The Picard Maneuver@lemmy.world to People Twitter@sh.itjust.works · 10 days agoIs this too much to ask?lemmy.worldimagemessage-square145linkfedilinkarrow-up11.1Karrow-down18
arrow-up11.09Karrow-down1imageIs this too much to ask?lemmy.worldThe Picard Maneuver@lemmy.world to People Twitter@sh.itjust.works · 10 days agomessage-square145linkfedilink
minus-squareKalothar@lemmy.calinkfedilinkarrow-up4·edit-28 days ago25k loan without any context doesn’t mean anything. Let’s give it some, 25k in 1983 (when Jimmy Johns begin) has the spending power of 82k in 2026. So like an 82k loan to a 19 year old (Jimmy John Liautaud age in 1983) at a probable 0% interest rate from his own further is nothing. Additional fun: according to U.S. census records the median annual income in 1983 was about 25k.
minus-squarefibojoly@sh.itjust.workslinkfedilinkarrow-up2·9 days agoRight, that’s a bit more meaningful with context, thank you. A nice silver spoon for sure.
25k loan without any context doesn’t mean anything.
Let’s give it some, 25k in 1983 (when Jimmy Johns begin) has the spending power of 82k in 2026.
So like an 82k loan to a 19 year old (Jimmy John Liautaud age in 1983) at a probable 0% interest rate from his own further is nothing.
Additional fun: according to U.S. census records the median annual income in 1983 was about 25k.
Right, that’s a bit more meaningful with context, thank you. A nice silver spoon for sure.