SJ0 @ SJ0 @lemmy.fbxl.net

Posts

2

Comments

162

Joined

2 yr. ago

Not how the union works. But thanks for trying.

I've found the biggest thing isn't any real resource. My instance runs on a core 2 duo with 4GB of RAM, and I really try to get it to waste memory and barely fill the 4GB.

The thing is your instance will be blasted by all the other instances you subscribe to. If you subscribe to too many big communities you might find you're locked out during peak times, but it should be just fine as long as you're not crazy with follows like I am lol

Found the guy who never worked a union job.

Reality doesn't care whether you care to play or not.

There's a limited amount of resources, you can't hire everyone on Earth, you can't give everyone an unlimited salary. Everything past that you're making decisions as to who gets what.

And by the way, if you make enough poor decisions eventually everyone loses their jobs.

Its a very true dichotomy.

Hey let's hire Ashok for this position! He's really good!

Oops, sorry. Bob Whiteman has been here for 30 years. He's just good enough not to fire but he has seniority so he gets first dibs on the job.

Hey, let's give Ashok a raise! He's really good!

Oops, sorry. Bob Whiteman has been here for 30 years. He's just good enough not to fire. It he's been here the longest so he gets paid the most.

The false dichotomy is assuming your choices are a massive adversarial bureaucracy or not making a living wage.

That doesn't have anything to do with what I said.

Do you want to pay people more because they're better at their job or do you want to pay people more because they've been warming a chair longer than anyone else?

I don't want to create an echo chamber, so lets make sure that people I disagree with can never talk to anyone who doesn't agree with them

I don't think its too bad, but it probably depends a lot on a lot of factors.

Since I first started my hardware got a lot stronger, and nextcloud, php, and mariadb have all improved and so my experience has gotten pretty decent.

Remember though, there's a ton of biases here, so I could be wrong...

"we only jerk each other off on union hours!"

Yeah, that's what happens when you have mass money printing and someone produces a finite resource.

We're talking about the economic laws of physics. When you blow up a balloon, do you get angry at the balloon for getting larger? No, there's more air in there so the skin gets stretched thicker under the pressure. In the same way, you add more dollars to an economy, particularly when you've gone and told everyone to stop working for years, things get stretched a lot thinner and it'll take more dollars to buy the essentially similar amount of stuff.

I don't need to tell you about theoreticals, I can give you an example of why businesses can't just underprice their goods. Remember during the pandemic, you couldn't get an Nvidia graphics card for love or money? There were none in stores. Its because whether we like it or not, the cards were underpriced so scalpers came in and bought them all and resold them at the actual market price of several times the listed price. Once Nvidia repriced their cards, the scalpers tried the same thing and ended up sitting on a bunch of cards nobody wanted to buy and now you can easily find a video card in stores. (By the way, this can happen to the big companies too, if they try to price their goods too high they'll just be sitting on inventory they can't get rid of)

Is it unfair? If course it is. That's the point. The government takes money from everyone and then borrows from future generations and then creates central banks and mandates that those central banks print money out of thin air to buy the debt and add more money to the system, and eventually all those dollars funnel into buying a limited amount of natural resources and productivity, and inflates stock prices, and creates big winners and big losers.

Elon Musk has a crappy little car company whose revenue isn't a fraction of virtually any other car company. Why is he the world's richest man? Because of all that money floating around trying to grow before the party stops.

All this was predictable and publicly predicted. Its Only politicians and central bankers who pretended it wouldn't happen.

shutting down the productive world economy

World record money printing

Government debt at all time highs in every country

Government spending still not under control

"Why would greedy corporations do this?"

We shoot ourselves in the head then blame the ant next to us for the pain in our head. "You must've bit me! Why would you do that?"

My experiences with Nextcloud have been on another level in general. Really positive. I use it for a lot of things including notes, and its been really solid.

Typically it'd mostly just go sideways and wait for inflation to catch up.

Nextcloud Notes has become my go-to (Oh look, SJ is advocating for Nextcloud again! How original!)

We're starting to see institutional money leaving housing markets.

The money comes from debt, so as debt costs increase, the profit margin of buying homes decrease. As well, as the amount of money available to a common customer drops as interest rates rise, house prices will have to drop as a function of the laws of physics and mathematics -- The only way to keep increasing prices is to keep finding people who can afford higher prices.

The fact that there are still buyers doesn't mean prices can't drop, it's about the balance of buyers and sellers, and if people are dumping their houses at a loss because they can't afford to keep paying then that'll drive prices down by increasing sellers and decreasing buyers.

It'll play out in a bunch of ways because there's a bunch of stuff out there totally reliant on sucking up debt. Real estate bubbles around the world, zombie businesses, even the rich used debt as a tax vehicle for consumption since you can take out debt without paying taxes.

If Lenovo had better marketing, their decent lower cost phones should be dominating the market totally.

You're not wrong, but my point is that we're dealing with laws of math here. You can't just go "Just accept less profit" when the majority don't make enough profit to survive. That money has to come from somewhere.

My mom ran a couple restaurants at different times in her life. She's a high school drop-out who has never had a great job so it isn't like she's some high class capitalist. Both restaurants failed within a year or two, and she came out each time quite a bit worse than she went in. The company in charge of the building locked the doors and kept all her stuff in lieu of rent. It's pretty brutal. She lost all the money she put into it well beyond any money she might have made on the business itself, and she went into debt each time as a result of the failing business as well.

It's sad, but it was obvious that interest rates were going to rise. I refinanced in 2020 with the longest fixed-rate available (and paid a penalty to do so) and dropped my amortization length by 10 years when it became painfully clear we were going to see high inflation from government policies overlapping over each other and there was a chance of the return of high interest rates as a result.

A lot of people will get burned on the way down, but it's good for society if housing is cheaper.

A creepy looking billionaire isn't totally in charge of ActivityPub and can't get more power out of politicians by lending favors to them using it.