The Picard ManeuverWho wouldn't want to finance warm cardboard?
diprount_tomato
EochaidIf you need to finance a pizza over 6 weeks, you were never going to do the other two things either.
ShardikprimeHarsh but fair. An average pizza combo would be about 15 bucks.
Having an unhealthy diet and eating 3 daily for a month would be about 1300 USD monthly, about 16k a year.
The median mortgage payment is about 1600 USD and you’d need to save about 2500 USD monthly for a year for an average down payment for a house, of about 30k. In total 4k monthly give or take. Add 4k for col and you have 8k monthly for expenses with no weird shit happening to you, yet
So in order to not be affected by these pizzamania scenario, you’d have to earn and 80k annual salary and be able to save more than half of it monthly.
That’s all assuming you have no weird medical emergencies, which you won’t have.
At least until the diarrea hits
It won’t let you finance under$50 I checked it out. So I imagine this may be for parties but then I’d just buy a bunch of Little Sleazers and call it a day.
theneverfoxI’d just make it myself. You could make it yourself with better ingredients for the price of cheap pizza, or you could slice up veggies and put it on a frozen pizza if you’re not great at cooking
Not a lot cheaper, but so, so much better
Oh you’re absolutely right. Even the cheap pizza dough kit is better. Making tomato sauce is crazy ready too.
𞋴𝛂𝛋𝛆“You will own nothing and you will be happy about it.” -1100 c.e. The Feudal System
Feudal peasants actually got a decent amount of time off, because the landlords understood that they had to keep the masses happy. Medieval peasants had an average of like four months of vacation time a year. Basically, the ruling class knew that the only thing stopping the peasants from marching up to the castle with pitchforks was the peasants’ own sense of civility.
Now dopamine hits are used
ZoboomafooAnd by “vacation”, you mean “Time spent working not to pay taxes”
Large if verifiable
My gut says medieval peasants had to use that time on chores. Where can I read about how medieval peasants had like, a good time? And that they weren’t unhappy enough to kill their Lords?
As if advertisement wasn’t already the most insidious part of everyday life, now they’re also laughing at us and the capitalist hellscape they’ve put us in.
Not really capitalism if they got the government’s economic and political support against competitors. I’d really call it Neomercantilism more than anything
...............thats literally what capitalism always does. manipulate the government for economic and political support. Thats like capitalism 101.
Source: your left ball
Source: United States vs FEC
TF is that?
You’ve got a search engine
I’ve got some, and none of them drop good results
They meant Citizens United v. FEC, a supreme court case that allowed much more election advertising.
That’s Capitalism at work, lol
My previous comment to someone who answered the same thing applies here too
So you’re one of those delusional “not real Capitalism” people? Real Capitalism hasn’t been tried yet, amiright?
No, this shit comes from capitalism, which got corrupted by unnecessary government intervention
The government should make the rules, not play the game
Capitalism itself is corrupt, lol. Any class-based system will be.
Again, source: your left(ist) ball
Do you think systems built upon class hierarchy are resistant to corruption?
Jo MiranMy wife and I were talking about this earlier. Boomers who managed to save cash were able to put that money into fixed income assets at incredibly high interest rates during the eighties. A 5 year CD in 1984 paid 12%, at renewal in 1989 it was, 9%, then 6.5% at the next renewal in 1994. In 1999 rates started their race to the bottom but stocks skyrocketed. So if you amassed cash in the eighties and nineties through fixed income, you had a great position to capitalize on the dot com boom, buy cheap during its crash, buy cheap real estate after the 2008 financial crash, capitalize on the market rebound, etc. All mostly for free because of timing.
All easy decisions, in hindsight. In reality quite a few missed out completely on all of those or lost significantly. It’s all just some sort of gambling in a casino. I’m sure in hindsight it will be clear which opportunities you missed out on in your time. The big difference is being able to save to start off with, because wages were relatively a lot higher for simple jobs than they are now.
Yeah. People could also get rich now on crypto, but that’s easy to say in hindsight, it was all a gamble, and just as many people lost a whole lot.
That’s why I started by highlighting the fixed income stuff like five year CDs. I remember my mother and grandmother putting their money in those and bonds and how well it served them into retirement. Those weren’t hindsight. Back then, working families put their money in savings. Sure there were Wall Street cocaine yuppies making insane money but, at least in my household, that was just the stuff of movies.
I’m not fully fighting with you. I just think both aspects made a difference. Higher wages and a feasible way to save your money without having to partake in the casino was key. I look at millennials and boomers and I see none of that. Low wages, higher cost, and the only way to save for retirement is by betting everything you’ve got on a system that’s heavily rigged against you as a retail investor. As Gen-X at least we had the chance to make our own wealth by creating an entire new industry. My metaphorical younger siblings and my children? Not so much. /Rant
covid crash happened only a few years ago and looking back it was the opportunity of a lifetime. Of course at the time there was a very real possibility that society was collapsing and there wouldn’t be a stock market in a year or so.
everything’s easy in hindsight
I Bonds were paying over 9% if purchased recently. I grabbed 10k of them for myself and my partner for the electronic bond limit.
