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Joined 2 years ago
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Cake day: June 21st, 2023

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  • Here’s a nice quote from The Communist Manifesto:

    What are the common wages of labour, depends everywhere upon the contract usually made between those two parties, whose interests are by no means the same. The workmen desire to get as much, the masters to give as little as possible. The former are disposed to combine in order to raise, the latter in order to lower the wages of labour.

    It is not, however, difficult to foresee which of the two parties must, upon all ordinary occasions, have the advantage in the dispute, and force the other into a compliance with their terms. The masters, being fewer in number, can combine much more easily; and the law, besides, authorizes, or at least does not prohibit their combinations, while it prohibits those of the workmen…

    We rarely hear, it has been said, of the combinations of masters, though frequently of those of workmen. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labour above their actual rate… Masters, too, sometimes enter into particular combinations to sink the wages of labour even below this rate. These are always conducted with the utmost silence and secrecy, till the moment of execution, and when the workmen yield, as they sometimes do, without resistance, though severely felt by them, they are never heard of by other people…

    A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.

    Ah shit, never mind. This was from Adam Smith’s The Wealth of Nations





  • That’s the only reason I bought a modern car.

    My parents would always buy cheap beaters. They had a car from the 90s they only recently got rid of because the transmission was shot. My first car was an '05 Caravan I drove for almost two years and got rid of in 2018.

    I swallowed the pill after seeing cars get absolutely crushed to the point where the jaws of life were necessary yet passengers could just walk out.

    I remember someone posted a picture of their brand new sedan. It was involved in a serious accident and sandwiched between two large pickup trucks. The entire car was squished down until it was smaller than the passenger compartment. The driver was able to walk away with minor injuries and the paramedics weren’t even surprised.

    I don’t give a shit about the fancy features. I just want something that is reliable and safe.





  • OpnSense would be the easiest way if you wanted to go. It’s still not easy, but the articles online should help you out.

    First you’d need a machine. I’ve got an m920q I bought off eBay for $135 after shipping.

    The computer will likely only have one Ethernet port. And it’s likely the port is Realtek which isn’t supported well.

    So, you’ll need to get yourself a NIC (a fancy term for a network card). There are good forum posts and articles online about the best NICs to buy for your needs. Intel is a must. However, you can find many of their NICs online labeled as another brand - usually HP, Lenovo, or Dell. Again, the forum posts will tell you what to look for.

    If you bought the same computer I mentioned above, you’ll also need a riser and a bezel. Amazon and eBay will have a good selection.

    Now assemble it. Flash the computer with OpnSense. Don’t plug it in as your router yet. Follow along with some basic setup guides online to figure out how you want it configured.

    Once you’re happy, plug it in as your router and test that it works. If not, you’ll need to put your old router back in place until you can figure out what you need to change.




  • droans@lemmy.worldtoMemes@lemmy.mlGold for house
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    2 years ago

    I’m seeing $412K as the average price of a home in 2023, not $495K. And gold was $2,135 in 2023. The price in gold is still higher in 2023, though about 193 bars for a home.

    Couple other notes, more related to the post.

    1920 is an oddly good year to use. It’s just after WWI. Industrialization and modernization are taking off across the US. Worker’s rights are beginning to take hold and working class people are now able to afford homes. It’s before the Roaring 20s, so you’re not going to get the actual details obscured with the market rush and subsequent depression.

    There is a couple important downsides though…

    Firstly, mortgages didn’t really exist back then. I mean, they did, but they were horrific. You’d have to go to an insurance company because banks wouldn’t offer them. The terms would give the insurance company full ownership of the property. If you were lucky, it would be a balloon loan - pay only the interest during the 5-10 year term and then pay the entire balance at the end. If you were less lucky, it was a lifelong contract where you only paid the interest plus fees every month.

    There was an alternative but most people didn’t have access to it: membership in a Savings and Loan corporation, also known as Building and Loan or thrifts. You’d join as a member and agree to buy X shares every month. If you give a notice (30-90 days usually), you would be allowed to cash out the shares plus interest earned for their actual value. When you wanted to buy a home, you would be allowed to use your shares as collateral. Each monthly payment would pay for the interest and a certain number of shares. Once you had enough shares, you would redeem them to pay off the loan. A bit complicated, but S&Ls were fantastic for the common person. They were owned by the members of your community and all loans went to support said community.

    Secondly, kind of related to the first point, there were no 30 year mortgages. Home prices are virtually tied to the monthly payment and a thirty year mortgage allows for lower monthly payments. Prices might get out of line a bit, such as right now, if people believe that interest rates will drop and they can refinance later. Personally, I don’t think we’ll see any drops for at least two years and, even then, we won’t see anything like the 2020-2021 rates unless we experience an economic catastrophe like 2008. You want higher rates when the macro environment is strong and lower rates when it’s weak. Cheap debt in a good economy is basically a handout to the rich - makes you wonder why Trump pushed the Fed to keep them low back in 2018-2019…