Is that 11 billion per year? Is that all banks worldwide or is it isolated in some way? Is 11 billion with Hollywood accounting or real earnings? What does movie revenue(?) have to do with bank fees? How does the 30 billion in fees compare to banana revenue?
Having a Banking License is like having your very own digital “money printing machine”: they can’t actually print currency (notes and coins) but since most modern money is only 0s and 1s in computers (specifically, amount values associated with client accounts) they can create money like that - basically credit X money to a client account when they loan money and at the same time debit X money from a special account which needs not have that money - and do it again and again untill they hit the certain reserve criteria.
Yes, at the end of the loan period all this gets (or will have during the life of the loan) unwound - the customer pays the principal of the loan, so the bank debits X money from the client account and credits X money to that special account, so everything is properly back to zeros in accounting terms on that special account - all of which would’ve been as if nothing happenned but … the bank gets interest and keeps.
That’s right, banks get paid interest on money that has never existed, and that interest does have to be created as wealth by the broader Economy, which has massive implications in terms of just how big a share of the wealth produced by the whole Economy banks capture because they can create money out of thin air.
It’s not by chance that in the last 2 decades banks have pushed really hard for people to pay everything by card: as long as the money stays digital banks can make money like this to their heart’s content (limited only by the reserve criteria) without having to procure notes and coins.
It’s also not by chance that in the last 2 decades banks have also pushed really hard for people and companies to become ever more indebted, for the obvious reason that the more money banks create out of thin air as loans the more interest they receive from those loans of made up money.
As for reserve criteria, banks need to have a certain fraction of all the money the loaned out as reserve but last I checked those details (at the time MIFid 3 came out) the so-called “sophisticated banks” with advanced financial modeling tools had the possibility to go as low as 2% - which means 98% of the money they loan is created by them out of thin air.
In practice and if I remember it correctly, around 94% if all money in circulation is created this way.
I actually had more fees when with a credit union. Iirc they wanted $3 to issue a cashier’s check - the bank I was with charged $5 for a cashier’s check… after you had used the free one they allowed each month.
The bank also honored my request to decline charges that would overdraft my account. They don’t charge for declining these charges. The credit union ignored my choice on that and charged overdraft fees without any notification to me that my checking account was negative (I had money that was in a savings account linked to the checking, I had just forgotten to transfer after getting paid). So I think ymmv for the quality of banks and credit unions.
The next thing after DRM will be ARM (Attention Rights Management). The camera will be used to verify that you are paying attention to the ads, otherwise no content for you.
I completely agree. That being said, it could be pretty easily argued that they want to save on server costs or something about model training accuracy on your watch history degrading due to you not deciding what to watch
Not trying to make it sound like it wouldn’t be a really bad thing but it would be pretty easy to circumvent. Just emulate a webcam that only shows a static image of some random dude staring into the camera. That one image of Linus would be perfect for that.
Unless they check to see if the image is moving, which in the basic case would be easy to do. Of course, that can be defeated by substituting the still image with a short loop (presumably edited to eliminate any discontinuities), but that just escalates the arms race. Eventually, using an ad-funded website would involve volunteering one of your GPU cores to run a machine-learning model for authenticating camera video, and that’s just the price, along with accepting tracking cookies and disabling ad blockers.
I was having difficulty understanding my Chinese boss one day, and after the third time I asked in total confusion, “What?” He looked at me and asked, “Why you not understand me, am I no speaking English?” I cracked us both up with my reply of, “No, you’re clearly speaking Chinglish!”
One time I misremembered my Japanese teacher’s mnemonic and wrote that my grandpa was married to noodles.
Teacher told us grandma is sofu because she has a sore foot from kicking grandpa’s ass. I remembered it as sore bum instead, and changed grandma to soba
The meta-analysis revealed a stronger sex drive in men compared to women, with a medium-to-large effect size, g = 0.69, 95% CI [0.58, 0.81]. Men more often think and fantasize about sex, more often experience sexual affect like desire, and more often engage in masturbation than women.
Across many different studies and measures, men have been shown to have more frequent and more intense sexual desires than women, as reflected in spontaneous thoughts about sex, frequency and variety of sexual fantasies, desired frequency of intercourse, desired number of partners, masturbation, liking for various sexual practices, willingness to forego sex, initiating versus refusing sex, making sacrifices for sex, and other measures. No contrary findings (indicating stronger sexual motivation among women) were found. Hence we conclude that the male sex drive is stronger than the female sex drive.
