Septimaeus @ Septimaeus @infosec.pub

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Compound interest when charged by lenders

Today “compound interest” usually relates to reinvested dividends and amortized growth/appreciation of investments (e.g., stocks, bonds) simply because non-predatory loans are designed for payoff within some fixed term. So if the term “compound interest” applies, something unexpected is happening (e.g., default) and the loan will be bundled and sold at a discount to collections.

Not far enough back to make a difference I’d wager

I’ll take that wager! 5k daily, ignoring inflation and leap-years, compounding annually (not quarterly) at 10% annualized ROI, gives us the standard annuity formula

1.1 * 5000 * 365 (1.1ⁿ-1) / 0.1

where n is the number of years, which

… in 100 years becomes ~278 billion (e11)

… in 200 years becomes ~3.8 million billion (e15)

… in 300 years becomes ~53 billion billion (e19)

… in 400 years becomes ~721 thousand billion billion (e23)

… in 533 years becomes ~231 billion billion billion (e29)

If that sounds incredible to you, you’re not alone. It’s the result of a hyperbolic growth curve that starts slow but keeps accelerating indefinitely, and 533 years is a very long time in market terms, so you easily reach the silly-numbers range.

Edit: the numbers before were napkin computation. I edited this to use the standard annuity formula which should be more accurate. Point should be the same though. Exponential growth is crazy.

Same. Different entities for different concerns keeps each siloed WRT finance and liability. But that should have no bearing on what I believe is true.

::: spoiler TLDR: Thomas Jefferson asked us to “crush” them. Better late than never.

Corporate entities in the USA are out of control and absolutely must be reigned in at every level of government. Their overreach is not a new problem. Thomas Jefferson said it had already begun in a letter from 1816:

I hope we shall take warning from the example [of the lawless English aristocracy] and crush in it’s birth the aristocracy of our monied corporations (emphasis mine) which dare already to challenge our government to a trial of strength, and to bid defiance to the laws of their country.

Spoiler, we didn’t. We just let them bribe legislators to change the laws so they no longer even had to defy them. And of course a few of the largest corporations recently purchased the republic outright for a relatively paltry sum, as if it were a startup acquisition.

It’s obvious to anyone who owns corporations that they make nearly everything easier. So much about the economy and government has been hugely optimized for them, while the real flesh-and-blood citizenry experience greater friction year over year.

:::

Edit: TLDR because no one reads walls of text

You might want to try a sub like !dankchristianmemes@lemmy.blahaj.zone for those.

Content that’s only relatable to people familiar with specific religious subcultures already starts off on the back foot traction-wise. Christian stuff, in particular, is so heavily encumbered by the past and present crimes of Christians that you really can’t refer to it neutrally and expect a positive response.

Fair. Having the option of sound is nice but if you’re blocking cookies and other local storage the only way an app can save a default mute preference is URL parameter, so I use StopTheMadness for stuff like that.

I thought we agreed to use alt frontend redirects for backward compatibility with old stuff. YT links don’t bother me. I don’t even mind the tiktok style videos.

It’s the rich data harvesting apparatus surrounding the technology that I instinctively want to drown in a bathtub.

Not sure how long I’ve had this tool but several years at least. Nothing fancy, just toggles keyboard input temporarily so you can clean. Works for power key.

https://folivora.ai/keyboardcleantool

Yes, that’s a more correct use of “prisoners dilemma:” a choice to either cooperate or defect. Origin below, for the curious.

The dilemma

Two prisoners are interrogated in separate rooms. Each is asked to snitch in exchange for a reduced sentence.

Because they’re separated, the prisoners can’t coordinate, but each knows the other is offered the same deal and the interrogator will only offer bargains that increase their combined years of imprisonment.

For example, “house wins” if snitch gets -2 years and snitchee gets +3 years, since interrogator would net +1 year from the deal.

So what will each prisoner do?

The result

Of course, the best outcome overall is for neither to snitch, and the worst is for both to snitch.

The Nobel-Prize-winning observation was that any prisoner faced with this dilemma (once) will always net a lesser sentence if they snitch than if they don’t, no matter what the other decides.

In other words, two perfect players of this game will always arrive at the worst result (assuming they only expect to play once). This principle came to be known as the Nash equilibrium.

Applications

The result above sounds bleak because it is, but real-world analogs of this game are rarely one-offs and thus entail trust, mutuality, etc.

For example, if the prisoners expect to play this game an indeterminate number of times, the strategy above nearly always loses (the optimal strategy, in case you’re wondering, is called “tit-for-tat” and entails simply doing whatever your opponent did last round).

The study of such logic problems and the strategies to solve them is called game theory.

Edit: fixed typo, added headings and links

Thank you!

Donald — He asks that you now call him that — thanks you for your continued service, for the outstandingly explicit misogyny, ageism, chauvinism, victim blaming, eugenicist contempt, uncontrollable seething hatred and mommy issues you have now publicly expressed in your rampage against His victims.

It’s people like you doing the greatest work to shape social discourse in His Image, to sow hatred and discord, to further galvanize His voter base, and to fracture that of His enemies who trusted you.

He wishes to convey that your thirst for the blood of your weakest countrymen, your betrayal of democratic values and esprit de corps, and your abandonment of any sense of justice or morality in service of His Vision has not gone unnoticed. Even He finds it delightfully grotesque.

We all expect great things from your campaign of terror against the working class. Keep up the good work.

NO FUCKING WORKING CLASS PERSON IS GIVING $5000 TO ANY POLITICAL CAMPAIGN

Dude 5k is absolutely within reach of many working class retirees, especially widows. They do give that much and more. But that’s not the point.

Those old widows aren’t working, and probably never did.

Working class has never meant currently working, or even formerly working. But that’s not the point.

Now they just sit around taking up space, driving up house prices

Is this a “useless eater” argument? A person’s ability is not what gives them the right to not be murdered. But even that is not the point.

Selling out their children’s future to the next dipshit conman that comes along.

Is this defending generational wealth inheritance? Because that’s part of how we got here. At least be consistent. But that is not the point.

People who have 5k to piss away aren’t working for that money

Again many working class retirees have some combination of retirement savings, pension, SSI, SSDI, insurance and LTC vehicles, etc, that can put 5k of liquid assets within reach, even if it costs them dearly. But that’s not the point.

You start from the top down until you get the changes you want.

Only for the true global elite would top-down be a sound strategy, and again the elites won’t be on your list because they give differently. And it’s only sound because it associates wealth itself with risk, directly counteracting their incentive for further oppression/profit. But that’s not the point.

The point: if you murder people for the way they vote, or even threaten to do so, you become a fascist yourself.

This isn’t how we win. Get your ass into therapy before hate consumes you.

Oh that was just for other readers. Of course you and I know it’s from the German teurer bescheuerter Irrtum.

Edit: adjective case agreement

Definitely feel that. It sounds a bit like narcissistic personality disorder but not entirely, and I’m not sure that would explain how they gravitate toward one other. None of the ones I knew had children but I remember thinking the Silicon Valley pronatalists must overlap strongly.

There’s just a fundamental self-centeredness evident throughout their behavior and beliefs. It could be errant notions cultivated with early socialization, or socially maladaptive neurodivergence, or simply a series of self-serving misinterpretations of scientific consensus that eventually becomes a worldview. The end result is a self-styled “power couple” who essentially have no friends because they never learned what that means.

TBI = severe bump to noggin