Skip Navigation
What industry secret are you aware of that most people aren't?
  • Yes, they still have it. It's just not in cash.

    Fractional reserve banking works because most people don't need all their money as soon as they get paid. Most businesses keep some money in the bank too. Banks have a required percent of deposits that they must keep on hand to allow these withdrawals. And if they run low on cash, they just borrow money for a day from other banks (literally just one day). The US government can adjust the percent of required reserves or the overnight lending rate to keep banks from lending too much money out.

    Banks use this money to loan to businesses or people buying houses. It works well because whenever the money is loaned out it is used for a purchase and just redeposited in another bank. A percentage of that money is retained by the bank and the rest is loaned out again. And again and again. This way money is "created" when people buy things in the economy.

  • 1.3 million people died from TB in 2022
  • It's cheap to treat TB. You are ignoring the fact that the medical systems in many of these countries do not pay enough doctors or buy enough medicine for their citizens. People die of malnutrition too. That's prevented by eating.

  • Did hackers steal 33TB of data from the Federal Reserve?
  • “You better hire another negotiator within 48 hours, and fire this clinical idiot who values Americans’ bank secrecy at $50,000,” the LockBit post said

    My friend, you don't want the Federal Reserve to be mad at you. They're offering a low price because the alternative is that you spend 20 years in a federal prison.

    You're lucky they're embarrassed about the hack. I'm surprised they're offering anything besides, "Turn yourself in and we won't yank you out of your house in Bulgaria in the middle of the night".

  • Ukraine destroyed columns of waiting Russian troops as soon as it was allowed to strike across the border, commander says
  • No it doesn't. The US especially has spent a ton of money building up countries it has defeated in war.

    The prime minister decides that their only course of action is to declare war on the United States. Expecting a quick and total defeat (since their standing army is tiny and equipped with bows and arrows), the country confidently expects to rebuild itself through the largesse that the United States bestows on all its vanquished enemies

    https://en.wikipedia.org/wiki/The_Mouse_That_Roared

  • Ukraine destroyed columns of waiting Russian troops as soon as it was allowed to strike across the border, commander says
  • This was done on purpose so the crisis didn't escalate. There's no world police to prevent Russia from nuking everyone. It's better for outside actors to focus on de-escalation anyway.

    Also, Putin is not doing this because of Ukraine. I mean that's part of it, but he is doing it for domestic appeal. He wants to appear tough to Russian citizens. Two situations allow that: beating Ukraine easily, and losing to NATO forces. He knows NATO will not risk invading Russia, so he's in no real danger from the second one.

    NATO is intentionally not intervening because it makes Putin look weak domestically. Russia has created their own problem and the war will not end until the people of Russia demand it.

  • TIL about Roko's Basilisk, a thought experiment considered by some to be an "information hazard" - a concept or idea that can cause you harm by you simply knowing/understanding it
  • I can tell you are an ex-Mormon. You are still thinking like a conservative. You are thinking of a hierarchy where you are more moral than Hitler. You believe it's unfair that Hitler has a better outcome than you.

    I'm asking you to think more like a liberal. Think about the actual outcome. Imagine two restaurants, one has Hitler forever one does not. If given a choice which would you choose? I'm saying that letting in Hitler indicates the quality of people in that location. Wouldn't spending eternity with people like him be hell?

  • These are the debate ‘traps’ Republicans fear Trump may fall into
  • These are all small and petty things to worry about. Your orchard maintenance is your biggest problem? Talking about CARB indicates that you're in CA. You want more people to have wood burning boilers, even though your state has massive annual wildfires? Are you even listening to yourself?

    All of your complaints revolve around burning things. I know people who work for CAL FIRE. You are wrong about forest fires. Small trees planted for lumber burn more easily than mature trees with thick bark.

    https://www.nationalforests.org/our-forests/light-and-seed-magazine/how-trees-survive-and-thrive-after-a-fire

    And I'm sure if you ever need to use the terrible big government services you dislike (possibly because of a fire), you won't hesitate to ask for a handout.

  • What do you think the Great Filter is?
  • Your brain isn't what "collapses the wave function", it's the measuring device that you use. You can do a double slit experiment and watch it with your eyes the whole time. Light will still act as a wave until you interact with it experimentally.

    You are reading too much Deepak Chopra. Your brain is just a computer made out of meat. It's not magic.

