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Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨RmDebArc_5@piefed.zip⁩ to ⁨[deleted]⁩

https://piefedimages.s3.eu-central-003.backblazeb2.com/posts/Ob/JZ/ObJZsbO3V1Tuu0B.webp

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Comments

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  • rumba@lemmy.zip ⁨12⁩ ⁨minutes⁩ ago

    It now costs $1 to own more than a billion dollars in assets for one millisecond. We’re talking total value here assets, property.

    Bezos would be down to a billion in just over 2 days.

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  • buttnugget@lemmy.world ⁨19⁩ ⁨minutes⁩ ago

    That’s not a good or service. Fucking low bar for humor, holy shit.

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  • RizzRustbolt@lemmy.world ⁨3⁩ ⁨hours⁩ ago

    1$ footlongs.

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  • Gradually_Adjusting@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Henceforth, $1 shall cost $1. Inflation solved.

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    • Remember_the_tooth@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Sarcasm acknowledged. If it were possible, what do you think the world would look like if inflation were 0% for a few decades? I hope this is a fun conversation. If not, I’ll settle for another joke, amusing anecdote or icy silence with a judgmental stare.

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      • yermaw@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        if inflation were 0% for a few decades

        “You obviously know nothing of how the real world works.”

        Was going to type a whole bullshit essay with random made up stats and facts to make your idle question look malicious and uninformed, but I just cant be arsed. Can we just pretend I was a cunt for mild chuckles?

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      • Gradually_Adjusting@lemmy.world ⁨1⁩ ⁨day⁩ ago

        I’d enjoy the topic at a less busy time of life. I’m being kept tired, distracted, and poor lately as a systematic form of oppressive totalitarian rule - and that’s just from my kid!

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      • dream_weasel@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        The world economies slow down probably.

        At negative inflation there is no incentive to spend your money because is becomes increasingly valuable the longer you hold it. With high inflation, there’s incentive to spend because the longer you keep your money in the mattress the less it’s worth to you.

        At zero it just is, but that’s less than the usual goal of a couple percent of inflation year over year.

        Or maybe I’m full of shit idk.

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      • Eq0@literature.cafe ⁨1⁩ ⁨day⁩ ago

        The assumed reason for inflation, as I understand it, is that on one hand things devalue over time and on the other we build our system around infinite growth and rewarding innovation (many asterisks here…)

        During the Middle Ages, neither statements were considered true, the world was considered stagnant and there was virtually no inflation. That was before the banking system - so with 0% inflation i would expect the banks to collapse…

        And then… I don’t know! Stuff is hard and economics harder…

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      • BagOfHeavyStones@piefed.social ⁨1⁩ ⁨day⁩ ago

        Most cryptos are deflationary. That seems to cause hoarding.

        Having no inflation sounds good to me if paired with no growth in population, but I know little about economics.

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      • TeddE@lemmy.world ⁨1⁩ ⁨day⁩ ago

        🥶

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      • explodicle@sh.itjust.works ⁨22⁩ ⁨hours⁩ ago

        Time preferences would be lengthened due to lower interest rates. People would save instead of taking on more debt. It would be harder to get a loan, but your real interest rate would be lower.

        Instead of deliberately encouraging consumption, everyone would buy less stuff. This would be terrible for “the economy” (rich people) but great for people who live in the environment.

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      • Eq0@literature.cafe ⁨1⁩ ⁨day⁩ ago

        Judgemental stare

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    • GlendatheGayWitch@lemmy.world ⁨18⁩ ⁨hours⁩ ago

      The genie just made 1 US Dollar equal to 1 Australian dollar. One problem solved, another created.

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    • MacNCheezus@lemmy.today ⁨12⁩ ⁨hours⁩ ago

      A dollar always costs one dollar. What changes is the price of goods.

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      • Gradually_Adjusting@lemmy.world ⁨12⁩ ⁨hours⁩ ago

        Don’t make me tap the sign

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    • icelimit@lemmy.ml ⁨1⁩ ⁨day⁩ ago

      Shrinkflation

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  • mushroomman_toad@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

    $2 now costs $1

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    • MystikIncarnate@lemmy.ca ⁨15⁩ ⁨hours⁩ ago

      Congrats, everything has doubled in price overnight.

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  • LordWiggle@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Rent.

