move up - but all companies find you wanting - so they won't hire you - granted, that's no different from today - I was simply asking the question.

            coliverC 1 Reply Last reply Reply Quote 0
            • coliverC
              coliver @Dashrender
              last edited by coliver

              @Dashrender said in Buying vs Saving Economic Theory:

              @coliver said in Buying vs Saving Economic Theory:

              @Dashrender said in Buying vs Saving Economic Theory:

              @scottalanmiller said in Buying vs Saving Economic Theory:

              @Dashrender said in Buying vs Saving Economic Theory:

              @scottalanmiller said in Buying vs Saving Economic Theory:

              @Dashrender said in Buying vs Saving Economic Theory:

              Of course, how do you handle the transition of the current middle class, or even the wealthy - i.e. the beach houses, etc... you're putting 98% all on the same level, most of those awesome places to live would have to be completely redone, or they would simply be vacant - but you still have the rare resource of beach front property, other than the 2% who will probably get more than the 98%, how do you decide who gets to be at the ocean and who doesn't?

              Yes we've moved away from the economy discussion, perhaps this post needs to be in your new thread?

              People still GET to work. Anyone who wants to contribute can do so. That will create the classes. It's that we take the bottom class and make it pretty attractive. Think Star Trek world.

              No one is blocked from working, just no one has to.

              Now this is interesting... So, if a person wants to work for a company they can - but what if that employee is bad for the company? it's no different than today in a lot of ways, only now that person has potential mental issues because - but that was true even before they wanted to work there... so...

              rambling thought is all.

              Yes, did you think that it was going to be a crime to attempt to work? Not so at all, it's just that everyone gets baseline money so that no one HAS to work.

              No not a crime to attempt to work.. a neglect of those who want to so they can be part of the 2%, but aren't good enough.

              But there won't be a desire by people to be in the 2% is, I think, what Scott is getting at. Some people get psychological rewards for working and would be paid for their time in addition to the base income everyone else gets. There would still be a gap but the people who desire to move up will and those that want to pursue other endeavors now have the ability and freedom to do that.

              What I'm saying is that what if you @coliver wants to move up - but all companies find you wanting - so they won't hire you - granted, that's no different from today - I was simply asking the question.

              Same as today, except logically better. Companies wouldn't have the massive resource pool, necessarily, that they can pull from today. So they would be offering every training incentive under the sun to get someone, who wants to work, to work for them. Of course the job market would be significantly different. Most labour tasks that we have today would be automated so the majority of jobs would be knowledge worker related.

              1 Reply Last reply Reply Quote 0
              • F
                Francesco Provino @scottalanmiller
                last edited by

                @scottalanmiller said in Buying vs Saving Economic Theory:

                @DustinB3403 said in old MSP wants to know what they did wrong:

                @Mike-Davis and what exactly is wrong with WEP?!

                (sarcasm boys)

                That's all that they have here on Sicily where we are 😞

                What? Over 95% of WLAN in Sicily is WPA2, from my experience.
                You must have met some of the 5% outdated/misconfigured stuff.
                New provider's WLAN setup for consumer are ALL WPA2 and they have been WPA2 for years. Every public structure have WPA2 for sure. Every public university in Italy is part of EduRoam, so is WPA2 enterprise with RADIUS.

                scottalanmillerS 1 Reply Last reply Reply Quote 0
                • F
                  Francesco Provino @scottalanmiller
                  last edited by

                  @scottalanmiller said in Buying vs Saving Economic Theory:

                  @dafyre said in old MSP wants to know what they did wrong:

                  @scottalanmiller said in old MSP wants to know what they did wrong:

                  @dafyre said in old MSP wants to know what they did wrong:

                  @scottalanmiller said in old MSP wants to know what they did wrong:

                  @DustinB3403 said in old MSP wants to know what they did wrong:

                  @Mike-Davis and what exactly is wrong with WEP?!

                  (sarcasm boys)

                  That's all that they have here on Sicily where we are 😞

                  O.o Can you VPN back somewhere else?

                  I'm not in China, the EU does not block VPNs.

                  VPN for traffic protection, it is, then.... But I mean seriously? The WiFi in Sicily can't use WPA ?

