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Cake day: August 26th, 2023

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  • Every subsidy that goes to a person basically is a roundabout way to fund an industry. Even tax write offs are. Like a mortgage interest rate deduction just helps banks and the real estate industry, not the people buying a house. The write off pushes housing prices up, since the banks can give out slightly higher mortgages to borrowers and the market adjusts to the bigger inflow of cash and supply doesn’t increase faster. If the write off didn’t exist people could borrow less but houses would cost less as well. This basically happened in my country the Netherlands. Nobody benefited from the introduction of the mortgage interest deduction except the banks and people who already owned a home when the policy was introduced.


  • SkunkWorkz@lemmy.worldtoMicroblog Memes@lemmy.worldNormal amount
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    4 days ago

    Remember when you were ten and went to a friend’s place who had a Commodore 64 and they just got a new game on a floppy from his uncle’s friend. And the game was just an animation of a pixelated naked cartoon lady who took a piss on to the ground. And you’d laugh your ass off for the rest of the day. Remember? No?





  • They can definitely replace the monarch. Remember it’s a constitutional monarchy where the monarch has only ceremonial power. The throne has been given to the current royal family by the people. The people can take the crown away if they want to. Parliament just needs to amend the constitution. Also the monarch can be encouraged to step down if they are embroiled in a scandal.

    Also monarchs are just humans their heads can be chopped off like any of us. They should never forget what happened to their cousin during the French Revolution.








  • Insurance isn’t the same as savings though. Insurance is just a bet. The insurance company basically says “Give me $5000 this year and I will cover your health care costs if you ever accrue any this year otherwise I keep the money.” The insurance company just bets that most of their clients won’t put in any claims.

    Not to mention most people can never save enough money to cover the cost of a massive healthcare bill if they get into an accident or get cancer.







  • But energy density is still an issue for cars. The hydrogen needs to be compressed down to a liquid for a car to have a decent range. But compressing hydrogen costs energy. Plus the fact that making hydrogen costs more energy than the produced hydrogen can give back. You might as well use that energy to charge a battery EV instead and waste less energy.

    Hydrogen for industrial use makes sense for personal vehicles not so much.