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    • Una@europe.pub ⁨1⁩ ⁨day⁩ ago

      Make cents

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      • Remember_the_tooth@lemmy.world ⁨1⁩ ⁨day⁩ ago

        Nice. Here, have a penny for your thoughts.

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    • Olhonestjim@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Fuck rent. Home ownership. And 2 homes max.

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      • LordWiggle@lemmy.world ⁨1⁩ ⁨day⁩ ago

        Wait. It’s possible to actually own a house? I thought only boomers were allowed to.

        And 2 homes max.

        Why would you need 2 houses?

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    • defaultusername@lemmy.dbzer0.com ⁨1⁩ ⁨day⁩ ago

      I’ll go a step further and say residential property.

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    • Gladaed@feddit.org ⁨1⁩ ⁨day⁩ ago

      Ok, you get a maximum of 1 sqr feet for that and no paying for a bigger flat.

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      • LordWiggle@lemmy.world ⁨1⁩ ⁨day⁩ ago

        Feet? I’m not Tarantino

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      • Remember_the_tooth@lemmy.world ⁨1⁩ ⁨day⁩ ago

        This is a huge win for tiny contortionists.

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    • RaivoKulli@sopuli.xyz ⁨1⁩ ⁨day⁩ ago

      RIP rentable apartments

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    • Remember_the_tooth@lemmy.world ⁨1⁩ ⁨day⁩ ago

      If only residential rents really were capped at $1, what do you think would happen? In this scenario, I’m assuming it’s limited to one per household. That is, a family or individual can’t rent multiples at $1, just the one.

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      • dream_weasel@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        The rental market immediately dries up as everyone with the ability to move into a rental place does so. Owners of apartments and rental houses immediately divest at the earliest possible time since properties are no longer lucrative. In the meantime, they fail to put any effort into the pretense of basic upkeep except whatever makes their rentals sellable.

        The market becomes immediately saturated with previous rental properties now available for individual sale and high supply lowers cost dramatically. The idea of sunk costs makes owners unlikely to sell at rock bottom prices so apartment complexes and the like go out of business, evict everyone and sell their copper from their air conditioners to modestly recuperate the last few months of expenses (water, electricity, leading office staff, etc) and burn them down for insurance money. Single family homes are donated for the use of younger relatives until the market recuperates enough to sell.

        It’s a wild ride for about $24 worth of months for all renters, then, ultimately, the price of housing comes down but renting is no longer a “thing”. Some renters can now afford to buy their own houses (Yahoo!) but without changing the pay structure of society, the most vulnerable of wage workers are now homeless (Crap).

        Or something, idk.

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    • psx_crab@lemmy.zip ⁨1⁩ ⁨day⁩ ago

      Per square feet?

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      • LordWiggle@lemmy.world ⁨1⁩ ⁨day⁩ ago

        My feet have a normal foot form, not square. That seems impractical.

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  • ICastFist@programming.dev ⁨1⁩ ⁨day⁩ ago

    It now costs $1 to buy the everything that a billionaire owns

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    • REDACTED@infosec.pub ⁨1⁩ ⁨day⁩ ago

      US government for 1 dollar? Count me in

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      • Agent641@lemmy.world ⁨16⁩ ⁨hours⁩ ago

        No thanks it’s gone rotten

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      • umbraroze@slrpnk.net ⁨1⁩ ⁨day⁩ ago

        Some poor sod at the US government: “Hold on! HOLD ON! We’re getting hundreds of payments a minute. We need some time to verify all of the new vote orders. It’s very complicated. All votes will happen in due time!”

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    • moopet@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      I’d buy that for a dollar.

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  • Kolanaki@pawb.social ⁨21⁩ ⁨hours⁩ ago

    Raising a child.

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    • FooBarrington@lemmy.world ⁨2⁩ ⁨hours⁩ ago

      1 dollar children, I like that

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    • echodot@feddit.uk ⁨15⁩ ⁨hours⁩ ago

      How is this hypothetical child being raised? Are we talking Capri sun here or Tropicana. Do they get an iPad?

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      • communist@lemmy.frozeninferno.xyz ⁨13⁩ ⁨hours⁩ ago

        Ipad is 2 dollars.

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  • humorlessrepost@lemmy.world ⁨23⁩ ⁨hours⁩ ago

    Self actualization

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    • echodot@feddit.uk ⁨15⁩ ⁨hours⁩ ago

      How does that work if I’ve still got a dead-end job though?