  • What do you think the Great Filter is?
  • Why would they eliminate the competition if it was way behind in technology? Do we eliminate uncontacted tribes because they might be "competition"?

    If aliens exist they probably have rules against interfering with primitive species. We are more like a band of chimps than an uncontacted tribe.

  • My workplace has a budget for office ergonomic upgrades, what should I ask for?
  • Standing desks are for people who have never worked a physical job. Did you know that you can just stand up from a normal desk at any time? Now imagine a job where you can't sit down.

    Exercise your choice and stand up when you want to. Sit down when you want to. Don't do one thing all day long.

  • Removed
    What's the best possible justification for vandalizing a library?
  • This is probably mostly laziness. Organizing a march is hard and requires people organizing skills. Spray painting some books takes only one or two people.

    If anything, this just emphasizes how small this group is and how bad they are at organization. It's simple: get a lot of people who agree with you and march to the capitol. That's all you need to do but it's hard.

  • US gives Ukraine front-of-the-line privileges for air defense missiles

    The Biden administration is moving Ukraine ahead of other countries that were slated to receive air defense missiles, the latest move in its effort to rush urgently needed weapons to Kyiv.

    The U.S. will “reprioritize” deliveries of Patriots and National Advanced Surface-to-Air Missile Systems missiles planned for a select group of other countries so that the munitions coming off the production line will instead go to Ukraine, John Kirby, spokesperson for the National Security Council, announced Thursday.

    1
    What do you think about my idea to help renters buy their home?

    I had an idea that would allow people to buy their own homes that they are currently renting:

    1. Every home gets appraised to determine what it would sell for. This is done by the county and is used for property taxes too.
    2. Every renter is allowed to buy a percentage of their primary residence from the owner. The owner has no choice in this. It's a requirement for being able to rent a property. Edit: Since people are confused about this, the renter is not required to buy anything. They have an option to buy.
    3. Renters can pay as little as $100 extra per month and the county puts their percentage ownership on the deed. If the home is sold, the renter can't be kicked out involuntarily. If they do leave, they get the percentage of home value they own.

    Pros:

    • This would avoid the issue of high interest rates hurting primary homeownership.
    • This would blunt the impact of corporate landlords having a monopoly where they refuse to sell. They are forced to sell at a fair price.
    • This would create a simple decision between owning their home and spending money on luxuries or eating out.

    Cons:

    • This would hurt small landlords who would have their property bought out from under them. This is actually a good thing because the benefits of rising property values are now shared.
    • The implementation is hard. This is actually a good thing because bad landlords would sell property they didn't want to manage, lowering prices for renters who want to buy.
    • It would cost the county money to hire appraisers. But this could be paid for by increased property taxes due to better appraisals.
    • Property taxes would go up for landlords. But this would be good, as it encourages them to sell the property. This appraisal process and increased property taxes wouldn't affect people who just lived in their home without charging rent.
    59
    Biden Takes the Gloves Off to Tear Into ‘Convicted Felon’ Trump
    www.thedailybeast.com Biden Takes the Gloves Off to Tear Into ‘Convicted Felon’ Trump

    The president said his Republican rival “snapped” after his 2020 election loss and would now pose a greater threat to the U.S. in a second term.

    Biden Takes the Gloves Off to Tear Into ‘Convicted Felon’ Trump

    > “Something snapped in this guy—for real—when he lost in 2020,” Biden said. “He can’t accept the fact that he lost, it’s literally driving him crazy.”

    18
    Trump's own biographer spills inside information about ex-president's jail worries
    www.rawstory.com Trump's own biographer spills inside information about ex-president's jail worries

    Donald Trump has suggested he's not worried about going to jail after being convicted on 34 felony counts in New York, but those close to him are reportedly undermining that claim.Tim O'Brien, who spent massive amounts of time with Trump before writing TrumpNation: The Art of Being the Donald, appe...

    Trump's own biographer spills inside information about ex-president's jail worries

    >"First of all, he's actually not comfortable with going to jail. That is just bravado." > >He said that he has "talked to Trump associates" who said Trump "doesn't want to serve time."

    18
    What policy or program would you pay more taxes to support?

    You can't cut any taxes or programs to fund your idea. Nothing else in your government is going to change. It can't be a tax that you avoid somehow. The money comes from you and similar people in your situation. Don't try to get around it in some way.

