sandalbucket

u/sandalbucket@lemmy.world
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idk man. I have two pairs of walmart shorts. They were maybe $5 each. I’ve worn them for every race, training session, sauna session, summer jog, winter trails, whatever, for the last year / 1k miles. I have no complaints, idk what nicer shorts could possibly offer.

on Anon gets corrected · c/greentext · 2 pts · 1y

“Would ya’ll like a soda?” Vs. “Would all ya’ll like a soda?” - one of these means everyone shares one soda, the other means each person gets their own - but I don’t know which is which :O

on Modern Monetary Theory · c/leftymemes · 21 pts · 1y

It’s called “Fractional Reserve Banking”. The bank only needs to have about 10% of a loan on hand.

If a bank has $100, they can write a loan for $1,000; effectively putting $900 more into circulation. When that is spent, it gets deposited into a bank, which can then loan it out amplified again.

This could create infinite money, as I understand it. Since there is not infinite money, there must be a gap in my understanding somewhere.

Well that sounds downright pleasant.

I would very much enjoy to be asked such a question, provide such an answer, and receive such a beverage.