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Joined 1 year ago
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Cake day: July 13th, 2023

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  • That’s just not true, at all.

    Car insurance is mandatory if you have a car in the us and health insurance is mandatory in many states in the US.

    Many landlords require renters insurance, and banks require homeowners insurance.

    In my state workers comp insurance is mandatory if you have more than three employees.

    Banks are required to have fdic insurance. I’m sure there are many more examples, but that is just off the top of my head.



  • But they do need special maintenance, compared to Teflon pans or ceramic pans, they are the most finicky and hard to work with.

    There are a lot of things people have done for centuries. Being old doesn’t make something superior.

    The problem with the people who prostletyze cast iron, is they usually assume that everyone cooks like them, but the reality is that cast iron is generally a pain in the ass. I mean just the fact that you need to cover the entire pan in oil Every time you put it away should be enough of an indicator.








  • Money hasn’t been printed, but for the bookkeeping, 3 individuals who have contributed a total of 200 dollars, have in their accounts 380 dollars.

    When a bank loans your money out, as we are well aware, they don’t change the account in your balance. In order to do that, the dollar being loaned must be duplicated somehow. This is normal to how fractional banking works, and guidelines and requirements for how much specific money you need to maintain doesn’t change that.

    The only way to change it is to switch to full reserve banking.

    If a bank is able to loan out your money, without also removing it from your account, it is by nature created, the money is in two places at once.


  • Takumidesh@lemmy.worldtomemes@lemmy.worldA totally normal thing
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    25 days ago

    This is how banks work.

    You deposit 100 and I deposit 100, bank is required to keep 10 percent in cash (for example) that allows for 180 in loanable cash.

    The bank loans out 180 dollars, now you have 100, I have 100 and someone else has 180, that money has been ‘created’ out of thin air.

    The banks count on the fact that that me and you won’t both withdraw all of our money at once.

    When banks finish the day, they actually check and see if they are within all of the margin limits that are required and do overnight loans from other banks to stay legal.

    Look up fractional reserved banking.






  • For real open source projects, it’s a lot of the time not nerds working for free.

    All your favorite frameworks and libraries are often developed in house at big companies (angular, react, vue, tensorflow, Kafka, pytorch, k8s, Jenkins, and many many more).

    And even then, much of the development on them is done by people who are getting paid to use the frameworks at smaller companies.

    There are tons of examples the other way too of course, but even the Linux kernel is mostly corporate commits, Google, Huawei, Oracle, and others.

    This isn’t inherently bad, but it’s not as cut and dry as people make it out to be.

    I want to add, that language development is also often done by companies. Today for example is a Mozilla thing, and while a non profit, the devs aren’t working for free.



  • Takumidesh@lemmy.worldtoFunny@sh.itjust.worksI'm not fucking around.
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    2 months ago

    Trash disposal isn’t free, yea the dog poop is probably a negligent amount, but most people have to explicitly pay for trash disposal, and so filling up other people’s trash cans can either cause an additional financial burden on them, or mean that they can’t effectively dispose of all of their trash.

    It looks like in your case, each unit gets a can assigned to it, and service fees and replacements cost the individual directly, additionally, there are fines for trash violations, so having other people put unknown trash in your bins can result in a direct financial burden. I think it’s pretty reasonable to be relatively protective over your trash bin if you are the one that has to pay for service, replacements, and fees.