News for hackers. Stuff that matters.

aslgbb

Re:True Rate of Unemployment on Wednesday September 02, 2026 @05:09AM (#49533738)
Maybe social forces as well. I don't have the same 'local trust networks' that my parents did for finding someone nearby to do something--probably because I spend most of my time online. And I had more confidence in what I found in the paper Yellow Pages that got delivered to my door than I do in what is presented in an online search, say, for local contractors.
Just have the Fed take it. They've already printed enough money to buy $2.4T in 'mortgage-backed securities', what's a few more $T on the pile?

https://fred.stlouisfed.org/series/WSHOMCB

There are only two measures of money: No money and not enough money. (Steinbeck)
Most private schools are heavily discounted from their advertised price--currently well beyond 50% discount on average (see below)--so don't focus too much on sticker price. The old wisdom among the college marketers was 'high prices [i.e., tuition sticker prices] send a signal of quality in the market' and that worked for quite a while. ('Ha! I got a great education and a great discount!') The Forbes article might suggest that's not the case any more.

https://www.nacubo.org/Press-Releases/2023/Tuition-Discount-...

Re:"No inventions; no innovations" A History of US Steel on Friday December 29, 2023 @05:41PM (#38811087)
Ticker symbol is "X". I wonder who gets that when US Steel is no longer traded . . .