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A comment on Ethereum will use around 99.95% less energy post merge. Parent comment

Re:Ethereum will use around 99.95% less energy post merge by perl4ever on Tuesday May 18, 2021 @11:20PM (#27204149)
I don't know if you are American, but it's common here to have 30 year fixed rate mortgages. I gather that's rare most other places. So I'm supposing a typical scenario where a person borrowed or refinanced recently to lock in very low inflation expectations.

That said, there are variable rate loans, but last year some lenders were actually offering such loans at a noticeable discount to prime (albeit with a floor that is above prime for now).

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Re:Ethereum will use around 99.95% less energy post merge by a1369209993 on Wednesday May 19, 2021 @12:30AM (#27204600)
> 30 year fixed rate mortgages.

That helps a little, but relies on lenders underestimating future inflation. If they can predict X% inflation, they can price that into the initial fixed rate. So it's useful for making damages due to usury less variable - which is helpful for the same reasons insurance is helpful - but it doesn't usefully reduce them.

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Re:Ethereum will use around 99.95% less energy post merge by perl4ever on Wednesday May 19, 2021 @07:43PM (#27215816)
>If they can predict X% inflation, they can price that into the initial fixed rate

Yes, hypothetically, but they aren't, yet.

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