What We’re Reading
“The Fed Is Nervous, And Maybe That’s A Good Thing” (Forbes)
The historical and cultural differences that divide Europe’s union: (Financial Times)
Larry Summers cheer-leading for an inflation outbreak. (Financial Times)
G-20 recommends zero sum game to make all better off! (The Wall Street Journal)
‘Peasants With Pitchforks’ Seen If Profits Get Any Fatter (Bloomberg)
The Future of the Gaming Industry
Quotable:
“Of course, we are applying advances in technology. But when you use those advances just to boost the processing power, the trade-off is that you increase power consumption, make the machine more expensive and make developing games more expensive. When I look at the balance of that trade-off — what you gain and what you lose — I don’t think it’s good. Nintendo is applying the benefits of advanced technology, but we’re using it to make our machines more power-efficient, quieter and faster to start. And we’re making a brand-new user interface. I think that way of thinking is the biggest difference.” – Satoru Iwata, CEO of Nintendo
An Inflation Adjusted History of Console Gaming
Tweeted by @HistoricalPics
