I was reading THIS ARTICLE this morning about how there’s an expected rate cut of a 1/4% by the Fed soon. Since the Fed Fund rate (the rate which banks borrow money) is currently 1.25%, this will drop it to 1%, meaning that banks (which typically add 2%) will be loaning at 3%, which is below the 3.33% inflation rate. This means that if you’re holding cash, you’re pretty much screwing yourself on free money, since inflation is higher than the loan rate. This is quite weird… To make money you DON’T stick it in the bank, you simply borrow it. We’re probably never going to see this type of situation ever again where Uncle Sam is paying you to borrow money! Talk about an interesting way to force people to push money back into the flow…

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I know I haven’t posted in awhile, but things have been really busy and stressful. I’m trying to balance out getting all my work done at my current rotation which ends June 30th, since I join my final placement position in July. Plus most of my free time goes into cleaning my apartment or helping my parents pack their stuff for their pending move. Moving furniture and taking things to the dump is a lot of hard work! Since my time is already compacted, the only compromise I have to get things done is to give up sleep. I’m only getting about 3-4 hours of sleep a day, and am continuously getting tired. On weekends I can sleep for 8-9 hours but I still feel quite tired since my body is completely lagged on sleep. I need a vacation… badly. I have over 2 months of sleep to catch up on from this viscous cycle. It’s toll is starting to appear on me physically, black bags under my eyes, nervous twitches, inability to stay focused or attentive. Sometimes it’s gotten so bad that I’ve almost nodded off while driving. That’s when I try to take a nap when I come home. Once cleaning of my apartment is done, hopefully I can return to a normal schedule… I just hope Caroline can be patient with me until then…

Anyways, this morning I read an interesting article about how they found out that the Incas were using a form of binary in their language, except it was only 7 bits long. Their language is the only language that was 3 dimensional which used these bits, making their language the most effient language in history. Incas were incredibly awesome. It was from them that we borrowed the 60 minute hour, 60 second time units. Why did they choose 60? Becuase 60 is divisible by so many numbers making it easy to segment blocks of time: 1, 2, 3, 4, 5, 6, 10, 12, 15, 20, 30… So it’s great to see that they had something like binary 500 years before computers…

Original article is HERE

I’ll post the article’s text: (press more)

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As some of you guys may know, I have a very entrepreneurial mind. My mind is always cranking away at business ideas and they either get developed or go into my black book of ideas (of which 1 of the 3 books have been stolen). In the past, I’ve ventured into a lot of businesses, some that succeeded and others that eventually died… Press MORE to learn more and of my future plans.
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