tula

Joined 9 years ago

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Nov 18

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Dick Proenneke is one of the more well-known ones. He built his cabin all on his own, filming the whole process, as well as his life there. He lived in his cabin for thirty years.

https://www.nps.gov/lacl/learn/historyculture/proennekes-cab...

Comment · 4 years ago

No, LIBOR is your borrowing cost, the rate at which you'd be able to borrow (ie the rate that others would offer to you to lend you money).

LIBID is the rate at which you'd be willing to borrow. So the difference between the two is like bid vs ask.

Comment · 8 years ago

Every browser on iOS has to use WebKit as Apple won’t allow any other rendering engine (they say it’s for security reasons but I doubt this is the main motivation)

Comment · 9 years ago

You wouldn’t be able to type this comment on your computer (and neither would I) were it not for financial markets to organize funding for the company that produces your device. Or you might not have gotten a mortgage to buy your home.

Financial markets serve a hugely important social function of allocating capital (intermediating between people who have money and those who need money).