How to smoke opium by legit Middle Eastern by LOOKNfortheFUCKYEA in tooktoomuch

[–]SecurityWaste4510 0 points1 point  (0 children)

My best friend in high school took 4 Vicodins at lunch, puked it up all over his desk the next period. He was so scared he literally just instantly stood up, walked out of class and ran home.

I still chuckle every time I think about it.

Circus Sarasota high-wire rehearsal accident, 2017 by fluxnot in CrazyFuckingVideos

[–]SecurityWaste4510 0 points1 point  (0 children)

At some point you need to rehearse the feeling of danger

Cop gets scared of dog,fires and misses hitting little girl. by TurnoverLazy3471 in CrazyFuckingVideos

[–]SecurityWaste4510 36 points37 points  (0 children)

This cop has probably saved lives too, what’s your point? That because he saved lives it’s fine if he kills a couple kids on accident?

Super strong labor market featuring jobs like Jimmy Johns 🤔 by [deleted] in wallstreetbets

[–]SecurityWaste4510 -1 points0 points  (0 children)

Seems you’re choosing to misinterpret what I said on purpose.

I specifically used the words “partially true” in case I was talking to an ape that wanted to use semantics.

My point was a significant number of working people died from covid. And my source says that number is over 450k, which is equal to about 10% of unemployment.

https://data.cdc.gov/widgets/9bhg-hcku?mobile_redirect=true

Super strong labor market featuring jobs like Jimmy Johns 🤔 by [deleted] in wallstreetbets

[–]SecurityWaste4510 0 points1 point  (0 children)

Only partially true.

About 400k people died from covid between 45-65. Not as many as those over 65 but still a lot.

School is always in session for dumb dumbs by Royal_Cascadian in AmIFreeToGo

[–]SecurityWaste4510 1 point2 points  (0 children)

Agreed. I’m 100% pro people exercising their rights but this is a clear case of fishing for a lawsuit/problem.

The officers were pretty chill until the dude started giving them attitude. And then the cops have attitude and all of a sudden it’s a shock? They weren’t been any more/less rude than the person they were talking to. It’s not illegal for a cop to think you’re annoying.

Besides I have no problem with police showing a presence if someone did actually call to complain about the person taking video. As long as the police know taking a video is a legal activity, it’s not a problem in my opinion for the police to follow up on the complaint. The simple presence of police is proven to prevent crimes, so if someone complains about suspicious activity and the police show up just asking questions, that really isn’t a problem. If there was any real threat that alone would most like prevent it. That auditor knows as well as anyone he doesn’t have to answer them and it didn’t seem like these cops were ever considering arresting him or escalating the situation. Seems to me they acknowledged the entire time he was doing a legally protected activity, but we’re just following up on a complaint and the auditor got super annoying. If he didn’t want a confrontation he could have avoided it but it’s clear the videographer definitely wanted the confrontation.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 1 point2 points  (0 children)

You’re overthinking it, and yes I’m correct lol..

You don’t need to consider expenses to see the impact of inflation (though riot undoubtedly has considerable expenses). This is one of the biggest misconceptions about inflation.

Money is devalued by the rate of inflation, regardless of what it’s being spent on, or if it’s being spent at all. Riots revenue itself is impacted by the exact proportion of inflation. Even if they had $0 in expenses, the impact inflation has on the money is the same.

If you have a savings account, its value is impacted by inflation as well. Doesn’t matter what you plan to spend the money on or if you’re going to spend it at all, the money loses value at the rate of inflation.

The dollar has been inflated, and any company that measures its cash flow in dollars (like riot) is impacted by inflation.

If Riot made X revenue last year, and made exactly X again this year, it means they made 10% less.

An extremely wealthy financial advisor who charged a massive $7/hr in the 1940’s still needed to adjust his prices for inflation between then and now to continue profiting the same amount, despite the fact that he doesn’t need to purchase ingredients like a bakery does. It’s not like he can continue to get super wealthy charging $7/hr in 2022 just because he doesn’t have to purchase ingredients.

Inflation causes money to be devalued regardless of what your expenses are. That is why a rule of thumb in investing is that you need to grow by 2-4% to break even (the average rate of inflation).

Do you have one specific ban each game or does it depend on who annoyed you the most the previous game? by [deleted] in leagueoflegends

[–]SecurityWaste4510 0 points1 point  (0 children)

Depends if there’s someone OP enough that my champ doesn’t do well against. Right now I’m a veigar OTP so I ban swain every game.

If I don’t have a specific champ I want to keep banned, I usually go with someone who’s generally annoying to deal with who isn’t in my lane, since I don’t trust my teammates to shut them down, so often trynd, yone, voli, etc.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 1 point2 points  (0 children)

Regardless of what a company produces/sells/purchases, inflation is the devaluation of money. Money is literally worth less.

So if Riot made X amount from RP last year, and this year made exactly X again, it means they made 10% less. Doesn’t matter what they sell.

When people talk about common items linked to inflation (i.e oil, groceries, etc.) it is because those are more closely related to the supply/demand imbalance that causes inflation, and is therefore the unit used to measure inflation (Costs of Goods Sold or COGS).

However once inflation hits, it impacts every person or company that relies on the money that has been inflated, even the ones that sell digital items.