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      • plyth@feddit.org ⁨3⁩ ⁨hours⁩ ago

        Smile more

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  • Genius@lemmy.zip ⁨1⁩ ⁨day⁩ ago

    Star Trek matter replicator (batteries included)

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    • this@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      Hell yes infinite beans!

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      • WoodScientist@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        500 cigarettes.

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  • AceFuzzLord@lemmy.zip ⁨19⁩ ⁨hours⁩ ago

    The cost of all stuffed animals at a thrift shop.

    Then I could easily work on increasing the amount of rescues I will have. It’s currently 1.5 rescue to 4 others ( purchased at a store, gift shop, gift, etcetera ).

    My goal to someday have more rescues than store bought would be a little easier.

    Oh yeah, and kids would have an easier time accessing them because $1 stuffed animals are a lot easier to convince a parent to buy than a $5.99 stuffed animal. But I don’t like kids, so they were an afterthought!

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  • voodooattack@lemmy.world ⁨1⁩ ⁨day⁩ ago

    My smile. Time to make the world a better place.

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  • Olhonestjim@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Housing.

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    • oplkill@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Which means house holders will buy it more

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      • Olhonestjim@lemmy.world ⁨1⁩ ⁨day⁩ ago

        Legal limit of 2 per household. Illegal for corporations to own housing of any kind. Immediate sell-off mandatory.

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  • TheBat@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Bitcoin.

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    • phdepressed@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      That could actually make it a viable currency. Unless you mean the entirety of all bitcoin in which case lol.

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      • TriflingToad@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        if the US dollar crashes then Bitcoin would do the same, with that drawback why not just use the dollar? (I know nothing about crypto)

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      • dalekcaan@feddit.nl ⁨18⁩ ⁨hours⁩ ago

        I think there are cryptos that fix their value to the dollar

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    • explodicle@sh.itjust.works ⁨21⁩ ⁨hours⁩ ago

      The USD is now backed by bitcoin and you spend small fractions of a dollar.

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  • DeathByBigSad@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Image

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  • BarHocker@discuss.tchncs.de ⁨1⁩ ⁨day⁩ ago

    Asking a price for something costs 1€ of every 0,50€ now.

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    • Remember_the_tooth@lemmy.world ⁨1⁩ ⁨day⁩ ago

      I didn’t understand this. Could I have an example?

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      • BarHocker@discuss.tchncs.de ⁨16⁩ ⁨hours⁩ ago

        You want to sell an apple for 3€. That is 6 × 50 ct. For every 50 ct you ask in price you have to pay 1€. Therefore if you ask a price of 3€ for an apple you have to pay 6 × 1€ = 6€.

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  • daggermoon@lemmy.world ⁨1⁩ ⁨day⁩ ago

    2 bedroom apartment

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    • YexingTudou@lemmy.ml ⁨1⁩ ⁨day⁩ ago

      Unfortunately a three bedroom still costs $2000, I don’t understand it either

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  • Object@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    To whom does the money go?

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    • RmDebArc_5@piefed.zip ⁨1⁩ ⁨day⁩ ago

      To me of course

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    • spankmonkey@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Free Parking so that the game can drag out indefinitely.

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  • Birch@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Currently it costs direct air capture startup “Climeworks” about 1200 usd to remove one metric ton of CO2 from the atmosphere, the average human directly emits about 0.8 kg of CO2 a day (just through breathing).

    Thus, breathing costs 1 USD a day to offset using “Direct Air Capture”.

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    • x0x7@lemmy.world ⁨1⁩ ⁨day⁩ ago

      It said price, not cost. Now no one will solve climate change because the price is beneath cost.

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  • Nangijala@feddit.dk ⁨1⁩ ⁨day⁩ ago

    My rent

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    • DragonTypeWyvern@midwest.social ⁨21⁩ ⁨hours⁩ ago

      Bro you could have said mortgage

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      • MystikIncarnate@lemmy.ca ⁨15⁩ ⁨hours⁩ ago

        I would have just gone with housing.

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      • Nangijala@feddit.dk ⁨21⁩ ⁨hours⁩ ago

        Ngl, the thought of ever getting to own my own home is still so far out of my reach that I just don’t think about it as a possibility most of the time.

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  • lime@feddit.nu ⁨1⁩ ⁨day⁩ ago

    the economy

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    • untorquer@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Was about to say some index fund or smth.

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