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Showing posts with the label debasement

Sure and JT: toilets and non-static "static ip addresses"

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Sure and JT are the incumbent telecoms companies around here.  Sure is the local one and runs the physical infrastructure.  JT is from Jersey, has a bit of their own fibre in business areas, but generally run their services over Sure's infrastructure.  (There's also vodafone, who quoted me 50 GBP(2023) / month extra for a static ip address, and misled me with a leaflet about mobile topup bundles, but I'm not sure they count.  For those reading from the future, 50 GBP / month is more like the total charge for a half-decent internet connection, and the going rate for a static ip address surcharge might be more like 5 GBP / month). A neighbour alerted me to a surprise toilet appearing on my property, pictured above. I don't know if this is just from living in Switzerland, but to me the notion of putting up a portaloo on someone's private property without permission is nuts.  It's also surprising because my rate for this is 10,000 GBP(2023) per day or part day (plus...

Royal Mail 1st class stamps as currency and store of value

The cost of postage tracks debasement ("inflation") pretty well.  This is one of the ways you knew they were lying to you during the "low inflation" era.  When they said it was 1%, stamps were "going up" by 6% (actually, the currency was going down by this amount, being debased). The Royal Mail has a nice system where a 1st class stamp is a first class stamp, and is marked as such, instead of being marked with its monetary value.  A practical effect is that one can stock up on stamps in advance, and not have to stock up on tiny-value delta stamps when the price as denominated in the debasing fiat increases.  Nothing screams "I live in an extremely backwards country" like a row of stamps on the envelope, one for 1.xx fiats, the next for 0.04 fiats, the next for 0.07 fiats, or whatever the increases were.  This doesn't happen when a first-class stamp is just a first-class stamp. As an "investment", entering a period of high debasement...