LOL. That was a fun story. Reminds me of that one time a friend of mine claimed with 100% confidence that physical money would be gone within a few years. Then again, he isn’t exactly mentally stable so that could explain a lot.
Hamartiogonic
joined 1 year ago
Ok, so you were talking about inflation between 2% and whatever the limit of hyperinflation is. I guess you could call it “high inflation” then.
My guess is that MS will figure out a different approach. Maybe the enterprise versions are behind a subscription while the consumer version stays the way it currently is. They could also take the Apple approach. Offer a little bit of something for free (like iCloud) and charge if you want more of it. There could also be specific features that are not available if you don’t pay (like Apple Music). MS could offer a certain part of consumer windows for free, and charge for some other part, like advanced settings.
This stuff is absolutely golden! I have some friends like that too, so a lot of that sounded somewhat familiar.
Don’t know about America, but in Europe labor unions are an integral part of the society. This way, employees don’t need to negotiate the wages, salaries, maternity leave, vacations and other details. The unions have much more leverage in the negotiations, because they can always threaten the employer with a strike. As different industries go through their negotiations, you’ll end up hearing about strikes every year. Some times it’s pilots, some times it’s nurses, lorry drivers or whatever. Every year there’s something like this going on when the two parties are unable to find common ground.
Why would the unions ever disappear? I just don’t get it.
They must have taken the wrong turn at Proxima Centauri. It’s easy to confuse these things.
Me too. It appears that those conspiracy theorists were wrong.
Thanks! This data confirms my personal observations.
Also known as hyperinflation. Famous examples would be Germany in 1921 and Zimbabwe in 2007. Those events did have many serious consequences, but they weren’t quite as apocalyptic as the doom and gloom conspiracy theories tend to suggest.
Well they got one thing right: There are scooters blocking the sidewalk. The numbers of wheels was a bit off though.
Can confirm that thing about Finland. Physical currency has been eliminated almost entirely. Or well… at least the need for physical currency is pretty much gone at the moment, but some people still use it.
When it comes to buying and selling stuff between individuals, It’s not uncommon to find a person who won’t accept mobile payments, but wants paper instead. All the stores obviously accept paper and metal, but more and more people pay with a card or a phone. There are some excetional stores that only accept electronic payments, but that’s limited to small companies that can’t be bothered to deal with coins. All the medium and large stores have the means to accept both physical and electronic payments.
I can’t exactly remember when that prediction was supposed to come true, but I think it was something like 2010 or something like that. Seeing how slowly these things actually change, I would guess it’s going to take like 50 years untill all payments are fully electronic and physical currency is fully eliminated. Could take longer. Who knows.