FuckyWucky [none/use name]

Pro-stealing art without attribution

  • 145 Posts
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Joined 2 年前
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Cake day: 2023年3月21日

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  • So stupid, if you wake up freezing set the AC at 23-24C, it’ll keep the room cool ‘enough’. Also, most ACs now are very efficient and don’t just turn off and on but have many levels.

    We’ve discussed the effects keeping your AC has on sleep, but the constant running could also make the unit cold to the point where it breaks. It will reduce the pressure in the evaporator or coiling coil component inside the unit until it freezes over. The freezing could cause the compressor to become damaged and result in your AC no longer working.

    No, ACs have sensors to prevent that. The compressor trips. Also, in a warm environment, the inside unit coil will not freeze, if it does, something else is wrong with the AC.





  • How about banning large corps from issuing shares abroad? Britain is too financialized. There is no need to pump more people’s money into shares.

    In her Mansion House speech to City leaders, Rachel Reeves is expected to consider cutting tax breaks for people parking their savings in cash ISAs, in a bid to encourage more investment in stocks and shares.

    People parking their savings in stocks doesn’t increase investments in real sector. In long run without a Government sector, increases in private profits comes from private investment financed by bank loans created from nothing (inside money).

    That applies to new equity (shares) as well, the money to buy newly issued shares (IPO) must come from retained earnings (which come from previous investments or govt deficit and is limited in amount), or bank money creation (which is constrained by bank’s willingness to lend).

    Funny how the land of Keynesian economics is now implementing the most braindead monetarist economic policies. Acting as if shuffling numbers around does anything.

    Edit: I believe the hope is that this will inflate the prices of shares, which can then be used as collateral to get loans for cheap from private banks. But then that money is unlikely to be used for real investment instead just speculation.