                  People don't tend to replace access points here. Equipment is expected to last decades.

                  What? I think I have ZERO equipment older than 5 years in any of the company I worked. And they are SMB, of course.

                  DashrenderD 1 Reply Last reply Reply Quote 0
                  • DashrenderD
                    Dashrender @Francesco Provino
                    last edited by

                    @Francesco-Provino said in Buying vs Saving Economic Theory:

                    @scottalanmiller said in Buying vs Saving Economic Theory:

                    @dafyre said in old MSP wants to know what they did wrong:

                    @scottalanmiller said in old MSP wants to know what they did wrong:

                    @dafyre said in old MSP wants to know what they did wrong:

                    @scottalanmiller said in old MSP wants to know what they did wrong:

                    @DustinB3403 said in old MSP wants to know what they did wrong:

                    @Mike-Davis and what exactly is wrong with WEP?!

                    (sarcasm boys)

                    That's all that they have here on Sicily where we are 😞

                    O.o Can you VPN back somewhere else?

                    I'm not in China, the EU does not block VPNs.

                    VPN for traffic protection, it is, then.... But I mean seriously? The WiFi in Sicily can't use WPA ?

                    People don't tend to replace access points here. Equipment is expected to last decades.

                    What? I think I have ZERO equipment older than 5 years in any of the company I worked. And they are SMB, of course.

                    Wow - you are lucky!
                    Some of my switches are 10 years old
                    servers x2 - 10 years old
                    server x1 - 6 years old
                    server x1 - 4 years old
                    printers - 12+ years old
                    wireless access recently replaced was 10 years old
                    etc.

                    F 1 Reply Last reply Reply Quote 0
                    • F
                      Francesco Provino @wirestyle22
                      last edited by

                      @wirestyle22 said in Buying vs Saving Economic Theory:

                      @scottalanmiller That's why they don't have a space program

                      That's hilarious, at least. ESA is probably the more active space company in the world, as of today.
                      We landed on a COMET two years ago, maybe you miss it…
                      I say "we" because I'm also a physicist :D.

                      Oh, and many of the Chandra instruments were calibrated by my professor of astronomy in a facility that is 100mt away from our physics department… Chandra was a joint venture between NASA and ESA, maybe the biggest leap in the space knowledge in the last 30 years.

                      wirestyle22W 1 Reply Last reply Reply Quote 1
                      • F
                        Francesco Provino @Dashrender
                        last edited by

                        @Dashrender said in Buying vs Saving Economic Theory:

                        @Francesco-Provino said in Buying vs Saving Economic Theory:

                        @scottalanmiller said in Buying vs Saving Economic Theory:

                        @dafyre said in old MSP wants to know what they did wrong:

                        @scottalanmiller said in old MSP wants to know what they did wrong:

                        @dafyre said in old MSP wants to know what they did wrong:

                        @scottalanmiller said in old MSP wants to know what they did wrong:

                        @DustinB3403 said in old MSP wants to know what they did wrong:

                        @Mike-Davis and what exactly is wrong with WEP?!

                        (sarcasm boys)

                        That's all that they have here on Sicily where we are 😞

                        O.o Can you VPN back somewhere else?

                        I'm not in China, the EU does not block VPNs.

                        VPN for traffic protection, it is, then.... But I mean seriously? The WiFi in Sicily can't use WPA ?

                        People don't tend to replace access points here. Equipment is expected to last decades.

                        What? I think I have ZERO equipment older than 5 years in any of the company I worked. And they are SMB, of course.

                        Wow - you are lucky!
                        Some of my switches are 10 years old
                        servers x2 - 10 years old
                        server x1 - 6 years old
                        server x1 - 4 years old
                        printers - 12+ years old
                        wireless access recently replaced was 10 years old
                        etc.

                        We have standardized everything to IBM x3550M4 (3 years old), Cisco SMB stuff, Ubiquity ER8 and HP z230/240. Our refresh cycle is 5 years, if nothing broke first… I'm just thinking about refresh a couple of old HP DL380 G7.

                        Oh, and a P3600 is just arrived from Germany, to replace one of our 5-years-old DS3500 SAN (switching to local storage, yay!).