Eh, I find it to be pointless to try and suppress my Instincts in that. Like I automatically put people in a box or assign them some stereotypes and imho that’s fine. But one has to be open on being proven wrong on these things and accept that.
Yeah, there’s a simple reason for this: men have more testosterone than women, and testosterone has been known to heighten the more “animalistic”/cave man characteristics in men.
One of my college roommates took anabolic steroids and he told me once “dude, it’s wild, all I want to do is eat red (meaning rare) meat and fuck!”
Purely speaking from my anecdotal experiences, I have far more instances of getting aroused than my partners, but their sexual preferences are WAY more extreme. Most of the girls I’ve been with have wanted extremely rough sex, which I’m not even remotely into. They’re also way way more voyeuristic than I ever will be, often wanting to share sexy photos online for the entire world to enjoy or showing interest in making online porn. So yeah, I want to bang more often, but they definitely are far more deviant than I am.
It is still a stereotype that “boys only want sex”. Those studies suggest a higher sexual drive on average, not that it applies for all boys, and certainly not that it’s the only thing boys want.
Fun fact: polycystic ovary syndrome can make women produce way too much testosterone. Not a fun thing to have but it can absolutely make you horny as hell.
You become like a wild animal. Every sentient creature with a pulse is evaluated with simple criteria: fuck or kill. Sex drive off the charts, faster recovery, harder erections and just pure animalistic sex.
A shame it’s so fucking expensive or I’d sit on a cruising dose for the rest of my life.
It’s important to note that our sexuality is socially constructed, our desires are not solely based on biology but culture.
“In the Christian medieval world, some theories held that women received far more pleasure from a sexual encounter than men, and had much greater sexual appetite.” en.m.wikipedia.org/…/Medieval_female_sexuality
When Pope Paul III heard that Michelangelo had finished the top part of the wall and was removing scaffolding, he came immediately to see the progress. His reaction was to fall to his knees and pray. The Pope’s Master of Ceremonies, Biagio da Cesena, had also come to view The Last Judgement, and his reaction was to call it disgraceful! Da Cesena thought the multitude of nudes were sacrilegious, and he predicted that the wall would someday be destroyed.
Pope Paul III was astonished and angry, and he said that he’d excommunicate anyone who touched the wall.
Almost immediately, Michelangelo had an assistant stucco the lower right corner of the wall, and he painted da Cesena as Minos, the judge of Hades. Word got back to da Cesena and he demanded another visit, with the Pope in tow. Here, I quote from Irving Stone:
“You see, Holy Father,” cried the Master of Ceremonies, “the report was true. Buonarroti has painted me into the fresco. With some kind of repulsive serpent for my genitalia.”
“It’s a covering,” replied Michelangelo. “I knew you would not want to be portrayed wholly naked.”
Love that most of the world’s governments came together and said “collective punishment is bad, we should make it illegal during times of war” and shit like this can still fly within any first world country.
Well, problem 1 is using indeed. What an obsolete site for most places. But i get the joke.
Not that prospects are much better elsewhere. Like LinkedIn for instance with their “click here for instant apply” and then you see that you’re one of 50 people (today) to apply for this open role and some AI in the background estimated based on your profile that you have 22% chance of getting the job BUT if you pay for premium you can knock that 22% up to 50% and an AI writes you a better profile…
I really do feel sorry for the crap the boomer gen and even my generation (genx) has left every generation after.
Yeah there’s that about the dead ends. Been there as well. My own field now has a lot more gains to be had from networking. Past ones, not so much. Maybe it depends on the nature of the job as well? I’m not sure. I imagine it’s a lot more helpful in sales.
I’m not great at it myself honestly. I could really learn from my spouse. She’s an SME in a niche field and literally every job after the first one, she was recruited by someone in her network. But that’s neither here, nor there.
I got a lot of this advice trying to get into academia. From what I found, knowing someone somewhere is actively detrimental to getting a job. Not only will you not get a job because of your connections, people will avoid giving you a job because hiring from a network speaks ill of the academic rigor of the institution. Whether it’s real or not, the image is maximal meritocracy, and that means the traditional advice from the corporate world is useless.
Also, if you are the “first” in your family for something (first college grad/first grad school grad, etc.), you have a HUGE disadvantage to those who have family members that can give well-informed opinions and advice. This was especially true in law school - students with lawyers in their family did far better during and immediately after law school than those students (like me) who were first to graduate college, let alone first for an advanced degree. And by “far better” I don’t simply mean “daddy got them a great job straight out of law school,” I’m talking about better academic performance, better utilization of available school career resources, better networking skills, you name it.
