Katie
👤 SpeakerAppearances Over Time
Podcast Appearances
The only use case where I would say that's different is if you are saving and investing for something like house down payment, where you are probably going to be accumulating quite a lot of money in this account. But again, in the grand scheme of things, if you're only going to be saving for, we'll say, fewer than five years, that's not really a meaningful amount of time for interest or
The only use case where I would say that's different is if you are saving and investing for something like house down payment, where you are probably going to be accumulating quite a lot of money in this account. But again, in the grand scheme of things, if you're only going to be saving for, we'll say, fewer than five years, that's not really a meaningful amount of time for interest or
your returns to compound anyway. So is it maybe not perfectly ideal or perfectly optimized? Sure, but it's not gonna be, it's not gonna be a game changing change.
your returns to compound anyway. So is it maybe not perfectly ideal or perfectly optimized? Sure, but it's not gonna be, it's not gonna be a game changing change.
your returns to compound anyway. So is it maybe not perfectly ideal or perfectly optimized? Sure, but it's not gonna be, it's not gonna be a game changing change.
Yeah. Well, I am quite type A, but to put it simply, I had gone down this rabbit hole learning about how the historical introduction of industrial capitalism evolved fundamentally changed human beings' relationship to their time. And it goes something like this.
Yeah. Well, I am quite type A, but to put it simply, I had gone down this rabbit hole learning about how the historical introduction of industrial capitalism evolved fundamentally changed human beings' relationship to their time. And it goes something like this.
Yeah. Well, I am quite type A, but to put it simply, I had gone down this rabbit hole learning about how the historical introduction of industrial capitalism evolved fundamentally changed human beings' relationship to their time. And it goes something like this.
When we shifted as a society from like craftsmen and people that were working for themselves or, you know, working in this way that they were like, it was like artisanal, right? You're picturing someone like a cobbler with shoes. You're shifting from that to like wage-based factory work. We began to be paid by the hour.
When we shifted as a society from like craftsmen and people that were working for themselves or, you know, working in this way that they were like, it was like artisanal, right? You're picturing someone like a cobbler with shoes. You're shifting from that to like wage-based factory work. We began to be paid by the hour.
When we shifted as a society from like craftsmen and people that were working for themselves or, you know, working in this way that they were like, it was like artisanal, right? You're picturing someone like a cobbler with shoes. You're shifting from that to like wage-based factory work. We began to be paid by the hour.
Now, this is different from someone who, again, used to make a living by like working for themselves, like a craftsman or something. If you are being paid by the hour, that means you are clocking in, you are clocking out. Suddenly the hour becomes a commodity.
Now, this is different from someone who, again, used to make a living by like working for themselves, like a craftsman or something. If you are being paid by the hour, that means you are clocking in, you are clocking out. Suddenly the hour becomes a commodity.
Now, this is different from someone who, again, used to make a living by like working for themselves, like a craftsman or something. If you are being paid by the hour, that means you are clocking in, you are clocking out. Suddenly the hour becomes a commodity.
And this was a big a big thing kind of in the dawn of industrial capitalism that like workers wouldn't be allowed to have their own clocks in the factory because the person that controlled the time was kind of in control of how much was getting done.
And this was a big a big thing kind of in the dawn of industrial capitalism that like workers wouldn't be allowed to have their own clocks in the factory because the person that controlled the time was kind of in control of how much was getting done.
And this was a big a big thing kind of in the dawn of industrial capitalism that like workers wouldn't be allowed to have their own clocks in the factory because the person that controlled the time was kind of in control of how much was getting done.
And so there would be, I read stories about like factory people that control the factory floor, kind of like, you know, setting back the clock a little bit to make them stay a little bit longer. Anyway, your time becomes something that someone else can pay for. And so by extension, it becomes something that can be wasted or something that can be optimized.
And so there would be, I read stories about like factory people that control the factory floor, kind of like, you know, setting back the clock a little bit to make them stay a little bit longer. Anyway, your time becomes something that someone else can pay for. And so by extension, it becomes something that can be wasted or something that can be optimized.
And so there would be, I read stories about like factory people that control the factory floor, kind of like, you know, setting back the clock a little bit to make them stay a little bit longer. Anyway, your time becomes something that someone else can pay for. And so by extension, it becomes something that can be wasted or something that can be optimized.