Buying just a simple shares in cheap fee index tracking FTEs like for the SP500 would have netted you ~40% in less than 3 years.
The vehicles for wealth building not only still generate significant returns, they do so when interest rates were incredibly low by historical standards. Since you mention “just timing”, it is silly to ignore that with “just timing” recent events you could have as a millennial bought a house or refinanced one at 2.5%, gotten into other assets on loans when the prime rate hit zero, and then benefited off of a meteoric rise by simply putting assets into simple low cost investments.
The stock market by comparison in the boom of the dot com era would give you about the same sp500 growth in 3 years as I just outlines in “just timing it”, around 40% from 1997 to late 1999.
Markets are easy to look back at historically and define ease of success. The picture you painted shows an unfair representation of that ease as well as indicating the same gains in the same time with even better interest rates were available to all of us recently.
I grabbed 10k of them for myself and my partner
Casually dropping 20k isn’t in 95% of people’s ability.
Never said it was.
It is not randomly generating it. It’s moving it around from other places, but even then I agree it’s not available to many.
As with most disruptive world events, it benefited those with wealth that was not already tied up in living. If you were a millennial with a house down payment and a 6 month safety net in cash when Covid hit, you had opportunity to grow your assets by close to if not more than 100% in 3 years. If you didn’t, you watched as the world burned and you took job losses as well as draining money you had to pay rent.
The data though, shows an interesting thing. The amount of free cash available to Americans in accounts as cash went up starkly. Double digit percentage rise in free available assets kind of starkly. So much so it is only now returning to previous Covid levels. The vast majority of checking account cash is tied up in middle income households. So anecdotally I would agree that the last 3 years were a real rectal widening experience that arrived unlubed, but the data at a macro level shows people have more cash on hand and had it during the breadth of the pandemic, than they did before it.
All this to say, there should be an increase in bond buying availability for the majority of potential investors with a bank account, not less. I work on the financial sector so take that bias with the grain of salt it should merit.
driving_croonerWhat’s the interest charged? If they’re charging 0% of interest then it could be a good decision if you have an account that pay interest over thar time. Obviously, it also assumed that ypu were already going to buy a pizza anyway.
6 weeks of interest at 0.25%apr compounded daily on a ten dollar pizza is 0.34 cents, or 0.0034 dollars. Might not be worth it, but ymmv.
My APR is 4.26 at Discover, Ally, and Sofi… that’s like 17x the pennies!
If you’re catering some huge event (…with pizza, apparently), it would absolutely make sense.
Business owners be like:
Default_DefectWell, how else are you going to raise morale after you fire half of the company after a year of record profit?
ExtremeDullardYou know your life has gone to shit when you have to finance a pizza.
But most importantly, whichever corporate honchos thought preying on the ultra-poor was a decent thing to do and authorized this scheme should know they’re worthless human beings.
Probably related to the high prices of delivery services. Maybe people wouldn’t think about financing a pizza if the cost wasn’t tripled by delivery.
I don’t use any delivery service, and I can drive 5 minutes over to Little Caesar’s and get a pizza for about $6, or I can go to Pizza Hut and pick up a better pizza for about $10. But I hear that other people pay vastly higher prices for their unhealthy fast food when they use delivery services.
Most pizza places offer free delivery. Don’t use fucking Uber Eats to order a pizza.
uh, you should check your receipt. at least in my area, no pizza is delivered for free. it’s always cheaper to go pick it up.
InEnduringGrowStrong“Free delivery, with a 15% discount if you pick it up” is a common way to phrase they charge for delivery that plenty of people gloss over.
Domino’s barely even puts sauce on the fucking pizza anymore. Fuck the economy.
Don’t fuck it… That will bring a worse bastard to live.
BlackmistCostco pizza is the best. I just wish they had more variety.
Also I wish I could just order on my phone and then pick up when I’m done shopping, rather than having to queue for 15 minutes to order and then wait another 15 while they cook it.
What? We call in a whole pizza order all the time. You can do that.
Not at mine. You used to be able to, but stopped it.
Someone is friends with the manager and is lazy at yours then.
Costco pizza is the best.
Man, idk what kind of pizza options you have in your area, but it’s obvious that none of them are good.
Costco pizza is fire. If you dab some grease off and try to ignore the feeling of your arteries actively clogging, it’s pretty damn good
Oh I can get better, but not that much for that price.
Da_BoomTrue, it’s mostly cheese here in Australia.
x4740NBorn to early to experience a capitalist free post scarcity solarpunk utopia
assuming it ever will exist