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Man who built ISP instead of paying Comcast $50K expands to hundreds of homes

(arstechnica.com)
1135 points carride | 1 comments | 10 Aug 22 13:23 UTC | HN request time: 0s | source
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qwe----3 ◴[10 Aug 22 13:35 UTC] No.32411651[source]▶
> over $30,000 for each of those homes to get served

This doesn't seem very efficient to me.

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fourthark ◴[10 Aug 22 13:46 UTC] No.32411831[source]▶
At $55/mo, he'll start making a profit in 45 years.
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TrueGeek ◴[10 Aug 22 13:53 UTC] No.32411957[source]▶
From the article: he had $2.6MM in help from the "American Rescue Plan's Coronavirus State and Local Fiscal Recovery Funds".

He's being paid by the government to bring Internet access to homes in the state that aren't currently wired for it.

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qwe----3 ◴[10 Aug 22 13:58 UTC] No.32412037[source]▶
That bill and these types of projects are basically why we have 10% inflation now.
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cgeier ◴[10 Aug 22 14:04 UTC] No.32412142{3}[source]▶
How does spending a lot of government money make goods and service more expensive?

EDIT: At least here in Western Europe, we mostly have a supply side inflation, because energy got a lot more expensive, not because the government has been "printing" a lot of money. I suspect it's the same in the US.

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1. failrate ◴[10 Aug 22 14:34 UTC] No.32412664{4}[source]▶
It does not unless that money is spent competing with businesses and citizens for resources. However, in this case the money had already been earmarked for rural internet service and is not being used to purchase goods and services that citizens would be buying instead.