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type111
searching Neon…
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1.
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by
type111
4y ago
Given that's the case, do you have an explanation for Microchip's development of numerous new AVR product lines since their acquisition of Atmel in 2016?
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type111
4y ago
Looks like you've cracked the code. AVR is obselete after all.
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type111
4y ago
All options and all costing you more money on top of the 'only $1'.
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type111
4y ago
The RP2040 itself 'only costs $1' without the flash chip it needs. Then what if you need an analog comparator? Another chip. Now what if you want a medium current PWM output? Another chip. AVRxt can output as much current on a sin
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type111
4y ago
You've got it. They certainly don't create these IOUs for -any- reason (I'd wager there's legislation that strictly governs this.) In practice deposits (customer assets/bank liabilities) are created simultaneous to
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type111
4y ago
The only ledger that two different banks share is the ledger of reserves at the central bank. The bank deposit that is created through the mortgage process has no means of escaping the buyer's bank and into the seller's account --
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type111
4y ago
If a bank wants 'someone else' to have $10, such as a customer at an ATM or a different bank, they indeed must hand them literal cash or 'wire' them $10 of reserves. Banks, through 'loans', don't create ca
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type111
4y ago
Makes sense but is completely wrong. A bank can credit customers with any size deposits at any time, though in reality they will only do so with an equal sized debit, and within the confines of regulation.
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type111
4y ago
I think much confusion comes from association with the word 'loan'. In reality, a bank 'loan' is actually an extension of credit. You are indeed 'magically' credited, in an instant, with say $100 of new deposit
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type111
4y ago
No the $10 is indeed 'magically' credited in one step. There is no recursion required.
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type111
4y ago
This is not how it works in reality. $10 of new deposits can be created in a single fell swoop.