                        DashrenderD 1 Reply Last reply Reply Quote 2
                        • F
                          Francesco Provino @DustinB3403
                          last edited by Francesco Provino

                          @DustinB3403 said in Buying vs Saving Economic Theory:

                          @scottalanmiller said in old MSP wants to know what they did wrong:

                          @DustinB3403 said in old MSP wants to know what they did wrong:

                          If you're never replacing things with newer better solutions there is an underlying issue.

                          That's a very American sentiment. They don't replace their houses for hundreds of years... because they build them to last the first time.

                          I did say better solutions. If the house they built is the best solution then fine. But don't complain about WEP and say things like "they don't replace things as they expect them to last decades" and then be snarky when someone comments on the economy of a country based on what you've said of the same country.

                          Buying new goods on a regular basis, creates a healthy economy. Not doing so contributes to the financial collapse that Italy just had.

                          Collapse? Maybe you are referring to the Greek's crisis!

                          1 Reply Last reply Reply Quote 1
                          • wirestyle22W
                            wirestyle22 @Francesco Provino
                            last edited by

                            @Francesco-Provino said in Buying vs Saving Economic Theory:

                            @wirestyle22 said in Buying vs Saving Economic Theory:

                            @scottalanmiller That's why they don't have a space program

                            That's hilarious, at least. ESA is probably the more active space company in the world, as of today.
                            We landed on a COMET two years ago, maybe you miss it…
                            I say "we" because I'm also a physicist :D.

                            Oh, and many of the Chandra instruments were calibrated by my professor of astronomy in a facility that is 100mt away from our physics department… Chandra was a joint venture between NASA and ESA, maybe the biggest leap in the space knowledge in the last 30 years.

                            My comment explaining that this was a reference to Dana Carvey was moved to another thread

                            1 Reply Last reply Reply Quote 0
                            • DashrenderD
                              Dashrender @Francesco Provino
                              last edited by

                              @Francesco-Provino said in Buying vs Saving Economic Theory:

                              @Dashrender said in Buying vs Saving Economic Theory:

                              @Francesco-Provino said in Buying vs Saving Economic Theory:

                              @scottalanmiller said in Buying vs Saving Economic Theory:

                              @dafyre said in old MSP wants to know what they did wrong:

                              @scottalanmiller said in old MSP wants to know what they did wrong:

                              @dafyre said in old MSP wants to know what they did wrong:

                              @scottalanmiller said in old MSP wants to know what they did wrong:

                              @DustinB3403 said in old MSP wants to know what they did wrong:

                              @Mike-Davis and what exactly is wrong with WEP?!

                              (sarcasm boys)

                              That's all that they have here on Sicily where we are 😞

                              O.o Can you VPN back somewhere else?

                              I'm not in China, the EU does not block VPNs.

                              VPN for traffic protection, it is, then.... But I mean seriously? The WiFi in Sicily can't use WPA ?

                              People don't tend to replace access points here. Equipment is expected to last decades.

                              What? I think I have ZERO equipment older than 5 years in any of the company I worked. And they are SMB, of course.

                              Wow - you are lucky!
                              Some of my switches are 10 years old
                              servers x2 - 10 years old
                              server x1 - 6 years old
                              server x1 - 4 years old
                              printers - 12+ years old
                              wireless access recently replaced was 10 years old
                              etc.

                              We have standardized everything to IBM x3550M4 (3 years old), Cisco SMB stuff, Ubiquity ER8 and HP z230/240. Our refresh cycle is 5 years, if nothing broke first… I'm just thinking about refresh a couple of old HP DL380 G7.

                              Oh, and a P3600 is just arrived from Germany, to replace one of our 5-years-old DS3500 SAN (switching to local storage, yay!).

                              Sure, but replacing for replacing sake is often a waste of money.

                              1 Reply Last reply Reply Quote 0
                              • F
                                Francesco Provino
                                last edited by

                                Ok, I don't think the other post are talking about anything related to Sicily or Italy.

                                Maybe we haven't the shiny IT of the US, but it's still the second in UE (behind the UK), and we are the 8th economy in the world.

