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You keep saying that you were a proponent of FF back in the day, but the fact that you aren’t giving credence to the experiences that made you switch lessens your credibility and weakens any persuasion power you might have on people switching from FF to Brave.
It would help your cause to explain what made you switch so others might understand you.
But from your demeanor, it seems like you dgaf about other people. So I guess that’s fair.
Yeah, Nebula is an alternative that’s trying to grow. Think it’s creator owned too which is nice. I haven’t made the switch yet, but if I wanted to support creators directly I’d choose Nebula over YouTube. And if I could, I’d send money straight to them via Patreon or PayPal or other.
Would any group structure of the size you describe lead to the same state of affairs? Does this include government as well as any community that collects over any life activity?
Firefox Mobile has uBlock Origin that works on every site, even in incognito mode. Give it a try if this post pains you!
Oh I see, so it’s like a merry-go-round, and everyone wants to have their money returned with more than they borrowed so that not only can they have some left over for themselves, but to also pay back those they themselves borrowed money from in order to lend in the first place. Recursive lending/borrowing up until the central banks, like you said.
Risky stuff. If any single entity along that lending/borrowing chain/network flops, it can send shockwaves to everyone else, all the way back to the central bank.
Thanks for the 2 cents.
And it’s most costly to increase interest rates not because those directly affect the investors, but because those interest rates affect the borrowers since the borrowers will need to make more and more money to be able to pay back the initial injection + interest.
If borrowers don’t think they can pay back, then they probably won’t borrow in the first place. If they do borrow but don’t make enough to pay back those loans + interest, then the investor loses out.
And if borrowers don’t borrow in the first place, then investors sit on their money when they could theoretically inject it into other businesses so they can earn on what they own, and not just let their assets stagnate (or decay). To investors, this might also be perceived as a loss.
Do I have that right?
It all depends on the cost of living relative to the wages accrued. Often wages haven’t kept up with the cost of living, so people feel more and more that the deal with their employers gets worse and worse. Someone earning 200k/year might be living the same as someone working 60k/year depending on where those people live
Now, there is something to be said about why cost of living should vary from place to place. Part of it is scarcity of habitation: if there aren’t very many available flats or lots, there might be fierce competition for people to fill what flats or lots do become available. Supply and demand.
Other aspects might be debt accrued by businesses that they pass on to their customers, externalities like wars or laws, etc.
I also want to point out that a lot of people associate more wealth with more consumption, so you might see people rise to spend all of the new resources they accumulate rather than securitizing and saving that wealth for unforeseen events. Lots of people consume at terribly non-sustainable rates, and there should be conversations about what effects behaviors can have on the world, outside of the economy.
There was a phenomenon in the US labor market during 2022/2023 called “quiet quitting” where laborers across the market realized that companies weren’t paying wages adequately or to a level that reflected the kind of work laborers would perform.
It was thought that companies paid their workers short of what the workers are owed, and in response to that, a large number of people, many trending young, started behaving according to those wages.
This often meant reducing work speed or efficiency, reducing communication, etc. Laborers would claim that they were doing the bare minimum to match their wage compensation.
The other side of this is that the US labor market at that time favored laborers over companies. Workers had more leverage about getting job offers and negotiating terms than companies had, partly due to a rebound from COVID.
This meant that there wasn’t as much of an anxiety of workers being fired from their position since they would find it easy to get another job. So people did look for other jobs, often while working, to see if they might improve their circumstances and land a job that pays better.
The “quiet” part was about sliding back on performance or even job tasks themselves, and the “quitting” part was about workers possibly leaving companies for other offers.
I might have conflated The Great Resignation with this, but both phenomena affect the other.
I was just responding to the first point made by OP. Didn’t intend on commenting on the other stuff because either I agree or don’t know enough to contribute!
There’s a phone company out of Europe, Fairphone, that’s striving to fix these problems. I can’t really say if their specs are up to par or not (fwiw their newest phone can do 5G), but you can repair you phone with their Spare Parts offerings, like the selfie camera, earpiece, rear cameras, speaker, USB-C port, display, back cover, battery, etc.
Issue is that you can’t buy it in the US or elsewhere, but there are some tricks where you can get it into the US/CA by going with Clove or Reship.
Phone looks to work best on T-Mobile networks, so AT&T or Verizon users might see terrible performance.
So, not panacea, but a decent solution for those willing to go down that path.
That’s a terrible ping 😂