The bank’s economists noted that because the figures were for an average household. Some would pay less but those with significant debt could end up paying notably more.

Alright guys, here’s my game plan.

Start drinking.

Really, build that daily habit until you’re spending at least $70 per week on alcohol.

Then just stop drinking next year.

Problem solved!

  • @DaveMA
    4•7 months ago

    Khan academy has an economics course that covers this well. It’s videos are pretty poor resolution though, I’m pretty sure it was one of the original ones when Mr Khan was just making his own website with his own videos.

    • @liv
      3•7 months ago

      I love the story of that website.

      • @DaveMA
        4•7 months ago

        There’s a TED Talk here where he talks about it.

        He also talks about working with a small number of schools for tailored maths lessons and much more efficient use of teacher time. It’s from 2011, I wonder what happened. Did the schools outperform other schools? Did it ever branch out wider, or become common in schools? Or did it turn out the model wasn’t too successful.

        School classroms have boxes of iPads like we had boxes of calculators as a kid, and Khan Academy is free, so I wonder why I haven’t heard of it being used these days?

        • @liv
          2•7 months ago

          I think I used to see people recommending it on reddit

          like we had boxes of calculators as a kid

          You did? That would have come in handy.

          • @DaveMA
            2•7 months ago

            I distinctly remember a class set of grey calculators. Like a box of 30. I’m not sure if we had a box in each class or the box moved around to the class using them, I just remember them appearing on some days. In general we weren’t allowed to use them for maths but on occasion they would bring them out and we’d do… something, I can’t actually remember. They weren’t scientific ones, just plain ±*/ ones. This would have been primary school in the 90s.