Actually its the inverse. Borrower A is borrowing the equivalent of $105 and borrower B is borrowing the equivalent of $125 and after 5 years the amount they borrowed is equivalent to $160.
Let's put this into more real terms. Lets say 30 years ago borrower C got a $100k mortgage at a 6% interest rate. Ignoring everything else that often gets lumped into "the house payment" (insurance, property taxes, HOA/condo association fees, closing fees, etc.) their monthly mortgage payment would be $599.55 for the entire lifetime of that mortgage. That $100k in 1995 dollars that was borrowed would be about $210k when adjusted for inflation. Those 360 payments would also conveniently equal out to roughly $215k meaning they effectively were loaned the money for free over the timescale, and that loan payment of $600 in 1995 is still a loan payment of $600 in 2025 despite the fact that that $600 in 1995 dollars is equivalent to about $1200 today.
Basically with inflation, property ownership ensures a roughly decreasing cost of living over a lifetime and property has a tendency to gain value faster than a dollar does, so ultimately being able to get a mortgage creates wealth for the individual by stabilizing costs that would otherwise grow indefinitely and they gain an asset that generally increases in value.
I was just thinking it was a missed opportunity for a What We Do In The Shadows reference, but on the other hand the only other people I know who watch it are gay so maybe it would just go over Fox's audience's heads
That was Logan Paul, and actually the Paul brothers' antics actually greatly delayed Pewd's immigration as the Japanese government actually stopped granting new visas to any social media personalitiws for some time after the Paul incidents.
If I remember correctly he wasn't able to immigrate until mid-2020 thanks to the Paul Borthers' lack of respect for anyone
I mean there's plenty of shoddy workmanship in these century old homes in the form of creative renovations by various owners. Any home that isn't brand new is usually a better option though since any problems will have had time to show themselves, or be limited to specific places
I worked in customer service escalations for a large company. We had a couple of dedicated people who handled inquiries on complaints sent to the AG, skipping several tiers of support if someone from the AG's office asked about it. Usually it was some bored office adminstrator who'd share the customer's complaint and await a response from the company and make sure everything was above the board, and largely exist as a mediator between the customer and the company. Involving the AG is a very good step to take in a customer service failure on any kind of order/RMA problems, especially if you're out money
That's super cool. I'd love to know more about Nebula's business practices, do you know where I could find that information? I've seen some interviews with their leadership that didn't go into anywhere near the depth that I'd like and that's about it
The farmers I know go through a handful of local butcher shops to handle everything from that point forwards. The butcher gets high quality meat to sell and the farmer doesn't have to deal with the parts of the process that aren't part of their skillset or that they otherwise don't want to handle. So while they aren't part of the killing and butchering process, they are confident in their trust of the individuals and small businesses they rely on for it
From what I've seen and learned, small businesses and small farms have the capability to handle the process of breeding and nurturing their stock for processing into the cuts of meat we buy at the store in a humane manner, but very large farms and very large meat processing operations every individual is simply too disconnected from the full process to ensure every step is as humane as it should be.
Ultimately this is why we need to greatly expand the USDA to ensure every step of the process of our food being brought to our plates is as humane and safe as possible. The USDA already has full time inspectors who work at meat processing plants full time to ensure everything is safe and by the book, with the power to pause operations at any moment if they see a problem, but this needs to be expanded. We need USDA and FDA inspections to be frequent and thorough at every food processing facility in the country. Farms that product stock for these facilities need to be regularly audited. The erosion of the FDA and USDA is part of why there's been so many salmonella outbreaks and food recalls in recent years
I'm worried about Nebula's business model being profitable enough to be sustainable in the long term but given their business model includes making every creator on the platform a part-owner of the platform that does limit how bad things can get
Others have pointed out how people keep growing up in their 20s and 30s. But also as a media personality, you can't ignore the possibility that he's playing a character on camera. It could legitimately be he just kept acting like his younger self while recording because that pays the bills
My wife was a PewDiePie fan from before the slur incident so I've loosely seen some of his content over the years. He's apologized multiple times, and he's shifted his style significantly multiple times since then.
Basically in the last few years he's grown up a ton. He married his girlfriend of a decade or more after earlier refusing marriage, had a baby, emigrated to Japan and now posts tons of creative and day-in-the-life style vlogs
LBRY is cool but I'm honestly sketched out by the creators that currently exist there. It's mostly weird libertarians and crypto bros plus random porn bots. Also between the first and most recent times I played with it they added a CDN that hosts all of the files and something like 99% of the data I downloaded while farting around on there came from that single official CDN, so very decentralized.
Peertube has actual large creators who aren't weird conservative podcasters, and tons of different servers already which serve content, and great Mastadon integration which puts it in a much better spot for growth moving forwards than LBRY. You can literally watch peertube videos from Mastadon (Which has millions of active users including some celebrities and government officials) and comment on them from Mastadon, so there's kinda already a userbase measured in millions depending on how you classify cross-fediverse users
When I was a young adult I bought my first car with a loan because my girlfriend at the time relied on her parents old van which had the engine die (I very recently learned this was due to off label oil change practices her ex told her to do when he worked at the Walmart auto dept)
Anyways since I had basically no credit history, I ended up with a 22% interest loan on my car! I didn't know what I was looking at in the paperwork and the sketchy dealership my BIL insisted we go to flat out was "joking" "oh you don't want to read that. Just sign here!'
Once I had a chance to look at what I signed I quickly opened a bank account and got that loan refinanced down to an 8% interest rate. I also learned that it had some extended service plans added on that I didn't know about which didn't cover anything that wasn't already covered by the manufacturer warranty.
Later on I went back to college, pulled equity out of the car and refinanced it again down to a 4% interest rate, then a few months later I totaled it hitting a deer.
I kinda forgot what my point was in sharing this story but here we are I guess
Yeah most 16 bit stuff is old enough that there's already a mature reimplementation of the game engine or old enough that it'll run nicely in a translation layer or VM
Actually its the inverse. Borrower A is borrowing the equivalent of $105 and borrower B is borrowing the equivalent of $125 and after 5 years the amount they borrowed is equivalent to $160.
Let's put this into more real terms. Lets say 30 years ago borrower C got a $100k mortgage at a 6% interest rate. Ignoring everything else that often gets lumped into "the house payment" (insurance, property taxes, HOA/condo association fees, closing fees, etc.) their monthly mortgage payment would be $599.55 for the entire lifetime of that mortgage. That $100k in 1995 dollars that was borrowed would be about $210k when adjusted for inflation. Those 360 payments would also conveniently equal out to roughly $215k meaning they effectively were loaned the money for free over the timescale, and that loan payment of $600 in 1995 is still a loan payment of $600 in 2025 despite the fact that that $600 in 1995 dollars is equivalent to about $1200 today.
Basically with inflation, property ownership ensures a roughly decreasing cost of living over a lifetime and property has a tendency to gain value faster than a dollar does, so ultimately being able to get a mortgage creates wealth for the individual by stabilizing costs that would otherwise grow indefinitely and they gain an asset that generally increases in value.