    What would you pay more taxes to support?

    43
    ‘Mike You Suck’: Columbia Students Let Loose on Speaker Johnson
    www.thedailybeast.com ‘Mike You Suck’: Columbia Students Let Loose on Speaker Johnson

    The House speaker threatened to call in the National Guard on Columbia protesters during a speech in the middle of campus.

    ‘Mike You Suck’: Columbia Students Let Loose on Speaker Johnson
    4
    Israel Iran attack: Damage seen at air base in Isfahan
    www.bbc.com Israel Iran attack: Damage seen at air base in Isfahan

    Satellite imagery analysis by BBC Verify reveals damage from Friday's Israeli strike on Iran

    Israel Iran attack: Damage seen at air base in Isfahan

    Looks like the missile hit a radar dish.

    >Satellite imagery released over the past 24 hours has revealed evidence of probable damage at an Iranian air base following an Israeli strike in the early hours of Friday morning.

    >Iran says the attack involved drones that were neutralised by air defences.

    >An Umbra Space image captured after Friday's strike shows damage and debris around one component - probably a radar - which has also shifted position slightly. > >This assessment was confirmed by an optical satellite image captured by Planet which, despite low resolution, shows a scorch mark at the same location.

    1
    Freight railroads must keep 2-person crews, according to new federal rule first proposed under Obama
    apnews.com Freight railroads must keep 2-person crews, according to new federal rule first proposed under Obama

    Major freight railroads will have to maintain two-person crews in most circumstances under a new federal rule.

    Freight railroads must keep 2-person crews, according to new federal rule first proposed under Obama

    >“As trains — many carrying hazardous material — have grown longer, crews should not be getting smaller,” said Eddie Hall, the president of the Brotherhood of Locomotive Engineers and Trainmen union. He praised the FRA for taking the step President Joe Biden promised. Hall said keeping two people in the cab of a locomotive is crucial now that railroads rely on longer trains that routinely stretch for miles.

    12
    From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case
    www.nbcnews.com From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case

    Negotiations were underway to post a $557 million bond when an appeals court reduced the bond, according to one of the participants, billionaire Don Hankey.

    From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case

    Looks like it actually was possible to bond the whole amount.

    >Don Hankey, the billionaire chairman of Knight Insurance Group, told NBC News he was negotiating to post a far heftier bond of $557 million with the Trump Organization when the state Appellate Division lowered the size of the required bond to $175 million.

    15
    Donald Trump Is Not as Popular as Everyone Thinks
    www.newsweek.com Donald Trump is not as popular as everyone thinks

    On Super Tuesday, the former president lost the state of Vermont and more than 2 million votes to Nikki Haley.

    Donald Trump is not as popular as everyone thinks

    Despite resounding victories on Super Tuesday, there are indications that Donald Trump is still struggling to get strong, united Republican support, which he may need in the presidential election.

    ---

    Speaking to CNN about the Super Tuesday results, columnist and political commentator Molly Jong-Fast said: "There is a real 'Never Trump' contingent, and remember, Trump is a primary candidate. He has only ever tried to appeal to Republican primary voters, and he cannot marshal that group together the way he needs to.

    "Part of his trick in 2016 was, he got these low-frequency voters out, these people who almost never voted, which is why the polling was so off, and you're just not seeing that same type of enthusiasm."

    69
    Fake Biden robocall traced to companies in Texas, New Hampshire attorney general says

    Separately, over 50 attorneys general from both political parties wrote to Life Corp and its owner and executives on Tuesday as part of the nationwide Anti-Robocall Multistate Litigation Task Force, warning them to immediately cease any unlawful call traffic or risk being found in violation of consumer protection laws.

    6
    Factorio @lemmy.ml KevonLooney @lemm.ee
    We look for things
    imgflip.com Image tagged in pointy riker,pakled go

    An image tagged pointy riker,pakled go

    Image tagged in pointy riker,pakled go

    Things that make us go.

    1
    We look for things
    imgflip.com Image tagged in pointy riker,pakled go

    An image tagged pointy riker,pakled go

    Image tagged in pointy riker,pakled go

    Things that make us go.

    5
    InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)KE
    KevonLooney @lemm.ee
    Posts 14
    Comments 2.1K