$100 bills are the most common bill in circulation, even ahead of $1 bills.
One reason for this is $100 bills have a longer lifespan than smaller denominations, due to people using $100 bills less often for transactions. Some businesses may also decline $100 bills as payment.
Based on 2018 estimates from the Federal Reserve, a $100 bill has a lifespan of over 20 years, which is significantly higher than $1 bills (7 years) and $5 bills (5 years).
Moore’s Law is not a law of nature, but an observation of a long-term trend in how technology is changing: the number of transistors on computer chips doubles approximately every two years
During an 8-hour workday, the average worker only spends 4 hours and 12 minutes actively working. Keep reading to see what employees are doing instead of working. Here are other top findings:
- 47% of workers admit to surfing the internet at work, making it the most common off-task behavior.
- 78% of respondents reported not needing 8 hours to complete their daily work.
- Employees spend an average of 1 hour and 5 minutes reading news websites during the work day.
- Employees consider 71% of time spent in meetings as unproductive.
- Between 25 to 90 minutes is the optimal amount of time to focus on intellectual, attention-heavy work.
I know, I know, many call the #S2F model invalid, cancelled. It is criticized a lot from many fronts including Austrians from the Mises Institute. Fair enough. Still when I look at it, it looks just fine to me, still predictive. Let’s see how it goes.
Bryan Caplan on the justice of Bukele:
Since he [Bukele] assumed power in 2019, El Salvador has gone from a murder rate of 36 per 100,000 to 2.4 per 100,000. Granted, when Bukele took office, the Salvadoran murder rate was already in steep decline. Still, going from the most murderous country in the world in 2015 to the second-least-murderous country in the Americas in 2023 is an absolute miracle.
A absolute miracle achieved by indefinitely jailing over 70,000 on mere suspicion.
Not so sure about Bitcoin, human greed and freedom. Humans are greedy, stay greedy. Also, not sure about the “Bitcoin making people free” narrative either. We all agree it’s a better money, let’s work on it and get rid of all the bullshit. View quoted note →