                                Maybe you're painting a situation that's away from reality…

                                1 Reply Last reply Reply Quote 1
                                • DashrenderD
                                  Dashrender
                                  last edited by

                                  I have no clue what that state of the economy of Italy is, but I do recall hearing about how poor the internet infrastructure is there.

                                  Not that I (as a US citizen) can say much.. in non cities, it's pretty horrible too.

                                  F coliverC 2 Replies Last reply Reply Quote 0
                                  • F
                                    Francesco Provino @Dashrender
                                    last edited by

                                    @Dashrender said in Buying vs Saving Economic Theory:

                                    I have no clue what that state of the economy of Italy is, but I do recall hearing about how poor the internet infrastructure is there.

                                    Not that I (as a US citizen) can say much.. in non cities, it's pretty horrible too.

                                    In the little cities of Sicily is not that good (7-20Mbit ADSL), but we're going to get FTTC (50Mbit and up) this year in almost every city with >10k peoples. The big cities (>200k) are all already covered with FTTC, an the biggest one are already on full FTTH with connectivity up to 1Gbps.

                                    scottalanmillerS 1 Reply Last reply Reply Quote 1
                                    • coliverC
                                      coliver @Dashrender
                                      last edited by

                                      @Dashrender said in Buying vs Saving Economic Theory:

                                      I have no clue what that state of the economy of Italy is, but I do recall hearing about how poor the internet infrastructure is there.

                                      Not that I (as a US citizen) can say much.. in non cities, it's pretty horrible too.

                                      In cities for the most part it is also pretty terrible.

                                      scottalanmillerS 1 Reply Last reply Reply Quote 0
                                      • scottalanmillerS
                                        scottalanmiller @Dashrender
                                        last edited by

                                        @Dashrender said in Buying vs Saving Economic Theory:

                                        @scottalanmiller said in Buying vs Saving Economic Theory:

                                        @Dashrender said in Buying vs Saving Economic Theory:

                                        @scottalanmiller said in Buying vs Saving Economic Theory:

                                        @Dashrender said in Buying vs Saving Economic Theory:

                                        Of course, how do you handle the transition of the current middle class, or even the wealthy - i.e. the beach houses, etc... you're putting 98% all on the same level, most of those awesome places to live would have to be completely redone, or they would simply be vacant - but you still have the rare resource of beach front property, other than the 2% who will probably get more than the 98%, how do you decide who gets to be at the ocean and who doesn't?

                                        Yes we've moved away from the economy discussion, perhaps this post needs to be in your new thread?

                                        People still GET to work. Anyone who wants to contribute can do so. That will create the classes. It's that we take the bottom class and make it pretty attractive. Think Star Trek world.

                                        No one is blocked from working, just no one has to.

                                        Now this is interesting... So, if a person wants to work for a company they can - but what if that employee is bad for the company? it's no different than today in a lot of ways, only now that person has potential mental issues because - but that was true even before they wanted to work there... so...

                                        rambling thought is all.

                                        Yes, did you think that it was going to be a crime to attempt to work? Not so at all, it's just that everyone gets baseline money so that no one HAS to work.

                                        No not a crime to attempt to work.. a neglect of those who want to so they can be part of the 2%, but aren't good enough.

                                        They aren't a part of it today. They are more neglected now. So that's not a new problem.

                                        1 Reply Last reply Reply Quote 0
                                        • scottalanmillerS
                                          scottalanmiller @coliver
                                          last edited by

                                          @coliver said in Buying vs Saving Economic Theory:

                                          @Dashrender said in Buying vs Saving Economic Theory:

                                          I have no clue what that state of the economy of Italy is, but I do recall hearing about how poor the internet infrastructure is there.

                                          Not that I (as a US citizen) can say much.. in non cities, it's pretty horrible too.

                                          In cities for the most part it is also pretty terrible.

                                          So far the Internet is working fine here. And we are insanely remote.

                                          coliverC 1 Reply Last reply Reply Quote 0
                                          • scottalanmillerS
                                            scottalanmiller
                                            last edited by

                                            3Mb/s. For a remote island village, it's good enough 🙂

                                            1 Reply Last reply Reply Quote 0
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