Yes and no: The bank wants 2% as interests, but inflation is 3%

--> The Bank effectively loses money

Isn't that only true for fixed-rate mortgages? At least around here, almost all are variable-rate, so they rise with inflation.

I think banks only really lose money on defaults, and that's if the house lost value.

The bank only has to have a very small percentage of the money they loan you. Most of it is created at the time of the loan.

Exactly, the bank is not hurt from money devaluating when they don't have to do anything for it but create a dept in their books. Sure, what you will pay them will be less in 20 years but it more than the nothing they had before...

The few bad/worse developers are then 10% and would have to be really bad

Is that unbelievable?

The property (the house) is "inflation free/resistant":

Money is subject to inflation, because houses (and other goods) rise in price / money is watered down.

So: You may have no gain, but your savings are protected from dropping 5 to 9 percent each year, if "you have it invested in real estate".

Sounds good to me.

Well I may be wrong but you will be true only if I can't sell it at a price significantly higher than inflation.

I do not not see that happening because price correction have already started if you are an individual seller.

For politically connected developers, game is different.

... which is "okay", since you can only access it (the admin web console) from within your wlan/lan (and not the internet) and ofc you can/should change it during setup

Most people (esp non-HNers) don't, they just let Comcast set it up. To make matters worse, they set the SSID to my last name, and the password was my address. Maybe that's one-off, but if standard, seems problematic.

I can confirm that two different ISPs have done this with my initial WiFi setup over the last few years. AT&T made it the initials of everyone staying in that house with the password set to their 800 number for service calls. Time Warner made it one person's first name and the password was his cell number.

On the other hand, a Midcontinent Communications (aka Midco) tech told me the password I wanted to use wasn't secure enough and brainstormed with me for a couple minutes on good SSIDs and passwords while he showed me the web admin interface on my laptop. I was very pleased with his visit and called the local office afterwards to pass along kudos!

I haven't seen a telecom-provided wireless setup in forever that didn't have the default password be fairly long and random, printed on a sticker on the back of the router.

Seems fairly secure to me.

When I had AT&T it was definitely a more secure setup.

The parent posts here are talking about the admin interface to the router, not the wireless password. While it's technically true that anyone within range can connect, they can't authenticate without the wireless password, and so cannot access the admin interface.

It's the people that make up a country

And the country itself

Yeah, make the poor pay more

That's the solution!

They depend on government handouts or other donations and making them pay more will solve the problem now

How can so many people have and believe (and force upon others) such a twisted narrative?

Ofc "Bio-Deutsche" are very well-behaved and engage in typical Street-Crimes like you see in typical countries (e.g. Brasil) much less

You just go to work 1 day and you have 200€ more, no need to steal

How can so many people run around with such distorted narratives and force them down the throats of other people??

> If we spread out all the worldwide social welfare resources among all the people

We need to do this, everything else is nationalism

Unf. I don't think your calculations sum up

And yes: It's called "costs of living" and you ignore it (to be higher in the west") and then you blame them (for your own wishful ignorance)

Where do you live?

Wow, that's like 100% scripted to please the target audience

I have some bad news for you about television.

Most of the political "comedy" shows are like this. If you are not 100% brainwashed with their political agenda, they are painful to watch.

yeah. The Daily Show has got a pretty standard formula. I read an article about how they, and their spin off shows like John Oliver, basically use the same script pattern for most of their shows in order to hypnotize their audience.

Hold on, I'm going to try to find the article.

edit: well, the only source I can find after a quick search is this post on an anonymous message board, but it covers the main points pretty well: http://img.4plebs.org/boards/pol/image/1479/14/1479145599055...

a more detailed discussion is here: http://archive.4plebs.org/pol/thread/98690960/

"The SJW is the odious little Eichmann with his jackboots up on a fair trade coffee table..."

Really??? That's rich coming from /pol

omg: https://news.ycombinator.com/threads?id=TerryADavis

He says things and expresses himself in a way, which is in strong violation with social norms and hacker news guidelines. How could that be?

Wow his posts read like a markov bot using racist screeds and religious texts as corpii.

Poe's law and all but sure reminds me of being manic and my word salad speeches. Hope the guy is OK.