throwaway_USD

9 ms·

31.
by throwaway_USD 6y ago
This is the most sane thing anyone can say. At some point there is going to be a critical mass of people not paying their mortgage, not paying rent, not paying loans, not paying credit cards...and simply no money and unemployment. I think t
32.
by throwaway_USD 6y ago
>If people don’t understand that a middleman adds cost as an adult, then that is an education issue. I think the point is that middlemen are now using deceptive business practice to obscure the fact they are involved and in many ways can
33.
by throwaway_USD 6y ago
>Loans always have delayed payment terms, you're being willfully obtuse And how often do they have forgiveness terms?
34.
by throwaway_USD 6y ago
>It is not true that entire loan is forgiven if the payroll percent is met. Where did I say that?
35.
by throwaway_USD 6y ago
>the economy started tanking because people stopped going out and spending money. People continued spending money...mortgage/rent; car loans/insurance; food; etc... >giving people money wouldnt fix this. PPP didn't fix
36.
by throwaway_USD 6y ago
>I don't know anyone who's had even a single dollar forgiven yet. This is what I meant by political couching: Do you know any one who has paid back a single dollar? >These are loans. Fine care to loan me $1M and I'll p
37.
by throwaway_USD 6y ago
>The idea that it's one giant money suck for businesses with no immediate return to the economy is not really accurate - it's not a zero-sum game. No one argues $600B wouldn't help the economy. Can you point to where I sa
38.
by throwaway_USD 6y ago
>Most of them will owe ~20% of the loan back to their lender since they had minimal other expenses. That was my entire point is that the loans were designed to forgive a minimum of 75% of the loan, but it is 100% forgiven if they limited
39.
by throwaway_USD 6y ago
>"what about the nail salon who has 14 employees and took 5-10M?!?!". If true that is an obvious case of fraud and you are making my point, the only time a loan will be repaid is if the money was spent on things other than payr
40.
by throwaway_USD 6y ago
>So it kind of irks me to see some people frame this like a large percentage of these loans will be paid back. I constantly see this..."its not free money, its a loan, and the money will be paid back with interest, just like in 2008
41.
by throwaway_USD 6y ago
>These are loans. They are two year low interest loans. They have to be paid back unless some or all is forgiven. This is a highly politicized way to frame PPP loans. Its more like: "These loans are forgiven, unless you scammed th
42.
by throwaway_USD 6y ago
>The economic shock was caused in part by a government-imposed shutdown of economic activity in response to a pandemic. No, the economic shock was caused by businesses being over leveraged and not having cash reserves. I keep hearing ho
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by throwaway_USD 6y ago
>Do you not believe that people can stand on a public street corner and express their ideas freely, where many people will likely see and hear them? The Government can restrict you on the street corner too. Take Covid, states/count
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by throwaway_USD 6y ago
>While I agree, please direct me to where I can speak "in the public domain" online. Same place as with pre-online TV and radio I suppose. Free speech doesn't guarantee you an audience at the time and place of your choosin
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by throwaway_USD 6y ago
>Do grocery baggers and bar tenders benefit from an economic depression? People need groceries even during a depression. Its often said alcohol is recession proof, in fact alcohol sales seem to thrive even during a pandemic. I'll t
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by throwaway_USD 6y ago
>Sorry, I don't really understand why this is a problem. The alternative would be laying those people off and paying them via unemployment anyways, right? The idea was to keep people tied to their employers If the alternative was la
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by throwaway_USD 6y ago
The 2 largest numbers on their balance sheet are: Reserve Bank credit: 7,009,664 Securities held outright[1]: 6,115,130 [1] Includes securities lent to dealers under the overnight securities lending facility (when people talk about JPow m
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by throwaway_USD 6y ago
>Forgiveness of PPP loans is contingent on keeping staff on payroll and salary levels constant. So it's very much targeted at helping main street. Helps main street? Businesses just got free money from taxpayers. Sure for the forg
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by throwaway_USD 6y ago
>Everyone I know would choose their entire retirement fund over a one time check of $18,000 I am assuming you don't know a single person in the 40% that don't have $400 saved up for emergencies. >it does feel like we got les
50.
by throwaway_USD 6y ago
Fine if you want to add the amount for subsidizing the Unemployment Insurance from the CARES Act the numbers again: $4T to the FED to prop up the stock market $700B in forgivable loans to small businesses (PPP program) $300B in taxpayer sti
51.
by throwaway_USD 6y ago
>They're in the form of low-interest loans, they aren't just handing out money to corporations. This is false as related to the PPP loans ($700B program, to put that in perspective during the 2008 financial crisis law makers pa
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by throwaway_USD 6y ago
>But, it just highlighted how many people are working and not earning a living wage in the first place. Exactly, we allegedly had the best economy the world has ever seen, record high stock prices/markets, and lowest rate of unemplo
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by throwaway_USD 6y ago
From the time Congress passed the $6.2T Bill that gave $4T to the FED to prop up the stock market, $700B in PPP loans; and and estimated $300B to the people ($1,200) stimulus checks, it should have put things in perspective. Ideally the sto
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by throwaway_USD 6y ago
I see, AirBnB properties are being converted into traditional rental units increasing supply. If true, then this may suggest there is very good reason to have regulations on short terms rentals, like AirBnB, which have increased rent around
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by throwaway_USD 6y ago
No, removing rental properties from the market to do short term rentals lowers the supply of rental properties, so AirBnB actually has the effect of raising rental prices. Nevertheless, my understanding is AirBnB and the short term rental
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by throwaway_USD 6y ago
Rent is falling across the country...Do you believe unemployment skyrocketing to somewhere between 20-40 million people across the Country preceding the rent price crash is coincidence? Do you have an alternative hypothesis why rent across
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by throwaway_USD 6y ago
Its not that I haven't seen white or purple carrots, rather learning they were bred to be orange for royalty.
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by throwaway_USD 6y ago
If you want to claim a copyright, then good luck with the in the private market, but if you want that big, fat juicy government contract (i.e. taxpayer dollars) there should be concessions.
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by throwaway_USD 6y ago
Here is an article depicting a couple other fruits and vegetables pre/post domestication. https://www.sciencealert.com/fruits-vegetables-before-domest... My favorite was learning the carrots weren't originally ora
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by throwaway_USD 6y ago
>I don't really get reddit's efforts to clean their site. You don't get why a online forum might have an interest in ensuring every other post isn't a dick pic? If you can understand that, maybe you don't, then y

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