I think what will DEFINITELY help is all the immature passive aggression, like this post, that manifests when anyone dares to suggest they might have an issue they need to fix.
/s, in case that wasn’t clear
I think what will DEFINITELY help is all the immature passive aggression, like this post, that manifests when anyone dares to suggest they might have an issue they need to fix.
/s, in case that wasn’t clear
I was coming to post the same. Those fucking clickers were so stupid and overpriced, all so my biochem professor could poll the class AND grade everyone on their results. Results to questions about material that was JUST taught in the same lesson. Good thing everyone benefits equally from lecture, right? Fuck that guy.
That’s pretty much what they did anyhow, just with way more steps.
Have you installed it on an NES yet? Because that kinda happened: https://www.tomshardware.com/software/linux/you-can-sort-of-run-linux-on-an-nes-demo-shows-a-unix-like-os-running-completely-on-the-nes
“Fiscal conservative” was always just a reputable seeming veneer for “we’d rather let poor people die than tax the wealthy at the same rate as everyone else”.
Holy shit. I get it! That’s a great explanation and I really appreciate your taking the time to type it all out. I’m glad we don’t have Lemmy medallions to award but, if we did, I’d give you one. I now see how a 100% reserve requirement, i.e., all deposits completely backed in cash, would entirely change banking.
The only thing that feels weird to me is the virtual money the bank creates doesn’t seem go away once it’s paid back. For example, if a mini bank only had $1000 and lent $900 with a 10% reserve, they’d end up with $1900 once the loan is repaid (ignoring interest). Or does the $900 they lent create a -$900 for the bank that is cancelled through repayment?
I’ve been thinking about it and it still doesn’t make sense. I’m a scientist, not an economist, so it’s wildly out of my wheelhouse. Would you mind pointing me in the right direction?
Here’s where I’m hung up. Let’s assume a 10% fractional reserve and, for the sake of simplicity, just one bank and a dramatically simplified deposit/loan scenario, just to minimize the number of hypothetical people and transactions.
Person A deposits $1000. Bank lends $900 to person A which is sent to Person B.
Person B deposits $900. Bank lends $810 to person B which is sent to Person C.
Person C deposits $810. Bank lends $729 to person C which is sent to Person D.
Person D deposits $729. Bank lends $656 to person D which is sent to Person E.
Let’s stop there. So we have one initial deposit of $1000, which has resulted in an additional $2,493 in deposits ($3,493 in total) and $3,095 in loans. The bank is now receiving payments, plus interest, on over 3x the amount of actual money it was actually given. To me, it seems like the bank is figuratively “printing money” and gaining interest on it. Nothing I’ve read on fractional reserve lending has suggested this is incorrect.
Halp!
I learned to pick locks in my youth. I absolutely have picked my way into places and things to fuck with friends and family, but I always tell them. At some point.
One of my favorites was getting into my friend’s garden shed and turning everything upside down, then a few weeks later rearranging everything so it was a mirror image of how it was previously.
I’m always surprised how few people know about this. The banks are literally gaining interest on money they never had. It should be illegal.
This is further proof that for every statement made, no matter how whimsical, there exists at least one person online who will tell you that you’re wrong.
-The Earth revolves around the sun.
-Ackchyually, they all revolve around the galactic center…
-Godzilla floats by increasing his volume.
-Ackchyualllllly, his volume doesn’t increase because lungs are on the outside… (Wtf?!)
-Cotton candy is my favorite fair food.
-Ackkkkkkchyualllllllllly, my review of the last three years of your comment history proves your favorite fair food is not, in fact, cotton candy. I have gathered and will prove this with ten points. Point one: your childhood experience with Geoffrey the Giraffe suggests…
A few jobs back, my employer promoted me once within a year of starting from a new college graduate position to a junior position, then strung me along for three years with “you’re just not quite ready for a mid level position but you will be. Any day now!” This was all in spite of me doing the work of a senior position within the company for the last two years.
So I got a job at a different employer and went from a junior position to a senior position, like magic, nearly doubling my total income in the process. My coworker did the same, hopping from a senior position to a management position at my current employer. I’ve increasingly observed how corporate United States is painfully stupid and inefficient and it continues to boggle my mind
I’m sorry, but yes. She couldn’t resist my encyclopedic knowledge of self-hosted streaming options.
All spouses can be taught to use Plex or Jellyfin. It just takes the right approach and some determination. Mine is now sailing the high seas with the finest of us.
Does it look purple to you too?
Little Grandpa story time:
Ponies are generally nicer than horses, but I was raised believing ponies were angry, vicious little assholes. My father was bucked off of a pony in his twenties, causing him to break a rib and paralyze half of his diaphragm. Being the actual asshole in this story, he never stopped to think that maybe he was too heavy and too drunk for a pony, so he spread pony hate throughout his life. I want angry ponies as I dislike my father and on a primal level think they’d keep me safe from people like him, like two pissy, grass eating charms to protect against narcissists.
But how else will they get a bigger house? Nicer, larger yacht? More private jets?
Like, I kinda understand the “more more more!” mentality. As my income has gone up over the years, there’s always something more my monkey brain tells me I should want. A nicer, more comfortable car. A new video card. Two angry ponies. You know how it is. I tell it to shut up because I have more than enough already.
I’m not a sociopath, though, so at no point has my monkey brain told me to enslave others so I can have nicer stuff.
What’s your favorite process?
Sorry, I’m usually a bit more tactful! I’m not trying to criticize, just inform.
deleted by creator