@wheelreinvent@Llib7 I wouldn’t say it’s due to helmet laws. I would say it’s due to the hostility from other road users. I don’t ride because I don’t want to be killed by someone using their emotional support vehicle as a battering ram so they can save 30 seconds.
@Shirl83949594@P_bogan@devalara44 17.5% inflation would be catastrophic, home loan rates would look like credit card interest, but on 100’s of thousands of dollars. You’ve mixed up inflation with interest rates.
@MadsMelbourne@ScottAtkins7 Ok? That doesn’t change the fact that the dollars you borrowed change value in the future, that’s why you pay back a different dollar value.
@MadsMelbourne@ScottAtkins7 No they changed what it was measured against to be the lower of CPI or the cash rate at any one time. You are simply paying back the same value, 100 borrowed in 2010 is worth 148 now. Same value paid back.
There is interest applied to homeloans a different product.
@ScottAtkins7@MadsMelbourne It’s fair because you’re paying back the value that you owe. What would be unfair is to borrow $100 and then pay back $100 10 years later when you can buy fewer things with it.
IMO education should be free but that’s not the world we live in.