It’s OK to say “No” or “Pay me and I’ll do it right now” to companies doing this.
I 100% agree with this. It also is 100% OK to fork aggressively and patch yourself.
Readit News> Your money has to go somewhere or it will rot to inflation.
Inflation is mainly created by this act of "putting your money somewhere". For most people, this "somewhere" means loans. Money is being loaned out to people, spent, deposited back into the bank, and loaned out again, on and on it goes until $1,000 turns into $100,000 in circulation, not a cent of it real until all loans are paid back.
You are very confidently incorrect. So incorrect, it is hard to even start correcting you.
* Inflation is not caused by "putting your money somewhere" What on earth. * At a high level, inflation is caused by either "too much money chasing too few goods" and/or the cost of producing the goods rising. Money supply can increase without causing inflation if the supply of goods can also increase. In short, the supply of money can increase without causing inflation if productivity rises to match it. * Most people do not "put money" in loans what are you even talking about there? * Bank loans do not automatically increase the supply of money. When a loan is taken out, it is (mostly) deposited to another bank, resulting in a net-zero change in money. Increasing the supply of money requires the federal reserve to take steps.
carllerche commented on Coke, PepsiCo Lobby to Keep Sugary Sodas in Food-Stamp Program wsj.com/politics/policy/r... · Posted by u/impish9208
People would buy healthier food if they can afford it (both time and money). So, either make healthier food cheaper and allow them to cook it, or give them prepared healthy food.
I doubt it. Eating healthy is already cheap and easy (rice & legumes as a base, fresh or frozen veggies based on what is cheapest at the time). It just doesn’t taste as good and gets boring fast.
carllerche commented on Toasty, an async ORM for Rust tokio.rs/blog/2024-10-23-... · Posted by u/steveklabnik
[flagged]
I respect that some prefer just to use SQL, but that isn't where most stand.
Also, instead of a reactionary "all ORMs are trash," where ORM probably means different things to different people, maybe you could provide some value to the conversation by providing specific points and/or arguments supporting your feelings about ORMs. At the very least, you could provide some citation to an article that does the summarization.
carllerche commented on Ask HN: What's an appropriate compensation counter offer in London 2024? · Posted by u/ManchesterDev
> over the £100k mark which here in the UK is a trap which means you pay 62% tax rate on every £ over 100k until £125k where it drops back to 47% for every £ over.
What's the rationale for having the tax rate drop at £125k? (Rather than stay flat or increase.)
It happens in the US with how fed, state taxes interact with social security and Medicare (income capped)
carllerche commented on Rents are soaring. Is RealPage to blame? businessinsider.com/apart... · Posted by u/unclebucknasty
From the article
> Critics say the cooperation between RealPage and apartment managers has emboldened landlords to raise prices even if it means more units are left empty when tenants are forced to leave. Without RealPage, the plaintiffs argue, landlords would be hesitant to jack up rents; instead, they'd focus on keeping their buildings full.
So it sounds like in some point this is depressing utilization of existing stock.
And given that it is (literally) rent-seeking and no one else can build an apartment there that they would rent, it seems like it's exacerbating any supply issues we're experiencing.
The easy solution is to tax vacancy at a rate that makes this strategy not profitable.
I'm yet to see a holistic review of housing. Yes corporate ownership is bad, I think, however the availability of land is also a problem, the cost of building, which is driven by the cost of materials and labour.
Arbitrarily capping one part of the problem I have doubts will help overall, and possibly make the situation worse.
Eg if we block wall Street investment, and could that money go into other areas and increase competition for materials and labour and make it harder and more expensive to build homes?
IMO corporate ownership isn't bad as corporations rent housing to individuals who can't afford mortgages. Let's say corporations are 100% banned from the housing market. 85% of Americans cannot qualify for a mortgage, where would they live?
I’m not sure how this would work practically in the US. A huge constituency of people has most of their finances centered around their home as minimally a value store and maximally a growth investment. Having homes go down in price or even just leveling off would create a whole other host of challenges for a society that’s been organized so completely for so long around home values going up.
Good thing this would have no impact on home values. Hedge funds getting involved is a symptom, not a cause. Hedge funds buy properties *because* home values go up due to limited supply. The only thing that can lower housing prices is a dramatic increase in supply.
carllerche commented on Oregon decriminalized hard drugs – it isn't working wsj.com/us-news/oregon-de... · Posted by u/JumpCrisscross
The war on drugs hasn’t worked either. Having an opioid epidemic in the USA should make that painfully obvious to everyone.
The issue here is that, after M110, there is little the police can do to prevent *public* usage of hard drugs like fentanyl. Drug addicts will be smoking fent in front of a K-5 school and all the police can do is fine them. There is more enforcement of public alcohol consumption than fent / meth.
And it leads to unmaintained libraries, since companies don't want to pay.
At some point, is open sourcing your work a liability?