Dude I got a PhD and tried to get a tenure track job. I’m from a family of dirt farmers and had no advice on how to break into academia. Your words couldn’t be more true.
People who have to work 40 hours a week, plus do their own cooking and cleaning, plus all their own errands, plus taking care of the kids or pets, don’t have time to network.
There’s a reason politics is filled with rich lawyers and finance people, and it because they have the luxury of networking.
People who have to work 40 hours a week, plus do their own cooking and cleaning, plus all their own errands, plus taking care of the kids or pets, don’t have time to network.
No, networking means maintaining healthy relationships with your peers, friends, and coworkers from all your previous jobs and telling people you’re looking for one.
If there’s no luck there, then yes, you suck it up and go to the gutter pile of Indeed, classifieds, and doing work you never wanted to do lol.
Depends on your level and job. Honestly I’m still going to say LinkedIn in most cases, if only because Its the professional social network. Companies can look you up, so you need a good profile to attract those recruiters that pay to find people. It’s a sick game, but at least now there are AI profile services that can help you get ahead.
Indeed is cheap and used by cheap recruiters to get the most applicants directed to some other job board that costs them near nothing to aggregate resumes. You can’t even be sure you’re using the company job site to apply in some cases. At least with LinkedIn you can do the searching for the real job post.
Glassdoor has got to be the worst name for a job site. Evokes the phrase “glass ceiling” which is not something that anyone wants to have at their job.
Yep. Comes down to money and they can’t make big money off you if you hide behind the great LinkedIn pay wall. Look, recruiters like everyone else are trying to milk every penny out of their sale (you). You say “top” but are they exclusive? Are you applying at the company portal? Can you find this job yourself and apply direct? Top recruiters doesn’t mean as much as is used to. Right now you’re one of 30 applicants being submitted by a semi-competent recruiter that uses a tool to evaluate how much your resume fits and how much profit they can make if they bring you in under the salary range.
Indeed is a crap job site used by cheap recruiters. at least with LinkedIn you’re better armed with searching.
I’m pretty sure Tate is one of those men who only tries to sleep with vulnerable women he can manipulate and then postures about how much he gets laid.
There’s a lot of dudes like that. They need to fuck off about that. There’s nothing to brag about when you’re just taking advantage of damaged people and then treating them like garbage after.
edit: can some pls explain the downvotes? i don’t understand them. all i was merely saying was that women do this to men too. i said this because manipulative women do this to men, but because of gender stereotypes, the men then become double victims as their abusers accuse them while others believe them. there’s definitely a silenced population of abused men in fear if retaliation.
Just because some women do doesn’t mean you should mirror it, even more so when you are a public figure whose responsibility is to be a role model to others.
Is it just me getting unreasonably irritated when the artist captions the things they’re depicting, as if we’re either too dumb to understand or they suck at making subtle references?
It’s a political comics thing that has its roots in England around 250 300 years ago. The comic is meant simultaneously to be funny (and therefore disarming) and legitimate political propaganda. To ensure that the political propaganda message is not lost on the masses they label everything to make sure their message most clearly gets across.
For example, see this political cartoon from 1903. https://commons.m.wikimedia.org/wiki/File:Panama_canal_cartooon_1903.jpg
I find it utterly hilarious that the cited purpose is clarity, but the referenced comic required explanation. Bravo.
Also thanks for the explanation because I wasn’t getting it, either. Makes sense, though. Give it a few hundred years and English might be so different the labels wouldn’t have mattered at all, let alone missing context.
Good for you! Totally and completely irrelevant to my point.
The comic already required explanation … while it had text on it. Nothing you say, do, or believe will EVER change the fact that the comic required explanation about as soon as it was posted.
Grow up and realize you are not the main character. Your beliefs or knowledge do not change reality.
The Solidarity movement, started in 1980 as a series of labor strikes, formed into a large trade union and then a political movement demanding workers’ rights, actual worker control over means of production, and similar socialist policies. It finally forced and won a public election in 1989 (on the very same day of the Tiananmen square crackdown) which in turn led to the end of communist (and Russian) rule in Poland.
When oliver Anthony sings that he’s an old world man struggling to live in a new world, all I think about is how strong the old world fought to unionize the work force. I didn’t even know about it until this year. The 1900s labour movement was intense and interesing. Especially reading about it from the future which helps put a lot of current politics into perspective.
lemmy.world
Top