Today’s chart porn is off of the most interesting article I read in today’s NYTimes: In Europe, Central Banking Is Different.
Note that Central Banks in Europe left rates unchanged today.
The full article describes how the ECB focuses on reducing inflation. However, there is a laundry list of factors the ECB pretty much ignores:
-Eliminating the normal business cycle;
-Preventing a recession regardless of costs;
-Allowing the currency to be debased.
Further, the ECB doesn’t seem to care where their equity markets are.
Two Different Approaches to Central Banking
The entire article is fascinating . . .
In Europe, Central Banking Is Different
NYT, March 6, 2008
This is my annoyance of the moment: Why are DVDs a DRM-locked proprietary platform? When I purchase one, why can’t I use this on a convenient, portable device such as my iPod?
What a pain in the arse it is to rip a DVD: Frist, you need to use several products (MP4
Converter, Handbrake, Ripper); 2nd, it takes forever. 3rd, and its illegal to do so.
What brought this about recently was The Simpson’s Movie — actually, more of an extended 90 minute episode. I saw it with my nephews (with me snoozing thru parts of it).
However, going through the extras, I started listening to producer/writer commentary. Unbelievably entertaining stuff, like a terrific radio show with several very funny people cracking each other up. I would have liked to put on the iPod for the train, but no such luck.
I can rip the basic movie, but not the special audio commentary. Anyone have a clue how to do that?
The Complete Guide to Converting DVDs to iPod Format
iLounge, November 21, 2005
Rip DVDs To Your Mac To View On AppleTV And iPod.
Mac360, Friday, April 13, 2007