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Joined 1 year ago
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Cake day: June 22nd, 2023

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  • It applies more. If you borrow $1000 and by the time you pay it back (including interest) you’ve paid $1500, but that would have had the buying power of $2000 today, you’ve made a pretty good deal. If you do that with a trillion dollars, you’ve made a great deal.

    National Debt is a weird metric. For the US, the biggest foreign owners are Japan having ~4% and China having ~5% of the debt. The huge majority of the debt is within the US, either to individuals, businesses, or the government itself.















  • So you just didn’t read the article?

    One person hired a metal detector to hunt down the wedding ring they lost when camping in Sussex and found it within 20 minutes. Another rented a planer at £11 a day to fix two doors in her flat

    A handheld pressure washer is £12 a day, while garden shears are £3.50

    Renting is the “subscription” you’re complaining about. You’re right that rent-to-own is a scam at best, but unlike most digital subscriptions you’re using the thing to do something. Like with all rentals there’s a break even line where you would’ve been better buying the thing if you use it often/long enough. But the service existing is not itself a bad thing.