1
im_out 1 point ago +1 / -0

FedLoan transferred a ton of loans to AidVantage so check there if you havent

5
im_out 5 points ago +5 / -0

We pay a fixed rate on each bond sold. Unfortunately, the US is issuing a lot of debt with the recent passage of the debt limit so the interest on it is pretty significant. Based on this article, the debt servicing is just under a trillion per year. That includes interest and repayment of bonds coming to maturity.

https://theconversation.com/debt-ceiling-impasse-fed-rate-hikes-are-already-forcing-us-to-spend-record-amounts-on-interest-payments-and-its-going-to-keep-getting-worse-198280

1
im_out 1 point ago +1 / -0

Well I definitely wouldn’t put it past Twitter to attempt to screw anyone right of Bernie but I’m not sure Loomer is correct that she’s being demonetized. At least not with the info we have now

2
im_out 2 points ago +2 / -0

unfortunately, their audience really isn't on twitter. This could also explain her not getting ad revenue

1
im_out 1 point ago +1 / -0

It's new-ish and very low CPM so you have to drum up a lot of interactions to net much of anything. I guess that Loomer wants attention in general and/or may not get enough interactions to get paid. I'm guessing there's a much more benign reason for this but the world is crazy so who knows

1
im_out 1 point ago +1 / -0

Disney spends just as much on marketing as the budget. So you could double the cost.

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im_out 5 points ago +5 / -0

So inflation has only gone down because of the spread change in currency value. As the US has risen interest rates, the dollar got stronger and import became cheaper on the spread between the dollar and the exporting county. The dollar has recently weakened considerably so all those “gains” will be given up. Inflation never actually went down because we never stopped printing money

1
im_out 1 point ago +1 / -0

Moody is a credit rating agency. For better or worse, investment and borrowing ability depend on the credit rating your company gets. For banks this is can effect their ability to borrow from the fed/overnight loans and decrease investor confidence which can hurt stock price and reduce a companies options in case they choose to increase share count to raise capital

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im_out 3 points ago +3 / -0

You could hold you cash in a higher yielding account. You lose a 1% to the treasury but get instant liquidity. But ya if you don’t need the money a 5% treasury bill is pretty good

3
im_out 3 points ago +3 / -0

That would logically follow if the banks are taking deposits and buying short term treasuries. If you going to downgrade the issuer then you would also downgrade the holder.

1
im_out 1 point ago +1 / -0

Most of the woke stuff is from public companies (ie Disney)

14
im_out 14 points ago +15 / -1

We sure this isn’t just a “who’s line is it anyway” joke?

2
im_out 2 points ago +2 / -0

401k and pensions are very different. 401k is only sponsored by a company for an employee and, aside from company matching, there is no financial commitment by the company itself. Frequently pensions are ultimately backed by the company and drive the company bankrupt with outstanding obligations to former employees

2
im_out 2 points ago +2 / -0

Public frequently means government entities. A public company just means the ownership can be bought and sold on exchanges. They still operate as a private entity.

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im_out 4 points ago +4 / -0

If you pay cash, you still pay the mark up though so if you can pay off your card every month then you come out ahead with a card

2
im_out 2 points ago +2 / -0

Lol so there are two options here:

  1. The military is so dumb they're publicly telling Russia the war strategy. Also, if this is the best we got, so Russia now knows that if they can stand this, they can continue this war indefinitely.
  2. This is a lie to make up for the fact that they've been losing the war and they're basically trying to fake that they really haven't been trying this whole time. Go to any local basketball park and watch a cocky kid get smoked and you'll see this same excuse.
1
im_out 1 point ago +1 / -0

I mean in reality black people overwhelmingly commit those crimes soooo sure it can be racist as the assertion is that black have no innate ability to stop themselves from committing those crimes which... statistically and IQ wise seems to be the case

1
im_out 1 point ago +1 / -0

This is correct, still, I'm not too fond of anything going down this road. In a weird way, banks and credit card processors definitely do not want the fed hurting their business, so many big players stand in the way of CBDC fully coming to reality.

2
im_out 2 points ago +2 / -0

Wow that actually puts into simple words a lot of perceived hypocrisy I see coming from them

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im_out 9 points ago +9 / -0

Just like having someone push the elevator button for them on the sabbath

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