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Comment Re:I used to block ads (Score 1) 978

You seem incredibly naive. If something costs more than its benefit, nobody will pay for it to exist. Someone is going to need to make a buck to lay fiber, keep switches and routers running, and make repairs. There's not much in the world that is free. As for ads in other places, in general, you're right, ignoring roadside billboards which, because of property taxes, are debatable.

Comment Re:I don't understand... (Score 2) 470

A lot of loans are indexed to LIBOR or the Fed Funds rate. Fed Funds rate is what interest the Fed demands be paid to lend money to banks. LIBOR is what interest rates banks in London say they will charge other banks to borrow money. It's a system that shouldn't even exist, since it is literally a daily survey. Each bank gives their answer, none are discarded as outliers, and the figures are averaged. I'm surprised it took so long to manipulate LIBOR to be honest.

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