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Deflation Never Happens, Except Right Now
  • I'm sorry to be pedantic but this is a pet peeve of mine. If you bought a house you would not have any mortgage payment. You (and everyone else usually) are talking about financing a house.

    Maybe I'm the crazy one but when I buy something I like to look at the total amount that I'm paying for it.
    If I wanted a house listed for $300,000 5-years ago and I wanted to finance it, the rate might have been 3% so the total amount I would be paying would be $455,332.36 over 30yrs. Therefore I would only finance if I thought ~$450,000 was a fair price. If I thought the house was only worth $300,000 then I would need to pay in cash.

    Today rates are at 7% so a house listed at $300,000 actually costs $718,526.69 when financed. Do I think the houses I see listed for $300,000 are worth over $700,000? No. Do I have more than $300,000 needed to afford to pay in cash? Also no. Therefore, I'm not buying.
    *These calculations are ignoring the down payment but the principle is still valid.

  • Pay researchers to spot errors in published papers
  • They ASK overworked people to do this for FREE. Not the duplicating part though, that would be very expensive in most cases and require its own funding.

  • Conifers 💚💚💚
  • Where's my boy Doug?

  • Student protesters face same suspensions as those who bring assault rifles to campus
  • If they're going to get the same suspension either way, they might as well..........

  • big geoscience!!
  • I believe that was Norway.

  • feminem
  • But nice cause I texted Haiti
    90 lady cops on the road and I'm arrested for doing 80

  • State your music taste chat
  • Damn, I like The Smiths, Radiohead, Joy Division, Nine Inch Nails, Pavement, and Weezer. Somehow I managed to cover the whole board.

  • Frosted Mega Rule
  • Elon Musk wants to know your location

  • Scalping Rule ☭
  • Cirno plushes are limited and in high demand?

  • "Time for degrowth"
  • People aren’t pulling and storing tens of thousands of lbs of load every day.

    Hey, speak for yourself ( ͡° ͜ʖ ͡°)

  • 'The economy is different now': Parents pay grown-up kids' bills with retirement savings
  • If this is true it might help explain the recent divergence between GDP and GDI.

  • Newsgroups?
  • If he's taking about Usenet it predates torrents by about 2 decades.

  • ‘The situation has become appalling’: fake scientific papers push research credibility to crisis point
  • The whole system is so messed up on multiple levels. You not only have to publish some result that is correct (true) but it also has to be positive (support your hypothesis) and sufficiently "important " to your field or else your whole career is at risk.

    I'm posting this while running an experiment at 11pm on a Saturday night trying to collect data for a grant application. Of course I'm going to lose if I'm competing against people who just make shit up.

  • Countries that let anyone in?
  • That's a good point. But the US is not offering this same path to citizenship to anyone willing to buy a house in rural Alabama. I assumed these visa programs were aimed at attracting wealthy foreigners which is why the US has something similar for anyone willing to invest $800K in a commercial enterprise. That's why I was curious if $263K is considered relatively wealthy in Greece and could buy a house even in desirable areas. The fact that apparently this is not the case makes the goals of this program unclear.

  • Countries that let anyone in?
  • "Greece’s golden visa program requires a minimum investment of approximately $263,000 (€250,000) in real estate."
    Is that enough to buy an average house? Is the economy still this bad over there?

  • shopping rule theory
  • The busses don't take metro card? I've only ever ridden the subway in NYC.

  • shopping rule theory
  • Whenever I go to Aldi (US) there's usually at least a couple carts with quarters left in the parking lot so I just put them back. The quarters pile up in my car until I eventually bring them inside.

  • Amazon pricing makes no sense.
  • Rock Auto? Probably have to wait more than 2 days for your order to arrive though.

  • Memes @kbin.social glomag @kbin.social
    At least they won't be going to waste.
    0
    Memes @kbin.social glomag @kbin.social
    I keep seeing that number...
    0
    glomag glomag @kbin.social
    • Scientist

    • Beer Drinker

    • Advocate for distributed / user-supported communities and media

    I wish that I was skinnier but I love beverages.

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    Comments 51