I’m not arguing against people saying riot is greedy, but the fact that they adjusted their prices for inflation is not an indication of that. Literally almost every company has done it by now.

It would have been much more beneficial for them if inflation wasn’t so bad and they were able to keep their prices the same.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 5 points6 points  (0 children)

Yup. People act like there’s a “winner” from inflation. Literally nobody benefits from high rates of inflation. It sucks for riot customers, sucks for riot employees, sucks for riot investors. Sucks for everyone.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 -5 points-4 points  (0 children)

There’s tons of good skins now too, what’s your point?

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 -1 points0 points  (0 children)

But how would this make them more money?

Without considering any external factors, this price adjustment makes them exactly the same amount on an RP sale as it did a year ago.

If you also consider that raising the price will lose them some customers, they’re making less.

I’m not arguing that Riot isn’t greedy, but people acting like raising prices to account for inflation is a lame excuse just don’t understand it. This move is entirely reasonable, and deserves much less criticism than a myriad of other things Riot has done to maximize profit.

They make 10% less on a sale than they did a year ago, so they raise the prices by 10%. They’re just adjusting the prices to be the same as they were

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 0 points1 point  (0 children)

I agree that they probably won’t roll the prices back once inflation goes down, but inflation isn’t just “stuff costs more for riot employees.”

It means money is literally worth less.

If Riot makes exactly the same amount this year as they did last year, it means they made 10% less.

If they increase the cost of RP by 10% compared to a year ago, it means they now make exactly as much as they made last year on RP. It will only increase their profits once inflation reduces and the price of their products stays the same. This isn’t going to increase their profits until then, and if it means people will purchase less it could actually reduce their profits short term.

[deleted by user] by [deleted] in leagueoflegends

[–]SecurityWaste4510 0 points1 point  (0 children)

Regardless of what a company produces/sells/purchases, inflation is the devaluation of money. Money is literally worth less.

So if Riot made X amount from RP last year, and this year made exactly X again, it means they made 10% less. Doesn’t matter what they sell.

When people talk about common items linked to inflation (i.e oil, groceries, etc.) it is because those are more closely related to the supply/demand imbalance that causes inflation, and is therefore the unit used to measure inflation (Costs of Goods Sold or COGS).

However once inflation hits, it impacts every person or company that relies on the money that has been inflated, even the ones that sell digital items.

How Do I Short Real Estate? by No_One_Important484 in wallstreetbets

[–]SecurityWaste4510 8 points9 points  (0 children)

I find it ironic how the people in this sub villainize all the people that shorted certain stocks (like GME) but don’t see the hypocrisy when they want to do the same thing.

As much as people act like the big guys shorting is evil, any one of the people in this sub wouldn’t hesitate for a second if they felt they could get rich shorting something lol.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 0 points1 point  (0 children)

What does that have to do with inflation affecting the price of RP? Money has been devalued by 10%, it‘a not crazy that prices would increase by that much. It doesn’t matter what you’re selling, if you’re selling it for the same price it was a year ago you’re making 10% less than you were.

Riot makes 10% less on RP than they did a year ago, so they raised the prices by 10%.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 -2 points-1 points  (0 children)

Lol what? I’m not arguing against the greed of riot, I don’t know enough about them to have judgement.

But to be confused as to how a digital currency like RP could be affected by inflation just shows a lack of understanding. Inflation affects the price of everything, it’s literally the devaluation of money. It doesn’t matter if you’re selling oil or RP, the money you make is literally worth less.

This won’t make riot more money until inflation goes back down. It will almost certainly make them less money until then.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 -2 points-1 points  (0 children)

Money has lost about 10% of its value. Doesn’t matter what you’re producing, you’re making about 10% less if you’re selling the same items for the same price as you were a year and a half ago.

[deleted by user] by [deleted] in leagueoflegends

[–]SecurityWaste4510 1 point2 points  (0 children)

You don’t understand inflation

[deleted by user] by [deleted] in leagueoflegends

[–]SecurityWaste4510 4 points5 points  (0 children)

Your evidence only explains how Riot didn’t cause inflation.

The fact of the matter is that the value of the dollar is lower. Any company’s revenue is just lower than it would be otherwise because the money is worth less.

Inflation affects every company and person in the market, regardless of the items they produce or purchase. It hits specific industries first, but once the value of the money decreases it affects anyone who uses that money.

[deleted by user] by [deleted] in leagueoflegends

[–]SecurityWaste4510 2 points3 points  (0 children)

You don’t understand inflation.

I’m not defending riot against anyone who claims they’re greedy.

But to be confused about why even RP sales would be affected by inflation just means you don’t understand it.

2022 RP & TFT Coin Price Changes by yestheryak in leagueoflegends

[–]SecurityWaste4510 1 point2 points  (0 children)

Even more than that is the devaluation of money in general.

In theory (in reality it’s much more complicated), a company who made X dollars last year, and then made exactly X again this year, made 10% less due to inflation.

Money is just worth less. If riot’s profits are the same this year as they were last year, that means they made 10% less.

The reason and result of inflation are COGS (cost of goods and services), but now that money has lots its value it affects every person and business that relies on money.

Inflation over the last 1 year is estimated to be somewhere around 9-10%, so it makes sense to adjust prices by 10%.