IGuessThisIsMyName

joined 1 year ago
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Life as a composer in c/[email protected]
[–] [email protected] 3 points 7 months ago

Time for a bit of a tinkle on the ivory

Okay, but Mötley is a pretty awesome name. in c/[email protected]
[–] [email protected] 13 points 7 months ago (4 children)

All a bit rich coming from someone named 'Henny '

8
Default sorting (lemmy.world)
 

Is there a way to set a default sort in sync? I perfect Top> X hours but the app always defaults back to Active.

Should I quit engineering? in c/[email protected]
[–] [email protected] 22 points 8 months ago (1 children)

Some people are passionate about their jobs and some people just do it as a means to an end. There is nothing wrong with being in the later group and I say that as someone with ~20 years in the software space and never opens an ide at home.

I've always thought the best way to kill a hobby was to turn it into a job. I won't speak to if you should or shouldn't change roles, there are a huge amount of factors to consider there, I'll just say that not everyone who is successful in development is a guru, ninja, in it for the love, kind of person.

Majority of Britons support rejoining the EU single market - poll in c/[email protected]
[–] [email protected] 15 points 11 months ago (1 children)

Brease-can-we-come-back?

This Southern California solar farm is using retired EV batteries for storing the power and then send to the grid when needed. This way the retired batteries can extend their usefulness for several... in c/[email protected]
[–] [email protected] 12 points 11 months ago

I thought I read that this was a plan Tesla had to repurpose the car batteries into power walls for home consumers. Not sure that ever ended up happening but great to see the retired car batteries given a second life

Anon solves global warming once and for all in c/[email protected]
[–] [email protected] 45 points 1 year ago (2 children)

#Futuramadidit

OCR and interest rate question in c/[email protected]
[–] [email protected] 2 points 1 year ago (1 children)

They would still need to be able to service that debt though right? It's the same thing stopping people taking on additional debt ATM.

7
OCR and interest rate question (lemmy.world)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
7 comments fedilink
 

This is probably a stupid question but... So I understand how the government uses the OCR to increase interest rates and drive inflation down by reducing the borrowing in an economy. What I've been thinking about recently though is could there be a mechanism whereby instead of the interest rate increase being solely at the cost of the borrower (rate increases > you pay more interest on the same total borrowing > total cost of borrowing over time increases) that some 'minimum principal' payment rate was increased instead.

So the idea being that if the OCR was 0.25 in 2020 and is 5.5 now, could that 5.25% increase (and thereby the decrease in overall borrowing) have been achieved through a minimum principal pay down rate instead. Borrowers are still paying more and therefore borrowing less, just that the banks and reserve bank don't have a greater take and new Zealanders end up with less total borrowing.

Push For A 4-Day Work Week Picks Up Steam — And Critics in c/[email protected]
[–] [email protected] 1 points 1 year ago

I did it for 4 years while my son was very young. I loved it and would return to it if not for school hours. 6am to 4pm worked really well and having 3 days off meant some great family time.

My wife did a 4 day week too and we offset our days so that our son only needed 3 days in daycare during the week.