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Joined 1 year ago
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Cake day: June 12th, 2023

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  • That definition is literally describing a change, as rate of change.

    Inflation is a loss of purchasing power

    Over the past year, we haven’t experienced a loss of purchasing power. We have a lack of purchasing power, but we lost it over the 2-3 years prior to the last year.

    a rise in prices for goods and services over time

    This is pretty much the mathematical definition of a rate of change. Like how speed is the rate of change in position over time. After a day of traveling, your position (prices for goods) may be way different than your starting point, but if you’re not currently moving, your speed (inflation) is NIL.













  • It’s not a hardware compatibility problem for you or people who have reasonably new computers. However, for the last decade or so, computers have kind of stagnated and old computers are still very functional, something I couldn’t have said a decade or two ago.

    I’m typing this on a ThinkPad x201 which was released in 2010. TBF, I’ve updated it as much as I can (8GB of RAM and an SSD), it’s running Linux Mint because Windows drags, and even then it’s getting tired.

    My Spouse’s laptop is an Acer with a 5th gen i3. A couple years ago, she was complaining it was getting a bit slow, so I threw an SSD in it and now she’s happy with how it runs Windows 10, and I’m sure it would run Windows 11 fine if a TPM2.0 chip wasn’t required.

    It’s forced obsolesces for a hardware requirement most home users are never going to use.